NOVABUILD: what changed
Two fiscal 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.
NOVABUILD
Largest movements
- Receivables within one year +€166,822
up €166,822 (+83.8%), from €199,018 to €365,839
of which Trade receivables: +€138,592
- Tangible fixed assets -€29,061
down €29,061 (-9.6%), from €302,303 to €273,241
of which Furniture and vehicles: -€20,018
- Deferred charges and accrued income -€27,605
down €27,605 (-90.3%), from €30,566 to €2,962
- Trade debts +€131,436
up €131,436 (+82.5%), from €159,405 to €290,841
- Debts after one year -€24,536
down €24,536 (-12.8%), from €192,392 to €167,856
- Tax, wage and social debts -€8,233
down €8,233 (-66.8%), from €12,321 to €4,088
of which Remuneration and social security: -€5,389
- Profit (loss) carried forward +€6,911
up €6,911 (+4.7%), from €146,278 to €153,189
- Turnover +€142,060
up €142,060 (+19.8%), from €717,746 to €859,806
- Gross operating margin +€101,324
up €101,324 (+1138.4%), from €8,901 to €110,225
- Purchases and services +€40,736
up €40,736 (+5.7%), from €708,845 to €749,581
- Write-downs +€28,856
new in 2025: €28,856
- Other operating charges +€23,253
up €23,253 (+179.1%), from €12,980 to €36,233
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 | €550,374 | €658,512 | +€108,138 | +19.6% |
| Fixed assets | 21/28 | €302,378 | €273,316 | -€29,061 | -9.6% |
| Tangible fixed assets | 22/27 | €302,303 | €273,241 | -€29,061 | -9.6% |
| Land and buildings | 22 | €247,685 | €236,960 | -€10,725 | -4.3% |
| Plant, machinery and equipment | 23 | €3,110 | €4,792 | +€1,681 | +54.1% |
| Furniture and vehicles | 24 | €51,507 | €31,489 | -€20,018 | -38.9% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €247,996 | €385,196 | +€137,200 | +55.3% |
| Stocks and contracts in progress | 3 | €15,719 | €16,329 | +€610 | +3.9% |
| Stocks | 30/36 | €15,719 | €16,329 | +€610 | +3.9% |
| Amounts receivable within one year | 40/41 | €199,018 | €365,839 | +€166,822 | +83.8% |
| Trade receivables | 40 | €187,060 | €325,652 | +€138,592 | +74.1% |
| Other amounts receivable | 41 | €11,958 | €40,187 | +€28,229 | +236.1% |
| Cash at bank and in hand | 54/58 | €2,694 | €66 | -€2,627 | -97.5% |
| Deferred charges and accrued income | 490/1 | €30,566 | €2,962 | -€27,605 | -90.3% |
| Total equity and liabilities | 10/49 | €550,374 | €658,512 | +€108,138 | +19.6% |
| Equity | 10/15 | €154,338 | €161,249 | +€6,911 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €146,278 | €153,189 | +€6,911 | +4.7% |
| Amounts payable | 17/49 | €396,036 | €497,263 | +€101,227 | +25.6% |
| Amounts payable after more than one year | 17 | €192,392 | €167,856 | -€24,536 | -12.8% |
| Financial debts | 170/4 | €192,392 | €167,856 | -€24,536 | -12.8% |
| Amounts payable within one year | 42/48 | €203,644 | €329,408 | +€125,764 | +61.8% |
| Current portion of amounts payable after more than one year | 42 | €23,797 | €24,536 | +€740 | +3.1% |
| Financial debts | 43 | €8,121 | €9,942 | +€1,821 | +22.4% |
| Credit institutions | 430/8 | €8,121 | €9,942 | +€1,821 | +22.4% |
| Trade debts | 44 | €159,405 | €290,841 | +€131,436 | +82.5% |
| Suppliers | 440/4 | €159,405 | €290,841 | +€131,436 | +82.5% |
| Taxes, remuneration and social security | 45 | €12,321 | €4,088 | -€8,233 | -66.8% |
| Taxes | 450/3 | €6,931 | €4,088 | -€2,843 | -41.0% |
| Remuneration and social security | 454/9 | €5,389 | €0 | -€5,389 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €717,746 | €859,806 | +€142,060 | +19.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €708,845 | €749,581 | +€40,736 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,196 | €32,563 | +€9,367 | +40.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €28,856 | +€28,856 | |
| Other operating charges | 640/8 | €12,980 | €36,233 | +€23,253 | +179.1% |
| Gross operating margin | 9900 | €8,901 | €110,225 | +€101,324 | +1138.4% |
| Operating profit (loss) | 9901 | -€27,275 | €12,574 | +€39,848 | |
| Financial income | 75/76B | €2,219 | €1,650 | -€568 | -25.6% |
| Recurring financial income | 75 | €2,219 | €1,650 | -€568 | -25.6% |
| Financial charges | 65/66B | €7,958 | €7,313 | -€645 | -8.1% |
| Recurring financial charges | 65 | €7,958 | €7,313 | -€645 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,014 | €6,911 | +€39,925 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€33,014 | €6,911 | +€39,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,014 | €6,911 | +€39,925 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.