NOVISO: 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.
NOVISO
Largest movements
- Receivables within one year +€215,518
up €215,518 (+69.2%), from €311,514 to €527,033
of which Trade receivables: +€226,441
- Stocks and contracts +€120,908
up €120,908 (+119%), from €101,258 to €222,166
- Other debts +€268,003
up €268,003 (+336%), from €79,786 to €347,789
- Trade debts +€45,519
up €45,519 (+27.3%), from €166,611 to €212,130
- Advances received +€31,265
up €31,265 (+18.7%), from €167,416 to €198,681
- Tax, wage and social debts -€13,922
down €13,922 (-50.4%), from €27,647 to €13,725
- Financial charges +€2,689
up €2,689 (+316%), from €852 to €3,540
- Taxes -€1,146
down €1,146 (-100%), from €1,146 to €0
- Gross operating margin -€223
down €223 (-1.9%), from €11,824 to €11,602
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €432,563 | €771,013 | +€338,450 | +78.2% |
| Fixed assets | 21/28 | €6,363 | €6,363 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,363 | €6,363 | = | 0.0% |
| Furniture and vehicles | 24 | €6,363 | €6,363 | = | 0.0% |
| Current assets | 29/58 | €426,200 | €764,650 | +€338,450 | +79.4% |
| Stocks and contracts in progress | 3 | €101,258 | €222,166 | +€120,908 | +119% |
| Stocks | 30/36 | €101,258 | €222,166 | +€120,908 | +119% |
| Amounts receivable within one year | 40/41 | €311,514 | €527,033 | +€215,518 | +69.2% |
| Trade receivables | 40 | €299,842 | €526,283 | +€226,441 | +75.5% |
| Other amounts receivable | 41 | €11,673 | €750 | -€10,923 | -93.6% |
| Cash at bank and in hand | 54/58 | €13,427 | €15,451 | +€2,024 | +15.1% |
| Total equity and liabilities | 10/49 | €432,563 | €771,013 | +€338,450 | +78.2% |
| Equity | 10/15 | -€8,898 | -€1,312 | +€7,585 | +85.2% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,698 | -€6,112 | +€7,585 | +55.4% |
| Amounts payable | 17/49 | €441,460 | €772,325 | +€330,865 | +74.9% |
| Amounts payable within one year | 42/48 | €441,460 | €772,325 | +€330,865 | +74.9% |
| Trade debts | 44 | €166,611 | €212,130 | +€45,519 | +27.3% |
| Suppliers | 440/4 | €166,611 | €212,130 | +€45,519 | +27.3% |
| Advances received on contracts in progress | 46 | €167,416 | €198,681 | +€31,265 | +18.7% |
| Taxes, remuneration and social security | 45 | €27,647 | €13,725 | -€13,922 | -50.4% |
| Taxes | 450/3 | €27,647 | €13,725 | -€13,922 | -50.4% |
| Other amounts payable | 47/48 | €79,786 | €347,789 | +€268,003 | +336% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €80 | +€80 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €11,824 | €11,602 | -€223 | -1.9% |
| Operating profit (loss) | 9901 | €11,437 | €11,122 | -€315 | -2.8% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €852 | €3,540 | +€2,689 | +316% |
| Recurring financial charges | 65 | €852 | €3,540 | +€2,689 | +316% |
| Profit (loss) for the period before taxes | 9903 | €10,586 | €7,585 | -€3,000 | -28.3% |
| Income taxes | 67/77 | €1,146 | €0 | -€1,146 | -100% |
| Profit (loss) for the period | 9904 | €9,439 | €7,585 | -€1,854 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,439 | €7,585 | -€1,854 | -19.6% |
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 18 October 2026 via checked.be.