NOVIA ENGINEERING: 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 ENGINEERING
Largest movements
- Tangible fixed assets -€6,414
down €6,414 (-24.2%), from €26,512 to €20,098
- Cash +€1,641
up €1,641 (+3.6%), from €45,324 to €46,965
mainly Net result for the year (+€30,230) and Depreciation (+€7,194)
- Receivables within one year +€940
up €940 (+1160.0%), from €81 to €1,021
- Profit (loss) carried forward +€21,994
up €21,994 (+288.6%), from €7,620 to €29,614
- Other debts -€16,383
down €16,383 (-68.7%), from €23,835 to €7,451
- Tax, wage and social debts -€8,497
down €8,497 (-65.1%), from €13,059 to €4,562
- Trade debts -€947
down €947 (-48.8%), from €1,943 to €996
- Other operating charges -€3,046
down €3,046 (-76.9%), from €3,962 to €916
- Depreciation +€1,192
up €1,192 (+19.9%), from €6,002 to €7,194
- Gross operating margin +€792
up €792 (+1.5%), from €51,838 to €52,630
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 | €71,917 | €68,084 | -€3,834 | -5.3% |
| Fixed assets | 21/28 | €26,512 | €20,098 | -€6,414 | -24.2% |
| Tangible fixed assets | 22/27 | €26,512 | €20,098 | -€6,414 | -24.2% |
| Furniture and vehicles | 24 | €26,512 | €20,098 | -€6,414 | -24.2% |
| Current assets | 29/58 | €45,405 | €47,985 | +€2,580 | +5.7% |
| Amounts receivable within one year | 40/41 | €81 | €1,021 | +€940 | +1160.0% |
| Other amounts receivable | 41 | €81 | €1,021 | +€940 | +1160.0% |
| Cash at bank and in hand | 54/58 | €45,324 | €46,965 | +€1,641 | +3.6% |
| Total equity and liabilities | 10/49 | €71,917 | €68,084 | -€3,834 | -5.3% |
| Equity | 10/15 | €33,080 | €55,074 | +€21,994 | +66.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,620 | €29,614 | +€21,994 | +288.6% |
| Amounts payable | 17/49 | €38,837 | €13,009 | -€25,828 | -66.5% |
| Amounts payable within one year | 42/48 | €38,837 | €13,009 | -€25,828 | -66.5% |
| Trade debts | 44 | €1,943 | €996 | -€947 | -48.8% |
| Suppliers | 440/4 | €1,943 | €996 | -€947 | -48.8% |
| Taxes, remuneration and social security | 45 | €13,059 | €4,562 | -€8,497 | -65.1% |
| Taxes | 450/3 | €13,059 | €4,562 | -€8,497 | -65.1% |
| Other amounts payable | 47/48 | €23,835 | €7,451 | -€16,383 | -68.7% |
| Remuneration, social security and pensions | 62 | - | €113 | +€113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,002 | €7,194 | +€1,192 | +19.9% |
| Other operating charges | 640/8 | €3,962 | €916 | -€3,046 | -76.9% |
| Gross operating margin | 9900 | €51,838 | €52,630 | +€792 | +1.5% |
| Operating profit (loss) | 9901 | €41,874 | €44,407 | +€2,533 | +6.0% |
| Financial income | 75/76B | €377 | €292 | -€84 | -22.4% |
| Recurring financial income | 75 | €377 | €292 | -€84 | -22.4% |
| Financial charges | 65/66B | €132 | €138 | +€6 | +4.6% |
| Recurring financial charges | 65 | €132 | €138 | +€6 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €42,119 | €44,562 | +€2,443 | +5.8% |
| Income taxes | 67/77 | €14,344 | €14,332 | -€12 | -0.1% |
| Profit (loss) for the period | 9904 | €27,775 | €30,230 | +€2,455 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,775 | €30,230 | +€2,455 | +8.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.