NOBLEX: 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.
NOBLEX
Largest movements
- Receivables within one year -€12,069
down €12,069 (-37.4%), from €32,257 to €20,188
of which Trade receivables: -€19,213
- Cash +€4,369
up €4,369 (+8.8%), from €49,648 to €54,017
mainly Receivables within one year (+€12,069) and Investment in fixed assets (net) (+€17)
- Reserves -€4,039
down €4,039 (-5.4%), from €74,235 to €70,196
- Tax, wage and social debts -€3,638
no longer reported in 2025 (was €3,638)
- Gross operating margin -€8,961
down €8,961, from €4,490 to -€4,471
- Other operating charges -€2,690
down €2,690 (-79.4%), from €3,388 to €699
- Financial income +€729
up €729 (+169.7%), from €430 to €1,159
- Taxes -€514
no longer reported in 2025 (was €514)
- Financial charges -€48
down €48 (-62.9%), from €76 to €28
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 | €90,437 | €82,721 | -€7,716 | -8.5% |
| Fixed assets | 21/28 | €8,532 | €8,516 | -€17 | -0.2% |
| Tangible fixed assets | 22/27 | €8,516 | €8,516 | = | 0.0% |
| Land and buildings | 22 | €8,516 | €8,516 | = | 0.0% |
| Financial fixed assets | 28 | €17 | - | -€17 | |
| Current assets | 29/58 | €81,905 | €74,205 | -€7,700 | -9.4% |
| Amounts receivable within one year | 40/41 | €32,257 | €20,188 | -€12,069 | -37.4% |
| Trade receivables | 40 | €19,213 | - | -€19,213 | |
| Other amounts receivable | 41 | €13,044 | €20,188 | +€7,144 | +54.8% |
| Cash at bank and in hand | 54/58 | €49,648 | €54,017 | +€4,369 | +8.8% |
| Total equity and liabilities | 10/49 | €90,437 | €82,721 | -€7,716 | -8.5% |
| Equity | 10/15 | €86,643 | €82,604 | -€4,039 | -4.7% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €74,235 | €70,196 | -€4,039 | -5.4% |
| Distributable reserves | 133 | €74,235 | €70,196 | -€4,039 | -5.4% |
| Amounts payable | 17/49 | €3,793 | €117 | -€3,677 | -96.9% |
| Amounts payable within one year | 42/48 | €3,793 | €117 | -€3,677 | -96.9% |
| Trade debts | 44 | €155 | €117 | -€38 | -24.7% |
| Suppliers | 440/4 | €155 | €117 | -€38 | -24.7% |
| Taxes, remuneration and social security | 45 | €3,638 | - | -€3,638 | |
| Taxes | 450/3 | €3,638 | - | -€3,638 | |
| Other operating charges | 640/8 | €3,388 | €699 | -€2,690 | -79.4% |
| Gross operating margin | 9900 | €4,490 | -€4,471 | -€8,961 | |
| Operating profit (loss) | 9901 | €1,101 | -€5,170 | -€6,271 | |
| Financial income | 75/76B | €430 | €1,159 | +€729 | +169.7% |
| Recurring financial income | 75 | €430 | €1,159 | +€729 | +169.7% |
| Financial charges | 65/66B | €76 | €28 | -€48 | -62.9% |
| Recurring financial charges | 65 | €76 | €28 | -€48 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €1,455 | -€4,039 | -€5,495 | |
| Income taxes | 67/77 | €514 | - | -€514 | |
| Profit (loss) for the period | 9904 | €941 | -€4,039 | -€4,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €941 | -€4,039 | -€4,981 |
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 8 October 2026 via checked.be.