NuvotechBE: what changed
NuvotechBE
Largest movements
- Tangible fixed assets +€30,500
up €30,500 (+124%), from €24,623 to €55,123
of which Leasing and similar rights: +€41,777
- Cash +€6,463
up €6,463 (+553%), from €1,169 to €7,632
mainly Debts after one year (+€20,433) and Depreciation (+€14,591)
- Deferred charges and accrued income +€3,063
up €3,063 (+950%), from €323 to €3,386
- Debts after one year +€20,433
up €20,433 (+359%), from €5,691 to €26,123
- Current portion of long-term debt +€7,170
up €7,170 (+87.7%), from €8,179 to €15,348
- Profit (loss) carried forward +€6,689
new in 2025: €6,689
- Trade debts +€4,259
up €4,259 (+1,204%), from €354 to €4,612
- Tax, wage and social debts +€1,477
up €1,477 (+17.7%), from €8,325 to €9,802
of which Remuneration and social security: +€1,600
- Gross operating margin +€14,572
up €14,572 (+91.3%), from €15,965 to €30,537
- Depreciation +€9,041
up €9,041 (+163%), from €5,551 to €14,591
- Financial charges +€801
up €801 (+73.8%), from €1,085 to €1,885
- Taxes -€392
down €392 (-13.2%), from €2,959 to €2,567
- Other operating charges +€322
up €322 (+35.0%), from €921 to €1,243
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,379 | €80,896 | +€40,517 | +100% |
| Fixed assets | 21/28 | €24,623 | €55,123 | +€30,500 | +124% |
| Tangible fixed assets | 22/27 | €24,623 | €55,123 | +€30,500 | +124% |
| Plant, machinery and equipment | 23 | - | €12,000 | +€12,000 | |
| Furniture and vehicles | 24 | €24,623 | €1,346 | -€23,276 | -94.5% |
| Leasing and similar rights | 25 | - | €41,777 | +€41,777 | |
| Current assets | 29/58 | €15,756 | €25,773 | +€10,017 | +63.6% |
| Amounts receivable within one year | 40/41 | €14,264 | €14,755 | +€491 | +3.4% |
| Trade receivables | 40 | €7,937 | €5,230 | -€2,707 | -34.1% |
| Other amounts receivable | 41 | €6,327 | €9,526 | +€3,198 | +50.5% |
| Cash at bank and in hand | 54/58 | €1,169 | €7,632 | +€6,463 | +553% |
| Deferred charges and accrued income | 490/1 | €323 | €3,386 | +€3,063 | +950% |
| Total equity and liabilities | 10/49 | €40,379 | €80,896 | +€40,517 | +100% |
| Equity | 10/15 | €17,574 | €24,263 | +€6,689 | +38.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €17,074 | €17,074 | = | 0.0% |
| Distributable reserves | 133 | €17,074 | €17,074 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €6,689 | +€6,689 | |
| Amounts payable | 17/49 | €22,805 | €56,633 | +€33,828 | +148% |
| Amounts payable after more than one year | 17 | €5,691 | €26,123 | +€20,433 | +359% |
| Financial debts | 170/4 | €5,691 | €26,123 | +€20,433 | +359% |
| Amounts payable within one year | 42/48 | €16,857 | €29,763 | +€12,905 | +76.6% |
| Current portion of amounts payable after more than one year | 42 | €8,179 | €15,348 | +€7,170 | +87.7% |
| Trade debts | 44 | €354 | €4,612 | +€4,259 | +1,204% |
| Suppliers | 440/4 | €354 | €4,612 | +€4,259 | +1,204% |
| Taxes, remuneration and social security | 45 | €8,325 | €9,802 | +€1,477 | +17.7% |
| Taxes | 450/3 | €8,325 | €8,202 | -€123 | -1.5% |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Accrued charges and deferred income | 492/3 | €257 | €747 | +€490 | +191% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,551 | €14,591 | +€9,041 | +163% |
| Other operating charges | 640/8 | €921 | €1,243 | +€322 | +35.0% |
| Non-recurring operating charges | 66A | €61 | €3,834 | +€3,773 | +6,194% |
| Gross operating margin | 9900 | €15,965 | €30,537 | +€14,572 | +91.3% |
| Operating profit (loss) | 9901 | €9,432 | €10,869 | +€1,437 | +15.2% |
| Financial income | 75/76B | €190 | €273 | +€83 | +43.5% |
| Recurring financial income | 75 | €190 | €273 | +€83 | +43.5% |
| Financial charges | 65/66B | €1,085 | €1,885 | +€801 | +73.8% |
| Recurring financial charges | 65 | €1,085 | €1,885 | +€801 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €8,538 | €9,257 | +€719 | +8.4% |
| Income taxes | 67/77 | €2,959 | €2,567 | -€392 | -13.2% |
| Profit (loss) for the period | 9904 | €5,579 | €6,689 | +€1,111 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,579 | €6,689 | +€1,111 | +19.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.