NOVOTO - VANNESTE: 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.
NOVOTO - VANNESTE
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€159,191
down €159,191 (-39.7%), from €400,998 to €241,807
mainly Current investments (-€200,000) and Stocks and contracts (-€100,005)
- Receivables within one year -€135,091
down €135,091 (-31.4%), from €430,461 to €295,369
of which Other amounts receivable: -€135,178
- Stocks and contracts +€100,005
up €100,005 (+57.6%), from €173,493 to €273,499
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€6,117
up €6,117 (+263%), from €2,328 to €8,445
- Gross operating margin +€5,592
up €5,592 (+85.6%), from -€6,536 to -€944
- Other operating charges +€1,775
up €1,775 (+353%), from €502 to €2,277
- Financial charges +€348
up €348 (+48.1%), from €723 to €1,071
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 | €1,009,947 | €1,014,685 | +€4,737 | +0.5% |
| Fixed assets | 21/28 | €4,358 | €3,358 | -€1,000 | -22.9% |
| Financial fixed assets | 28 | €4,358 | €3,358 | -€1,000 | -22.9% |
| Current assets | 29/58 | €1,005,589 | €1,011,327 | +€5,737 | +0.6% |
| Stocks and contracts in progress | 3 | €173,493 | €273,499 | +€100,005 | +57.6% |
| Stocks | 30/36 | €173,493 | €273,499 | +€100,005 | +57.6% |
| Amounts receivable within one year | 40/41 | €430,461 | €295,369 | -€135,091 | -31.4% |
| Trade receivables | 40 | - | €87 | +€87 | |
| Other amounts receivable | 41 | €430,461 | €295,282 | -€135,178 | -31.4% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €400,998 | €241,807 | -€159,191 | -39.7% |
| Deferred charges and accrued income | 490/1 | €637 | €652 | +€15 | +2.3% |
| Total equity and liabilities | 10/49 | €1,009,947 | €1,014,685 | +€4,737 | +0.5% |
| Equity | 10/15 | €258,992 | €263,145 | +€4,153 | +1.6% |
| Contributions | 10/11 | €322,000 | €322,000 | = | 0.0% |
| Capital | 10 | €322,000 | €322,000 | = | 0.0% |
| Issued capital | 100 | €322,000 | €322,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,208 | -€65,055 | +€4,153 | +6.0% |
| Amounts payable | 17/49 | €750,955 | €751,540 | +€585 | +0.1% |
| Amounts payable within one year | 42/48 | €750,955 | €751,540 | +€585 | +0.1% |
| Trade debts | 44 | €955 | €1,540 | +€585 | +61.2% |
| Suppliers | 440/4 | €955 | €1,540 | +€585 | +61.2% |
| Other amounts payable | 47/48 | €750,000 | €750,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €6,185 | +€6,185 | |
| Other operating charges | 640/8 | €502 | €2,277 | +€1,775 | +353% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€6,536 | -€944 | +€5,592 | +85.6% |
| Operating profit (loss) | 9901 | -€7,039 | -€3,221 | +€3,817 | +54.2% |
| Financial income | 75/76B | €2,328 | €8,445 | +€6,117 | +263% |
| Recurring financial income | 75 | €2,328 | €8,445 | +€6,117 | +263% |
| Financial charges | 65/66B | €723 | €1,071 | +€348 | +48.1% |
| Recurring financial charges | 65 | €723 | €1,071 | +€348 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,434 | €4,153 | +€9,586 | |
| Profit (loss) for the period | 9904 | -€5,434 | €4,153 | +€9,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,434 | €4,153 | +€9,586 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.