NOVOJY: 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.
NOVOJY
Largest movements
- Receivables within one year +€77,407
up €77,407 (+89.7%), from €86,339 to €163,746
of which Other amounts receivable: +€73,933
- Cash -€52,688
down €52,688 (-93.1%), from €56,590 to €3,902
mainly Contributions, distributions and other (-€132,156) and Receivables within one year (-€77,407)
- Tangible fixed assets -€13,290
down €13,290 (-13.9%), from €95,284 to €81,993
- Other debts +€39,157
up €39,157 (+42.1%), from €92,998 to €132,156
- Tax, wage and social debts -€17,004
down €17,004 (-28.7%), from €59,281 to €42,278
of which Taxes: -€13,217
- Debts after one year -€15,026
down €15,026 (-32.9%), from €45,674 to €30,648
- Trade debts +€4,564
up €4,564 (+239%), from €1,913 to €6,476
- Gross operating margin -€73,603
down €73,603 (-27.1%), from €271,283 to €197,680
- Taxes -€21,164
down €21,164 (-34.8%), from €60,772 to €39,608
- Financial income -€6,307
down €6,307 (-54.1%), from €11,663 to €5,356
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 | €244,394 | €255,464 | +€11,070 | +4.5% |
| Fixed assets | 21/28 | €95,284 | €81,993 | -€13,290 | -13.9% |
| Tangible fixed assets | 22/27 | €95,284 | €81,993 | -€13,290 | -13.9% |
| Furniture and vehicles | 24 | €95,284 | €81,993 | -€13,290 | -13.9% |
| Current assets | 29/58 | €149,110 | €173,470 | +€24,360 | +16.3% |
| Amounts receivable within one year | 40/41 | €86,339 | €163,746 | +€77,407 | +89.7% |
| Trade receivables | 40 | €21,338 | €24,812 | +€3,474 | +16.3% |
| Other amounts receivable | 41 | €65,001 | €138,934 | +€73,933 | +114% |
| Cash at bank and in hand | 54/58 | €56,590 | €3,902 | -€52,688 | -93.1% |
| Deferred charges and accrued income | 490/1 | €6,181 | €5,823 | -€359 | -5.8% |
| Total equity and liabilities | 10/49 | €244,394 | €255,464 | +€11,070 | +4.5% |
| Equity | 10/15 | €27,017 | €27,017 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,417 | €8,417 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,417 | €8,417 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €217,376 | €228,446 | +€11,070 | +5.1% |
| Amounts payable after more than one year | 17 | €45,674 | €30,648 | -€15,026 | -32.9% |
| Financial debts | 170/4 | €45,674 | €30,648 | -€15,026 | -32.9% |
| Amounts payable within one year | 42/48 | €171,595 | €197,282 | +€25,686 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €15,573 | €16,250 | +€676 | +4.3% |
| Financial debts | 43 | €1,830 | €122 | -€1,707 | -93.3% |
| Other loans | 439 | €1,830 | €122 | -€1,707 | -93.3% |
| Trade debts | 44 | €1,913 | €6,476 | +€4,564 | +239% |
| Suppliers | 440/4 | €1,913 | €6,476 | +€4,564 | +239% |
| Taxes, remuneration and social security | 45 | €59,281 | €42,278 | -€17,004 | -28.7% |
| Taxes | 450/3 | €55,495 | €42,278 | -€13,217 | -23.8% |
| Remuneration and social security | 454/9 | €3,787 | €0 | -€3,787 | -100% |
| Other amounts payable | 47/48 | €92,998 | €132,156 | +€39,157 | +42.1% |
| Accrued charges and deferred income | 492/3 | €107 | €517 | +€410 | +382% |
| Non-recurring operating income | 76A | €0 | €9,091 | +€9,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,236 | €27,780 | +€2,545 | +10.1% |
| Other operating charges | 640/8 | €877 | €965 | +€87 | +10.0% |
| Gross operating margin | 9900 | €271,283 | €197,680 | -€73,603 | -27.1% |
| Operating profit (loss) | 9901 | €245,170 | €168,935 | -€76,235 | -31.1% |
| Financial income | 75/76B | €11,663 | €5,356 | -€6,307 | -54.1% |
| Recurring financial income | 75 | €11,663 | €5,356 | -€6,307 | -54.1% |
| Financial charges | 65/66B | €3,063 | €2,528 | -€535 | -17.5% |
| Recurring financial charges | 65 | €3,063 | €2,528 | -€535 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €253,770 | €171,763 | -€82,007 | -32.3% |
| Income taxes | 67/77 | €60,772 | €39,608 | -€21,164 | -34.8% |
| Profit (loss) for the period | 9904 | €192,998 | €132,156 | -€60,843 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €192,998 | €132,156 | -€60,843 | -31.5% |
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 17 October 2026 via checked.be.