Novamel: what changed
Two fiscal 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.
Novamel
Largest movements
- Receivables within one year -€12,461
down €12,461 (-83.8%), from €14,877 to €2,416
- Stocks and contracts -€11,090
down €11,090 (-87.0%), from €12,740 to €1,650
- Tangible fixed assets +€1,655
up €1,655 (+20.3%), from €8,140 to €9,795
of which Furniture and vehicles: +€2,281
- Cash -€1,629
down €1,629 (-20.9%), from €7,809 to €6,180
mainly Net result for the year (-€42,809) and Other debts (-€17,063)
- Deferred charges and accrued income -€1,015
down €1,015 (-68.1%), from €1,490 to €475
- Profit (loss) carried forward -€42,809
down €42,809 (-251.6%), from -€17,012 to -€59,821
- Trade debts +€18,608
up €18,608 (+220.3%), from €8,446 to €27,054
- Tax, wage and social debts +€18,537
up €18,537 (+71.9%), from €25,768 to €44,306
of which Remuneration and social security: +€13,273
- Other debts -€17,063
down €17,063 (-89.6%), from €19,037 to €1,974
- Accrued charges and deferred income -€1,817
no longer reported in 2024 (was €1,817)
- Gross operating margin -€27,400
down €27,400 (-45.2%), from €60,622 to €33,221
- Staff costs +€13,028
up €13,028 (+26.1%), from €49,903 to €62,931
- Taxes +€7,966
new in 2024: €7,966
- Depreciation +€763
up €763 (+33.9%), from €2,253 to €3,016
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.
Cash bridge derived
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 | €45,057 | €20,516 | -€24,541 | -54.5% |
| Fixed assets | 21/28 | €8,140 | €9,795 | +€1,655 | +20.3% |
| Tangible fixed assets | 22/27 | €8,140 | €9,795 | +€1,655 | +20.3% |
| Plant, machinery and equipment | 23 | €8,140 | €7,514 | -€626 | -7.7% |
| Furniture and vehicles | 24 | - | €2,281 | +€2,281 | |
| Current assets | 29/58 | €36,917 | €10,721 | -€26,196 | -71.0% |
| Stocks and contracts in progress | 3 | €12,740 | €1,650 | -€11,090 | -87.0% |
| Stocks | 30/36 | €12,740 | €1,650 | -€11,090 | -87.0% |
| Amounts receivable within one year | 40/41 | €14,877 | €2,416 | -€12,461 | -83.8% |
| Other amounts receivable | 41 | €14,877 | €2,416 | -€12,461 | -83.8% |
| Cash at bank and in hand | 54/58 | €7,809 | €6,180 | -€1,629 | -20.9% |
| Deferred charges and accrued income | 490/1 | €1,490 | €475 | -€1,015 | -68.1% |
| Total equity and liabilities | 10/49 | €45,057 | €20,516 | -€24,541 | -54.5% |
| Equity | 10/15 | -€10,012 | -€52,821 | -€42,809 | -427.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,012 | -€59,821 | -€42,809 | -251.6% |
| Amounts payable | 17/49 | €55,068 | €73,336 | +€18,268 | +33.2% |
| Amounts payable within one year | 42/48 | €53,251 | €73,336 | +€20,085 | +37.7% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €8,446 | €27,054 | +€18,608 | +220.3% |
| Suppliers | 440/4 | €8,446 | €27,054 | +€18,608 | +220.3% |
| Taxes, remuneration and social security | 45 | €25,768 | €44,306 | +€18,537 | +71.9% |
| Taxes | 450/3 | €7,634 | €12,899 | +€5,265 | +69.0% |
| Remuneration and social security | 454/9 | €18,135 | €31,407 | +€13,273 | +73.2% |
| Other amounts payable | 47/48 | €19,037 | €1,974 | -€17,063 | -89.6% |
| Accrued charges and deferred income | 492/3 | €1,817 | - | -€1,817 | |
| Remuneration, social security and pensions | 62 | €49,903 | €62,931 | +€13,028 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,253 | €3,016 | +€763 | +33.9% |
| Other operating charges | 640/8 | €284 | €323 | +€39 | +13.7% |
| Gross operating margin | 9900 | €60,622 | €33,221 | -€27,400 | -45.2% |
| Operating profit (loss) | 9901 | €8,182 | -€33,049 | -€41,230 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +1200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1200.0% |
| Financial charges | 65/66B | €1,679 | €1,795 | +€116 | +6.9% |
| Recurring financial charges | 65 | €1,679 | €1,795 | +€116 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €6,503 | -€34,843 | -€41,346 | |
| Income taxes | 67/77 | - | €7,966 | +€7,966 | |
| Profit (loss) for the period | 9904 | €6,503 | -€42,809 | -€49,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,503 | -€42,809 | -€49,312 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.