NOESIS CONSULT: 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.
NOESIS CONSULT
Largest movements
- Financial fixed assets +€130,000
new in 2025: €130,000
- Cash -€64,172
down €64,172 (-94.3%), from €68,051 to €3,879
mainly Investment in fixed assets (net) (-€130,000) and Tax, wage and social debts (-€10,303)
- Current investments -€25,000
no longer reported in 2025 (was €25,000)
- Receivables within one year +€2,664
up €2,664 (+14.4%), from €18,512 to €21,176
of which Trade receivables: +€2,663
- Profit (loss) carried forward +€54,939
up €54,939 (+60.0%), from €91,609 to €146,547
- Tax, wage and social debts -€10,303
down €10,303 (-68.3%), from €15,089 to €4,786
- Gross operating margin +€8,465
up €8,465 (+14.5%), from €58,420 to €66,884
- Taxes +€2,545
up €2,545 (+21.8%), from €11,660 to €14,205
- Financial income +€2,352
new in 2025: €2,352
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 | €111,620 | €155,055 | +€43,436 | +38.9% |
| Fixed assets | 21/28 | - | €130,000 | +€130,000 | |
| Financial fixed assets | 28 | - | €130,000 | +€130,000 | |
| Current assets | 29/58 | €111,620 | €25,055 | -€86,564 | -77.6% |
| Amounts receivable within one year | 40/41 | €18,512 | €21,176 | +€2,664 | +14.4% |
| Trade receivables | 40 | €18,512 | €21,175 | +€2,663 | +14.4% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Current investments | 50/53 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €68,051 | €3,879 | -€64,172 | -94.3% |
| Deferred charges and accrued income | 490/1 | €57 | - | -€57 | |
| Total equity and liabilities | 10/49 | €111,620 | €155,055 | +€43,436 | +38.9% |
| Equity | 10/15 | €95,209 | €150,147 | +€54,939 | +57.7% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,609 | €146,547 | +€54,939 | +60.0% |
| Amounts payable | 17/49 | €16,411 | €4,908 | -€11,503 | -70.1% |
| Amounts payable within one year | 42/48 | €16,411 | €4,908 | -€11,503 | -70.1% |
| Taxes, remuneration and social security | 45 | €15,089 | €4,786 | -€10,303 | -68.3% |
| Taxes | 450/3 | €15,089 | €4,786 | -€10,303 | -68.3% |
| Other amounts payable | 47/48 | €1,322 | €122 | -€1,200 | -90.8% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €58,420 | €66,884 | +€8,465 | +14.5% |
| Operating profit (loss) | 9901 | €58,370 | €66,884 | +€8,515 | +14.6% |
| Financial income | 75/76B | - | €2,352 | +€2,352 | |
| Recurring financial income | 75 | - | €2,352 | +€2,352 | |
| Financial charges | 65/66B | €70 | €92 | +€23 | +32.8% |
| Recurring financial charges | 65 | €70 | €92 | +€23 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €58,300 | €69,144 | +€10,844 | +18.6% |
| Income taxes | 67/77 | €11,660 | €14,205 | +€2,545 | +21.8% |
| Profit (loss) for the period | 9904 | €46,640 | €54,939 | +€8,299 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,640 | €54,939 | +€8,299 | +17.8% |
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 15 October 2026 via checked.be.