B. NOLLET & CO: 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.
B. NOLLET & CO
Largest movements
- Receivables within one year +€35,065
up €35,065 (+241%), from €14,551 to €49,616
of which Other amounts receivable: +€27,053
- Tangible fixed assets -€31,392
down €31,392 (-13.7%), from €229,211 to €197,819
of which Furniture and vehicles: -€16,944
- Reserves +€32,228
up €32,228 (+356%), from €9,044 to €41,272
of which Distributable reserves: +€35,500
- Debts after one year -€28,133
down €28,133 (-41.0%), from €68,674 to €40,541
- Other debts -€23,100
down €23,100 (-75.2%), from €30,737 to €7,637
- Advances received +€12,813
up €12,813 (+2,616%), from €490 to €13,303
- Short-term financial debts +€10,969
up €10,969 (+89.8%), from €12,209 to €23,178
- Staff costs -€18,097
down €18,097 (-91.9%), from €19,696 to €1,599
- Taxes +€6,050
up €6,050 (+39.2%), from €15,446 to €21,496
- Gross operating margin -€4,809
down €4,809 (-4.8%), from €101,214 to €96,405
- Depreciation +€4,138
up €4,138 (+15.2%), from €27,254 to €31,392
- Other operating charges +€3,352
up €3,352 (+223%), from €1,500 to €4,852
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 | €374,813 | €382,050 | +€7,238 | +1.9% |
| Fixed assets | 21/28 | €231,050 | €199,658 | -€31,392 | -13.6% |
| Tangible fixed assets | 22/27 | €229,211 | €197,819 | -€31,392 | -13.7% |
| Land and buildings | 22 | €155,004 | €140,555 | -€14,448 | -9.3% |
| Furniture and vehicles | 24 | €74,207 | €57,263 | -€16,944 | -22.8% |
| Financial fixed assets | 28 | €1,839 | €1,839 | = | 0.0% |
| Current assets | 29/58 | €143,762 | €182,392 | +€38,630 | +26.9% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,551 | €49,616 | +€35,065 | +241% |
| Trade receivables | 40 | - | €8,013 | +€8,013 | |
| Other amounts receivable | 41 | €14,551 | €41,604 | +€27,053 | +186% |
| Cash at bank and in hand | 54/58 | €4,212 | €4,929 | +€717 | +17.0% |
| Deferred charges and accrued income | 490/1 | - | €2,847 | +€2,847 | |
| Total equity and liabilities | 10/49 | €374,813 | €382,050 | +€7,238 | +1.9% |
| Equity | 10/15 | -€12,915 | €19,800 | +€32,715 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €9,044 | €41,272 | +€32,228 | +356% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,544 | €3,272 | -€3,272 | -50.0% |
| Distributable reserves | 133 | - | €35,500 | +€35,500 | |
| Profit (loss) carried forward | 14 | -€46,959 | -€46,472 | +€487 | +1.0% |
| Provisions and deferred taxes | 16 | €195,587 | €193,975 | -€1,612 | -0.8% |
| Provisions for liabilities and charges | 160/5 | €192,363 | €192,363 | = | 0.0% |
| Pensions and similar obligations | 160 | €192,363 | €192,363 | = | 0.0% |
| Deferred taxes | 168 | €3,223 | €1,612 | -€1,612 | -50.0% |
| Amounts payable | 17/49 | €192,141 | €168,275 | -€23,866 | -12.4% |
| Amounts payable after more than one year | 17 | €68,674 | €40,541 | -€28,133 | -41.0% |
| Financial debts | 170/4 | €68,674 | €40,541 | -€28,133 | -41.0% |
| Amounts payable within one year | 42/48 | €123,466 | €127,734 | +€4,267 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €38,589 | €28,133 | -€10,455 | -27.1% |
| Financial debts | 43 | €12,209 | €23,178 | +€10,969 | +89.8% |
| Credit institutions | 430/8 | €12,209 | €23,178 | +€10,969 | +89.8% |
| Trade debts | 44 | €5,349 | €8,426 | +€3,077 | +57.5% |
| Suppliers | 440/4 | €5,349 | €8,426 | +€3,077 | +57.5% |
| Advances received on contracts in progress | 46 | €490 | €13,303 | +€12,813 | +2,616% |
| Taxes, remuneration and social security | 45 | €36,093 | €47,057 | +€10,964 | +30.4% |
| Taxes | 450/3 | €36,093 | €47,057 | +€10,964 | +30.4% |
| Other amounts payable | 47/48 | €30,737 | €7,637 | -€23,100 | -75.2% |
| Non-recurring operating income | 76A | €1,381 | - | -€1,381 | |
| Remuneration, social security and pensions | 62 | €19,696 | €1,599 | -€18,097 | -91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,254 | €31,392 | +€4,138 | +15.2% |
| Other operating charges | 640/8 | €1,500 | €4,852 | +€3,352 | +223% |
| Non-recurring operating charges | 66A | €4,293 | - | -€4,293 | |
| Gross operating margin | 9900 | €101,214 | €96,405 | -€4,809 | -4.8% |
| Operating profit (loss) | 9901 | €48,471 | €58,562 | +€10,091 | +20.8% |
| Financial income | 75/76B | €3,262 | €1,316 | -€1,946 | -59.7% |
| Recurring financial income | 75 | €3,262 | €1,316 | -€1,946 | -59.7% |
| Financial charges | 65/66B | €7,526 | €7,279 | -€247 | -3.3% |
| Recurring financial charges | 65 | €7,526 | €7,279 | -€247 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €44,207 | €52,599 | +€8,393 | +19.0% |
| Transfer from deferred taxes | 780 | €1,612 | €1,612 | -€0 | 0.0% |
| Income taxes | 67/77 | €15,446 | €21,496 | +€6,050 | +39.2% |
| Profit (loss) for the period | 9904 | €30,372 | €32,715 | +€2,343 | +7.7% |
| Transfer from tax-exempt reserves | 789 | €3,272 | €3,272 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,645 | €35,987 | +€2,343 | +7.0% |
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 25 October 2026 via checked.be.