NOLEDA: what changed
Two fiscal 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.
NOLEDA
Largest movements
- Receivables within one year +€17,217
up €17,217 (+230.3%), from €7,476 to €24,693
of which Trade receivables: +€18,570
- Cash -€12,476
down €12,476 (-44.6%), from €28,003 to €15,527
mainly Receivables within one year (-€17,217) and Debts after one year (-€6,000)
- Intangible fixed assets -€3,159
down €3,159 (-50.1%), from €6,309 to €3,150
- Tax, wage and social debts +€7,797
up €7,797 (+123.0%), from €6,338 to €14,135
of which Taxes: +€7,187
- Debts after one year -€6,000
down €6,000 (-100.0%), from €6,000 to €0
- Trade debts -€4,591
down €4,591 (-65.5%), from €7,010 to €2,418
- Profit (loss) carried forward +€2,952
up €2,952, from -€1,897 to €1,056
- Other debts +€1,423
up €1,423 (+232.8%), from €611 to €2,035
- Gross operating margin -€12,240
down €12,240 (-51.3%), from €23,840 to €11,600
- Depreciation -€1,137
down €1,137 (-17.0%), from €6,675 to €5,538
- Taxes -€707
down €707 (-29.3%), from €2,413 to €1,706
- Other operating charges +€254
up €254 (+31.0%), from €819 to €1,073
- Financial charges -€246
down €246 (-42.4%), from €580 to €334
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 | €67,922 | €69,503 | +€1,581 | +2.3% |
| Fixed assets | 21/28 | €32,442 | €29,283 | -€3,160 | -9.7% |
| Intangible fixed assets | 21 | €6,309 | €3,150 | -€3,159 | -50.1% |
| Tangible fixed assets | 22/27 | €3,419 | €3,418 | -€1 | 0.0% |
| Land and buildings | 22 | €1,424 | €126 | -€1,298 | -91.1% |
| Plant, machinery and equipment | 23 | €938 | €1,080 | +€142 | +15.2% |
| Furniture and vehicles | 24 | €1,057 | €2,212 | +€1,155 | +109.3% |
| Financial fixed assets | 28 | €22,714 | €22,714 | = | 0.0% |
| Current assets | 29/58 | €35,480 | €40,221 | +€4,741 | +13.4% |
| Amounts receivable within one year | 40/41 | €7,476 | €24,693 | +€17,217 | +230.3% |
| Trade receivables | 40 | €4,829 | €23,399 | +€18,570 | +384.5% |
| Other amounts receivable | 41 | €2,647 | €1,294 | -€1,353 | -51.1% |
| Cash at bank and in hand | 54/58 | €28,003 | €15,527 | -€12,476 | -44.6% |
| Total equity and liabilities | 10/49 | €67,922 | €69,503 | +€1,581 | +2.3% |
| Equity | 10/15 | €47,963 | €50,916 | +€2,952 | +6.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,860 | €46,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €46,860 | €46,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,897 | €1,056 | +€2,952 | |
| Amounts payable | 17/49 | €19,959 | €18,588 | -€1,371 | -6.9% |
| Amounts payable after more than one year | 17 | €6,000 | €0 | -€6,000 | -100.0% |
| Financial debts | 170/4 | €6,000 | €0 | -€6,000 | -100.0% |
| Amounts payable within one year | 42/48 | €13,959 | €18,588 | +€4,629 | +33.2% |
| Trade debts | 44 | €7,010 | €2,418 | -€4,591 | -65.5% |
| Suppliers | 440/4 | €7,010 | €2,418 | -€4,591 | -65.5% |
| Taxes, remuneration and social security | 45 | €6,338 | €14,135 | +€7,797 | +123.0% |
| Taxes | 450/3 | €3,875 | €11,061 | +€7,187 | +185.5% |
| Remuneration and social security | 454/9 | €2,463 | €3,074 | +€611 | +24.8% |
| Other amounts payable | 47/48 | €611 | €2,035 | +€1,423 | +232.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,675 | €5,538 | -€1,137 | -17.0% |
| Other operating charges | 640/8 | €819 | €1,073 | +€254 | +31.0% |
| Gross operating margin | 9900 | €23,840 | €11,600 | -€12,240 | -51.3% |
| Operating profit (loss) | 9901 | €16,347 | €4,990 | -€11,357 | -69.5% |
| Financial income | 75/76B | €1 | €3 | +€2 | +160.0% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +160.0% |
| Financial charges | 65/66B | €580 | €334 | -€246 | -42.4% |
| Recurring financial charges | 65 | €580 | €334 | -€246 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €15,768 | €4,658 | -€11,110 | -70.5% |
| Income taxes | 67/77 | €2,413 | €1,706 | -€707 | -29.3% |
| Profit (loss) for the period | 9904 | €13,355 | €2,952 | -€10,403 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,355 | €2,952 | -€10,403 | -77.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.