Noi: 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.
Noi
Largest movements
- Stocks and contracts +€46,083
up €46,083 (+106.2%), from €43,398 to €89,481
- Receivables within one year -€2,391
down €2,391 (-89.9%), from €2,659 to €268
of which Other amounts receivable: -€1,514
- Tangible fixed assets -€1,931
down €1,931 (-30.4%), from €6,353 to €4,423
- Cash +€993
up €993 (+478.6%), from €207 to €1,200
mainly Other debts (+€47,352) and Receivables within one year (+€2,391)
- Other debts +€47,352
up €47,352 (+61.3%), from €77,209 to €124,561
- Profit (loss) carried forward -€4,991
down €4,991 (-18.4%), from -€27,091 to -€32,081
- Gross operating margin +€2,501
up €2,501 (+53.1%), from -€4,712 to -€2,211
- Other operating charges +€325
up €325 (+69.4%), from €468 to €793
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 | €52,618 | €95,372 | +€42,754 | +81.3% |
| Fixed assets | 21/28 | €6,353 | €4,423 | -€1,931 | -30.4% |
| Tangible fixed assets | 22/27 | €6,353 | €4,423 | -€1,931 | -30.4% |
| Plant, machinery and equipment | 23 | €6,353 | €4,423 | -€1,931 | -30.4% |
| Current assets | 29/58 | €46,264 | €90,949 | +€44,685 | +96.6% |
| Stocks and contracts in progress | 3 | €43,398 | €89,481 | +€46,083 | +106.2% |
| Stocks | 30/36 | €43,398 | €89,481 | +€46,083 | +106.2% |
| Amounts receivable within one year | 40/41 | €2,659 | €268 | -€2,391 | -89.9% |
| Trade receivables | 40 | €877 | - | -€877 | |
| Other amounts receivable | 41 | €1,782 | €268 | -€1,514 | -84.9% |
| Cash at bank and in hand | 54/58 | €207 | €1,200 | +€993 | +478.6% |
| Total equity and liabilities | 10/49 | €52,618 | €95,372 | +€42,754 | +81.3% |
| Equity | 10/15 | -€24,591 | -€29,581 | -€4,991 | -20.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,091 | -€32,081 | -€4,991 | -18.4% |
| Amounts payable | 17/49 | €77,209 | €124,954 | +€47,745 | +61.8% |
| Amounts payable within one year | 42/48 | €77,209 | €124,954 | +€47,745 | +61.8% |
| Trade debts | 44 | - | €393 | +€393 | |
| Suppliers | 440/4 | - | €393 | +€393 | |
| Other amounts payable | 47/48 | €77,209 | €124,561 | +€47,352 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,931 | €1,931 | = | 0.0% |
| Other operating charges | 640/8 | €468 | €793 | +€325 | +69.4% |
| Gross operating margin | 9900 | -€4,712 | -€2,211 | +€2,501 | +53.1% |
| Operating profit (loss) | 9901 | -€7,110 | -€4,934 | +€2,176 | +30.6% |
| Financial income | 75/76B | €2 | €30 | +€29 | +1900.0% |
| Recurring financial income | 75 | €2 | €30 | +€29 | +1900.0% |
| Financial charges | 65/66B | €67 | €86 | +€19 | +28.1% |
| Recurring financial charges | 65 | €67 | €86 | +€19 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,176 | -€4,991 | +€2,186 | +30.5% |
| Profit (loss) for the period | 9904 | -€7,176 | -€4,991 | +€2,186 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,176 | -€4,991 | +€2,186 | +30.5% |
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.