NOVOBIOM: 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.
NOVOBIOM
Largest movements
- Intangible fixed assets +€735,247
up €735,247 (+57.5%), from €1.3m to €2.0m
- Cash -€623,630
down €623,630 (-45.0%), from €1.4m to €761,750
mainly Investment in fixed assets (net) (-€1.4m) and Net result for the year (-€832,803)
- Tangible fixed assets +€153,994
up €153,994 (+270%), from €56,972 to €210,966
- Profit (loss) carried forward -€832,803
down €832,803 (-135%), from -€616,811 to -€1.4m
- Investment grants +€682,365
up €682,365 (+76.5%), from €892,081 to €1.6m
- Other debts +€259,506
up €259,506 (+47.3%), from €548,476 to €807,982
- Accrued charges and deferred income +€93,525
up €93,525 (+119%), from €78,837 to €172,362
- Trade debts -€43,359
down €43,359 (-23.7%), from €183,073 to €139,714
- Gross operating margin -€373,430
down €373,430 (-58.1%), from €643,077 to €269,646
- Staff costs +€372,426
up €372,426 (+96.7%), from €385,200 to €757,626
- Financial income +€261,324
up €261,324 (+274%), from €95,502 to €356,826
- Financial charges +€94,588
up €94,588 (+105%), from €90,425 to €185,013
- Depreciation -€47,880
down €47,880 (-8.5%), from €563,685 to €515,804
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 | €3,673,684 | €3,915,407 | +€241,724 | +6.6% |
| Fixed assets | 21/28 | €1,348,048 | €2,238,885 | +€890,838 | +66.1% |
| Intangible fixed assets | 21 | €1,279,138 | €2,014,385 | +€735,247 | +57.5% |
| Tangible fixed assets | 22/27 | €56,972 | €210,966 | +€153,994 | +270% |
| Land and buildings | 22 | - | €9,923 | +€9,923 | |
| Plant, machinery and equipment | 23 | €25,508 | €66,547 | +€41,039 | +161% |
| Furniture and vehicles | 24 | €15,518 | €11,553 | -€3,964 | -25.5% |
| Leasing and similar rights | 25 | - | €60,583 | +€60,583 | |
| Other tangible fixed assets | 26 | €15,946 | €62,360 | +€46,414 | +291% |
| Financial fixed assets | 28 | €11,938 | €13,534 | +€1,597 | +13.4% |
| Current assets | 29/58 | €2,325,636 | €1,676,522 | -€649,114 | -27.9% |
| Amounts receivable within one year | 40/41 | €939,730 | €913,320 | -€26,411 | -2.8% |
| Trade receivables | 40 | €151,930 | €87,385 | -€64,546 | -42.5% |
| Other amounts receivable | 41 | €787,800 | €825,935 | +€38,135 | +4.8% |
| Cash at bank and in hand | 54/58 | €1,385,380 | €761,750 | -€623,630 | -45.0% |
| Deferred charges and accrued income | 490/1 | €526 | €1,452 | +€926 | +176% |
| Total equity and liabilities | 10/49 | €3,673,684 | €3,915,407 | +€241,724 | +6.6% |
| Equity | 10/15 | €795,730 | €645,292 | -€150,438 | -18.9% |
| Contributions | 10/11 | €518,600 | €518,600 | = | 0.0% |
| Capital | 10 | €518,600 | €518,600 | = | 0.0% |
| Issued capital | 100 | €518,600 | €518,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€616,811 | -€1,449,614 | -€832,803 | -135% |
| Investment grants | 15 | €892,081 | €1,574,446 | +€682,365 | +76.5% |
| Amounts payable | 17/49 | €2,877,953 | €3,270,115 | +€392,162 | +13.6% |
| Amounts payable after more than one year | 17 | €1,970,950 | €2,013,640 | +€42,690 | +2.2% |
| Financial debts | 170/4 | €1,970,950 | €2,013,640 | +€42,690 | +2.2% |
| Amounts payable within one year | 42/48 | €828,167 | €1,084,113 | +€255,947 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,476 | +€9,476 | |
| Trade debts | 44 | €183,073 | €139,714 | -€43,359 | -23.7% |
| Suppliers | 440/4 | €183,073 | €139,714 | -€43,359 | -23.7% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €86,618 | €126,942 | +€40,324 | +46.6% |
| Taxes | 450/3 | - | €7,318 | +€7,318 | |
| Remuneration and social security | 454/9 | €86,618 | €119,624 | +€33,006 | +38.1% |
| Other amounts payable | 47/48 | €548,476 | €807,982 | +€259,506 | +47.3% |
| Accrued charges and deferred income | 492/3 | €78,837 | €172,362 | +€93,525 | +119% |
| Non-recurring operating income | 76A | - | €117 | +€117 | |
| Remuneration, social security and pensions | 62 | €385,200 | €757,626 | +€372,426 | +96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €563,685 | €515,804 | -€47,880 | -8.5% |
| Other operating charges | 640/8 | €33,608 | €832 | -€32,776 | -97.5% |
| Gross operating margin | 9900 | €643,077 | €269,646 | -€373,430 | -58.1% |
| Operating profit (loss) | 9901 | -€339,416 | -€1,004,616 | -€665,201 | -196% |
| Financial income | 75/76B | €95,502 | €356,826 | +€261,324 | +274% |
| Recurring financial income | 75 | €95,502 | €356,826 | +€261,324 | +274% |
| Financial charges | 65/66B | €90,425 | €185,013 | +€94,588 | +105% |
| Recurring financial charges | 65 | €90,425 | €185,013 | +€94,588 | +105% |
| Profit (loss) for the period before taxes | 9903 | -€334,339 | -€832,803 | -€498,465 | -149% |
| Profit (loss) for the period | 9904 | -€334,339 | -€832,803 | -€498,465 | -149% |
| Profit (loss) for the period to be appropriated | 9905 | -€334,339 | -€832,803 | -€498,465 | -149% |
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 29 October 2026 via checked.be.