Noverik: 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.
Noverik
Largest movements
- Receivables within one year +€21,829
up €21,829 (+52.6%), from €41,464 to €63,293
of which Other amounts receivable: +€22,215
- Cash +€3,664
up €3,664 (+24165.8%), from €15 to €3,679
mainly Net result for the year (+€12,339) and Tax, wage and social debts (+€5,050)
- Tangible fixed assets -€1,642
down €1,642 (-35.9%), from €4,567 to €2,925
- Reserves +€11,527
up €11,527 (+52.5%), from €21,940 to €33,467
of which Distributable reserves: +€13,401
- Tax, wage and social debts +€5,050
up €5,050 (+116.4%), from €4,340 to €9,390
- Trade debts +€4,093
up €4,093 (+222.6%), from €1,839 to €5,932
- Other debts +€2,368
new in 2025: €2,368
- Profit (loss) carried forward +€813
no longer reported in 2025 (was -€813)
- Taxes +€5,447
up €5,447 (+276.3%), from €1,971 to €7,418
- Gross operating margin -€5,091
down €5,091 (-18.7%), from €27,207 to €22,116
- Other operating charges +€1,024
up €1,024 (+186.1%), from €550 to €1,574
- Financial charges +€1,013
up €1,013 (+290.2%), from €349 to €1,363
- Financial income +€851
up €851 (+62.1%), from €1,370 to €2,221
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 | €46,047 | €69,898 | +€23,851 | +51.8% |
| Fixed assets | 21/28 | €4,567 | €2,925 | -€1,642 | -35.9% |
| Tangible fixed assets | 22/27 | €4,567 | €2,925 | -€1,642 | -35.9% |
| Land and buildings | 22 | €1,952 | €1,501 | -€450 | -23.1% |
| Plant, machinery and equipment | 23 | €1,723 | €1,135 | -€588 | -34.1% |
| Furniture and vehicles | 24 | €893 | €289 | -€604 | -67.6% |
| Current assets | 29/58 | €41,479 | €66,972 | +€25,493 | +61.5% |
| Amounts receivable within one year | 40/41 | €41,464 | €63,293 | +€21,829 | +52.6% |
| Trade receivables | 40 | €6,944 | €6,558 | -€386 | -5.6% |
| Other amounts receivable | 41 | €34,520 | €56,735 | +€22,215 | +64.4% |
| Cash at bank and in hand | 54/58 | €15 | €3,679 | +€3,664 | +24165.8% |
| Total equity and liabilities | 10/49 | €46,047 | €69,898 | +€23,851 | +51.8% |
| Equity | 10/15 | €39,868 | €52,208 | +€12,339 | +31.0% |
| Contributions | 10/11 | €18,741 | €18,741 | = | 0.0% |
| Reserves | 13 | €21,940 | €33,467 | +€11,527 | +52.5% |
| Non-distributable reserves | 130/1 | €1,874 | - | -€1,874 | |
| Reserves not available under the articles | 1311 | €1,874 | - | -€1,874 | |
| Distributable reserves | 133 | €20,066 | €33,467 | +€13,401 | +66.8% |
| Profit (loss) carried forward | 14 | -€813 | - | +€813 | |
| Amounts payable | 17/49 | €6,178 | €17,690 | +€11,511 | +186.3% |
| Amounts payable within one year | 42/48 | €6,178 | €17,690 | +€11,511 | +186.3% |
| Trade debts | 44 | €1,839 | €5,932 | +€4,093 | +222.6% |
| Suppliers | 440/4 | €1,839 | €5,932 | +€4,093 | +222.6% |
| Taxes, remuneration and social security | 45 | €4,340 | €9,390 | +€5,050 | +116.4% |
| Taxes | 450/3 | €4,340 | €9,390 | +€5,050 | +116.4% |
| Other amounts payable | 47/48 | - | €2,368 | +€2,368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,963 | €1,642 | -€321 | -16.3% |
| Other operating charges | 640/8 | €550 | €1,574 | +€1,024 | +186.1% |
| Gross operating margin | 9900 | €27,207 | €22,116 | -€5,091 | -18.7% |
| Operating profit (loss) | 9901 | €24,694 | €18,900 | -€5,794 | -23.5% |
| Financial income | 75/76B | €1,370 | €2,221 | +€851 | +62.1% |
| Recurring financial income | 75 | €1,370 | €2,221 | +€851 | +62.1% |
| Financial charges | 65/66B | €349 | €1,363 | +€1,013 | +290.2% |
| Recurring financial charges | 65 | €349 | €1,363 | +€1,013 | +290.2% |
| Profit (loss) for the period before taxes | 9903 | €25,714 | €19,758 | -€5,956 | -23.2% |
| Income taxes | 67/77 | €1,971 | €7,418 | +€5,447 | +276.3% |
| Profit (loss) for the period | 9904 | €23,743 | €12,339 | -€11,403 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,743 | €12,339 | -€11,403 | -48.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.