Noba: 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.
What changed
Noba
NACE 46.412, Wholesale of household textiles and bedding
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,040
2024 · €4,731-€3,691
Equity
€1.6m
2024 · €1.6m+€1,040
Cash
€73,818
2024 · €85,738-€11,921
Balance sheet total
€5.7m
2024 · €5.3m+€407,540
Largest movements
Assets
- Intangible fixed assets +€653,003
up €653,003 (+866.0%), from €75,405 to €728,409
- Tangible fixed assets -€221,890
down €221,890 (-8.8%), from €2.5m to €2.3m
of which Other tangible fixed assets: -€126,185
Equity and liabilities
- Other debts +€711,844
up €711,844 (+1541.2%), from €46,188 to €758,032
- Accrued charges and deferred income -€544,797
down €544,797 (-96.0%), from €567,297 to €22,500
- Short-term financial debts +€429,954
up €429,954 (+71.5%), from €601,643 to €1.0m
- Debts after one year -€279,916
down €279,916 (-28.9%), from €968,472 to €688,556
- Trade debts +€146,082
up €146,082 (+16.7%), from €877,149 to €1.0m
Income statement
- Depreciation +€115,386
up €115,386 (+36.8%), from €313,418 to €428,803
- Gross operating margin +€98,922
up €98,922 (+9.0%), from €1.1m to €1.2m
- Staff costs -€33,173
down €33,173 (-5.4%), from €617,561 to €584,388
- Other operating charges +€29,094
up €29,094 (+66.5%), from €43,738 to €72,831
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.
Result 2024
€4,731
Gross operating margin
+€98,922
Staff costs
+€33,173
Depreciation
-€115,386
Other operating charges
-€29,094
Other operating items
-€316
Financial income
+€3
Financial charges
+€9,007
Taxes
-€0
Result 2025
€1,040
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.
From operations
+€701,194
Investment
-€859,917
Financing
+€146,802
Cash 2024
€85,738
From operations (derived)
+€701,194
Net result for the year
+€1,040
Depreciation
+€428,803
Stocks and contracts
-€20,079
Receivables within one year
+€17,284
Deferred charges and accrued income
+€14,448
Trade debts
+€146,082
Tax, wage and social debts
-€53,431
Other debts
+€711,844
Accrued charges and deferred income
-€544,797
Investment (derived)
-€859,917
Investment in fixed assets (net)
-€859,917
Financing
+€146,802
Debts after one year
-€279,916
Current portion of long-term debt
-€3,236
Short-term financial debts
+€429,954
Cash 2025
€73,818
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,295,908 | €5,703,448 | +€407,540 | +7.7% |
| Fixed assets | 21/28 | €2,628,344 | €3,059,458 | +€431,114 | +16.4% |
| Intangible fixed assets | 21 | €75,405 | €728,409 | +€653,003 | +866.0% |
| Tangible fixed assets | 22/27 | €2,525,954 | €2,304,064 | -€221,890 | -8.8% |
| Land and buildings | 22 | €197,686 | €162,906 | -€34,780 | -17.6% |
| Plant, machinery and equipment | 23 | €261,708 | €240,956 | -€20,752 | -7.9% |
| Furniture and vehicles | 24 | €88,199 | €93,481 | +€5,282 | +6.0% |
| Leasing and similar rights | 25 | €1,409,091 | €1,363,636 | -€45,455 | -3.2% |
| Other tangible fixed assets | 26 | €569,270 | €443,085 | -€126,185 | -22.2% |
| Financial fixed assets | 28 | €26,985 | €26,985 | = | 0.0% |
| Current assets | 29/58 | €2,667,564 | €2,643,990 | -€23,574 | -0.9% |
| Stocks and contracts in progress | 3 | €2,394,025 | €2,414,104 | +€20,079 | +0.8% |
| Stocks | 30/36 | €2,394,025 | €2,414,104 | +€20,079 | +0.8% |
