NOESIS SOLUTIONS: 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.
NOESIS SOLUTIONS
Largest movements
- Cash +€735,361
up €735,361 (+38.8%), from €1.9m to €2.6m
mainly Net result for the year (+€708,562) and Trade debts (+€572,766)
- Intangible fixed assets +€399,747
up €399,747 (+12801.4%), from €3,123 to €402,869
- Receivables within one year +€200,601
up €200,601 (+12.9%), from €1.6m to €1.8m
of which Trade receivables: +€180,569
- Reserves +€708,562
up €708,562 (+42.6%), from €1.7m to €2.4m
of which Distributable reserves: +€708,562
- Trade debts +€572,766
up €572,766 (+128.7%), from €444,893 to €1.0m
- Accrued charges and deferred income +€59,275
up €59,275 (+5.0%), from €1.2m to €1.3m
- Gross operating margin +€1.2m
up €1.2m (+116.5%), from €1.1m to €2.3m
- Provisions +€190,564
no longer reported in 2024 (was -€190,564)
- Financial income +€115,087
up €115,087 (+1156.9%), from €9,948 to €125,034
- Financial charges -€65,191
down €65,191 (-77.8%), from €83,768 to €18,576
- Taxes -€40,945
down €40,945 (-92.2%), from €44,392 to €3,447
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,922,018 | €5,263,395 | +€1.3m | +34.2% |
| Fixed assets | 21/28 | €359,320 | €770,155 | +€410,836 | +114.3% |
| Intangible fixed assets | 21 | €3,123 | €402,869 | +€399,747 | +12801.4% |
| Tangible fixed assets | 22/27 | €21,879 | €10,378 | -€11,501 | -52.6% |
| Furniture and vehicles | 24 | €21,879 | €10,378 | -€11,501 | -52.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €334,318 | €356,908 | +€22,590 | +6.8% |
| Current assets | 29/58 | €3,562,699 | €4,493,240 | +€930,541 | +26.1% |
| Amounts receivable within one year | 40/41 | €1,551,226 | €1,751,827 | +€200,601 | +12.9% |
| Trade receivables | 40 | €1,539,581 | €1,720,150 | +€180,569 | +11.7% |
| Other amounts receivable | 41 | €11,645 | €31,677 | +€20,032 | +172.0% |
| Cash at bank and in hand | 54/58 | €1,895,408 | €2,630,770 | +€735,361 | +38.8% |
| Deferred charges and accrued income | 490/1 | €116,064 | €110,643 | -€5,421 | -4.7% |
| Total equity and liabilities | 10/49 | €3,922,018 | €5,263,395 | +€1.3m | +34.2% |
| Equity | 10/15 | €1,724,133 | €2,432,695 | +€708,562 | +41.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,662,633 | €2,371,195 | +€708,562 | +42.6% |
| Non-distributable reserves | 130/1 | €40,100 | €40,100 | = | 0.0% |
| Legal reserve | 130 | €40,100 | €40,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €656 | €656 | = | 0.0% |
| Distributable reserves | 133 | €1,621,877 | €2,330,440 | +€708,562 | +43.7% |
| Provisions and deferred taxes | 16 | €172,346 | €172,346 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €172,346 | €172,346 | = | 0.0% |
| Other liabilities and charges | 164/5 | €172,346 | €172,346 | = | 0.0% |
| Amounts payable | 17/49 | €2,025,539 | €2,658,353 | +€632,814 | +31.2% |
| Amounts payable within one year | 42/48 | €828,545 | €1,402,084 | +€573,539 | +69.2% |
| Trade debts | 44 | €444,893 | €1,017,660 | +€572,766 | +128.7% |
| Suppliers | 440/4 | €444,893 | €1,017,660 | +€572,766 | +128.7% |
| Taxes, remuneration and social security | 45 | €383,652 | €384,425 | +€773 | +0.2% |
| Taxes | 450/3 | €115,542 | €107,316 | -€8,226 | -7.1% |
| Remuneration and social security | 454/9 | €268,110 | €277,109 | +€8,998 | +3.4% |
| Accrued charges and deferred income | 492/3 | €1,196,994 | €1,256,269 | +€59,275 | +5.0% |
| Remuneration, social security and pensions | 62 | €1,604,908 | €1,621,552 | +€16,644 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,709 | €27,365 | +€1,656 | +6.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€190,564 | - | +€190,564 | |
| Other operating charges | 640/8 | €17,231 | €34,842 | +€17,611 | +102.2% |
| Non-recurring operating charges | 66A | €189,654 | - | -€189,654 | |
| Gross operating margin | 9900 | €1,057,641 | €2,289,310 | +€1.2m | +116.5% |
| Operating profit (loss) | 9901 | -€589,298 | €605,551 | +€1.2m | |
| Financial income | 75/76B | €9,948 | €125,034 | +€115,087 | +1156.9% |
| Recurring financial income | 75 | €9,948 | €125,034 | +€115,087 | +1156.9% |
| Financial charges | 65/66B | €83,768 | €18,576 | -€65,191 | -77.8% |
| Recurring financial charges | 65 | €83,768 | €18,576 | -€65,191 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | -€663,118 | €712,009 | +€1.4m | |
| Income taxes | 67/77 | €44,392 | €3,447 | -€40,945 | -92.2% |
| Profit (loss) for the period | 9904 | -€707,510 | €708,562 | +€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | -€707,510 | €708,562 | +€1.4m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.