NOCTEM: 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.
NOCTEM
Largest movements
- Receivables within one year +€37,969
up €37,969 (+141.3%), from €26,874 to €64,842
- Tangible fixed assets +€16,029
up €16,029 (+1823.9%), from €879 to €16,908
- Cash +€2,703
up €2,703 (+899.2%), from €301 to €3,004
mainly Debts within one year (+€39,961) and Net result for the year (+€16,739)
- Debts within one year +€39,961
up €39,961 (+160.2%), from €24,940 to €64,901
- Profit (loss) carried forward +€15,902
up €15,902, from -€3,527 to €12,375
- Gross operating margin +€41,214
up €41,214 (+5616.9%), from €734 to €41,947
- Taxes +€8,203
up €8,203 (+1008.2%), from €814 to €9,017
- Depreciation +€5,704
up €5,704 (+649.2%), from €879 to €6,583
From the 2011 result to the 2012 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 2011 and 2012 balance sheets and the 2012 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,053 | €84,754 | +€56,701 | +202.1% |
| Fixed assets | 21/28 | €879 | €16,908 | +€16,029 | +1823.9% |
| Tangible fixed assets | 22/27 | €879 | €16,908 | +€16,029 | +1823.9% |
| Current assets | 29/58 | €27,174 | €67,846 | +€40,672 | +149.7% |
| Amounts receivable within one year | 40/41 | €26,874 | €64,842 | +€37,969 | +141.3% |
| Cash at bank and in hand | 54/58 | €301 | €3,004 | +€2,703 | +899.2% |
| Total equity and liabilities | 10/49 | €28,053 | €84,754 | +€56,701 | +202.1% |
| Equity | 10/15 | €3,113 | €19,853 | +€16,739 | +537.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €441 | €1,278 | +€837 | +189.8% |
| Profit (loss) carried forward | 14 | -€3,527 | €12,375 | +€15,902 | |
| Amounts payable | 17/49 | €24,940 | €64,901 | +€39,961 | +160.2% |
| Amounts payable within one year | 42/48 | €24,940 | €64,901 | +€39,961 | +160.2% |
| Trade debts | 44 | €8,568 | €25,762 | +€17,194 | +200.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €6,583 | +€5,704 | +649.2% |
| Gross operating margin | 9900 | €734 | €41,947 | +€41,214 | +5616.9% |
| Operating profit (loss) | 9901 | -€2,614 | €24,676 | +€27,290 | |
| Recurring financial income | 75 | €623 | €2,603 | +€1,980 | +318.1% |
| Recurring financial charges | 65 | €1,527 | €1,522 | -€4 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,518 | €25,756 | +€29,275 | |
| Income taxes | 67/77 | €814 | €9,017 | +€8,203 | +1008.2% |
| Profit (loss) for the period | 9904 | -€4,332 | €16,739 | +€21,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,332 | €16,739 | +€21,071 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.