Dierenzaak Noach: 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.
Dierenzaak Noach
Largest movements
- Cash +€114,371
up €114,371 (+77.9%), from €146,734 to €261,105
mainly Debts after one year (+€135,754) and Depreciation (+€112,153)
- Tangible fixed assets -€105,620
down €105,620 (-18.5%), from €572,284 to €466,664
of which Land and buildings: -€62,051
- Current investments -€50,000
down €50,000 (-50.0%), from €99,950 to €49,950
- Receivables within one year +€14,149
up €14,149 (+325%), from €4,347 to €18,496
of which Other amounts receivable: +€12,090
- Other debts -€200,000
down €200,000 (-100%), from €200,000 to €0
- Debts after one year +€135,754
up €135,754 (+63.3%), from €214,544 to €350,298
of which Financial debts: +€139,906
- Reserves +€30,474
up €30,474 (+5.3%), from €579,919 to €610,393
- Gross operating margin -€49,535
down €49,535 (-13.9%), from €355,405 to €305,870
- Taxes -€23,243
down €23,243 (-64.1%), from €36,280 to €13,038
- Depreciation +€13,555
up €13,555 (+13.7%), from €98,598 to €112,153
- Staff costs +€10,704
up €10,704 (+9.0%), from €119,483 to €130,188
- Financial charges +€3,579
up €3,579 (+22.8%), from €15,696 to €19,275
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 | €1,268,296 | €1,229,049 | -€39,247 | -3.1% |
| Fixed assets | 21/28 | €580,778 | €471,953 | -€108,826 | -18.7% |
| Intangible fixed assets | 21 | €8,494 | €5,289 | -€3,206 | -37.7% |
| Tangible fixed assets | 22/27 | €572,284 | €466,664 | -€105,620 | -18.5% |
| Land and buildings | 22 | €471,977 | €409,926 | -€62,051 | -13.1% |
| Plant, machinery and equipment | 23 | €31,839 | €9,960 | -€21,879 | -68.7% |
| Furniture and vehicles | 24 | - | €1,283 | +€1,283 | |
| Other tangible fixed assets | 26 | €68,468 | €45,495 | -€22,974 | -33.6% |
| Current assets | 29/58 | €687,517 | €757,096 | +€69,579 | +10.1% |
| Stocks and contracts in progress | 3 | €426,687 | €417,617 | -€9,069 | -2.1% |
| Stocks | 30/36 | €426,687 | €417,617 | -€9,069 | -2.1% |
| Amounts receivable within one year | 40/41 | €4,347 | €18,496 | +€14,149 | +325% |
| Trade receivables | 40 | €1,173 | €3,232 | +€2,059 | +176% |
| Other amounts receivable | 41 | €3,175 | €15,264 | +€12,090 | +381% |
| Current investments | 50/53 | €99,950 | €49,950 | -€50,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €146,734 | €261,105 | +€114,371 | +77.9% |
| Deferred charges and accrued income | 490/1 | €9,799 | €9,928 | +€129 | +1.3% |
| Total equity and liabilities | 10/49 | €1,268,296 | €1,229,049 | -€39,247 | -3.1% |
| Equity | 10/15 | €724,919 | €755,393 | +€30,474 | +4.2% |
| Contributions | 10/11 | €145,000 | €145,000 | = | 0.0% |
| Reserves | 13 | €579,919 | €610,393 | +€30,474 | +5.3% |
| Distributable reserves | 133 | €579,919 | €610,393 | +€30,474 | +5.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €543,377 | €473,656 | -€69,721 | -12.8% |
| Amounts payable after more than one year | 17 | €214,544 | €350,298 | +€135,754 | +63.3% |
| Financial debts | 170/4 | €149,328 | €289,234 | +€139,906 | +93.7% |
| Other amounts payable | 178/9 | €65,216 | €61,064 | -€4,152 | -6.4% |
| Amounts payable within one year | 42/48 | €328,786 | €123,304 | -€205,483 | -62.5% |
| Current portion of amounts payable after more than one year | 42 | €51,180 | €44,330 | -€6,850 | -13.4% |
| Trade debts | 44 | €22,717 | €29,337 | +€6,620 | +29.1% |
| Suppliers | 440/4 | €22,717 | €29,337 | +€6,620 | +29.1% |
| Advances received on contracts in progress | 46 | €11 | €0 | -€11 | -100% |
| Taxes, remuneration and social security | 45 | €54,878 | €49,637 | -€5,241 | -9.6% |
| Taxes | 450/3 | €35,633 | €28,698 | -€6,935 | -19.5% |
| Remuneration and social security | 454/9 | €19,245 | €20,939 | +€1,694 | +8.8% |
| Other amounts payable | 47/48 | €200,000 | €0 | -€200,000 | -100% |
| Accrued charges and deferred income | 492/3 | €46 | €55 | +€8 | +18.0% |
| Remuneration, social security and pensions | 62 | €119,483 | €130,188 | +€10,704 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,598 | €112,153 | +€13,555 | +13.7% |
| Other operating charges | 640/8 | €10,744 | €10,830 | +€86 | +0.8% |
| Gross operating margin | 9900 | €355,405 | €305,870 | -€49,535 | -13.9% |
| Operating profit (loss) | 9901 | €126,580 | €52,700 | -€73,880 | -58.4% |
| Financial income | 75/76B | €12,742 | €10,087 | -€2,656 | -20.8% |
| Recurring financial income | 75 | €12,742 | €10,087 | -€2,656 | -20.8% |
| Financial charges | 65/66B | €15,696 | €19,275 | +€3,579 | +22.8% |
| Recurring financial charges | 65 | €15,696 | €19,275 | +€3,579 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €123,626 | €43,511 | -€80,115 | -64.8% |
| Income taxes | 67/77 | €36,280 | €13,038 | -€23,243 | -64.1% |
| Profit (loss) for the period | 9904 | €87,346 | €30,474 | -€56,872 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,346 | €30,474 | -€56,872 | -65.1% |
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 28 October 2026 via checked.be.