NoMath Solutions: 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.
NoMath Solutions
Largest movements
- Receivables within one year -€69,342
down €69,342 (-62.3%), from €111,286 to €41,943
of which Trade receivables: -€96,914
- Cash +€54,264
up €54,264 (+90.7%), from €59,857 to €114,122
mainly Receivables within one year (+€69,342) and Net result for the year (+€27,288)
- Tangible fixed assets -€8,773
down €8,773 (-43.5%), from €20,179 to €11,405
- Tax, wage and social debts -€37,692
down €37,692 (-68.9%), from €54,679 to €16,987
- Profit (loss) carried forward +€27,288
up €27,288 (+25.3%), from €107,659 to €134,947
- Trade debts -€9,135
down €9,135 (-40.3%), from €22,672 to €13,537
- Accrued charges and deferred income -€4,312
down €4,312 (-100.0%), from €4,312 to €0
- Gross operating margin -€101,935
down €101,935 (-68.2%), from €149,362 to €47,427
- Taxes -€21,938
down €21,938 (-70.1%), from €31,276 to €9,338
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,322 | €167,471 | -€23,851 | -12.5% |
| Fixed assets | 21/28 | €20,179 | €11,405 | -€8,773 | -43.5% |
| Tangible fixed assets | 22/27 | €20,179 | €11,405 | -€8,773 | -43.5% |
| Furniture and vehicles | 24 | €20,179 | €11,405 | -€8,773 | -43.5% |
| Current assets | 29/58 | €171,143 | €156,065 | -€15,078 | -8.8% |
| Amounts receivable within one year | 40/41 | €111,286 | €41,943 | -€69,342 | -62.3% |
| Trade receivables | 40 | €110,557 | €13,643 | -€96,914 | -87.7% |
| Other amounts receivable | 41 | €729 | €28,301 | +€27,571 | +3781.2% |
| Cash at bank and in hand | 54/58 | €59,857 | €114,122 | +€54,264 | +90.7% |
| Total equity and liabilities | 10/49 | €191,322 | €167,471 | -€23,851 | -12.5% |
| Equity | 10/15 | €109,659 | €136,947 | +€27,288 | +24.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,659 | €134,947 | +€27,288 | +25.3% |
| Amounts payable | 17/49 | €81,662 | €30,524 | -€51,139 | -62.6% |
| Amounts payable within one year | 42/48 | €77,350 | €30,524 | -€46,827 | -60.5% |
| Trade debts | 44 | €22,672 | €13,537 | -€9,135 | -40.3% |
| Suppliers | 440/4 | €22,672 | €13,537 | -€9,135 | -40.3% |
| Taxes, remuneration and social security | 45 | €54,679 | €16,987 | -€37,692 | -68.9% |
| Taxes | 450/3 | €54,679 | €16,987 | -€37,692 | -68.9% |
| Accrued charges and deferred income | 492/3 | €4,312 | €0 | -€4,312 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,055 | €10,721 | +€665 | +6.6% |
| Other operating charges | 640/8 | €293 | €244 | -€49 | -16.7% |
| Gross operating margin | 9900 | €149,362 | €47,427 | -€101,935 | -68.2% |
| Operating profit (loss) | 9901 | €139,014 | €36,462 | -€102,552 | -73.8% |
| Financial income | 75/76B | - | €584 | +€584 | |
| Recurring financial income | 75 | - | €584 | +€584 | |
| Financial charges | 65/66B | €78 | €421 | +€343 | +436.8% |
| Recurring financial charges | 65 | €78 | €421 | +€343 | +436.8% |
| Profit (loss) for the period before taxes | 9903 | €138,935 | €36,625 | -€102,310 | -73.6% |
| Income taxes | 67/77 | €31,276 | €9,338 | -€21,938 | -70.1% |
| Profit (loss) for the period | 9904 | €107,659 | €27,288 | -€80,372 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,659 | €27,288 | -€80,372 | -74.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.