NOVADENT: 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.
NOVADENT
Largest movements
- Receivables within one year -€252,425
down €252,425 (-93.3%), from €270,500 to €18,075
of which Trade receivables: -€242,017
- Cash +€41,577
up €41,577 (+95.8%), from €43,399 to €84,976
mainly Receivables within one year (+€252,425) and Depreciation (+€33,044)
- Tangible fixed assets -€28,120
down €28,120 (-11.0%), from €255,889 to €227,769
of which Land and buildings: -€14,215
- Trade debts -€234,918
down €234,918 (-98.6%), from €238,215 to €3,297
- Debts after one year -€11,379
down €11,379 (-39.3%), from €28,960 to €17,581
- Profit (loss) carried forward +€7,653
up €7,653 (+2.7%), from €283,304 to €290,957
- Gross operating margin +€54,004
up €54,004 (+47.8%), from €113,013 to €167,017
- Staff costs +€21,909
up €21,909 (+30.6%), from €71,545 to €93,454
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €598,432 | €361,445 | -€236,987 | -39.6% |
| Fixed assets | 21/28 | €255,889 | €227,769 | -€28,120 | -11.0% |
| Tangible fixed assets | 22/27 | €255,889 | €227,769 | -€28,120 | -11.0% |
| Land and buildings | 22 | €189,092 | €174,877 | -€14,215 | -7.5% |
| Plant, machinery and equipment | 23 | €20,030 | €15,658 | -€4,372 | -21.8% |
| Furniture and vehicles | 24 | €46,767 | €37,235 | -€9,533 | -20.4% |
| Current assets | 29/58 | €342,543 | €133,675 | -€208,867 | -61.0% |
| Stocks and contracts in progress | 3 | €13,492 | €15,967 | +€2,475 | +18.3% |
| Stocks | 30/36 | €13,492 | €15,967 | +€2,475 | +18.3% |
| Amounts receivable within one year | 40/41 | €270,500 | €18,075 | -€252,425 | -93.3% |
| Trade receivables | 40 | €255,703 | €13,686 | -€242,017 | -94.6% |
| Other amounts receivable | 41 | €14,796 | €4,389 | -€10,408 | -70.3% |
| Current investments | 50/53 | €9,837 | €9,837 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,399 | €84,976 | +€41,577 | +95.8% |
| Deferred charges and accrued income | 490/1 | €5,315 | €4,821 | -€494 | -9.3% |
| Total equity and liabilities | 10/49 | €598,432 | €361,445 | -€236,987 | -39.6% |
| Equity | 10/15 | €303,756 | €311,408 | +€7,653 | +2.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €283,304 | €290,957 | +€7,653 | +2.7% |
| Amounts payable | 17/49 | €294,676 | €50,037 | -€244,640 | -83.0% |
| Amounts payable after more than one year | 17 | €28,960 | €17,581 | -€11,379 | -39.3% |
| Financial debts | 170/4 | €28,960 | €17,581 | -€11,379 | -39.3% |
| Amounts payable within one year | 42/48 | €260,778 | €27,383 | -€233,396 | -89.5% |
| Current portion of amounts payable after more than one year | 42 | €11,110 | €11,379 | +€269 | +2.4% |
| Trade debts | 44 | €238,215 | €3,297 | -€234,918 | -98.6% |
| Suppliers | 440/4 | €238,215 | €3,297 | -€234,918 | -98.6% |
| Taxes, remuneration and social security | 45 | €11,454 | €10,682 | -€772 | -6.7% |
| Taxes | 450/3 | €5,116 | €6,789 | +€1,673 | +32.7% |
| Remuneration and social security | 454/9 | €6,338 | €3,893 | -€2,444 | -38.6% |
| Other amounts payable | 47/48 | - | €2,025 | +€2,025 | |
| Accrued charges and deferred income | 492/3 | €4,938 | €5,073 | +€134 | +2.7% |
| Remuneration, social security and pensions | 62 | €71,545 | €93,454 | +€21,909 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,694 | €33,044 | +€1,351 | +4.3% |
| Other operating charges | 640/8 | €5,097 | €6,091 | +€995 | +19.5% |
| Gross operating margin | 9900 | €113,013 | €167,017 | +€54,004 | +47.8% |
| Operating profit (loss) | 9901 | €4,678 | €34,427 | +€29,749 | +636% |
| Financial income | 75/76B | €278 | €332 | +€54 | +19.3% |
| Recurring financial income | 75 | €278 | €332 | +€54 | +19.3% |
| Financial charges | 65/66B | €1,434 | €2,563 | +€1,129 | +78.7% |
| Recurring financial charges | 65 | €1,434 | €2,563 | +€1,129 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | €3,522 | €32,196 | +€28,674 | +814% |
| Income taxes | 67/77 | €3,144 | €4,543 | +€1,399 | +44.5% |
| Profit (loss) for the period | 9904 | €378 | €27,653 | +€27,275 | +7,221% |
| Profit (loss) for the period to be appropriated | 9905 | €378 | €27,653 | +€27,275 | +7,221% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.