NOCA: 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.
NOCA
Largest movements
- Tangible fixed assets +€4,136
up €4,136 (+819.0%), from €505 to €4,641
- Cash +€766
up €766 (+3831.0%), from €20 to €786
mainly Other debts (+€3,401) and Depreciation (+€1,753)
- Receivables within one year -€560
down €560 (-91.4%), from €612 to €53
- Other debts +€3,401
up €3,401 (+39.8%), from €8,552 to €11,953
- Profit (loss) carried forward +€942
up €942 (+9.0%), from -€10,415 to -€9,473
- Gross operating margin +€3,238
up €3,238, from -€100 to €3,138
- Depreciation +€1,248
up €1,248 (+247.1%), from €505 to €1,753
- Other operating charges +€400
new in 2025: €400
- Financial charges +€44
new in 2025: €44
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 | €1,137 | €5,480 | +€4,343 | +381.9% |
| Fixed assets | 21/28 | €505 | €4,641 | +€4,136 | +819.0% |
| Tangible fixed assets | 22/27 | €505 | €4,641 | +€4,136 | +819.0% |
| Other tangible fixed assets | 26 | €505 | €4,641 | +€4,136 | +819.0% |
| Current assets | 29/58 | €632 | €839 | +€207 | +32.7% |
| Amounts receivable within one year | 40/41 | €612 | €53 | -€560 | -91.4% |
| Other amounts receivable | 41 | €612 | €53 | -€560 | -91.4% |
| Cash at bank and in hand | 54/58 | €20 | €786 | +€766 | +3831.0% |
| Total equity and liabilities | 10/49 | €1,137 | €5,480 | +€4,343 | +381.9% |
| Equity | 10/15 | -€7,415 | -€6,473 | +€942 | +12.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,415 | -€9,473 | +€942 | +9.0% |
| Amounts payable | 17/49 | €8,552 | €11,953 | +€3,401 | +39.8% |
| Amounts payable within one year | 42/48 | €8,552 | €11,953 | +€3,401 | +39.8% |
| Other amounts payable | 47/48 | €8,552 | €11,953 | +€3,401 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €505 | €1,753 | +€1,248 | +247.1% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€100 | €3,138 | +€3,238 | |
| Operating profit (loss) | 9901 | -€605 | €985 | +€1,590 | |
| Financial charges | 65/66B | - | €44 | +€44 | |
| Recurring financial charges | 65 | - | €44 | +€44 | |
| Profit (loss) for the period before taxes | 9903 | -€605 | €942 | +€1,547 | |
| Profit (loss) for the period | 9904 | -€605 | €942 | +€1,547 | |
| Profit (loss) for the period to be appropriated | 9905 | -€605 | €942 | +€1,547 |
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 28 September 2026 via checked.be.