Novellab: 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.
Novellab
Largest movements
- Receivables within one year -€15,709
down €15,709 (-27.8%), from €56,457 to €40,749
of which Trade receivables: -€18,059
- Cash -€6,266
down €6,266 (-8.2%), from €75,961 to €69,695
mainly Net result for the year (-€20,898) and Tax, wage and social debts (-€9,393)
- Deferred charges and accrued income -€2,968
down €2,968 (-83.8%), from €3,542 to €573
- Profit (loss) carried forward -€20,898
down €20,898, from €0 to -€20,898
- Tax, wage and social debts -€9,393
down €9,393 (-53.5%), from €17,550 to €8,157
of which Taxes: -€9,393
- Other debts +€4,403
up €4,403 (+45.7%), from €9,625 to €14,028
- Gross operating margin -€28,755
down €28,755, from €10,109 to -€18,646
- Taxes -€2,088
down €2,088 (-93.3%), from €2,238 to €150
- Financial income +€754
up €754 (+7,543,300%), from €0 to €754
- Depreciation -€197
down €197 (-8.2%), from €2,397 to €2,200
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 | €139,542 | €113,419 | -€26,123 | -18.7% |
| Fixed assets | 21/28 | €3,582 | €2,402 | -€1,180 | -32.9% |
| Tangible fixed assets | 22/27 | €3,582 | €2,402 | -€1,180 | -32.9% |
| Plant, machinery and equipment | 23 | €1,556 | €955 | -€601 | -38.7% |
| Furniture and vehicles | 24 | €2,026 | €1,447 | -€578 | -28.5% |
| Current assets | 29/58 | €135,960 | €111,017 | -€24,943 | -18.3% |
| Amounts receivable within one year | 40/41 | €56,457 | €40,749 | -€15,709 | -27.8% |
| Trade receivables | 40 | €56,196 | €38,137 | -€18,059 | -32.1% |
| Other amounts receivable | 41 | €262 | €2,612 | +€2,350 | +898% |
| Cash at bank and in hand | 54/58 | €75,961 | €69,695 | -€6,266 | -8.2% |
| Deferred charges and accrued income | 490/1 | €3,542 | €573 | -€2,968 | -83.8% |
| Total equity and liabilities | 10/49 | €139,542 | €113,419 | -€26,123 | -18.7% |
| Equity | 10/15 | €112,122 | €91,224 | -€20,898 | -18.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,922 | €105,922 | = | 0.0% |
| Distributable reserves | 133 | €105,922 | €105,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€20,898 | -€20,898 | |
| Amounts payable | 17/49 | €27,420 | €22,195 | -€5,225 | -19.1% |
| Amounts payable within one year | 42/48 | €27,420 | €22,195 | -€5,225 | -19.1% |
| Trade debts | 44 | €245 | €11 | -€234 | -95.6% |
| Suppliers | 440/4 | €245 | €11 | -€234 | -95.6% |
| Taxes, remuneration and social security | 45 | €17,550 | €8,157 | -€9,393 | -53.5% |
| Taxes | 450/3 | €17,550 | €8,157 | -€9,393 | -53.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,625 | €14,028 | +€4,403 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,397 | €2,200 | -€197 | -8.2% |
| Other operating charges | 640/8 | €550 | €565 | +€16 | +2.8% |
| Gross operating margin | 9900 | €10,109 | -€18,646 | -€28,755 | |
| Operating profit (loss) | 9901 | €7,163 | -€21,411 | -€28,574 | |
| Financial income | 75/76B | €0 | €754 | +€754 | +7,543,300% |
| Recurring financial income | 75 | €0 | €754 | +€754 | +7,543,300% |
| Financial charges | 65/66B | €136 | €91 | -€45 | -32.8% |
| Recurring financial charges | 65 | €136 | €91 | -€45 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €7,027 | -€20,748 | -€27,775 | |
| Income taxes | 67/77 | €2,238 | €150 | -€2,088 | -93.3% |
| Profit (loss) for the period | 9904 | €4,789 | -€20,898 | -€25,687 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,789 | -€20,898 | -€25,687 |
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 24 October 2026 via checked.be.