NOVANTIS: 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.
NOVANTIS
Largest movements
- Cash -€154,529
down €154,529 (-95.2%), from €162,297 to €7,769
mainly Contributions, distributions and other (-€175,000) and Tax, wage and social debts (-€13,323)
- Receivables within one year +€3,443
up €3,443 (+10.8%), from €31,964 to €35,407
of which Other amounts receivable: +€6,363
- Tangible fixed assets +€3,022
up €3,022 (+68.1%), from €4,437 to €7,459
of which Furniture and vehicles: +€3,295
- Profit (loss) carried forward -€132,519
down €132,519 (-83.1%), from €159,478 to €26,959
- Tax, wage and social debts -€13,323
down €13,323 (-47.5%), from €28,045 to €14,722
- Trade debts -€2,126
down €2,126 (-42.2%), from €5,042 to €2,916
- Taxes -€873
down €873 (-6.2%), from €14,061 to €13,188
- Gross operating margin -€715
down €715 (-1.2%), from €58,834 to €58,119
- Depreciation +€695
up €695 (+144.4%), from €481 to €1,176
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.
Cash bridge derived
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 | €199,669 | €52,269 | -€147,400 | -73.8% |
| Fixed assets | 21/28 | €4,737 | €7,759 | +€3,022 | +63.8% |
| Tangible fixed assets | 22/27 | €4,437 | €7,459 | +€3,022 | +68.1% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,997 | €5,292 | +€3,295 | +165.0% |
| Other tangible fixed assets | 26 | €2,440 | €2,167 | -€273 | -11.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €194,932 | €44,510 | -€150,422 | -77.2% |
| Amounts receivable within one year | 40/41 | €31,964 | €35,407 | +€3,443 | +10.8% |
| Trade receivables | 40 | €30,211 | €27,290 | -€2,920 | -9.7% |
| Other amounts receivable | 41 | €1,754 | €8,117 | +€6,363 | +362.8% |
| Cash at bank and in hand | 54/58 | €162,297 | €7,769 | -€154,529 | -95.2% |
| Deferred charges and accrued income | 490/1 | €671 | €1,334 | +€663 | +98.9% |
| Total equity and liabilities | 10/49 | €199,669 | €52,269 | -€147,400 | -73.8% |
| Equity | 10/15 | €166,478 | €33,959 | -€132,519 | -79.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,478 | €26,959 | -€132,519 | -83.1% |
| Amounts payable | 17/49 | €33,191 | €18,309 | -€14,881 | -44.8% |
| Amounts payable within one year | 42/48 | €33,137 | €18,309 | -€14,827 | -44.7% |
| Trade debts | 44 | €5,042 | €2,916 | -€2,126 | -42.2% |
| Suppliers | 440/4 | €5,042 | €2,916 | -€2,126 | -42.2% |
| Taxes, remuneration and social security | 45 | €28,045 | €14,722 | -€13,323 | -47.5% |
| Taxes | 450/3 | €28,045 | €14,722 | -€13,323 | -47.5% |
| Other amounts payable | 47/48 | €50 | €672 | +€622 | +1239.1% |
| Accrued charges and deferred income | 492/3 | €54 | €0 | -€54 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €481 | €1,176 | +€695 | +144.4% |
| Other operating charges | 640/8 | €843 | €1,063 | +€220 | +26.1% |
| Gross operating margin | 9900 | €58,834 | €58,119 | -€715 | -1.2% |
| Operating profit (loss) | 9901 | €57,510 | €55,880 | -€1,630 | -2.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €338 | €211 | -€128 | -37.7% |
| Recurring financial charges | 65 | €338 | €211 | -€128 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €57,171 | €55,669 | -€1,502 | -2.6% |
| Income taxes | 67/77 | €14,061 | €13,188 | -€873 | -6.2% |
| Profit (loss) for the period | 9904 | €43,110 | €42,481 | -€629 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,110 | €42,481 | -€629 | -1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.