NOALTEC: 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.
NOALTEC
Largest movements
- Tangible fixed assets +€32,999
up €32,999 (+3015.3%), from €1,094 to €34,093
- Cash +€22,094
up €22,094 (+250.7%), from €8,813 to €30,907
mainly Net result for the year (+€46,942) and Tax, wage and social debts (+€15,652)
- Deferred charges and accrued income +€1,094
new in 2024: €1,094
- Profit (loss) carried forward +€46,942
up €46,942 (+438.9%), from €10,697 to €57,639
- Tax, wage and social debts +€15,652
up €15,652 (+191.0%), from €8,194 to €23,846
of which Taxes: +€15,652
- Other debts -€10,070
down €10,070 (-97.7%), from €10,310 to €239
- Trade debts +€3,349
up €3,349 (+467.2%), from €717 to €4,065
- Gross operating margin +€50,166
up €50,166 (+331.4%), from €15,139 to €65,304
- Taxes +€10,267
up €10,267 (+288.6%), from €3,558 to €13,825
- Financial charges +€1,966
up €1,966 (+239.1%), from €822 to €2,788
- Depreciation +€1,228
up €1,228 (+1987.9%), from €62 to €1,290
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,316 | €88,189 | +€55,873 | +172.9% |
| Fixed assets | 21/28 | €1,094 | €34,093 | +€32,999 | +3015.3% |
| Tangible fixed assets | 22/27 | €1,094 | €34,093 | +€32,999 | +3015.3% |
| Furniture and vehicles | 24 | €1,094 | €34,093 | +€32,999 | +3015.3% |
| Current assets | 29/58 | €31,222 | €54,096 | +€22,874 | +73.3% |
| Amounts receivable within one year | 40/41 | €22,409 | €22,095 | -€315 | -1.4% |
| Trade receivables | 40 | €22,409 | €22,095 | -€315 | -1.4% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €8,813 | €30,907 | +€22,094 | +250.7% |
| Deferred charges and accrued income | 490/1 | - | €1,094 | +€1,094 | |
| Total equity and liabilities | 10/49 | €32,316 | €88,189 | +€55,873 | +172.9% |
| Equity | 10/15 | €13,097 | €60,039 | +€46,942 | +358.4% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,697 | €57,639 | +€46,942 | +438.9% |
| Amounts payable | 17/49 | €19,220 | €28,150 | +€8,930 | +46.5% |
| Amounts payable within one year | 42/48 | €19,220 | €28,150 | +€8,930 | +46.5% |
| Trade debts | 44 | €717 | €4,065 | +€3,349 | +467.2% |
| Suppliers | 440/4 | €717 | €4,065 | +€3,349 | +467.2% |
| Taxes, remuneration and social security | 45 | €8,194 | €23,846 | +€15,652 | +191.0% |
| Taxes | 450/3 | €8,194 | €23,846 | +€15,652 | +191.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €10,310 | €239 | -€10,070 | -97.7% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62 | €1,290 | +€1,228 | +1987.9% |
| Other operating charges | 640/8 | - | €459 | +€459 | |
| Gross operating margin | 9900 | €15,139 | €65,304 | +€50,166 | +331.4% |
| Operating profit (loss) | 9901 | €15,077 | €63,555 | +€48,479 | +321.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €822 | €2,788 | +€1,966 | +239.1% |
| Recurring financial charges | 65 | €822 | €2,788 | +€1,966 | +239.1% |
| Profit (loss) for the period before taxes | 9903 | €14,254 | €60,767 | +€46,513 | +326.3% |
| Income taxes | 67/77 | €3,558 | €13,825 | +€10,267 | +288.6% |
| Profit (loss) for the period | 9904 | €10,697 | €46,942 | +€36,246 | +338.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,697 | €46,942 | +€36,246 | +338.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.