NOCHO: 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.
NOCHO
Largest movements
- Current investments +€25,000
up €25,000 (+71.4%), from €34,998 to €59,998
- Receivables within one year +€10,154
up €10,154 (+1572.5%), from €646 to €10,799
- Cash -€8,126
down €8,126 (-49.6%), from €16,376 to €8,250
mainly Contributions, distributions and other (-€45,000) and Current investments (-€25,000)
- Tangible fixed assets -€3,163
down €3,163 (-32.4%), from €9,758 to €6,594
of which Furniture and vehicles: -€3,214
- Other debts +€45,190
up €45,190 (+516.3%), from €8,753 to €53,944
- Profit (loss) carried forward -€21,689
down €21,689 (-46.6%), from €46,588 to €24,899
- Staff costs +€763
up €763 (+33.4%), from €2,286 to €3,050
- Financial income +€695
up €695 (+213.4%), from €326 to €1,020
- Gross operating margin +€507
up €507 (+1.3%), from €38,667 to €39,174
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 | €63,091 | €87,104 | +€24,013 | +38.1% |
| Fixed assets | 21/28 | €9,758 | €6,594 | -€3,163 | -32.4% |
| Tangible fixed assets | 22/27 | €9,758 | €6,594 | -€3,163 | -32.4% |
| Plant, machinery and equipment | 23 | €4,265 | €4,316 | +€51 | +1.2% |
| Furniture and vehicles | 24 | €5,493 | €2,279 | -€3,214 | -58.5% |
| Current assets | 29/58 | €53,334 | €80,510 | +€27,176 | +51.0% |
| Amounts receivable within one year | 40/41 | €646 | €10,799 | +€10,154 | +1572.5% |
| Trade receivables | 40 | €646 | €10,799 | +€10,154 | +1572.5% |
| Current investments | 50/53 | €34,998 | €59,998 | +€25,000 | +71.4% |
| Cash at bank and in hand | 54/58 | €16,376 | €8,250 | -€8,126 | -49.6% |
| Deferred charges and accrued income | 490/1 | €1,314 | €1,462 | +€148 | +11.3% |
| Total equity and liabilities | 10/49 | €63,091 | €87,104 | +€24,013 | +38.1% |
| Equity | 10/15 | €49,088 | €27,399 | -€21,689 | -44.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,588 | €24,899 | -€21,689 | -46.6% |
| Amounts payable | 17/49 | €14,003 | €59,705 | +€45,702 | +326.4% |
| Amounts payable within one year | 42/48 | €14,003 | €59,705 | +€45,702 | +326.4% |
| Trade debts | 44 | €375 | €598 | +€224 | +59.7% |
| Suppliers | 440/4 | €375 | €598 | +€224 | +59.7% |
| Taxes, remuneration and social security | 45 | €4,875 | €5,164 | +€288 | +5.9% |
| Taxes | 450/3 | €4,875 | €5,164 | +€288 | +5.9% |
| Other amounts payable | 47/48 | €8,753 | €53,944 | +€45,190 | +516.3% |
| Remuneration, social security and pensions | 62 | €2,286 | €3,050 | +€763 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,361 | €4,343 | -€17 | -0.4% |
| Other operating charges | 640/8 | €679 | €701 | +€21 | +3.1% |
| Gross operating margin | 9900 | €38,667 | €39,174 | +€507 | +1.3% |
| Operating profit (loss) | 9901 | €31,341 | €31,080 | -€260 | -0.8% |
| Financial income | 75/76B | €326 | €1,020 | +€695 | +213.4% |
| Recurring financial income | 75 | €326 | €1,020 | +€695 | +213.4% |
| Financial charges | 65/66B | €674 | €480 | -€194 | -28.8% |
| Recurring financial charges | 65 | €674 | €480 | -€194 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €30,992 | €31,620 | +€628 | +2.0% |
| Income taxes | 67/77 | €8,238 | €8,310 | +€72 | +0.9% |
| Profit (loss) for the period | 9904 | €22,754 | €23,311 | +€557 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,754 | €23,311 | +€557 | +2.4% |
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.