Novus-R: 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.
Novus-R
Largest movements
- Tangible fixed assets -€10,797
down €10,797 (-3.6%), from €296,506 to €285,709
of which Plant, machinery and equipment: -€16,669
- Receivables within one year -€8,081
down €8,081 (-23.0%), from €35,085 to €27,004
of which Trade receivables: -€8,237
- Current portion of long-term debt -€49,421
down €49,421 (-77.0%), from €64,158 to €14,737
- Debts after one year +€35,263
up €35,263 (+14.2%), from €248,394 to €283,656
- Other debts +€12,543
up €12,543 (+29.4%), from €42,657 to €55,200
- Accrued charges and deferred income -€6,922
down €6,922 (-100.0%), from €6,925 to €3
- Trade debts -€6,557
down €6,557 (-36.4%), from €17,993 to €11,436
- Gross operating margin +€45,091
up €45,091 (+208%), from €21,703 to €66,795
- Staff costs -€12,928
down €12,928 (-39.7%), from €32,567 to €19,639
- Other operating charges +€5,147
up €5,147 (+168%), from €3,056 to €8,203
- Financial charges +€1,471
up €1,471 (+10.2%), from €14,462 to €15,933
- Depreciation +€1,344
up €1,344 (+6.7%), from €20,037 to €21,381
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 | €336,154 | €320,965 | -€15,189 | -4.5% |
| Fixed assets | 21/28 | €296,506 | €285,709 | -€10,797 | -3.6% |
| Tangible fixed assets | 22/27 | €296,506 | €285,709 | -€10,797 | -3.6% |
| Land and buildings | 22 | €265,311 | €273,095 | +€7,783 | +2.9% |
| Plant, machinery and equipment | 23 | €26,420 | €9,752 | -€16,669 | -63.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €4,775 | €2,863 | -€1,912 | -40.0% |
| Current assets | 29/58 | €39,648 | €35,256 | -€4,392 | -11.1% |
| Stocks and contracts in progress | 3 | €2,482 | €1,563 | -€919 | -37.0% |
| Stocks | 30/36 | €2,482 | €1,563 | -€919 | -37.0% |
| Amounts receivable within one year | 40/41 | €35,085 | €27,004 | -€8,081 | -23.0% |
| Trade receivables | 40 | €28,116 | €19,879 | -€8,237 | -29.3% |
| Other amounts receivable | 41 | €6,969 | €7,125 | +€156 | +2.2% |
| Cash at bank and in hand | 54/58 | €1,463 | €2,856 | +€1,392 | +95.2% |
| Deferred charges and accrued income | 490/1 | €618 | €3,834 | +€3,216 | +521% |
| Total equity and liabilities | 10/49 | €336,154 | €320,965 | -€15,189 | -4.5% |
| Equity | 10/15 | -€53,200 | -€51,720 | +€1,480 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,786 | €31,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €29,926 | €29,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,386 | -€95,905 | +€1,480 | +1.5% |
| Amounts payable | 17/49 | €389,354 | €372,685 | -€16,669 | -4.3% |
| Amounts payable after more than one year | 17 | €248,394 | €283,656 | +€35,263 | +14.2% |
| Financial debts | 170/4 | €248,394 | €283,656 | +€35,263 | +14.2% |
| Amounts payable within one year | 42/48 | €134,035 | €89,025 | -€45,010 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €64,158 | €14,737 | -€49,421 | -77.0% |
| Trade debts | 44 | €17,993 | €11,436 | -€6,557 | -36.4% |
| Suppliers | 440/4 | €17,993 | €11,436 | -€6,557 | -36.4% |
| Taxes, remuneration and social security | 45 | €9,226 | €7,651 | -€1,575 | -17.1% |
| Taxes | 450/3 | €7,404 | €5,684 | -€1,721 | -23.2% |
| Remuneration and social security | 454/9 | €1,822 | €1,968 | +€145 | +8.0% |
| Other amounts payable | 47/48 | €42,657 | €55,200 | +€12,543 | +29.4% |
| Accrued charges and deferred income | 492/3 | €6,925 | €3 | -€6,922 | -100.0% |
| Remuneration, social security and pensions | 62 | €32,567 | €19,639 | -€12,928 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,037 | €21,381 | +€1,344 | +6.7% |
| Other operating charges | 640/8 | €3,056 | €8,203 | +€5,147 | +168% |
| Gross operating margin | 9900 | €21,703 | €66,795 | +€45,091 | +208% |
| Operating profit (loss) | 9901 | -€33,956 | €17,571 | +€51,528 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €14,462 | €15,933 | +€1,471 | +10.2% |
| Recurring financial charges | 65 | €14,462 | €15,933 | +€1,471 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | -€48,418 | €1,638 | +€50,057 | |
| Income taxes | 67/77 | €147 | €158 | +€11 | +7.5% |
| Profit (loss) for the period | 9904 | -€48,565 | €1,480 | +€50,045 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,565 | €1,480 | +€50,045 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.