NOHEMA: 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.
NOHEMA
Largest movements
- Financial fixed assets -€183,003
down €183,003 (-38.1%), from €480,003 to €297,000
- Intangible fixed assets +€125,833
up €125,833, from €0 to €125,833
- Receivables after one year +€80,000
up €80,000 (+12.7%), from €630,000 to €710,000
- Receivables within one year +€68,274
up €68,274 (+40.8%), from €167,167 to €235,441
of which Other amounts receivable: +€43,463
- Tangible fixed assets -€34,457
down €34,457 (-16.1%), from €214,602 to €180,145
of which Plant, machinery and equipment: -€20,761
- Accrued charges and deferred income -€114,140
down €114,140 (-90.6%), from €126,043 to €11,903
- Other debts +€109,765
up €109,765 (+402.8%), from €27,252 to €137,017
- Reserves +€81,831
up €81,831 (+26.9%), from €303,800 to €385,631
- Trade debts +€45,204
up €45,204 (+529.6%), from €8,536 to €53,741
- Tax, wage and social debts -€33,963
down €33,963 (-43.4%), from €78,332 to €44,369
- Gross operating margin -€42,226
down €42,226 (-17.7%), from €238,300 to €196,074
- Taxes -€19,134
down €19,134 (-27.8%), from €68,931 to €49,796
- Financial income +€15,298
up €15,298 (+90.6%), from €16,892 to €32,189
- Depreciation +€12,467
up €12,467 (+41.0%), from €30,429 to €42,897
- Financial charges +€9,381
up €9,381 (+76.4%), from €12,284 to €21,664
of which Non-recurring financial charges: +€14,335
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 | €1,826,717 | €1,892,864 | +€66,147 | +3.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €694,605 | €602,978 | -€91,627 | -13.2% |
| Intangible fixed assets | 21 | €0 | €125,833 | +€125,833 | |
| Tangible fixed assets | 22/27 | €214,602 | €180,145 | -€34,457 | -16.1% |
| Land and buildings | 22 | €116,786 | €111,967 | -€4,819 | -4.1% |
| Plant, machinery and equipment | 23 | €63,794 | €43,033 | -€20,761 | -32.5% |
| Furniture and vehicles | 24 | €2,452 | €423 | -€2,029 | -82.8% |
| Other tangible fixed assets | 26 | €31,570 | €24,723 | -€6,847 | -21.7% |
| Financial fixed assets | 28 | €480,003 | €297,000 | -€183,003 | -38.1% |
| Current assets | 29/58 | €1,132,113 | €1,289,887 | +€157,774 | +13.9% |
| Amounts receivable after more than one year | 29 | €630,000 | €710,000 | +€80,000 | +12.7% |
| Trade receivables | 290 | €630,000 | €710,000 | +€80,000 | +12.7% |
| Amounts receivable within one year | 40/41 | €167,167 | €235,441 | +€68,274 | +40.8% |
| Trade receivables | 40 | €167,163 | €191,974 | +€24,811 | +14.8% |
| Other amounts receivable | 41 | €5 | €43,467 | +€43,463 | +938722.0% |
| Cash at bank and in hand | 54/58 | €258,657 | €263,954 | +€5,297 | +2.0% |
| Deferred charges and accrued income | 490/1 | €76,288 | €80,491 | +€4,204 | +5.5% |
| Total equity and liabilities | 10/49 | €1,826,717 | €1,892,864 | +€66,147 | +3.6% |
| Equity | 10/15 | €322,564 | €404,395 | +€81,831 | +25.4% |
| Contributions | 10/11 | €14,660 | €14,660 | = | 0.0% |
| Reserves | 13 | €303,800 | €385,631 | +€81,831 | +26.9% |
| Distributable reserves | 133 | €303,800 | €385,631 | +€81,831 | +26.9% |
| Profit (loss) carried forward | 14 | €4,104 | €4,104 | = | 0.0% |
| Amounts payable | 17/49 | €1,504,153 | €1,488,469 | -€15,684 | -1.0% |
| Amounts payable after more than one year | 17 | €1,237,889 | €1,211,193 | -€26,697 | -2.2% |
| Financial debts | 170/4 | €1,237,889 | €1,211,193 | -€26,697 | -2.2% |
| Amounts payable within one year | 42/48 | €140,221 | €265,374 | +€125,153 | +89.3% |
| Current portion of amounts payable after more than one year | 42 | €26,100 | €26,697 | +€596 | +2.3% |
| Trade debts | 44 | €8,536 | €53,741 | +€45,204 | +529.6% |
| Suppliers | 440/4 | €8,536 | €53,741 | +€45,204 | +529.6% |
| Advances received on contracts in progress | 46 | - | €3,550 | +€3,550 | |
| Taxes, remuneration and social security | 45 | €78,332 | €44,369 | -€33,963 | -43.4% |
| Taxes | 450/3 | €78,332 | €44,369 | -€33,963 | -43.4% |
| Other amounts payable | 47/48 | €27,252 | €137,017 | +€109,765 | +402.8% |
| Accrued charges and deferred income | 492/3 | €126,043 | €11,903 | -€114,140 | -90.6% |
| Remuneration, social security and pensions | 62 | €2,276 | €2,612 | +€336 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,429 | €42,897 | +€12,467 | +41.0% |
| Other operating charges | 640/8 | €1,871 | €2,463 | +€592 | +31.7% |
| Gross operating margin | 9900 | €238,300 | €196,074 | -€42,226 | -17.7% |
| Operating profit (loss) | 9901 | €203,723 | €148,102 | -€55,621 | -27.3% |
| Financial income | 75/76B | €16,892 | €32,189 | +€15,298 | +90.6% |
| Recurring financial income | 75 | €16,892 | €32,189 | +€15,298 | +90.6% |
| Financial charges | 65/66B | €12,284 | €21,664 | +€9,381 | +76.4% |
| Recurring financial charges | 65 | €12,284 | €7,329 | -€4,954 | -40.3% |
| Non-recurring financial charges | 66B | - | €14,335 | +€14,335 | |
| Profit (loss) for the period before taxes | 9903 | €208,332 | €158,627 | -€49,704 | -23.9% |
| Income taxes | 67/77 | €68,931 | €49,796 | -€19,134 | -27.8% |
| Profit (loss) for the period | 9904 | €139,401 | €108,831 | -€30,570 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €139,401 | €108,831 | -€30,570 | -21.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.