Ivresse de Noé: what changed
Ivresse de Noé
Largest movements
- Cash +€6,418
up €6,418 (+23.2%), from €27,627 to €34,045
mainly Net result for the year (+€7,814) and Receivables within one year (+€2,768)
- Stocks and contracts +€6,229
up €6,229 (+9.7%), from €64,405 to €70,634
- Receivables within one year -€2,768
down €2,768 (-34.4%), from €8,046 to €5,278
of which Trade receivables: -€2,768
- Profit (loss) carried forward +€7,814
up €7,814 (+23.9%), from -€32,677 to -€24,863
- Tax, wage and social debts +€2,097
up €2,097 (+133%), from €1,574 to €3,671
- Gross operating margin +€4,515
up €4,515 (+120%), from €3,748 to €8,263
- Write-downs +€606
no longer reported in 2025 (was -€606)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,855 | €110,681 | +€9,826 | +9.7% |
| Fixed assets | 21/28 | €777 | €724 | -€53 | -6.8% |
| Tangible fixed assets | 22/27 | €277 | €224 | -€53 | -19.2% |
| Other tangible fixed assets | 26 | €277 | €224 | -€53 | -19.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €100,078 | €109,956 | +€9,879 | +9.9% |
| Stocks and contracts in progress | 3 | €64,405 | €70,634 | +€6,229 | +9.7% |
| Stocks | 30/36 | €64,405 | €70,634 | +€6,229 | +9.7% |
| Amounts receivable within one year | 40/41 | €8,046 | €5,278 | -€2,768 | -34.4% |
| Trade receivables | 40 | €7,998 | €5,230 | -€2,768 | -34.6% |
| Other amounts receivable | 41 | €48 | €48 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,627 | €34,045 | +€6,418 | +23.2% |
| Total equity and liabilities | 10/49 | €100,855 | €110,681 | +€9,826 | +9.7% |
| Equity | 10/15 | -€24,617 | -€16,803 | +€7,814 | +31.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,677 | -€24,863 | +€7,814 | +23.9% |
| Amounts payable | 17/49 | €125,472 | €127,484 | +€2,012 | +1.6% |
| Amounts payable within one year | 42/48 | €125,472 | €127,484 | +€2,012 | +1.6% |
| Trade debts | 44 | €18,335 | €17,806 | -€529 | -2.9% |
| Suppliers | 440/4 | €18,335 | €17,806 | -€529 | -2.9% |
| Advances received on contracts in progress | 46 | - | €386 | +€386 | |
| Taxes, remuneration and social security | 45 | €1,574 | €3,671 | +€2,097 | +133% |
| Taxes | 450/3 | €1,574 | €3,671 | +€2,097 | +133% |
| Other amounts payable | 47/48 | €105,562 | €105,621 | +€58 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53 | €53 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€606 | - | +€606 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €3,748 | €8,263 | +€4,515 | +120% |
| Operating profit (loss) | 9901 | €3,913 | €7,810 | +€3,897 | +99.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Profit (loss) for the period before taxes | 9903 | €3,913 | €7,814 | +€3,900 | +99.7% |
| Profit (loss) for the period | 9904 | €3,913 | €7,814 | +€3,900 | +99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,913 | €7,814 | +€3,900 | +99.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.