NOÈSIS: 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.
NOÈSIS
Largest movements
- Receivables after one year +€48,143
up €48,143 (+81.5%), from €59,080 to €107,223
- Reserves +€53,723
up €53,723 (+120.6%), from €44,556 to €98,279
- Other debts -€27,000
no longer reported in 2025 (was €27,000)
- Tax, wage and social debts +€13,025
up €13,025 (+100.9%), from €12,908 to €25,933
- Trade debts +€7,006
up €7,006 (+35.3%), from €19,835 to €26,841
of which Suppliers: +€5,944
- Gross operating margin +€13,971
up €13,971 (+22.0%), from €63,427 to €77,398
- Taxes +€11,183
up €11,183 (+103.4%), from €10,813 to €21,996
- Financial income -€950
down €950 (-85.0%), from €1,118 to €168
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.
Cash bridge derived
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 | €104,799 | €151,552 | +€46,754 | +44.6% |
| Fixed assets | 21/28 | €2,266 | €1,054 | -€1,212 | -53.5% |
| Tangible fixed assets | 22/27 | €2,266 | €1,054 | -€1,212 | -53.5% |
| Plant, machinery and equipment | 23 | €2,266 | €1,054 | -€1,212 | -53.5% |
| Current assets | 29/58 | €102,533 | €150,498 | +€47,965 | +46.8% |
| Amounts receivable after more than one year | 29 | €59,080 | €107,223 | +€48,143 | +81.5% |
| Trade receivables | 290 | €59,080 | €107,223 | +€48,143 | +81.5% |
| Cash at bank and in hand | 54/58 | €41,757 | €41,974 | +€216 | +0.5% |
| Deferred charges and accrued income | 490/1 | €1,695 | €1,301 | -€395 | -23.3% |
| Total equity and liabilities | 10/49 | €104,799 | €151,552 | +€46,754 | +44.6% |
| Equity | 10/15 | €45,056 | €98,779 | +€53,723 | +119.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €44,556 | €98,279 | +€53,723 | +120.6% |
| Distributable reserves | 133 | €44,556 | €98,279 | +€53,723 | +120.6% |
| Amounts payable | 17/49 | €59,743 | €52,774 | -€6,969 | -11.7% |
| Amounts payable within one year | 42/48 | €59,743 | €52,774 | -€6,969 | -11.7% |
| Trade debts | 44 | €19,835 | €26,841 | +€7,006 | +35.3% |
| Suppliers | 440/4 | €19,835 | €25,779 | +€5,944 | +30.0% |
| Bills of exchange payable | 441 | - | €1,062 | +€1,062 | |
| Taxes, remuneration and social security | 45 | €12,908 | €25,933 | +€13,025 | +100.9% |
| Taxes | 450/3 | €12,908 | €25,933 | +€13,025 | +100.9% |
| Other amounts payable | 47/48 | €27,000 | - | -€27,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,212 | €1,212 | = | 0.0% |
| Other operating charges | 640/8 | €485 | €589 | +€104 | +21.5% |
| Gross operating margin | 9900 | €63,427 | €77,398 | +€13,971 | +22.0% |
| Operating profit (loss) | 9901 | €61,731 | €75,597 | +€13,866 | +22.5% |
| Financial income | 75/76B | €1,118 | €168 | -€950 | -85.0% |
| Recurring financial income | 75 | €1,118 | €168 | -€950 | -85.0% |
| Financial charges | 65/66B | €44 | €46 | +€3 | +5.8% |
| Recurring financial charges | 65 | €44 | €46 | +€3 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €62,805 | €75,719 | +€12,914 | +20.6% |
| Income taxes | 67/77 | €10,813 | €21,996 | +€11,183 | +103.4% |
| Profit (loss) for the period | 9904 | €51,992 | €53,723 | +€1,731 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,992 | €53,723 | +€1,731 | +3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.