NOVO CLASS: 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.
NOVO CLASS
Largest movements
- Tangible fixed assets -€3,317
down €3,317 (-22.2%), from €14,926 to €11,609
- Cash -€2,880
down €2,880 (-51.2%), from €5,623 to €2,743
mainly Tax, wage and social debts (-€9,215) and Trade debts (-€2,478)
- Receivables within one year -€2,313
no longer reported in 2025 (was €2,313)
- Tax, wage and social debts -€9,215
down €9,215 (-52.3%), from €17,613 to €8,398
of which Remuneration and social security: -€8,114
- Trade debts -€2,478
down €2,478 (-31.5%), from €7,859 to €5,381
- Profit (loss) carried forward +€2,433
up €2,433 (+8.5%), from -€28,660 to -€26,227
- Other debts +€751
up €751 (+3.6%), from €21,050 to €21,801
- Gross operating margin +€49,857
up €49,857, from -€14,203 to €35,654
- Staff costs +€18,318
up €18,318 (+144%), from €12,729 to €31,047
- Depreciation +€1,658
up €1,658 (+100%), from €1,658 to €3,317
- Financial income +€1,340
up €1,340 (+497%), from €270 to €1,609
of which Financial income: +€1,340
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 | €22,862 | €14,352 | -€8,510 | -37.2% |
| Fixed assets | 21/28 | €14,926 | €11,609 | -€3,317 | -22.2% |
| Tangible fixed assets | 22/27 | €14,926 | €11,609 | -€3,317 | -22.2% |
| Plant, machinery and equipment | 23 | €14,926 | €11,609 | -€3,317 | -22.2% |
| Current assets | 29/58 | €7,936 | €2,743 | -€5,193 | -65.4% |
| Amounts receivable within one year | 40/41 | €2,313 | - | -€2,313 | |
| Other amounts receivable | 41 | €2,313 | - | -€2,313 | |
| Cash at bank and in hand | 54/58 | €5,623 | €2,743 | -€2,880 | -51.2% |
| Total equity and liabilities | 10/49 | €22,862 | €14,352 | -€8,510 | -37.2% |
| Equity | 10/15 | -€23,660 | -€21,227 | +€2,433 | +10.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,660 | -€26,227 | +€2,433 | +8.5% |
| Amounts payable | 17/49 | €46,522 | €35,579 | -€10,943 | -23.5% |
| Amounts payable within one year | 42/48 | €46,522 | €35,579 | -€10,943 | -23.5% |
| Trade debts | 44 | €7,859 | €5,381 | -€2,478 | -31.5% |
| Suppliers | 440/4 | €7,859 | €5,381 | -€2,478 | -31.5% |
| Taxes, remuneration and social security | 45 | €17,613 | €8,398 | -€9,215 | -52.3% |
| Taxes | 450/3 | €1,541 | €440 | -€1,101 | -71.5% |
| Remuneration and social security | 454/9 | €16,072 | €7,958 | -€8,114 | -50.5% |
| Other amounts payable | 47/48 | €21,050 | €21,801 | +€751 | +3.6% |
| Remuneration, social security and pensions | 62 | €12,729 | €31,047 | +€18,318 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,658 | €3,317 | +€1,658 | +100% |
| Other operating charges | 640/8 | €337 | €350 | +€13 | +3.9% |
| Gross operating margin | 9900 | -€14,203 | €35,654 | +€49,857 | |
| Operating profit (loss) | 9901 | -€28,928 | €940 | +€29,868 | |
| Financial income | 75/76B | €270 | €1,609 | +€1,340 | +497% |
| Recurring financial income | 75 | €270 | €1,609 | +€1,340 | +497% |
| Non-recurring financial income | 76B | €270 | €1,609 | +€1,340 | +497% |
| Financial charges | 65/66B | €2 | €116 | +€114 | +5,707% |
| Recurring financial charges | 65 | €2 | €116 | +€114 | +5,707% |
| Profit (loss) for the period before taxes | 9903 | -€28,660 | €2,433 | +€31,094 | |
| Profit (loss) for the period | 9904 | -€28,660 | €2,433 | +€31,094 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,660 | €2,433 | +€31,094 |
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 27 October 2026 via checked.be.