NOVABIL SUD: 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.
What changed
NOVABIL SUD
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€625,550
2024 · -€255,146-€370,404
Equity
€4.0m
2024 · €4.7m-€630,837
Cash
€103,980
2024 · €264,937-€160,958
Balance sheet total
€11.7m
2024 · €13.1m-€1.4m
Largest movements
Assets
- Stocks and contracts -€765,557
down €765,557 (-12.6%), from €6.1m to €5.3m
- Intangible fixed assets -€327,882
down €327,882 (-25.0%), from €1.3m to €983,646
- Cash -€160,958
down €160,958 (-60.8%), from €264,937 to €103,980
mainly Trade debts (-€2.3m) and Net result for the year (-€625,550)
Equity and liabilities
- Trade debts -€2.3m
down €2.3m (-39.2%), from €5.9m to €3.6m
- Short-term financial debts +€2.2m
new in 2025: €2.2m
- Profit (loss) carried forward -€625,550
down €625,550 (-16.3%), from €3.8m to €3.2m
- Debts after one year -€506,767
down €506,767 (-31.8%), from €1.6m to €1.1m
Income statement
- Goods and materials -€774,873
down €774,873 (-2.9%), from €26.9m to €26.1m
of which Change in stocks: decrease (increase): -€409,322
- Turnover -€488,365
down €488,365 (-1.7%), from €29.4m to €28.9m
- Write-downs +€387,969
up €387,969, from -€314,548 to €73,421
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.
Result 2024
-€255,146
Turnover
-€488,365
Other operating income
-€192,095
Goods and materials
+€774,873
Services and other goods
-€67,763
Staff costs
-€17,209
Depreciation
-€70,938
Write-downs
-€387,969
Other operating charges
+€23,104
Financial income
+€47,545
Financial charges
-€36,290
Taxes
+€44,703
Result 2025
-€625,550
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€1.5m
Investment
-€259,703
Financing
+€1.6m
Cash 2024
€264,937
From operations (derived)
-€1.5m
Net result for the year
-€625,550
Depreciation
+€711,178
Stocks and contracts
+€765,557
Receivables within one year
+€95,824
Deferred charges and accrued income
-€93,412
Trade debts
-€2.3m
Tax, wage and social debts
-€57,889
Advances received
-€500
Accrued charges and deferred income
-€27,057
Investment (derived)
-€259,703
Investment in fixed assets (net)
-€259,703
Financing
+€1.6m
Debts after one year
-€506,767
Current portion of long-term debt
-€11,195
Short-term financial debts
+€2.2m
Contributions, distributions and other
-€5,287
Cash 2025
€103,980
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,058,730 | €11,678,326 | -€1.4m | -10.6% |
| Fixed assets | 21/28 | €2,770,179 | €2,318,704 | -€451,475 | -16.3% |
| Intangible fixed assets | 21 | €1,311,528 | €983,646 | -€327,882 | -25.0% |
| Tangible fixed assets | 22/27 | €1,454,975 | €1,331,383 | -€123,593 | -8.5% |
| Land and buildings | 22 | - | €94,646 | +€94,646 | |
| Plant, machinery and equipment | 23 | €243,190 | €186,854 | -€56,336 | -23.2% |
| Furniture and vehicles | 24 | €133,204 | €158,755 | +€25,552 | +19.2% |
| Other tangible fixed assets | 26 | €998,566 | €878,521 | -€120,045 | -12.0% |
| Assets under construction and advance payments | 27 | €80,016 | €12,607 | -€67,409 | -84.2% |
| Financial fixed assets | 28 | €3,675 | €3,675 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,675 | €3,675 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,675 | €3,675 | = | 0.0% |
| Current assets | 29/58 | €10,288,551 | €9,359,623 | -€928,928 | -9.0% |
| Stocks and contracts in progress | 3 | €6,065,644 | €5,300,087 | -€765,557 | -12.6% |
| Stocks | 30/36 | €6,065,644 | €5,300,087 | -€765,557 | -12.6% |
| Goods purchased for resale | 34 | €6,065,644 | €5,300,087 | -€765,557 | -12.6% |
| Amounts receivable within one year | 40/41 | €3,910,148 | €3,814,324 | -€95,824 | -2.5% |
| Trade receivables | 40 | €1,664,790 | €1,862,994 | +€198,204 | +11.9% |
| Other amounts receivable | 41 | €2,245,358 | €1,951,329 | -€294,029 | -13.1% |
| Cash at bank and in hand | 54/58 | €264,937 | €103,980 | -€160,958 | -60.8% |
| Deferred charges and accrued income | 490/1 | €47,821 | €141,233 | +€93,412 | +195% |
| Total equity and liabilities | 10/49 | €13,058,730 | €11,678,326 | -€1.4m | -10.6% |
