NOVASPARX: 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.
NOVASPARX
Largest movements
- Cash -€48,928
down €48,928 (-20.1%), from €243,389 to €194,460
mainly Tax, wage and social debts (-€47,908) and Net result for the year (-€2,336)
- Tax, wage and social debts -€47,908
down €47,908 (-88.0%), from €54,445 to €6,537
- Gross operating margin -€35,119
down €35,119, from €34,227 to -€891
- Taxes -€6,537
no longer reported in 2025 (was €6,537)
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.
Derived cash bridge
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 | €245,905 | €195,661 | -€50,245 | -20.4% |
| Fixed assets | 21/28 | €2,400 | €1,000 | -€1,400 | -58.3% |
| Tangible fixed assets | 22/27 | €1,400 | - | -€1,400 | |
| Furniture and vehicles | 24 | €1,400 | - | -€1,400 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €243,505 | €194,661 | -€48,844 | -20.1% |
| Amounts receivable within one year | 40/41 | €117 | €201 | +€84 | +71.9% |
| Other amounts receivable | 41 | €117 | €201 | +€84 | +71.9% |
| Cash at bank and in hand | 54/58 | €243,389 | €194,460 | -€48,928 | -20.1% |
| Total equity and liabilities | 10/49 | €245,905 | €195,661 | -€50,245 | -20.4% |
| Equity | 10/15 | €191,225 | €188,888 | -€2,336 | -1.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,225 | €186,888 | -€2,336 | -1.2% |
| Amounts payable | 17/49 | €54,681 | €6,773 | -€47,908 | -87.6% |
| Amounts payable within one year | 42/48 | €54,681 | €6,773 | -€47,908 | -87.6% |
| Taxes, remuneration and social security | 45 | €54,445 | €6,537 | -€47,908 | -88.0% |
| Taxes | 450/3 | €54,445 | €6,537 | -€47,908 | -88.0% |
| Other amounts payable | 47/48 | €236 | €236 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,561 | €1,400 | -€161 | -10.3% |
| Gross operating margin | 9900 | €34,227 | -€891 | -€35,119 | |
| Operating profit (loss) | 9901 | €32,667 | -€2,291 | -€34,958 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €46 | €45 | -€1 | -1.2% |
| Recurring financial charges | 65 | €46 | €45 | -€1 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €32,629 | -€2,336 | -€34,965 | |
| Income taxes | 67/77 | €6,537 | - | -€6,537 | |
| Profit (loss) for the period | 9904 | €26,092 | -€2,336 | -€28,429 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,092 | -€2,336 | -€28,429 |
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 15 October 2026 via checked.be.