NOCTA-TCG: 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.
NOCTA-TCG
Largest movements
- Receivables within one year +€49,232
up €49,232 (+89.0%), from €55,324 to €104,556
of which Trade receivables: +€34,683
- Cash -€26,188
down €26,188 (-50.9%), from €51,401 to €25,212
mainly Receivables within one year (-€49,232) and Tax, wage and social debts (-€27,225)
- Stocks and contracts +€17,206
up €17,206 (+17.9%), from €96,286 to €113,491
- Profit (loss) carried forward +€71,108
up €71,108 (+69.9%), from €101,782 to €172,890
- Tax, wage and social debts -€27,225
down €27,225 (-97.3%), from €27,976 to €751
- Other debts -€25,770
no longer reported in 2025 (was €25,770)
- Advances received +€12,071
new in 2025: €12,071
- Short-term financial debts +€6,755
new in 2025: €6,755
- Gross operating margin -€39,786
down €39,786 (-30.5%), from €130,525 to €90,739
- Taxes -€9,897
down €9,897 (-35.4%), from €27,976 to €18,079
- Financial charges +€1,422
up €1,422 (+268%), from €530 to €1,952
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 | €205,006 | €244,809 | +€39,803 | +19.4% |
| Fixed assets | 21/28 | €1,995 | €1,549 | -€446 | -22.4% |
| Tangible fixed assets | 22/27 | €1,995 | €1,549 | -€446 | -22.4% |
| Furniture and vehicles | 24 | €1,995 | €1,549 | -€446 | -22.4% |
| Current assets | 29/58 | €203,011 | €243,260 | +€40,249 | +19.8% |
| Stocks and contracts in progress | 3 | €96,286 | €113,491 | +€17,206 | +17.9% |
| Stocks | 30/36 | €96,286 | €113,491 | +€17,206 | +17.9% |
| Amounts receivable within one year | 40/41 | €55,324 | €104,556 | +€49,232 | +89.0% |
| Trade receivables | 40 | €42,124 | €76,808 | +€34,683 | +82.3% |
| Other amounts receivable | 41 | €13,200 | €27,748 | +€14,548 | +110% |
| Cash at bank and in hand | 54/58 | €51,401 | €25,212 | -€26,188 | -50.9% |
| Total equity and liabilities | 10/49 | €205,006 | €244,809 | +€39,803 | +19.4% |
| Equity | 10/15 | €105,782 | €176,890 | +€71,108 | +67.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,782 | €172,890 | +€71,108 | +69.9% |
| Amounts payable | 17/49 | €99,224 | €67,919 | -€31,305 | -31.6% |
| Amounts payable within one year | 42/48 | €99,224 | €67,919 | -€31,305 | -31.6% |
| Financial debts | 43 | - | €6,755 | +€6,755 | |
| Other loans | 439 | - | €6,755 | +€6,755 | |
| Trade debts | 44 | €45,478 | €48,342 | +€2,864 | +6.3% |
| Suppliers | 440/4 | €45,478 | €48,342 | +€2,864 | +6.3% |
| Advances received on contracts in progress | 46 | - | €12,071 | +€12,071 | |
| Taxes, remuneration and social security | 45 | €27,976 | €751 | -€27,225 | -97.3% |
| Taxes | 450/3 | €27,976 | €751 | -€27,225 | -97.3% |
| Other amounts payable | 47/48 | €25,770 | - | -€25,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €236 | €446 | +€210 | +89.0% |
| Gross operating margin | 9900 | €130,525 | €90,739 | -€39,786 | -30.5% |
| Operating profit (loss) | 9901 | €130,288 | €90,293 | -€39,996 | -30.7% |
| Financial income | 75/76B | - | €847 | +€847 | |
| Recurring financial income | 75 | - | €847 | +€847 | |
| Financial charges | 65/66B | €530 | €1,952 | +€1,422 | +268% |
| Recurring financial charges | 65 | €530 | €1,952 | +€1,422 | +268% |
| Profit (loss) for the period before taxes | 9903 | €129,758 | €89,187 | -€40,571 | -31.3% |
| Income taxes | 67/77 | €27,976 | €18,079 | -€9,897 | -35.4% |
| Profit (loss) for the period | 9904 | €101,782 | €71,108 | -€30,674 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €101,782 | €71,108 | -€30,674 | -30.1% |
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 26 October 2026 via checked.be.