NOHA 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.
NOHA CONSULTING
Largest movements
- Cash -€68,859
down €68,859 (-61.7%), from €111,640 to €42,780
mainly Net result for the year (-€24,698) and Investment in fixed assets (net) (-€22,963)
- Receivables within one year +€22,425
up €22,425 (+62.2%), from €36,079 to €58,505
of which Trade receivables: +€17,589
- Tangible fixed assets +€20,134
up €20,134 (+467%), from €4,312 to €24,446
of which Other tangible fixed assets: +€22,009
- Profit (loss) carried forward -€100,104
no longer reported in 2025 (was €100,104)
- Reserves +€75,406
up €75,406 (+402%), from €18,738 to €94,144
of which Distributable reserves: +€75,406
- Tax, wage and social debts -€3,465
down €3,465 (-13.9%), from €24,969 to €21,504
of which Taxes: -€9,099
- Trade debts +€1,674
up €1,674 (+56.6%), from €2,959 to €4,632
- Gross operating margin -€48,794
down €48,794 (-66.6%), from €73,275 to €24,481
- Taxes -€9,240
down €9,240 (-98.3%), from €9,403 to €163
- Staff costs +€7,412
up €7,412 (+20.1%), from €36,924 to €44,336
- Financial income +€2,074
new in 2025: €2,074
- Other operating charges +€1,988
up €1,988 (+128%), from €1,555 to €3,543
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 | €152,970 | €126,481 | -€26,489 | -17.3% |
| Fixed assets | 21/28 | €5,062 | €25,196 | +€20,134 | +398% |
| Tangible fixed assets | 22/27 | €4,312 | €24,446 | +€20,134 | +467% |
| Plant, machinery and equipment | 23 | €3,484 | €1,723 | -€1,761 | -50.6% |
| Furniture and vehicles | 24 | €113 | - | -€113 | |
| Other tangible fixed assets | 26 | €715 | €22,723 | +€22,009 | +3,080% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €147,908 | €101,285 | -€46,623 | -31.5% |
| Amounts receivable within one year | 40/41 | €36,079 | €58,505 | +€22,425 | +62.2% |
| Trade receivables | 40 | - | €17,589 | +€17,589 | |
| Other amounts receivable | 41 | €36,079 | €40,916 | +€4,837 | +13.4% |
| Cash at bank and in hand | 54/58 | €111,640 | €42,780 | -€68,859 | -61.7% |
| Deferred charges and accrued income | 490/1 | €189 | - | -€189 | |
| Total equity and liabilities | 10/49 | €152,970 | €126,481 | -€26,489 | -17.3% |
| Equity | 10/15 | €125,042 | €100,344 | -€24,698 | -19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €18,738 | €94,144 | +€75,406 | +402% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €16,878 | €92,284 | +€75,406 | +447% |
| Profit (loss) carried forward | 14 | €100,104 | - | -€100,104 | |
| Amounts payable | 17/49 | €27,928 | €26,136 | -€1,791 | -6.4% |
| Amounts payable within one year | 42/48 | €27,928 | €26,136 | -€1,791 | -6.4% |
| Trade debts | 44 | €2,959 | €4,632 | +€1,674 | +56.6% |
| Suppliers | 440/4 | €2,959 | €4,632 | +€1,674 | +56.6% |
| Taxes, remuneration and social security | 45 | €24,969 | €21,504 | -€3,465 | -13.9% |
| Taxes | 450/3 | €24,969 | €15,870 | -€9,099 | -36.4% |
| Remuneration and social security | 454/9 | - | €5,634 | +€5,634 | |
| Remuneration, social security and pensions | 62 | €36,924 | €44,336 | +€7,412 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,641 | €2,829 | +€188 | +7.1% |
| Other operating charges | 640/8 | €1,555 | €3,543 | +€1,988 | +128% |
| Gross operating margin | 9900 | €73,275 | €24,481 | -€48,794 | -66.6% |
| Operating profit (loss) | 9901 | €32,155 | -€26,226 | -€58,382 | |
| Financial income | 75/76B | - | €2,074 | +€2,074 | |
| Recurring financial income | 75 | - | €2,074 | +€2,074 | |
| Financial charges | 65/66B | €290 | €383 | +€93 | +32.1% |
| Recurring financial charges | 65 | €290 | €383 | +€93 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €31,866 | -€24,535 | -€56,401 | |
| Income taxes | 67/77 | €9,403 | €163 | -€9,240 | -98.3% |
| Profit (loss) for the period | 9904 | €22,463 | -€24,698 | -€47,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,463 | -€24,698 | -€47,160 |
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.