NovaLink: 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.
NovaLink
Largest movements
- Intangible fixed assets -€5,807
down €5,807 (-41.5%), from €13,999 to €8,193
- Cash +€4,371
up €4,371 (+2,256%), from €194 to €4,565
mainly Depreciation (+€5,993) and Other debts (+€4,500)
- Profit (loss) carried forward -€7,200
down €7,200 (-76.1%), from €9,463 to €2,263
- Other debts +€4,500
new in 2024: €4,500
- Tax, wage and social debts +€1,636
up €1,636 (+183%), from €894 to €2,530
- Trade debts -€441
down €441 (-9.5%), from €4,623 to €4,182
- Gross operating margin -€8,821
down €8,821, from €7,735 to -€1,087
- Other operating charges -€1,207
down €1,207 (-75.7%), from €1,594 to €387
- Financial charges -€1,105
down €1,105 (-88.1%), from €1,254 to €149
- Financial income +€416
new in 2024: €416
- Depreciation -€261
down €261 (-4.2%), from €6,254 to €5,993
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 | €21,181 | €19,675 | -€1,505 | -7.1% |
| Fixed assets | 21/28 | €14,186 | €8,193 | -€5,993 | -42.2% |
| Intangible fixed assets | 21 | €13,999 | €8,193 | -€5,807 | -41.5% |
| Tangible fixed assets | 22/27 | €186 | - | -€186 | |
| Furniture and vehicles | 24 | €186 | - | -€186 | |
| Current assets | 29/58 | €6,995 | €11,482 | +€4,488 | +64.2% |
| Amounts receivable within one year | 40/41 | €6,801 | €6,918 | +€117 | +1.7% |
| Other amounts receivable | 41 | €6,801 | €6,918 | +€117 | +1.7% |
| Cash at bank and in hand | 54/58 | €194 | €4,565 | +€4,371 | +2,256% |
| Total equity and liabilities | 10/49 | €21,181 | €19,675 | -€1,505 | -7.1% |
| Equity | 10/15 | €15,663 | €8,463 | -€7,200 | -46.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,463 | €2,263 | -€7,200 | -76.1% |
| Amounts payable | 17/49 | €5,517 | €11,212 | +€5,695 | +103% |
| Amounts payable within one year | 42/48 | €5,517 | €11,212 | +€5,695 | +103% |
| Trade debts | 44 | €4,623 | €4,182 | -€441 | -9.5% |
| Suppliers | 440/4 | €4,623 | €4,182 | -€441 | -9.5% |
| Taxes, remuneration and social security | 45 | €894 | €2,530 | +€1,636 | +183% |
| Taxes | 450/3 | €894 | €2,530 | +€1,636 | +183% |
| Other amounts payable | 47/48 | - | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,254 | €5,993 | -€261 | -4.2% |
| Other operating charges | 640/8 | €1,594 | €387 | -€1,207 | -75.7% |
| Gross operating margin | 9900 | €7,735 | -€1,087 | -€8,821 | |
| Operating profit (loss) | 9901 | -€114 | -€7,467 | -€7,353 | -6,463% |
| Financial income | 75/76B | - | €416 | +€416 | |
| Recurring financial income | 75 | - | €416 | +€416 | |
| Financial charges | 65/66B | €1,254 | €149 | -€1,105 | -88.1% |
| Recurring financial charges | 65 | €1,254 | €149 | -€1,105 | -88.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,367 | -€7,200 | -€5,833 | -427% |
| Income taxes | 67/77 | €134 | - | -€134 | |
| Profit (loss) for the period | 9904 | -€1,501 | -€7,200 | -€5,699 | -380% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,501 | -€7,200 | -€5,699 | -380% |
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 17 October 2026 via checked.be.