NovoFibre: 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.
NovoFibre
Largest movements
- Current investments -€600,000
down €600,000 (-60.0%), from €1.0m to €400,000
- Receivables within one year +€330,971
up €330,971 (+247.3%), from €133,858 to €464,830
of which Trade receivables: +€301,579
- Tangible fixed assets -€118,056
down €118,056 (-41.5%), from €284,750 to €166,694
of which Plant, machinery and equipment: -€103,290
- Reserves -€385,523
down €385,523 (-36.7%), from €1.1m to €665,461
of which Distributable reserves: -€596,023
- Other debts -€160,000
down €160,000 (-76.2%), from €210,000 to €50,000
- Trade debts +€159,699
up €159,699 (+78.9%), from €202,391 to €362,089
- Accrued charges and deferred income -€16,823
down €16,823 (-98.1%), from €17,146 to €323
- Tax, wage and social debts +€15,435
up €15,435 (+218.9%), from €7,052 to €22,488
of which Remuneration and social security: +€17,092
- Turnover +€1.1m
up €1.1m (+32.7%), from €3.5m to €4.6m
- Services and other goods +€209,219
up €209,219 (+25.0%), from €837,226 to €1.0m
- Goods and materials +€185,917
up €185,917 (+8.1%), from €2.3m to €2.5m
- Taxes +€152,375
up €152,375 (+304.9%), from €49,970 to €202,345
- Staff costs +€135,815
up €135,815 (+337.4%), from €40,258 to €176,073
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.
Cash bridge derived
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 | €1,507,455 | €1,118,961 | -€388,494 | -25.8% |
| Fixed assets | 21/28 | €284,750 | €166,694 | -€118,056 | -41.5% |
| Tangible fixed assets | 22/27 | €284,750 | €166,694 | -€118,056 | -41.5% |
| Plant, machinery and equipment | 23 | €215,898 | €112,608 | -€103,290 | -47.8% |
| Furniture and vehicles | 24 | €16,205 | €9,234 | -€6,971 | -43.0% |
| Other tangible fixed assets | 26 | €52,647 | €44,851 | -€7,796 | -14.8% |
| Current assets | 29/58 | €1,222,705 | €952,267 | -€270,438 | -22.1% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €133,858 | €464,830 | +€330,971 | +247.3% |
| Trade receivables | 40 | €124,616 | €426,195 | +€301,579 | +242.0% |
| Other amounts receivable | 41 | €9,242 | €38,635 | +€29,393 | +318.0% |
| Current investments | 50/53 | €1,000,000 | €400,000 | -€600,000 | -60.0% |
| Other investments | 51/53 | €1,000,000 | €400,000 | -€600,000 | -60.0% |
| Cash at bank and in hand | 54/58 | €87,798 | €86,030 | -€1,768 | -2.0% |
| Deferred charges and accrued income | 490/1 | €1,048 | €1,407 | +€359 | +34.2% |
| Total equity and liabilities | 10/49 | €1,507,455 | €1,118,961 | -€388,494 | -25.8% |
| Equity | 10/15 | €1,069,584 | €684,061 | -€385,523 | -36.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,050,984 | €665,461 | -€385,523 | -36.7% |
| Tax-exempt reserves | 132 | - | €210,500 | +€210,500 | |
| Distributable reserves | 133 | €1,050,984 | €454,961 | -€596,023 | -56.7% |
| Amounts payable | 17/49 | €437,870 | €434,900 | -€2,971 | -0.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €420,725 | €434,577 | +€13,852 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €1,282 | €0 | -€1,282 | -100.0% |
| Trade debts | 44 | €202,391 | €362,089 | +€159,699 | +78.9% |
| Suppliers | 440/4 | €202,391 | €362,089 | +€159,699 | +78.9% |
| Taxes, remuneration and social security | 45 | €7,052 | €22,488 | +€15,435 | +218.9% |
| Taxes | 450/3 | €1,807 | €150 | -€1,657 | -91.7% |
| Remuneration and social security | 454/9 | €5,245 | €22,338 | +€17,092 | +325.9% |
| Other amounts payable | 47/48 | €210,000 | €50,000 | -€160,000 | -76.2% |
| Accrued charges and deferred income | 492/3 | €17,146 | €323 | -€16,823 | -98.1% |
| Operating income | 70/76A | €3,488,055 | €4,625,076 | +€1.1m | +32.6% |
| Turnover | 70 | €3,476,061 | €4,614,198 | +€1.1m | +32.7% |
| Other operating income | 74 | €11,994 | €10,877 | -€1,117 | -9.3% |
| Operating charges | 60/66A | €3,284,225 | €3,816,840 | +€532,615 | +16.2% |
| Goods for resale, raw materials and consumables | 60 | €2,289,589 | €2,475,506 | +€185,917 | +8.1% |
| Purchases | 600/8 | €2,289,589 | €2,475,506 | +€185,917 | +8.1% |
| Services and other goods | 61 | €837,226 | €1,046,445 | +€209,219 | +25.0% |
| Remuneration, social security and pensions | 62 | €40,258 | €176,073 | +€135,815 | +337.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,412 | €118,056 | +€1,644 | +1.4% |
| Other operating charges | 640/8 | €740 | €760 | +€20 | +2.8% |
| Operating profit (loss) | 9901 | €203,830 | €808,235 | +€604,406 | +296.5% |
| Financial income | 75/76B | €10,994 | €19,934 | +€8,940 | +81.3% |
| Recurring financial income | 75 | €10,994 | €19,934 | +€8,940 | +81.3% |
| Income from current assets | 751 | €10,948 | €19,934 | +€8,986 | +82.1% |
| Other financial income | 752/9 | €46 | €0 | -€46 | -100.0% |
| Financial charges | 65/66B | €17,151 | €11,347 | -€5,804 | -33.8% |
| Recurring financial charges | 65 | €17,151 | €11,347 | -€5,804 | -33.8% |
| Debt charges | 650 | €16,990 | €11,154 | -€5,835 | -34.3% |
| Other financial charges | 652/9 | €162 | €193 | +€31 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €197,672 | €816,822 | +€619,150 | +313.2% |
| Income taxes | 67/77 | €49,970 | €202,345 | +€152,375 | +304.9% |
| Taxes | 670/3 | €49,970 | €202,345 | +€152,375 | +304.9% |
| Profit (loss) for the period | 9904 | €147,702 | €614,477 | +€466,775 | +316.0% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | - | €210,500 | +€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €147,702 | €403,977 | +€256,275 | +173.5% |
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 11 October 2026 via checked.be.