NOVABLOC: 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.
NOVABLOC
Largest movements
- Tangible fixed assets -€8,333
down €8,333 (-1.9%), from €447,804 to €439,471
of which Furniture and vehicles: -€6,155
- Other debts +€142,207
up €142,207 (+71.6%), from €198,694 to €340,901
- Debts after one year -€119,033
down €119,033 (-34.1%), from €349,033 to €230,000
- Current portion of long-term debt -€20,489
down €20,489 (-58.9%), from €34,768 to €14,280
- Tax, wage and social debts -€6,836
no longer reported in 2025 (was €6,836)
- Staff costs +€65,445
new in 2025: €65,445
- Gross operating margin +€60,950
up €60,950 (+481.7%), from €12,652 to €73,602
- Other operating charges -€6,037
down €6,037 (-78.0%), from €7,742 to €1,706
- Financial charges +€1,403
new in 2025: €1,403
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
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 | €671,803 | €665,896 | -€5,907 | -0.9% |
| Fixed assets | 21/28 | €447,804 | €439,471 | -€8,333 | -1.9% |
| Tangible fixed assets | 22/27 | €447,804 | €439,471 | -€8,333 | -1.9% |
| Land and buildings | 22 | €434,713 | €434,713 | = | 0.0% |
| Furniture and vehicles | 24 | €8,819 | €2,664 | -€6,155 | -69.8% |
| Other tangible fixed assets | 26 | €4,272 | €2,094 | -€2,178 | -51.0% |
| Current assets | 29/58 | €223,999 | €226,424 | +€2,426 | +1.1% |
| Stocks and contracts in progress | 3 | €217,445 | €217,445 | = | 0.0% |
| Stocks | 30/36 | €217,445 | €217,445 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,554 | €8,980 | +€2,426 | +37.0% |
| Total equity and liabilities | 10/49 | €671,803 | €665,896 | -€5,907 | -0.9% |
| Equity | 10/15 | €61,283 | €57,999 | -€3,285 | -5.4% |
| Contributions | 10/11 | €42,395 | €42,395 | = | 0.0% |
| Capital | 10 | €42,395 | €42,395 | = | 0.0% |
| Issued capital | 100 | €42,395 | €42,395 | = | 0.0% |
| Reserves | 13 | €14,874 | €14,874 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,239 | €1,239 | = | 0.0% |
| Legal reserve | 130 | €1,239 | €1,239 | = | 0.0% |
| Distributable reserves | 133 | €13,634 | €13,634 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,015 | €731 | -€3,285 | -81.8% |
| Amounts payable | 17/49 | €610,519 | €607,897 | -€2,622 | -0.4% |
| Amounts payable after more than one year | 17 | €349,033 | €230,000 | -€119,033 | -34.1% |
| Financial debts | 170/4 | €349,033 | €230,000 | -€119,033 | -34.1% |
| Amounts payable within one year | 42/48 | €261,486 | €377,897 | +€116,411 | +44.5% |
| Current portion of amounts payable after more than one year | 42 | €34,768 | €14,280 | -€20,489 | -58.9% |
| Trade debts | 44 | €21,188 | €22,716 | +€1,528 | +7.2% |
| Suppliers | 440/4 | €21,188 | €22,716 | +€1,528 | +7.2% |
| Taxes, remuneration and social security | 45 | €6,836 | - | -€6,836 | |
| Remuneration and social security | 454/9 | €6,836 | - | -€6,836 | |
| Other amounts payable | 47/48 | €198,694 | €340,901 | +€142,207 | +71.6% |
| Remuneration, social security and pensions | 62 | - | €65,445 | +€65,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,333 | €8,333 | = | 0.0% |
| Other operating charges | 640/8 | €7,742 | €1,706 | -€6,037 | -78.0% |
| Gross operating margin | 9900 | €12,652 | €73,602 | +€60,950 | +481.7% |
| Operating profit (loss) | 9901 | -€3,423 | -€1,881 | +€1,542 | +45.0% |
| Financial charges | 65/66B | - | €1,403 | +€1,403 | |
| Recurring financial charges | 65 | - | €1,403 | +€1,403 | |
| Profit (loss) for the period before taxes | 9903 | -€3,423 | -€3,285 | +€138 | +4.0% |
| Profit (loss) for the period | 9904 | -€3,423 | -€3,285 | +€138 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,423 | -€3,285 | +€138 | +4.0% |
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 9 October 2026 via checked.be.