NOVITIUM: 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
NOVITIUM
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3.0m
2024 · €13.1m-€10.1m
Equity
€33.7m
2024 · €30.7m+€3.0m
Cash
€102,074
2024 · €142,868-€40,793
Balance sheet total
€33.7m
2024 · €30.7m+€3.0m
Largest movements
Assets
- Receivables within one year +€1.5m
up €1.5m (+190.3%), from €811,500 to €2.4m
- Current investments +€1.5m
up €1.5m (+36.3%), from €4.1m to €5.6m
Equity and liabilities
- Profit (loss) carried forward +€3.0m
up €3.0m (+13.2%), from €22.7m to €25.7m
Income statement
- Financial income -€9.8m
down €9.8m (-75.8%), from €12.9m to €3.1m
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
€13.1m
Other operating charges
-€804
Other operating items
-€930
Financial income
-€9.8m
Financial charges
-€294,481
Taxes
-€20,626
Result 2025
€3.0m
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.
From operations
+€1.5m
Investment
-€1.5m
Financing
€0
Cash 2024
€142,868
From operations (derived)
+€1.5m
Net result for the year
+€3.0m
Receivables within one year
-€1.5m
Smaller working-capital items
+€11,457
Investment (derived)
-€1.5m
Current investments
-€1.5m
Cash 2025
€102,074
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,674,450 | €33,669,045 | +€3.0m | +9.8% |
| Fixed assets | 21/28 | €25,574,813 | €25,574,813 | = | 0.0% |
| Financial fixed assets | 28 | €25,574,813 | €25,574,813 | = | 0.0% |
| Affiliated companies | 280/1 | €19,489,404 | €19,489,404 | = | 0.0% |
| Participating interests | 280 | €19,489,404 | €19,489,404 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €6,085,409 | €6,085,409 | = | 0.0% |
| Participating interests | 282 | €6,085,409 | €6,085,409 | = | 0.0% |
| Current assets | 29/58 | €5,099,637 | €8,094,232 | +€3.0m | +58.7% |
| Amounts receivable within one year | 40/41 | €811,500 | €2,355,479 | +€1.5m | +190.3% |
| Other amounts receivable | 41 | €811,500 | €2,355,479 | +€1.5m | +190.3% |
| Current investments | 50/53 | €4,133,267 | €5,631,846 | +€1.5m | +36.3% |
| Other investments | 51/53 | €4,133,267 | €5,631,846 | +€1.5m | +36.3% |
| Cash at bank and in hand | 54/58 | €142,868 | €102,074 | -€40,793 | -28.6% |
| Deferred charges and accrued income | 490/1 | €12,002 | €4,833 | -€7,170 | -59.7% |
| Total equity and liabilities | 10/49 | €30,674,450 | €33,669,045 | +€3.0m | +9.8% |
| Equity | 10/15 | €30,671,434 | €33,661,742 | +€3.0m | +9.7% |
| Contributions | 10/11 | €7,991,227 | €7,991,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,680,208 | €25,670,515 | +€3.0m | +13.2% |
| Amounts payable | 17/49 | €3,016 | €7,303 | +€4,287 | +142.2% |
| Amounts payable within one year | 42/48 | €534 | €3,185 | +€2,652 | +496.9% |
| Trade debts | 44 | €534 | €3,185 | +€2,652 | +496.9% |
| Suppliers | 440/4 | €534 | €3,185 | +€2,652 | +496.9% |
| Accrued charges and deferred income | 492/3 | €2,482 | €4,118 | +€1,635 | +65.9% |
| Operating charges | 60/66A | €13,364 | €15,098 | +€1,734 | +13.0% |
| Services and other goods | 61 | €8,618 | €9,548 | +€930 | +10.8% |
| Other operating charges | 640/8 | €4,746 | €5,550 | +€804 | +16.9% |
| Operating profit (loss) | 9901 | -€13,364 | -€15,098 | -€1,734 | -13.0% |
| Financial income | 75/76B | €12,907,368 | €3,129,481 | -€9.8m | -75.8% |
| Recurring financial income | 75 | €12,907,368 | €3,129,481 | -€9.8m | -75.8% |
| Income from financial fixed assets | 750 | €12,609,957 | €2,964,133 | -€9.6m | -76.5% |
| Income from current assets | 751 | €73,112 | €152,393 | +€79,281 | +108.4% |
| Other financial income | 752/9 | €224,299 | €12,955 | -€211,343 | -94.2% |
| Financial charges | 65/66B | -€217,306 | €77,175 | +€294,481 | |
| Recurring financial charges | 65 | -€217,306 | €77,175 | +€294,481 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€421,524 | €57,029 | +€478,552 | |
| Other financial charges | 652/9 | €204,218 | €20,146 | -€184,072 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €13,111,310 | €3,037,208 | -€10.1m | -76.8% |
| Income taxes | 67/77 | €26,275 | €46,901 | +€20,626 | +78.5% |
| Taxes | 670/3 | €26,275 | €46,901 | +€20,626 | +78.5% |
| Profit (loss) for the period | 9904 | €13,085,036 | €2,990,307 | -€10.1m | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,085,036 | €2,990,307 | -€10.1m | -77.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.