NOVAH: 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.
NOVAH
Largest movements
- Tangible fixed assets +€3,604
new in 2023: €3,604
- Cash +€2,721
up €2,721 (+70.5%), from €3,861 to €6,582
mainly Net result for the year (+€4,208) and Trade debts (+€2,943)
- Receivables within one year -€458
down €458 (-3.4%), from €13,659 to €13,201
of which Other amounts receivable: -€458
- Profit (loss) carried forward +€4,208
up €4,208 (+49.6%), from €8,475 to €12,683
- Trade debts +€2,943
up €2,943 (+47.5%), from €6,196 to €9,139
- Tax, wage and social debts -€1,282
down €1,282 (-45.0%), from €2,848 to €1,566
- Purchases and services +€20,702
up €20,702 (+142%), from €14,572 to €35,274
- Turnover +€16,408
up €16,408 (+63.6%), from €25,792 to €42,200
- Gross operating margin -€4,294
down €4,294 (-38.3%), from €11,220 to €6,926
- Taxes -€1,282
down €1,282 (-45.0%), from €2,848 to €1,566
- Other operating charges +€947
new in 2023: €947
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,519 | €23,387 | +€5,868 | +33.5% |
| Fixed assets | 21/28 | - | €3,604 | +€3,604 | |
| Tangible fixed assets | 22/27 | - | €3,604 | +€3,604 | |
| Furniture and vehicles | 24 | - | €3,604 | +€3,604 | |
| Current assets | 29/58 | €17,519 | €19,783 | +€2,263 | +12.9% |
| Amounts receivable within one year | 40/41 | €13,659 | €13,201 | -€458 | -3.4% |
| Trade receivables | 40 | €2,294 | €2,294 | = | 0.0% |
| Other amounts receivable | 41 | €11,365 | €10,907 | -€458 | -4.0% |
| Cash at bank and in hand | 54/58 | €3,861 | €6,582 | +€2,721 | +70.5% |
| Total equity and liabilities | 10/49 | €17,519 | €23,387 | +€5,868 | +33.5% |
| Equity | 10/15 | €8,475 | €12,683 | +€4,208 | +49.6% |
| Profit (loss) carried forward | 14 | €8,475 | €12,683 | +€4,208 | +49.6% |
| Amounts payable | 17/49 | €9,044 | €10,704 | +€1,660 | +18.4% |
| Amounts payable within one year | 42/48 | €9,044 | €10,704 | +€1,660 | +18.4% |
| Trade debts | 44 | €6,196 | €9,139 | +€2,943 | +47.5% |
| Suppliers | 440/4 | €6,196 | €9,139 | +€2,943 | +47.5% |
| Taxes, remuneration and social security | 45 | €2,848 | €1,566 | -€1,282 | -45.0% |
| Taxes | 450/3 | €2,848 | €1,566 | -€1,282 | -45.0% |
| Turnover | 70 | €25,792 | €42,200 | +€16,408 | +63.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,572 | €35,274 | +€20,702 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €196 | +€196 | |
| Other operating charges | 640/8 | - | €947 | +€947 | |
| Gross operating margin | 9900 | €11,220 | €6,926 | -€4,294 | -38.3% |
| Operating profit (loss) | 9901 | €11,220 | €5,783 | -€5,437 | -48.5% |
| Financial income | 75/76B | €336 | - | -€336 | |
| Recurring financial income | 75 | €336 | - | -€336 | |
| Financial charges | 65/66B | €233 | €10 | -€223 | -95.6% |
| Recurring financial charges | 65 | €233 | €10 | -€223 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | €11,323 | €5,773 | -€5,550 | -49.0% |
| Income taxes | 67/77 | €2,848 | €1,566 | -€1,282 | -45.0% |
| Profit (loss) for the period | 9904 | €8,475 | €4,208 | -€4,268 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,475 | €4,208 | -€4,268 | -50.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.