Noa by Géraldine’: 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.
Noa by Géraldine’
Largest movements
- Cash -€12,099
down €12,099 (-21.2%), from €57,024 to €44,924
mainly Receivables within one year (-€8,008) and Net result for the year (-€7,391)
- Receivables within one year +€8,008
up €8,008 (+85.5%), from €9,368 to €17,377
of which Trade receivables: +€5,164
- Tangible fixed assets -€2,580
down €2,580 (-37.8%), from €6,817 to €4,237
of which Furniture and vehicles: -€1,480
- Profit (loss) carried forward -€7,391
new in 2025: -€7,391
- Other debts +€2,388
up €2,388 (+34.1%), from €7,008 to €9,396
- Tax, wage and social debts -€2,261
down €2,261 (-53.9%), from €4,197 to €1,936
- Trade debts +€1,457
up €1,457 (+79.8%), from €1,825 to €3,282
- Gross operating margin -€28,312
down €28,312, from €26,329 to -€1,983
- Taxes -€4,878
down €4,878 (-97.0%), from €5,029 to €151
- Financial charges -€585
down €585 (-79.7%), from €734 to €149
- Depreciation +€505
up €505 (+13.8%), from €3,663 to €4,168
- Other operating charges +€302
up €302 (+47.4%), from €637 to €939
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 | €73,891 | €67,474 | -€6,418 | -8.7% |
| Fixed assets | 21/28 | €6,817 | €4,237 | -€2,580 | -37.8% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -64.5% |
| Tangible fixed assets | 22/27 | €6,817 | €4,237 | -€2,580 | -37.8% |
| Plant, machinery and equipment | 23 | €2,332 | €1,232 | -€1,100 | -47.2% |
| Furniture and vehicles | 24 | €4,485 | €3,005 | -€1,480 | -33.0% |
| Current assets | 29/58 | €67,074 | €63,236 | -€3,838 | -5.7% |
| Amounts receivable within one year | 40/41 | €9,368 | €17,377 | +€8,008 | +85.5% |
| Trade receivables | 40 | €7,364 | €12,528 | +€5,164 | +70.1% |
| Other amounts receivable | 41 | €2,004 | €4,849 | +€2,845 | +142% |
| Cash at bank and in hand | 54/58 | €57,024 | €44,924 | -€12,099 | -21.2% |
| Deferred charges and accrued income | 490/1 | €682 | €935 | +€253 | +37.2% |
| Total equity and liabilities | 10/49 | €73,891 | €67,474 | -€6,418 | -8.7% |
| Equity | 10/15 | €60,250 | €52,859 | -€7,391 | -12.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €55,250 | €55,250 | = | 0.0% |
| Distributable reserves | 133 | €55,250 | €55,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,391 | -€7,391 | |
| Amounts payable | 17/49 | €13,641 | €14,614 | +€973 | +7.1% |
| Amounts payable within one year | 42/48 | €13,030 | €14,614 | +€1,584 | +12.2% |
| Trade debts | 44 | €1,825 | €3,282 | +€1,457 | +79.8% |
| Suppliers | 440/4 | €1,825 | €3,282 | +€1,457 | +79.8% |
| Taxes, remuneration and social security | 45 | €4,197 | €1,936 | -€2,261 | -53.9% |
| Taxes | 450/3 | €4,197 | €1,936 | -€2,261 | -53.9% |
| Other amounts payable | 47/48 | €7,008 | €9,396 | +€2,388 | +34.1% |
| Accrued charges and deferred income | 492/3 | €611 | €0 | -€611 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,663 | €4,168 | +€505 | +13.8% |
| Other operating charges | 640/8 | €637 | €939 | +€302 | +47.4% |
| Gross operating margin | 9900 | €26,329 | -€1,983 | -€28,312 | |
| Operating profit (loss) | 9901 | €22,029 | -€7,090 | -€29,119 | |
| Financial income | 75/76B | €41 | €0 | -€41 | -100% |
| Recurring financial income | 75 | €41 | €0 | -€41 | -100% |
| Financial charges | 65/66B | €734 | €149 | -€585 | -79.7% |
| Recurring financial charges | 65 | €734 | €149 | -€585 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €21,335 | -€7,239 | -€28,575 | |
| Income taxes | 67/77 | €5,029 | €151 | -€4,878 | -97.0% |
| Profit (loss) for the period | 9904 | €16,306 | -€7,391 | -€23,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,306 | -€7,391 | -€23,696 |
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 27 October 2026 via checked.be.