VILLA NOVA: 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.
VILLA NOVA
Largest movements
- Tangible fixed assets +€141,373
up €141,373 (+25.4%), from €556,121 to €697,494
of which Land and buildings: +€202,229
- Deferred charges and accrued income +€13,388
up €13,388 (+275.5%), from €4,859 to €18,247
- Debts after one year +€194,127
up €194,127 (+61.8%), from €314,333 to €508,459
of which Financial debts: +€160,998
- Other debts +€45,740
up €45,740 (+16865.2%), from €271 to €46,011
- Trade debts -€41,968
down €41,968 (-44.0%), from €95,394 to €53,426
- Reserves -€37,363
down €37,363 (-25.4%), from €147,001 to €109,638
of which Distributable reserves: -€22,363
- Current portion of long-term debt -€8,800
down €8,800 (-12.5%), from €70,332 to €61,532
- Depreciation +€50,820
up €50,820 (+105.4%), from €48,198 to €99,018
- Gross operating margin +€32,888
up €32,888 (+10.4%), from €315,241 to €348,129
- Staff costs -€21,475
down €21,475 (-9.4%), from €229,601 to €208,125
- Financial income -€6,543
down €6,543 (-73.9%), from €8,859 to €2,316
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.
Cash bridge derived
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 | €698,836 | €848,711 | +€149,875 | +21.4% |
| Fixed assets | 21/28 | €556,271 | €697,644 | +€141,373 | +25.4% |
| Tangible fixed assets | 22/27 | €556,121 | €697,494 | +€141,373 | +25.4% |
| Land and buildings | 22 | €291,941 | €494,169 | +€202,229 | +69.3% |
| Plant, machinery and equipment | 23 | €128,311 | €121,781 | -€6,530 | -5.1% |
| Furniture and vehicles | 24 | €135,869 | €81,543 | -€54,326 | -40.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €142,565 | €151,067 | +€8,502 | +6.0% |
| Stocks and contracts in progress | 3 | €11,315 | €7,921 | -€3,395 | -30.0% |
| Stocks | 30/36 | €11,315 | €7,921 | -€3,395 | -30.0% |
| Amounts receivable within one year | 40/41 | €10,436 | €11,630 | +€1,194 | +11.4% |
| Trade receivables | 40 | €9,284 | €7,186 | -€2,098 | -22.6% |
| Other amounts receivable | 41 | €1,152 | €4,444 | +€3,292 | +285.7% |
| Cash at bank and in hand | 54/58 | €115,955 | €113,269 | -€2,686 | -2.3% |
| Deferred charges and accrued income | 490/1 | €4,859 | €18,247 | +€13,388 | +275.5% |
| Total equity and liabilities | 10/49 | €698,836 | €848,711 | +€149,875 | +21.4% |
| Equity | 10/15 | €167,001 | €129,638 | -€37,363 | -22.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €147,001 | €109,638 | -€37,363 | -25.4% |
| Non-distributable reserves | 130/1 | €15,000 | €0 | -€15,000 | -100.0% |
| Reserves not available under the articles | 1311 | €15,000 | €0 | -€15,000 | -100.0% |
| Distributable reserves | 133 | €132,001 | €109,638 | -€22,363 | -16.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €531,835 | €719,073 | +€187,238 | +35.2% |
| Amounts payable after more than one year | 17 | €314,333 | €508,459 | +€194,127 | +61.8% |
| Financial debts | 170/4 | €284,422 | €445,420 | +€160,998 | +56.6% |
| Other amounts payable | 178/9 | €29,911 | €63,040 | +€33,129 | +110.8% |
| Amounts payable within one year | 42/48 | €212,157 | €207,300 | -€4,857 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €70,332 | €61,532 | -€8,800 | -12.5% |
| Trade debts | 44 | €95,394 | €53,426 | -€41,968 | -44.0% |
| Suppliers | 440/4 | €95,394 | €53,426 | -€41,968 | -44.0% |
| Taxes, remuneration and social security | 45 | €46,160 | €46,331 | +€171 | +0.4% |
| Taxes | 450/3 | €26,397 | €27,372 | +€975 | +3.7% |
| Remuneration and social security | 454/9 | €19,763 | €18,959 | -€804 | -4.1% |
| Other amounts payable | 47/48 | €271 | €46,011 | +€45,740 | +16865.2% |
| Accrued charges and deferred income | 492/3 | €5,345 | €3,314 | -€2,031 | -38.0% |
| Remuneration, social security and pensions | 62 | €229,601 | €208,125 | -€21,475 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,198 | €99,018 | +€50,820 | +105.4% |
| Other operating charges | 640/8 | €10,308 | €10,197 | -€111 | -1.1% |
| Non-recurring operating charges | 66A | €0 | €2,385 | +€2,385 | |
| Gross operating margin | 9900 | €315,241 | €348,129 | +€32,888 | +10.4% |
| Operating profit (loss) | 9901 | €27,134 | €28,404 | +€1,269 | +4.7% |
| Financial income | 75/76B | €8,859 | €2,316 | -€6,543 | -73.9% |
| Recurring financial income | 75 | €8,859 | €2,316 | -€6,543 | -73.9% |
| Financial charges | 65/66B | €11,648 | €13,853 | +€2,205 | +18.9% |
| Recurring financial charges | 65 | €11,648 | €13,853 | +€2,205 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €24,346 | €16,866 | -€7,480 | -30.7% |
| Income taxes | 67/77 | €9,213 | €8,489 | -€724 | -7.9% |
| Profit (loss) for the period | 9904 | €15,133 | €8,377 | -€6,756 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,133 | €8,377 | -€6,756 | -44.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.