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 +€22,190
up €22,190 (+1222.1%), from €1,816 to €24,006
mainly Net result for the year (+€28,996) and Receivables within one year (+€10,384)
- Receivables within one year -€10,384
down €10,384 (-32.2%), from €32,288 to €21,905
of which Trade receivables: -€14,993
- Tangible fixed assets -€8,179
down €8,179 (-20.8%), from €39,330 to €31,151
of which Leasing and similar rights: -€7,954
- Deferred charges and accrued income -€1,701
down €1,701 (-73.9%), from €2,302 to €601
- Profit (loss) carried forward +€28,996
up €28,996, from -€19,635 to €9,361
- Other debts -€21,020
down €21,020 (-89.8%), from €23,420 to €2,400
- Trade debts -€5,585
down €5,585 (-43.9%), from €12,716 to €7,131
- Debts after one year -€4,886
down €4,886 (-17.5%), from €27,957 to €23,071
- Accrued charges and deferred income +€2,453
new in 2025: €2,453
- Gross operating margin +€17,625
up €17,625 (+39.1%), from €45,022 to €62,647
- Staff costs -€13,407
down €13,407 (-40.7%), from €32,935 to €19,528
- Write-downs +€3,025
new in 2025: €3,025
- Financial income +€2,654
up €2,654 (+101.8%), from €2,606 to €5,260
of which Non-recurring financial income: +€2,685
- Taxes +€2,596
up €2,596 (+329.2%), from €789 to €3,384
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 | €75,736 | €77,663 | +€1,927 | +2.5% |
| Fixed assets | 21/28 | €39,330 | €31,151 | -€8,179 | -20.8% |
| Tangible fixed assets | 22/27 | €39,330 | €31,151 | -€8,179 | -20.8% |
| Furniture and vehicles | 24 | €225 | - | -€225 | |
| Leasing and similar rights | 25 | €39,105 | €31,151 | -€7,954 | -20.3% |
| Current assets | 29/58 | €36,406 | €46,511 | +€10,105 | +27.8% |
| Amounts receivable within one year | 40/41 | €32,288 | €21,905 | -€10,384 | -32.2% |
| Trade receivables | 40 | €20,683 | €5,690 | -€14,993 | -72.5% |
| Other amounts receivable | 41 | €11,605 | €16,215 | +€4,609 | +39.7% |
| Cash at bank and in hand | 54/58 | €1,816 | €24,006 | +€22,190 | +1222.1% |
| Deferred charges and accrued income | 490/1 | €2,302 | €601 | -€1,701 | -73.9% |
| Total equity and liabilities | 10/49 | €75,736 | €77,663 | +€1,927 | +2.5% |
| Equity | 10/15 | €365 | €29,361 | +€28,996 | +7938.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,635 | €9,361 | +€28,996 | |
| Amounts payable | 17/49 | €75,371 | €48,302 | -€27,069 | -35.9% |
| Amounts payable after more than one year | 17 | €27,957 | €23,071 | -€4,886 | -17.5% |
| Financial debts | 170/4 | €27,957 | €23,071 | -€4,886 | -17.5% |
| Amounts payable within one year | 42/48 | €47,413 | €22,777 | -€24,636 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €4,457 | €4,886 | +€429 | +9.6% |
| Financial debts | 43 | - | €222 | +€222 | |
| Credit institutions | 430/8 | - | €222 | +€222 | |
| Trade debts | 44 | €12,716 | €7,131 | -€5,585 | -43.9% |
| Suppliers | 440/4 | €12,716 | €7,131 | -€5,585 | -43.9% |
| Taxes, remuneration and social security | 45 | €6,820 | €8,138 | +€1,318 | +19.3% |
| Taxes | 450/3 | €5,739 | €7,477 | +€1,739 | +30.3% |
| Remuneration and social security | 454/9 | €1,082 | €661 | -€421 | -38.9% |
| Other amounts payable | 47/48 | €23,420 | €2,400 | -€21,020 | -89.8% |
| Accrued charges and deferred income | 492/3 | - | €2,453 | +€2,453 | |
| Non-recurring operating income | 76A | €10,167 | €667 | -€9,499 | -93.4% |
| Remuneration, social security and pensions | 62 | €32,935 | €19,528 | -€13,407 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,042 | €8,179 | -€863 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,025 | +€3,025 | |
| Other operating charges | 640/8 | €1,049 | €864 | -€185 | -17.7% |
| Gross operating margin | 9900 | €45,022 | €62,647 | +€17,625 | +39.1% |
| Operating profit (loss) | 9901 | €1,996 | €31,051 | +€29,055 | +1455.7% |
| Financial income | 75/76B | €2,606 | €5,260 | +€2,654 | +101.8% |
| Recurring financial income | 75 | €41 | €10 | -€31 | -76.5% |
| Non-recurring financial income | 76B | €2,566 | €5,251 | +€2,685 | +104.7% |
| Financial charges | 65/66B | €1,717 | €3,932 | +€2,215 | +129.1% |
| Recurring financial charges | 65 | €131 | €3,272 | +€3,142 | +2403.6% |
| Non-recurring financial charges | 66B | €1,586 | €660 | -€926 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €2,886 | €32,380 | +€29,494 | +1022.0% |
| Income taxes | 67/77 | €789 | €3,384 | +€2,596 | +329.2% |
| Profit (loss) for the period | 9904 | €2,097 | €28,996 | +€26,898 | +1282.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,097 | €28,996 | +€26,898 | +1282.5% |
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 9 October 2026 via checked.be.