NOVALLIA: what changed
What changed
NOVALLIA
NACE 66.199, Other activities auxiliary to financial services, excluding insurance and pension funding
filed annual accounts (NBB)
Net result for the year
€4.4m
2024 · €2.7m+€1.8m
Equity
€228.5m
2024 · €224.1m+€4.4m
Cash
€65.5m
2024 · €37.5m+€28.0m
Balance sheet total
€228.7m
2024 · €224.2m+€4.5m
Largest movements
Assets
- Cash +€28.0m
up €28.0m (+74.8%), from €37.5m to €65.5m
mainly Investment in fixed assets (net) (+€18.9m) and Current investments (+€4.8m)
- Financial fixed assets -€18.9m
down €18.9m (-15.0%), from €126.0m to €107.2m
- Current investments -€4.8m
down €4.8m (-8.2%), from €58.6m to €53.8m
Equity and liabilities
- Profit (loss) carried forward +€4.4m
up €4.4m (+41.8%), from -€10.6m to -€6.2m
Income statement
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.7m
Staff costs
+€5,797
Depreciation
-€436
Other operating charges
-€18,251
Other operating items
-€42,199
Financial income
+€298,934
Financial charges
+€1.5m
Taxes
+€56,424
Result 2025
€4.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4.3m
Investment
+€23.7m
Financing
€0
Cash 2024
€37.5m
From operations (derived)
+€4.3m
Net result for the year
+€4.4m
Depreciation
+€512
Receivables within one year
-€210,582
Deferred charges and accrued income
+€53,107
Smaller working-capital items
+€63,182
Investment (derived)
+€23.7m
Investment in fixed assets (net)
+€18.9m
Current investments
+€4.8m
Cash 2025
€65.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,164,227 | €228,658,915 | +€4.5m | +2.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €126,046,601 | €107,190,699 | -€18.9m | -15.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | - | €1,148 | +€1,148 | |
| Furniture and vehicles | 24 | - | €1,148 | +€1,148 | |
| Financial fixed assets | 28 | €126,046,601 | €107,189,551 | -€18.9m | -15.0% |
| Other financial fixed assets | 284/8 | €126,046,601 | €107,189,551 | -€18.9m | -15.0% |
| Amounts receivable and cash guarantees | 285/8 | €126,046,601 | €107,189,551 | -€18.9m | -15.0% |
| Current assets | 29/58 | €98,117,625 | €121,468,215 | +€23.4m | +23.8% |
| Amounts receivable within one year | 40/41 | €857,408 | €1,067,990 | +€210,582 | +24.6% |
| Other amounts receivable | 41 | €857,408 | €1,067,990 | +€210,582 | +24.6% |
| Current investments | 50/53 | €58,648,832 | €53,812,389 | -€4.8m | -8.2% |
| Other investments | 51/53 | €58,648,832 | €53,812,389 | -€4.8m | -8.2% |
| Cash at bank and in hand | 54/58 | €37,450,743 | €65,480,302 | +€28.0m | +74.8% |
| Deferred charges and accrued income | 490/1 | €1,160,642 | €1,107,535 | -€53,107 | -4.6% |
| Total equity and liabilities | 10/49 | €224,164,227 | €228,658,915 | +€4.5m | +2.0% |
| Equity | 10/15 | €224,100,420 | €228,531,925 | +€4.4m | +2.0% |
| Contributions | 10/11 | €234,569,738 | €234,569,738 | = | 0.0% |
| Capital | 10 | €234,569,738 | €234,569,738 | = | 0.0% |
| Issued capital | 100 | €239,681,073 | €239,681,073 | = | 0.0% |
| Uncalled capital | 101 | €5,111,335 | €5,111,335 | = | 0.0% |
| Reserves | 13 | €120,612 | €120,612 | = | 0.0% |
| Non-distributable reserves | 130/1 | €120,612 | €120,612 | = | 0.0% |
| Legal reserve | 130 | €120,612 | €120,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,589,931 | -€6,158,426 | +€4.4m | +41.8% |
| Amounts payable | 17/49 | €63,807 | €126,989 | +€63,182 | +99.0% |
| Amounts payable within one year | 42/48 | €63,807 | €126,989 | +€63,182 | +99.0% |
| Trade debts | 44 | €28,874 | €75,272 | +€46,398 | +161% |
| Suppliers | 440/4 | €28,874 | €75,272 | +€46,398 | +161% |
| Taxes, remuneration and social security | 45 | €29,082 | €29,204 | +€122 | +0.4% |
| Taxes | 450/3 | €5,865 | €6,161 | +€297 | +5.1% |
| Remuneration and social security | 454/9 | €23,217 | €23,042 | -€175 | -0.8% |
| Other amounts payable | 47/48 | €5,851 | €22,514 | +€16,662 | +285% |
| Operating income | 70/76A | €346 | €1,128 | +€782 | +226% |
| Other operating income | 74 | €346 | €1,128 | +€782 | +226% |
| Operating charges | 60/66A | €246,301 | €302,171 | +€55,870 | +22.7% |
| Services and other goods | 61 | €52,565 | €95,258 | +€42,693 | +81.2% |
| Remuneration, social security and pensions | 62 | €171,734 | €165,937 | -€5,797 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76 | €512 | +€436 | +573% |
| Other operating charges | 640/8 | €21,925 | €40,176 | +€18,251 | +83.2% |
| Non-recurring operating charges | 66A | - | €288 | +€288 | |
| Operating profit (loss) | 9901 | -€245,955 | -€301,043 | -€55,089 | -22.4% |
| Financial income | 75/76B | €6,770,705 | €7,069,639 | +€298,934 | +4.4% |
| Recurring financial income | 75 | €6,286,407 | €5,380,766 | -€905,642 | -14.4% |
| Income from financial fixed assets | 750 | €3,886,813 | €3,736,768 | -€150,044 | -3.9% |
| Income from current assets | 751 | €2,399,594 | €1,643,997 | -€755,597 | -31.5% |
| Non-recurring financial income | 76B | €484,298 | €1,688,873 | +€1.2m | +249% |
| Financial charges | 65/66B | €3,663,917 | €2,186,791 | -€1.5m | -40.3% |
| Recurring financial charges | 65 | €57,641 | €94,044 | +€36,403 | +63.2% |
| Debt charges | 650 | €1,293 | €1,194 | -€99 | -7.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €40,405 | €78,687 | +€38,281 | +94.7% |
| Other financial charges | 652/9 | €15,942 | €14,163 | -€1,779 | -11.2% |
| Non-recurring financial charges | 66B | €3,606,276 | €2,092,747 | -€1.5m | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €2,860,833 | €4,581,805 | +€1.7m | +60.2% |
| Income taxes | 67/77 | €206,723 | €150,299 | -€56,424 | -27.3% |
| Taxes | 670/3 | €206,723 | €150,299 | -€56,424 | -27.3% |
| Profit (loss) for the period | 9904 | €2,654,110 | €4,431,506 | +€1.8m | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,654,110 | €4,431,506 | +€1.8m | +67.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.