NOLVER: 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.
NOLVER
Largest movements
- Cash +€18,724
up €18,724 (+22.6%), from €82,857 to €101,581
mainly Deferred charges and accrued income (+€11,013) and Net result for the year (+€10,501)
- Deferred charges and accrued income -€11,013
down €11,013 (-100.0%), from €11,013 to €0
- Receivables within one year +€2,790
up €2,790 (+69.6%), from €4,007 to €6,797
- Profit (loss) carried forward +€10,501
up €10,501 (+21.8%), from -€48,152 to -€37,650
- Gross operating margin +€3,173
up €3,173 (+40.1%), from €7,914 to €11,087
- Financial income -€165
down €165 (-100.0%), from €165 to €0
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 | €236,848 | €247,350 | +€10,501 | +4.4% |
| Fixed assets | 21/28 | €138,972 | €138,972 | = | 0.0% |
| Tangible fixed assets | 22/27 | €138,972 | €138,972 | = | 0.0% |
| Land and buildings | 22 | €138,972 | €138,972 | = | 0.0% |
| Current assets | 29/58 | €97,877 | €108,378 | +€10,501 | +10.7% |
| Amounts receivable within one year | 40/41 | €4,007 | €6,797 | +€2,790 | +69.6% |
| Other amounts receivable | 41 | €4,007 | €6,797 | +€2,790 | +69.6% |
| Cash at bank and in hand | 54/58 | €82,857 | €101,581 | +€18,724 | +22.6% |
| Deferred charges and accrued income | 490/1 | €11,013 | €0 | -€11,013 | -100.0% |
| Total equity and liabilities | 10/49 | €236,848 | €247,350 | +€10,501 | +4.4% |
| Equity | 10/15 | €236,848 | €247,350 | +€10,501 | +4.4% |
| Contributions | 10/11 | €285,000 | €285,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,152 | -€37,650 | +€10,501 | +21.8% |
| Other operating charges | 640/8 | €532 | €539 | +€7 | +1.4% |
| Gross operating margin | 9900 | €7,914 | €11,087 | +€3,173 | +40.1% |
| Operating profit (loss) | 9901 | €7,382 | €10,548 | +€3,166 | +42.9% |
| Financial income | 75/76B | €165 | €0 | -€165 | -100.0% |
| Recurring financial income | 75 | €165 | €0 | -€165 | -100.0% |
| Financial charges | 65/66B | €49 | €47 | -€1 | -2.9% |
| Recurring financial charges | 65 | €49 | €47 | -€1 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €7,499 | €10,501 | +€3,003 | +40.0% |
| Profit (loss) for the period | 9904 | €7,499 | €10,501 | +€3,003 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,499 | €10,501 | +€3,003 | +40.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.