NOLIWO: 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.
NOLIWO
Largest movements
- Tangible fixed assets -€25,675
down €25,675 (-12.5%), from €204,657 to €178,981
- Cash +€6,918
up €6,918 (+293.5%), from €2,357 to €9,275
mainly Depreciation (+€25,675) and Trade debts (+€54)
- Profit (loss) carried forward -€14,618
down €14,618 (-6.0%), from -€242,814 to -€257,432
- Current portion of long-term debt -€4,193
no longer reported in 2025 (was €4,193)
- Gross operating margin +€2,125
up €2,125 (+14.2%), from €14,946 to €17,071
- Other operating charges +€534
up €534 (+10.0%), from €5,358 to €5,892
- Financial charges -€324
down €324 (-72.7%), from €446 to €122
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 | €208,012 | €189,255 | -€18,758 | -9.0% |
| Fixed assets | 21/28 | €204,657 | €178,981 | -€25,675 | -12.5% |
| Tangible fixed assets | 22/27 | €204,657 | €178,981 | -€25,675 | -12.5% |
| Land and buildings | 22 | €204,657 | €178,981 | -€25,675 | -12.5% |
| Current assets | 29/58 | €3,356 | €10,274 | +€6,918 | +206.1% |
| Amounts receivable within one year | 40/41 | €999 | €999 | = | 0.0% |
| Other amounts receivable | 41 | €999 | €999 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,357 | €9,275 | +€6,918 | +293.5% |
| Total equity and liabilities | 10/49 | €208,012 | €189,255 | -€18,758 | -9.0% |
| Equity | 10/15 | -€222,814 | -€237,432 | -€14,618 | -6.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,814 | -€257,432 | -€14,618 | -6.0% |
| Amounts payable | 17/49 | €430,826 | €426,687 | -€4,139 | -1.0% |
| Amounts payable after more than one year | 17 | €426,633 | €426,633 | = | 0.0% |
| Financial debts | 170/4 | €426,633 | €426,633 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,193 | €54 | -€4,139 | -98.7% |
| Current portion of amounts payable after more than one year | 42 | €4,193 | - | -€4,193 | |
| Trade debts | 44 | - | €54 | +€54 | |
| Suppliers | 440/4 | - | €54 | +€54 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,675 | €25,675 | = | 0.0% |
| Other operating charges | 640/8 | €5,358 | €5,892 | +€534 | +10.0% |
| Gross operating margin | 9900 | €14,946 | €17,071 | +€2,125 | +14.2% |
| Operating profit (loss) | 9901 | -€16,088 | -€14,497 | +€1,591 | +9.9% |
| Financial charges | 65/66B | €446 | €122 | -€324 | -72.7% |
| Recurring financial charges | 65 | €446 | €122 | -€324 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,533 | -€14,618 | +€1,915 | +11.6% |
| Profit (loss) for the period | 9904 | -€16,533 | -€14,618 | +€1,915 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,533 | -€14,618 | +€1,915 | +11.6% |
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 30 September 2026 via checked.be.