NOVILIS: 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.
NOVILIS
Largest movements
- Cash +€18,969
up €18,969 (+48.0%), from €39,525 to €58,494
mainly Net result for the year (+€21,627) and Receivables within one year (+€12,262)
- Receivables within one year -€12,262
down €12,262 (-27.5%), from €44,660 to €32,398
of which Trade receivables: -€21,175
- Reserves +€21,500
up €21,500 (+36.8%), from €58,500 to €80,000
- Tax, wage and social debts -€20,046
down €20,046 (-75.3%), from €26,630 to €6,584
of which Taxes: -€14,430
- Other debts +€2,421
up €2,421 (+131%), from €1,846 to €4,267
- Trade debts +€1,298
up €1,298 (+476%), from €273 to €1,571
- Gross operating margin -€45,680
down €45,680 (-61.1%), from €74,751 to €29,070
- Taxes -€9,061
down €9,061 (-59.8%), from €15,148 to €6,087
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 | €89,089 | €94,889 | +€5,800 | +6.5% |
| Fixed assets | 21/28 | €4,501 | €3,592 | -€909 | -20.2% |
| Tangible fixed assets | 22/27 | €4,001 | €3,092 | -€909 | -22.7% |
| Furniture and vehicles | 24 | €4,001 | €3,092 | -€909 | -22.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €84,587 | €91,297 | +€6,710 | +7.9% |
| Amounts receivable within one year | 40/41 | €44,660 | €32,398 | -€12,262 | -27.5% |
| Trade receivables | 40 | €29,645 | €8,470 | -€21,175 | -71.4% |
| Other amounts receivable | 41 | €15,015 | €23,928 | +€8,913 | +59.4% |
| Cash at bank and in hand | 54/58 | €39,525 | €58,494 | +€18,969 | +48.0% |
| Deferred charges and accrued income | 490/1 | €403 | €405 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €89,089 | €94,889 | +€5,800 | +6.5% |
| Equity | 10/15 | €59,590 | €81,218 | +€21,627 | +36.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €58,500 | €80,000 | +€21,500 | +36.8% |
| Distributable reserves | 133 | €58,500 | €80,000 | +€21,500 | +36.8% |
| Profit (loss) carried forward | 14 | €90 | €218 | +€127 | +141% |
| Amounts payable | 17/49 | €29,498 | €13,671 | -€15,827 | -53.7% |
| Amounts payable within one year | 42/48 | €28,748 | €12,421 | -€16,327 | -56.8% |
| Trade debts | 44 | €273 | €1,571 | +€1,298 | +476% |
| Suppliers | 440/4 | €273 | €1,571 | +€1,298 | +476% |
| Taxes, remuneration and social security | 45 | €26,630 | €6,584 | -€20,046 | -75.3% |
| Taxes | 450/3 | €21,013 | €6,584 | -€14,430 | -68.7% |
| Remuneration and social security | 454/9 | €5,616 | - | -€5,616 | |
| Other amounts payable | 47/48 | €1,846 | €4,267 | +€2,421 | +131% |
| Accrued charges and deferred income | 492/3 | €750 | €1,250 | +€500 | +66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €909 | +€364 | +66.8% |
| Other operating charges | 640/8 | €365 | €374 | +€10 | +2.7% |
| Gross operating margin | 9900 | €74,751 | €29,070 | -€45,680 | -61.1% |
| Operating profit (loss) | 9901 | €73,841 | €27,787 | -€46,054 | -62.4% |
| Financial charges | 65/66B | €103 | €72 | -€31 | -29.8% |
| Recurring financial charges | 65 | €103 | €72 | -€31 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €73,739 | €27,715 | -€46,024 | -62.4% |
| Income taxes | 67/77 | €15,148 | €6,087 | -€9,061 | -59.8% |
| Profit (loss) for the period | 9904 | €58,590 | €21,627 | -€36,963 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,590 | €21,627 | -€36,963 | -63.1% |
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 18 October 2026 via checked.be.