NoLam: 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.
NoLam
Largest movements
- Cash +€44,273
up €44,273 (+31.7%), from €139,530 to €183,803
mainly Net result for the year (+€104,123) and Depreciation (+€27,163)
- Receivables within one year +€35,034
up €35,034 (+91.8%), from €38,162 to €73,197
of which Trade receivables: +€31,481
- Tangible fixed assets -€22,889
down €22,889 (-37.7%), from €60,677 to €37,788
of which Plant, machinery and equipment: -€14,425
- Reserves +€104,123
up €104,123 (+46.9%), from €222,052 to €326,174
of which Distributable reserves: +€104,123
- Debts after one year -€42,959
down €42,959 (-8.5%), from €507,069 to €464,109
- Gross operating margin +€20,444
up €20,444 (+13.6%), from €149,922 to €170,365
- Taxes +€12,490
up €12,490 (+54.8%), from €22,805 to €35,295
- Financial charges -€9,706
down €9,706 (-64.0%), from €15,157 to €5,451
- Depreciation +€2,116
up €2,116 (+8.4%), from €25,047 to €27,163
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,111,020 | €1,162,916 | +€51,896 | +4.7% |
| Fixed assets | 21/28 | €928,258 | €904,449 | -€23,809 | -2.6% |
| Intangible fixed assets | 21 | €7,669 | €6,749 | -€920 | -12.0% |
| Tangible fixed assets | 22/27 | €60,677 | €37,788 | -€22,889 | -37.7% |
| Plant, machinery and equipment | 23 | €30,754 | €16,328 | -€14,425 | -46.9% |
| Furniture and vehicles | 24 | €5,061 | €4,449 | -€612 | -12.1% |
| Leasing and similar rights | 25 | €24,862 | €17,011 | -€7,851 | -31.6% |
| Financial fixed assets | 28 | €859,913 | €859,913 | = | 0.0% |
| Current assets | 29/58 | €182,761 | €258,466 | +€75,705 | +41.4% |
| Amounts receivable within one year | 40/41 | €38,162 | €73,197 | +€35,034 | +91.8% |
| Trade receivables | 40 | €11,113 | €42,595 | +€31,481 | +283.3% |
| Other amounts receivable | 41 | €27,049 | €30,602 | +€3,553 | +13.1% |
| Cash at bank and in hand | 54/58 | €139,530 | €183,803 | +€44,273 | +31.7% |
| Deferred charges and accrued income | 490/1 | €5,069 | €1,467 | -€3,602 | -71.1% |
| Total equity and liabilities | 10/49 | €1,111,020 | €1,162,916 | +€51,896 | +4.7% |
| Equity | 10/15 | €327,052 | €431,174 | +€104,123 | +31.8% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €222,052 | €326,174 | +€104,123 | +46.9% |
| Non-distributable reserves | 130/1 | €1,720 | €1,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,720 | €1,720 | = | 0.0% |
| Distributable reserves | 133 | €220,332 | €324,454 | +€104,123 | +47.3% |
| Amounts payable | 17/49 | €783,968 | €731,741 | -€52,227 | -6.7% |
| Amounts payable after more than one year | 17 | €507,069 | €464,109 | -€42,959 | -8.5% |
| Financial debts | 170/4 | €507,069 | €464,109 | -€42,959 | -8.5% |
| Amounts payable within one year | 42/48 | €249,538 | €240,657 | -€8,881 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €42,536 | €42,959 | +€423 | +1.0% |
| Trade debts | 44 | €3,797 | €868 | -€2,929 | -77.1% |
| Suppliers | 440/4 | €3,797 | €868 | -€2,929 | -77.1% |
| Taxes, remuneration and social security | 45 | €34,013 | €28,768 | -€5,246 | -15.4% |
| Taxes | 450/3 | €34,013 | €28,768 | -€5,246 | -15.4% |
| Other amounts payable | 47/48 | €169,191 | €168,062 | -€1,129 | -0.7% |
| Accrued charges and deferred income | 492/3 | €27,362 | €26,975 | -€386 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,047 | €27,163 | +€2,116 | +8.4% |
| Other operating charges | 640/8 | €2,079 | €649 | -€1,430 | -68.8% |
| Gross operating margin | 9900 | €149,922 | €170,365 | +€20,444 | +13.6% |
| Operating profit (loss) | 9901 | €122,795 | €142,553 | +€19,758 | +16.1% |
| Financial income | 75/76B | €691 | €2,316 | +€1,624 | +234.9% |
| Recurring financial income | 75 | €691 | €2,316 | +€1,624 | +234.9% |
| Financial charges | 65/66B | €15,157 | €5,451 | -€9,706 | -64.0% |
| Recurring financial charges | 65 | €15,157 | €5,451 | -€9,706 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €108,330 | €139,418 | +€31,088 | +28.7% |
| Income taxes | 67/77 | €22,805 | €35,295 | +€12,490 | +54.8% |
| Profit (loss) for the period | 9904 | €85,525 | €104,123 | +€18,598 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €85,525 | €104,123 | +€18,598 | +21.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.