Novity IP: 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.
Novity IP
Largest movements
- Tangible fixed assets +€61,182
up €61,182 (+1,571%), from €3,893 to €65,075
of which Furniture and vehicles: +€61,580
- Cash -€60,519
down €60,519 (-50.8%), from €119,233 to €58,714
mainly Other debts (-€97,053) and Investment in fixed assets (net) (-€73,967)
- Current investments +€9,596
up €9,596 (+9.0%), from €106,034 to €115,629
- Reserves +€110,395
up €110,395 (+96.1%), from €114,848 to €225,243
- Other debts -€97,053
down €97,053 (-86.1%), from €112,669 to €15,616
- Tax, wage and social debts -€6,235
down €6,235 (-80.4%), from €7,750 to €1,515
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Current portion of long-term debt -€3,213
no longer reported in 2025 (was €3,213)
- Gross operating margin +€40,521
up €40,521 (+30.5%), from €132,751 to €173,271
- Taxes +€10,337
up €10,337 (+40.5%), from €25,499 to €35,836
- Depreciation -€2,406
down €2,406 (-15.8%), from €15,191 to €12,784
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 | €253,756 | €261,063 | +€7,307 | +2.9% |
| Fixed assets | 21/28 | €4,143 | €65,325 | +€61,182 | +1,477% |
| Tangible fixed assets | 22/27 | €3,893 | €65,075 | +€61,182 | +1,571% |
| Plant, machinery and equipment | 23 | €544 | €147 | -€397 | -73.0% |
| Furniture and vehicles | 24 | €3,349 | €64,928 | +€61,580 | +1,839% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €249,613 | €195,737 | -€53,875 | -21.6% |
| Amounts receivable within one year | 40/41 | €21,858 | €21,060 | -€799 | -3.7% |
| Trade receivables | 40 | €19,289 | €19,895 | +€606 | +3.1% |
| Other amounts receivable | 41 | €2,569 | €1,164 | -€1,405 | -54.7% |
| Current investments | 50/53 | €106,034 | €115,629 | +€9,596 | +9.0% |
| Cash at bank and in hand | 54/58 | €119,233 | €58,714 | -€60,519 | -50.8% |
| Deferred charges and accrued income | 490/1 | €2,487 | €334 | -€2,153 | -86.6% |
| Total equity and liabilities | 10/49 | €253,756 | €261,063 | +€7,307 | +2.9% |
| Equity | 10/15 | €127,248 | €243,843 | +€116,595 | +91.6% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €114,848 | €225,243 | +€110,395 | +96.1% |
| Distributable reserves | 133 | €114,848 | €225,243 | +€110,395 | +96.1% |
| Amounts payable | 17/49 | €126,509 | €17,220 | -€109,288 | -86.4% |
| Amounts payable within one year | 42/48 | €125,433 | €17,220 | -€108,213 | -86.3% |
| Current portion of amounts payable after more than one year | 42 | €3,213 | - | -€3,213 | |
| Trade debts | 44 | €1,800 | €88 | -€1,712 | -95.1% |
| Suppliers | 440/4 | €1,800 | €88 | -€1,712 | -95.1% |
| Taxes, remuneration and social security | 45 | €7,750 | €1,515 | -€6,235 | -80.4% |
| Taxes | 450/3 | €7,750 | €1,515 | -€6,235 | -80.4% |
| Other amounts payable | 47/48 | €112,669 | €15,616 | -€97,053 | -86.1% |
| Accrued charges and deferred income | 492/3 | €1,076 | - | -€1,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,191 | €12,784 | -€2,406 | -15.8% |
| Other operating charges | 640/8 | €832 | €527 | -€304 | -36.6% |
| Gross operating margin | 9900 | €132,751 | €173,271 | +€40,521 | +30.5% |
| Operating profit (loss) | 9901 | €116,728 | €159,960 | +€43,231 | +37.0% |
| Financial income | 75/76B | €499 | - | -€499 | |
| Recurring financial income | 75 | €499 | - | -€499 | |
| Financial charges | 65/66B | €152 | €126 | -€26 | -16.9% |
| Recurring financial charges | 65 | €152 | €126 | -€26 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €117,076 | €159,834 | +€42,758 | +36.5% |
| Income taxes | 67/77 | €25,499 | €35,836 | +€10,337 | +40.5% |
| Profit (loss) for the period | 9904 | €91,577 | €123,998 | +€32,421 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,577 | €123,998 | +€32,421 | +35.4% |
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 31 October 2026 via checked.be.