NOVY & PARTNERS: 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.
NOVY & PARTNERS
Largest movements
- Receivables within one year -€14,181
down €14,181 (-11.7%), from €121,622 to €107,441
of which Trade receivables: -€33,352
- Cash -€6,759
down €6,759 (-66.2%), from €10,215 to €3,457
mainly Tax, wage and social debts (-€21,144) and Net result for the year (-€1,658)
- Deferred charges and accrued income -€1,587
down €1,587 (-98.2%), from €1,617 to €30
- Tax, wage and social debts -€21,144
down €21,144 (-96.0%), from €22,035 to €891
of which Remuneration and social security: -€19,947
- Profit (loss) carried forward -€1,658
down €1,658 (-1.7%), from €99,937 to €98,280
- Staff costs -€33,941
down €33,941 (-41.2%), from €82,367 to €48,427
- Gross operating margin -€31,886
down €31,886 (-41.3%), from €77,136 to €45,250
- Financial income +€1,211
up €1,211 (+40.7%), from €2,975 to €4,187
- Taxes +€798
up €798 (+861%), from €93 to €891
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 | €136,978 | €113,176 | -€23,802 | -17.4% |
| Fixed assets | 21/28 | €3,524 | €2,249 | -€1,275 | -36.2% |
| Tangible fixed assets | 22/27 | €3,524 | €2,249 | -€1,275 | -36.2% |
| Furniture and vehicles | 24 | €3,524 | €2,249 | -€1,275 | -36.2% |
| Current assets | 29/58 | €133,454 | €110,927 | -€22,527 | -16.9% |
| Amounts receivable within one year | 40/41 | €121,622 | €107,441 | -€14,181 | -11.7% |
| Trade receivables | 40 | €39,352 | €6,000 | -€33,352 | -84.8% |
| Other amounts receivable | 41 | €82,270 | €101,441 | +€19,171 | +23.3% |
| Cash at bank and in hand | 54/58 | €10,215 | €3,457 | -€6,759 | -66.2% |
| Deferred charges and accrued income | 490/1 | €1,617 | €30 | -€1,587 | -98.2% |
| Total equity and liabilities | 10/49 | €136,978 | €113,176 | -€23,802 | -17.4% |
| Equity | 10/15 | €111,197 | €109,540 | -€1,658 | -1.5% |
| Contributions | 10/11 | €9,400 | €9,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,937 | €98,280 | -€1,658 | -1.7% |
| Amounts payable | 17/49 | €25,780 | €3,636 | -€22,144 | -85.9% |
| Amounts payable within one year | 42/48 | €25,780 | €3,636 | -€22,144 | -85.9% |
| Trade debts | 44 | €3,745 | €2,745 | -€1,000 | -26.7% |
| Suppliers | 440/4 | €3,745 | €2,745 | -€1,000 | -26.7% |
| Taxes, remuneration and social security | 45 | €22,035 | €891 | -€21,144 | -96.0% |
| Taxes | 450/3 | €2,088 | €891 | -€1,197 | -57.3% |
| Remuneration and social security | 454/9 | €19,947 | - | -€19,947 | |
| Remuneration, social security and pensions | 62 | €82,367 | €48,427 | -€33,941 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,275 | €1,275 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €77,136 | €45,250 | -€31,886 | -41.3% |
| Operating profit (loss) | 9901 | -€6,890 | -€4,839 | +€2,051 | +29.8% |
| Financial income | 75/76B | €2,975 | €4,187 | +€1,211 | +40.7% |
| Recurring financial income | 75 | €2,975 | €4,187 | +€1,211 | +40.7% |
| Financial charges | 65/66B | €75 | €114 | +€40 | +53.4% |
| Recurring financial charges | 65 | €75 | €114 | +€40 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,990 | -€767 | +€3,223 | +80.8% |
| Income taxes | 67/77 | €93 | €891 | +€798 | +861% |
| Profit (loss) for the period | 9904 | -€4,082 | -€1,658 | +€2,424 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,082 | -€1,658 | +€2,424 | +59.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.