Noka-inf: 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.
Noka-inf
Largest movements
- Receivables within one year -€13,485
down €13,485 (-90.3%), from €14,939 to €1,454
of which Trade receivables: -€13,566
- Cash -€3,487
down €3,487 (-4.3%), from €80,978 to €77,491
mainly Contributions, distributions and other (-€58,824) and Advances received (-€16,517)
- Tangible fixed assets -€3,075
down €3,075 (-21.6%), from €14,263 to €11,188
of which Furniture and vehicles: -€2,524
- Advances received -€16,517
no longer reported in 2025 (was €16,517)
- Reserves -€7,758
down €7,758 (-8.6%), from €90,448 to €82,691
- Tax, wage and social debts +€4,229
up €4,229 (+214%), from €1,978 to €6,207
- Taxes +€4,029
up €4,029 (+25.7%), from €15,678 to €19,707
- Depreciation +€1,962
up €1,962 (+176%), from €1,113 to €3,075
- Financial charges +€1,109
up €1,109 (+151%), from €734 to €1,843
- Gross operating margin +€772
up €772 (+1.0%), from €75,633 to €76,406
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 | €112,657 | €92,756 | -€19,901 | -17.7% |
| Fixed assets | 21/28 | €14,263 | €11,188 | -€3,075 | -21.6% |
| Tangible fixed assets | 22/27 | €14,263 | €11,188 | -€3,075 | -21.6% |
| Plant, machinery and equipment | 23 | €2,332 | €1,781 | -€551 | -23.6% |
| Furniture and vehicles | 24 | €11,931 | €9,407 | -€2,524 | -21.2% |
| Current assets | 29/58 | €98,395 | €81,568 | -€16,826 | -17.1% |
| Amounts receivable within one year | 40/41 | €14,939 | €1,454 | -€13,485 | -90.3% |
| Trade receivables | 40 | €14,617 | €1,051 | -€13,566 | -92.8% |
| Other amounts receivable | 41 | €322 | €402 | +€81 | +25.0% |
| Cash at bank and in hand | 54/58 | €80,978 | €77,491 | -€3,487 | -4.3% |
| Deferred charges and accrued income | 490/1 | €2,477 | €2,623 | +€146 | +5.9% |
| Total equity and liabilities | 10/49 | €112,657 | €92,756 | -€19,901 | -17.7% |
| Equity | 10/15 | €92,948 | €85,191 | -€7,758 | -8.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €90,448 | €82,691 | -€7,758 | -8.6% |
| Distributable reserves | 133 | €90,448 | €82,691 | -€7,758 | -8.6% |
| Amounts payable | 17/49 | €19,709 | €7,565 | -€12,144 | -61.6% |
| Amounts payable within one year | 42/48 | €19,709 | €7,565 | -€12,144 | -61.6% |
| Trade debts | 44 | €760 | €909 | +€149 | +19.6% |
| Suppliers | 440/4 | €760 | €909 | +€149 | +19.6% |
| Advances received on contracts in progress | 46 | €16,517 | - | -€16,517 | |
| Taxes, remuneration and social security | 45 | €1,978 | €6,207 | +€4,229 | +214% |
| Taxes | 450/3 | €1,978 | €6,207 | +€4,229 | +214% |
| Other amounts payable | 47/48 | €454 | €449 | -€5 | -1.2% |
| Non-recurring operating income | 76A | - | €16,517 | +€16,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,113 | €3,075 | +€1,962 | +176% |
| Other operating charges | 640/8 | €986 | €714 | -€272 | -27.6% |
| Gross operating margin | 9900 | €75,633 | €76,406 | +€772 | +1.0% |
| Operating profit (loss) | 9901 | €73,535 | €72,616 | -€918 | -1.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €734 | €1,843 | +€1,109 | +151% |
| Recurring financial charges | 65 | €734 | €1,843 | +€1,109 | +151% |
| Profit (loss) for the period before taxes | 9903 | €72,801 | €70,773 | -€2,028 | -2.8% |
| Income taxes | 67/77 | €15,678 | €19,707 | +€4,029 | +25.7% |
| Profit (loss) for the period | 9904 | €57,123 | €51,066 | -€6,057 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,123 | €51,066 | -€6,057 | -10.6% |
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 26 October 2026 via checked.be.