NOKHSAS: 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.
NOKHSAS
Largest movements
- Cash +€39,687
up €39,687 (+434.7%), from €9,130 to €48,817
mainly Net result for the year (+€33,752) and Depreciation (+€7,998)
- Tangible fixed assets -€7,998
down €7,998 (-23.7%), from €33,718 to €25,720
- Receivables within one year +€2,500
new in 2025: €2,500
- Reserves +€30,000
new in 2025: €30,000
- Profit (loss) carried forward +€3,752
up €3,752 (+14.2%), from €26,481 to €30,233
- Contributions +€2,500
new in 2025: €2,500
- Tax, wage and social debts -€1,492
down €1,492 (-22.1%), from €6,755 to €5,263
- Gross operating margin +€16,696
up €16,696 (+42.3%), from €39,516 to €56,212
- Taxes +€7,159
up €7,159 (+106.0%), from €6,755 to €13,914
- Depreciation +€1,726
up €1,726 (+27.5%), from €6,272 to €7,998
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 | €42,848 | €77,037 | +€34,189 | +79.8% |
| Fixed assets | 21/28 | €33,718 | €25,720 | -€7,998 | -23.7% |
| Tangible fixed assets | 22/27 | €33,718 | €25,720 | -€7,998 | -23.7% |
| Furniture and vehicles | 24 | €33,718 | €25,720 | -€7,998 | -23.7% |
| Current assets | 29/58 | €9,130 | €51,317 | +€42,187 | +462.1% |
| Amounts receivable within one year | 40/41 | - | €2,500 | +€2,500 | |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €9,130 | €48,817 | +€39,687 | +434.7% |
| Total equity and liabilities | 10/49 | €42,848 | €77,037 | +€34,189 | +79.8% |
| Equity | 10/15 | €26,481 | €62,733 | +€36,252 | +136.9% |
| Contributions | 10/11 | - | €2,500 | +€2,500 | |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €26,481 | €30,233 | +€3,752 | +14.2% |
| Amounts payable | 17/49 | €16,367 | €14,304 | -€2,063 | -12.6% |
| Amounts payable within one year | 42/48 | €16,367 | €14,304 | -€2,063 | -12.6% |
| Financial debts | 43 | €111 | - | -€111 | |
| Credit institutions | 430/8 | €111 | - | -€111 | |
| Trade debts | 44 | - | €171 | +€171 | |
| Suppliers | 440/4 | - | €171 | +€171 | |
| Taxes, remuneration and social security | 45 | €6,755 | €5,263 | -€1,492 | -22.1% |
| Taxes | 450/3 | €6,755 | €5,263 | -€1,492 | -22.1% |
| Other amounts payable | 47/48 | €9,501 | €8,869 | -€632 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,272 | €7,998 | +€1,726 | +27.5% |
| Other operating charges | 640/8 | - | €551 | +€551 | |
| Gross operating margin | 9900 | €39,516 | €56,212 | +€16,696 | +42.3% |
| Operating profit (loss) | 9901 | €33,244 | €47,663 | +€14,419 | +43.4% |
| Financial income | 75/76B | - | €111 | +€111 | |
| Recurring financial income | 75 | - | €111 | +€111 | |
| Financial charges | 65/66B | €8 | €108 | +€100 | +1293.9% |
| Recurring financial charges | 65 | €8 | €108 | +€100 | +1293.9% |
| Profit (loss) for the period before taxes | 9903 | €33,236 | €47,666 | +€14,430 | +43.4% |
| Income taxes | 67/77 | €6,755 | €13,914 | +€7,159 | +106.0% |
| Profit (loss) for the period | 9904 | €26,481 | €33,752 | +€7,271 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,481 | €33,752 | +€7,271 | +27.5% |
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 5 October 2026 via checked.be.