NONI: 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.
NONI
Largest movements
- Receivables within one year -€5,002
down €5,002 (-73.0%), from €6,854 to €1,852
of which Trade receivables: -€4,494
- Stocks and contracts -€4,471
down €4,471 (-37.8%), from €11,821 to €7,350
- Tangible fixed assets -€3,807
down €3,807 (-24.8%), from €15,372 to €11,565
of which Plant, machinery and equipment: -€3,019
- Deferred charges and accrued income -€1,637
down €1,637 (-33.6%), from €4,874 to €3,237
- Cash +€1,533
up €1,533 (+34.0%), from €4,506 to €6,039
mainly Trade debts (+€12,503) and Receivables within one year (+€5,002)
- Trade debts +€12,503
up €12,503 (+82.0%), from €15,252 to €27,756
- Other debts -€11,618
down €11,618 (-60.1%), from €19,331 to €7,713
- Tax, wage and social debts -€10,796
down €10,796 (-96.6%), from €11,178 to €382
- Profit (loss) carried forward -€3,473
down €3,473 (-16.7%), from -€20,736 to -€24,208
- Gross operating margin +€20,886
up €20,886, from -€16,630 to €4,256
- Financial charges +€1,368
up €1,368 (+100.0%), from €1,368 to €2,735
- Depreciation +€590
up €590 (+18.3%), from €3,217 to €3,807
- Other operating charges +€267
up €267 (+29.0%), from €921 to €1,188
From the 31-12-2024 result to the 31-12-2025 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.
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,426 | €30,042 | -€13,384 | -30.8% |
| Fixed assets | 21/28 | €15,372 | €11,565 | -€3,807 | -24.8% |
| Tangible fixed assets | 22/27 | €15,372 | €11,565 | -€3,807 | -24.8% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €13,426 | €10,407 | -€3,019 | -22.5% |
| Furniture and vehicles | 24 | €1,946 | €1,158 | -€788 | -40.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €28,055 | €18,478 | -€9,577 | -34.1% |
| Stocks and contracts in progress | 3 | €11,821 | €7,350 | -€4,471 | -37.8% |
| Stocks | 30/36 | €11,821 | €7,350 | -€4,471 | -37.8% |
| Amounts receivable within one year | 40/41 | €6,854 | €1,852 | -€5,002 | -73.0% |
| Trade receivables | 40 | €5,571 | €1,077 | -€4,494 | -80.7% |
| Other amounts receivable | 41 | €1,283 | €775 | -€509 | -39.6% |
| Cash at bank and in hand | 54/58 | €4,506 | €6,039 | +€1,533 | +34.0% |
| Deferred charges and accrued income | 490/1 | €4,874 | €3,237 | -€1,637 | -33.6% |
| Total equity and liabilities | 10/49 | €43,426 | €30,042 | -€13,384 | -30.8% |
| Equity | 10/15 | -€2,336 | -€5,808 | -€3,473 | -149% |
| Reserves | 13 | €18,400 | €18,400 | = | 0.0% |
| Distributable reserves | 133 | €18,400 | €18,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,736 | -€24,208 | -€3,473 | -16.7% |
| Amounts payable | 17/49 | €45,762 | €35,851 | -€9,911 | -21.7% |
| Amounts payable within one year | 42/48 | €45,762 | €35,851 | -€9,911 | -21.7% |
| Trade debts | 44 | €15,252 | €27,756 | +€12,503 | +82.0% |
| Suppliers | 440/4 | €15,252 | €27,756 | +€12,503 | +82.0% |
| Taxes, remuneration and social security | 45 | €11,178 | €382 | -€10,796 | -96.6% |
| Taxes | 450/3 | €11,178 | €382 | -€10,796 | -96.6% |
| Other amounts payable | 47/48 | €19,331 | €7,713 | -€11,618 | -60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,217 | €3,807 | +€590 | +18.3% |
| Other operating charges | 640/8 | €921 | €1,188 | +€267 | +29.0% |
| Gross operating margin | 9900 | -€16,630 | €4,256 | +€20,886 | |
| Operating profit (loss) | 9901 | -€20,768 | -€739 | +€20,029 | +96.4% |
| Financial income | 75/76B | €45 | €1 | -€43 | -97.2% |
| Recurring financial income | 75 | €45 | €1 | -€43 | -97.2% |
| Financial charges | 65/66B | €1,368 | €2,735 | +€1,368 | +100.0% |
| Recurring financial charges | 65 | €1,368 | €2,735 | +€1,368 | +100.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,091 | -€3,473 | +€18,618 | +84.3% |
| Profit (loss) for the period | 9904 | -€22,091 | -€3,473 | +€18,618 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,091 | -€3,473 | +€18,618 | +84.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.