NOCTUA: 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.
NOCTUA
Largest movements
- Receivables within one year -€126,052
down €126,052 (-60.7%), from €207,606 to €81,553
of which Other amounts receivable: -€88,211
- Cash +€33,436
up €33,436 (+55.1%), from €60,706 to €94,142
mainly Receivables within one year (+€126,052) and Net result for the year (+€8,778)
- Other debts -€100,000
no longer reported in 2025 (was €100,000)
- Profit (loss) carried forward +€8,778
up €8,778 (+111%), from €7,919 to €16,697
- Trade debts -€3,143
down €3,143 (-7.5%), from €41,835 to €38,692
- Gross operating margin -€8,974
down €8,974 (-68.0%), from €13,197 to €4,223
- Taxes -€8,511
down €8,511, from €7,518 to -€994
- Provisions +€6,366
up €6,366 (+96.4%), from -€6,604 to -€238
- Financial income -€3,653
down €3,653 (-39.5%), from €9,251 to €5,598
- Other operating charges -€1,110
down €1,110 (-48.5%), from €2,288 to €1,177
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 | €268,337 | €175,721 | -€92,616 | -34.5% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €268,312 | €175,696 | -€92,616 | -34.5% |
| Amounts receivable within one year | 40/41 | €207,606 | €81,553 | -€126,052 | -60.7% |
| Trade receivables | 40 | €48,239 | €10,398 | -€37,841 | -78.4% |
| Other amounts receivable | 41 | €159,367 | €71,156 | -€88,211 | -55.4% |
| Cash at bank and in hand | 54/58 | €60,706 | €94,142 | +€33,436 | +55.1% |
| Total equity and liabilities | 10/49 | €268,337 | €175,721 | -€92,616 | -34.5% |
| Equity | 10/15 | €121,996 | €130,774 | +€8,778 | +7.2% |
| Contributions | 10/11 | €93,906 | €93,906 | = | 0.0% |
| Capital | 10 | €93,906 | €93,906 | = | 0.0% |
| Issued capital | 100 | €93,906 | €93,906 | = | 0.0% |
| Reserves | 13 | €20,171 | €20,171 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,391 | €9,391 | = | 0.0% |
| Legal reserve | 130 | €9,391 | €9,391 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,780 | €10,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,919 | €16,697 | +€8,778 | +111% |
| Provisions and deferred taxes | 16 | €4,506 | €4,268 | -€238 | -5.3% |
| Provisions for liabilities and charges | 160/5 | €4,506 | €4,268 | -€238 | -5.3% |
| Other liabilities and charges | 164/5 | €4,506 | €4,268 | -€238 | -5.3% |
| Amounts payable | 17/49 | €141,835 | €40,679 | -€101,156 | -71.3% |
| Amounts payable within one year | 42/48 | €141,835 | €40,679 | -€101,156 | -71.3% |
| Trade debts | 44 | €41,835 | €38,692 | -€3,143 | -7.5% |
| Suppliers | 440/4 | €41,835 | €38,692 | -€3,143 | -7.5% |
| Taxes, remuneration and social security | 45 | - | €1,987 | +€1,987 | |
| Taxes | 450/3 | - | €1,987 | +€1,987 | |
| Other amounts payable | 47/48 | €100,000 | - | -€100,000 | |
| Non-recurring operating income | 76A | €0 | €9,422 | +€9,422 | +23,554,375% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€6,604 | -€238 | +€6,366 | +96.4% |
| Other operating charges | 640/8 | €2,288 | €1,177 | -€1,110 | -48.5% |
| Non-recurring operating charges | 66A | €512 | -€25 | -€537 | |
| Gross operating margin | 9900 | €13,197 | €4,223 | -€8,974 | -68.0% |
| Operating profit (loss) | 9901 | €17,001 | €3,308 | -€13,693 | -80.5% |
| Financial income | 75/76B | €9,251 | €5,598 | -€3,653 | -39.5% |
| Recurring financial income | 75 | €9,251 | €5,598 | -€3,653 | -39.5% |
| Financial charges | 65/66B | €1,334 | €1,122 | -€212 | -15.9% |
| Recurring financial charges | 65 | €1,334 | €1,122 | -€212 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €24,918 | €7,784 | -€17,134 | -68.8% |
| Income taxes | 67/77 | €7,518 | -€994 | -€8,511 | |
| Profit (loss) for the period | 9904 | €17,400 | €8,778 | -€8,623 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,400 | €8,778 | -€8,623 | -49.6% |
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 25 October 2026 via checked.be.