NOVALUX: 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.
NOVALUX
Largest movements
- Receivables within one year +€8,850
up €8,850 (+569%), from €1,555 to €10,405
of which Trade receivables: +€9,587
- Cash -€2,459
down €2,459 (-98.0%), from €2,509 to €50
mainly Receivables within one year (-€8,850) and Other debts (-€1,850)
- Tangible fixed assets -€281
down €281 (-100%), from €281 to €0
- Profit (loss) carried forward +€7,592
up €7,592 (+69.9%), from -€10,869 to -€3,277
- Other debts -€1,850
down €1,850 (-14.6%), from €12,690 to €10,840
- Trade debts +€637
new in 2025: €637
- Advances received -€500
no longer reported in 2025 (was €500)
- Gross operating margin +€6,209
up €6,209 (+361%), from €1,718 to €7,927
- Other operating charges -€695
no longer reported in 2025 (was €695)
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 | €20,921 | €26,801 | +€5,879 | +28.1% |
| Fixed assets | 21/28 | €281 | €0 | -€281 | -100% |
| Tangible fixed assets | 22/27 | €281 | €0 | -€281 | -100% |
| Furniture and vehicles | 24 | €281 | €0 | -€281 | -100% |
| Current assets | 29/58 | €20,640 | €26,801 | +€6,160 | +29.8% |
| Stocks and contracts in progress | 3 | €16,346 | €16,346 | = | 0.0% |
| Stocks | 30/36 | €16,346 | €16,346 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,555 | €10,405 | +€8,850 | +569% |
| Trade receivables | 40 | €413 | €10,000 | +€9,587 | +2,320% |
| Other amounts receivable | 41 | €1,142 | €405 | -€737 | -64.6% |
| Cash at bank and in hand | 54/58 | €2,509 | €50 | -€2,459 | -98.0% |
| Deferred charges and accrued income | 490/1 | €230 | - | -€230 | |
| Total equity and liabilities | 10/49 | €20,921 | €26,801 | +€5,879 | +28.1% |
| Equity | 10/15 | €7,731 | €15,323 | +€7,592 | +98.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,869 | -€3,277 | +€7,592 | +69.9% |
| Amounts payable | 17/49 | €13,190 | €11,477 | -€1,713 | -13.0% |
| Amounts payable within one year | 42/48 | €13,190 | €11,477 | -€1,713 | -13.0% |
| Trade debts | 44 | - | €637 | +€637 | |
| Suppliers | 440/4 | - | €637 | +€637 | |
| Advances received on contracts in progress | 46 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €12,690 | €10,840 | -€1,850 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €281 | €281 | +€0 | 0.0% |
| Other operating charges | 640/8 | €695 | - | -€695 | |
| Gross operating margin | 9900 | €1,718 | €7,927 | +€6,209 | +361% |
| Operating profit (loss) | 9901 | €742 | €7,646 | +€6,904 | +930% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €59 | €54 | -€5 | -8.8% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €683 | €7,592 | +€6,909 | +1,012% |
| Profit (loss) for the period | 9904 | €683 | €7,592 | +€6,909 | +1,012% |
| Profit (loss) for the period to be appropriated | 9905 | €683 | €7,592 | +€6,909 | +1,012% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.