NoBa Engineering: 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.
NoBa Engineering
Largest movements
- Cash +€137,050
up €137,050 (+548%), from €24,995 to €162,044
mainly Net result for the year (+€87,204) and Current investments (+€32,339)
- Current investments -€32,339
no longer reported in 2025 (was €32,339)
- Receivables within one year +€8,531
up €8,531 (+51.8%), from €16,456 to €24,987
- Tangible fixed assets -€3,927
down €3,927 (-5.3%), from €74,002 to €70,075
- Profit (loss) carried forward +€87,204
up €87,204 (+94.1%), from €92,710 to €179,914
- Trade debts +€24,343
up €24,343 (+606%), from €4,016 to €28,359
- Tax, wage and social debts -€5,241
down €5,241 (-12.8%), from €40,883 to €35,643
of which Taxes: -€3,092
- Gross operating margin -€24,734
down €24,734 (-19.4%), from €127,526 to €102,792
- Financial income +€14,020
up €14,020 (+140,202,100%), from €0 to €14,020
of which Non-recurring financial income: +€13,980
- Taxes -€5,018
down €5,018 (-17.7%), from €28,359 to €23,341
- Financial charges -€1,904
down €1,904 (-48.8%), from €3,903 to €2,000
- Depreciation +€1,613
up €1,613 (+69.7%), from €2,314 to €3,927
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 | €149,611 | €257,106 | +€107,495 | +71.8% |
| Fixed assets | 21/28 | €74,002 | €70,075 | -€3,927 | -5.3% |
| Tangible fixed assets | 22/27 | €74,002 | €70,075 | -€3,927 | -5.3% |
| Land and buildings | 22 | €59,443 | €57,655 | -€1,788 | -3.0% |
| Furniture and vehicles | 24 | €1,841 | €1,116 | -€725 | -39.4% |
| Other tangible fixed assets | 26 | €12,718 | €11,304 | -€1,414 | -11.1% |
| Current assets | 29/58 | €75,609 | €187,031 | +€111,422 | +147% |
| Amounts receivable within one year | 40/41 | €16,456 | €24,987 | +€8,531 | +51.8% |
| Trade receivables | 40 | €16,456 | €24,987 | +€8,531 | +51.8% |
| Current investments | 50/53 | €32,339 | - | -€32,339 | |
| Cash at bank and in hand | 54/58 | €24,995 | €162,044 | +€137,050 | +548% |
| Deferred charges and accrued income | 490/1 | €1,820 | - | -€1,820 | |
| Total equity and liabilities | 10/49 | €149,611 | €257,106 | +€107,495 | +71.8% |
| Equity | 10/15 | €97,710 | €184,914 | +€87,204 | +89.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,710 | €179,914 | +€87,204 | +94.1% |
| Amounts payable | 17/49 | €51,901 | €72,191 | +€20,291 | +39.1% |
| Amounts payable within one year | 42/48 | €51,901 | €72,191 | +€20,291 | +39.1% |
| Trade debts | 44 | €4,016 | €28,359 | +€24,343 | +606% |
| Suppliers | 440/4 | €4,016 | €28,359 | +€24,343 | +606% |
| Taxes, remuneration and social security | 45 | €40,883 | €35,643 | -€5,241 | -12.8% |
| Taxes | 450/3 | €38,587 | €35,495 | -€3,092 | -8.0% |
| Remuneration and social security | 454/9 | €2,297 | €148 | -€2,149 | -93.6% |
| Other amounts payable | 47/48 | €7,002 | €8,190 | +€1,188 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,314 | €3,927 | +€1,613 | +69.7% |
| Other operating charges | 640/8 | €240 | €340 | +€100 | +41.9% |
| Gross operating margin | 9900 | €127,526 | €102,792 | -€24,734 | -19.4% |
| Operating profit (loss) | 9901 | €124,973 | €98,525 | -€26,448 | -21.2% |
| Financial income | 75/76B | €0 | €14,020 | +€14,020 | +140,202,100% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +399,900% |
| Non-recurring financial income | 76B | - | €13,980 | +€13,980 | |
| Financial charges | 65/66B | €3,903 | €2,000 | -€1,904 | -48.8% |
| Recurring financial charges | 65 | €3,903 | €2,000 | -€1,904 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €121,069 | €110,545 | -€10,524 | -8.7% |
| Income taxes | 67/77 | €28,359 | €23,341 | -€5,018 | -17.7% |
| Profit (loss) for the period | 9904 | €92,710 | €87,204 | -€5,506 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €92,710 | €87,204 | -€5,506 | -5.9% |
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 13 October 2026 via checked.be.