Novobric: what changed
What changed
Novobric
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€144,211
2024 · €157,071-€12,860
Equity
€2.5m
2024 · €2.4m+€144,211
Cash
€33,979
2024 · €259,857-€225,878
Balance sheet total
€10.8m
2024 · €8.3m+€2.6m
Largest movements
Assets
- Receivables within one year +€1.9m
up €1.9m (+1,602%), from €121,645 to €2.1m
of which Other amounts receivable: +€1.9m
- Deferred charges and accrued income +€544,338
up €544,338 (+6,039%), from €9,014 to €553,352
- Tangible fixed assets +€287,629
up €287,629 (+3.7%), from €7.7m to €8.0m
of which Land and buildings: +€301,427
- Cash -€225,878
down €225,878 (-86.9%), from €259,857 to €33,979
mainly Receivables within one year (-€1.9m) and Investment in fixed assets (net) (-€673,030)
Equity and liabilities
- Short-term financial debts +€3.3m
up €3.3m (+16,398%), from €20,256 to €3.3m
- Other debts -€452,684
down €452,684 (-98.1%), from €461,269 to €8,585
- Debts after one year -€452,147
down €452,147 (-9.1%), from €5.0m to €4.5m
- Reserves +€144,211
up €144,211 (+14.4%), from €1.0m to €1.1m
Income statement
- Depreciation +€71,252
up €71,252 (+22.7%), from €314,149 to €385,401
- Staff costs -€48,803
no longer reported in 2025 (was €48,803)
- Gross operating margin +€20,811
up €20,811 (+2.7%), from €767,898 to €788,709
- Other operating charges +€7,949
up €7,949 (+15.4%), from €51,586 to €59,535
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€157,071
Gross operating margin
+€20,811
Staff costs
+€48,803
Depreciation
-€71,252
Write-downs
-€1,510
Other operating charges
-€7,949
Financial income
-€1,622
Financial charges
-€1,632
Taxes
+€1,491
Result 2025
€144,211
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2.4m
Investment
-€673,030
Financing
+€2.9m
Cash 2024
€259,857
From operations (derived)
-€2.4m
Net result for the year
+€144,211
Depreciation
+€385,401
Receivables within one year
-€1.9m
Deferred charges and accrued income
-€544,338
Smaller working-capital items
-€15,815
Other debts
-€452,684
Investment (derived)
-€673,030
Investment in fixed assets (net)
-€673,030
Financing
+€2.9m
Debts after one year
-€452,147
Current portion of long-term debt
+€9,869
Short-term financial debts
+€3.3m
Cash 2025
€33,979
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,290,208 | €10,845,241 | +€2.6m | +30.8% |
| Fixed assets | 21/28 | €7,749,691 | €8,037,320 | +€287,629 | +3.7% |
| Tangible fixed assets | 22/27 | €7,749,691 | €8,037,320 | +€287,629 | +3.7% |
| Land and buildings | 22 | €7,506,916 | €7,808,343 | +€301,427 | +4.0% |
| Plant, machinery and equipment | 23 | €52,774 | €38,977 | -€13,798 | -26.1% |
| Other tangible fixed assets | 26 | €190,000 | €190,000 | = | 0.0% |
| Current assets | 29/58 | €540,517 | €2,807,921 | +€2.3m | +419% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €121,645 | €2,070,590 | +€1.9m | +1,602% |
| Trade receivables | 40 | €56,640 | €60,581 | +€3,941 | +7.0% |
| Other amounts receivable | 41 | €65,006 | €2,010,010 | +€1.9m | +2,992% |
| Cash at bank and in hand | 54/58 | €259,857 | €33,979 | -€225,878 | -86.9% |
| Deferred charges and accrued income | 490/1 | €9,014 | €553,352 | +€544,338 | +6,039% |
| Total equity and liabilities | 10/49 | €8,290,208 | €10,845,241 | +€2.6m | +30.8% |
| Equity | 10/15 | €2,379,898 | €2,524,109 | +€144,211 | +6.1% |
| Contributions | 10/11 | €1,375,162 | €1,375,162 | = | 0.0% |
| Reserves | 13 | €1,004,736 | €1,148,947 | +€144,211 | +14.4% |
| Distributable reserves | 133 | €1,004,736 | €1,148,947 | +€144,211 | +14.4% |
| Amounts payable | 17/49 | €5,910,310 | €8,321,132 | +€2.4m | +40.8% |
| Amounts payable after more than one year | 17 | €4,956,965 | €4,504,818 | -€452,147 | -9.1% |
| Financial debts | 170/4 | €4,956,965 | €4,504,818 | -€452,147 | -9.1% |
| Amounts payable within one year | 42/48 | €947,157 | €3,816,314 | +€2.9m | +303% |
| Current portion of amounts payable after more than one year | 42 | €442,277 | €452,147 | +€9,869 | +2.2% |
| Financial debts | 43 | €20,256 | €3,341,855 | +€3.3m | +16,398% |
| Credit institutions | 430/8 | €20,256 | €3,341,855 | +€3.3m | +16,398% |
| Trade debts | 44 | €19,683 | €13,727 | -€5,956 | -30.3% |
| Suppliers | 440/4 | €19,683 | €13,727 | -€5,956 | -30.3% |
| Taxes, remuneration and social security | 45 | €3,672 | - | -€3,672 | |
| Remuneration and social security | 454/9 | €3,672 | - | -€3,672 | |
| Other amounts payable | 47/48 | €461,269 | €8,585 | -€452,684 | -98.1% |
| Accrued charges and deferred income | 492/3 | €6,188 | - | -€6,188 | |
| Remuneration, social security and pensions | 62 | €48,803 | - | -€48,803 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314,149 | €385,401 | +€71,252 | +22.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,510 | - | +€1,510 | |
| Other operating charges | 640/8 | €51,586 | €59,535 | +€7,949 | +15.4% |
| Gross operating margin | 9900 | €767,898 | €788,709 | +€20,811 | +2.7% |
| Operating profit (loss) | 9901 | €354,870 | €343,773 | -€11,097 | -3.1% |
| Financial income | 75/76B | €5,865 | €4,243 | -€1,622 | -27.7% |
| Recurring financial income | 75 | €5,865 | €4,243 | -€1,622 | -27.7% |
| Financial charges | 65/66B | €150,931 | €152,563 | +€1,632 | +1.1% |
| Recurring financial charges | 65 | €150,931 | €152,563 | +€1,632 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €209,804 | €195,453 | -€14,351 | -6.8% |
| Income taxes | 67/77 | €52,733 | €51,242 | -€1,491 | -2.8% |
| Profit (loss) for the period | 9904 | €157,071 | €144,211 | -€12,860 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €157,071 | €144,211 | -€12,860 | -8.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.