NOVHIRE: 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.
NOVHIRE
Largest movements
- Cash -€26,801
down €26,801 (-63.7%), from €42,068 to €15,267
mainly Net result for the year (-€20,074) and Tax, wage and social debts (-€9,970)
- Deferred charges and accrued income -€5,206
down €5,206 (-75.8%), from €6,864 to €1,658
- Tangible fixed assets +€1,118
new in 2025: €1,118
- Intangible fixed assets +€987
new in 2025: €987
- Profit (loss) carried forward -€23,124
no longer reported in 2025 (was €23,124)
- Tax, wage and social debts -€9,970
down €9,970 (-70.5%), from €14,138 to €4,169
- Other debts +€3,125
up €3,125 (+347,188%), from €1 to €3,126
- Trade debts -€1,615
down €1,615 (-79.5%), from €2,033 to €417
- Reserves +€1,331
new in 2025: €1,331
- Gross operating margin -€56,210
down €56,210, from €39,822 to -€16,388
- Taxes -€9,335
down €9,335 (-97.0%), from €9,624 to €288
- Financial charges -€2,340
down €2,340 (-42.6%), from €5,493 to €3,153
- Depreciation -€1,254
down €1,254 (-83.7%), from €1,499 to €245
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 | €49,295 | €19,043 | -€30,252 | -61.4% |
| Fixed assets | 21/28 | - | €2,105 | +€2,105 | |
| Intangible fixed assets | 21 | - | €987 | +€987 | |
| Tangible fixed assets | 22/27 | - | €1,118 | +€1,118 | |
| Furniture and vehicles | 24 | - | €1,118 | +€1,118 | |
| Current assets | 29/58 | €49,295 | €16,938 | -€32,357 | -65.6% |
| Amounts receivable within one year | 40/41 | €363 | €13 | -€350 | -96.5% |
| Trade receivables | 40 | €363 | - | -€363 | |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €42,068 | €15,267 | -€26,801 | -63.7% |
| Deferred charges and accrued income | 490/1 | €6,864 | €1,658 | -€5,206 | -75.8% |
| Total equity and liabilities | 10/49 | €49,295 | €19,043 | -€30,252 | -61.4% |
| Equity | 10/15 | €33,124 | €11,331 | -€21,792 | -65.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €1,331 | +€1,331 | |
| Distributable reserves | 133 | - | €1,331 | +€1,331 | |
| Profit (loss) carried forward | 14 | €23,124 | - | -€23,124 | |
| Amounts payable | 17/49 | €16,172 | €7,712 | -€8,460 | -52.3% |
| Amounts payable within one year | 42/48 | €16,172 | €7,712 | -€8,460 | -52.3% |
| Trade debts | 44 | €2,033 | €417 | -€1,615 | -79.5% |
| Suppliers | 440/4 | €2,033 | €417 | -€1,615 | -79.5% |
| Taxes, remuneration and social security | 45 | €14,138 | €4,169 | -€9,970 | -70.5% |
| Taxes | 450/3 | €14,138 | €4,169 | -€9,970 | -70.5% |
| Other amounts payable | 47/48 | €1 | €3,126 | +€3,125 | +347,188% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,499 | €245 | -€1,254 | -83.7% |
| Other operating charges | 640/8 | €83 | - | -€83 | |
| Gross operating margin | 9900 | €39,822 | -€16,388 | -€56,210 | |
| Operating profit (loss) | 9901 | €38,240 | -€16,633 | -€54,873 | |
| Financial charges | 65/66B | €5,493 | €3,153 | -€2,340 | -42.6% |
| Recurring financial charges | 65 | €5,493 | €3,153 | -€2,340 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €32,747 | -€19,786 | -€52,533 | |
| Income taxes | 67/77 | €9,624 | €288 | -€9,335 | -97.0% |
| Profit (loss) for the period | 9904 | €23,124 | -€20,074 | -€43,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,124 | -€20,074 | -€43,198 |
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 30 October 2026 via checked.be.