NoNa: 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.
NoNa
Largest movements
- Cash +€97,860
up €97,860 (+56.7%), from €172,520 to €270,380
mainly Net result for the year (+€80,103) and Depreciation (+€18,901)
- Tangible fixed assets -€21,206
down €21,206 (-10.1%), from €210,528 to €189,321
of which Other tangible fixed assets: -€11,885
- Receivables within one year +€8,498
up €8,498 (+555%), from €1,530 to €10,028
of which Trade receivables: +€8,688
- Reserves +€80,103
up €80,103 (+21.8%), from €367,252 to €447,355
of which Distributable reserves: +€80,103
- Tax, wage and social debts +€11,813
up €11,813 (+115%), from €10,285 to €22,098
of which Taxes: +€10,466
- Current portion of long-term debt -€7,715
down €7,715 (-50.0%), from €15,426 to €7,711
- Debts after one year -€7,711
down €7,711 (-7.4%), from €104,480 to €96,769
- Depreciation -€8,847
down €8,847 (-31.9%), from €27,747 to €18,901
- Financial income +€4,040
up €4,040 (+107,436%), from €4 to €4,043
- Financial charges +€3,103
up €3,103 (+56.3%), from €5,512 to €8,615
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.
Derived cash bridge
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 | €551,421 | €628,221 | +€76,800 | +13.9% |
| Fixed assets | 21/28 | €210,708 | €189,501 | -€21,206 | -10.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €210,528 | €189,321 | -€21,206 | -10.1% |
| Land and buildings | 22 | €6,245 | €5,469 | -€776 | -12.4% |
| Plant, machinery and equipment | 23 | €14,141 | €12,019 | -€2,123 | -15.0% |
| Furniture and vehicles | 24 | €10,957 | €4,535 | -€6,422 | -58.6% |
| Other tangible fixed assets | 26 | €179,184 | €167,299 | -€11,885 | -6.6% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €340,713 | €438,720 | +€98,006 | +28.8% |
| Stocks and contracts in progress | 3 | €13,586 | €7,514 | -€6,072 | -44.7% |
| Stocks | 30/36 | €13,586 | €7,514 | -€6,072 | -44.7% |
| Amounts receivable within one year | 40/41 | €1,530 | €10,028 | +€8,498 | +555% |
| Trade receivables | 40 | €1,340 | €10,028 | +€8,688 | +648% |
| Other amounts receivable | 41 | €190 | €0 | -€190 | -100% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €172,520 | €270,380 | +€97,860 | +56.7% |
| Deferred charges and accrued income | 490/1 | €3,078 | €797 | -€2,280 | -74.1% |
| Total equity and liabilities | 10/49 | €551,421 | €628,221 | +€76,800 | +13.9% |
| Equity | 10/15 | €373,452 | €453,555 | +€80,103 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €367,252 | €447,355 | +€80,103 | +21.8% |
| Tax-exempt reserves | 132 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €367,203 | €447,306 | +€80,103 | +21.8% |
| Amounts payable | 17/49 | €177,969 | €174,666 | -€3,303 | -1.9% |
| Amounts payable after more than one year | 17 | €104,480 | €96,769 | -€7,711 | -7.4% |
| Financial debts | 170/4 | €104,480 | €96,769 | -€7,711 | -7.4% |
| Amounts payable within one year | 42/48 | €71,354 | €75,218 | +€3,863 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €15,426 | €7,711 | -€7,715 | -50.0% |
| Trade debts | 44 | €2,557 | €1,358 | -€1,199 | -46.9% |
| Suppliers | 440/4 | €2,557 | €1,358 | -€1,199 | -46.9% |
| Taxes, remuneration and social security | 45 | €10,285 | €22,098 | +€11,813 | +115% |
| Taxes | 450/3 | €2,764 | €13,230 | +€10,466 | +379% |
| Remuneration and social security | 454/9 | €7,521 | €8,869 | +€1,348 | +17.9% |
| Other amounts payable | 47/48 | €43,086 | €44,050 | +€964 | +2.2% |
| Accrued charges and deferred income | 492/3 | €2,134 | €2,679 | +€545 | +25.5% |
| Non-recurring operating income | 76A | - | €16,396 | +€16,396 | |
| Remuneration, social security and pensions | 62 | €44,538 | €43,797 | -€741 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,747 | €18,901 | -€8,847 | -31.9% |
| Other operating charges | 640/8 | €3,405 | €2,745 | -€661 | -19.4% |
| Gross operating margin | 9900 | €179,806 | €178,780 | -€1,026 | -0.6% |
| Operating profit (loss) | 9901 | €104,115 | €113,338 | +€9,222 | +8.9% |
| Financial income | 75/76B | €4 | €4,043 | +€4,040 | +107,436% |
| Recurring financial income | 75 | €4 | €4,043 | +€4,040 | +107,436% |
| Financial charges | 65/66B | €5,512 | €8,615 | +€3,103 | +56.3% |
| Recurring financial charges | 65 | €5,512 | €8,615 | +€3,103 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €98,607 | €108,766 | +€10,158 | +10.3% |
| Income taxes | 67/77 | €28,346 | €28,662 | +€316 | +1.1% |
| Profit (loss) for the period | 9904 | €70,261 | €80,103 | +€9,842 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,261 | €80,103 | +€9,842 | +14.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.