NOHA: 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.
NOHA
Largest movements
- Tangible fixed assets -€13,778
down €13,778 (-20.1%), from €68,489 to €54,711
of which Leasing and similar rights: -€9,778
- Receivables within one year -€2,297
no longer reported in 2025 (was €2,297)
- Profit (loss) carried forward -€19,777
new in 2025: -€19,777
- Other debts +€12,519
up €12,519 (+143.8%), from €8,703 to €21,223
- Debts after one year -€8,980
down €8,980 (-28.4%), from €31,667 to €22,687
- Tax, wage and social debts -€1,046
down €1,046 (-14.7%), from €7,138 to €6,092
- Trade debts +€1,018
up €1,018 (+20.4%), from €5,000 to €6,018
- Gross operating margin -€42,850
down €42,850, from €37,874 to -€4,976
- Taxes -€5,828
down €5,828 (-97.8%), from €5,960 to €132
- Financial charges -€2,012
down €2,012 (-94.5%), from €2,130 to €118
- Depreciation +€798
up €798 (+6.1%), from €12,980 to €13,778
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 | €71,089 | €54,824 | -€16,265 | -22.9% |
| Fixed assets | 21/28 | €68,519 | €54,741 | -€13,778 | -20.1% |
| Tangible fixed assets | 22/27 | €68,489 | €54,711 | -€13,778 | -20.1% |
| Plant, machinery and equipment | 23 | €36,798 | €32,798 | -€4,000 | -10.9% |
| Leasing and similar rights | 25 | €31,691 | €21,913 | -€9,778 | -30.9% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €2,570 | €83 | -€2,487 | -96.8% |
| Amounts receivable within one year | 40/41 | €2,297 | - | -€2,297 | |
| Trade receivables | 40 | €2,297 | - | -€2,297 | |
| Cash at bank and in hand | 54/58 | €273 | €83 | -€190 | -69.5% |
| Total equity and liabilities | 10/49 | €71,089 | €54,824 | -€16,265 | -22.9% |
| Equity | 10/15 | €18,581 | -€1,196 | -€19,777 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,581 | €16,581 | = | 0.0% |
| Distributable reserves | 133 | €16,581 | €16,581 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€19,777 | -€19,777 | |
| Amounts payable | 17/49 | €52,508 | €56,020 | +€3,512 | +6.7% |
| Amounts payable after more than one year | 17 | €31,667 | €22,687 | -€8,980 | -28.4% |
| Financial debts | 170/4 | €31,667 | €22,687 | -€8,980 | -28.4% |
| Amounts payable within one year | 42/48 | €20,841 | €33,333 | +€12,492 | +59.9% |
| Trade debts | 44 | €5,000 | €6,018 | +€1,018 | +20.4% |
| Suppliers | 440/4 | €5,000 | €6,018 | +€1,018 | +20.4% |
| Taxes, remuneration and social security | 45 | €7,138 | €6,092 | -€1,046 | -14.7% |
| Taxes | 450/3 | €7,138 | €6,092 | -€1,046 | -14.7% |
| Other amounts payable | 47/48 | €8,703 | €21,223 | +€12,519 | +143.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,980 | €13,778 | +€798 | +6.1% |
| Other operating charges | 640/8 | €982 | €774 | -€209 | -21.3% |
| Gross operating margin | 9900 | €37,874 | -€4,976 | -€42,850 | |
| Operating profit (loss) | 9901 | €23,911 | -€19,527 | -€43,439 | |
| Financial charges | 65/66B | €2,130 | €118 | -€2,012 | -94.5% |
| Recurring financial charges | 65 | €2,130 | €118 | -€2,012 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | €21,781 | -€19,645 | -€41,427 | |
| Income taxes | 67/77 | €5,960 | €132 | -€5,828 | -97.8% |
| Profit (loss) for the period | 9904 | €15,822 | -€19,777 | -€35,599 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,822 | -€19,777 | -€35,599 |
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 11 October 2026 via checked.be.