NOLY: 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.
NOLY
Largest movements
- Cash +€52,509
up €52,509 (+944%), from €5,562 to €58,072
mainly Net result for the year (+€77,031) and Tax, wage and social debts (+€11,588)
- Receivables within one year +€24,309
up €24,309 (+124%), from €19,530 to €43,839
of which Trade receivables: +€16,203
- Receivables after one year +€8,142
up €8,142 (+6.8%), from €120,075 to €128,217
- Tangible fixed assets +€5,224
up €5,224 (+837%), from €624 to €5,848
of which Furniture and vehicles: +€3,244
- Reserves +€76,900
up €76,900 (+59.4%), from €129,460 to €206,360
of which Distributable reserves: +€76,900
- Tax, wage and social debts +€11,588
up €11,588 (+524%), from €2,213 to €13,801
- Other debts +€2,428
up €2,428 (+343%), from €708 to €3,136
- Gross operating margin +€96,764
up €96,764 (+945%), from €10,237 to €107,001
- Taxes +€28,059
up €28,059 (+1,268%), from €2,213 to €30,272
- Other operating charges -€1,713
down €1,713 (-61.4%), from €2,791 to €1,078
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 | €146,919 | €237,375 | +€90,455 | +61.6% |
| Fixed assets | 21/28 | €624 | €5,848 | +€5,224 | +837% |
| Tangible fixed assets | 22/27 | €624 | €5,848 | +€5,224 | +837% |
| Furniture and vehicles | 24 | €624 | €3,868 | +€3,244 | +520% |
| Other tangible fixed assets | 26 | - | €1,980 | +€1,980 | |
| Current assets | 29/58 | €146,295 | €231,526 | +€85,231 | +58.3% |
| Amounts receivable after more than one year | 29 | €120,075 | €128,217 | +€8,142 | +6.8% |
| Other amounts receivable | 291 | €120,075 | €128,217 | +€8,142 | +6.8% |
| Amounts receivable within one year | 40/41 | €19,530 | €43,839 | +€24,309 | +124% |
| Trade receivables | 40 | €17,800 | €34,003 | +€16,203 | +91.0% |
| Other amounts receivable | 41 | €1,730 | €9,836 | +€8,106 | +469% |
| Cash at bank and in hand | 54/58 | €5,562 | €58,072 | +€52,509 | +944% |
| Deferred charges and accrued income | 490/1 | €1,128 | €1,399 | +€271 | +24.0% |
| Total equity and liabilities | 10/49 | €146,919 | €237,375 | +€90,455 | +61.6% |
| Equity | 10/15 | €142,339 | €219,370 | +€77,031 | +54.1% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €129,460 | €206,360 | +€76,900 | +59.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €127,600 | €204,500 | +€76,900 | +60.3% |
| Profit (loss) carried forward | 14 | €679 | €810 | +€131 | +19.4% |
| Amounts payable | 17/49 | €4,580 | €18,004 | +€13,424 | +293% |
| Amounts payable within one year | 42/48 | €4,452 | €17,992 | +€13,541 | +304% |
| Trade debts | 44 | €1,532 | €1,056 | -€476 | -31.1% |
| Suppliers | 440/4 | €1,532 | €1,056 | -€476 | -31.1% |
| Taxes, remuneration and social security | 45 | €2,213 | €13,801 | +€11,588 | +524% |
| Taxes | 450/3 | €2,213 | €13,801 | +€11,588 | +524% |
| Other amounts payable | 47/48 | €708 | €3,136 | +€2,428 | +343% |
| Accrued charges and deferred income | 492/3 | €129 | €12 | -€117 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | €777 | -€243 | -23.8% |
| Other operating charges | 640/8 | €2,791 | €1,078 | -€1,713 | -61.4% |
| Gross operating margin | 9900 | €10,237 | €107,001 | +€96,764 | +945% |
| Operating profit (loss) | 9901 | €6,426 | €105,146 | +€98,720 | +1,536% |
| Financial income | 75/76B | €2,125 | €2,324 | +€198 | +9.3% |
| Recurring financial income | 75 | €2,125 | €2,324 | +€198 | +9.3% |
| Financial charges | 65/66B | €193 | €166 | -€27 | -14.1% |
| Recurring financial charges | 65 | €193 | €166 | -€27 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €8,358 | €107,303 | +€98,945 | +1,184% |
| Income taxes | 67/77 | €2,213 | €30,272 | +€28,059 | +1,268% |
| Profit (loss) for the period | 9904 | €6,145 | €77,031 | +€70,886 | +1,153% |
| Profit (loss) for the period to be appropriated | 9905 | €6,145 | €77,031 | +€70,886 | +1,153% |
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 18 October 2026 via checked.be.