NOKERMAN B.: 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.
NOKERMAN B.
Largest movements
- Tangible fixed assets -€37,539
down €37,539 (-4.0%), from €927,245 to €889,705
of which Land and buildings: -€38,422
- Cash +€19,560
up €19,560 (+53.7%), from €36,415 to €55,975
mainly Depreciation (+€38,837) and Trade debts (+€1,464)
- Other debts -€17,841
down €17,841 (-26.8%), from €66,492 to €48,651
- Depreciation -€30,426
down €30,426 (-43.9%), from €69,264 to €38,837
- Gross operating margin -€12,210
down €12,210 (-21.7%), from €56,141 to €43,932
- Turnover -€12,088
down €12,088 (-15.4%), from €78,688 to €66,600
- Financial charges -€1,654
down €1,654 (-42.8%), from €3,868 to €2,213
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 | €975,729 | €956,628 | -€19,101 | -2.0% |
| Fixed assets | 21/28 | €927,245 | €889,705 | -€37,539 | -4.0% |
| Tangible fixed assets | 22/27 | €927,245 | €889,705 | -€37,539 | -4.0% |
| Land and buildings | 22 | €926,912 | €888,490 | -€38,422 | -4.1% |
| Furniture and vehicles | 24 | €332 | €1,215 | +€883 | +265% |
| Current assets | 29/58 | €48,484 | €66,923 | +€18,439 | +38.0% |
| Amounts receivable within one year | 40/41 | €10,205 | €10,427 | +€222 | +2.2% |
| Trade receivables | 40 | €10,205 | €10,427 | +€222 | +2.2% |
| Cash at bank and in hand | 54/58 | €36,415 | €55,975 | +€19,560 | +53.7% |
| Deferred charges and accrued income | 490/1 | €1,864 | €521 | -€1,343 | -72.1% |
| Total equity and liabilities | 10/49 | €975,729 | €956,628 | -€19,101 | -2.0% |
| Equity | 10/15 | €909,237 | €905,663 | -€3,574 | -0.4% |
| Contributions | 10/11 | €1,228,451 | €1,228,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€319,215 | -€322,788 | -€3,574 | -1.1% |
| Amounts payable | 17/49 | €66,492 | €50,965 | -€15,527 | -23.4% |
| Amounts payable within one year | 42/48 | €66,492 | €50,115 | -€16,377 | -24.6% |
| Trade debts | 44 | - | €1,464 | +€1,464 | |
| Suppliers | 440/4 | - | €1,464 | +€1,464 | |
| Other amounts payable | 47/48 | €66,492 | €48,651 | -€17,841 | -26.8% |
| Accrued charges and deferred income | 492/3 | - | €850 | +€850 | |
| Turnover | 70 | €78,688 | €66,600 | -€12,088 | -15.4% |
| Non-recurring operating income | 76A | €155 | - | -€155 | |
| Goods, raw materials, services and sundry goods | 60/61 | €22,701 | €22,688 | -€13 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,264 | €38,837 | -€30,426 | -43.9% |
| Other operating charges | 640/8 | €7,308 | €6,681 | -€627 | -8.6% |
| Gross operating margin | 9900 | €56,141 | €43,932 | -€12,210 | -21.7% |
| Operating profit (loss) | 9901 | -€20,430 | -€1,586 | +€18,844 | +92.2% |
| Financial income | 75/76B | €402 | €372 | -€30 | -7.5% |
| Recurring financial income | 75 | €402 | €372 | -€30 | -7.5% |
| Financial charges | 65/66B | €3,868 | €2,213 | -€1,654 | -42.8% |
| Recurring financial charges | 65 | €3,868 | €2,213 | -€1,654 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,896 | -€3,428 | +€20,468 | +85.7% |
| Income taxes | 67/77 | €197 | €146 | -€51 | -25.9% |
| Profit (loss) for the period | 9904 | -€24,093 | -€3,574 | +€20,519 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,093 | -€3,574 | +€20,519 | +85.2% |
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 25 October 2026 via checked.be.