NuvoGems: 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.
NuvoGems
Largest movements
- Stocks and contracts +€103,215
up €103,215 (+44.3%), from €232,757 to €335,971
- Cash -€14,238
down €14,238 (-39.6%), from €35,976 to €21,737
mainly Stocks and contracts (-€103,215) and Investment in fixed assets (net) (-€1,700)
- Receivables within one year -€13,893
down €13,893 (-57.4%), from €24,185 to €10,293
of which Other amounts receivable: -€7,012
- Profit (loss) carried forward +€48,966
up €48,966 (+55.0%), from €88,954 to €137,920
- Trade debts +€20,960
up €20,960 (+12.1%), from €173,368 to €194,327
- Staff costs +€27,357
up €27,357 (+105%), from €26,121 to €53,478
- Gross operating margin +€26,777
up €26,777 (+24.8%), from €108,121 to €134,899
- Depreciation +€1,796
up €1,796 (+129%), from €1,397 to €3,192
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 | €309,181 | €382,773 | +€73,591 | +23.8% |
| Fixed assets | 21/28 | €16,264 | €14,771 | -€1,492 | -9.2% |
| Intangible fixed assets | 21 | €1,097 | €527 | -€569 | -51.9% |
| Tangible fixed assets | 22/27 | €15,167 | €14,244 | -€923 | -6.1% |
| Plant, machinery and equipment | 23 | €14,763 | €13,936 | -€827 | -5.6% |
| Furniture and vehicles | 24 | €404 | €308 | -€96 | -23.8% |
| Current assets | 29/58 | €292,918 | €368,001 | +€75,084 | +25.6% |
| Stocks and contracts in progress | 3 | €232,757 | €335,971 | +€103,215 | +44.3% |
| Stocks | 30/36 | €232,757 | €335,971 | +€103,215 | +44.3% |
| Amounts receivable within one year | 40/41 | €24,185 | €10,293 | -€13,893 | -57.4% |
| Trade receivables | 40 | €9,600 | €2,719 | -€6,881 | -71.7% |
| Other amounts receivable | 41 | €14,585 | €7,573 | -€7,012 | -48.1% |
| Cash at bank and in hand | 54/58 | €35,976 | €21,737 | -€14,238 | -39.6% |
| Total equity and liabilities | 10/49 | €309,181 | €382,773 | +€73,591 | +23.8% |
| Equity | 10/15 | €96,454 | €145,420 | +€48,966 | +50.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,954 | €137,920 | +€48,966 | +55.0% |
| Amounts payable | 17/49 | €212,727 | €237,353 | +€24,626 | +11.6% |
| Amounts payable within one year | 42/48 | €212,727 | €237,353 | +€24,626 | +11.6% |
| Trade debts | 44 | €173,368 | €194,327 | +€20,960 | +12.1% |
| Suppliers | 440/4 | €173,368 | €194,327 | +€20,960 | +12.1% |
| Taxes, remuneration and social security | 45 | €36,514 | €37,098 | +€584 | +1.6% |
| Taxes | 450/3 | €35,392 | €25,355 | -€10,037 | -28.4% |
| Remuneration and social security | 454/9 | €1,122 | €11,743 | +€10,621 | +947% |
| Other amounts payable | 47/48 | €2,846 | €5,927 | +€3,081 | +108% |
| Remuneration, social security and pensions | 62 | €26,121 | €53,478 | +€27,357 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,397 | €3,192 | +€1,796 | +129% |
| Other operating charges | 640/8 | €1,953 | €947 | -€1,005 | -51.5% |
| Gross operating margin | 9900 | €108,121 | €134,899 | +€26,777 | +24.8% |
| Operating profit (loss) | 9901 | €78,651 | €77,281 | -€1,369 | -1.7% |
| Financial income | 75/76B | €77 | €331 | +€254 | +328% |
| Recurring financial income | 75 | €77 | €331 | +€254 | +328% |
| Financial charges | 65/66B | €15,273 | €14,711 | -€562 | -3.7% |
| Recurring financial charges | 65 | €15,273 | €14,711 | -€562 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €63,455 | €62,901 | -€554 | -0.9% |
| Income taxes | 67/77 | €12,594 | €13,935 | +€1,341 | +10.6% |
| Profit (loss) for the period | 9904 | €50,861 | €48,966 | -€1,895 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,861 | €48,966 | -€1,895 | -3.7% |
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.