NOVITATE: 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.
NOVITATE
Largest movements
- Cash -€4,987
down €4,987 (-92.9%), from €5,370 to €382
mainly Net result for the year (-€3,263) and Current portion of long-term debt (-€2,399)
- Intangible fixed assets -€1,805
down €1,805 (-100.0%), from €1,805 to €0
- Receivables within one year -€1,377
down €1,377 (-97.4%), from €1,414 to €37
of which Trade receivables: -€1,403
- Profit (loss) carried forward -€3,263
down €3,263 (-49.7%), from -€6,572 to -€9,835
- Current portion of long-term debt -€2,399
down €2,399 (-57.6%), from €4,161 to €1,763
- Debts after one year -€1,763
down €1,763 (-100.0%), from €1,763 to €0
- Trade debts -€767
down €767 (-100.0%), from €767 to €0
- Gross operating margin -€9,771
down €9,771, from €9,259 to -€513
- Other operating charges -€688
down €688 (-47.3%), from €1,455 to €766
- Depreciation -€375
down €375 (-17.2%), from €2,180 to €1,805
- Financial charges -€122
down €122 (-38.9%), from €313 to €191
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 | €8,589 | €420 | -€8,170 | -95.1% |
| Fixed assets | 21/28 | €1,805 | €0 | -€1,805 | -100.0% |
| Intangible fixed assets | 21 | €1,805 | €0 | -€1,805 | -100.0% |
| Current assets | 29/58 | €6,784 | €420 | -€6,364 | -93.8% |
| Amounts receivable within one year | 40/41 | €1,414 | €37 | -€1,377 | -97.4% |
| Trade receivables | 40 | €1,403 | €0 | -€1,403 | -100.0% |
| Other amounts receivable | 41 | €11 | €37 | +€26 | +245.1% |
| Cash at bank and in hand | 54/58 | €5,370 | €382 | -€4,987 | -92.9% |
| Total equity and liabilities | 10/49 | €8,589 | €420 | -€8,170 | -95.1% |
| Equity | 10/15 | -€1,572 | -€4,835 | -€3,263 | -207.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€6,572 | -€9,835 | -€3,263 | -49.7% |
| Amounts payable | 17/49 | €10,161 | €5,255 | -€4,906 | -48.3% |
| Amounts payable after more than one year | 17 | €1,763 | €0 | -€1,763 | -100.0% |
| Financial debts | 170/4 | €1,763 | €0 | -€1,763 | -100.0% |
| Amounts payable within one year | 42/48 | €8,398 | €5,255 | -€3,144 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €4,161 | €1,763 | -€2,399 | -57.6% |
| Trade debts | 44 | €767 | €0 | -€767 | -100.0% |
| Suppliers | 440/4 | €767 | €0 | -€767 | -100.0% |
| Taxes, remuneration and social security | 45 | €33 | €0 | -€33 | -100.0% |
| Taxes | 450/3 | €33 | €0 | -€33 | -100.0% |
| Other amounts payable | 47/48 | €3,438 | €3,492 | +€54 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,180 | €1,805 | -€375 | -17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €1,455 | €766 | -€688 | -47.3% |
| Gross operating margin | 9900 | €9,259 | -€513 | -€9,771 | |
| Operating profit (loss) | 9901 | €5,624 | -€3,084 | -€8,708 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €313 | €191 | -€122 | -38.9% |
| Recurring financial charges | 65 | €313 | €191 | -€122 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €5,312 | -€3,263 | -€8,575 | |
| Profit (loss) for the period | 9904 | €5,312 | -€3,263 | -€8,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,312 | -€3,263 | -€8,575 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.