NOVUM DESIGN: 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.
NOVUM DESIGN
Largest movements
- Tangible fixed assets +€15,861
up €15,861 (+82.0%), from €19,344 to €35,205
- Cash -€3,684
down €3,684 (-22.2%), from €16,608 to €12,925
mainly Investment in fixed assets (net) (-€21,762) and Trade debts (-€1,349)
- Receivables within one year -€2,167
down €2,167 (-14.8%), from €14,641 to €12,474
of which Trade receivables: -€5,759
- Other debts +€6,004
up €6,004 (+17.1%), from €35,142 to €41,146
- Profit (loss) carried forward +€4,445
up €4,445 (+65.1%), from -€6,828 to -€2,383
- Trade debts -€1,349
down €1,349 (-31.3%), from €4,313 to €2,964
- Gross operating margin +€21,525
up €21,525, from -€8,596 to €12,928
- Depreciation +€552
up €552 (+10.3%), from €5,350 to €5,902
- Other operating charges +€465
up €465 (+34.3%), from €1,356 to €1,821
- Financial charges +€173
up €173 (+26.7%), from €647 to €819
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 | €56,938 | €66,662 | +€9,724 | +17.1% |
| Fixed assets | 21/28 | €21,294 | €37,155 | +€15,861 | +74.5% |
| Tangible fixed assets | 22/27 | €19,344 | €35,205 | +€15,861 | +82.0% |
| Furniture and vehicles | 24 | €19,344 | €35,205 | +€15,861 | +82.0% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €35,644 | €29,508 | -€6,136 | -17.2% |
| Amounts receivable within one year | 40/41 | €14,641 | €12,474 | -€2,167 | -14.8% |
| Trade receivables | 40 | €14,482 | €8,722 | -€5,759 | -39.8% |
| Other amounts receivable | 41 | €159 | €3,751 | +€3,593 | +2,261% |
| Cash at bank and in hand | 54/58 | €16,608 | €12,925 | -€3,684 | -22.2% |
| Deferred charges and accrued income | 490/1 | €4,395 | €4,109 | -€286 | -6.5% |
| Total equity and liabilities | 10/49 | €56,938 | €66,662 | +€9,724 | +17.1% |
| Equity | 10/15 | €13,623 | €18,068 | +€4,445 | +32.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,828 | -€2,383 | +€4,445 | +65.1% |
| Amounts payable | 17/49 | €43,315 | €48,594 | +€5,279 | +12.2% |
| Amounts payable within one year | 42/48 | €43,315 | €48,594 | +€5,279 | +12.2% |
| Trade debts | 44 | €4,313 | €2,964 | -€1,349 | -31.3% |
| Suppliers | 440/4 | €4,313 | €2,964 | -€1,349 | -31.3% |
| Taxes, remuneration and social security | 45 | €3,860 | €4,483 | +€624 | +16.2% |
| Taxes | 450/3 | €260 | €283 | +€24 | +9.2% |
| Remuneration and social security | 454/9 | €3,600 | €4,200 | +€600 | +16.7% |
| Other amounts payable | 47/48 | €35,142 | €41,146 | +€6,004 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,350 | €5,902 | +€552 | +10.3% |
| Other operating charges | 640/8 | €1,356 | €1,821 | +€465 | +34.3% |
| Gross operating margin | 9900 | -€8,596 | €12,928 | +€21,525 | |
| Operating profit (loss) | 9901 | -€15,302 | €5,206 | +€20,508 | |
| Financial income | 75/76B | €14 | €82 | +€68 | +486% |
| Recurring financial income | 75 | €14 | €82 | +€68 | +486% |
| Financial charges | 65/66B | €647 | €819 | +€173 | +26.7% |
| Recurring financial charges | 65 | €647 | €819 | +€173 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,934 | €4,469 | +€20,403 | |
| Income taxes | 67/77 | €136 | €24 | -€112 | -82.5% |
| Profit (loss) for the period | 9904 | -€16,071 | €4,445 | +€20,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,071 | €4,445 | +€20,516 |
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 26 October 2026 via checked.be.