NOVABUILD: 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.
NOVABUILD
Largest movements
- Receivables within one year -€87,914
down €87,914 (-24.0%), from €365,839 to €277,925
of which Trade receivables: -€140,717
- Tangible fixed assets -€20,075
down €20,075 (-7.3%), from €273,241 to €253,166
of which Land and buildings: -€10,725
- Trade debts -€112,028
down €112,028 (-38.5%), from €290,841 to €178,813
- Debts after one year -€24,405
down €24,405 (-14.5%), from €167,856 to €143,451
- Profit (loss) carried forward +€23,611
up €23,611 (+15.4%), from €153,189 to €176,799
- Tax, wage and social debts +€13,484
up €13,484 (+330%), from €4,088 to €17,572
of which Taxes: +€13,484
- Short-term financial debts -€9,942
down €9,942 (-100%), from €9,942 to €0
- Turnover -€859,806
no longer reported in 2026 (was €859,806)
- Purchases and services -€749,581
no longer reported in 2026 (was €749,581)
- Gross operating margin -€38,571
down €38,571 (-35.0%), from €110,225 to €71,654
- Other operating charges -€29,534
down €29,534 (-81.5%), from €36,233 to €6,699
- Write-downs -€28,856
down €28,856 (-100%), from €28,856 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €658,512 | €549,100 | -€109,412 | -16.6% |
| Fixed assets | 21/28 | €273,316 | €253,241 | -€20,075 | -7.3% |
| Tangible fixed assets | 22/27 | €273,241 | €253,166 | -€20,075 | -7.3% |
| Land and buildings | 22 | €236,960 | €226,235 | -€10,725 | -4.5% |
| Plant, machinery and equipment | 23 | €4,792 | €2,332 | -€2,460 | -51.3% |
| Furniture and vehicles | 24 | €31,489 | €24,599 | -€6,890 | -21.9% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €385,196 | €295,858 | -€89,337 | -23.2% |
| Stocks and contracts in progress | 3 | €16,329 | €13,100 | -€3,228 | -19.8% |
| Stocks | 30/36 | €16,329 | €13,100 | -€3,228 | -19.8% |
| Amounts receivable within one year | 40/41 | €365,839 | €277,925 | -€87,914 | -24.0% |
| Trade receivables | 40 | €325,652 | €184,935 | -€140,717 | -43.2% |
| Other amounts receivable | 41 | €40,187 | €92,990 | +€52,803 | +131% |
| Cash at bank and in hand | 54/58 | €66 | €2,412 | +€2,346 | +3,534% |
| Deferred charges and accrued income | 490/1 | €2,962 | €2,420 | -€541 | -18.3% |
| Total equity and liabilities | 10/49 | €658,512 | €549,100 | -€109,412 | -16.6% |
| Equity | 10/15 | €161,249 | €184,859 | +€23,611 | +14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,189 | €176,799 | +€23,611 | +15.4% |
| Amounts payable | 17/49 | €497,263 | €364,240 | -€133,023 | -26.8% |
| Amounts payable after more than one year | 17 | €167,856 | €143,451 | -€24,405 | -14.5% |
| Financial debts | 170/4 | €167,856 | €143,451 | -€24,405 | -14.5% |
| Amounts payable within one year | 42/48 | €329,408 | €220,790 | -€108,618 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €24,536 | €24,405 | -€132 | -0.5% |
| Financial debts | 43 | €9,942 | €0 | -€9,942 | -100% |
| Credit institutions | 430/8 | €9,942 | €0 | -€9,942 | -100% |
| Trade debts | 44 | €290,841 | €178,813 | -€112,028 | -38.5% |
| Suppliers | 440/4 | €290,841 | €178,813 | -€112,028 | -38.5% |
| Taxes, remuneration and social security | 45 | €4,088 | €17,572 | +€13,484 | +330% |
| Taxes | 450/3 | €4,088 | €17,572 | +€13,484 | +330% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Turnover | 70 | €859,806 | - | -€859,806 | |
| Goods, raw materials, services and sundry goods | 60/61 | €749,581 | - | -€749,581 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,563 | €32,481 | -€82 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,856 | €0 | -€28,856 | -100% |
| Other operating charges | 640/8 | €36,233 | €6,699 | -€29,534 | -81.5% |
| Gross operating margin | 9900 | €110,225 | €71,654 | -€38,571 | -35.0% |
| Operating profit (loss) | 9901 | €12,574 | €32,473 | +€19,900 | +158% |
| Financial income | 75/76B | €1,650 | €3,225 | +€1,575 | +95.4% |
| Recurring financial income | 75 | €1,650 | €3,225 | +€1,575 | +95.4% |
| Financial charges | 65/66B | €7,313 | €5,127 | -€2,186 | -29.9% |
| Recurring financial charges | 65 | €7,313 | €5,127 | -€2,186 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €6,911 | €30,572 | +€23,660 | +342% |
| Income taxes | 67/77 | - | €6,961 | +€6,961 | |
| Profit (loss) for the period | 9904 | €6,911 | €23,611 | +€16,700 | +242% |
| Profit (loss) for the period to be appropriated | 9905 | €6,911 | €23,611 | +€16,700 | +242% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.