NOVAFONTIS: 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.
NOVAFONTIS
Largest movements
- Cash -€29,654
down €29,654 (-61.1%), from €48,525 to €18,871
mainly Trade debts (-€20,288) and Contributions, distributions and other (-€17,000)
- Receivables within one year -€11,295
down €11,295 (-26.4%), from €42,762 to €31,466
of which Trade receivables: -€27,191
- Deferred charges and accrued income +€1,346
up €1,346 (+81.2%), from €1,658 to €3,004
- Trade debts -€20,288
down €20,288 (-58.8%), from €34,492 to €14,204
- Profit (loss) carried forward -€8,271
down €8,271 (-22.3%), from €37,092 to €28,821
- Tax, wage and social debts -€8,085
down €8,085 (-79.3%), from €10,193 to €2,107
- Other debts -€1,424
down €1,424 (-7.7%), from €18,424 to €17,000
- Gross operating margin -€24,651
down €24,651 (-51.8%), from €47,601 to €22,950
- Taxes -€4,092
down €4,092 (-44.0%), from €9,309 to €5,217
- Other operating charges -€3,221
down €3,221 (-65.5%), from €4,921 to €1,700
- Financial charges +€2,473
up €2,473 (+127%), from €1,943 to €4,415
- Depreciation +€958
up €958 (+49.4%), from €1,938 to €2,896
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 | €124,757 | €85,313 | -€39,444 | -31.6% |
| Fixed assets | 21/28 | €31,812 | €31,971 | +€159 | +0.5% |
| Tangible fixed assets | 22/27 | €31,812 | €31,971 | +€159 | +0.5% |
| Land and buildings | 22 | €14,711 | €14,269 | -€442 | -3.0% |
| Furniture and vehicles | 24 | €17,101 | €17,703 | +€601 | +3.5% |
| Current assets | 29/58 | €92,945 | €53,342 | -€39,603 | -42.6% |
| Amounts receivable within one year | 40/41 | €42,762 | €31,466 | -€11,295 | -26.4% |
| Trade receivables | 40 | €37,224 | €10,033 | -€27,191 | -73.0% |
| Other amounts receivable | 41 | €5,538 | €21,433 | +€15,895 | +287% |
| Cash at bank and in hand | 54/58 | €48,525 | €18,871 | -€29,654 | -61.1% |
| Deferred charges and accrued income | 490/1 | €1,658 | €3,004 | +€1,346 | +81.2% |
| Total equity and liabilities | 10/49 | €124,757 | €85,313 | -€39,444 | -31.6% |
| Equity | 10/15 | €57,552 | €49,281 | -€8,271 | -14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,092 | €28,821 | -€8,271 | -22.3% |
| Amounts payable | 17/49 | €67,205 | €36,032 | -€31,173 | -46.4% |
| Amounts payable within one year | 42/48 | €65,552 | €35,349 | -€30,203 | -46.1% |
| Financial debts | 43 | €2,444 | €2,037 | -€406 | -16.6% |
| Credit institutions | 430/8 | €2,444 | €2,037 | -€406 | -16.6% |
| Trade debts | 44 | €34,492 | €14,204 | -€20,288 | -58.8% |
| Suppliers | 440/4 | €34,492 | €14,204 | -€20,288 | -58.8% |
| Taxes, remuneration and social security | 45 | €10,193 | €2,107 | -€8,085 | -79.3% |
| Taxes | 450/3 | €10,193 | €2,107 | -€8,085 | -79.3% |
| Other amounts payable | 47/48 | €18,424 | €17,000 | -€1,424 | -7.7% |
| Accrued charges and deferred income | 492/3 | €1,653 | €684 | -€969 | -58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €2,896 | +€958 | +49.4% |
| Other operating charges | 640/8 | €4,921 | €1,700 | -€3,221 | -65.5% |
| Gross operating margin | 9900 | €47,601 | €22,950 | -€24,651 | -51.8% |
| Operating profit (loss) | 9901 | €40,742 | €18,355 | -€22,387 | -54.9% |
| Financial income | 75/76B | €88 | €7 | -€81 | -92.1% |
| Recurring financial income | 75 | €88 | €7 | -€81 | -92.1% |
| Financial charges | 65/66B | €1,943 | €4,415 | +€2,473 | +127% |
| Recurring financial charges | 65 | €1,943 | €4,415 | +€2,473 | +127% |
| Profit (loss) for the period before taxes | 9903 | €38,888 | €13,946 | -€24,942 | -64.1% |
| Income taxes | 67/77 | €9,309 | €5,217 | -€4,092 | -44.0% |
| Profit (loss) for the period | 9904 | €29,579 | €8,729 | -€20,850 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,579 | €8,729 | -€20,850 | -70.5% |
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.