NOISETTE: 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.
NOISETTE
Largest movements
- Tangible fixed assets -€14,390
down €14,390 (-15.6%), from €92,506 to €78,116
of which Other tangible fixed assets: -€11,544
- Profit (loss) carried forward -€29,782
down €29,782 (-143.2%), from -€20,803 to -€50,584
- Other debts +€23,762
up €23,762 (+55.6%), from €42,743 to €66,505
- Trade debts -€4,861
down €4,861 (-75.7%), from €6,419 to €1,558
of which Suppliers: -€4,625
- Tax, wage and social debts -€2,590
down €2,590 (-24.9%), from €10,398 to €7,808
of which Remuneration and social security: -€2,130
- Gross operating margin -€32,670
down €32,670 (-96.7%), from €33,796 to €1,126
- Staff costs -€21,394
down €21,394 (-62.0%), from €34,518 to €13,124
- Financial income -€9,048
down €9,048 (-98.4%), from €9,195 to €147
- Depreciation -€5,369
down €5,369 (-25.6%), from €20,999 to €15,629
- Financial charges -€4,535
down €4,535 (-98.6%), from €4,598 to €63
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 | €105,757 | €92,286 | -€13,471 | -12.7% |
| Fixed assets | 21/28 | €92,506 | €78,116 | -€14,390 | -15.6% |
| Tangible fixed assets | 22/27 | €92,506 | €78,116 | -€14,390 | -15.6% |
| Plant, machinery and equipment | 23 | €3,945 | €2,124 | -€1,822 | -46.2% |
| Furniture and vehicles | 24 | €3,843 | €2,818 | -€1,025 | -26.7% |
| Other tangible fixed assets | 26 | €84,718 | €73,174 | -€11,544 | -13.6% |
| Current assets | 29/58 | €13,251 | €14,170 | +€919 | +6.9% |
| Stocks and contracts in progress | 3 | €3,600 | €4,273 | +€673 | +18.7% |
| Stocks | 30/36 | €3,600 | €4,273 | +€673 | +18.7% |
| Amounts receivable within one year | 40/41 | €596 | €457 | -€139 | -23.3% |
| Other amounts receivable | 41 | €596 | €457 | -€139 | -23.3% |
| Cash at bank and in hand | 54/58 | €9,055 | €9,440 | +€385 | +4.3% |
| Total equity and liabilities | 10/49 | €105,757 | €92,286 | -€13,471 | -12.7% |
| Equity | 10/15 | -€17,803 | -€47,584 | -€29,782 | -167.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,803 | -€50,584 | -€29,782 | -143.2% |
| Amounts payable | 17/49 | €123,560 | €139,871 | +€16,311 | +13.2% |
| Amounts payable after more than one year | 17 | €64,000 | €64,000 | = | 0.0% |
| Financial debts | 170/4 | €64,000 | €64,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,560 | €75,871 | +€16,311 | +27.4% |
| Trade debts | 44 | €6,419 | €1,558 | -€4,861 | -75.7% |
| Suppliers | 440/4 | €6,183 | €1,558 | -€4,625 | -74.8% |
| Bills of exchange payable | 441 | €236 | - | -€236 | |
| Taxes, remuneration and social security | 45 | €10,398 | €7,808 | -€2,590 | -24.9% |
| Taxes | 450/3 | €4,586 | €4,126 | -€460 | -10.0% |
| Remuneration and social security | 454/9 | €5,812 | €3,682 | -€2,130 | -36.6% |
| Other amounts payable | 47/48 | €42,743 | €66,505 | +€23,762 | +55.6% |
| Remuneration, social security and pensions | 62 | €34,518 | €13,124 | -€21,394 | -62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,999 | €15,629 | -€5,369 | -25.6% |
| Other operating charges | 640/8 | €3,679 | €2,238 | -€1,441 | -39.2% |
| Gross operating margin | 9900 | €33,796 | €1,126 | -€32,670 | -96.7% |
| Operating profit (loss) | 9901 | -€25,400 | -€29,865 | -€4,465 | -17.6% |
| Financial income | 75/76B | €9,195 | €147 | -€9,048 | -98.4% |
| Recurring financial income | 75 | €9,195 | €147 | -€9,048 | -98.4% |
| Financial charges | 65/66B | €4,598 | €63 | -€4,535 | -98.6% |
| Recurring financial charges | 65 | €4,598 | €63 | -€4,535 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,803 | -€29,782 | -€8,979 | -43.2% |
| Profit (loss) for the period | 9904 | -€20,803 | -€29,782 | -€8,979 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,803 | -€29,782 | -€8,979 | -43.2% |
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 9 October 2026 via checked.be.