NOMA MANAGEMENT: what changed
NOMA MANAGEMENT
Largest movements
- Cash +€33,904
up €33,904 (+106%), from €32,019 to €65,923
mainly Other debts (+€48,641) and Net result for the year (+€23,244)
- Receivables within one year -€1,782
down €1,782 (-12.3%), from €14,502 to €12,720
of which Trade receivables: -€1,782
- Other debts +€48,641
up €48,641 (+662%), from €7,347 to €55,988
- Reserves -€33,954
down €33,954 (-100%), from €33,954 to €0
of which Distributable reserves: -€33,954
- Tax, wage and social debts +€10,129
up €10,129 (+215%), from €4,721 to €14,850
- Accrued charges and deferred income +€5,399
up €5,399, from €0 to €5,399
- Trade debts +€1,432
up €1,432 (+307%), from €467 to €1,899
- Gross operating margin -€16,908
down €16,908 (-34.6%), from €48,837 to €31,929
- Taxes -€2,354
down €2,354 (-26.5%), from €8,883 to €6,529
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,089 | €96,736 | +€31,647 | +48.6% |
| Fixed assets | 21/28 | €18,568 | €17,972 | -€596 | -3.2% |
| Tangible fixed assets | 22/27 | €2,968 | €2,372 | -€596 | -20.1% |
| Furniture and vehicles | 24 | €2,968 | €2,372 | -€596 | -20.1% |
| Financial fixed assets | 28 | €15,600 | €15,600 | = | 0.0% |
| Current assets | 29/58 | €46,521 | €78,764 | +€32,243 | +69.3% |
| Amounts receivable within one year | 40/41 | €14,502 | €12,720 | -€1,782 | -12.3% |
| Trade receivables | 40 | €14,502 | €12,720 | -€1,782 | -12.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €32,019 | €65,923 | +€33,904 | +106% |
| Deferred charges and accrued income | 490/1 | €0 | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €65,089 | €96,736 | +€31,647 | +48.6% |
| Equity | 10/15 | €52,554 | €18,600 | -€33,954 | -64.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,954 | €0 | -€33,954 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €33,954 | €0 | -€33,954 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,535 | €78,136 | +€65,601 | +523% |
| Amounts payable within one year | 42/48 | €12,535 | €72,737 | +€60,202 | +480% |
| Trade debts | 44 | €467 | €1,899 | +€1,432 | +307% |
| Suppliers | 440/4 | €467 | €1,899 | +€1,432 | +307% |
| Taxes, remuneration and social security | 45 | €4,721 | €14,850 | +€10,129 | +215% |
| Taxes | 450/3 | €4,721 | €14,850 | +€10,129 | +215% |
| Other amounts payable | 47/48 | €7,347 | €55,988 | +€48,641 | +662% |
| Accrued charges and deferred income | 492/3 | €0 | €5,399 | +€5,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €596 | +€385 | +183% |
| Other operating charges | 640/8 | €599 | €1,005 | +€406 | +67.7% |
| Gross operating margin | 9900 | €48,837 | €31,929 | -€16,908 | -34.6% |
| Operating profit (loss) | 9901 | €48,028 | €30,329 | -€17,699 | -36.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €247 | €555 | +€308 | +125% |
| Recurring financial charges | 65 | €247 | €555 | +€308 | +125% |
| Profit (loss) for the period before taxes | 9903 | €47,781 | €29,774 | -€18,007 | -37.7% |
| Income taxes | 67/77 | €8,883 | €6,529 | -€2,354 | -26.5% |
| Profit (loss) for the period | 9904 | €38,898 | €23,244 | -€15,654 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,898 | €23,244 | -€15,654 | -40.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.