| Amounts receivable within one year | 40/41 | €162,140 | €144,856 | -€17,284 | -10.7% |
| Trade receivables | 40 | €153,429 | €136,696 | -€16,733 | -10.9% |
| Other amounts receivable | 41 | €8,710 | €8,160 | -€551 | -6.3% |
| Cash at bank and in hand | 54/58 | €85,738 | €73,818 | -€11,921 | -13.9% |
| Deferred charges and accrued income | 490/1 | €25,661 | €11,213 | -€14,448 | -56.3% |
| Total equity and liabilities | 10/49 | €5,295,908 | €5,703,448 | +€407,540 | +7.7% |
| Equity | 10/15 | €1,644,849 | €1,645,889 | +€1,040 | +0.1% |
| Contributions | 10/11 | €382,000 | €382,000 | = | 0.0% |
| Capital | 10 | €382,000 | €382,000 | = | 0.0% |
| Issued capital | 100 | €382,000 | €382,000 | = | 0.0% |
| Reserves | 13 | €1,704,216 | €1,704,216 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38,200 | €38,200 | = | 0.0% |
| Legal reserve | 130 | €38,200 | €38,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,069 | €22,069 | = | 0.0% |
| Distributable reserves | 133 | €1,643,948 | €1,643,948 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€441,368 | -€440,328 | +€1,040 | +0.2% |
| Amounts payable | 17/49 | €3,651,059 | €4,057,559 | +€406,500 | +11.1% |
| Amounts payable after more than one year | 17 | €968,472 | €688,556 | -€279,916 | -28.9% |
| Financial debts | 170/4 | €968,472 | €688,556 | -€279,916 | -28.9% |
| Amounts payable within one year | 42/48 | €2,115,290 | €3,346,503 | +€1.2m | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €304,804 | €301,567 | -€3,236 | -1.1% |
| Financial debts | 43 | €601,643 | €1,031,596 | +€429,954 | +71.5% |
| Credit institutions | 430/8 | €601,643 | €1,031,596 | +€429,954 | +71.5% |
| Trade debts | 44 | €877,149 | €1,023,231 | +€146,082 | +16.7% |
| Suppliers | 440/4 | €877,149 | €1,023,231 | +€146,082 | +16.7% |
| Taxes, remuneration and social security | 45 | €285,507 | €232,076 | -€53,431 | -18.7% |
| Taxes | 450/3 | €174,580 | €131,104 | -€43,476 | -24.9% |
| Remuneration and social security | 454/9 | €110,927 | €100,972 | -€9,955 | -9.0% |
| Other amounts payable | 47/48 | €46,188 | €758,032 | +€711,844 | +1541.2% |
| Accrued charges and deferred income | 492/3 | €567,297 | €22,500 | -€544,797 | -96.0% |
| Non-recurring operating income | 76A | - | €3,135 | +€3,135 | |
| Remuneration, social security and pensions | 62 | €617,561 | €584,388 | -€33,173 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313,418 | €428,803 | +€115,386 | +36.8% |
| Other operating charges | 640/8 | €43,738 | €72,831 | +€29,094 | +66.5% |
| Non-recurring operating charges | 66A | €116 | €433 | +€316 | +272.8% |
| Gross operating margin | 9900 | €1,104,628 | €1,203,550 | +€98,922 | +9.0% |
| Operating profit (loss) | 9901 | €129,795 | €117,095 | -€12,700 | -9.8% |
| Financial income | 75/76B | €449 | €451 | +€3 | +0.6% |
| Recurring financial income | 75 | €449 | €451 | +€3 | +0.6% |
| Financial charges | 65/66B | €125,241 | €116,234 | -€9,007 | -7.2% |
| Recurring financial charges | 65 | €125,241 | €116,234 | -€9,007 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €5,003 | €1,312 | -€3,691 | -73.8% |
| Income taxes | 67/77 | €272 | €272 | +€0 | +0.1% |
| Profit (loss) for the period | 9904 | €4,731 | €1,040 | -€3,691 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,731 | €1,040 | -€3,691 | -78.0% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.