NOVIREM: 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.
What changed
NOVIREM
NACE 87.301, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€186,104
2024 · €77,566+€108,538
Equity
€753,556
2024 · €904,133-€150,577
Cash
€219,365
2024 · €67,597+€151,768
Balance sheet total
€5.5m
2024 · €1.8m+€3.7m
Largest movements
Assets
- Financial fixed assets +€3.5m
new in 2025: €3.5m
- Cash +€151,768
up €151,768 (+225%), from €67,597 to €219,365
mainly Other debts (+€3.8m) and Net result for the year (+€186,104)
- Receivables within one year +€62,891
up €62,891 (+9.5%), from €661,634 to €724,525
of which Other amounts receivable: +€73,952
Equity and liabilities
- Other debts +€3.8m
up €3.8m (+7,093%), from €53,700 to €3.9m
- Profit (loss) carried forward -€150,577
down €150,577 (-100.0%), from €150,593 to €16
Income statement
- Gross operating margin +€103,034
up €103,034 (+5.6%), from €1.8m to €1.9m
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.
Result 2024
€77,566
Gross operating margin
+€103,034
Staff costs
-€4,920
Depreciation
+€3,283
Other operating charges
+€2,363
Financial income
-€239
Financial charges
+€3,513
Taxes
+€1,503
Result 2025
€186,104
raises the resultlowers the result
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.
From operations
+€4.0m
Investment
-€3.5m
Financing
-€337,635
Cash 2024
€67,597
From operations (derived)
+€4.0m
Net result for the year
+€186,104
Depreciation
+€59,160
Receivables within one year
-€62,891
Deferred charges and accrued income
+€8,891
Trade debts
+€32,192
Tax, wage and social debts
-€15,848
Other debts
+€3.8m
Accrued charges and deferred income
+€20,144
Investment (derived)
-€3.5m
Investment in fixed assets (net)
-€3.5m
Financing
-€337,635
Current portion of long-term debt
-€954
Contributions, distributions and other
-€336,681
Cash 2025
€219,365
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,803,813 | €5,497,751 | +€3.7m | +205% |
| Fixed assets | 21/28 | €1,065,566 | €4,553,736 | +€3.5m | +327% |
| Intangible fixed assets | 21 | €4,814 | €4,171 | -€643 | -13.4% |
| Tangible fixed assets | 22/27 | €1,060,753 | €1,023,565 | -€37,188 | -3.5% |
| Land and buildings | 22 | €658,791 | €634,481 | -€24,310 | -3.7% |
| Plant, machinery and equipment | 23 | €364,938 | €355,066 | -€9,873 | -2.7% |
| Furniture and vehicles | 24 | €37,023 | €34,018 | -€3,005 | -8.1% |
| Financial fixed assets | 28 | - | €3,526,000 | +€3.5m | |
| Current assets | 29/58 | €738,247 | €944,015 | +€205,768 | +27.9% |
| Amounts receivable within one year | 40/41 | €661,634 | €724,525 | +€62,891 | +9.5% |
| Trade receivables | 40 | €29,918 | €18,857 | -€11,061 | -37.0% |
| Other amounts receivable | 41 | €631,716 | €705,668 | +€73,952 | +11.7% |
| Cash at bank and in hand | 54/58 | €67,597 | €219,365 | +€151,768 | +225% |
| Deferred charges and accrued income | 490/1 | €9,016 | €125 | -€8,891 | -98.6% |
| Total equity and liabilities | 10/49 | €1,803,813 | €5,497,751 | +€3.7m | +205% |
| Equity | 10/15 | €904,133 | €753,556 | -€150,577 | -16.7% |
| Contributions | 10/11 | €23,540 | €23,540 | = | 0.0% |
| Revaluation surpluses | 12 | €530,020 | €510,022 | -€19,998 | -3.8% |
| Reserves | 13 | €199,980 | €219,978 | +€19,998 | +10.0% |
| Distributable reserves | 133 | €199,980 | €219,978 | +€19,998 | +10.0% |
| Profit (loss) carried forward | 14 | €150,593 | €16 | -€150,577 | -100.0% |
| Amounts payable | 17/49 | €899,680 | €4,744,195 | +€3.8m | +427% |
| Amounts payable after more than one year | 17 | €400,000 | €400,000 | = | 0.0% |
| Financial debts | 170/4 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €499,680 | €4,324,051 | +€3.8m | +765% |
| Current portion of amounts payable after more than one year | 42 | €127,262 | €126,307 | -€954 | -0.7% |
| Trade debts | 44 | €90,938 | €123,130 | +€32,192 | +35.4% |
| Suppliers | 440/4 | €90,938 | €123,130 | +€32,192 | +35.4% |
| Taxes, remuneration and social security | 45 | €227,781 | €211,933 | -€15,848 | -7.0% |
| Taxes | 450/3 | €4,833 | €11,755 | +€6,922 | +143% |
| Remuneration and social security | 454/9 | €222,948 | €200,178 | -€22,770 | -10.2% |
| Other amounts payable | 47/48 | €53,700 | €3,862,681 | +€3.8m | +7,093% |
| Accrued charges and deferred income | 492/3 | - | €20,144 | +€20,144 | |
| Remuneration, social security and pensions | 62 | €1,648,816 | €1,653,736 | +€4,920 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,443 | €59,160 | -€3,283 | -5.3% |
| Other operating charges | 640/8 | €6,388 | €4,025 | -€2,363 | -37.0% |
| Gross operating margin | 9900 | €1,845,201 | €1,948,234 | +€103,034 | +5.6% |
| Operating profit (loss) | 9901 | €127,553 | €231,313 | +€103,760 | +81.3% |
| Financial income | 75/76B | €8,851 | €8,612 | -€239 | -2.7% |
| Recurring financial income | 75 | €8,851 | €8,612 | -€239 | -2.7% |
| Financial charges | 65/66B | €29,005 | €25,492 | -€3,513 | -12.1% |
| Recurring financial charges | 65 | €29,005 | €25,492 | -€3,513 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €107,399 | €214,433 | +€107,034 | +99.7% |
| Income taxes | 67/77 | €29,833 | €28,330 | -€1,503 | -5.0% |
| Profit (loss) for the period | 9904 | €77,566 | €186,104 | +€108,538 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €77,566 | €186,104 | +€108,538 | +140% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.