Novicius: 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.
Novicius
Largest movements
- Cash -€9,003
down €9,003 (-16.2%), from €55,670 to €46,667
mainly Contributions, distributions and other (-€66,014) and Investment in fixed assets (net) (-€1,618)
- Tangible fixed assets -€939
down €939 (-5.2%), from €18,038 to €17,099
of which Other tangible fixed assets: -€1,961
- Reserves -€8,994
down €8,994 (-13.6%), from €66,014 to €57,020
- Other debts -€1,316
down €1,316 (-15.5%), from €8,515 to €7,199
- Gross operating margin -€11,935
down €11,935 (-12.9%), from €92,540 to €80,605
- Taxes -€4,309
down €4,309 (-17.9%), from €24,012 to €19,702
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 | €89,017 | €78,770 | -€10,247 | -11.5% |
| Fixed assets | 21/28 | €18,038 | €17,099 | -€939 | -5.2% |
| Tangible fixed assets | 22/27 | €18,038 | €17,099 | -€939 | -5.2% |
| Plant, machinery and equipment | 23 | €1,293 | €2,314 | +€1,022 | +79.0% |
| Other tangible fixed assets | 26 | €16,745 | €14,784 | -€1,961 | -11.7% |
| Current assets | 29/58 | €70,979 | €61,671 | -€9,308 | -13.1% |
| Amounts receivable within one year | 40/41 | €15,309 | €15,004 | -€305 | -2.0% |
| Trade receivables | 40 | €15,309 | €15,004 | -€305 | -2.0% |
| Cash at bank and in hand | 54/58 | €55,670 | €46,667 | -€9,003 | -16.2% |
| Total equity and liabilities | 10/49 | €89,017 | €78,770 | -€10,247 | -11.5% |
| Equity | 10/15 | €68,014 | €59,020 | -€8,994 | -13.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €66,014 | €57,020 | -€8,994 | -13.6% |
| Distributable reserves | 133 | €66,014 | €57,020 | -€8,994 | -13.6% |
| Amounts payable | 17/49 | €21,003 | €19,750 | -€1,253 | -6.0% |
| Amounts payable within one year | 42/48 | €21,003 | €19,750 | -€1,253 | -6.0% |
| Trade debts | 44 | - | €826 | +€826 | |
| Suppliers | 440/4 | - | €826 | +€826 | |
| Taxes, remuneration and social security | 45 | €12,489 | €11,725 | -€764 | -6.1% |
| Taxes | 450/3 | €10,999 | €10,232 | -€766 | -7.0% |
| Remuneration and social security | 454/9 | €1,490 | €1,493 | +€3 | +0.2% |
| Other amounts payable | 47/48 | €8,515 | €7,199 | -€1,316 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,811 | €2,557 | +€746 | +41.2% |
| Other operating charges | 640/8 | €534 | €984 | +€450 | +84.3% |
| Non-recurring operating charges | 66A | - | €283 | +€283 | |
| Gross operating margin | 9900 | €92,540 | €80,605 | -€11,935 | -12.9% |
| Operating profit (loss) | 9901 | €90,194 | €76,780 | -€13,414 | -14.9% |
| Financial charges | 65/66B | €169 | €58 | -€111 | -65.4% |
| Recurring financial charges | 65 | €169 | €58 | -€111 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | €90,026 | €76,722 | -€13,304 | -14.8% |
| Income taxes | 67/77 | €24,012 | €19,702 | -€4,309 | -17.9% |
| Profit (loss) for the period | 9904 | €66,014 | €57,020 | -€8,994 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,014 | €57,020 | -€8,994 | -13.6% |
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 30 September 2026 via checked.be.