NOVILUX: 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.
NOVILUX
Largest movements
- Cash -€108,517
down €108,517 (-21.5%), from €504,997 to €396,480
mainly Trade debts (-€112,813) and Investment in fixed assets (net) (-€25,507)
- Trade debts -€112,813
down €112,813 (-23.1%), from €488,037 to €375,224
- Reserves +€13,600
up €13,600 (+14.4%), from €94,247 to €107,847
of which Distributable reserves: +€13,600
- Staff costs +€6,936
new in 2024: €6,936
- Gross operating margin +€5,902
up €5,902 (+10.1%), from €58,681 to €64,583
- Depreciation -€5,155
down €5,155 (-22.9%), from €22,540 to €17,385
- Other operating charges -€3,270
down €3,270 (-29.4%), from €11,109 to €7,839
- Taxes -€2,844
down €2,844 (-27.7%), from €10,282 to €7,438
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €998,877 | €899,182 | -€99,695 | -10.0% |
| Fixed assets | 21/28 | €42,241 | €50,363 | +€8,122 | +19.2% |
| Tangible fixed assets | 22/27 | €40,191 | €48,328 | +€8,137 | +20.2% |
| Plant, machinery and equipment | 23 | €26,503 | €12,959 | -€13,544 | -51.1% |
| Furniture and vehicles | 24 | €13,688 | €35,369 | +€21,681 | +158% |
| Financial fixed assets | 28 | €2,050 | €2,035 | -€15 | -0.7% |
| Current assets | 29/58 | €956,636 | €848,819 | -€107,817 | -11.3% |
| Stocks and contracts in progress | 3 | €116,075 | €116,447 | +€372 | +0.3% |
| Stocks | 30/36 | €116,075 | €116,447 | +€372 | +0.3% |
| Amounts receivable within one year | 40/41 | €330,172 | €332,706 | +€2,534 | +0.8% |
| Trade receivables | 40 | €288,976 | €287,876 | -€1,100 | -0.4% |
| Other amounts receivable | 41 | €41,196 | €44,830 | +€3,634 | +8.8% |
| Cash at bank and in hand | 54/58 | €504,997 | €396,480 | -€108,517 | -21.5% |
| Deferred charges and accrued income | 490/1 | €5,392 | €3,186 | -€2,206 | -40.9% |
| Total equity and liabilities | 10/49 | €998,877 | €899,182 | -€99,695 | -10.0% |
| Equity | 10/15 | €477,479 | €491,141 | +€13,662 | +2.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €94,247 | €107,847 | +€13,600 | +14.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €54,888 | €68,488 | +€13,600 | +24.8% |
| Profit (loss) carried forward | 14 | €364,640 | €364,702 | +€62 | 0.0% |
| Amounts payable | 17/49 | €521,398 | €408,041 | -€113,357 | -21.7% |
| Amounts payable within one year | 42/48 | €521,398 | €408,041 | -€113,357 | -21.7% |
| Trade debts | 44 | €488,037 | €375,224 | -€112,813 | -23.1% |
| Suppliers | 440/4 | €488,037 | €375,224 | -€112,813 | -23.1% |
| Taxes, remuneration and social security | 45 | €31,437 | €30,893 | -€544 | -1.7% |
| Taxes | 450/3 | €29,437 | €26,139 | -€3,298 | -11.2% |
| Remuneration and social security | 454/9 | €2,000 | €4,754 | +€2,754 | +138% |
| Other amounts payable | 47/48 | €1,924 | €1,924 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €6,936 | +€6,936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,540 | €17,385 | -€5,155 | -22.9% |
| Other operating charges | 640/8 | €11,109 | €7,839 | -€3,270 | -29.4% |
| Non-recurring operating charges | 66A | €1,884 | €14,760 | +€12,876 | +683% |
| Gross operating margin | 9900 | €58,681 | €64,583 | +€5,902 | +10.1% |
| Operating profit (loss) | 9901 | €23,148 | €17,663 | -€5,485 | -23.7% |
| Financial income | 75/76B | €1,597 | €4,077 | +€2,480 | +155% |
| Recurring financial income | 75 | €1,597 | €4,077 | +€2,480 | +155% |
| Financial charges | 65/66B | €814 | €640 | -€174 | -21.4% |
| Recurring financial charges | 65 | €814 | €640 | -€174 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €23,931 | €21,100 | -€2,831 | -11.8% |
| Income taxes | 67/77 | €10,282 | €7,438 | -€2,844 | -27.7% |
| Profit (loss) for the period | 9904 | €13,649 | €13,662 | +€13 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,649 | €13,662 | +€13 | +0.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.