NOden consultancy: 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.
NOden consultancy
Largest movements
- Cash -€129,870
down €129,870 (-75.8%), from €171,407 to €41,537
mainly Contributions, distributions and other (-€193,000) and Tax, wage and social debts (-€18,173)
- Tangible fixed assets -€9,715
down €9,715 (-35.6%), from €27,298 to €17,584
of which Leasing and similar rights: -€10,074
- Receivables within one year -€3,484
down €3,484 (-19.4%), from €17,941 to €14,457
of which Other amounts receivable: -€1,784
- Reserves -€147,250
down €147,250 (-99.5%), from €148,000 to €750
- Other debts +€30,947
new in 2025: €30,947
- Tax, wage and social debts -€18,173
down €18,173 (-40.5%), from €44,819 to €26,646
- Debts after one year -€10,427
down €10,427 (-85.6%), from €12,184 to €1,757
- Gross operating margin -€8,166
down €8,166 (-9.8%), from €83,531 to €75,365
- Taxes -€1,893
down €1,893 (-12.1%), from €15,675 to €13,782
- Financial income -€1,362
down €1,362 (-92.4%), from €1,475 to €113
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 | €218,868 | €74,370 | -€144,498 | -66.0% |
| Fixed assets | 21/28 | €27,298 | €17,584 | -€9,715 | -35.6% |
| Tangible fixed assets | 22/27 | €27,298 | €17,584 | -€9,715 | -35.6% |
| Plant, machinery and equipment | 23 | €1,894 | €2,866 | +€972 | +51.3% |
| Furniture and vehicles | 24 | €3,301 | €2,689 | -€612 | -18.5% |
| Leasing and similar rights | 25 | €22,104 | €12,029 | -€10,074 | -45.6% |
| Current assets | 29/58 | €191,569 | €56,786 | -€134,783 | -70.4% |
| Amounts receivable within one year | 40/41 | €17,941 | €14,457 | -€3,484 | -19.4% |
| Trade receivables | 40 | €14,907 | €13,207 | -€1,700 | -11.4% |
| Other amounts receivable | 41 | €3,034 | €1,250 | -€1,784 | -58.8% |
| Cash at bank and in hand | 54/58 | €171,407 | €41,537 | -€129,870 | -75.8% |
| Deferred charges and accrued income | 490/1 | €2,221 | €791 | -€1,430 | -64.4% |
| Total equity and liabilities | 10/49 | €218,868 | €74,370 | -€144,498 | -66.0% |
| Equity | 10/15 | €151,227 | €3,805 | -€147,423 | -97.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €148,000 | €750 | -€147,250 | -99.5% |
| Distributable reserves | 133 | €148,000 | €750 | -€147,250 | -99.5% |
| Profit (loss) carried forward | 14 | €227 | €55 | -€173 | -75.9% |
| Amounts payable | 17/49 | €67,641 | €70,565 | +€2,925 | +4.3% |
| Amounts payable after more than one year | 17 | €12,184 | €1,757 | -€10,427 | -85.6% |
| Financial debts | 170/4 | €12,184 | €1,757 | -€10,427 | -85.6% |
| Amounts payable within one year | 42/48 | €55,457 | €68,808 | +€13,351 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €10,231 | €10,427 | +€196 | +1.9% |
| Trade debts | 44 | €407 | €788 | +€381 | +93.8% |
| Suppliers | 440/4 | €407 | €788 | +€381 | +93.8% |
| Taxes, remuneration and social security | 45 | €44,819 | €26,646 | -€18,173 | -40.5% |
| Taxes | 450/3 | €44,819 | €26,646 | -€18,173 | -40.5% |
| Other amounts payable | 47/48 | - | €30,947 | +€30,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,974 | €13,214 | +€241 | +1.9% |
| Other operating charges | 640/8 | €1,522 | €2,016 | +€494 | +32.4% |
| Non-recurring operating charges | 66A | - | €313 | +€313 | |
| Gross operating margin | 9900 | €83,531 | €75,365 | -€8,166 | -9.8% |
| Operating profit (loss) | 9901 | €69,035 | €59,822 | -€9,213 | -13.3% |
| Financial income | 75/76B | €1,475 | €113 | -€1,362 | -92.4% |
| Recurring financial income | 75 | €1,475 | €113 | -€1,362 | -92.4% |
| Financial charges | 65/66B | €621 | €575 | -€45 | -7.3% |
| Recurring financial charges | 65 | €621 | €575 | -€45 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €69,889 | €59,359 | -€10,530 | -15.1% |
| Income taxes | 67/77 | €15,675 | €13,782 | -€1,893 | -12.1% |
| Profit (loss) for the period | 9904 | €54,214 | €45,577 | -€8,637 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,214 | €45,577 | -€8,637 | -15.9% |
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 29 October 2026 via checked.be.