NOVA ZEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NOVA ZEN
Largest movements
- Cash +€73,074
up €73,074 (+3522.5%), from €2,074 to €75,149
- Deferred charges and accrued income +€17,139
new in 2025: €17,139
- Tangible fixed assets +€4,025
new in 2025: €4,025
- Profit (loss) carried forward +€62,980
up €62,980, from -€7,904 to €55,076
- Tax, wage and social debts +€22,955
new in 2025: €22,955
- Trade debts +€10,461
new in 2025: €10,461
- Other debts -€2,142
down €2,142 (-49.5%), from €4,328 to €2,186
- Gross operating margin +€87,173
new in 2025: €87,173
- Taxes +€21,661
new in 2025: €21,661
- Other operating charges +€1,082
up €1,082 (+284.8%), from €380 to €1,461
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,625 | €96,878 | +€94,253 | +3590.7% |
| Fixed assets | 21/28 | - | €4,025 | +€4,025 | |
| Tangible fixed assets | 22/27 | - | €4,025 | +€4,025 | |
| Furniture and vehicles | 24 | - | €4,025 | +€4,025 | |
| Current assets | 29/58 | €2,625 | €92,852 | +€90,227 | +3437.3% |
| Amounts receivable within one year | 40/41 | €550 | €565 | +€15 | +2.7% |
| Other amounts receivable | 41 | €550 | €565 | +€15 | +2.7% |
| Cash at bank and in hand | 54/58 | €2,074 | €75,149 | +€73,074 | +3522.5% |
| Deferred charges and accrued income | 490/1 | - | €17,139 | +€17,139 | |
| Total equity and liabilities | 10/49 | €2,625 | €96,878 | +€94,253 | +3590.7% |
| Equity | 10/15 | -€1,704 | €61,276 | +€62,980 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,904 | €55,076 | +€62,980 | |
| Amounts payable | 17/49 | €4,328 | €35,602 | +€31,273 | +722.5% |
| Amounts payable within one year | 42/48 | €4,328 | €35,602 | +€31,273 | +722.5% |
| Trade debts | 44 | - | €10,461 | +€10,461 | |
| Suppliers | 440/4 | - | €10,461 | +€10,461 | |
| Taxes, remuneration and social security | 45 | - | €22,955 | +€22,955 | |
| Taxes | 450/3 | - | €22,955 | +€22,955 | |
| Other amounts payable | 47/48 | €4,328 | €2,186 | -€2,142 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €409 | +€409 | |
| Other operating charges | 640/8 | €380 | €1,461 | +€1,082 | +284.8% |
| Gross operating margin | 9900 | - | €87,173 | +€87,173 | |
| Operating profit (loss) | 9901 | -€380 | €85,303 | +€85,683 | |
| Financial charges | 65/66B | €104 | €662 | +€558 | +534.8% |
| Recurring financial charges | 65 | €104 | €662 | +€558 | +534.8% |
| Profit (loss) for the period before taxes | 9903 | -€484 | €84,640 | +€85,125 | |
| Income taxes | 67/77 | - | €21,661 | +€21,661 | |
| Profit (loss) for the period | 9904 | -€484 | €62,980 | +€63,464 | |
| Profit (loss) for the period to be appropriated | 9905 | -€484 | €62,980 | +€63,464 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.