NoVaRemo: 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.
NoVaRemo
Largest movements
- Tangible fixed assets +€36,993
new in 2025: €36,993
- Cash +€31,047
up €31,047 (+1415.6%), from €2,193 to €33,240
mainly Debts after one year (+€35,000) and Net result for the year (+€31,859)
- Deferred charges and accrued income -€3,475
down €3,475 (-90.3%), from €3,846 to €371
- Debts after one year +€35,000
new in 2025: €35,000
- Profit (loss) carried forward +€31,859
up €31,859 (+33584.9%), from €95 to €31,954
- Trade debts -€1,554
down €1,554 (-68.3%), from €2,275 to €721
- Gross operating margin +€44,753
up €44,753 (+9978.6%), from €448 to €45,202
- Taxes +€6,600
up €6,600 (+9354.5%), from €71 to €6,670
- Depreciation +€6,507
new in 2025: €6,507
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 | €7,234 | €71,831 | +€64,598 | +893.0% |
| Fixed assets | 21/28 | - | €36,993 | +€36,993 | |
| Tangible fixed assets | 22/27 | - | €36,993 | +€36,993 | |
| Furniture and vehicles | 24 | - | €36,993 | +€36,993 | |
| Current assets | 29/58 | €7,234 | €34,839 | +€27,605 | +381.6% |
| Amounts receivable within one year | 40/41 | €1,195 | €1,227 | +€33 | +2.7% |
| Trade receivables | 40 | €1,195 | - | -€1,195 | |
| Other amounts receivable | 41 | - | €1,227 | +€1,227 | |
| Cash at bank and in hand | 54/58 | €2,193 | €33,240 | +€31,047 | +1415.6% |
| Deferred charges and accrued income | 490/1 | €3,846 | €371 | -€3,475 | -90.3% |
| Total equity and liabilities | 10/49 | €7,234 | €71,831 | +€64,598 | +893.0% |
| Equity | 10/15 | €3,095 | €34,954 | +€31,859 | +1029.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95 | €31,954 | +€31,859 | +33584.9% |
| Amounts payable | 17/49 | €4,139 | €36,878 | +€32,739 | +791.0% |
| Amounts payable after more than one year | 17 | - | €35,000 | +€35,000 | |
| Financial debts | 170/4 | - | €35,000 | +€35,000 | |
| Amounts payable within one year | 42/48 | €4,139 | €1,878 | -€2,261 | -54.6% |
| Trade debts | 44 | €2,275 | €721 | -€1,554 | -68.3% |
| Suppliers | 440/4 | €2,275 | €721 | -€1,554 | -68.3% |
| Advances received on contracts in progress | 46 | €690 | €0 | -€690 | -100.0% |
| Taxes, remuneration and social security | 45 | €71 | €758 | +€688 | +974.8% |
| Taxes | 450/3 | €71 | €0 | -€71 | -100.0% |
| Remuneration and social security | 454/9 | - | €758 | +€758 | |
| Other amounts payable | 47/48 | €1,103 | €399 | -€705 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,507 | +€6,507 | |
| Other operating charges | 640/8 | €272 | €119 | -€153 | -56.2% |
| Gross operating margin | 9900 | €448 | €45,202 | +€44,753 | +9978.6% |
| Operating profit (loss) | 9901 | €177 | €38,575 | +€38,399 | +21743.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €11 | €47 | +€35 | +314.0% |
| Recurring financial charges | 65 | €11 | €47 | +€35 | +314.0% |
| Profit (loss) for the period before taxes | 9903 | €165 | €38,529 | +€38,363 | +23192.9% |
| Income taxes | 67/77 | €71 | €6,670 | +€6,600 | +9354.5% |
| Profit (loss) for the period | 9904 | €95 | €31,859 | +€31,764 | +33484.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95 | €31,859 | +€31,764 | +33484.9% |
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 2 October 2026 via checked.be.