Noble: 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.
Noble
Largest movements
- Receivables within one year +€811
up €811 (+144.2%), from €563 to €1,374
of which Trade receivables: +€1,079
- Cash -€676
down €676 (-98.2%), from €688 to €12
mainly Net result for the year (-€2,586) and Receivables within one year (-€811)
- Other debts +€2,598
up €2,598 (+32.2%), from €8,074 to €10,671
- Profit (loss) carried forward -€2,586
down €2,586 (-30.1%), from -€8,586 to -€11,171
- Accrued charges and deferred income +€595
new in 2025: €595
- Trade debts -€472
down €472 (-83.8%), from €563 to €91
- Gross operating margin +€5,775
up €5,775 (+69.6%), from -€8,295 to -€2,520
- Financial charges -€179
down €179 (-73.0%), from €245 to €66
- Other operating charges -€175
no longer reported in 2025 (was €175)
- Financial income -€129
down €129 (-100.0%), from €129 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,251 | €1,386 | +€135 | +10.8% |
| Current assets | 29/58 | €1,251 | €1,386 | +€135 | +10.8% |
| Amounts receivable within one year | 40/41 | €563 | €1,374 | +€811 | +144.2% |
| Trade receivables | 40 | - | €1,079 | +€1,079 | |
| Other amounts receivable | 41 | €563 | €295 | -€268 | -47.6% |
| Cash at bank and in hand | 54/58 | €688 | €12 | -€676 | -98.2% |
| Total equity and liabilities | 10/49 | €1,251 | €1,386 | +€135 | +10.8% |
| Equity | 10/15 | -€7,386 | -€9,971 | -€2,586 | -35.0% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,586 | -€11,171 | -€2,586 | -30.1% |
| Amounts payable | 17/49 | €8,637 | €11,357 | +€2,721 | +31.5% |
| Amounts payable within one year | 42/48 | €8,637 | €10,762 | +€2,126 | +24.6% |
| Trade debts | 44 | €563 | €91 | -€472 | -83.8% |
| Suppliers | 440/4 | €563 | €91 | -€472 | -83.8% |
| Other amounts payable | 47/48 | €8,074 | €10,671 | +€2,598 | +32.2% |
| Accrued charges and deferred income | 492/3 | - | €595 | +€595 | |
| Other operating charges | 640/8 | €175 | - | -€175 | |
| Gross operating margin | 9900 | -€8,295 | -€2,520 | +€5,775 | +69.6% |
| Operating profit (loss) | 9901 | -€8,470 | -€2,520 | +€5,950 | +70.3% |
| Financial income | 75/76B | €129 | €0 | -€129 | -100.0% |
| Recurring financial income | 75 | €129 | €0 | -€129 | -100.0% |
| Financial charges | 65/66B | €245 | €66 | -€179 | -73.0% |
| Recurring financial charges | 65 | €245 | €66 | -€179 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,586 | -€2,586 | +€6,000 | +69.9% |
| Profit (loss) for the period | 9904 | -€8,586 | -€2,586 | +€6,000 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,586 | -€2,586 | +€6,000 | +69.9% |
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 9 October 2026 via checked.be.