Nogi Consulting: 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.
Nogi Consulting
Largest movements
- Receivables within one year +€28,306
up €28,306 (+87.5%), from €32,367 to €60,673
of which Other amounts receivable: +€40,316
- Cash +€6,881
up €6,881 (+1,460%), from €471 to €7,353
mainly Net result for the year (+€33,848) and Tax, wage and social debts (+€3,063)
- Tangible fixed assets -€2,758
down €2,758 (-7.4%), from €37,146 to €34,387
of which Land and buildings: -€2,625
- Reserves +€33,848
up €33,848 (+67.9%), from €49,882 to €83,730
- Tax, wage and social debts +€3,063
up €3,063 (+19.2%), from €15,932 to €18,995
- Other debts -€3,063
no longer reported in 2025 (was €3,063)
- Debts after one year -€2,663
down €2,663 (-9.1%), from €29,355 to €26,693
- Gross operating margin +€10,349
up €10,349 (+26.6%), from €38,866 to €49,214
- Taxes +€2,551
up €2,551 (+33.2%), from €7,691 to €10,243
- Financial income +€1,400
up €1,400 (+384%), from €365 to €1,764
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 | €104,043 | €135,240 | +€31,197 | +30.0% |
| Fixed assets | 21/28 | €54,646 | €51,887 | -€2,758 | -5.0% |
| Tangible fixed assets | 22/27 | €37,146 | €34,387 | -€2,758 | -7.4% |
| Land and buildings | 22 | €37,012 | €34,387 | -€2,625 | -7.1% |
| Plant, machinery and equipment | 23 | €134 | - | -€134 | |
| Financial fixed assets | 28 | €17,500 | €17,500 | = | 0.0% |
| Current assets | 29/58 | €49,397 | €83,352 | +€33,955 | +68.7% |
| Amounts receivable after more than one year | 29 | €14,000 | €14,000 | = | 0.0% |
| Other amounts receivable | 291 | €14,000 | €14,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,367 | €60,673 | +€28,306 | +87.5% |
| Trade receivables | 40 | €32,367 | €20,357 | -€12,010 | -37.1% |
| Other amounts receivable | 41 | - | €40,316 | +€40,316 | |
| Cash at bank and in hand | 54/58 | €471 | €7,353 | +€6,881 | +1,460% |
| Deferred charges and accrued income | 490/1 | €2,558 | €1,327 | -€1,232 | -48.2% |
| Total equity and liabilities | 10/49 | €104,043 | €135,240 | +€31,197 | +30.0% |
| Equity | 10/15 | €50,382 | €84,230 | +€33,848 | +67.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €49,882 | €83,730 | +€33,848 | +67.9% |
| Distributable reserves | 133 | €49,882 | €83,730 | +€33,848 | +67.9% |
| Amounts payable | 17/49 | €53,660 | €51,009 | -€2,651 | -4.9% |
| Amounts payable after more than one year | 17 | €29,355 | €26,693 | -€2,663 | -9.1% |
| Financial debts | 170/4 | €29,355 | €26,693 | -€2,663 | -9.1% |
| Amounts payable within one year | 42/48 | €24,305 | €24,317 | +€12 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €3,969 | €3,996 | +€27 | +0.7% |
| Trade debts | 44 | €1,342 | €1,326 | -€16 | -1.2% |
| Suppliers | 440/4 | €1,342 | €1,326 | -€16 | -1.2% |
| Taxes, remuneration and social security | 45 | €15,932 | €18,995 | +€3,063 | +19.2% |
| Taxes | 450/3 | €15,932 | €18,995 | +€3,063 | +19.2% |
| Other amounts payable | 47/48 | €3,063 | - | -€3,063 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,830 | €2,758 | -€71 | -2.5% |
| Other operating charges | 640/8 | €1,159 | €1,505 | +€346 | +29.9% |
| Gross operating margin | 9900 | €38,866 | €49,214 | +€10,349 | +26.6% |
| Operating profit (loss) | 9901 | €34,877 | €44,951 | +€10,074 | +28.9% |
| Financial income | 75/76B | €365 | €1,764 | +€1,400 | +384% |
| Recurring financial income | 75 | €365 | €1,764 | +€1,400 | +384% |
| Financial charges | 65/66B | €2,642 | €2,624 | -€18 | -0.7% |
| Recurring financial charges | 65 | €2,642 | €2,624 | -€18 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €32,599 | €44,091 | +€11,491 | +35.2% |
| Income taxes | 67/77 | €7,691 | €10,243 | +€2,551 | +33.2% |
| Profit (loss) for the period | 9904 | €24,908 | €33,848 | +€8,940 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,908 | €33,848 | +€8,940 | +35.9% |
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 31 October 2026 via checked.be.