Noblesse 1882: what changed
Noblesse 1882
Largest movements
- Cash +€31,491
up €31,491 (+963%), from €3,270 to €34,761
mainly Advances received (+€58,433) and Depreciation (+€11,055)
- Receivables within one year +€18,404
up €18,404 (+33.3%), from €55,340 to €73,744
of which Trade receivables: +€12,609
- Tangible fixed assets -€11,055
down €11,055 (-20.9%), from €53,011 to €41,956
- Stocks and contracts -€6,344
down €6,344 (-23.8%), from €26,704 to €20,360
- Advances received +€58,433
new in 2025: €58,433
- Tax, wage and social debts -€12,126
down €12,126 (-75.2%), from €16,134 to €4,008
- Profit (loss) carried forward -€9,625
down €9,625 (-14.7%), from €65,638 to €56,013
- Trade debts +€8,025
up €8,025 (+41.3%), from €19,431 to €27,456
of which Suppliers: +€8,306
- Current portion of long-term debt -€6,057
down €6,057 (-60.8%), from €9,966 to €3,910
- Gross operating margin -€26,972
down €26,972 (-91.2%), from €29,560 to €2,588
- Other operating charges -€6,676
down €6,676 (-96.3%), from €6,932 to €255
- Taxes -€3,687
down €3,687 (-96.5%), from €3,819 to €132
- Financial charges -€1,605
down €1,605 (-64.8%), from €2,477 to €872
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,585 | €175,416 | +€31,831 | +22.2% |
| Fixed assets | 21/28 | €57,161 | €46,106 | -€11,055 | -19.3% |
| Tangible fixed assets | 22/27 | €53,011 | €41,956 | -€11,055 | -20.9% |
| Plant, machinery and equipment | 23 | €16,580 | €13,410 | -€3,170 | -19.1% |
| Furniture and vehicles | 24 | €15,301 | €10,707 | -€4,594 | -30.0% |
| Other tangible fixed assets | 26 | €21,130 | €17,839 | -€3,291 | -15.6% |
| Financial fixed assets | 28 | €4,150 | €4,150 | = | 0.0% |
| Current assets | 29/58 | €86,424 | €129,310 | +€42,885 | +49.6% |
| Stocks and contracts in progress | 3 | €26,704 | €20,360 | -€6,344 | -23.8% |
| Stocks | 30/36 | €26,704 | €20,360 | -€6,344 | -23.8% |
| Amounts receivable within one year | 40/41 | €55,340 | €73,744 | +€18,404 | +33.3% |
| Trade receivables | 40 | €54,309 | €66,918 | +€12,609 | +23.2% |
| Other amounts receivable | 41 | €1,031 | €6,827 | +€5,795 | +562% |
| Cash at bank and in hand | 54/58 | €3,270 | €34,761 | +€31,491 | +963% |
| Deferred charges and accrued income | 490/1 | €1,110 | €445 | -€665 | -60.0% |
| Total equity and liabilities | 10/49 | €143,585 | €175,416 | +€31,831 | +22.2% |
| Equity | 10/15 | €84,188 | €74,563 | -€9,625 | -11.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,638 | €56,013 | -€9,625 | -14.7% |
| Amounts payable | 17/49 | €59,397 | €100,853 | +€41,456 | +69.8% |
| Amounts payable after more than one year | 17 | €9,756 | €5,847 | -€3,910 | -40.1% |
| Financial debts | 170/4 | €9,756 | €5,847 | -€3,910 | -40.1% |
| Amounts payable within one year | 42/48 | €49,401 | €95,006 | +€45,605 | +92.3% |
| Current portion of amounts payable after more than one year | 42 | €9,966 | €3,910 | -€6,057 | -60.8% |
| Trade debts | 44 | €19,431 | €27,456 | +€8,025 | +41.3% |
| Suppliers | 440/4 | €19,150 | €27,456 | +€8,306 | +43.4% |
| Bills of exchange payable | 441 | €281 | - | -€281 | |
| Advances received on contracts in progress | 46 | - | €58,433 | +€58,433 | |
| Taxes, remuneration and social security | 45 | €16,134 | €4,008 | -€12,126 | -75.2% |
| Taxes | 450/3 | €16,134 | €4,008 | -€12,126 | -75.2% |
| Other amounts payable | 47/48 | €3,870 | €1,200 | -€2,670 | -69.0% |
| Accrued charges and deferred income | 492/3 | €239 | - | -€239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,061 | €11,055 | -€6 | -0.1% |
| Other operating charges | 640/8 | €6,932 | €255 | -€6,676 | -96.3% |
| Gross operating margin | 9900 | €29,560 | €2,588 | -€26,972 | -91.2% |
| Operating profit (loss) | 9901 | €11,568 | -€8,722 | -€20,290 | |
| Financial income | 75/76B | €378 | €101 | -€277 | -73.3% |
| Recurring financial income | 75 | €378 | €101 | -€277 | -73.3% |
| Financial charges | 65/66B | €2,477 | €872 | -€1,605 | -64.8% |
| Recurring financial charges | 65 | €2,477 | €872 | -€1,605 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €9,469 | -€9,493 | -€18,962 | |
| Income taxes | 67/77 | €3,819 | €132 | -€3,687 | -96.5% |
| Profit (loss) for the period | 9904 | €5,650 | -€9,625 | -€15,275 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,650 | -€9,625 | -€15,275 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.