NOVATIS: 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.
NOVATIS
Largest movements
- Receivables within one year +€83,677
up €83,677 (+1111.2%), from €7,530 to €91,207
of which Trade receivables: +€49,390
- Stocks and contracts +€10,000
up €10,000 (+23.5%), from €42,640 to €52,640
- Cash +€5,023
up €5,023 (+553.9%), from €907 to €5,929
mainly Advances received (+€68,772) and Net result for the year (+€32,993)
- Tangible fixed assets +€2,342
new in 2024: €2,342
- Advances received +€68,772
new in 2024: €68,772
- Trade debts -€37,435
down €37,435 (-96.7%), from €38,705 to €1,270
- Profit (loss) carried forward +€32,993
up €32,993 (+27.9%), from -€118,193 to -€85,200
- Accrued charges and deferred income +€32,408
new in 2024: €32,408
- Other debts +€4,702
up €4,702 (+46.3%), from €10,166 to €14,868
- Gross operating margin +€27,494
up €27,494 (+394.4%), from €6,972 to €34,466
- Financial income -€7,737
down €7,737 (-98.9%), from €7,822 to €85
- Depreciation +€1,171
new in 2024: €1,171
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,077 | €152,118 | +€101,041 | +197.8% |
| Fixed assets | 21/28 | - | €2,342 | +€2,342 | |
| Tangible fixed assets | 22/27 | - | €2,342 | +€2,342 | |
| Furniture and vehicles | 24 | - | €2,342 | +€2,342 | |
| Current assets | 29/58 | €51,077 | €149,777 | +€98,700 | +193.2% |
| Stocks and contracts in progress | 3 | €42,640 | €52,640 | +€10,000 | +23.5% |
| Stocks | 30/36 | €42,640 | €52,640 | +€10,000 | +23.5% |
| Amounts receivable within one year | 40/41 | €7,530 | €91,207 | +€83,677 | +1111.2% |
| Trade receivables | 40 | €7,500 | €56,890 | +€49,390 | +658.5% |
| Other amounts receivable | 41 | €30 | €34,317 | +€34,287 | +114290.2% |
| Cash at bank and in hand | 54/58 | €907 | €5,929 | +€5,023 | +553.9% |
| Total equity and liabilities | 10/49 | €51,077 | €152,118 | +€101,041 | +197.8% |
| Equity | 10/15 | €1,807 | €34,800 | +€32,993 | +1825.6% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,193 | -€85,200 | +€32,993 | +27.9% |
| Amounts payable | 17/49 | €49,270 | €117,318 | +€68,048 | +138.1% |
| Amounts payable within one year | 42/48 | €49,270 | €84,910 | +€35,640 | +72.3% |
| Trade debts | 44 | €38,705 | €1,270 | -€37,435 | -96.7% |
| Suppliers | 440/4 | €38,705 | €1,270 | -€37,435 | -96.7% |
| Advances received on contracts in progress | 46 | - | €68,772 | +€68,772 | |
| Taxes, remuneration and social security | 45 | €399 | - | -€399 | |
| Taxes | 450/3 | €399 | - | -€399 | |
| Other amounts payable | 47/48 | €10,166 | €14,868 | +€4,702 | +46.3% |
| Accrued charges and deferred income | 492/3 | - | €32,408 | +€32,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,171 | +€1,171 | |
| Other operating charges | 640/8 | €200 | €270 | +€70 | +35.2% |
| Gross operating margin | 9900 | €6,972 | €34,466 | +€27,494 | +394.4% |
| Operating profit (loss) | 9901 | €6,772 | €33,025 | +€26,253 | +387.7% |
| Financial income | 75/76B | €7,822 | €85 | -€7,737 | -98.9% |
| Recurring financial income | 75 | €7,822 | €85 | -€7,737 | -98.9% |
| Financial charges | 65/66B | €93 | €116 | +€23 | +24.5% |
| Recurring financial charges | 65 | €93 | €116 | +€23 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €14,501 | €32,993 | +€18,493 | +127.5% |
| Profit (loss) for the period | 9904 | €14,501 | €32,993 | +€18,493 | +127.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,501 | €32,993 | +€18,493 | +127.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.