NOVALONIX: 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.
NOVALONIX
Largest movements
- Cash +€6,653
up €6,653 (+5.8%), from €114,815 to €121,468
mainly Net result for the year (+€7,630) and Receivables within one year (+€5,788)
- Receivables within one year -€5,788
down €5,788 (-22.5%), from €25,716 to €19,928
of which Trade receivables: -€11,684
- Other debts -€2,110
down €2,110 (-8.9%), from €23,592 to €21,482
- Gross operating margin -€24,329
down €24,329 (-56.0%), from €43,449 to €19,120
- Taxes -€6,510
down €6,510 (-62.9%), from €10,347 to €3,837
- Depreciation -€4,557
down €4,557 (-61.7%), from €7,384 to €2,826
- Financial charges +€3,638
up €3,638 (+7,009%), from €52 to €3,689
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 | €171,815 | €174,876 | +€3,061 | +1.8% |
| Fixed assets | 21/28 | €30,267 | €31,524 | +€1,257 | +4.2% |
| Tangible fixed assets | 22/27 | €5,267 | €6,524 | +€1,257 | +23.9% |
| Plant, machinery and equipment | 23 | €93 | €0 | -€93 | -100% |
| Furniture and vehicles | 24 | €1,795 | €107 | -€1,688 | -94.0% |
| Other tangible fixed assets | 26 | €3,379 | €6,417 | +€3,038 | +89.9% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €141,548 | €143,352 | +€1,804 | +1.3% |
| Amounts receivable within one year | 40/41 | €25,716 | €19,928 | -€5,788 | -22.5% |
| Trade receivables | 40 | €25,410 | €13,726 | -€11,684 | -46.0% |
| Other amounts receivable | 41 | €306 | €6,202 | +€5,896 | +1,928% |
| Cash at bank and in hand | 54/58 | €114,815 | €121,468 | +€6,653 | +5.8% |
| Deferred charges and accrued income | 490/1 | €1,017 | €1,956 | +€939 | +92.3% |
| Total equity and liabilities | 10/49 | €171,815 | €174,876 | +€3,061 | +1.8% |
| Equity | 10/15 | €141,351 | €141,759 | +€408 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €135,151 | €135,559 | +€408 | +0.3% |
| Tax-exempt reserves | 132 | €4,741 | €4,741 | = | 0.0% |
| Distributable reserves | 133 | €130,410 | €130,818 | +€408 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €30,464 | €33,117 | +€2,653 | +8.7% |
| Amounts payable within one year | 42/48 | €30,464 | €31,521 | +€1,057 | +3.5% |
| Trade debts | 44 | €454 | €1,956 | +€1,502 | +331% |
| Suppliers | 440/4 | €454 | €1,956 | +€1,502 | +331% |
| Taxes, remuneration and social security | 45 | €6,418 | €8,083 | +€1,665 | +25.9% |
| Taxes | 450/3 | €6,418 | €8,083 | +€1,665 | +25.9% |
| Other amounts payable | 47/48 | €23,592 | €21,482 | -€2,110 | -8.9% |
| Accrued charges and deferred income | 492/3 | €0 | €1,596 | +€1,596 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,384 | €2,826 | -€4,557 | -61.7% |
| Other operating charges | 640/8 | €1,521 | €1,138 | -€383 | -25.2% |
| Gross operating margin | 9900 | €43,449 | €19,120 | -€24,329 | -56.0% |
| Operating profit (loss) | 9901 | €34,545 | €15,156 | -€19,389 | -56.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €52 | €3,689 | +€3,638 | +7,009% |
| Recurring financial charges | 65 | €52 | €3,689 | +€3,638 | +7,009% |
| Profit (loss) for the period before taxes | 9903 | €34,493 | €11,467 | -€23,026 | -66.8% |
| Income taxes | 67/77 | €10,347 | €3,837 | -€6,510 | -62.9% |
| Profit (loss) for the period | 9904 | €24,146 | €7,630 | -€16,516 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,146 | €7,630 | -€16,516 | -68.4% |
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 17 October 2026 via checked.be.