NOVIUM: 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.
NOVIUM
Largest movements
- Cash +€22,161
up €22,161 (+20.6%), from €107,461 to €129,622
mainly Net result for the year (+€37,092) and Receivables within one year (+€17,221)
- Receivables within one year -€17,221
down €17,221 (-67.1%), from €25,656 to €8,435
of which Trade receivables: -€17,451
- Tangible fixed assets -€3,397
down €3,397 (-28.7%), from €11,845 to €8,449
of which Furniture and vehicles: -€5,154
- Deferred charges and accrued income +€2,677
up €2,677 (+183%), from €1,463 to €4,140
- Profit (loss) carried forward +€37,092
new in 2025: €37,092
- Reserves -€31,160
down €31,160 (-24.5%), from €126,948 to €95,788
- Other debts -€1,552
down €1,552 (-95.1%), from €1,631 to €80
- Taxes -€3,654
down €3,654 (-27.8%), from €13,126 to €9,471
- Gross operating margin +€3,188
up €3,188 (+6.2%), from €51,806 to €54,994
- Financial charges +€1,772
up €1,772 (+300%), from €591 to €2,363
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 | €146,425 | €150,646 | +€4,221 | +2.9% |
| Fixed assets | 21/28 | €11,845 | €8,449 | -€3,397 | -28.7% |
| Tangible fixed assets | 22/27 | €11,845 | €8,449 | -€3,397 | -28.7% |
| Land and buildings | 22 | €5,337 | €4,693 | -€644 | -12.1% |
| Plant, machinery and equipment | 23 | - | €2,401 | +€2,401 | |
| Furniture and vehicles | 24 | €6,508 | €1,354 | -€5,154 | -79.2% |
| Current assets | 29/58 | €134,580 | €142,197 | +€7,618 | +5.7% |
| Amounts receivable within one year | 40/41 | €25,656 | €8,435 | -€17,221 | -67.1% |
| Trade receivables | 40 | €18,483 | €1,032 | -€17,451 | -94.4% |
| Other amounts receivable | 41 | €7,173 | €7,403 | +€230 | +3.2% |
| Cash at bank and in hand | 54/58 | €107,461 | €129,622 | +€22,161 | +20.6% |
| Deferred charges and accrued income | 490/1 | €1,463 | €4,140 | +€2,677 | +183% |
| Total equity and liabilities | 10/49 | €146,425 | €150,646 | +€4,221 | +2.9% |
| Equity | 10/15 | €139,348 | €145,280 | +€5,932 | +4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €126,948 | €95,788 | -€31,160 | -24.5% |
| Distributable reserves | 133 | €126,948 | €95,788 | -€31,160 | -24.5% |
| Profit (loss) carried forward | 14 | - | €37,092 | +€37,092 | |
| Amounts payable | 17/49 | €7,076 | €5,366 | -€1,711 | -24.2% |
| Amounts payable within one year | 42/48 | €6,176 | €4,423 | -€1,754 | -28.4% |
| Trade debts | 44 | €1,212 | €316 | -€895 | -73.9% |
| Suppliers | 440/4 | €1,212 | €316 | -€895 | -73.9% |
| Taxes, remuneration and social security | 45 | €3,334 | €4,027 | +€693 | +20.8% |
| Taxes | 450/3 | €3,334 | €4,027 | +€693 | +20.8% |
| Other amounts payable | 47/48 | €1,631 | €80 | -€1,552 | -95.1% |
| Accrued charges and deferred income | 492/3 | €900 | €943 | +€43 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,480 | €4,147 | -€332 | -7.4% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Non-recurring operating charges | 66A | - | €1,925 | +€1,925 | |
| Gross operating margin | 9900 | €51,806 | €54,994 | +€3,188 | +6.2% |
| Operating profit (loss) | 9901 | €46,939 | €48,922 | +€1,983 | +4.2% |
| Financial income | 75/76B | €115 | €5 | -€109 | -95.5% |
| Recurring financial income | 75 | €115 | €5 | -€109 | -95.5% |
| Financial charges | 65/66B | €591 | €2,363 | +€1,772 | +300% |
| Recurring financial charges | 65 | €591 | €2,363 | +€1,772 | +300% |
| Profit (loss) for the period before taxes | 9903 | €46,462 | €46,563 | +€101 | +0.2% |
| Income taxes | 67/77 | €13,126 | €9,471 | -€3,654 | -27.8% |
| Profit (loss) for the period | 9904 | €33,337 | €37,092 | +€3,755 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,337 | €37,092 | +€3,755 | +11.3% |
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 21 October 2026 via checked.be.