NOJAM: 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.
NOJAM
Largest movements
- Cash +€33,613
up €33,613 (+127.0%), from €26,467 to €60,080
mainly Net result for the year (+€88,126) and Tax, wage and social debts (+€20,553)
- Receivables within one year +€21,584
up €21,584 (+18.2%), from €118,328 to €139,913
of which Other amounts receivable: +€53,905
- Stocks and contracts -€11,877
down €11,877 (-22.0%), from €53,985 to €42,109
- Profit (loss) carried forward +€88,126
up €88,126, from -€15,546 to €72,579
- Trade debts -€58,576
down €58,576 (-33.5%), from €174,883 to €116,307
- Tax, wage and social debts +€20,553
up €20,553 (+126.2%), from €16,289 to €36,842
of which Taxes: +€22,132
- Other debts -€5,292
down €5,292 (-18.6%), from €28,503 to €23,211
- Gross operating margin +€114,701
up €114,701 (+83.7%), from €137,024 to €251,725
- Taxes +€23,126
new in 2024: €23,126
- Staff costs +€5,136
up €5,136 (+4.3%), from €119,167 to €124,303
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,588 | €269,399 | +€44,811 | +20.0% |
| Fixed assets | 21/28 | €25,224 | €27,298 | +€2,074 | +8.2% |
| Tangible fixed assets | 22/27 | €20,566 | €22,640 | +€2,074 | +10.1% |
| Land and buildings | 22 | €5,284 | €10,603 | +€5,319 | +100.7% |
| Plant, machinery and equipment | 23 | - | €3,936 | +€3,936 | |
| Furniture and vehicles | 24 | €1,566 | €1,242 | -€324 | -20.7% |
| Other tangible fixed assets | 26 | €13,716 | €6,858 | -€6,858 | -50.0% |
| Financial fixed assets | 28 | €4,658 | €4,658 | = | 0.0% |
| Current assets | 29/58 | €199,364 | €242,101 | +€42,737 | +21.4% |
| Stocks and contracts in progress | 3 | €53,985 | €42,109 | -€11,877 | -22.0% |
| Stocks | 30/36 | €53,985 | €42,109 | -€11,877 | -22.0% |
| Amounts receivable within one year | 40/41 | €118,328 | €139,913 | +€21,584 | +18.2% |
| Trade receivables | 40 | €109,295 | €76,974 | -€32,320 | -29.6% |
| Other amounts receivable | 41 | €9,034 | €62,938 | +€53,905 | +596.7% |
| Cash at bank and in hand | 54/58 | €26,467 | €60,080 | +€33,613 | +127.0% |
| Deferred charges and accrued income | 490/1 | €584 | - | -€584 | |
| Total equity and liabilities | 10/49 | €224,588 | €269,399 | +€44,811 | +20.0% |
| Equity | 10/15 | €4,914 | €93,039 | +€88,126 | +1793.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,546 | €72,579 | +€88,126 | |
| Amounts payable | 17/49 | €219,674 | €176,360 | -€43,315 | -19.7% |
| Amounts payable within one year | 42/48 | €219,674 | €176,360 | -€43,315 | -19.7% |
| Trade debts | 44 | €174,883 | €116,307 | -€58,576 | -33.5% |
| Suppliers | 440/4 | €174,883 | €116,307 | -€58,576 | -33.5% |
| Taxes, remuneration and social security | 45 | €16,289 | €36,842 | +€20,553 | +126.2% |
| Taxes | 450/3 | €994 | €23,126 | +€22,132 | +2225.5% |
| Remuneration and social security | 454/9 | €15,295 | €13,716 | -€1,579 | -10.3% |
| Other amounts payable | 47/48 | €28,503 | €23,211 | -€5,292 | -18.6% |
| Remuneration, social security and pensions | 62 | €119,167 | €124,303 | +€5,136 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,554 | €11,821 | +€2,267 | +23.7% |
| Other operating charges | 640/8 | €1,091 | €3,080 | +€1,989 | +182.3% |
| Gross operating margin | 9900 | €137,024 | €251,725 | +€114,701 | +83.7% |
| Operating profit (loss) | 9901 | €7,212 | €112,520 | +€105,308 | +1460.1% |
| Financial charges | 65/66B | €1,446 | €1,268 | -€177 | -12.3% |
| Recurring financial charges | 65 | €1,446 | €1,268 | -€177 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €5,767 | €111,252 | +€105,485 | +1829.2% |
| Income taxes | 67/77 | - | €23,126 | +€23,126 | |
| Profit (loss) for the period | 9904 | €5,767 | €88,126 | +€82,359 | +1428.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,767 | €88,126 | +€82,359 | +1428.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.