NOVITA: 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.
NOVITA
Largest movements
- Stocks and contracts +€138,019
up €138,019 (+46.7%), from €295,317 to €433,337
- Receivables within one year -€107,133
down €107,133 (-90.5%), from €118,383 to €11,250
of which Other amounts receivable: -€110,764
- Cash +€88,499
up €88,499 (+23.5%), from €375,937 to €464,436
mainly Net result for the year (+€322,587) and Receivables within one year (+€107,133)
- Reserves +€71,795
up €71,795 (+13.3%), from €538,329 to €610,124
- Other debts +€68,434
up €68,434 (+81.5%), from €83,972 to €152,406
- Debts after one year -€24,881
down €24,881 (-5.9%), from €422,371 to €397,490
- Current portion of long-term debt -€19,768
down €19,768 (-33.5%), from €58,966 to €39,198
- Gross operating margin +€99,228
up €99,228 (+22.1%), from €449,383 to €548,611
- Taxes +€22,778
up €22,778 (+25.2%), from €90,231 to €113,008
- Financial income -€14,271
down €14,271 (-98.5%), from €14,491 to €220
- Depreciation -€9,061
down €9,061 (-20.6%), from €44,075 to €35,014
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 | €1,196,954 | €1,305,299 | +€108,344 | +9.1% |
| Fixed assets | 21/28 | €406,946 | €396,276 | -€10,670 | -2.6% |
| Tangible fixed assets | 22/27 | €406,946 | €396,276 | -€10,670 | -2.6% |
| Land and buildings | 22 | €393,800 | €369,427 | -€24,373 | -6.2% |
| Furniture and vehicles | 24 | €13,146 | €26,849 | +€13,703 | +104% |
| Current assets | 29/58 | €790,008 | €909,023 | +€119,014 | +15.1% |
| Stocks and contracts in progress | 3 | €295,317 | €433,337 | +€138,019 | +46.7% |
| Stocks | 30/36 | €295,317 | €433,337 | +€138,019 | +46.7% |
| Amounts receivable within one year | 40/41 | €118,383 | €11,250 | -€107,133 | -90.5% |
| Trade receivables | 40 | €7,619 | €11,250 | +€3,631 | +47.7% |
| Other amounts receivable | 41 | €110,764 | - | -€110,764 | |
| Cash at bank and in hand | 54/58 | €375,937 | €464,436 | +€88,499 | +23.5% |
| Deferred charges and accrued income | 490/1 | €371 | - | -€371 | |
| Total equity and liabilities | 10/49 | €1,196,954 | €1,305,299 | +€108,344 | +9.1% |
| Equity | 10/15 | €542,329 | €614,124 | +€71,795 | +13.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €538,329 | €610,124 | +€71,795 | +13.3% |
| Distributable reserves | 133 | €538,329 | €610,124 | +€71,795 | +13.3% |
| Amounts payable | 17/49 | €654,625 | €691,175 | +€36,550 | +5.6% |
| Amounts payable after more than one year | 17 | €422,371 | €397,490 | -€24,881 | -5.9% |
| Financial debts | 170/4 | €422,371 | €397,490 | -€24,881 | -5.9% |
| Amounts payable within one year | 42/48 | €232,254 | €293,685 | +€61,431 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €58,966 | €39,198 | -€19,768 | -33.5% |
| Trade debts | 44 | €23,146 | €24,571 | +€1,425 | +6.2% |
| Suppliers | 440/4 | €23,146 | €24,571 | +€1,425 | +6.2% |
| Taxes, remuneration and social security | 45 | €66,170 | €77,510 | +€11,340 | +17.1% |
| Taxes | 450/3 | €53,929 | €63,976 | +€10,048 | +18.6% |
| Remuneration and social security | 454/9 | €12,241 | €13,533 | +€1,292 | +10.6% |
| Other amounts payable | 47/48 | €83,972 | €152,406 | +€68,434 | +81.5% |
| Remuneration, social security and pensions | 62 | €62,726 | €63,649 | +€923 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,075 | €35,014 | -€9,061 | -20.6% |
| Other operating charges | 640/8 | €4,603 | €5,982 | +€1,380 | +30.0% |
| Non-recurring operating charges | 66A | €913 | €401 | -€512 | -56.1% |
| Gross operating margin | 9900 | €449,383 | €548,611 | +€99,228 | +22.1% |
| Operating profit (loss) | 9901 | €337,068 | €443,566 | +€106,498 | +31.6% |
| Financial income | 75/76B | €14,491 | €220 | -€14,271 | -98.5% |
| Recurring financial income | 75 | €14,491 | €220 | -€14,271 | -98.5% |
| Financial charges | 65/66B | €10,536 | €8,191 | -€2,345 | -22.3% |
| Recurring financial charges | 65 | €10,536 | €8,191 | -€2,345 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €341,023 | €435,595 | +€94,572 | +27.7% |
| Income taxes | 67/77 | €90,231 | €113,008 | +€22,778 | +25.2% |
| Profit (loss) for the period | 9904 | €250,792 | €322,587 | +€71,795 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €250,792 | €322,587 | +€71,795 | +28.6% |
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 29 October 2026 via checked.be.