NOVALPA: 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.
NOVALPA
Largest movements
- Receivables within one year +€17,197
up €17,197 (+90.8%), from €18,930 to €36,127
of which Other amounts receivable: +€8,962
- Cash -€2,722
down €2,722 (-100%), from €2,722 to €0
mainly Contributions, distributions and other (-€17,201) and Receivables within one year (-€17,197)
- Tangible fixed assets -€1,186
down €1,186 (-12.1%), from €9,802 to €8,615
- Other debts +€15,900
new in 2024: €15,900
- Tax, wage and social debts +€5,203
up €5,203 (+62.5%), from €8,318 to €13,520
of which Taxes: +€5,203
- Profit (loss) carried forward -€4,054
down €4,054 (-100%), from €4,054 to €0
- Current portion of long-term debt -€3,021
down €3,021 (-66.5%), from €4,544 to €1,523
- Debts after one year -€1,523
down €1,523 (-100%), from €1,523 to €0
- Gross operating margin +€25,150
up €25,150, from -€2,079 to €23,071
- Taxes +€5,693
up €5,693 (+2,575%), from €221 to €5,914
- Financial income +€435
up €435 (+44.5%), from €979 to €1,414
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 | €31,918 | €45,083 | +€13,164 | +41.2% |
| Fixed assets | 21/28 | €9,802 | €8,615 | -€1,186 | -12.1% |
| Tangible fixed assets | 22/27 | €9,802 | €8,615 | -€1,186 | -12.1% |
| Furniture and vehicles | 24 | €9,802 | €8,615 | -€1,186 | -12.1% |
| Current assets | 29/58 | €22,117 | €36,467 | +€14,351 | +64.9% |
| Amounts receivable within one year | 40/41 | €18,930 | €36,127 | +€17,197 | +90.8% |
| Trade receivables | 40 | €0 | €8,234 | +€8,234 | |
| Other amounts receivable | 41 | €18,930 | €27,893 | +€8,962 | +47.3% |
| Cash at bank and in hand | 54/58 | €2,722 | €0 | -€2,722 | -100% |
| Deferred charges and accrued income | 490/1 | €464 | €340 | -€124 | -26.6% |
| Total equity and liabilities | 10/49 | €31,918 | €45,083 | +€13,164 | +41.2% |
| Equity | 10/15 | €7,354 | €3,300 | -€4,054 | -55.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,054 | €0 | -€4,054 | -100% |
| Amounts payable | 17/49 | €24,564 | €41,783 | +€17,218 | +70.1% |
| Amounts payable after more than one year | 17 | €1,523 | €0 | -€1,523 | -100% |
| Financial debts | 170/4 | €1,523 | €0 | -€1,523 | -100% |
| Amounts payable within one year | 42/48 | €22,442 | €41,780 | +€19,339 | +86.2% |
| Current portion of amounts payable after more than one year | 42 | €4,544 | €1,523 | -€3,021 | -66.5% |
| Trade debts | 44 | €9,580 | €10,837 | +€1,257 | +13.1% |
| Suppliers | 440/4 | €9,580 | €10,837 | +€1,257 | +13.1% |
| Taxes, remuneration and social security | 45 | €8,318 | €13,520 | +€5,203 | +62.5% |
| Taxes | 450/3 | €8,318 | €13,520 | +€5,203 | +62.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | - | €15,900 | +€15,900 | |
| Accrued charges and deferred income | 492/3 | €600 | €2 | -€598 | -99.6% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,871 | €4,782 | -€89 | -1.8% |
| Other operating charges | 640/8 | €383 | €456 | +€73 | +19.1% |
| Gross operating margin | 9900 | -€2,079 | €23,071 | +€25,150 | |
| Operating profit (loss) | 9901 | -€7,333 | €17,834 | +€25,166 | |
| Financial income | 75/76B | €979 | €1,414 | +€435 | +44.5% |
| Recurring financial income | 75 | €979 | €1,414 | +€435 | +44.5% |
| Financial charges | 65/66B | €221 | €187 | -€35 | -15.7% |
| Recurring financial charges | 65 | €221 | €187 | -€35 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,575 | €19,061 | +€25,636 | |
| Income taxes | 67/77 | €221 | €5,914 | +€5,693 | +2,575% |
| Profit (loss) for the period | 9904 | -€6,796 | €13,147 | +€19,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,796 | €13,147 | +€19,944 |
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 25 October 2026 via checked.be.