We Are 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.
We Are Nova
Largest movements
- Cash -€8,501
down €8,501 (-57.2%), from €14,867 to €6,366
mainly Net result for the year (-€18,740) and Trade debts (-€7,145)
- Receivables within one year -€7,199
down €7,199 (-8.7%), from €82,329 to €75,130
of which Trade receivables: -€19,642
- Tangible fixed assets -€2,701
down €2,701 (-53.2%), from €5,077 to €2,376
of which Plant, machinery and equipment: -€2,235
- Profit (loss) carried forward -€18,740
down €18,740 (-47.2%), from -€39,737 to -€58,477
- Tax, wage and social debts +€8,055
up €8,055 (+22.9%), from €35,169 to €43,224
of which Taxes: +€6,823
- Trade debts -€7,145
down €7,145 (-24.7%), from €28,930 to €21,785
- Turnover -€52,041
down €52,041 (-13.0%), from €398,922 to €346,881
- Gross operating margin -€29,870
down €29,870 (-11.6%), from €257,304 to €227,434
- Purchases and services -€25,329
down €25,329 (-16.2%), from €156,143 to €130,814
- Staff costs +€22,166
up €22,166 (+10.3%), from €214,872 to €237,038
- Write-downs -€8,062
down €8,062, from €6,683 to -€1,379
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 | €105,702 | €88,257 | -€17,445 | -16.5% |
| Fixed assets | 21/28 | €5,077 | €2,376 | -€2,701 | -53.2% |
| Tangible fixed assets | 22/27 | €5,077 | €2,376 | -€2,701 | -53.2% |
| Plant, machinery and equipment | 23 | €4,513 | €2,279 | -€2,235 | -49.5% |
| Furniture and vehicles | 24 | €564 | €97 | -€466 | -82.7% |
| Current assets | 29/58 | €100,625 | €85,880 | -€14,744 | -14.7% |
| Amounts receivable within one year | 40/41 | €82,329 | €75,130 | -€7,199 | -8.7% |
| Trade receivables | 40 | €77,591 | €57,949 | -€19,642 | -25.3% |
| Other amounts receivable | 41 | €4,738 | €17,181 | +€12,443 | +263% |
| Cash at bank and in hand | 54/58 | €14,867 | €6,366 | -€8,501 | -57.2% |
| Deferred charges and accrued income | 490/1 | €3,429 | €4,384 | +€955 | +27.9% |
| Total equity and liabilities | 10/49 | €105,702 | €88,257 | -€17,445 | -16.5% |
| Equity | 10/15 | €41,093 | €22,353 | -€18,740 | -45.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €18,830 | €18,830 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,630 | €12,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,737 | -€58,477 | -€18,740 | -47.2% |
| Provisions and deferred taxes | 16 | - | €121 | +€121 | |
| Provisions for liabilities and charges | 160/5 | - | €121 | +€121 | |
| Pensions and similar obligations | 160 | - | €121 | +€121 | |
| Amounts payable | 17/49 | €64,609 | €65,782 | +€1,174 | +1.8% |
| Amounts payable within one year | 42/48 | €64,099 | €65,009 | +€910 | +1.4% |
| Trade debts | 44 | €28,930 | €21,785 | -€7,145 | -24.7% |
| Suppliers | 440/4 | €28,930 | €21,785 | -€7,145 | -24.7% |
| Taxes, remuneration and social security | 45 | €35,169 | €43,224 | +€8,055 | +22.9% |
| Taxes | 450/3 | €7,494 | €14,317 | +€6,823 | +91.0% |
| Remuneration and social security | 454/9 | €27,675 | €28,907 | +€1,232 | +4.5% |
| Accrued charges and deferred income | 492/3 | €510 | €773 | +€263 | +51.7% |
| Turnover | 70 | €398,922 | €346,881 | -€52,041 | -13.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €156,143 | €130,814 | -€25,329 | -16.2% |
| Remuneration, social security and pensions | 62 | €214,872 | €237,038 | +€22,166 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,477 | €2,701 | -€776 | -22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,683 | -€1,379 | -€8,062 | |
| Other operating charges | 640/8 | €2,209 | €1,405 | -€804 | -36.4% |
| Gross operating margin | 9900 | €257,304 | €227,434 | -€29,870 | -11.6% |
| Operating profit (loss) | 9901 | €30,064 | -€12,331 | -€42,395 | |
| Financial income | 75/76B | €382 | €226 | -€157 | -41.0% |
| Recurring financial income | 75 | €382 | €226 | -€157 | -41.0% |
| Financial charges | 65/66B | €7,018 | €6,103 | -€914 | -13.0% |
| Recurring financial charges | 65 | €7,018 | €6,103 | -€914 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €23,428 | -€18,209 | -€41,637 | |
| Income taxes | 67/77 | €3,296 | €531 | -€2,765 | -83.9% |
| Profit (loss) for the period | 9904 | €20,133 | -€18,740 | -€38,873 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,133 | -€18,740 | -€38,873 |
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 23 October 2026 via checked.be.