NOLI: 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.
NOLI
Largest movements
- Cash -€52,524
no longer reported in 2023 (was €52,524)
mainly Investment in fixed assets (net) (-€68,045) and Debts after one year (-€39,799)
- Tangible fixed assets +€34,632
up €34,632 (+5.9%), from €591,662 to €626,294
of which Land and buildings: +€32,331
- Debts after one year -€39,799
down €39,799 (-8.1%), from €489,839 to €450,040
- Profit (loss) carried forward +€14,060
up €14,060, from -€7,051 to €7,010
- Other debts +€8,000
up €8,000 (+6.7%), from €118,545 to €126,545
- Gross operating margin -€16,154
down €16,154 (-22.0%), from €73,528 to €57,375
- Turnover -€8,683
down €8,683 (-7.3%), from €119,393 to €110,709
- Purchases and services +€7,384
up €7,384 (+16.1%), from €45,951 to €53,334
- Depreciation +€6,125
up €6,125 (+22.4%), from €27,288 to €33,414
- Financial charges -€1,862
down €1,862 (-22.1%), from €8,440 to €6,578
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €647,660 | €628,055 | -€19,605 | -3.0% |
| Fixed assets | 21/28 | €591,662 | €626,294 | +€34,632 | +5.9% |
| Tangible fixed assets | 22/27 | €591,662 | €626,294 | +€34,632 | +5.9% |
| Land and buildings | 22 | €587,069 | €619,399 | +€32,331 | +5.5% |
| Furniture and vehicles | 24 | €4,593 | €6,894 | +€2,301 | +50.1% |
| Current assets | 29/58 | €55,998 | €1,761 | -€54,237 | -96.9% |
| Amounts receivable within one year | 40/41 | €1,761 | €1,761 | = | 0.0% |
| Trade receivables | 40 | €1,761 | €1,761 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52,524 | - | -€52,524 | |
| Deferred charges and accrued income | 490/1 | €1,713 | - | -€1,713 | |
| Total equity and liabilities | 10/49 | €647,660 | €628,055 | -€19,605 | -3.0% |
| Equity | 10/15 | -€5,051 | €9,010 | +€14,060 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,051 | €7,010 | +€14,060 | |
| Amounts payable | 17/49 | €652,711 | €619,045 | -€33,666 | -5.2% |
| Amounts payable after more than one year | 17 | €489,839 | €450,040 | -€39,799 | -8.1% |
| Financial debts | 170/4 | €489,839 | €450,040 | -€39,799 | -8.1% |
| Amounts payable within one year | 42/48 | €162,871 | €169,005 | +€6,133 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €44,237 | €42,371 | -€1,867 | -4.2% |
| Trade debts | 44 | €90 | €90 | = | 0.0% |
| Suppliers | 440/4 | €90 | €90 | = | 0.0% |
| Other amounts payable | 47/48 | €118,545 | €126,545 | +€8,000 | +6.7% |
| Turnover | 70 | €119,393 | €110,709 | -€8,683 | -7.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,951 | €53,334 | +€7,384 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,288 | €33,414 | +€6,125 | +22.4% |
| Other operating charges | 640/8 | €1,751 | €3,323 | +€1,571 | +89.7% |
| Gross operating margin | 9900 | €73,528 | €57,375 | -€16,154 | -22.0% |
| Operating profit (loss) | 9901 | €44,489 | €20,638 | -€23,850 | -53.6% |
| Financial charges | 65/66B | €8,440 | €6,578 | -€1,862 | -22.1% |
| Recurring financial charges | 65 | €8,440 | €6,578 | -€1,862 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €36,049 | €14,060 | -€21,989 | -61.0% |
| Profit (loss) for the period | 9904 | €36,049 | €14,060 | -€21,989 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,049 | €14,060 | -€21,989 | -61.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.