NOVAFRITES: 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.
NOVAFRITES
Largest movements
- Cash -€45,549
down €45,549 (-77.0%), from €59,164 to €13,615
mainly Receivables within one year (-€25,635) and Trade debts (-€25,043)
- Receivables within one year +€25,635
up €25,635 (+7.4%), from €348,026 to €373,661
of which Trade receivables: +€16,834
- Deferred charges and accrued income +€6,229
up €6,229 (+285%), from €2,187 to €8,416
- Trade debts -€25,043
down €25,043 (-6.3%), from €395,925 to €370,882
- Reserves +€11,019
up €11,019 (+195%), from €5,650 to €16,669
- Accrued charges and deferred income -€5,605
down €5,605 (-36.1%), from €15,505 to €9,900
- Write-downs +€76,429
up €76,429 (+1,895%), from €4,034 to €80,463
- Gross operating margin +€75,965
up €75,965 (+74.2%), from €102,413 to €178,378
- Staff costs -€18,595
down €18,595 (-21.4%), from €86,836 to €68,241
- Other operating charges +€8,568
up €8,568 (+685%), from €1,250 to €9,819
- Taxes +€2,566
up €2,566 (+183%), from €1,400 to €3,967
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.
Derived cash bridge
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 | €439,643 | €422,563 | -€17,080 | -3.9% |
| Fixed assets | 21/28 | €30,266 | €26,871 | -€3,395 | -11.2% |
| Tangible fixed assets | 22/27 | €28,016 | €24,621 | -€3,395 | -12.1% |
| Plant, machinery and equipment | 23 | €24,315 | €21,820 | -€2,495 | -10.3% |
| Furniture and vehicles | 24 | €3,701 | €2,801 | -€900 | -24.3% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €409,377 | €395,692 | -€13,685 | -3.3% |
| Amounts receivable within one year | 40/41 | €348,026 | €373,661 | +€25,635 | +7.4% |
| Trade receivables | 40 | €340,555 | €357,389 | +€16,834 | +4.9% |
| Other amounts receivable | 41 | €7,471 | €16,272 | +€8,801 | +118% |
| Cash at bank and in hand | 54/58 | €59,164 | €13,615 | -€45,549 | -77.0% |
| Deferred charges and accrued income | 490/1 | €2,187 | €8,416 | +€6,229 | +285% |
| Total equity and liabilities | 10/49 | €439,643 | €422,563 | -€17,080 | -3.9% |
| Equity | 10/15 | €15,650 | €26,669 | +€11,019 | +70.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €5,650 | €16,669 | +€11,019 | +195% |
| Distributable reserves | 133 | €5,650 | €16,669 | +€11,019 | +195% |
| Amounts payable | 17/49 | €423,993 | €395,894 | -€28,099 | -6.6% |
| Amounts payable within one year | 42/48 | €408,488 | €385,994 | -€22,494 | -5.5% |
| Trade debts | 44 | €395,925 | €370,882 | -€25,043 | -6.3% |
| Suppliers | 440/4 | €395,925 | €370,882 | -€25,043 | -6.3% |
| Taxes, remuneration and social security | 45 | €12,563 | €15,112 | +€2,549 | +20.3% |
| Taxes | 450/3 | €1,400 | €3,967 | +€2,566 | +183% |
| Remuneration and social security | 454/9 | €11,162 | €11,145 | -€17 | -0.2% |
| Accrued charges and deferred income | 492/3 | €15,505 | €9,900 | -€5,605 | -36.1% |
| Remuneration, social security and pensions | 62 | €86,836 | €68,241 | -€18,595 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,433 | €3,395 | +€1,962 | +137% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,034 | €80,463 | +€76,429 | +1,895% |
| Other operating charges | 640/8 | €1,250 | €9,819 | +€8,568 | +685% |
| Gross operating margin | 9900 | €102,413 | €178,378 | +€75,965 | +74.2% |
| Operating profit (loss) | 9901 | €8,860 | €16,461 | +€7,600 | +85.8% |
| Financial income | 75/76B | €0 | €238 | +€238 | +594,875% |
| Recurring financial income | 75 | €0 | €238 | +€238 | +594,875% |
| Financial charges | 65/66B | €1,810 | €1,713 | -€96 | -5.3% |
| Recurring financial charges | 65 | €1,810 | €1,713 | -€96 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €7,051 | €14,985 | +€7,934 | +113% |
| Income taxes | 67/77 | €1,400 | €3,967 | +€2,566 | +183% |
| Profit (loss) for the period | 9904 | €5,650 | €11,019 | +€5,368 | +95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,650 | €11,019 | +€5,368 | +95.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.