NOVABIRRA: 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.
NOVABIRRA
Largest movements
- Receivables within one year -€22,061
down €22,061 (-71.6%), from €30,803 to €8,743
of which Trade receivables: -€22,075
- Cash -€9,882
down €9,882 (-61.0%), from €16,207 to €6,325
mainly Trade debts (-€19,399) and Net result for the year (-€17,019)
- Stocks and contracts -€9,154
down €9,154 (-26.4%), from €34,640 to €25,485
- Tangible fixed assets -€6,414
down €6,414 (-69.3%), from €9,256 to €2,842
of which Furniture and vehicles: -€3,712
- Trade debts -€19,399
down €19,399 (-74.4%), from €26,064 to €6,665
- Profit (loss) carried forward -€17,019
down €17,019 (-196%), from -€8,679 to -€25,698
- Other debts -€7,727
down €7,727 (-17.7%), from €43,669 to €35,942
- Current portion of long-term debt -€1,783
down €1,783 (-66.7%), from €2,675 to €892
- Tax, wage and social debts -€1,194
down €1,194 (-27.3%), from €4,381 to €3,186
- Gross operating margin -€18,829
down €18,829, from €13,584 to -€5,245
- Other operating charges +€2,704
up €2,704 (+306%), from €883 to €3,587
- Depreciation -€1,272
down €1,272 (-16.5%), from €7,716 to €6,444
- Write-downs +€1,227
new in 2025: €1,227
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,362 | €43,836 | -€47,526 | -52.0% |
| Fixed assets | 21/28 | €9,286 | €2,842 | -€6,444 | -69.4% |
| Intangible fixed assets | 21 | €30 | €0 | -€30 | -100% |
| Tangible fixed assets | 22/27 | €9,256 | €2,842 | -€6,414 | -69.3% |
| Plant, machinery and equipment | 23 | €5,278 | €2,575 | -€2,702 | -51.2% |
| Furniture and vehicles | 24 | €3,978 | €266 | -€3,712 | -93.3% |
| Current assets | 29/58 | €82,075 | €40,994 | -€41,081 | -50.1% |
| Stocks and contracts in progress | 3 | €34,640 | €25,485 | -€9,154 | -26.4% |
| Stocks | 30/36 | €34,640 | €25,485 | -€9,154 | -26.4% |
| Amounts receivable within one year | 40/41 | €30,803 | €8,743 | -€22,061 | -71.6% |
| Trade receivables | 40 | €30,803 | €8,728 | -€22,075 | -71.7% |
| Other amounts receivable | 41 | €0 | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €16,207 | €6,325 | -€9,882 | -61.0% |
| Deferred charges and accrued income | 490/1 | €426 | €441 | +€15 | +3.6% |
| Total equity and liabilities | 10/49 | €91,362 | €43,836 | -€47,526 | -52.0% |
| Equity | 10/15 | €11,781 | -€5,238 | -€17,019 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,679 | -€25,698 | -€17,019 | -196% |
| Amounts payable | 17/49 | €79,581 | €49,074 | -€30,507 | -38.3% |
| Amounts payable after more than one year | 17 | €2,792 | €1,900 | -€892 | -31.9% |
| Financial debts | 170/4 | €892 | €0 | -€892 | -100% |
| Other amounts payable | 178/9 | €1,900 | €1,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,789 | €46,686 | -€30,103 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €2,675 | €892 | -€1,783 | -66.7% |
| Trade debts | 44 | €26,064 | €6,665 | -€19,399 | -74.4% |
| Suppliers | 440/4 | €26,064 | €6,665 | -€19,399 | -74.4% |
| Taxes, remuneration and social security | 45 | €4,381 | €3,186 | -€1,194 | -27.3% |
| Taxes | 450/3 | €4,381 | €3,186 | -€1,194 | -27.3% |
| Other amounts payable | 47/48 | €43,669 | €35,942 | -€7,727 | -17.7% |
| Accrued charges and deferred income | 492/3 | - | €488 | +€488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,716 | €6,444 | -€1,272 | -16.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,227 | +€1,227 | |
| Other operating charges | 640/8 | €883 | €3,587 | +€2,704 | +306% |
| Gross operating margin | 9900 | €13,584 | -€5,245 | -€18,829 | |
| Operating profit (loss) | 9901 | €4,984 | -€16,504 | -€21,488 | |
| Financial income | 75/76B | €3 | €6 | +€3 | +96.4% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +96.4% |
| Financial charges | 65/66B | €454 | €521 | +€66 | +14.5% |
| Recurring financial charges | 65 | €454 | €521 | +€66 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €4,533 | -€17,019 | -€21,552 | |
| Profit (loss) for the period | 9904 | €4,533 | -€17,019 | -€21,552 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,533 | -€17,019 | -€21,552 |
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 28 October 2026 via checked.be.