NOLLET: 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.
NOLLET
Largest movements
- Tangible fixed assets -€36,702
down €36,702 (-5.3%), from €688,198 to €651,496
of which Land and buildings: -€36,815
- Profit (loss) carried forward -€52,965
down €52,965 (-41.0%), from -€129,134 to -€182,099
- Other debts +€19,399
up €19,399 (+8.3%), from €232,380 to €251,778
- Turnover -€64,887
no longer reported in 2025 (was €64,887)
- Purchases and services -€56,866
no longer reported in 2025 (was €56,866)
- Depreciation -€20,090
down €20,090 (-29.0%), from €69,304 to €49,214
- Financial income -€14,812
down €14,812 (-100.0%), from €14,813 to €1
- Gross operating margin -€7,161
down €7,161 (-41.5%), from €17,252 to €10,091
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 | €1,190,662 | €1,158,821 | -€31,841 | -2.7% |
| Fixed assets | 21/28 | €688,481 | €651,779 | -€36,702 | -5.3% |
| Tangible fixed assets | 22/27 | €688,198 | €651,496 | -€36,702 | -5.3% |
| Land and buildings | 22 | €686,445 | €649,630 | -€36,815 | -5.4% |
| Furniture and vehicles | 24 | €1,754 | €1,866 | +€113 | +6.4% |
| Financial fixed assets | 28 | €283 | €283 | = | 0.0% |
| Current assets | 29/58 | €502,181 | €507,042 | +€4,861 | +1.0% |
| Amounts receivable within one year | 40/41 | €474 | €2,076 | +€1,602 | +338.2% |
| Trade receivables | 40 | - | €1,602 | +€1,602 | |
| Other amounts receivable | 41 | €474 | €474 | = | 0.0% |
| Current investments | 50/53 | €495,368 | €495,368 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,174 | €7,249 | +€3,075 | +73.7% |
| Deferred charges and accrued income | 490/1 | €2,165 | €2,349 | +€184 | +8.5% |
| Total equity and liabilities | 10/49 | €1,190,662 | €1,158,821 | -€31,841 | -2.7% |
| Equity | 10/15 | €954,638 | €901,673 | -€52,965 | -5.5% |
| Contributions | 10/11 | €1,050,000 | €1,050,000 | = | 0.0% |
| Reserves | 13 | €33,772 | €33,772 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,913 | €31,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,134 | -€182,099 | -€52,965 | -41.0% |
| Amounts payable | 17/49 | €236,025 | €257,148 | +€21,124 | +8.9% |
| Amounts payable after more than one year | 17 | €2,230 | €2,230 | = | 0.0% |
| Other amounts payable | 178/9 | €2,230 | €2,230 | = | 0.0% |
| Amounts payable within one year | 42/48 | €232,380 | €253,470 | +€21,090 | +9.1% |
| Trade debts | 44 | - | €826 | +€826 | |
| Suppliers | 440/4 | - | €826 | +€826 | |
| Taxes, remuneration and social security | 45 | - | €866 | +€866 | |
| Taxes | 450/3 | - | €866 | +€866 | |
| Other amounts payable | 47/48 | €232,380 | €251,778 | +€19,399 | +8.3% |
| Accrued charges and deferred income | 492/3 | €1,415 | €1,448 | +€33 | +2.4% |
| Turnover | 70 | €64,887 | - | -€64,887 | |
| Goods, raw materials, services and sundry goods | 60/61 | €56,866 | - | -€56,866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,304 | €49,214 | -€20,090 | -29.0% |
| Other operating charges | 640/8 | €9,883 | €11,958 | +€2,075 | +21.0% |
| Gross operating margin | 9900 | €17,252 | €10,091 | -€7,161 | -41.5% |
| Operating profit (loss) | 9901 | -€61,935 | -€51,081 | +€10,854 | +17.5% |
| Financial income | 75/76B | €14,813 | €1 | -€14,812 | -100.0% |
| Recurring financial income | 75 | €14,813 | €1 | -€14,812 | -100.0% |
| Financial charges | 65/66B | €84 | €1,019 | +€936 | +1120.2% |
| Recurring financial charges | 65 | €84 | €1,019 | +€936 | +1120.2% |
| Profit (loss) for the period before taxes | 9903 | -€47,205 | -€52,099 | -€4,894 | -10.4% |
| Income taxes | 67/77 | €780 | €866 | +€85 | +10.9% |
| Profit (loss) for the period | 9904 | -€47,985 | -€52,965 | -€4,980 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,985 | -€52,965 | -€4,980 | -10.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.