Novastruct Belgium: 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.
Novastruct Belgium
Largest movements
- Receivables within one year +€146,219
up €146,219 (+72.3%), from €202,319 to €348,538
- Cash +€17,803
new in 2025: €17,803
mainly Other debts (+€143,332) and Net result for the year (+€48,023)
- Other debts +€143,332
up €143,332, from €0 to €143,332
- Profit (loss) carried forward +€48,023
up €48,023 (+51.6%), from €93,044 to €141,068
- Tax, wage and social debts -€21,686
down €21,686 (-21.0%), from €103,044 to €81,358
of which Remuneration and social security: -€24,614
- Trade debts -€5,648
down €5,648 (-50.3%), from €11,231 to €5,583
- Staff costs -€50,482
down €50,482 (-10.7%), from €472,890 to €422,408
- Gross operating margin -€29,584
down €29,584 (-5.7%), from €516,165 to €486,581
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 | €208,319 | €372,341 | +€164,021 | +78.7% |
| Fixed assets | 21/28 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €202,319 | €366,341 | +€164,021 | +81.1% |
| Amounts receivable within one year | 40/41 | €202,319 | €348,538 | +€146,219 | +72.3% |
| Other amounts receivable | 41 | €202,319 | €348,538 | +€146,219 | +72.3% |
| Cash at bank and in hand | 54/58 | - | €17,803 | +€17,803 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €208,319 | €372,341 | +€164,021 | +78.7% |
| Equity | 10/15 | €94,044 | €142,068 | +€48,023 | +51.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,044 | €141,068 | +€48,023 | +51.6% |
| Amounts payable | 17/49 | €114,275 | €230,273 | +€115,998 | +102% |
| Amounts payable within one year | 42/48 | €114,275 | €230,273 | +€115,998 | +102% |
| Trade debts | 44 | €11,231 | €5,583 | -€5,648 | -50.3% |
| Suppliers | 440/4 | €11,231 | €5,583 | -€5,648 | -50.3% |
| Taxes, remuneration and social security | 45 | €103,044 | €81,358 | -€21,686 | -21.0% |
| Taxes | 450/3 | €23,306 | €26,234 | +€2,928 | +12.6% |
| Remuneration and social security | 454/9 | €79,738 | €55,124 | -€24,614 | -30.9% |
| Other amounts payable | 47/48 | €0 | €143,332 | +€143,332 | |
| Remuneration, social security and pensions | 62 | €472,890 | €422,408 | -€50,482 | -10.7% |
| Gross operating margin | 9900 | €516,165 | €486,581 | -€29,584 | -5.7% |
| Operating profit (loss) | 9901 | €43,275 | €64,173 | +€20,898 | +48.3% |
| Financial income | 75/76B | €104 | €566 | +€463 | +446% |
| Recurring financial income | 75 | €104 | €566 | +€463 | +446% |
| Financial charges | 65/66B | €1,142 | €0 | -€1,142 | -100% |
| Recurring financial charges | 65 | €1,142 | €0 | -€1,142 | -100% |
| Profit (loss) for the period before taxes | 9903 | €42,238 | €64,739 | +€22,502 | +53.3% |
| Income taxes | 67/77 | €12,835 | €16,716 | +€3,881 | +30.2% |
| Profit (loss) for the period | 9904 | €29,403 | €48,023 | +€18,621 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,403 | €48,023 | +€18,621 | +63.3% |
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 31 October 2026 via checked.be.