NOIN: 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.
NOIN
Largest movements
- Receivables within one year -€43,386
down €43,386 (-48.6%), from €89,296 to €45,910
of which Other amounts receivable: -€41,141
- Tangible fixed assets -€15,495
down €15,495 (-29.1%), from €53,180 to €37,685
of which Furniture and vehicles: -€16,435
- Cash -€11,162
down €11,162 (-20.4%), from €54,754 to €43,592
mainly Contributions, distributions and other (-€310,232) and Current portion of long-term debt (-€14,118)
- Deferred charges and accrued income -€3,652
down €3,652 (-6.9%), from €52,950 to €49,298
- Reserves -€179,581
down €179,581 (-100.0%), from €179,581 to €0
- Other debts +€130,651
new in 2025: €130,651
- Current portion of long-term debt -€14,118
down €14,118 (-74.8%), from €18,886 to €4,768
- Tax, wage and social debts -€14,084
down €14,084 (-48.9%), from €28,809 to €14,725
- Accrued charges and deferred income +€8,841
new in 2025: €8,841
- Gross operating margin -€62,356
down €62,356 (-24.6%), from €252,985 to €190,629
- Taxes -€15,890
down €15,890 (-28.7%), from €55,402 to €39,512
- Depreciation +€5,389
up €5,389 (+39.1%), from €13,778 to €19,168
- Financial charges -€3,707
down €3,707 (-78.0%), from €4,752 to €1,045
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 | €250,180 | €176,485 | -€73,695 | -29.5% |
| Fixed assets | 21/28 | €53,180 | €37,685 | -€15,495 | -29.1% |
| Tangible fixed assets | 22/27 | €53,180 | €37,685 | -€15,495 | -29.1% |
| Plant, machinery and equipment | 23 | - | €2,590 | +€2,590 | |
| Furniture and vehicles | 24 | €46,068 | €29,634 | -€16,435 | -35.7% |
| Other tangible fixed assets | 26 | €7,112 | €5,462 | -€1,650 | -23.2% |
| Current assets | 29/58 | €197,001 | €138,801 | -€58,200 | -29.5% |
| Amounts receivable within one year | 40/41 | €89,296 | €45,910 | -€43,386 | -48.6% |
| Trade receivables | 40 | €41,518 | €39,273 | -€2,245 | -5.4% |
| Other amounts receivable | 41 | €47,778 | €6,638 | -€41,141 | -86.1% |
| Cash at bank and in hand | 54/58 | €54,754 | €43,592 | -€11,162 | -20.4% |
| Deferred charges and accrued income | 490/1 | €52,950 | €49,298 | -€3,652 | -6.9% |
| Total equity and liabilities | 10/49 | €250,180 | €176,485 | -€73,695 | -29.5% |
| Equity | 10/15 | €179,582 | €1 | -€179,581 | -100.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €179,581 | €0 | -€179,581 | -100.0% |
| Distributable reserves | 133 | €179,581 | €0 | -€179,581 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,598 | €176,484 | +€105,886 | +150.0% |
| Amounts payable after more than one year | 17 | €4,768 | €0 | -€4,768 | -100.0% |
| Financial debts | 170/4 | €4,768 | €0 | -€4,768 | -100.0% |
| Amounts payable within one year | 42/48 | €65,830 | €167,644 | +€101,814 | +154.7% |
| Current portion of amounts payable after more than one year | 42 | €18,886 | €4,768 | -€14,118 | -74.8% |
| Financial debts | 43 | €17,728 | €17,500 | -€228 | -1.3% |
| Credit institutions | 430/8 | €17,728 | €17,500 | -€228 | -1.3% |
| Trade debts | 44 | €407 | €0 | -€407 | -100.0% |
| Suppliers | 440/4 | €407 | €0 | -€407 | -100.0% |
| Taxes, remuneration and social security | 45 | €28,809 | €14,725 | -€14,084 | -48.9% |
| Taxes | 450/3 | €28,809 | €14,725 | -€14,084 | -48.9% |
| Other amounts payable | 47/48 | - | €130,651 | +€130,651 | |
| Accrued charges and deferred income | 492/3 | - | €8,841 | +€8,841 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,778 | €19,168 | +€5,389 | +39.1% |
| Other operating charges | 640/8 | €605 | €507 | -€98 | -16.2% |
| Gross operating margin | 9900 | €252,985 | €190,629 | -€62,356 | -24.6% |
| Operating profit (loss) | 9901 | €238,602 | €170,954 | -€67,647 | -28.4% |
| Financial income | 75/76B | €1,134 | €254 | -€880 | -77.6% |
| Recurring financial income | 75 | €1,134 | €254 | -€880 | -77.6% |
| Financial charges | 65/66B | €4,752 | €1,045 | -€3,707 | -78.0% |
| Recurring financial charges | 65 | €4,752 | €1,045 | -€3,707 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €234,984 | €170,163 | -€64,820 | -27.6% |
| Income taxes | 67/77 | €55,402 | €39,512 | -€15,890 | -28.7% |
| Profit (loss) for the period | 9904 | €179,581 | €130,651 | -€48,930 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €179,581 | €130,651 | -€48,930 | -27.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.