NOVIMA: what changed
Two fiscal 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.
NOVIMA
Largest movements
- Tangible fixed assets -€7,025
down €7,025 (-2.1%), from €341,497 to €334,472
of which Land and buildings: -€6,325
- Debts after one year -€19,217
down €19,217 (-17.4%), from €110,246 to €91,030
- Reserves +€19,200
up €19,200 (+11.8%), from €162,200 to €181,400
- Current portion of long-term debt -€3,822
down €3,822 (-6.3%), from €60,510 to €56,689
- Gross operating margin -€4,373
down €4,373 (-9.4%), from €46,286 to €41,912
- Taxes -€1,033
down €1,033 (-11.7%), from €8,853 to €7,819
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.
Cash bridge derived
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 | €380,783 | €372,831 | -€7,953 | -2.1% |
| Formation expenses | 20 | €15 | - | -€15 | |
| Fixed assets | 21/28 | €341,497 | €334,472 | -€7,025 | -2.1% |
| Tangible fixed assets | 22/27 | €341,497 | €334,472 | -€7,025 | -2.1% |
| Land and buildings | 22 | €340,259 | €333,934 | -€6,325 | -1.9% |
| Plant, machinery and equipment | 23 | €1,237 | €537 | -€700 | -56.6% |
| Current assets | 29/58 | €39,272 | €38,359 | -€913 | -2.3% |
| Amounts receivable within one year | 40/41 | €18,150 | €18,380 | +€230 | +1.3% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | - | €230 | +€230 | |
| Cash at bank and in hand | 54/58 | €20,197 | €19,809 | -€388 | -1.9% |
| Deferred charges and accrued income | 490/1 | €925 | €170 | -€755 | -81.6% |
| Total equity and liabilities | 10/49 | €380,783 | €372,831 | -€7,953 | -2.1% |
| Equity | 10/15 | €184,851 | €204,093 | +€19,242 | +10.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €162,200 | €181,400 | +€19,200 | +11.8% |
| Distributable reserves | 133 | €162,200 | €181,400 | +€19,200 | +11.8% |
| Profit (loss) carried forward | 14 | €2,651 | €2,693 | +€42 | +1.6% |
| Amounts payable | 17/49 | €195,932 | €168,738 | -€27,195 | -13.9% |
| Amounts payable after more than one year | 17 | €110,246 | €91,030 | -€19,217 | -17.4% |
| Financial debts | 170/4 | €110,246 | €91,030 | -€19,217 | -17.4% |
| Amounts payable within one year | 42/48 | €85,686 | €77,708 | -€7,978 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €60,510 | €56,689 | -€3,822 | -6.3% |
| Trade debts | 44 | €3,173 | €3,647 | +€475 | +15.0% |
| Suppliers | 440/4 | €3,173 | €3,647 | +€475 | +15.0% |
| Taxes, remuneration and social security | 45 | €18,397 | €17,372 | -€1,025 | -5.6% |
| Taxes | 450/3 | €18,397 | €10,938 | -€7,460 | -40.5% |
| Remuneration and social security | 454/9 | - | €6,434 | +€6,434 | |
| Other amounts payable | 47/48 | €3,606 | - | -€3,606 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,578 | €12,431 | -€147 | -1.2% |
| Other operating charges | 640/8 | €671 | €674 | +€3 | +0.4% |
| Gross operating margin | 9900 | €46,286 | €41,912 | -€4,373 | -9.4% |
| Operating profit (loss) | 9901 | €33,036 | €28,807 | -€4,230 | -12.8% |
| Financial charges | 65/66B | €1,969 | €1,745 | -€224 | -11.4% |
| Recurring financial charges | 65 | €1,969 | €1,745 | -€224 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €31,067 | €27,061 | -€4,006 | -12.9% |
| Income taxes | 67/77 | €8,853 | €7,819 | -€1,033 | -11.7% |
| Profit (loss) for the period | 9904 | €22,214 | €19,242 | -€2,972 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,214 | €19,242 | -€2,972 | -13.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.