NOVOVIO: 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.
NOVOVIO
Largest movements
- Receivables within one year +€10,461
up €10,461 (+29.9%), from €34,993 to €45,454
of which Trade receivables: +€11,708
- Cash -€4,466
down €4,466 (-9.5%), from €47,053 to €42,587
mainly Contributions, distributions and other (-€80,916) and Receivables within one year (-€10,461)
- Tangible fixed assets -€3,666
down €3,666 (-30.0%), from €12,241 to €8,575
of which Furniture and vehicles: -€2,637
- Tax, wage and social debts +€4,306
up €4,306 (+58.1%), from €7,408 to €11,714
- Other debts -€1,017
down €1,017 (-1.2%), from €82,073 to €81,056
- Taxes +€7,258
up €7,258 (+32.6%), from €22,254 to €29,512
- Gross operating margin +€6,717
up €6,717 (+6.1%), from €109,868 to €116,584
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 | €94,433 | €96,863 | +€2,430 | +2.6% |
| Fixed assets | 21/28 | €12,241 | €8,575 | -€3,666 | -30.0% |
| Tangible fixed assets | 22/27 | €12,241 | €8,575 | -€3,666 | -30.0% |
| Plant, machinery and equipment | 23 | €3,385 | €2,356 | -€1,030 | -30.4% |
| Furniture and vehicles | 24 | €8,856 | €6,219 | -€2,637 | -29.8% |
| Current assets | 29/58 | €82,192 | €88,288 | +€6,096 | +7.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €34,993 | €45,454 | +€10,461 | +29.9% |
| Trade receivables | 40 | €25,500 | €37,208 | +€11,708 | +45.9% |
| Other amounts receivable | 41 | €9,493 | €8,246 | -€1,246 | -13.1% |
| Cash at bank and in hand | 54/58 | €47,053 | €42,587 | -€4,466 | -9.5% |
| Deferred charges and accrued income | 490/1 | €146 | €247 | +€101 | +68.9% |
| Total equity and liabilities | 10/49 | €94,433 | €96,863 | +€2,430 | +2.6% |
| Equity | 10/15 | €3,774 | €3,700 | -€74 | -2.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,200 | €1,200 | = | 0.0% |
| Distributable reserves | 133 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74 | €0 | -€74 | -100% |
| Amounts payable | 17/49 | €90,660 | €93,163 | +€2,503 | +2.8% |
| Amounts payable within one year | 42/48 | €90,660 | €93,163 | +€2,503 | +2.8% |
| Financial debts | 43 | €181 | €61 | -€120 | -66.1% |
| Credit institutions | 430/8 | €181 | €61 | -€120 | -66.1% |
| Trade debts | 44 | €997 | €331 | -€666 | -66.8% |
| Suppliers | 440/4 | €997 | €331 | -€666 | -66.8% |
| Taxes, remuneration and social security | 45 | €7,408 | €11,714 | +€4,306 | +58.1% |
| Taxes | 450/3 | €7,408 | €11,714 | +€4,306 | +58.1% |
| Other amounts payable | 47/48 | €82,073 | €81,056 | -€1,017 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,181 | €4,889 | +€708 | +16.9% |
| Other operating charges | 640/8 | €840 | €675 | -€165 | -19.7% |
| Gross operating margin | 9900 | €109,868 | €116,584 | +€6,717 | +6.1% |
| Operating profit (loss) | 9901 | €104,847 | €111,021 | +€6,174 | +5.9% |
| Financial income | 75/76B | €4 | €9 | +€6 | +155% |
| Recurring financial income | 75 | €4 | €9 | +€6 | +155% |
| Financial charges | 65/66B | €580 | €676 | +€95 | +16.4% |
| Recurring financial charges | 65 | €580 | €676 | +€95 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €104,270 | €110,355 | +€6,085 | +5.8% |
| Income taxes | 67/77 | €22,254 | €29,512 | +€7,258 | +32.6% |
| Profit (loss) for the period | 9904 | €82,016 | €80,843 | -€1,174 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,016 | €80,843 | -€1,174 | -1.4% |
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 27 October 2026 via checked.be.