NOVILYS: 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.
NOVILYS
Largest movements
- Tangible fixed assets +€32,055
up €32,055 (+14.2%), from €225,149 to €257,204
of which Furniture and vehicles: +€49,840
- Cash +€4,754
up €4,754 (+40.0%), from €11,886 to €16,640
mainly Depreciation (+€32,633) and Net result for the year (+€20,741)
- Receivables within one year +€4,507
up €4,507 (+29.9%), from €15,068 to €19,575
of which Trade receivables: +€4,507
- Reserves +€19,075
up €19,075 (+24.9%), from €76,743 to €95,819
- Debts after one year +€11,152
up €11,152 (+12.7%), from €87,884 to €99,036
- Current portion of long-term debt +€8,697
up €8,697 (+54.1%), from €16,078 to €24,776
- Other debts +€6,156
up €6,156 (+55.3%), from €11,125 to €17,281
- Gross operating margin -€11,661
down €11,661 (-14.6%), from €79,725 to €68,064
- Depreciation +€8,392
up €8,392 (+34.6%), from €24,241 to €32,633
- Taxes -€2,716
down €2,716 (-26.2%), from €10,351 to €7,635
- Financial charges +€1,572
up €1,572 (+42.0%), from €3,746 to €5,318
- Other operating charges -€921
down €921 (-32.6%), from €2,820 to €1,900
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.
Cash bridge derived
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 | €252,968 | €294,285 | +€41,316 | +16.3% |
| Fixed assets | 21/28 | €225,299 | €257,354 | +€32,055 | +14.2% |
| Tangible fixed assets | 22/27 | €225,149 | €257,204 | +€32,055 | +14.2% |
| Land and buildings | 22 | €194,214 | €179,570 | -€14,644 | -7.5% |
| Plant, machinery and equipment | 23 | €8,041 | €4,901 | -€3,140 | -39.1% |
| Furniture and vehicles | 24 | €22,894 | €72,734 | +€49,840 | +217.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €27,670 | €36,931 | +€9,261 | +33.5% |
| Amounts receivable within one year | 40/41 | €15,068 | €19,575 | +€4,507 | +29.9% |
| Trade receivables | 40 | €14,895 | €19,402 | +€4,507 | +30.3% |
| Other amounts receivable | 41 | €173 | €173 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €11,886 | €16,640 | +€4,754 | +40.0% |
| Deferred charges and accrued income | 490/1 | €715 | €715 | = | 0.0% |
| Total equity and liabilities | 10/49 | €252,968 | €294,285 | +€41,316 | +16.3% |
| Equity | 10/15 | €126,939 | €146,014 | +€19,075 | +15.0% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €76,743 | €95,819 | +€19,075 | +24.9% |
| Distributable reserves | 133 | €76,743 | €95,819 | +€19,075 | +24.9% |
| Profit (loss) carried forward | 14 | €42,136 | €42,136 | = | 0.0% |
| Amounts payable | 17/49 | €126,029 | €148,270 | +€22,241 | +17.6% |
| Amounts payable after more than one year | 17 | €87,884 | €99,036 | +€11,152 | +12.7% |
| Financial debts | 170/4 | €87,884 | €99,036 | +€11,152 | +12.7% |
| Amounts payable within one year | 42/48 | €38,145 | €49,235 | +€11,090 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €16,078 | €24,776 | +€8,697 | +54.1% |
| Financial debts | 43 | €2,959 | €823 | -€2,137 | -72.2% |
| Credit institutions | 430/8 | €2,959 | €823 | -€2,137 | -72.2% |
| Trade debts | 44 | €1,015 | €1,004 | -€11 | -1.0% |
| Suppliers | 440/4 | €1,015 | €1,004 | -€11 | -1.0% |
| Taxes, remuneration and social security | 45 | €6,967 | €5,351 | -€1,616 | -23.2% |
| Taxes | 450/3 | €4,053 | €5,351 | +€1,298 | +32.0% |
| Remuneration and social security | 454/9 | €2,914 | - | -€2,914 | |
| Other amounts payable | 47/48 | €11,125 | €17,281 | +€6,156 | +55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,241 | €32,633 | +€8,392 | +34.6% |
| Other operating charges | 640/8 | €2,820 | €1,900 | -€921 | -32.6% |
| Gross operating margin | 9900 | €79,725 | €68,064 | -€11,661 | -14.6% |
| Operating profit (loss) | 9901 | €52,663 | €33,531 | -€19,133 | -36.3% |
| Financial income | 75/76B | €0 | €163 | +€163 | +1630200.0% |
| Recurring financial income | 75 | €0 | €163 | +€163 | +1630200.0% |
| Financial charges | 65/66B | €3,746 | €5,318 | +€1,572 | +42.0% |
| Recurring financial charges | 65 | €3,746 | €5,318 | +€1,572 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €48,917 | €28,376 | -€20,542 | -42.0% |
| Income taxes | 67/77 | €10,351 | €7,635 | -€2,716 | -26.2% |
| Profit (loss) for the period | 9904 | €38,567 | €20,741 | -€17,825 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,567 | €20,741 | -€17,825 | -46.2% |
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 10 October 2026 via checked.be.