NOLICIS ENTERPRISE: 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.
NOLICIS ENTERPRISE
Largest movements
- Current investments +€85,016
up €85,016 (+58.1%), from €146,359 to €231,375
- Cash -€28,079
down €28,079 (-87.8%), from €31,970 to €3,891
mainly Current investments (-€85,016) and Contributions, distributions and other (-€8,403)
- Tangible fixed assets -€3,645
down €3,645 (-49.1%), from €7,426 to €3,781
of which Plant, machinery and equipment: -€3,618
- Reserves +€54,482
up €54,482 (+39.5%), from €137,869 to €192,351
- Other debts +€7,094
up €7,094 (+148%), from €4,793 to €11,886
- Tax, wage and social debts -€5,019
down €5,019 (-20.5%), from €24,496 to €19,477
of which Taxes: -€4,901
- Trade debts -€3,499
down €3,499 (-53.8%), from €6,509 to €3,010
- Gross operating margin +€31,380
up €31,380 (+25.5%), from €122,968 to €154,348
- Staff costs +€10,810
up €10,810 (+23.3%), from €46,365 to €57,174
- Taxes +€8,826
up €8,826 (+40.4%), from €21,863 to €30,690
- Depreciation +€1,711
up €1,711 (+88.5%), from €1,934 to €3,645
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 | €188,302 | €241,360 | +€53,058 | +28.2% |
| Fixed assets | 21/28 | €7,476 | €3,831 | -€3,645 | -48.8% |
| Tangible fixed assets | 22/27 | €7,426 | €3,781 | -€3,645 | -49.1% |
| Plant, machinery and equipment | 23 | €7,374 | €3,755 | -€3,618 | -49.1% |
| Furniture and vehicles | 24 | €52 | €26 | -€26 | -50.3% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €180,826 | €237,529 | +€56,703 | +31.4% |
| Amounts receivable within one year | 40/41 | €2,498 | €2,263 | -€235 | -9.4% |
| Trade receivables | 40 | €2,498 | €2,178 | -€320 | -12.8% |
| Other amounts receivable | 41 | - | €85 | +€85 | |
| Current investments | 50/53 | €146,359 | €231,375 | +€85,016 | +58.1% |
| Cash at bank and in hand | 54/58 | €31,970 | €3,891 | -€28,079 | -87.8% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €188,302 | €241,360 | +€53,058 | +28.2% |
| Equity | 10/15 | €152,505 | €206,987 | +€54,482 | +35.7% |
| Reserves | 13 | €137,869 | €192,351 | +€54,482 | +39.5% |
| Distributable reserves | 133 | €137,869 | €192,351 | +€54,482 | +39.5% |
| Profit (loss) carried forward | 14 | €14,636 | €14,636 | = | 0.0% |
| Amounts payable | 17/49 | €35,797 | €34,374 | -€1,424 | -4.0% |
| Amounts payable within one year | 42/48 | €35,797 | €34,374 | -€1,424 | -4.0% |
| Trade debts | 44 | €6,509 | €3,010 | -€3,499 | -53.8% |
| Suppliers | 440/4 | €6,509 | €3,010 | -€3,499 | -53.8% |
| Taxes, remuneration and social security | 45 | €24,496 | €19,477 | -€5,019 | -20.5% |
| Taxes | 450/3 | €18,354 | €13,453 | -€4,901 | -26.7% |
| Remuneration and social security | 454/9 | €6,141 | €6,024 | -€118 | -1.9% |
| Other amounts payable | 47/48 | €4,793 | €11,886 | +€7,094 | +148% |
| Non-recurring operating income | 76A | - | €524 | +€524 | |
| Remuneration, social security and pensions | 62 | €46,365 | €57,174 | +€10,810 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,934 | €3,645 | +€1,711 | +88.5% |
| Other operating charges | 640/8 | €547 | €499 | -€48 | -8.8% |
| Gross operating margin | 9900 | €122,968 | €154,348 | +€31,380 | +25.5% |
| Operating profit (loss) | 9901 | €74,122 | €93,030 | +€18,908 | +25.5% |
| Financial income | 75/76B | €684 | €738 | +€55 | +8.0% |
| Recurring financial income | 75 | €684 | €738 | +€55 | +8.0% |
| Financial charges | 65/66B | €166 | €194 | +€28 | +16.7% |
| Recurring financial charges | 65 | €166 | €194 | +€28 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €74,640 | €93,574 | +€18,934 | +25.4% |
| Income taxes | 67/77 | €21,863 | €30,690 | +€8,826 | +40.4% |
| Profit (loss) for the period | 9904 | €52,777 | €62,885 | +€10,108 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,777 | €62,885 | +€10,108 | +19.2% |
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 23 October 2026 via checked.be.