| Equity | 10/15 | €4,673,697 | €4,042,860 | -€630,837 | -13.5% |
| Contributions | 10/11 | €410,020 | €410,020 | = | 0.0% |
| Capital | 10 | €410,020 | €410,020 | = | 0.0% |
| Issued capital | 100 | €410,020 | €410,020 | = | 0.0% |
| Reserves | 13 | €357,325 | €357,325 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38,341 | €38,341 | = | 0.0% |
| Legal reserve | 130 | €38,341 | €38,341 | = | 0.0% |
| Distributable reserves | 133 | €318,984 | €318,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,839,534 | €3,213,984 | -€625,550 | -16.3% |
| Investment grants | 15 | €66,818 | €61,532 | -€5,287 | -7.9% |
| Amounts payable | 17/49 | €8,385,033 | €7,635,466 | -€749,566 | -8.9% |
| Amounts payable after more than one year | 17 | €1,592,243 | €1,085,476 | -€506,767 | -31.8% |
| Financial debts | 170/4 | €1,592,243 | €1,085,476 | -€506,767 | -31.8% |
| Credit institutions | 173 | €1,592,243 | €1,085,476 | -€506,767 | -31.8% |
| Amounts payable within one year | 42/48 | €6,744,943 | €6,529,201 | -€215,743 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €520,065 | €508,869 | -€11,195 | -2.2% |
| Financial debts | 43 | - | €2,165,953 | +€2.2m | |
| Credit institutions | 430/8 | - | €2,165,953 | +€2.2m | |
| Trade debts | 44 | €5,894,366 | €3,582,255 | -€2.3m | -39.2% |
| Suppliers | 440/4 | €5,894,366 | €3,582,255 | -€2.3m | -39.2% |
| Advances received on contracts in progress | 46 | €2,700 | €2,200 | -€500 | -18.5% |
| Taxes, remuneration and social security | 45 | €327,813 | €269,924 | -€57,889 | -17.7% |
| Taxes | 450/3 | €99,607 | €62,789 | -€36,819 | -37.0% |
| Remuneration and social security | 454/9 | €228,206 | €207,135 | -€21,071 | -9.2% |
| Accrued charges and deferred income | 492/3 | €47,847 | €20,790 | -€27,057 | -56.5% |
| Operating income | 70/76A | €31,111,930 | €30,431,471 | -€680,460 | -2.2% |
| Turnover | 70 | €29,357,249 | €28,868,884 | -€488,365 | -1.7% |
| Other operating income | 74 | €1,754,682 | €1,562,587 | -€192,095 | -10.9% |
| Operating charges | 60/66A | €31,172,255 | €30,918,157 | -€254,098 | -0.8% |
| Goods for resale, raw materials and consumables | 60 | €26,850,649 | €26,075,776 | -€774,873 | -2.9% |
| Purchases | 600/8 | €25,749,191 | €25,383,640 | -€365,551 | -1.4% |
| Change in stocks: decrease (increase) | 609 | €1,101,458 | €692,136 | -€409,322 | -37.2% |
| Services and other goods | 61 | €2,069,190 | €2,136,954 | +€67,763 | +3.3% |
| Remuneration, social security and pensions | 62 | €1,832,962 | €1,850,171 | +€17,209 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €640,240 | €711,178 | +€70,938 | +11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€314,548 | €73,421 | +€387,969 | |
| Other operating charges | 640/8 | €93,761 | €70,657 | -€23,104 | -24.6% |
| Operating profit (loss) | 9901 | -€60,324 | -€486,687 | -€426,362 | -707% |
| Financial income | 75/76B | €14,494 | €62,038 | +€47,545 | +328% |
| Recurring financial income | 75 | €14,494 | €62,038 | +€47,545 | +328% |
| Income from current assets | 751 | €2,725 | €56,745 | +€54,020 | +1,982% |
| Other financial income | 752/9 | €11,768 | €5,293 | -€6,476 | -55.0% |
| Financial charges | 65/66B | €160,385 | €196,675 | +€36,290 | +22.6% |
| Recurring financial charges | 65 | €160,385 | €196,675 | +€36,290 | +22.6% |
| Debt charges | 650 | €157,785 | €185,533 | +€27,748 | +17.6% |
| Other financial charges | 652/9 | €2,600 | €11,141 | +€8,542 | +329% |
| Profit (loss) for the period before taxes | 9903 | -€206,216 | -€621,323 | -€415,107 | -201% |
| Income taxes | 67/77 | €48,930 | €4,227 | -€44,703 | -91.4% |
| Taxes | 670/3 | €48,930 | €10,632 | -€38,298 | -78.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €6,405 | +€6,405 | |
| Profit (loss) for the period | 9904 | -€255,146 | -€625,550 | -€370,404 | -145% |
| Profit (loss) for the period to be appropriated | 9905 | -€255,146 | -€625,550 | -€370,404 | -145% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.