NOKU: 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.
NOKU
Largest movements
- Receivables within one year +€114,703
new in 2025: €114,703
of which Other amounts receivable: +€90,153
- Cash -€47,090
down €47,090 (-78.9%), from €59,696 to €12,606
mainly Receivables within one year (-€114,703)
- Stocks and contracts -€2,779
down €2,779 (-39.6%), from €7,022 to €4,243
- Trade debts +€43,847
up €43,847 (+1,827%), from €2,400 to €46,248
- Profit (loss) carried forward +€17,691
up €17,691 (+53.9%), from €32,828 to €50,519
- Tax, wage and social debts +€2,846
up €2,846 (+16.8%), from €16,892 to €19,737
of which Taxes: +€3,048
- Gross operating margin -€31,554
down €31,554 (-44.6%), from €70,793 to €39,239
- Taxes -€3,351
down €3,351 (-40.4%), from €8,299 to €4,947
- Staff costs -€3,329
down €3,329 (-92.8%), from €3,587 to €258
- Other operating charges +€3,239
up €3,239 (+32.9%), from €9,856 to €13,095
- Financial charges +€745
up €745 (+35.9%), from €2,073 to €2,818
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 | €75,120 | €139,504 | +€64,384 | +85.7% |
| Fixed assets | 21/28 | €8,402 | €7,953 | -€450 | -5.4% |
| Tangible fixed assets | 22/27 | €1,652 | €1,203 | -€450 | -27.2% |
| Plant, machinery and equipment | 23 | €1,652 | €1,203 | -€450 | -27.2% |
| Financial fixed assets | 28 | €6,750 | €6,750 | = | 0.0% |
| Current assets | 29/58 | €66,718 | €131,551 | +€64,834 | +97.2% |
| Stocks and contracts in progress | 3 | €7,022 | €4,243 | -€2,779 | -39.6% |
| Stocks | 30/36 | €7,022 | €4,243 | -€2,779 | -39.6% |
| Amounts receivable within one year | 40/41 | - | €114,703 | +€114,703 | |
| Trade receivables | 40 | - | €24,549 | +€24,549 | |
| Other amounts receivable | 41 | - | €90,153 | +€90,153 | |
| Cash at bank and in hand | 54/58 | €59,696 | €12,606 | -€47,090 | -78.9% |
| Total equity and liabilities | 10/49 | €75,120 | €139,504 | +€64,384 | +85.7% |
| Equity | 10/15 | €35,828 | €53,519 | +€17,691 | +49.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,828 | €50,519 | +€17,691 | +53.9% |
| Amounts payable | 17/49 | €39,292 | €85,985 | +€46,693 | +119% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,292 | €65,985 | +€46,693 | +242% |
| Trade debts | 44 | €2,400 | €46,248 | +€43,847 | +1,827% |
| Suppliers | 440/4 | €2,400 | €46,248 | +€43,847 | +1,827% |
| Taxes, remuneration and social security | 45 | €16,892 | €19,737 | +€2,846 | +16.8% |
| Taxes | 450/3 | €16,690 | €19,737 | +€3,048 | +18.3% |
| Remuneration and social security | 454/9 | €202 | - | -€202 | |
| Remuneration, social security and pensions | 62 | €3,587 | €258 | -€3,329 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €397 | €450 | +€53 | +13.3% |
| Other operating charges | 640/8 | €9,856 | €13,095 | +€3,239 | +32.9% |
| Non-recurring operating charges | 66A | €1,704 | - | -€1,704 | |
| Gross operating margin | 9900 | €70,793 | €39,239 | -€31,554 | -44.6% |
| Operating profit (loss) | 9901 | €55,250 | €25,437 | -€29,813 | -54.0% |
| Financial income | 75/76B | €131 | €19 | -€111 | -85.2% |
| Recurring financial income | 75 | €131 | €19 | -€111 | -85.2% |
| Financial charges | 65/66B | €2,073 | €2,818 | +€745 | +35.9% |
| Recurring financial charges | 65 | €2,073 | €2,818 | +€745 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €53,308 | €22,638 | -€30,669 | -57.5% |
| Income taxes | 67/77 | €8,299 | €4,947 | -€3,351 | -40.4% |
| Profit (loss) for the period | 9904 | €45,009 | €17,691 | -€27,318 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,009 | €17,691 | -€27,318 | -60.7% |
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 14 October 2026 via checked.be.