FRANK NOPPE: 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.
FRANK NOPPE
Largest movements
- Receivables within one year +€4,132
up €4,132 (+32.9%), from €12,557 to €16,689
of which Other amounts receivable: +€2,927
- Tangible fixed assets -€2,741
down €2,741 (-18.7%), from €14,682 to €11,940
of which Plant, machinery and equipment: -€2,229
- Deferred charges and accrued income -€595
down €595 (-56.3%), from €1,056 to €462
- Profit (loss) carried forward +€1,879
up €1,879 (+31.7%), from €5,924 to €7,802
- Debts after one year -€1,518
down €1,518 (-23.1%), from €6,558 to €5,040
- Tax, wage and social debts +€962
up €962 (+209%), from €459 to €1,422
of which Taxes: +€1,050
- Gross operating margin +€2,824
up €2,824 (+41.2%), from €6,853 to €9,677
- Taxes +€1,089
up €1,089 (+655%), from €166 to €1,255
- Depreciation +€1,021
up €1,021 (+59.3%), from €1,721 to €2,741
- Staff costs +€400
up €400 (+372%), from €108 to €508
- Other operating charges +€290
up €290 (+30.3%), from €955 to €1,245
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,845 | €38,912 | +€1,066 | +2.8% |
| Fixed assets | 21/28 | €14,682 | €11,940 | -€2,741 | -18.7% |
| Tangible fixed assets | 22/27 | €14,682 | €11,940 | -€2,741 | -18.7% |
| Plant, machinery and equipment | 23 | €13,822 | €11,593 | -€2,229 | -16.1% |
| Furniture and vehicles | 24 | €860 | €347 | -€513 | -59.6% |
| Current assets | 29/58 | €23,163 | €26,971 | +€3,808 | +16.4% |
| Stocks and contracts in progress | 3 | €2,857 | €2,857 | = | 0.0% |
| Stocks | 30/36 | €2,857 | €2,857 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,557 | €16,689 | +€4,132 | +32.9% |
| Trade receivables | 40 | €9,655 | €10,861 | +€1,206 | +12.5% |
| Other amounts receivable | 41 | €2,902 | €5,828 | +€2,927 | +101% |
| Cash at bank and in hand | 54/58 | €6,693 | €6,963 | +€270 | +4.0% |
| Deferred charges and accrued income | 490/1 | €1,056 | €462 | -€595 | -56.3% |
| Total equity and liabilities | 10/49 | €37,845 | €38,912 | +€1,066 | +2.8% |
| Equity | 10/15 | €26,375 | €28,254 | +€1,879 | +7.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,924 | €7,802 | +€1,879 | +31.7% |
| Amounts payable | 17/49 | €11,470 | €10,658 | -€812 | -7.1% |
| Amounts payable after more than one year | 17 | €6,558 | €5,040 | -€1,518 | -23.1% |
| Financial debts | 170/4 | €6,558 | €5,040 | -€1,518 | -23.1% |
| Amounts payable within one year | 42/48 | €4,912 | €5,618 | +€706 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €1,442 | €1,518 | +€76 | +5.3% |
| Trade debts | 44 | €3,011 | €2,678 | -€333 | -11.0% |
| Suppliers | 440/4 | €3,011 | €2,678 | -€333 | -11.0% |
| Taxes, remuneration and social security | 45 | €459 | €1,422 | +€962 | +209% |
| Taxes | 450/3 | €372 | €1,422 | +€1,050 | +283% |
| Remuneration and social security | 454/9 | €88 | - | -€88 | |
| Remuneration, social security and pensions | 62 | €108 | €508 | +€400 | +372% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,721 | €2,741 | +€1,021 | +59.3% |
| Other operating charges | 640/8 | €955 | €1,245 | +€290 | +30.3% |
| Gross operating margin | 9900 | €6,853 | €9,677 | +€2,824 | +41.2% |
| Operating profit (loss) | 9901 | €4,069 | €5,183 | +€1,114 | +27.4% |
| Financial income | 75/76B | €38 | €99 | +€62 | +164% |
| Recurring financial income | 75 | €38 | €99 | +€62 | +164% |
| Financial charges | 65/66B | €2,063 | €2,148 | +€85 | +4.1% |
| Recurring financial charges | 65 | €2,063 | €2,148 | +€85 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €2,044 | €3,134 | +€1,091 | +53.4% |
| Income taxes | 67/77 | €166 | €1,255 | +€1,089 | +655% |
| Profit (loss) for the period | 9904 | €1,877 | €1,879 | +€1 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,877 | €1,879 | +€1 | +0.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.