NOA: what changed
Two fiscal 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.
NOA
Largest movements
- Receivables within one year -€863
down €863 (-63.3%), from €1,363 to €500
- Trade debts +€1,713
new in 2025: €1,713
- Profit (loss) carried forward -€1,660
down €1,660 (-2.2%), from -€74,016 to -€75,676
- Tax, wage and social debts -€786
down €786 (-20.8%), from €3,778 to €2,992
of which Remuneration and social security: -€1,200
- Short-term financial debts -€140
down €140 (-3.2%), from €4,324 to €4,184
- Purchases and services +€10,411
up €10,411 (+12.0%), from €86,659 to €97,071
- Gross operating margin -€5,322
down €5,322, from €4,557 to -€764
- Turnover +€2,667
up €2,667 (+2.9%), from €91,174 to €93,841
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,363 | €500 | -€863 | -63.3% |
| Current assets | 29/58 | €1,363 | €500 | -€863 | -63.3% |
| Amounts receivable within one year | 40/41 | €1,363 | €500 | -€863 | -63.3% |
| Trade receivables | 40 | €1,363 | €500 | -€863 | -63.3% |
| Total equity and liabilities | 10/49 | €1,363 | €500 | -€863 | -63.3% |
| Equity | 10/15 | -€54,016 | -€55,676 | -€1,660 | -3.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,016 | -€75,676 | -€1,660 | -2.2% |
| Amounts payable | 17/49 | €55,379 | €56,176 | +€797 | +1.4% |
| Amounts payable within one year | 42/48 | €55,379 | €56,176 | +€797 | +1.4% |
| Financial debts | 43 | €4,324 | €4,184 | -€140 | -3.2% |
| Other loans | 439 | €4,324 | €4,184 | -€140 | -3.2% |
| Trade debts | 44 | - | €1,713 | +€1,713 | |
| Suppliers | 440/4 | - | €1,713 | +€1,713 | |
| Taxes, remuneration and social security | 45 | €3,778 | €2,992 | -€786 | -20.8% |
| Taxes | 450/3 | €2,578 | €2,992 | +€414 | +16.0% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €47,276 | €47,286 | +€10 | 0.0% |
| Turnover | 70 | €91,174 | €93,841 | +€2,667 | +2.9% |
| Non-recurring operating income | 76A | €43 | €2,466 | +€2,423 | +5624.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €86,659 | €97,071 | +€10,411 | +12.0% |
| Other operating charges | 640/8 | €112 | €112 | = | 0.0% |
| Gross operating margin | 9900 | €4,557 | -€764 | -€5,322 | |
| Operating profit (loss) | 9901 | €4,445 | -€876 | -€5,322 | |
| Financial charges | 65/66B | €790 | €783 | -€7 | -0.8% |
| Recurring financial charges | 65 | €790 | €783 | -€7 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €3,655 | -€1,660 | -€5,315 | |
| Profit (loss) for the period | 9904 | €3,655 | -€1,660 | -€5,315 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,655 | -€1,660 | -€5,315 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.