NOVAC CONSTRUCT: 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.
NOVAC CONSTRUCT
Largest movements
- Receivables within one year -€2,475
down €2,475 (-7.7%), from €32,124 to €29,648
of which Trade receivables: -€12,656
- Cash +€548
up €548 (+22.8%), from €2,397 to €2,945
mainly Receivables within one year (+€2,475) and Net result for the year (+€681)
- Trade debts -€2,428
down €2,428 (-100.0%), from €2,428 to €0
- Profit (loss) carried forward +€681
up €681 (+2.3%), from €29,035 to €29,715
- Gross operating margin -€6,693
down €6,693 (-81.7%), from €8,197 to €1,504
- Taxes -€181
down €181 (-32.4%), from €559 to €378
- Other operating charges +€136
up €136 (+213.5%), from €64 to €200
- Financial charges +€122
up €122 (+99.0%), from €123 to €245
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 | €34,521 | €32,593 | -€1,928 | -5.6% |
| Current assets | 29/58 | €34,521 | €32,593 | -€1,928 | -5.6% |
| Amounts receivable within one year | 40/41 | €32,124 | €29,648 | -€2,475 | -7.7% |
| Trade receivables | 40 | €12,656 | - | -€12,656 | |
| Other amounts receivable | 41 | €19,467 | €29,648 | +€10,181 | +52.3% |
| Cash at bank and in hand | 54/58 | €2,397 | €2,945 | +€548 | +22.8% |
| Total equity and liabilities | 10/49 | €34,521 | €32,593 | -€1,928 | -5.6% |
| Equity | 10/15 | €31,535 | €32,215 | +€681 | +2.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,035 | €29,715 | +€681 | +2.3% |
| Amounts payable | 17/49 | €2,986 | €378 | -€2,608 | -87.3% |
| Amounts payable within one year | 42/48 | €2,986 | €378 | -€2,608 | -87.3% |
| Trade debts | 44 | €2,428 | €0 | -€2,428 | -100.0% |
| Suppliers | 440/4 | €2,428 | €0 | -€2,428 | -100.0% |
| Taxes, remuneration and social security | 45 | €559 | €378 | -€181 | -32.4% |
| Taxes | 450/3 | €559 | €378 | -€181 | -32.4% |
| Other operating charges | 640/8 | €64 | €200 | +€136 | +213.5% |
| Gross operating margin | 9900 | €8,197 | €1,504 | -€6,693 | -81.7% |
| Operating profit (loss) | 9901 | €8,133 | €1,304 | -€6,829 | -84.0% |
| Financial charges | 65/66B | €123 | €245 | +€122 | +99.0% |
| Recurring financial charges | 65 | €123 | €245 | +€122 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | €8,009 | €1,059 | -€6,951 | -86.8% |
| Income taxes | 67/77 | €559 | €378 | -€181 | -32.4% |
| Profit (loss) for the period | 9904 | €7,451 | €681 | -€6,770 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,451 | €681 | -€6,770 | -90.9% |
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 10 October 2026 via checked.be.