Nobleden: what changed
Two fiscal 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.
Nobleden
Largest movements
- Receivables within one year +€20,059
up €20,059 (+41.2%), from €48,683 to €68,742
of which Trade receivables: +€13,406
- Cash -€16,175
down €16,175 (-30.6%), from €52,791 to €36,616
mainly Receivables within one year (-€20,059) and Stocks and contracts (-€9,449)
- Stocks and contracts +€9,449
up €9,449 (+452.5%), from €2,088 to €11,537
- Profit (loss) carried forward +€16,727
up €16,727 (+51.2%), from €32,687 to €49,413
- Trade debts -€8,500
down €8,500 (-16.0%), from €53,022 to €44,521
- Tax, wage and social debts +€3,422
up €3,422 (+31.5%), from €10,864 to €14,286
- Other debts +€2,000
up €2,000 (+690.4%), from €290 to €2,290
- Gross operating margin +€20,683
up €20,683 (+453.5%), from €4,561 to €25,244
- Taxes +€4,871
up €4,871 (+337.0%), from €1,445 to €6,317
- Depreciation +€650
up €650 (+120.2%), from €541 to €1,191
- Other operating charges +€363
up €363 (+93.7%), from €387 to €750
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 | €106,862 | €120,869 | +€14,007 | +13.1% |
| Fixed assets | 21/28 | €2,253 | €2,927 | +€674 | +29.9% |
| Tangible fixed assets | 22/27 | €2,253 | €2,927 | +€674 | +29.9% |
| Furniture and vehicles | 24 | €2,253 | €2,927 | +€674 | +29.9% |
| Current assets | 29/58 | €104,608 | €117,941 | +€13,333 | +12.7% |
| Stocks and contracts in progress | 3 | €2,088 | €11,537 | +€9,449 | +452.5% |
| Stocks | 30/36 | €2,088 | €11,537 | +€9,449 | +452.5% |
| Amounts receivable within one year | 40/41 | €48,683 | €68,742 | +€20,059 | +41.2% |
| Trade receivables | 40 | €42,627 | €56,033 | +€13,406 | +31.5% |
| Other amounts receivable | 41 | €6,056 | €12,709 | +€6,653 | +109.9% |
| Cash at bank and in hand | 54/58 | €52,791 | €36,616 | -€16,175 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,046 | €1,046 | = | 0.0% |
| Total equity and liabilities | 10/49 | €106,862 | €120,869 | +€14,007 | +13.1% |
| Equity | 10/15 | €42,687 | €59,413 | +€16,727 | +39.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,687 | €49,413 | +€16,727 | +51.2% |
| Amounts payable | 17/49 | €64,175 | €61,455 | -€2,720 | -4.2% |
| Amounts payable within one year | 42/48 | €64,175 | €61,455 | -€2,720 | -4.2% |
| Financial debts | 43 | - | €358 | +€358 | |
| Credit institutions | 430/8 | - | €358 | +€358 | |
| Trade debts | 44 | €53,022 | €44,521 | -€8,500 | -16.0% |
| Suppliers | 440/4 | €53,022 | €44,521 | -€8,500 | -16.0% |
| Taxes, remuneration and social security | 45 | €10,864 | €14,286 | +€3,422 | +31.5% |
| Taxes | 450/3 | €10,864 | €14,286 | +€3,422 | +31.5% |
| Other amounts payable | 47/48 | €290 | €2,290 | +€2,000 | +690.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €541 | €1,191 | +€650 | +120.2% |
| Other operating charges | 640/8 | €387 | €750 | +€363 | +93.7% |
| Gross operating margin | 9900 | €4,561 | €25,244 | +€20,683 | +453.5% |
| Operating profit (loss) | 9901 | €3,632 | €23,302 | +€19,670 | +541.5% |
| Financial income | 75/76B | €3 | €0 | -€3 | -98.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -98.2% |
| Financial charges | 65/66B | €277 | €259 | -€18 | -6.5% |
| Recurring financial charges | 65 | €277 | €259 | -€18 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €3,358 | €23,043 | +€19,685 | +586.2% |
| Income taxes | 67/77 | €1,445 | €6,317 | +€4,871 | +337.0% |
| Profit (loss) for the period | 9904 | €1,913 | €16,727 | +€14,814 | +774.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,913 | €16,727 | +€14,814 | +774.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.