NONAM'S: 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.
NONAM'S
Largest movements
- Cash +€82,656
up €82,656 (+69.1%), from €119,554 to €202,209
mainly Net result for the year (+€105,168) and Receivables within one year (+€37,242)
- Stocks and contracts +€57,300
new in 2025: €57,300
- Receivables within one year -€37,242
down €37,242 (-64.2%), from €58,011 to €20,769
of which Trade receivables: -€39,427
- Reserves +€105,868
up €105,868 (+74.6%), from €141,858 to €247,726
- Trade debts +€5,897
up €5,897 (+230.7%), from €2,556 to €8,453
- Other debts -€5,861
down €5,861 (-72.5%), from €8,081 to €2,221
- Gross operating margin -€49,464
down €49,464 (-26.7%), from €185,094 to €135,630
- Taxes -€12,668
down €12,668 (-30.2%), from €41,995 to €29,327
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 | €177,565 | €282,624 | +€105,059 | +59.2% |
| Fixed assets | 21/28 | - | €2,345 | +€2,345 | |
| Tangible fixed assets | 22/27 | - | €2,345 | +€2,345 | |
| Plant, machinery and equipment | 23 | - | €866 | +€866 | |
| Furniture and vehicles | 24 | - | €1,478 | +€1,478 | |
| Current assets | 29/58 | €177,565 | €280,279 | +€102,714 | +57.8% |
| Stocks and contracts in progress | 3 | - | €57,300 | +€57,300 | |
| Stocks | 30/36 | - | €57,300 | +€57,300 | |
| Amounts receivable within one year | 40/41 | €58,011 | €20,769 | -€37,242 | -64.2% |
| Trade receivables | 40 | €56,849 | €17,422 | -€39,427 | -69.4% |
| Other amounts receivable | 41 | €1,162 | €3,347 | +€2,185 | +188.1% |
| Cash at bank and in hand | 54/58 | €119,554 | €202,209 | +€82,656 | +69.1% |
| Total equity and liabilities | 10/49 | €177,565 | €282,624 | +€105,059 | +59.2% |
| Equity | 10/15 | €143,858 | €249,726 | +€105,868 | +73.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €141,858 | €247,726 | +€105,868 | +74.6% |
| Distributable reserves | 133 | €141,858 | €247,726 | +€105,868 | +74.6% |
| Amounts payable | 17/49 | €33,707 | €32,898 | -€809 | -2.4% |
| Amounts payable within one year | 42/48 | €33,707 | €32,898 | -€809 | -2.4% |
| Financial debts | 43 | €2,992 | €2,897 | -€95 | -3.2% |
| Credit institutions | 430/8 | €2,992 | €2,897 | -€95 | -3.2% |
| Trade debts | 44 | €2,556 | €8,453 | +€5,897 | +230.7% |
| Suppliers | 440/4 | €2,556 | €8,453 | +€5,897 | +230.7% |
| Taxes, remuneration and social security | 45 | €20,077 | €19,327 | -€751 | -3.7% |
| Taxes | 450/3 | €20,077 | €19,327 | -€751 | -3.7% |
| Other amounts payable | 47/48 | €8,081 | €2,221 | -€5,861 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €560 | -€440 | -44.0% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €185,094 | €135,630 | -€49,464 | -26.7% |
| Operating profit (loss) | 9901 | €183,979 | €134,944 | -€49,035 | -26.7% |
| Financial income | 75/76B | €310 | €1 | -€309 | -99.6% |
| Recurring financial income | 75 | €310 | €1 | -€309 | -99.6% |
| Financial charges | 65/66B | €437 | €450 | +€13 | +3.1% |
| Recurring financial charges | 65 | €437 | €450 | +€13 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €183,853 | €134,495 | -€49,358 | -26.8% |
| Income taxes | 67/77 | €41,995 | €29,327 | -€12,668 | -30.2% |
| Profit (loss) for the period | 9904 | €141,858 | €105,168 | -€36,689 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €141,858 | €105,168 | -€36,689 | -25.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.