NOA TECHNOLOGIES: 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 TECHNOLOGIES
Largest movements
- Cash -€9,622
down €9,622 (-44.0%), from €21,853 to €12,231
mainly Net result for the year (-€6,097) and Stocks and contracts (-€5,651)
- Stocks and contracts +€5,651
up €5,651 (+25.2%), from €22,441 to €28,092
- Receivables within one year +€2,450
up €2,450 (+113.6%), from €2,156 to €4,606
of which Trade receivables: +€2,600
- Deferred charges and accrued income -€2,371
down €2,371 (-98.6%), from €2,404 to €33
- Intangible fixed assets -€1,901
down €1,901 (-29.2%), from €6,501 to €4,601
- Profit (loss) carried forward -€6,097
down €6,097 (-10.3%), from -€59,243 to -€65,340
- Gross operating margin +€15,573
up €15,573 (+85.4%), from -€18,225 to -€2,652
- Depreciation -€650
down €650 (-25.5%), from €2,551 to €1,901
- Financial charges -€286
down €286 (-20.0%), from €1,429 to €1,143
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
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 | €55,356 | €49,562 | -€5,793 | -10.5% |
| Fixed assets | 21/28 | €6,501 | €4,601 | -€1,901 | -29.2% |
| Intangible fixed assets | 21 | €6,501 | €4,601 | -€1,901 | -29.2% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €48,855 | €44,962 | -€3,893 | -8.0% |
| Stocks and contracts in progress | 3 | €22,441 | €28,092 | +€5,651 | +25.2% |
| Stocks | 30/36 | €22,441 | €28,092 | +€5,651 | +25.2% |
| Amounts receivable within one year | 40/41 | €2,156 | €4,606 | +€2,450 | +113.6% |
| Trade receivables | 40 | €1,908 | €4,507 | +€2,600 | +136.3% |
| Other amounts receivable | 41 | €248 | €99 | -€150 | -60.3% |
| Cash at bank and in hand | 54/58 | €21,853 | €12,231 | -€9,622 | -44.0% |
| Deferred charges and accrued income | 490/1 | €2,404 | €33 | -€2,371 | -98.6% |
| Total equity and liabilities | 10/49 | €55,356 | €49,562 | -€5,793 | -10.5% |
| Equity | 10/15 | -€50,243 | -€56,340 | -€6,097 | -12.1% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,243 | -€65,340 | -€6,097 | -10.3% |
| Amounts payable | 17/49 | €105,599 | €105,902 | +€303 | +0.3% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,599 | €5,902 | +€303 | +5.4% |
| Trade debts | 44 | €5,396 | €5,196 | -€200 | -3.7% |
| Suppliers | 440/4 | €5,396 | €5,196 | -€200 | -3.7% |
| Taxes, remuneration and social security | 45 | €0 | €503 | +€503 | |
| Taxes | 450/3 | €0 | €503 | +€503 | |
| Other amounts payable | 47/48 | €204 | €204 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,551 | €1,901 | -€650 | -25.5% |
| Other operating charges | 640/8 | €502 | €497 | -€5 | -1.1% |
| Gross operating margin | 9900 | -€18,225 | -€2,652 | +€15,573 | +85.4% |
| Operating profit (loss) | 9901 | -€21,278 | -€5,050 | +€16,229 | +76.3% |
| Financial income | 75/76B | €0 | €96 | +€96 | |
| Recurring financial income | 75 | €0 | €96 | +€96 | |
| Financial charges | 65/66B | €1,429 | €1,143 | -€286 | -20.0% |
| Recurring financial charges | 65 | €1,429 | €1,143 | -€286 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,707 | -€6,097 | +€16,611 | +73.2% |
| Profit (loss) for the period | 9904 | -€22,707 | -€6,097 | +€16,611 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,707 | -€6,097 | +€16,611 | +73.2% |
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 1 October 2026 via checked.be.