NONECT: 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.
NONECT
Largest movements
- Receivables within one year +€19,223
up €19,223 (+126.0%), from €15,252 to €34,476
of which Trade receivables: +€14,749
- Cash +€8,014
up €8,014 (+10.3%), from €78,108 to €86,122
mainly Net result for the year (+€31,899) and Tax, wage and social debts (+€6,717)
- Tangible fixed assets -€3,235
down €3,235 (-27.0%), from €11,988 to €8,753
- Reserves +€14,490
up €14,490 (+26.5%), from €54,615 to €69,105
- Tax, wage and social debts +€6,717
up €6,717 (+29.0%), from €23,149 to €29,866
- Other debts +€2,886
up €2,886 (+19.9%), from €14,523 to €17,409
- Depreciation +€3,729
up €3,729 (+200.3%), from €1,862 to €5,590
- Gross operating margin +€1,299
up €1,299 (+2.6%), from €50,004 to €51,303
- Other operating charges -€879
down €879 (-50.1%), from €1,754 to €875
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 | €106,171 | €130,256 | +€24,085 | +22.7% |
| Fixed assets | 21/28 | €11,988 | €8,753 | -€3,235 | -27.0% |
| Tangible fixed assets | 22/27 | €11,988 | €8,753 | -€3,235 | -27.0% |
| Furniture and vehicles | 24 | €11,988 | €8,753 | -€3,235 | -27.0% |
| Current assets | 29/58 | €94,184 | €121,503 | +€27,320 | +29.0% |
| Amounts receivable within one year | 40/41 | €15,252 | €34,476 | +€19,223 | +126.0% |
| Trade receivables | 40 | €14,520 | €29,269 | +€14,749 | +101.6% |
| Other amounts receivable | 41 | €732 | €5,207 | +€4,475 | +611.2% |
| Cash at bank and in hand | 54/58 | €78,108 | €86,122 | +€8,014 | +10.3% |
| Deferred charges and accrued income | 490/1 | €824 | €906 | +€83 | +10.0% |
| Total equity and liabilities | 10/49 | €106,171 | €130,256 | +€24,085 | +22.7% |
| Equity | 10/15 | €67,424 | €81,915 | +€14,490 | +21.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €54,615 | €69,105 | +€14,490 | +26.5% |
| Distributable reserves | 133 | €54,615 | €69,105 | +€14,490 | +26.5% |
| Profit (loss) carried forward | 14 | €409 | €409 | = | 0.0% |
| Amounts payable | 17/49 | €38,747 | €48,342 | +€9,595 | +24.8% |
| Amounts payable within one year | 42/48 | €38,747 | €48,342 | +€9,595 | +24.8% |
| Financial debts | 43 | - | €321 | +€321 | |
| Credit institutions | 430/8 | - | €321 | +€321 | |
| Trade debts | 44 | €1,075 | €745 | -€330 | -30.7% |
| Suppliers | 440/4 | €1,075 | €745 | -€330 | -30.7% |
| Taxes, remuneration and social security | 45 | €23,149 | €29,866 | +€6,717 | +29.0% |
| Taxes | 450/3 | €23,149 | €29,866 | +€6,717 | +29.0% |
| Other amounts payable | 47/48 | €14,523 | €17,409 | +€2,886 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,862 | €5,590 | +€3,729 | +200.3% |
| Other operating charges | 640/8 | €1,754 | €875 | -€879 | -50.1% |
| Gross operating margin | 9900 | €50,004 | €51,303 | +€1,299 | +2.6% |
| Operating profit (loss) | 9901 | €46,389 | €44,837 | -€1,551 | -3.3% |
| Financial income | 75/76B | €20 | €452 | +€433 | +2178.3% |
| Recurring financial income | 75 | €20 | €452 | +€433 | +2178.3% |
| Financial charges | 65/66B | €1,214 | €714 | -€499 | -41.1% |
| Recurring financial charges | 65 | €1,214 | €714 | -€499 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €45,195 | €44,575 | -€620 | -1.4% |
| Income taxes | 67/77 | €12,732 | €12,676 | -€55 | -0.4% |
| Profit (loss) for the period | 9904 | €32,463 | €31,899 | -€564 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,463 | €31,899 | -€564 | -1.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.