NOVI-LUMA: 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.
NOVI-LUMA
Largest movements
- Tangible fixed assets -€15,020
down €15,020 (-29.7%), from €50,508 to €35,488
of which Leasing and similar rights: -€8,720
- Cash +€1,575
new in 2025: €1,575
mainly Depreciation (+€15,020) and Net result for the year (+€3,237)
- Receivables within one year +€1,533
up €1,533 (+2.1%), from €72,347 to €73,881
of which Trade receivables: +€3,099
- Debts after one year -€7,345
down €7,345 (-34.1%), from €21,514 to €14,169
- Other debts -€5,549
down €5,549 (-38.8%), from €14,308 to €8,758
- Reserves +€3,237
up €3,237 (+6.7%), from €48,417 to €51,653
- Trade debts -€1,285
down €1,285 (-27.0%), from €4,763 to €3,478
- Gross operating margin -€4,708
down €4,708 (-16.4%), from €28,669 to €23,961
- Financial charges -€1,209
down €1,209 (-44.8%), from €2,699 to €1,490
- Other operating charges -€366
down €366 (-14.7%), from €2,490 to €2,125
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 | €123,423 | €112,089 | -€11,334 | -9.2% |
| Fixed assets | 21/28 | €50,508 | €35,488 | -€15,020 | -29.7% |
| Tangible fixed assets | 22/27 | €50,508 | €35,488 | -€15,020 | -29.7% |
| Furniture and vehicles | 24 | €21,385 | €15,085 | -€6,300 | -29.5% |
| Leasing and similar rights | 25 | €29,122 | €20,402 | -€8,720 | -29.9% |
| Current assets | 29/58 | €72,915 | €76,601 | +€3,686 | +5.1% |
| Amounts receivable within one year | 40/41 | €72,347 | €73,881 | +€1,533 | +2.1% |
| Trade receivables | 40 | €25,200 | €28,299 | +€3,099 | +12.3% |
| Other amounts receivable | 41 | €47,147 | €45,582 | -€1,566 | -3.3% |
| Cash at bank and in hand | 54/58 | - | €1,575 | +€1,575 | |
| Deferred charges and accrued income | 490/1 | €568 | €1,145 | +€577 | +102% |
| Total equity and liabilities | 10/49 | €123,423 | €112,089 | -€11,334 | -9.2% |
| Equity | 10/15 | €53,917 | €57,153 | +€3,237 | +6.0% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €48,417 | €51,653 | +€3,237 | +6.7% |
| Distributable reserves | 133 | €48,417 | €51,653 | +€3,237 | +6.7% |
| Amounts payable | 17/49 | €69,507 | €54,936 | -€14,571 | -21.0% |
| Amounts payable after more than one year | 17 | €21,514 | €14,169 | -€7,345 | -34.1% |
| Financial debts | 170/4 | €21,514 | €14,169 | -€7,345 | -34.1% |
| Amounts payable within one year | 42/48 | €47,993 | €40,767 | -€7,226 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €6,978 | €7,345 | +€366 | +5.2% |
| Financial debts | 43 | €61 | - | -€61 | |
| Credit institutions | 430/8 | €61 | - | -€61 | |
| Trade debts | 44 | €4,763 | €3,478 | -€1,285 | -27.0% |
| Suppliers | 440/4 | €4,763 | €3,478 | -€1,285 | -27.0% |
| Taxes, remuneration and social security | 45 | €21,883 | €21,186 | -€697 | -3.2% |
| Taxes | 450/3 | €21,883 | €21,186 | -€697 | -3.2% |
| Other amounts payable | 47/48 | €14,308 | €8,758 | -€5,549 | -38.8% |
| Non-recurring operating income | 76A | €762 | - | -€762 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,020 | €15,020 | = | 0.0% |
| Other operating charges | 640/8 | €2,490 | €2,125 | -€366 | -14.7% |
| Non-recurring operating charges | 66A | €2,592 | - | -€2,592 | |
| Gross operating margin | 9900 | €28,669 | €23,961 | -€4,708 | -16.4% |
| Operating profit (loss) | 9901 | €8,567 | €6,816 | -€1,751 | -20.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,699 | €1,490 | -€1,209 | -44.8% |
| Recurring financial charges | 65 | €2,699 | €1,490 | -€1,209 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €5,868 | €5,326 | -€541 | -9.2% |
| Income taxes | 67/77 | €2,110 | €2,090 | -€21 | -1.0% |
| Profit (loss) for the period | 9904 | €3,757 | €3,237 | -€521 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,757 | €3,237 | -€521 | -13.9% |
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 28 October 2026 via checked.be.