NOWIS: 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.
NOWIS
Largest movements
- Financial fixed assets +€1.9m
up €1.9m (+65.6%), from €2.9m to €4.8m
- Receivables within one year +€198,225
up €198,225 (+38.3%), from €517,071 to €715,295
of which Trade receivables: +€230,046
- Cash -€101,620
down €101,620 (-40.1%), from €253,553 to €151,933
mainly Investment in fixed assets (net) (-€1.9m) and Receivables within one year (-€198,225)
- Debts after one year +€877,702
up €877,702 (+152%), from €575,828 to €1.5m
- Reserves +€736,867
up €736,867 (+34.5%), from €2.1m to €2.9m
- Current portion of long-term debt +€187,208
up €187,208 (+69.1%), from €270,952 to €458,160
- Short-term financial debts +€160,188
up €160,188 (+274%), from €58,508 to €218,697
- Gross operating margin +€616,007
up €616,007 (+96.9%), from €636,019 to €1.3m
- Taxes +€135,484
up €135,484 (+91.1%), from €148,706 to €284,190
- Staff costs +€36,872
up €36,872 (+94.3%), from €39,081 to €75,953
- Financial charges +€29,757
up €29,757 (+208%), from €14,314 to €44,071
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,711,236 | €5,672,462 | +€2.0m | +52.8% |
| Fixed assets | 21/28 | €2,926,127 | €4,803,277 | +€1.9m | +64.2% |
| Tangible fixed assets | 22/27 | €51,127 | €43,427 | -€7,700 | -15.1% |
| Plant, machinery and equipment | 23 | €6,793 | €5,394 | -€1,399 | -20.6% |
| Furniture and vehicles | 24 | €44,334 | €38,033 | -€6,300 | -14.2% |
| Financial fixed assets | 28 | €2,875,000 | €4,759,850 | +€1.9m | +65.6% |
| Current assets | 29/58 | €785,109 | €869,184 | +€84,075 | +10.7% |
| Amounts receivable within one year | 40/41 | €517,071 | €715,295 | +€198,225 | +38.3% |
| Trade receivables | 40 | €325,323 | €555,368 | +€230,046 | +70.7% |
| Other amounts receivable | 41 | €191,748 | €159,927 | -€31,821 | -16.6% |
| Cash at bank and in hand | 54/58 | €253,553 | €151,933 | -€101,620 | -40.1% |
| Deferred charges and accrued income | 490/1 | €14,486 | €1,957 | -€12,530 | -86.5% |
| Total equity and liabilities | 10/49 | €3,711,236 | €5,672,462 | +€2.0m | +52.8% |
| Equity | 10/15 | €2,760,968 | €3,497,835 | +€736,867 | +26.7% |
| Contributions | 10/11 | €625,000 | €625,000 | = | 0.0% |
| Reserves | 13 | €2,135,968 | €2,872,835 | +€736,867 | +34.5% |
| Distributable reserves | 133 | €2,135,968 | €2,872,835 | +€736,867 | +34.5% |
| Amounts payable | 17/49 | €950,269 | €2,174,627 | +€1.2m | +129% |
| Amounts payable after more than one year | 17 | €575,828 | €1,453,530 | +€877,702 | +152% |
| Financial debts | 170/4 | €575,828 | €1,453,530 | +€877,702 | +152% |
| Amounts payable within one year | 42/48 | €372,941 | €721,097 | +€348,156 | +93.4% |
| Current portion of amounts payable after more than one year | 42 | €270,952 | €458,160 | +€187,208 | +69.1% |
| Financial debts | 43 | €58,508 | €218,697 | +€160,188 | +274% |
| Other loans | 439 | €58,508 | €218,697 | +€160,188 | +274% |
| Trade debts | 44 | €13,136 | €6,463 | -€6,672 | -50.8% |
| Suppliers | 440/4 | €13,136 | €6,463 | -€6,672 | -50.8% |
| Taxes, remuneration and social security | 45 | €27,945 | €33,377 | +€5,432 | +19.4% |
| Taxes | 450/3 | €23,806 | €30,121 | +€6,315 | +26.5% |
| Remuneration and social security | 454/9 | €4,139 | €3,256 | -€883 | -21.3% |
| Other amounts payable | 47/48 | €2,400 | €4,400 | +€2,000 | +83.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €39,081 | €75,953 | +€36,872 | +94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,984 | €11,954 | +€4,971 | +71.2% |
| Other operating charges | 640/8 | €9,637 | €1,446 | -€8,191 | -85.0% |
| Gross operating margin | 9900 | €636,019 | €1,252,027 | +€616,007 | +96.9% |
| Operating profit (loss) | 9901 | €580,318 | €1,162,673 | +€582,356 | +100% |
| Financial income | 75/76B | - | €2,455 | +€2,455 | |
| Recurring financial income | 75 | - | €2,455 | +€2,455 | |
| Financial charges | 65/66B | €14,314 | €44,071 | +€29,757 | +208% |
| Recurring financial charges | 65 | €14,314 | €44,071 | +€29,757 | +208% |
| Profit (loss) for the period before taxes | 9903 | €566,004 | €1,121,057 | +€555,053 | +98.1% |
| Income taxes | 67/77 | €148,706 | €284,190 | +€135,484 | +91.1% |
| Profit (loss) for the period | 9904 | €417,298 | €836,867 | +€419,570 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €417,298 | €836,867 | +€419,570 | +101% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.