NOVALA: 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.
NOVALA
Largest movements
- Current assets +€542
up €542 (+69.2%), from €783 to €1,325
of which Receivables within one year: +€363
- Tangible fixed assets -€64
down €64 (-8.3%), from €775 to €711
- Debts +€11,274
up €11,274 (+42.2%), from €26,697 to €37,971
- Profit (loss) carried forward -€10,796
down €10,796 (-42.9%), from -€25,141 to -€35,937
- Gross operating margin +€4,045
up €4,045 (+60.4%), from -€6,693 to -€2,648
- Depreciation -€971
down €971 (-62.6%), from €1,551 to €580
- Taxes -€161
no longer reported in 2017 (was €161)
From the 2015 result to the 2017 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2015 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,559 | €2,037 | +€478 | +30.7% |
| Fixed assets | 21/28 | €775 | €711 | -€64 | -8.3% |
| Tangible fixed assets | 22/27 | €775 | €711 | -€64 | -8.3% |
| Current assets | 29/58 | €783 | €1,325 | +€542 | +69.2% |
| Amounts receivable within one year | 40/41 | €113 | €476 | +€363 | +320% |
| Cash at bank and in hand | 54/58 | €14 | €254 | +€241 | +1,766% |
| Total equity and liabilities | 10/49 | €1,559 | €2,037 | +€478 | +30.7% |
| Equity | 10/15 | -€25,139 | -€35,935 | -€10,796 | -42.9% |
| Contributions | 10/11 | €2 | €2 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,141 | -€35,937 | -€10,796 | -42.9% |
| Amounts payable | 17/49 | €26,697 | €37,971 | +€11,274 | +42.2% |
| Amounts payable within one year | 42/48 | €26,568 | €37,918 | +€11,350 | +42.7% |
| Trade debts | 44 | €775 | €379 | -€396 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,551 | €580 | -€971 | -62.6% |
| Gross operating margin | 9900 | -€6,693 | -€2,648 | +€4,045 | +60.4% |
| Operating profit (loss) | 9901 | -€9,192 | -€3,897 | +€5,295 | +57.6% |
| Recurring financial charges | 65 | €33 | €52 | +€19 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,224 | -€3,948 | +€5,276 | +57.2% |
| Income taxes | 67/77 | €161 | - | -€161 | |
| Profit (loss) for the period | 9904 | -€9,385 | -€3,948 | +€5,437 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,385 | -€3,948 | +€5,437 | +57.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.