NOVAPEINT: 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.
NOVAPEINT
Largest movements
- Tangible fixed assets +€95,519
up €95,519 (+3.6%), from €2.7m to €2.7m
of which Land and buildings: +€127,636
- Debts after one year +€45,546
up €45,546 (+2.0%), from €2.2m to €2.3m
of which Other amounts payable: +€52,446
- Trade debts -€34,625
down €34,625 (-67.3%), from €51,458 to €16,833
- Reserves +€31,111
up €31,111 (+27.9%), from €111,701 to €142,811
of which Distributable reserves: +€31,111
- Other operating charges +€32,382
up €32,382 (+101.5%), from €31,907 to €64,290
- Gross operating margin +€32,269
up €32,269 (+10.8%), from €299,310 to €331,579
- Depreciation +€14,865
up €14,865 (+13.2%), from €112,836 to €127,701
- Financial charges -€7,192
down €7,192 (-6.8%), from €105,300 to €98,108
- Taxes +€6,049
up €6,049 (+140.0%), from €4,321 to €10,370
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 | €2,700,334 | €2,809,364 | +€109,030 | +4.0% |
| Fixed assets | 21/28 | €2,651,702 | €2,747,221 | +€95,519 | +3.6% |
| Tangible fixed assets | 22/27 | €2,651,702 | €2,747,221 | +€95,519 | +3.6% |
| Land and buildings | 22 | €2,598,629 | €2,726,265 | +€127,636 | +4.9% |
| Plant, machinery and equipment | 23 | €8,445 | €20,955 | +€12,511 | +148.2% |
| Furniture and vehicles | 24 | €44,628 | €0 | -€44,628 | -100.0% |
| Current assets | 29/58 | €48,633 | €62,143 | +€13,511 | +27.8% |
| Amounts receivable within one year | 40/41 | €41,296 | €52,712 | +€11,416 | +27.6% |
| Trade receivables | 40 | €41,296 | €38,665 | -€2,631 | -6.4% |
| Other amounts receivable | 41 | €0 | €14,047 | +€14,047 | |
| Cash at bank and in hand | 54/58 | €1,069 | €7,641 | +€6,572 | +615.1% |
| Deferred charges and accrued income | 490/1 | €6,268 | €1,790 | -€4,478 | -71.4% |
| Total equity and liabilities | 10/49 | €2,700,334 | €2,809,364 | +€109,030 | +4.0% |
| Equity | 10/15 | €173,201 | €204,311 | +€31,111 | +18.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €111,701 | €142,811 | +€31,111 | +27.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,780 | €18,780 | = | 0.0% |
| Distributable reserves | 133 | €86,771 | €117,882 | +€31,111 | +35.9% |
| Amounts payable | 17/49 | €2,527,133 | €2,605,052 | +€77,919 | +3.1% |
| Amounts payable after more than one year | 17 | €2,230,395 | €2,275,941 | +€45,546 | +2.0% |
| Financial debts | 170/4 | €2,206,962 | €2,200,062 | -€6,900 | -0.3% |
| Other amounts payable | 178/9 | €23,433 | €75,880 | +€52,446 | +223.8% |
| Amounts payable within one year | 42/48 | €275,308 | €293,586 | +€18,278 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €189,636 | €216,171 | +€26,536 | +14.0% |
| Financial debts | 43 | €0 | €11,734 | +€11,734 | |
| Credit institutions | 430/8 | €0 | €11,734 | +€11,734 | |
| Trade debts | 44 | €51,458 | €16,833 | -€34,625 | -67.3% |
| Suppliers | 440/4 | €51,458 | €16,833 | -€34,625 | -67.3% |
| Taxes, remuneration and social security | 45 | €4,321 | €2,321 | -€2,000 | -46.3% |
| Taxes | 450/3 | €4,321 | €2,321 | -€2,000 | -46.3% |
| Other amounts payable | 47/48 | €29,893 | €46,527 | +€16,634 | +55.6% |
| Accrued charges and deferred income | 492/3 | €21,430 | €35,525 | +€14,095 | +65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,836 | €127,701 | +€14,865 | +13.2% |
| Other operating charges | 640/8 | €31,907 | €64,290 | +€32,382 | +101.5% |
| Gross operating margin | 9900 | €299,310 | €331,579 | +€32,269 | +10.8% |
| Operating profit (loss) | 9901 | €154,566 | €139,588 | -€14,978 | -9.7% |
| Financial income | 75/76B | €197 | €0 | -€197 | -100.0% |
| Recurring financial income | 75 | €197 | €0 | -€197 | -100.0% |
| Financial charges | 65/66B | €105,300 | €98,108 | -€7,192 | -6.8% |
| Recurring financial charges | 65 | €105,300 | €98,108 | -€7,192 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €49,464 | €41,481 | -€7,983 | -16.1% |
| Income taxes | 67/77 | €4,321 | €10,370 | +€6,049 | +140.0% |
| Profit (loss) for the period | 9904 | €45,143 | €31,111 | -€14,032 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,143 | €31,111 | -€14,032 | -31.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.