Noble Papote: 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 Papote
Largest movements
- Cash -€11,214
down €11,214 (-93.4%), from €12,012 to €798
mainly Advances received (-€7,000) and Net result for the year (-€6,277)
- Tangible fixed assets -€4,102
down €4,102 (-47.5%), from €8,632 to €4,530
of which Furniture and vehicles: -€2,571
- Receivables within one year +€3,000
new in 2025: €3,000
- Advances received -€7,000
no longer reported in 2025 (was €7,000)
- Profit (loss) carried forward -€6,277
down €6,277 (-566%), from -€1,109 to -€7,386
- Trade debts +€593
up €593 (+156%), from €381 to €974
- Tax, wage and social debts +€437
up €437 (+10.5%), from €4,151 to €4,588
of which Remuneration and social security: +€1,500
- Gross operating margin -€8,074
down €8,074, from €7,128 to -€946
- Taxes -€1,767
no longer reported in 2025 (was €1,767)
- Depreciation +€917
up €917 (+28.8%), from €3,185 to €4,102
- Other operating charges -€418
down €418 (-27.9%), from €1,499 to €1,081
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 | €20,644 | €8,328 | -€12,316 | -59.7% |
| Fixed assets | 21/28 | €8,632 | €4,530 | -€4,102 | -47.5% |
| Tangible fixed assets | 22/27 | €8,632 | €4,530 | -€4,102 | -47.5% |
| Furniture and vehicles | 24 | €6,254 | €3,683 | -€2,571 | -41.1% |
| Other tangible fixed assets | 26 | €2,378 | €847 | -€1,531 | -64.4% |
| Current assets | 29/58 | €12,012 | €3,798 | -€8,214 | -68.4% |
| Amounts receivable within one year | 40/41 | - | €3,000 | +€3,000 | |
| Trade receivables | 40 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €12,012 | €798 | -€11,214 | -93.4% |
| Total equity and liabilities | 10/49 | €20,644 | €8,328 | -€12,316 | -59.7% |
| Equity | 10/15 | -€609 | -€6,886 | -€6,277 | -1,031% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,109 | -€7,386 | -€6,277 | -566% |
| Amounts payable | 17/49 | €21,253 | €15,214 | -€6,039 | -28.4% |
| Amounts payable within one year | 42/48 | €21,253 | €15,214 | -€6,039 | -28.4% |
| Trade debts | 44 | €381 | €974 | +€593 | +156% |
| Suppliers | 440/4 | €381 | €974 | +€593 | +156% |
| Advances received on contracts in progress | 46 | €7,000 | - | -€7,000 | |
| Taxes, remuneration and social security | 45 | €4,151 | €4,588 | +€437 | +10.5% |
| Taxes | 450/3 | €4,151 | €3,088 | -€1,063 | -25.6% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €9,721 | €9,652 | -€69 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,185 | €4,102 | +€917 | +28.8% |
| Other operating charges | 640/8 | €1,499 | €1,081 | -€418 | -27.9% |
| Gross operating margin | 9900 | €7,128 | -€946 | -€8,074 | |
| Operating profit (loss) | 9901 | €2,444 | -€6,129 | -€8,573 | |
| Financial charges | 65/66B | €92 | €148 | +€56 | +60.9% |
| Recurring financial charges | 65 | €92 | €148 | +€56 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | €2,352 | -€6,277 | -€8,629 | |
| Income taxes | 67/77 | €1,767 | - | -€1,767 | |
| Profit (loss) for the period | 9904 | €585 | -€6,277 | -€6,862 | |
| Profit (loss) for the period to be appropriated | 9905 | €585 | -€6,277 | -€6,862 |
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 30 October 2026 via checked.be.