Nocava: 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.
Nocava
Largest movements
- Receivables within one year -€64,979
down €64,979 (-73.5%), from €88,367 to €23,388
of which Trade receivables: -€65,098
- Cash -€11,744
down €11,744 (-32.7%), from €35,945 to €24,201
mainly Trade debts (-€45,711) and Investment in fixed assets (net) (-€23,765)
- Deferred charges and accrued income +€8,670
up €8,670 (+2629.7%), from €330 to €9,000
- Tangible fixed assets +€3,946
up €3,946 (+5.8%), from €67,617 to €71,562
of which Furniture and vehicles: +€19,445
- Trade debts -€45,711
down €45,711 (-92.1%), from €49,647 to €3,935
- Reserves +€18,000
up €18,000 (+1180.5%), from €1,525 to €19,525
- Tax, wage and social debts -€14,262
down €14,262 (-65.2%), from €21,863 to €7,601
of which Taxes: -€10,262
- Debts after one year -€13,912
down €13,912 (-27.0%), from €51,587 to €37,675
- Current portion of long-term debt -€9,307
down €9,307 (-40.1%), from €23,218 to €13,912
- Write-downs -€11,054
no longer reported in 2025 (was €11,054)
- Depreciation +€8,368
up €8,368 (+73.1%), from €11,451 to €19,819
- Gross operating margin -€4,588
down €4,588 (-8.2%), from €55,700 to €51,112
- Taxes +€1,177
up €1,177 (+15.5%), from €7,601 to €8,777
- Financial charges +€582
up €582 (+26.9%), from €2,164 to €2,746
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 | €192,258 | €128,152 | -€64,107 | -33.3% |
| Fixed assets | 21/28 | €67,617 | €71,562 | +€3,946 | +5.8% |
| Tangible fixed assets | 22/27 | €67,617 | €71,562 | +€3,946 | +5.8% |
| Plant, machinery and equipment | 23 | €1,472 | €685 | -€787 | -53.5% |
| Furniture and vehicles | 24 | €2,393 | €21,838 | +€19,445 | +812.5% |
| Leasing and similar rights | 25 | €63,751 | €49,039 | -€14,712 | -23.1% |
| Current assets | 29/58 | €124,642 | €56,590 | -€68,052 | -54.6% |
| Amounts receivable within one year | 40/41 | €88,367 | €23,388 | -€64,979 | -73.5% |
| Trade receivables | 40 | €86,249 | €21,151 | -€65,098 | -75.5% |
| Other amounts receivable | 41 | €2,118 | €2,238 | +€120 | +5.6% |
| Cash at bank and in hand | 54/58 | €35,945 | €24,201 | -€11,744 | -32.7% |
| Deferred charges and accrued income | 490/1 | €330 | €9,000 | +€8,670 | +2629.7% |
| Total equity and liabilities | 10/49 | €192,258 | €128,152 | -€64,107 | -33.3% |
| Equity | 10/15 | €36,417 | €55,572 | +€19,155 | +52.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,525 | €19,525 | +€18,000 | +1180.5% |
| Distributable reserves | 133 | €1,525 | €19,525 | +€18,000 | +1180.5% |
| Profit (loss) carried forward | 14 | €28,692 | €29,848 | +€1,155 | +4.0% |
| Amounts payable | 17/49 | €155,841 | €72,579 | -€83,262 | -53.4% |
| Amounts payable after more than one year | 17 | €51,587 | €37,675 | -€13,912 | -27.0% |
| Financial debts | 170/4 | €51,587 | €37,675 | -€13,912 | -27.0% |
| Amounts payable within one year | 42/48 | €104,255 | €34,904 | -€69,351 | -66.5% |
| Current portion of amounts payable after more than one year | 42 | €23,218 | €13,912 | -€9,307 | -40.1% |
| Trade debts | 44 | €49,647 | €3,935 | -€45,711 | -92.1% |
| Suppliers | 440/4 | €49,647 | €3,935 | -€45,711 | -92.1% |
| Taxes, remuneration and social security | 45 | €21,863 | €7,601 | -€14,262 | -65.2% |
| Taxes | 450/3 | €17,863 | €7,601 | -€10,262 | -57.5% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €9,526 | €9,456 | -€70 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,451 | €19,819 | +€8,368 | +73.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,054 | - | -€11,054 | |
| Other operating charges | 640/8 | €657 | €647 | -€10 | -1.5% |
| Gross operating margin | 9900 | €55,700 | €51,112 | -€4,588 | -8.2% |
| Operating profit (loss) | 9901 | €32,537 | €30,645 | -€1,892 | -5.8% |
| Financial income | 75/76B | €0 | €34 | +€33 | +11103.3% |
| Recurring financial income | 75 | €0 | €34 | +€33 | +11103.3% |
| Financial charges | 65/66B | €2,164 | €2,746 | +€582 | +26.9% |
| Recurring financial charges | 65 | €2,164 | €2,746 | +€582 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €30,373 | €27,933 | -€2,441 | -8.0% |
| Income taxes | 67/77 | €7,601 | €8,777 | +€1,177 | +15.5% |
| Profit (loss) for the period | 9904 | €22,772 | €19,155 | -€3,617 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,772 | €19,155 | -€3,617 | -15.9% |
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 1 October 2026 via checked.be.