NOVIA DUE: 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.
NOVIA DUE
Largest movements
- Cash -€63,568
down €63,568 (-19.2%), from €331,694 to €268,126
mainly Contributions, distributions and other (-€135,924) and Trade debts (-€42,469)
- Tangible fixed assets -€15,432
down €15,432 (-55.1%), from €28,025 to €12,593
of which Furniture and vehicles: -€14,895
- Reserves -€107,311
down €107,311 (-33.2%), from €322,921 to €215,611
- Tax, wage and social debts +€47,434
up €47,434 (+159%), from €29,910 to €77,344
of which Taxes: +€50,297
- Trade debts -€42,469
down €42,469 (-41.0%), from €103,522 to €61,052
- Other debts +€16,662
up €16,662 (+55.6%), from €29,960 to €46,622
- Accrued charges and deferred income +€5,832
up €5,832 (+658%), from €886 to €6,717
- Gross operating margin +€37,792
up €37,792 (+19.8%), from €191,300 to €229,092
- Taxes +€11,110
up €11,110 (+208%), from €5,350 to €16,460
- Other operating charges +€3,864
up €3,864 (+143%), from €2,703 to €6,567
- Depreciation -€3,647
down €3,647 (-17.2%), from €21,156 to €17,509
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 | €512,198 | €432,345 | -€79,853 | -15.6% |
| Fixed assets | 21/28 | €28,910 | €12,702 | -€16,208 | -56.1% |
| Intangible fixed assets | 21 | €776 | €0 | -€776 | -100% |
| Tangible fixed assets | 22/27 | €28,025 | €12,593 | -€15,432 | -55.1% |
| Land and buildings | 22 | €2,400 | €1,862 | -€538 | -22.4% |
| Furniture and vehicles | 24 | €25,625 | €10,731 | -€14,895 | -58.1% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €483,288 | €419,643 | -€63,644 | -13.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €21,379 | €22,527 | +€1,148 | +5.4% |
| Stocks | 30/36 | €21,379 | €22,527 | +€1,148 | +5.4% |
| Amounts receivable within one year | 40/41 | €121,822 | €120,267 | -€1,555 | -1.3% |
| Trade receivables | 40 | €34,932 | €104,290 | +€69,358 | +199% |
| Other amounts receivable | 41 | €86,891 | €15,977 | -€70,913 | -81.6% |
| Cash at bank and in hand | 54/58 | €331,694 | €268,126 | -€63,568 | -19.2% |
| Deferred charges and accrued income | 490/1 | €8,392 | €8,723 | +€331 | +3.9% |
| Total equity and liabilities | 10/49 | €512,198 | €432,345 | -€79,853 | -15.6% |
| Equity | 10/15 | €347,921 | €240,611 | -€107,311 | -30.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €322,921 | €215,611 | -€107,311 | -33.2% |
| Distributable reserves | 133 | €322,921 | €215,611 | -€107,311 | -33.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,277 | €191,735 | +€27,458 | +16.7% |
| Amounts payable within one year | 42/48 | €163,391 | €185,017 | +€21,626 | +13.2% |
| Trade debts | 44 | €103,522 | €61,052 | -€42,469 | -41.0% |
| Suppliers | 440/4 | €103,522 | €61,052 | -€42,469 | -41.0% |
| Taxes, remuneration and social security | 45 | €29,910 | €77,344 | +€47,434 | +159% |
| Taxes | 450/3 | €8,792 | €59,089 | +€50,297 | +572% |
| Remuneration and social security | 454/9 | €21,118 | €18,254 | -€2,863 | -13.6% |
| Other amounts payable | 47/48 | €29,960 | €46,622 | +€16,662 | +55.6% |
| Accrued charges and deferred income | 492/3 | €886 | €6,717 | +€5,832 | +658% |
| Remuneration, social security and pensions | 62 | €157,410 | €158,278 | +€868 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,156 | €17,509 | -€3,647 | -17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €666 | +€666 | |
| Other operating charges | 640/8 | €2,703 | €6,567 | +€3,864 | +143% |
| Gross operating margin | 9900 | €191,300 | €229,092 | +€37,792 | +19.8% |
| Operating profit (loss) | 9901 | €10,032 | €46,073 | +€36,041 | +359% |
| Financial income | 75/76B | €5,935 | €7,989 | +€2,054 | +34.6% |
| Recurring financial income | 75 | €5,935 | €7,989 | +€2,054 | +34.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,321 | €8,989 | +€1,668 | +22.8% |
| Recurring financial charges | 65 | €7,321 | €8,989 | +€1,668 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €8,646 | €45,073 | +€36,427 | +421% |
| Income taxes | 67/77 | €5,350 | €16,460 | +€11,110 | +208% |
| Profit (loss) for the period | 9904 | €3,296 | €28,613 | +€25,317 | +768% |
| Profit (loss) for the period to be appropriated | 9905 | €3,296 | €28,613 | +€25,317 | +768% |
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.