NOISE BLOCK PROJECTS: 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.
NOISE BLOCK PROJECTS
Largest movements
- Cash +€13,177
up €13,177 (+64.2%), from €20,516 to €33,693
mainly Receivables within one year (+€10,219) and Net result for the year (+€5,580)
- Receivables within one year -€10,219
down €10,219 (-41.5%), from €24,653 to €14,434
of which Other amounts receivable: -€8,605
- Tangible fixed assets -€680
down €680 (-43.3%), from €1,569 to €889
of which Furniture and vehicles: -€528
- Other debts +€4,263
new in 2025: €4,263
- Trade debts -€3,600
down €3,600 (-71.4%), from €5,040 to €1,439
- Reserves +€1,317
up €1,317 (+6.5%), from €20,358 to €21,675
- Gross operating margin -€31,274
down €31,274 (-73.7%), from €42,446 to €11,172
- Taxes -€7,287
down €7,287 (-73.0%), from €9,987 to €2,700
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 | €48,494 | €50,914 | +€2,421 | +5.0% |
| Fixed assets | 21/28 | €1,569 | €889 | -€680 | -43.3% |
| Tangible fixed assets | 22/27 | €1,569 | €889 | -€680 | -43.3% |
| Furniture and vehicles | 24 | €1,138 | €610 | -€528 | -46.4% |
| Other tangible fixed assets | 26 | €431 | €279 | -€152 | -35.3% |
| Current assets | 29/58 | €46,924 | €50,025 | +€3,101 | +6.6% |
| Amounts receivable within one year | 40/41 | €24,653 | €14,434 | -€10,219 | -41.5% |
| Trade receivables | 40 | €13,565 | €11,952 | -€1,613 | -11.9% |
| Other amounts receivable | 41 | €11,087 | €2,482 | -€8,605 | -77.6% |
| Cash at bank and in hand | 54/58 | €20,516 | €33,693 | +€13,177 | +64.2% |
| Deferred charges and accrued income | 490/1 | €1,756 | €1,898 | +€143 | +8.1% |
| Total equity and liabilities | 10/49 | €48,494 | €50,914 | +€2,421 | +5.0% |
| Equity | 10/15 | €32,758 | €34,075 | +€1,317 | +4.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,358 | €21,675 | +€1,317 | +6.5% |
| Distributable reserves | 133 | €20,358 | €21,675 | +€1,317 | +6.5% |
| Amounts payable | 17/49 | €15,735 | €16,839 | +€1,104 | +7.0% |
| Amounts payable within one year | 42/48 | €15,735 | €16,839 | +€1,104 | +7.0% |
| Trade debts | 44 | €5,040 | €1,439 | -€3,600 | -71.4% |
| Suppliers | 440/4 | €5,040 | €1,439 | -€3,600 | -71.4% |
| Taxes, remuneration and social security | 45 | €10,695 | €11,136 | +€441 | +4.1% |
| Taxes | 450/3 | €10,695 | €11,136 | +€441 | +4.1% |
| Other amounts payable | 47/48 | - | €4,263 | +€4,263 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €680 | -€137 | -16.8% |
| Other operating charges | 640/8 | €1,025 | €1,286 | +€261 | +25.5% |
| Gross operating margin | 9900 | €42,446 | €11,172 | -€31,274 | -73.7% |
| Operating profit (loss) | 9901 | €40,603 | €9,206 | -€31,398 | -77.3% |
| Financial income | 75/76B | €1 | €58 | +€57 | +11,031% |
| Recurring financial income | 75 | €1 | €58 | +€57 | +11,031% |
| Financial charges | 65/66B | €1,225 | €984 | -€241 | -19.7% |
| Recurring financial charges | 65 | €1,225 | €984 | -€241 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €39,378 | €8,280 | -€31,099 | -79.0% |
| Income taxes | 67/77 | €9,987 | €2,700 | -€7,287 | -73.0% |
| Profit (loss) for the period | 9904 | €29,392 | €5,580 | -€23,811 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,392 | €5,580 | -€23,811 | -81.0% |
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 20 October 2026 via checked.be.