NOVINI: 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.
NOVINI
Largest movements
- Tangible fixed assets +€35,525
new in 2024: €35,525
- Receivables within one year -€12,800
down €12,800 (-31.1%), from €41,158 to €28,358
of which Trade receivables: -€12,480
- Cash +€7,139
up €7,139 (+157.1%), from €4,545 to €11,685
mainly Debts after one year (+€22,847) and Net result for the year (+€14,529)
- Financial fixed assets +€3,750
up €3,750 (+25.0%), from €15,000 to €18,750
- Debts after one year +€22,847
new in 2024: €22,847
- Reserves +€14,141
up €14,141 (+54.4%), from €26,002 to €40,144
- Tax, wage and social debts -€12,927
down €12,927 (-71.0%), from €18,216 to €5,289
of which Remuneration and social security: -€9,900
- Current portion of long-term debt +€7,153
new in 2024: €7,153
- Other debts +€3,054
up €3,054 (+212.6%), from €1,436 to €4,490
- Gross operating margin +€9,859
up €9,859 (+55.2%), from €17,863 to €27,722
- Taxes +€2,630
up €2,630 (+60.1%), from €4,377 to €7,007
- Depreciation +€1,225
new in 2024: €1,225
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 | €60,703 | €94,317 | +€33,614 | +55.4% |
| Fixed assets | 21/28 | €15,000 | €54,275 | +€39,275 | +261.8% |
| Tangible fixed assets | 22/27 | - | €35,525 | +€35,525 | |
| Furniture and vehicles | 24 | - | €35,525 | +€35,525 | |
| Financial fixed assets | 28 | €15,000 | €18,750 | +€3,750 | +25.0% |
| Current assets | 29/58 | €45,703 | €40,042 | -€5,661 | -12.4% |
| Amounts receivable within one year | 40/41 | €41,158 | €28,358 | -€12,800 | -31.1% |
| Trade receivables | 40 | €40,838 | €28,358 | -€12,480 | -30.6% |
| Other amounts receivable | 41 | €320 | - | -€320 | |
| Cash at bank and in hand | 54/58 | €4,545 | €11,685 | +€7,139 | +157.1% |
| Total equity and liabilities | 10/49 | €60,703 | €94,317 | +€33,614 | +55.4% |
| Equity | 10/15 | €32,948 | €46,644 | +€13,696 | +41.6% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €26,002 | €40,144 | +€14,141 | +54.4% |
| Distributable reserves | 133 | €26,002 | €40,144 | +€14,141 | +54.4% |
| Profit (loss) carried forward | 14 | €445 | - | -€445 | |
| Amounts payable | 17/49 | €27,755 | €47,674 | +€19,919 | +71.8% |
| Amounts payable after more than one year | 17 | - | €22,847 | +€22,847 | |
| Financial debts | 170/4 | - | €22,847 | +€22,847 | |
| Amounts payable within one year | 42/48 | €27,755 | €24,252 | -€3,503 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,153 | +€7,153 | |
| Trade debts | 44 | €8,103 | €7,320 | -€783 | -9.7% |
| Suppliers | 440/4 | €8,103 | €7,320 | -€783 | -9.7% |
| Taxes, remuneration and social security | 45 | €18,216 | €5,289 | -€12,927 | -71.0% |
| Taxes | 450/3 | €8,316 | €5,289 | -€3,027 | -36.4% |
| Remuneration and social security | 454/9 | €9,900 | - | -€9,900 | |
| Other amounts payable | 47/48 | €1,436 | €4,490 | +€3,054 | +212.6% |
| Accrued charges and deferred income | 492/3 | - | €575 | +€575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,225 | +€1,225 | |
| Other operating charges | 640/8 | €2,489 | €2,399 | -€90 | -3.6% |
| Gross operating margin | 9900 | €17,863 | €27,722 | +€9,859 | +55.2% |
| Operating profit (loss) | 9901 | €15,374 | €24,098 | +€8,725 | +56.8% |
| Financial charges | 65/66B | €2,551 | €2,563 | +€12 | +0.5% |
| Recurring financial charges | 65 | €2,551 | €2,563 | +€12 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €12,823 | €21,536 | +€8,713 | +68.0% |
| Income taxes | 67/77 | €4,377 | €7,007 | +€2,630 | +60.1% |
| Profit (loss) for the period | 9904 | €8,446 | €14,529 | +€6,083 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,446 | €14,529 | +€6,083 | +72.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.