NOLA Trans: 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 Trans
Largest movements
- Tangible fixed assets +€51,856
up €51,856 (+66.0%), from €78,627 to €130,483
of which Leasing and similar rights: +€66,142
- Receivables within one year -€21,216
down €21,216 (-76.3%), from €27,802 to €6,587
of which Trade receivables: -€12,266
- Receivables after one year -€13,500
down €13,500 (-100%), from €13,500 to €0
- Cash +€12,469
up €12,469 (+208%), from €6,002 to €18,471
mainly Receivables within one year (+€21,216) and Depreciation (+€20,172)
- Debts after one year +€19,015
up €19,015 (+23.3%), from €81,647 to €100,663
of which Financial debts: +€35,015
- Current portion of long-term debt +€13,299
up €13,299 (+89.5%), from €14,853 to €28,151
- Trade debts -€10,005
down €10,005 (-68.0%), from €14,720 to €4,715
- Reserves +€4,711
up €4,711 (+42.5%), from €11,073 to €15,783
- Other debts +€3,361
new in 2025: €3,361
- Gross operating margin +€21,577
up €21,577 (+124%), from €17,382 to €38,959
- Depreciation +€18,300
up €18,300 (+977%), from €1,873 to €20,172
- Financial charges +€4,275
up €4,275 (+95,862%), from €4 to €4,280
- Taxes -€1,756
down €1,756 (-63.4%), from €2,768 to €1,013
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 | €135,073 | €166,041 | +€30,967 | +22.9% |
| Fixed assets | 21/28 | €87,627 | €140,983 | +€53,356 | +60.9% |
| Tangible fixed assets | 22/27 | €78,627 | €130,483 | +€51,856 | +66.0% |
| Furniture and vehicles | 24 | €78,627 | €64,341 | -€14,286 | -18.2% |
| Leasing and similar rights | 25 | - | €66,142 | +€66,142 | |
| Financial fixed assets | 28 | €9,000 | €10,500 | +€1,500 | +16.7% |
| Current assets | 29/58 | €47,446 | €25,057 | -€22,389 | -47.2% |
| Amounts receivable after more than one year | 29 | €13,500 | €0 | -€13,500 | -100% |
| Other amounts receivable | 291 | €13,500 | €0 | -€13,500 | -100% |
| Amounts receivable within one year | 40/41 | €27,802 | €6,587 | -€21,216 | -76.3% |
| Trade receivables | 40 | €13,506 | €1,240 | -€12,266 | -90.8% |
| Other amounts receivable | 41 | €14,296 | €5,347 | -€8,950 | -62.6% |
| Cash at bank and in hand | 54/58 | €6,002 | €18,471 | +€12,469 | +208% |
| Deferred charges and accrued income | 490/1 | €142 | €0 | -€142 | -100% |
| Total equity and liabilities | 10/49 | €135,073 | €166,041 | +€30,967 | +22.9% |
| Equity | 10/15 | €21,073 | €25,783 | +€4,711 | +22.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €11,073 | €15,783 | +€4,711 | +42.5% |
| Distributable reserves | 133 | €11,073 | €15,783 | +€4,711 | +42.5% |
| Amounts payable | 17/49 | €114,001 | €140,257 | +€26,257 | +23.0% |
| Amounts payable after more than one year | 17 | €81,647 | €100,663 | +€19,015 | +23.3% |
| Financial debts | 170/4 | €65,647 | €100,663 | +€35,015 | +53.3% |
| Other amounts payable | 178/9 | €16,000 | €0 | -€16,000 | -100% |
| Amounts payable within one year | 42/48 | €32,353 | €39,595 | +€7,241 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €14,853 | €28,151 | +€13,299 | +89.5% |
| Financial debts | 43 | €10 | €555 | +€545 | +5,510% |
| Credit institutions | 430/8 | €10 | €555 | +€545 | +5,510% |
| Trade debts | 44 | €14,720 | €4,715 | -€10,005 | -68.0% |
| Suppliers | 440/4 | €14,720 | €4,715 | -€10,005 | -68.0% |
| Taxes, remuneration and social security | 45 | €2,771 | €2,813 | +€42 | +1.5% |
| Taxes | 450/3 | €2,771 | €1,013 | -€1,758 | -63.5% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | - | €3,361 | +€3,361 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,873 | €20,172 | +€18,300 | +977% |
| Other operating charges | 640/8 | €1,664 | €1,470 | -€194 | -11.7% |
| Non-recurring operating charges | 66A | - | €7,314 | +€7,314 | |
| Gross operating margin | 9900 | €17,382 | €38,959 | +€21,577 | +124% |
| Operating profit (loss) | 9901 | €13,845 | €10,002 | -€3,843 | -27.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4 | €4,280 | +€4,275 | +95,862% |
| Recurring financial charges | 65 | €4 | €4,280 | +€4,275 | +95,862% |
| Profit (loss) for the period before taxes | 9903 | €13,841 | €5,723 | -€8,118 | -58.6% |
| Income taxes | 67/77 | €2,768 | €1,013 | -€1,756 | -63.4% |
| Profit (loss) for the period | 9904 | €11,073 | €4,711 | -€6,362 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,073 | €4,711 | -€6,362 | -57.5% |
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 28 October 2026 via checked.be.