La Nou: 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.
La Nou
Largest movements
- Deferred charges and accrued income +€10,118
new in 2025: €10,118
- Receivables within one year +€7,157
up €7,157 (+89.0%), from €8,038 to €15,195
of which Trade receivables: +€7,680
- Cash -€1,843
down €1,843 (-56.6%), from €3,256 to €1,413
mainly Deferred charges and accrued income (-€10,118) and Net result for the year (-€8,591)
- Tangible fixed assets -€1,002
down €1,002 (-24.2%), from €4,140 to €3,138
of which Leasing and similar rights: -€502
- Stocks and contracts -€512
down €512 (-38.2%), from €1,342 to €830
- Advances received +€10,725
new in 2025: €10,725
- Accrued charges and deferred income +€9,999
up €9,999 (+124%), from €8,084 to €18,082
- Profit (loss) carried forward -€8,591
down €8,591 (-20.3%), from -€42,388 to -€50,979
- Other debts +€4,594
up €4,594 (+18.9%), from €24,294 to €28,888
- Trade debts -€4,324
down €4,324 (-53.8%), from €8,036 to €3,712
- Gross operating margin -€7,451
down €7,451, from €1,711 to -€5,740
- Other operating charges -€1,656
down €1,656 (-56.3%), from €2,941 to €1,286
- Financial charges -€724
down €724 (-56.0%), from €1,292 to €568
- Depreciation -€563
down €563 (-36.0%), from €1,565 to €1,002
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 | €16,775 | €30,693 | +€13,918 | +83.0% |
| Fixed assets | 21/28 | €4,140 | €3,138 | -€1,002 | -24.2% |
| Tangible fixed assets | 22/27 | €4,140 | €3,138 | -€1,002 | -24.2% |
| Plant, machinery and equipment | 23 | €1,638 | €1,138 | -€500 | -30.5% |
| Leasing and similar rights | 25 | €2,502 | €2,000 | -€502 | -20.1% |
| Current assets | 29/58 | €12,635 | €27,555 | +€14,920 | +118% |
| Stocks and contracts in progress | 3 | €1,342 | €830 | -€512 | -38.2% |
| Stocks | 30/36 | €1,342 | €830 | -€512 | -38.2% |
| Amounts receivable within one year | 40/41 | €8,038 | €15,195 | +€7,157 | +89.0% |
| Trade receivables | 40 | €7,514 | €15,195 | +€7,680 | +102% |
| Other amounts receivable | 41 | €524 | - | -€524 | |
| Cash at bank and in hand | 54/58 | €3,256 | €1,413 | -€1,843 | -56.6% |
| Deferred charges and accrued income | 490/1 | - | €10,118 | +€10,118 | |
| Total equity and liabilities | 10/49 | €16,775 | €30,693 | +€13,918 | +83.0% |
| Equity | 10/15 | -€23,788 | -€32,379 | -€8,591 | -36.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,388 | -€50,979 | -€8,591 | -20.3% |
| Amounts payable | 17/49 | €40,563 | €63,072 | +€22,509 | +55.5% |
| Amounts payable within one year | 42/48 | €32,480 | €44,990 | +€12,511 | +38.5% |
| Trade debts | 44 | €8,036 | €3,712 | -€4,324 | -53.8% |
| Suppliers | 440/4 | €8,036 | €3,712 | -€4,324 | -53.8% |
| Advances received on contracts in progress | 46 | - | €10,725 | +€10,725 | |
| Taxes, remuneration and social security | 45 | €150 | €1,665 | +€1,515 | +1,010% |
| Taxes | 450/3 | €150 | €765 | +€615 | +410% |
| Remuneration and social security | 454/9 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €24,294 | €28,888 | +€4,594 | +18.9% |
| Accrued charges and deferred income | 492/3 | €8,084 | €18,082 | +€9,999 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,565 | €1,002 | -€563 | -36.0% |
| Other operating charges | 640/8 | €2,941 | €1,286 | -€1,656 | -56.3% |
| Gross operating margin | 9900 | €1,711 | -€5,740 | -€7,451 | |
| Operating profit (loss) | 9901 | -€2,795 | -€8,027 | -€5,232 | -187% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,292 | €568 | -€724 | -56.0% |
| Recurring financial charges | 65 | €1,292 | €568 | -€724 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,087 | -€8,591 | -€4,504 | -110% |
| Profit (loss) for the period | 9904 | -€4,087 | -€8,591 | -€4,504 | -110% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,087 | -€8,591 | -€4,504 | -110% |
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 19 October 2026 via checked.be.