Noah BROQUET: 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.
Noah BROQUET
Largest movements
- Cash +€33,549
up €33,549 (+1,118%), from €3,000 to €36,549
mainly Net result for the year (+€44,985) and Depreciation (+€8,283)
- Deferred charges and accrued income +€23,372
up €23,372 (+36,946%), from €63 to €23,436
- Tangible fixed assets -€7,384
down €7,384 (-31.3%), from €23,602 to €16,219
- Reserves +€44,100
up €44,100 (+339%), from €13,000 to €57,100
- Tax, wage and social debts +€6,505
up €6,505 (+96.9%), from €6,715 to €13,219
- Trade debts -€2,535
down €2,535 (-79.2%), from €3,203 to €668
- Other debts +€1,416
up €1,416 (+259%), from €546 to €1,961
- Gross operating margin +€51,840
up €51,840 (+261%), from €19,861 to €71,701
- Taxes +€13,040
up €13,040 (+250%), from €5,215 to €18,255
- Depreciation +€6,885
up €6,885 (+493%), from €1,398 to €8,283
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 | €26,666 | €76,203 | +€49,537 | +186% |
| Fixed assets | 21/28 | €23,602 | €16,219 | -€7,384 | -31.3% |
| Tangible fixed assets | 22/27 | €23,602 | €16,219 | -€7,384 | -31.3% |
| Furniture and vehicles | 24 | €23,602 | €16,219 | -€7,384 | -31.3% |
| Current assets | 29/58 | €3,063 | €59,984 | +€56,921 | +1,858% |
| Cash at bank and in hand | 54/58 | €3,000 | €36,549 | +€33,549 | +1,118% |
| Deferred charges and accrued income | 490/1 | €63 | €23,436 | +€23,372 | +36,946% |
| Total equity and liabilities | 10/49 | €26,666 | €76,203 | +€49,537 | +186% |
| Equity | 10/15 | €16,203 | €60,355 | +€44,152 | +273% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €57,100 | +€44,100 | +339% |
| Distributable reserves | 133 | €13,000 | €57,100 | +€44,100 | +339% |
| Profit (loss) carried forward | 14 | €203 | €255 | +€52 | +25.8% |
| Amounts payable | 17/49 | €10,463 | €15,848 | +€5,385 | +51.5% |
| Amounts payable within one year | 42/48 | €10,463 | €15,848 | +€5,385 | +51.5% |
| Trade debts | 44 | €3,203 | €668 | -€2,535 | -79.2% |
| Suppliers | 440/4 | €3,203 | €668 | -€2,535 | -79.2% |
| Taxes, remuneration and social security | 45 | €6,715 | €13,219 | +€6,505 | +96.9% |
| Taxes | 450/3 | €6,715 | €13,219 | +€6,505 | +96.9% |
| Other amounts payable | 47/48 | €546 | €1,961 | +€1,416 | +259% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,398 | €8,283 | +€6,885 | +493% |
| Other operating charges | 640/8 | - | €98 | +€98 | |
| Gross operating margin | 9900 | €19,861 | €71,701 | +€51,840 | +261% |
| Operating profit (loss) | 9901 | €18,464 | €63,320 | +€44,856 | +243% |
| Financial charges | 65/66B | €47 | €80 | +€34 | +72.5% |
| Recurring financial charges | 65 | €47 | €80 | +€34 | +72.5% |
| Profit (loss) for the period before taxes | 9903 | €18,417 | €63,240 | +€44,823 | +243% |
| Income taxes | 67/77 | €5,215 | €18,255 | +€13,040 | +250% |
| Profit (loss) for the period | 9904 | €13,203 | €44,985 | +€31,783 | +241% |
| Profit (loss) for the period to be appropriated | 9905 | €13,203 | €44,985 | +€31,783 | +241% |
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 30 October 2026 via checked.be.