NOLA MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash +€55,113
up €55,113 (+295%), from €18,697 to €73,810
mainly Net result for the year (+€81,424) and Tax, wage and social debts (+€46,603)
- Tangible fixed assets +€23,123
up €23,123 (+45.6%), from €50,706 to €73,829
of which Furniture and vehicles: +€23,727
- Receivables within one year +€14,228
up €14,228 (+1,186%), from €1,199 to €15,428
- Profit (loss) carried forward +€52,824
up €52,824 (+2,634%), from €2,005 to €54,829
- Debts after one year -€46,825
down €46,825 (-17.4%), from €269,531 to €222,706
of which Financial debts: -€36,084
- Tax, wage and social debts +€46,603
up €46,603 (+425%), from €10,965 to €57,568
- Other debts +€30,883
up €30,883 (+731%), from €4,223 to €35,106
- Trade debts +€7,009
up €7,009 (+12,469%), from €56 to €7,065
- Gross operating margin +€103,046
up €103,046 (+1,004%), from €10,264 to €113,310
- Taxes +€21,671
up €21,671 (+1,763%), from €1,229 to €22,901
- Financial income +€20,645
up €20,645 (+5,289%), from €390 to €21,035
- Depreciation +€11,548
up €11,548 (+894%), from €1,292 to €12,840
- Financial charges +€7,136
up €7,136 (+117%), from €6,101 to €13,237
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 | €421,882 | €515,409 | +€93,527 | +22.2% |
| Fixed assets | 21/28 | €400,706 | €423,829 | +€23,123 | +5.8% |
| Tangible fixed assets | 22/27 | €50,706 | €73,829 | +€23,123 | +45.6% |
| Plant, machinery and equipment | 23 | €6,033 | €5,430 | -€604 | -10.0% |
| Furniture and vehicles | 24 | €44,673 | €68,399 | +€23,727 | +53.1% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €21,176 | €91,580 | +€70,404 | +332% |
| Amounts receivable within one year | 40/41 | €1,199 | €15,428 | +€14,228 | +1,186% |
| Trade receivables | 40 | €1,199 | €15,428 | +€14,228 | +1,186% |
| Cash at bank and in hand | 54/58 | €18,697 | €73,810 | +€55,113 | +295% |
| Deferred charges and accrued income | 490/1 | €1,279 | €2,342 | +€1,063 | +83.1% |
| Total equity and liabilities | 10/49 | €421,882 | €515,409 | +€93,527 | +22.2% |
| Equity | 10/15 | €102,005 | €154,829 | +€52,824 | +51.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,005 | €54,829 | +€52,824 | +2,634% |
| Amounts payable | 17/49 | €319,877 | €360,580 | +€40,703 | +12.7% |
| Amounts payable after more than one year | 17 | €269,531 | €222,706 | -€46,825 | -17.4% |
| Financial debts | 170/4 | €250,531 | €214,447 | -€36,084 | -14.4% |
| Other amounts payable | 178/9 | €19,000 | €8,259 | -€10,741 | -56.5% |
| Amounts payable within one year | 42/48 | €49,748 | €135,823 | +€86,076 | +173% |
| Current portion of amounts payable after more than one year | 42 | €34,504 | €36,084 | +€1,580 | +4.6% |
| Trade debts | 44 | €56 | €7,065 | +€7,009 | +12,469% |
| Suppliers | 440/4 | €56 | €7,065 | +€7,009 | +12,469% |
| Taxes, remuneration and social security | 45 | €10,965 | €57,568 | +€46,603 | +425% |
| Taxes | 450/3 | €10,965 | €57,568 | +€46,603 | +425% |
| Other amounts payable | 47/48 | €4,223 | €35,106 | +€30,883 | +731% |
| Accrued charges and deferred income | 492/3 | €598 | €2,050 | +€1,452 | +243% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €12,840 | +€11,548 | +894% |
| Other operating charges | 640/8 | €27 | €3,808 | +€3,782 | +14,217% |
| Non-recurring operating charges | 66A | - | €135 | +€135 | |
| Gross operating margin | 9900 | €10,264 | €113,310 | +€103,046 | +1,004% |
| Operating profit (loss) | 9901 | €8,945 | €96,527 | +€87,581 | +979% |
| Financial income | 75/76B | €390 | €21,035 | +€20,645 | +5,289% |
| Recurring financial income | 75 | €390 | €21,035 | +€20,645 | +5,289% |
| Financial charges | 65/66B | €6,101 | €13,237 | +€7,136 | +117% |
| Recurring financial charges | 65 | €6,101 | €13,237 | +€7,136 | +117% |
| Profit (loss) for the period before taxes | 9903 | €3,235 | €104,325 | +€101,090 | +3,125% |
| Income taxes | 67/77 | €1,229 | €22,901 | +€21,671 | +1,763% |
| Profit (loss) for the period | 9904 | €2,005 | €81,424 | +€79,419 | +3,961% |
| Profit (loss) for the period to be appropriated | 9905 | €2,005 | €81,424 | +€79,419 | +3,961% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.