Noem Deco: 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.
Noem Deco
Largest movements
- Cash +€67,244
up €67,244 (+21.4%), from €313,943 to €381,187
mainly Other debts (+€258,844) and Net result for the year (+€97,955)
- Tangible fixed assets -€8,932
down €8,932 (-47.6%), from €18,745 to €9,814
of which Furniture and vehicles: -€11,063
- Other debts +€258,844
up €258,844 (+19,465%), from €1,330 to €260,173
- Reserves -€206,441
down €206,441 (-67.8%), from €304,397 to €97,955
- Tax, wage and social debts +€9,809
up €9,809 (+32.0%), from €30,654 to €40,463
of which Taxes: +€9,798
- Gross operating margin +€32,805
up €32,805 (+18.1%), from €181,355 to €214,161
- Taxes +€15,103
up €15,103 (+59.5%), from €25,390 to €40,493
- Staff costs +€7,859
up €7,859 (+14.3%), from €55,131 to €62,990
- Depreciation +€5,538
up €5,538 (+90.6%), from €6,114 to €11,652
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 | €350,578 | €412,103 | +€61,525 | +17.5% |
| Fixed assets | 21/28 | €19,065 | €10,134 | -€8,932 | -46.8% |
| Tangible fixed assets | 22/27 | €18,745 | €9,814 | -€8,932 | -47.6% |
| Plant, machinery and equipment | 23 | €0 | €2,647 | +€2,647 | |
| Furniture and vehicles | 24 | €14,331 | €3,268 | -€11,063 | -77.2% |
| Other tangible fixed assets | 26 | €4,415 | €3,899 | -€516 | -11.7% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €331,513 | €401,969 | +€70,456 | +21.3% |
| Amounts receivable within one year | 40/41 | €15,622 | €18,775 | +€3,153 | +20.2% |
| Trade receivables | 40 | €14,254 | €12,980 | -€1,274 | -8.9% |
| Other amounts receivable | 41 | €1,368 | €5,795 | +€4,427 | +324% |
| Cash at bank and in hand | 54/58 | €313,943 | €381,187 | +€67,244 | +21.4% |
| Deferred charges and accrued income | 490/1 | €1,948 | €2,007 | +€59 | +3.0% |
| Total equity and liabilities | 10/49 | €350,578 | €412,103 | +€61,525 | +17.5% |
| Equity | 10/15 | €306,397 | €99,955 | -€206,441 | -67.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €304,397 | €97,955 | -€206,441 | -67.8% |
| Distributable reserves | 133 | €304,397 | €97,955 | -€206,441 | -67.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €44,182 | €312,148 | +€267,966 | +607% |
| Amounts payable after more than one year | 17 | €2,793 | €0 | -€2,793 | -100% |
| Financial debts | 170/4 | €2,793 | €0 | -€2,793 | -100% |
| Amounts payable within one year | 42/48 | €41,279 | €311,744 | +€270,465 | +655% |
| Current portion of amounts payable after more than one year | 42 | €3,663 | €2,793 | -€870 | -23.7% |
| Financial debts | 43 | €1,716 | €395 | -€1,321 | -77.0% |
| Credit institutions | 430/8 | €1,716 | €395 | -€1,321 | -77.0% |
| Trade debts | 44 | €3,916 | €7,919 | +€4,003 | +102% |
| Suppliers | 440/4 | €3,916 | €7,919 | +€4,003 | +102% |
| Taxes, remuneration and social security | 45 | €30,654 | €40,463 | +€9,809 | +32.0% |
| Taxes | 450/3 | €26,445 | €36,243 | +€9,798 | +37.0% |
| Remuneration and social security | 454/9 | €4,209 | €4,220 | +€11 | +0.3% |
| Other amounts payable | 47/48 | €1,330 | €260,173 | +€258,844 | +19,465% |
| Accrued charges and deferred income | 492/3 | €109 | €404 | +€294 | +270% |
| Remuneration, social security and pensions | 62 | €55,131 | €62,990 | +€7,859 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,114 | €11,652 | +€5,538 | +90.6% |
| Other operating charges | 640/8 | €1,661 | €1,516 | -€145 | -8.7% |
| Gross operating margin | 9900 | €181,355 | €214,161 | +€32,805 | +18.1% |
| Operating profit (loss) | 9901 | €118,450 | €138,003 | +€19,553 | +16.5% |
| Financial income | 75/76B | €521 | €829 | +€308 | +59.2% |
| Recurring financial income | 75 | €521 | €829 | +€308 | +59.2% |
| Financial charges | 65/66B | €616 | €384 | -€232 | -37.7% |
| Recurring financial charges | 65 | €616 | €384 | -€232 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €118,354 | €138,448 | +€20,094 | +17.0% |
| Income taxes | 67/77 | €25,390 | €40,493 | +€15,103 | +59.5% |
| Profit (loss) for the period | 9904 | €92,965 | €97,955 | +€4,990 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €92,965 | €97,955 | +€4,990 | +5.4% |
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 21 October 2026 via checked.be.