NoJu: 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.
NoJu
Largest movements
- Tangible fixed assets -€11,565
down €11,565 (-35.9%), from €32,200 to €20,635
of which Furniture and vehicles: -€9,152
- Receivables within one year +€10,863
up €10,863 (+19.7%), from €55,235 to €66,097
of which Trade receivables: +€12,282
- Financial fixed assets +€10,000
up €10,000 (+10.0%), from €100,000 to €110,000
- Cash -€9,910
down €9,910 (-82.0%), from €12,084 to €2,174
mainly Other debts (-€28,923) and Receivables within one year (-€10,863)
- Other debts -€28,923
down €28,923 (-36.3%), from €79,674 to €50,751
- Trade debts +€27,831
up €27,831 (+3167.5%), from €879 to €28,710
- Profit (loss) carried forward +€14,877
new in 2025: €14,877
- Debts after one year -€9,370
down €9,370 (-15.8%), from €59,370 to €50,000
- Current portion of long-term debt -€7,097
down €7,097 (-43.1%), from €16,468 to €9,370
- Gross operating margin -€32,387
down €32,387 (-43.5%), from €74,382 to €41,994
- Taxes -€1,921
down €1,921 (-15.0%), from €12,819 to €10,899
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 | €201,240 | €200,908 | -€333 | -0.2% |
| Fixed assets | 21/28 | €132,200 | €130,635 | -€1,565 | -1.2% |
| Tangible fixed assets | 22/27 | €32,200 | €20,635 | -€11,565 | -35.9% |
| Land and buildings | 22 | €6,167 | €5,139 | -€1,028 | -16.7% |
| Furniture and vehicles | 24 | €17,428 | €8,275 | -€9,152 | -52.5% |
| Other tangible fixed assets | 26 | €8,605 | €7,220 | -€1,385 | -16.1% |
| Financial fixed assets | 28 | €100,000 | €110,000 | +€10,000 | +10.0% |
| Current assets | 29/58 | €69,040 | €70,273 | +€1,233 | +1.8% |
| Amounts receivable within one year | 40/41 | €55,235 | €66,097 | +€10,863 | +19.7% |
| Trade receivables | 40 | €52,085 | €64,366 | +€12,282 | +23.6% |
| Other amounts receivable | 41 | €3,150 | €1,731 | -€1,419 | -45.0% |
| Cash at bank and in hand | 54/58 | €12,084 | €2,174 | -€9,910 | -82.0% |
| Deferred charges and accrued income | 490/1 | €1,721 | €2,002 | +€281 | +16.3% |
| Total equity and liabilities | 10/49 | €201,240 | €200,908 | -€333 | -0.2% |
| Equity | 10/15 | €16,551 | €31,428 | +€14,877 | +89.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,551 | €11,551 | = | 0.0% |
| Distributable reserves | 133 | €11,551 | €11,551 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €14,877 | +€14,877 | |
| Amounts payable | 17/49 | €184,689 | €169,480 | -€15,210 | -8.2% |
| Amounts payable after more than one year | 17 | €59,370 | €50,000 | -€9,370 | -15.8% |
| Financial debts | 170/4 | €59,370 | €50,000 | -€9,370 | -15.8% |
| Amounts payable within one year | 42/48 | €125,319 | €119,480 | -€5,840 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €16,468 | €9,370 | -€7,097 | -43.1% |
| Trade debts | 44 | €879 | €28,710 | +€27,831 | +3167.5% |
| Suppliers | 440/4 | €879 | €28,710 | +€27,831 | +3167.5% |
| Taxes, remuneration and social security | 45 | €28,299 | €30,649 | +€2,350 | +8.3% |
| Taxes | 450/3 | €20,461 | €25,856 | +€5,395 | +26.4% |
| Remuneration and social security | 454/9 | €7,838 | €4,793 | -€3,045 | -38.8% |
| Other amounts payable | 47/48 | €79,674 | €50,751 | -€28,923 | -36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,728 | €11,565 | -€162 | -1.4% |
| Other operating charges | 640/8 | €339 | €128 | -€211 | -62.2% |
| Gross operating margin | 9900 | €74,382 | €41,994 | -€32,387 | -43.5% |
| Operating profit (loss) | 9901 | €62,315 | €30,301 | -€32,014 | -51.4% |
| Financial charges | 65/66B | €4,192 | €4,525 | +€333 | +7.9% |
| Recurring financial charges | 65 | €4,192 | €4,525 | +€333 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €58,123 | €25,776 | -€32,347 | -55.7% |
| Income taxes | 67/77 | €12,819 | €10,899 | -€1,921 | -15.0% |
| Profit (loss) for the period | 9904 | €45,304 | €14,877 | -€30,427 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,304 | €14,877 | -€30,427 | -67.2% |
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 6 October 2026 via checked.be.