NOVAGROUND: 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.
NOVAGROUND
Largest movements
- Cash -€1,151
down €1,151 (-3.6%), from €31,646 to €30,495
mainly Net result for the year (-€1,632)
- Receivables within one year -€417
no longer reported in 2025 (was €417)
- Profit (loss) carried forward -€1,632
down €1,632 (-15.3%), from -€10,666 to -€12,298
- Gross operating margin +€2,824
up €2,824 (+72.4%), from -€3,902 to -€1,079
- Depreciation -€1,752
no longer reported in 2025 (was €1,752)
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 | €32,063 | €30,495 | -€1,568 | -4.9% |
| Current assets | 29/58 | €32,063 | €30,495 | -€1,568 | -4.9% |
| Amounts receivable within one year | 40/41 | €417 | - | -€417 | |
| Other amounts receivable | 41 | €417 | - | -€417 | |
| Cash at bank and in hand | 54/58 | €31,646 | €30,495 | -€1,151 | -3.6% |
| Total equity and liabilities | 10/49 | €32,063 | €30,495 | -€1,568 | -4.9% |
| Equity | 10/15 | €19,334 | €17,702 | -€1,632 | -8.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,666 | -€12,298 | -€1,632 | -15.3% |
| Amounts payable | 17/49 | €12,729 | €12,793 | +€64 | +0.5% |
| Amounts payable within one year | 42/48 | €12,729 | €12,793 | +€64 | +0.5% |
| Other amounts payable | 47/48 | €12,729 | €12,793 | +€64 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,752 | - | -€1,752 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€3,902 | -€1,079 | +€2,824 | +72.4% |
| Operating profit (loss) | 9901 | -€6,042 | -€1,478 | +€4,563 | +75.5% |
| Financial charges | 65/66B | €153 | €153 | = | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,195 | -€1,632 | +€4,563 | +73.7% |
| Profit (loss) for the period | 9904 | -€6,195 | -€1,632 | +€4,563 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,195 | -€1,632 | +€4,563 | +73.7% |
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 16 October 2026 via checked.be.