NOLA: 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.
NOLA
Largest movements
- Cash +€292,442
up €292,442 (+137.2%), from €213,222 to €505,663
mainly Stocks and contracts (+€240,974) and Depreciation (+€50,089)
- Stocks and contracts -€240,974
no longer reported in 2025 (was €240,974)
- Tangible fixed assets -€50,084
down €50,084 (-10.6%), from €472,672 to €422,588
of which Land and buildings: -€39,437
- Receivables within one year -€37,984
down €37,984 (-89.2%), from €42,571 to €4,587
of which Trade receivables: -€33,471
- Debts after one year -€26,012
down €26,012 (-8.6%), from €301,263 to €275,251
- Trade debts -€16,591
down €16,591 (-78.2%), from €21,211 to €4,620
- Reserves +€12,000
up €12,000 (+8.3%), from €145,037 to €157,037
- Turnover +€412,926
new in 2025: €412,926
- Purchases and services +€357,942
new in 2025: €357,942
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 | €969,588 | €934,623 | -€34,965 | -3.6% |
| Fixed assets | 21/28 | €472,822 | €422,738 | -€50,084 | -10.6% |
| Tangible fixed assets | 22/27 | €472,672 | €422,588 | -€50,084 | -10.6% |
| Land and buildings | 22 | €447,360 | €407,923 | -€39,437 | -8.8% |
| Plant, machinery and equipment | 23 | €4,015 | €3,019 | -€996 | -24.8% |
| Furniture and vehicles | 24 | €21,297 | €11,646 | -€9,651 | -45.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €496,767 | €511,886 | +€15,119 | +3.0% |
| Stocks and contracts in progress | 3 | €240,974 | - | -€240,974 | |
| Stocks | 30/36 | €240,974 | - | -€240,974 | |
| Amounts receivable within one year | 40/41 | €42,571 | €4,587 | -€37,984 | -89.2% |
| Trade receivables | 40 | €36,126 | €2,655 | -€33,471 | -92.6% |
| Other amounts receivable | 41 | €6,445 | €1,932 | -€4,513 | -70.0% |
| Cash at bank and in hand | 54/58 | €213,222 | €505,663 | +€292,442 | +137.2% |
| Deferred charges and accrued income | 490/1 | - | €1,635 | +€1,635 | |
| Total equity and liabilities | 10/49 | €969,588 | €934,623 | -€34,965 | -3.6% |
| Equity | 10/15 | €163,749 | €177,306 | +€13,557 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €145,037 | €157,037 | +€12,000 | +8.3% |
| Distributable reserves | 133 | €145,037 | €157,037 | +€12,000 | +8.3% |
| Profit (loss) carried forward | 14 | €12,513 | €14,069 | +€1,557 | +12.4% |
| Amounts payable | 17/49 | €805,839 | €757,317 | -€48,522 | -6.0% |
| Amounts payable after more than one year | 17 | €301,263 | €275,251 | -€26,012 | -8.6% |
| Financial debts | 170/4 | €301,263 | €275,251 | -€26,012 | -8.6% |
| Amounts payable within one year | 42/48 | €501,501 | €482,066 | -€19,435 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €29,488 | €26,012 | -€3,476 | -11.8% |
| Trade debts | 44 | €21,211 | €4,620 | -€16,591 | -78.2% |
| Suppliers | 440/4 | €21,211 | €4,620 | -€16,591 | -78.2% |
| Taxes, remuneration and social security | 45 | €4,126 | - | -€4,126 | |
| Taxes | 450/3 | €4,126 | - | -€4,126 | |
| Other amounts payable | 47/48 | €446,676 | €451,434 | +€4,758 | +1.1% |
| Accrued charges and deferred income | 492/3 | €3,074 | - | -€3,074 | |
| Turnover | 70 | - | €412,926 | +€412,926 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €357,942 | +€357,942 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,469 | €50,089 | +€3,620 | +7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,359 | - | -€3,359 | |
| Other operating charges | 640/8 | €6,783 | €3,979 | -€2,804 | -41.3% |
| Gross operating margin | 9900 | €83,546 | €83,853 | +€307 | +0.4% |
| Operating profit (loss) | 9901 | €26,935 | €29,785 | +€2,850 | +10.6% |
| Financial income | 75/76B | €1,156 | €2,155 | +€999 | +86.5% |
| Recurring financial income | 75 | €1,156 | €2,155 | +€999 | +86.5% |
| Financial charges | 65/66B | €14,635 | €10,842 | -€3,792 | -25.9% |
| Recurring financial charges | 65 | €14,635 | €10,842 | -€3,792 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €13,456 | €21,098 | +€7,641 | +56.8% |
| Income taxes | 67/77 | €4,387 | €7,541 | +€3,154 | +71.9% |
| Profit (loss) for the period | 9904 | €9,069 | €13,557 | +€4,487 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,069 | €13,557 | +€4,487 | +49.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.