NOVOMINE: 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.
NOVOMINE
Largest movements
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Receivables within one year +€13,920
up €13,920 (+83.4%), from €16,694 to €30,614
of which Trade receivables: +€13,920
- Tangible fixed assets +€7,622
up €7,622 (+388%), from €1,966 to €9,588
of which Furniture and vehicles: +€8,122
- Cash +€5,346
up €5,346 (+6.1%), from €87,504 to €92,850
mainly Other debts (+€39,900) and Current investments (+€20,000)
- Other debts +€39,900
up €39,900 (+10,189%), from €392 to €40,292
- Reserves -€25,991
down €25,991 (-22.5%), from €115,367 to €89,377
of which Non-distributable reserves: -€25,991
- Trade debts -€4,330
down €4,330 (-72.5%), from €5,974 to €1,645
- Gross operating margin +€14,492
up €14,492 (+1,257%), from €1,152 to €15,644
- Taxes +€5,030
up €5,030 (+827%), from €608 to €5,638
- Other operating charges -€3,719
down €3,719 (-65.4%), from €5,689 to €1,970
- Financial charges +€2,364
up €2,364 (+2,474%), from €96 to €2,459
- Depreciation +€390
up €390 (+39.5%), from €988 to €1,378
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 | €317,040 | €326,804 | +€9,764 | +3.1% |
| Fixed assets | 21/28 | €191,718 | €199,340 | +€7,622 | +4.0% |
| Tangible fixed assets | 22/27 | €1,966 | €9,588 | +€7,622 | +388% |
| Furniture and vehicles | 24 | €717 | €8,838 | +€8,122 | +1,133% |
| Other tangible fixed assets | 26 | €1,249 | €750 | -€500 | -40.0% |
| Financial fixed assets | 28 | €189,752 | €189,752 | = | 0.0% |
| Current assets | 29/58 | €125,323 | €127,465 | +€2,142 | +1.7% |
| Amounts receivable within one year | 40/41 | €16,694 | €30,614 | +€13,920 | +83.4% |
| Trade receivables | 40 | €14,620 | €28,540 | +€13,920 | +95.2% |
| Other amounts receivable | 41 | €2,074 | €2,074 | = | 0.0% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €87,504 | €92,850 | +€5,346 | +6.1% |
| Deferred charges and accrued income | 490/1 | €1,124 | €4,000 | +€2,876 | +256% |
| Total equity and liabilities | 10/49 | €317,040 | €326,804 | +€9,764 | +3.1% |
| Equity | 10/15 | €299,523 | €273,532 | -€25,991 | -8.7% |
| Contributions | 10/11 | €17,252 | €17,252 | = | 0.0% |
| Reserves | 13 | €115,367 | €89,377 | -€25,991 | -22.5% |
| Non-distributable reserves | 130/1 | €113,507 | €87,517 | -€25,991 | -22.9% |
| Reserves not available under the articles | 1311 | - | €87,517 | +€87,517 | |
| Own shares acquired | 1312 | €113,507 | - | -€113,507 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,904 | €166,904 | = | 0.0% |
| Amounts payable | 17/49 | €17,518 | €53,272 | +€35,754 | +204% |
| Amounts payable within one year | 42/48 | €17,518 | €53,272 | +€35,754 | +204% |
| Trade debts | 44 | €5,974 | €1,645 | -€4,330 | -72.5% |
| Suppliers | 440/4 | €5,974 | €1,645 | -€4,330 | -72.5% |
| Taxes, remuneration and social security | 45 | €11,152 | €11,336 | +€184 | +1.6% |
| Taxes | 450/3 | €11,152 | €11,336 | +€184 | +1.6% |
| Other amounts payable | 47/48 | €392 | €40,292 | +€39,900 | +10,189% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €988 | €1,378 | +€390 | +39.5% |
| Other operating charges | 640/8 | €5,689 | €1,970 | -€3,719 | -65.4% |
| Gross operating margin | 9900 | €1,152 | €15,644 | +€14,492 | +1,257% |
| Operating profit (loss) | 9901 | -€5,525 | €12,296 | +€17,821 | |
| Financial income | 75/76B | €9,835 | €9,710 | -€125 | -1.3% |
| Recurring financial income | 75 | €9,835 | €9,710 | -€125 | -1.3% |
| Financial charges | 65/66B | €96 | €2,459 | +€2,364 | +2,474% |
| Recurring financial charges | 65 | €96 | €2,459 | +€2,364 | +2,474% |
| Profit (loss) for the period before taxes | 9903 | €4,215 | €19,547 | +€15,332 | +364% |
| Income taxes | 67/77 | €608 | €5,638 | +€5,030 | +827% |
| Profit (loss) for the period | 9904 | €3,607 | €13,909 | +€10,302 | +286% |
| Profit (loss) for the period to be appropriated | 9905 | €3,607 | €13,909 | +€10,302 | +286% |
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.