NOVIKA: 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.
NOVIKA
Largest movements
- Cash -€9,874
down €9,874 (-22.8%), from €43,354 to €33,479
mainly Trade debts (-€8,403) and Investment in fixed assets (net) (-€6,885)
- Tangible fixed assets -€9,590
down €9,590 (-31.3%), from €30,621 to €21,032
of which Furniture and vehicles: -€7,858
- Deferred charges and accrued income -€5,282
down €5,282 (-52.2%), from €10,116 to €4,834
- Receivables after one year -€2,713
down €2,713 (-16.4%), from €16,507 to €13,794
- Receivables within one year +€2,452
up €2,452 (+1.7%), from €140,370 to €142,822
of which Trade receivables: +€4,170
- Trade debts -€8,403
down €8,403 (-55.6%), from €15,112 to €6,709
- Debts after one year -€5,879
down €5,879 (-100%), from €5,879 to €0
- Current portion of long-term debt -€5,760
down €5,760 (-49.5%), from €11,639 to €5,879
- Tax, wage and social debts -€3,687
down €3,687 (-15.5%), from €23,755 to €20,067
of which Taxes: -€2,688
- Staff costs +€3,671
up €3,671 (+3.9%), from €92,998 to €96,669
- Gross operating margin +€1,611
up €1,611 (+1.4%), from €116,886 to €118,497
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 | €244,502 | €219,012 | -€25,490 | -10.4% |
| Fixed assets | 21/28 | €34,157 | €24,084 | -€10,073 | -29.5% |
| Intangible fixed assets | 21 | €1,451 | €967 | -€484 | -33.3% |
| Tangible fixed assets | 22/27 | €30,621 | €21,032 | -€9,590 | -31.3% |
| Plant, machinery and equipment | 23 | €3,186 | €2,257 | -€929 | -29.2% |
| Furniture and vehicles | 24 | €22,487 | €14,629 | -€7,858 | -34.9% |
| Other tangible fixed assets | 26 | €4,948 | €4,145 | -€802 | -16.2% |
| Financial fixed assets | 28 | €2,085 | €2,085 | = | 0.0% |
| Current assets | 29/58 | €210,346 | €194,928 | -€15,417 | -7.3% |
| Amounts receivable after more than one year | 29 | €16,507 | €13,794 | -€2,713 | -16.4% |
| Other amounts receivable | 291 | €16,507 | €13,794 | -€2,713 | -16.4% |
| Amounts receivable within one year | 40/41 | €140,370 | €142,822 | +€2,452 | +1.7% |
| Trade receivables | 40 | €130,973 | €135,143 | +€4,170 | +3.2% |
| Other amounts receivable | 41 | €9,397 | €7,679 | -€1,718 | -18.3% |
| Cash at bank and in hand | 54/58 | €43,354 | €33,479 | -€9,874 | -22.8% |
| Deferred charges and accrued income | 490/1 | €10,116 | €4,834 | -€5,282 | -52.2% |
| Total equity and liabilities | 10/49 | €244,502 | €219,012 | -€25,490 | -10.4% |
| Equity | 10/15 | €179,018 | €179,818 | +€801 | +0.4% |
| Contributions | 10/11 | €9,792 | €9,792 | = | 0.0% |
| Reserves | 13 | €168,896 | €168,896 | = | 0.0% |
| Distributable reserves | 133 | €168,896 | €168,896 | = | 0.0% |
| Profit (loss) carried forward | 14 | €330 | €1,130 | +€801 | +243% |
| Amounts payable | 17/49 | €65,485 | €39,194 | -€26,291 | -40.1% |
| Amounts payable after more than one year | 17 | €5,879 | €0 | -€5,879 | -100% |
| Financial debts | 170/4 | €5,879 | €0 | -€5,879 | -100% |
| Amounts payable within one year | 42/48 | €59,605 | €39,185 | -€20,420 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €11,639 | €5,879 | -€5,760 | -49.5% |
| Financial debts | 43 | €4,103 | €3,376 | -€727 | -17.7% |
| Credit institutions | 430/8 | €4,103 | €3,376 | -€727 | -17.7% |
| Trade debts | 44 | €15,112 | €6,709 | -€8,403 | -55.6% |
| Suppliers | 440/4 | €15,112 | €6,709 | -€8,403 | -55.6% |
| Taxes, remuneration and social security | 45 | €23,755 | €20,067 | -€3,687 | -15.5% |
| Taxes | 450/3 | €11,155 | €8,467 | -€2,688 | -24.1% |
| Remuneration and social security | 454/9 | €12,600 | €11,601 | -€999 | -7.9% |
| Other amounts payable | 47/48 | €4,997 | €3,154 | -€1,843 | -36.9% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Remuneration, social security and pensions | 62 | €92,998 | €96,669 | +€3,671 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,903 | €16,958 | -€945 | -5.3% |
| Other operating charges | 640/8 | €623 | €868 | +€244 | +39.2% |
| Gross operating margin | 9900 | €116,886 | €118,497 | +€1,611 | +1.4% |
| Operating profit (loss) | 9901 | €5,361 | €4,002 | -€1,360 | -25.4% |
| Financial income | 75/76B | €693 | €536 | -€156 | -22.6% |
| Recurring financial income | 75 | €693 | €536 | -€156 | -22.6% |
| Financial charges | 65/66B | €1,705 | €1,212 | -€493 | -28.9% |
| Recurring financial charges | 65 | €1,705 | €1,212 | -€493 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €4,349 | €3,326 | -€1,024 | -23.5% |
| Income taxes | 67/77 | €3,011 | €2,525 | -€486 | -16.1% |
| Profit (loss) for the period | 9904 | €1,338 | €801 | -€537 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,338 | €801 | -€537 | -40.2% |
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 15 October 2026 via checked.be.