NOVENTUS: 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.
NOVENTUS
Largest movements
- Receivables within one year +€10,832
up €10,832 (+409.9%), from €2,643 to €13,475
of which Trade receivables: +€11,158
- Cash -€9,849
down €9,849 (-94.7%), from €10,400 to €550
mainly Trade debts (-€11,536) and Receivables within one year (-€10,832)
- Deferred charges and accrued income -€3,166
down €3,166 (-46.3%), from €6,831 to €3,666
- Tangible fixed assets -€1,636
down €1,636 (-18.4%), from €8,900 to €7,264
of which Furniture and vehicles: -€1,505
- Other debts +€16,297
up €16,297 (+42.0%), from €38,792 to €55,089
- Trade debts -€11,536
down €11,536 (-83.9%), from €13,756 to €2,220
- Tax, wage and social debts -€4,131
down €4,131 (-17.9%), from €23,064 to €18,933
of which Taxes: -€6,173
- Profit (loss) carried forward -€4,055
down €4,055 (-6.2%), from -€65,837 to -€69,892
- Short-term financial debts -€394
down €394 (-87.9%), from €448 to €54
- Gross operating margin +€32,019
up €32,019, from -€30,929 to €1,090
- Financial charges -€1,027
down €1,027 (-36.7%), from €2,800 to €1,773
- Other operating charges -€622
down €622 (-34.9%), from €1,781 to €1,160
- Taxes +€616
up €616, from -€35 to €581
- Depreciation -€357
down €357 (-17.9%), from €1,992 to €1,636
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.
Cash bridge derived
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 | €28,774 | €24,955 | -€3,819 | -13.3% |
| Fixed assets | 21/28 | €8,900 | €7,264 | -€1,636 | -18.4% |
| Tangible fixed assets | 22/27 | €8,900 | €7,264 | -€1,636 | -18.4% |
| Plant, machinery and equipment | 23 | €637 | €506 | -€131 | -20.5% |
| Furniture and vehicles | 24 | €8,263 | €6,758 | -€1,505 | -18.2% |
| Current assets | 29/58 | €19,874 | €17,690 | -€2,183 | -11.0% |
| Amounts receivable within one year | 40/41 | €2,643 | €13,475 | +€10,832 | +409.9% |
| Trade receivables | 40 | €1,721 | €12,879 | +€11,158 | +648.5% |
| Other amounts receivable | 41 | €922 | €596 | -€326 | -35.4% |
| Cash at bank and in hand | 54/58 | €10,400 | €550 | -€9,849 | -94.7% |
| Deferred charges and accrued income | 490/1 | €6,831 | €3,666 | -€3,166 | -46.3% |
| Total equity and liabilities | 10/49 | €28,774 | €24,955 | -€3,819 | -13.3% |
| Equity | 10/15 | -€47,287 | -€51,342 | -€4,055 | -8.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,837 | -€69,892 | -€4,055 | -6.2% |
| Amounts payable | 17/49 | €76,061 | €76,297 | +€236 | +0.3% |
| Amounts payable within one year | 42/48 | €76,061 | €76,297 | +€236 | +0.3% |
| Financial debts | 43 | €448 | €54 | -€394 | -87.9% |
| Credit institutions | 430/8 | €448 | €54 | -€394 | -87.9% |
| Trade debts | 44 | €13,756 | €2,220 | -€11,536 | -83.9% |
| Suppliers | 440/4 | €13,756 | €2,220 | -€11,536 | -83.9% |
| Taxes, remuneration and social security | 45 | €23,064 | €18,933 | -€4,131 | -17.9% |
| Taxes | 450/3 | €6,473 | €300 | -€6,173 | -95.4% |
| Remuneration and social security | 454/9 | €16,591 | €18,633 | +€2,042 | +12.3% |
| Other amounts payable | 47/48 | €38,792 | €55,089 | +€16,297 | +42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,992 | €1,636 | -€357 | -17.9% |
| Other operating charges | 640/8 | €1,781 | €1,160 | -€622 | -34.9% |
| Gross operating margin | 9900 | -€30,929 | €1,090 | +€32,019 | |
| Operating profit (loss) | 9901 | -€34,703 | -€1,705 | +€32,997 | +95.1% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €2,800 | €1,773 | -€1,027 | -36.7% |
| Recurring financial charges | 65 | €2,800 | €1,773 | -€1,027 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,503 | -€3,474 | +€34,029 | +90.7% |
| Income taxes | 67/77 | -€35 | €581 | +€616 | |
| Profit (loss) for the period | 9904 | -€37,468 | -€4,055 | +€33,413 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,468 | -€4,055 | +€33,413 | +89.2% |
Source: filed annual accounts (NBB), fiscal years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.