NOVOO BUILD: what changed
NOVOO BUILD
Largest movements
- Receivables within one year +€45,749
up €45,749 (+191%), from €23,970 to €69,719
of which Trade receivables: +€37,274
- Cash -€6,631
down €6,631 (-62.4%), from €10,622 to €3,991
mainly Receivables within one year (-€45,749)
- Tangible fixed assets -€5,358
down €5,358 (-83.6%), from €6,408 to €1,050
- Profit (loss) carried forward +€28,556
up €28,556 (+97.4%), from €29,304 to €57,860
- Tax, wage and social debts +€2,795
up €2,795 (+54.3%), from €5,146 to €7,942
- Trade debts +€2,408
up €2,408 (+67.8%), from €3,550 to €5,959
of which Suppliers: +€2,877
- Gross operating margin +€12,817
up €12,817 (+42.7%), from €30,040 to €42,857
- Taxes +€2,904
up €2,904 (+56.4%), from €5,146 to €8,050
- Other operating charges -€457
down €457 (-39.6%), from €1,155 to €698
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,001 | €74,760 | +€33,760 | +82.3% |
| Fixed assets | 21/28 | €6,408 | €1,050 | -€5,358 | -83.6% |
| Tangible fixed assets | 22/27 | €6,408 | €1,050 | -€5,358 | -83.6% |
| Furniture and vehicles | 24 | €6,408 | €1,050 | -€5,358 | -83.6% |
| Current assets | 29/58 | €34,593 | €73,710 | +€39,118 | +113% |
| Amounts receivable within one year | 40/41 | €23,970 | €69,719 | +€45,749 | +191% |
| Trade receivables | 40 | €4,475 | €41,749 | +€37,274 | +833% |
| Other amounts receivable | 41 | €19,496 | €27,970 | +€8,475 | +43.5% |
| Cash at bank and in hand | 54/58 | €10,622 | €3,991 | -€6,631 | -62.4% |
| Total equity and liabilities | 10/49 | €41,001 | €74,760 | +€33,760 | +82.3% |
| Equity | 10/15 | €32,304 | €60,860 | +€28,556 | +88.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,304 | €57,860 | +€28,556 | +97.4% |
| Amounts payable | 17/49 | €8,697 | €13,901 | +€5,204 | +59.8% |
| Amounts payable within one year | 42/48 | €8,697 | €13,901 | +€5,204 | +59.8% |
| Trade debts | 44 | €3,550 | €5,959 | +€2,408 | +67.8% |
| Suppliers | 440/4 | €1,004 | €3,881 | +€2,877 | +286% |
| Bills of exchange payable | 441 | €2,546 | €2,078 | -€468 | -18.4% |
| Taxes, remuneration and social security | 45 | €5,146 | €7,942 | +€2,795 | +54.3% |
| Taxes | 450/3 | €5,146 | €7,942 | +€2,795 | +54.3% |
| Remuneration, social security and pensions | 62 | €136 | - | -€136 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,357 | €5,358 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,155 | €698 | -€457 | -39.6% |
| Gross operating margin | 9900 | €30,040 | €42,857 | +€12,817 | +42.7% |
| Operating profit (loss) | 9901 | €23,393 | €36,801 | +€13,408 | +57.3% |
| Financial charges | 65/66B | €327 | €195 | -€132 | -40.3% |
| Recurring financial charges | 65 | €327 | €195 | -€132 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €23,067 | €36,606 | +€13,540 | +58.7% |
| Income taxes | 67/77 | €5,146 | €8,050 | +€2,904 | +56.4% |
| Profit (loss) for the period | 9904 | €17,920 | €28,556 | +€10,636 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,920 | €28,556 | +€10,636 | +59.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.