NOCK PHILIP: what changed
Two financial 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.
NOCK PHILIP
Largest movements
- Intangible fixed assets -€10,000
down €10,000 (-21.1%), from €47,500 to €37,500
- Tangible fixed assets +€7,975
up €7,975 (+99.7%), from €7,995 to €15,970
of which Furniture and vehicles: +€9,639
- Receivables within one year -€1,368
down €1,368 (-32.7%), from €4,187 to €2,819
of which Trade receivables: -€1,299
- Deferred charges and accrued income +€815
new in 2025: €815
- Stocks and contracts +€788
up €788 (+12.7%), from €6,183 to €6,971
- Profit (loss) carried forward -€5,203
down €5,203 (-15.4%), from -€33,865 to -€39,067
- Other debts -€5,049
down €5,049 (-6.5%), from €77,861 to €72,812
- Trade debts +€4,558
up €4,558 (+23.6%), from €19,350 to €23,908
- Tax, wage and social debts +€4,022
up €4,022 (+513%), from €785 to €4,807
- Financial income -€8,331
down €8,331 (-98.4%), from €8,470 to €138
- Gross operating margin -€6,956
down €6,956 (-35.6%), from €19,546 to €12,591
- Depreciation +€2,916
up €2,916 (+23.0%), from €12,701 to €15,617
- Other operating charges -€1,478
down €1,478 (-56.4%), from €2,622 to €1,144
- Financial charges -€787
down €787 (-75.9%), from €1,036 to €249
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.
Derived cash bridge
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 | €70,131 | €68,460 | -€1,671 | -2.4% |
| Fixed assets | 21/28 | €55,495 | €53,470 | -€2,025 | -3.6% |
| Intangible fixed assets | 21 | €47,500 | €37,500 | -€10,000 | -21.1% |
| Tangible fixed assets | 22/27 | €7,995 | €15,970 | +€7,975 | +99.7% |
| Plant, machinery and equipment | 23 | €5,804 | €4,741 | -€1,063 | -18.3% |
| Furniture and vehicles | 24 | €1,389 | €11,029 | +€9,639 | +694% |
| Other tangible fixed assets | 26 | €803 | €201 | -€602 | -75.0% |
| Current assets | 29/58 | €14,635 | €14,990 | +€355 | +2.4% |
| Stocks and contracts in progress | 3 | €6,183 | €6,971 | +€788 | +12.7% |
| Stocks | 30/36 | €6,183 | €6,971 | +€788 | +12.7% |
| Amounts receivable within one year | 40/41 | €4,187 | €2,819 | -€1,368 | -32.7% |
| Trade receivables | 40 | €2,068 | €769 | -€1,299 | -62.8% |
| Other amounts receivable | 41 | €2,119 | €2,050 | -€69 | -3.3% |
| Cash at bank and in hand | 54/58 | €4,265 | €4,385 | +€119 | +2.8% |
| Deferred charges and accrued income | 490/1 | - | €815 | +€815 | |
| Total equity and liabilities | 10/49 | €70,131 | €68,460 | -€1,671 | -2.4% |
| Equity | 10/15 | -€27,865 | -€33,067 | -€5,203 | -18.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,865 | -€39,067 | -€5,203 | -15.4% |
| Amounts payable | 17/49 | €97,995 | €101,527 | +€3,532 | +3.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €97,995 | €101,527 | +€3,532 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €19,350 | €23,908 | +€4,558 | +23.6% |
| Suppliers | 440/4 | €19,350 | €23,908 | +€4,558 | +23.6% |
| Taxes, remuneration and social security | 45 | €785 | €4,807 | +€4,022 | +513% |
| Taxes | 450/3 | €785 | €4,807 | +€4,022 | +513% |
| Other amounts payable | 47/48 | €77,861 | €72,812 | -€5,049 | -6.5% |
| Non-recurring operating income | 76A | €3,025 | €2,500 | -€525 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,701 | €15,617 | +€2,916 | +23.0% |
| Other operating charges | 640/8 | €2,622 | €1,144 | -€1,478 | -56.4% |
| Gross operating margin | 9900 | €19,546 | €12,591 | -€6,956 | -35.6% |
| Operating profit (loss) | 9901 | €4,223 | -€4,171 | -€8,394 | |
| Financial income | 75/76B | €8,470 | €138 | -€8,331 | -98.4% |
| Recurring financial income | 75 | €8,470 | €138 | -€8,331 | -98.4% |
| Financial charges | 65/66B | €1,036 | €249 | -€787 | -75.9% |
| Recurring financial charges | 65 | €1,036 | €249 | -€787 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €11,657 | -€4,282 | -€15,939 | |
| Income taxes | 67/77 | €241 | €921 | +€680 | +282% |
| Profit (loss) for the period | 9904 | €11,416 | -€5,203 | -€16,619 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,416 | -€5,203 | -€16,619 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.