Novi: 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.
Novi
Largest movements
- Current investments -€207,151
down €207,151 (-5.1%), from €4.0m to €3.8m
- Cash +€202,616
up €202,616 (+42.2%), from €479,725 to €682,342
mainly Current investments (+€207,151) and Net result for the year (+€10,713)
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€186,573
up €186,573 (+174.8%), from €106,711 to €293,285
- Financial charges +€61,011
up €61,011, from -€43,775 to €17,236
- Taxes +€23,729
up €23,729 (+165.4%), from €14,345 to €38,074
- Gross operating margin -€13,748
down €13,748 (-6.4%), from -€213,514 to -€227,262
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 | €4,530,242 | €4,527,209 | -€3,033 | -0.1% |
| Current assets | 29/58 | €4,530,242 | €4,527,209 | -€3,033 | -0.1% |
| Amounts receivable within one year | 40/41 | - | €1,385 | +€1,385 | |
| Other amounts receivable | 41 | - | €1,385 | +€1,385 | |
| Current investments | 50/53 | €4,047,027 | €3,839,876 | -€207,151 | -5.1% |
| Cash at bank and in hand | 54/58 | €479,725 | €682,342 | +€202,616 | +42.2% |
| Deferred charges and accrued income | 490/1 | €3,490 | €3,606 | +€116 | +3.3% |
| Total equity and liabilities | 10/49 | €4,530,242 | €4,527,209 | -€3,033 | -0.1% |
| Equity | 10/15 | €4,516,496 | €4,527,209 | +€10,713 | +0.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,515,496 | €4,526,209 | +€10,713 | +0.2% |
| Amounts payable | 17/49 | €13,746 | €0 | -€13,746 | -100.0% |
| Amounts payable within one year | 42/48 | €13,746 | €0 | -€13,746 | -100.0% |
| Trade debts | 44 | €13,746 | €0 | -€13,746 | -100.0% |
| Suppliers | 440/4 | €13,746 | €0 | -€13,746 | -100.0% |
| Gross operating margin | 9900 | -€213,514 | -€227,262 | -€13,748 | -6.4% |
| Operating profit (loss) | 9901 | -€213,514 | -€227,262 | -€13,748 | -6.4% |
| Financial income | 75/76B | €106,711 | €293,285 | +€186,573 | +174.8% |
| Recurring financial income | 75 | €106,711 | €293,285 | +€186,573 | +174.8% |
| Financial charges | 65/66B | -€43,775 | €17,236 | +€61,011 | |
| Recurring financial charges | 65 | -€43,775 | €17,236 | +€61,011 | |
| Profit (loss) for the period before taxes | 9903 | -€63,028 | €48,787 | +€111,815 | |
| Income taxes | 67/77 | €14,345 | €38,074 | +€23,729 | +165.4% |
| Profit (loss) for the period | 9904 | -€77,373 | €10,713 | +€88,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,373 | €10,713 | +€88,086 |
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 7 October 2026 via checked.be.