NOCLEA: 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.
NOCLEA
Largest movements
- Financial fixed assets -€200,000
down €200,000 (-16.7%), from €1.2m to €1.0m
- Tangible fixed assets -€72,227
down €72,227 (-67.4%), from €107,155 to €34,928
of which Furniture and vehicles: -€71,986
- Deferred charges and accrued income -€17,599
down €17,599 (-86.5%), from €20,345 to €2,746
- Other debts +€619,571
up €619,571 (+396.0%), from €156,471 to €776,041
- Debts after one year -€604,113
down €604,113 (-70.7%), from €854,137 to €250,024
- Reserves -€266,576
down €266,576 (-93.7%), from €284,432 to €17,856
- Current portion of long-term debt -€41,539
down €41,539 (-50.6%), from €82,158 to €40,619
- Trade debts +€20,354
new in 2025: €20,354
- Gross operating margin -€231,918
down €231,918 (-88.2%), from €262,858 to €30,939
- Financial charges +€75,804
up €75,804 (+881.3%), from €8,601 to €84,405
of which Financial charges: +€44,857
- Financial income +€47,150
new in 2025: €47,150
of which Non-recurring financial income: +€47,150
- Depreciation -€3,390
down €3,390 (-57.8%), from €5,862 to €2,472
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 | €1,395,798 | €1,107,820 | -€287,978 | -20.6% |
| Fixed assets | 21/28 | €1,307,155 | €1,034,928 | -€272,227 | -20.8% |
| Tangible fixed assets | 22/27 | €107,155 | €34,928 | -€72,227 | -67.4% |
| Furniture and vehicles | 24 | €105,482 | €33,495 | -€71,986 | -68.2% |
| Other tangible fixed assets | 26 | €1,673 | €1,433 | -€241 | -14.4% |
| Financial fixed assets | 28 | €1,200,000 | €1,000,000 | -€200,000 | -16.7% |
| Current assets | 29/58 | €88,643 | €72,892 | -€15,750 | -17.8% |
| Amounts receivable within one year | 40/41 | €41,653 | €36,149 | -€5,504 | -13.2% |
| Trade receivables | 40 | €28,976 | €18,400 | -€10,576 | -36.5% |
| Other amounts receivable | 41 | €12,677 | €17,749 | +€5,072 | +40.0% |
| Cash at bank and in hand | 54/58 | €26,645 | €33,997 | +€7,353 | +27.6% |
| Deferred charges and accrued income | 490/1 | €20,345 | €2,746 | -€17,599 | -86.5% |
| Total equity and liabilities | 10/49 | €1,395,798 | €1,107,820 | -€287,978 | -20.6% |
| Equity | 10/15 | €303,032 | €16,384 | -€286,648 | -94.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €284,432 | €17,856 | -€266,576 | -93.7% |
| Distributable reserves | 133 | €284,432 | €17,856 | -€266,576 | -93.7% |
| Profit (loss) carried forward | 14 | - | -€20,072 | -€20,072 | |
| Amounts payable | 17/49 | €1,092,766 | €1,091,436 | -€1,330 | -0.1% |
| Amounts payable after more than one year | 17 | €854,137 | €250,024 | -€604,113 | -70.7% |
| Financial debts | 170/4 | €854,137 | €250,024 | -€604,113 | -70.7% |
| Amounts payable within one year | 42/48 | €238,629 | €841,413 | +€602,784 | +252.6% |
| Current portion of amounts payable after more than one year | 42 | €82,158 | €40,619 | -€41,539 | -50.6% |
| Trade debts | 44 | - | €20,354 | +€20,354 | |
| Suppliers | 440/4 | - | €20,354 | +€20,354 | |
| Taxes, remuneration and social security | 45 | - | €4,398 | +€4,398 | |
| Taxes | 450/3 | - | €4,398 | +€4,398 | |
| Other amounts payable | 47/48 | €156,471 | €776,041 | +€619,571 | +396.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,862 | €2,472 | -€3,390 | -57.8% |
| Other operating charges | 640/8 | €1,205 | €945 | -€260 | -21.5% |
| Non-recurring operating charges | 66A | €44,213 | €10,088 | -€34,126 | -77.2% |
| Gross operating margin | 9900 | €262,858 | €30,939 | -€231,918 | -88.2% |
| Operating profit (loss) | 9901 | €211,577 | €17,434 | -€194,143 | -91.8% |
| Financial income | 75/76B | - | €47,150 | +€47,150 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €47,150 | +€47,150 | |
| Financial charges | 65/66B | €8,601 | €84,405 | +€75,804 | +881.3% |
| Recurring financial charges | 65 | €8,601 | €53,458 | +€44,857 | +521.5% |
| Non-recurring financial charges | 66B | - | €30,947 | +€30,947 | |
| Profit (loss) for the period before taxes | 9903 | €202,976 | -€19,821 | -€222,797 | |
| Income taxes | 67/77 | €464 | €251 | -€213 | -45.9% |
| Profit (loss) for the period | 9904 | €202,512 | -€20,072 | -€222,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €202,512 | -€20,072 | -€222,584 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.