NOVILPA: 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.
NOVILPA
Largest movements
- Tangible fixed assets -€51,774
down €51,774 (-2.2%), from €2.3m to €2.3m
- Cash +€48,643
up €48,643 (+62.5%), from €77,779 to €126,423
mainly Depreciation (+€51,774) and Accrued charges and deferred income (+€8,206)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€4,840
up €4,840 (+9.4%), from €51,473 to €56,313
- Depreciation -€1,355
down €1,355 (-2.6%), from €53,129 to €51,774
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 | €2,420,512 | €2,415,297 | -€5,215 | -0.2% |
| Fixed assets | 21/28 | €2,340,648 | €2,288,875 | -€51,774 | -2.2% |
| Tangible fixed assets | 22/27 | €2,340,648 | €2,288,875 | -€51,774 | -2.2% |
| Land and buildings | 22 | €2,340,648 | €2,288,875 | -€51,774 | -2.2% |
| Current assets | 29/58 | €79,864 | €126,423 | +€46,559 | +58.3% |
| Amounts receivable within one year | 40/41 | €2,084 | €0 | -€2,084 | -100% |
| Trade receivables | 40 | €2,084 | €0 | -€2,084 | -100% |
| Cash at bank and in hand | 54/58 | €77,779 | €126,423 | +€48,643 | +62.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,420,512 | €2,415,297 | -€5,215 | -0.2% |
| Equity | 10/15 | €2,296,967 | €2,285,855 | -€11,112 | -0.5% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,848,534 | €1,848,534 | = | 0.0% |
| Reserves | 13 | €101,304 | €87,500 | -€13,804 | -13.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €101,304 | €87,500 | -€13,804 | -13.6% |
| Profit (loss) carried forward | 14 | -€77,871 | -€75,179 | +€2,692 | +3.5% |
| Amounts payable | 17/49 | €123,545 | €129,442 | +€5,897 | +4.8% |
| Amounts payable within one year | 42/48 | €113,948 | €111,640 | -€2,308 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €18,226 | €15,918 | -€2,308 | -12.7% |
| Suppliers | 440/4 | €18,226 | €15,918 | -€2,308 | -12.7% |
| Other amounts payable | 47/48 | €95,722 | €95,722 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,596 | €17,802 | +€8,206 | +85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,129 | €51,774 | -€1,355 | -2.6% |
| Other operating charges | 640/8 | €8,071 | €8,479 | +€408 | +5.0% |
| Gross operating margin | 9900 | €51,473 | €56,313 | +€4,840 | +9.4% |
| Operating profit (loss) | 9901 | -€9,727 | -€3,939 | +€5,788 | +59.5% |
| Financial income | 75/76B | €31 | €78 | +€47 | +155% |
| Recurring financial income | 75 | €31 | €78 | +€47 | +155% |
| Financial charges | 65/66B | €6,963 | €7,251 | +€287 | +4.1% |
| Recurring financial charges | 65 | €6,963 | €7,251 | +€287 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,660 | -€11,112 | +€5,548 | +33.3% |
| Profit (loss) for the period | 9904 | -€16,660 | -€11,112 | +€5,548 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,660 | -€11,112 | +€5,548 | +33.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.