NOATHERM: 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.
NOATHERM
Largest movements
- Receivables within one year -€10,182
down €10,182 (-47.0%), from €21,667 to €11,485
of which Trade receivables: -€7,893
- Cash +€5,489
new in 2024: €5,489
mainly Receivables within one year (+€10,182) and Trade debts (+€10,124)
- Stocks and contracts -€1,367
down €1,367 (-15.2%), from €8,976 to €7,609
- Advances received -€15,256
no longer reported in 2024 (was €15,256)
- Trade debts +€10,124
up €10,124 (+74.0%), from €13,679 to €23,803
- Short-term financial debts -€4,986
no longer reported in 2024 (was €4,986)
- Profit (loss) carried forward +€3,075
up €3,075 (+14.1%), from -€21,862 to -€18,787
- Accrued charges and deferred income +€2,444
new in 2024: €2,444
- Gross operating margin +€4,749
up €4,749, from -€1,485 to €3,264
- Other operating charges +€85
new in 2024: €85
- Financial charges +€35
up €35 (+50.2%), from €69 to €104
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.
Derived cash bridge
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 | €30,643 | €24,583 | -€6,060 | -19.8% |
| Current assets | 29/58 | €30,643 | €24,583 | -€6,060 | -19.8% |
| Stocks and contracts in progress | 3 | €8,976 | €7,609 | -€1,367 | -15.2% |
| Stocks | 30/36 | €8,976 | €7,609 | -€1,367 | -15.2% |
| Amounts receivable within one year | 40/41 | €21,667 | €11,485 | -€10,182 | -47.0% |
| Trade receivables | 40 | €19,378 | €11,485 | -€7,893 | -40.7% |
| Other amounts receivable | 41 | €2,289 | - | -€2,289 | |
| Cash at bank and in hand | 54/58 | - | €5,489 | +€5,489 | |
| Total equity and liabilities | 10/49 | €30,643 | €24,583 | -€6,060 | -19.8% |
| Equity | 10/15 | -€11,862 | -€8,787 | +€3,075 | +25.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,862 | -€18,787 | +€3,075 | +14.1% |
| Amounts payable | 17/49 | €42,505 | €33,370 | -€9,135 | -21.5% |
| Amounts payable within one year | 42/48 | €42,505 | €30,926 | -€11,579 | -27.2% |
| Financial debts | 43 | €4,986 | - | -€4,986 | |
| Credit institutions | 430/8 | €4,986 | - | -€4,986 | |
| Trade debts | 44 | €13,679 | €23,803 | +€10,124 | +74.0% |
| Suppliers | 440/4 | €13,679 | €23,803 | +€10,124 | +74.0% |
| Advances received on contracts in progress | 46 | €15,256 | - | -€15,256 | |
| Taxes, remuneration and social security | 45 | €934 | €269 | -€665 | -71.2% |
| Taxes | 450/3 | €934 | €269 | -€665 | -71.2% |
| Other amounts payable | 47/48 | €7,650 | €6,854 | -€796 | -10.4% |
| Accrued charges and deferred income | 492/3 | - | €2,444 | +€2,444 | |
| Other operating charges | 640/8 | - | €85 | +€85 | |
| Gross operating margin | 9900 | -€1,485 | €3,264 | +€4,749 | |
| Operating profit (loss) | 9901 | -€1,485 | €3,179 | +€4,664 | |
| Financial charges | 65/66B | €69 | €104 | +€35 | +50.2% |
| Recurring financial charges | 65 | €69 | €104 | +€35 | +50.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,555 | €3,075 | +€4,630 | |
| Profit (loss) for the period | 9904 | -€1,555 | €3,075 | +€4,630 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,555 | €3,075 | +€4,630 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.