NOVATRIA: 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.
NOVATRIA
Largest movements
- Cash -€9,938
down €9,938 (-97.0%), from €10,244 to €307
mainly Net result for the year (-€10,646) and Tax, wage and social debts (-€8,309)
- Receivables within one year -€8,598
down €8,598 (-97.0%), from €8,863 to €265
of which Trade receivables: -€6,822
- Financial fixed assets -€1,993
down €1,993 (-90.7%), from €2,198 to €205
- Profit (loss) carried forward -€10,646
down €10,646, from €561 to -€10,085
- Tax, wage and social debts -€8,309
down €8,309 (-98.1%), from €8,466 to €157
- Trade debts -€4,596
down €4,596 (-92.3%), from €4,977 to €381
- Other debts +€2,914
up €2,914 (+80.9%), from €3,601 to €6,515
- Gross operating margin -€11,260
down €11,260, from €882 to -€10,378
- Other operating charges +€194
new in 2025: €194
- Taxes -€157
no longer reported in 2025 (was €157)
- Financial charges -€105
down €105 (-58.4%), from €179 to €75
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 | €21,605 | €986 | -€20,620 | -95.4% |
| Fixed assets | 21/28 | €2,198 | €205 | -€1,993 | -90.7% |
| Financial fixed assets | 28 | €2,198 | €205 | -€1,993 | -90.7% |
| Current assets | 29/58 | €19,407 | €781 | -€18,626 | -96.0% |
| Amounts receivable within one year | 40/41 | €8,863 | €265 | -€8,598 | -97.0% |
| Trade receivables | 40 | €6,822 | - | -€6,822 | |
| Other amounts receivable | 41 | €2,041 | €265 | -€1,777 | -87.0% |
| Cash at bank and in hand | 54/58 | €10,244 | €307 | -€9,938 | -97.0% |
| Deferred charges and accrued income | 490/1 | €300 | €210 | -€90 | -30.1% |
| Total equity and liabilities | 10/49 | €21,605 | €986 | -€20,620 | -95.4% |
| Equity | 10/15 | €4,561 | -€6,085 | -€10,646 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €561 | -€10,085 | -€10,646 | |
| Amounts payable | 17/49 | €17,044 | €7,071 | -€9,973 | -58.5% |
| Amounts payable within one year | 42/48 | €17,044 | €7,053 | -€9,991 | -58.6% |
| Trade debts | 44 | €4,977 | €381 | -€4,596 | -92.3% |
| Suppliers | 440/4 | €4,977 | €381 | -€4,596 | -92.3% |
| Taxes, remuneration and social security | 45 | €8,466 | €157 | -€8,309 | -98.1% |
| Taxes | 450/3 | €8,466 | €157 | -€8,309 | -98.1% |
| Other amounts payable | 47/48 | €3,601 | €6,515 | +€2,914 | +80.9% |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Other operating charges | 640/8 | - | €194 | +€194 | |
| Gross operating margin | 9900 | €882 | -€10,378 | -€11,260 | |
| Operating profit (loss) | 9901 | €882 | -€10,572 | -€11,454 | |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €179 | €75 | -€105 | -58.4% |
| Recurring financial charges | 65 | €179 | €75 | -€105 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €718 | -€10,646 | -€11,365 | |
| Income taxes | 67/77 | €157 | - | -€157 | |
| Profit (loss) for the period | 9904 | €561 | -€10,646 | -€11,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €561 | -€10,646 | -€11,208 |
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.