Novafid: 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.
Novafid
Largest movements
- Tangible fixed assets +€29,741
new in 2025: €29,741
of which Other tangible fixed assets: +€28,825
- Receivables within one year +€13,729
up €13,729 (+77.2%), from €17,791 to €31,520
of which Trade receivables: +€13,415
- Deferred charges and accrued income -€1,015
down €1,015 (-46.5%), from €2,180 to €1,166
- Debts after one year +€18,416
new in 2025: €18,416
- Trade debts +€9,726
up €9,726 (+155.7%), from €6,246 to €15,972
- Current portion of long-term debt +€7,500
new in 2025: €7,500
- Accrued charges and deferred income +€7,450
up €7,450 (+1354.5%), from €550 to €8,000
- Tax, wage and social debts +€2,645
up €2,645 (+76.0%), from €3,479 to €6,125
of which Remuneration and social security: +€3,999
- Staff costs +€43,904
new in 2025: €43,904
- Gross operating margin +€39,014
up €39,014 (+391.3%), from €9,969 to €48,984
- Other operating charges +€3,647
new in 2025: €3,647
- Depreciation +€2,804
new in 2025: €2,804
- Taxes -€1,845
down €1,845 (-92.9%), from €1,986 to €140
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 | €21,775 | €64,927 | +€43,152 | +198.2% |
| Fixed assets | 21/28 | - | €29,951 | +€29,951 | |
| Tangible fixed assets | 22/27 | - | €29,741 | +€29,741 | |
| Furniture and vehicles | 24 | - | €917 | +€917 | |
| Other tangible fixed assets | 26 | - | €28,825 | +€28,825 | |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €21,775 | €34,975 | +€13,200 | +60.6% |
| Amounts receivable within one year | 40/41 | €17,791 | €31,520 | +€13,729 | +77.2% |
| Trade receivables | 40 | €17,775 | €31,190 | +€13,415 | +75.5% |
| Other amounts receivable | 41 | €16 | €330 | +€314 | +1991.5% |
| Cash at bank and in hand | 54/58 | €1,804 | €2,290 | +€486 | +27.0% |
| Deferred charges and accrued income | 490/1 | €2,180 | €1,166 | -€1,015 | -46.5% |
| Total equity and liabilities | 10/49 | €21,775 | €64,927 | +€43,152 | +198.2% |
| Equity | 10/15 | €11,499 | €8,914 | -€2,585 | -22.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,499 | €3,914 | -€2,585 | -39.8% |
| Amounts payable | 17/49 | €10,275 | €56,012 | +€45,737 | +445.1% |
| Amounts payable after more than one year | 17 | - | €18,416 | +€18,416 | |
| Financial debts | 170/4 | - | €18,416 | +€18,416 | |
| Amounts payable within one year | 42/48 | €9,725 | €29,596 | +€19,871 | +204.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €6,246 | €15,972 | +€9,726 | +155.7% |
| Suppliers | 440/4 | €6,246 | €15,972 | +€9,726 | +155.7% |
| Taxes, remuneration and social security | 45 | €3,479 | €6,125 | +€2,645 | +76.0% |
| Taxes | 450/3 | €3,479 | €2,126 | -€1,354 | -38.9% |
| Remuneration and social security | 454/9 | - | €3,999 | +€3,999 | |
| Accrued charges and deferred income | 492/3 | €550 | €8,000 | +€7,450 | +1354.5% |
| Remuneration, social security and pensions | 62 | - | €43,904 | +€43,904 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,804 | +€2,804 | |
| Other operating charges | 640/8 | - | €3,647 | +€3,647 | |
| Gross operating margin | 9900 | €9,969 | €48,984 | +€39,014 | +391.3% |
| Operating profit (loss) | 9901 | €9,969 | -€1,371 | -€11,341 | |
| Financial charges | 65/66B | €53 | €1,074 | +€1,021 | +1940.7% |
| Recurring financial charges | 65 | €53 | €1,074 | +€1,021 | +1940.7% |
| Profit (loss) for the period before taxes | 9903 | €9,917 | -€2,445 | -€12,362 | |
| Income taxes | 67/77 | €1,986 | €140 | -€1,845 | -92.9% |
| Profit (loss) for the period | 9904 | €7,931 | -€2,585 | -€10,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,931 | -€2,585 | -€10,516 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.