Nonolulu: 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.
Nonolulu
Largest movements
- Financial fixed assets +€140,386
up €140,386 (+560.3%), from €25,056 to €165,442
- Receivables within one year +€11,041
up €11,041 (+55.8%), from €19,796 to €30,838
of which Trade receivables: +€11,041
- Tangible fixed assets -€7,411
down €7,411 (-18.3%), from €40,531 to €33,120
of which Furniture and vehicles: -€6,801
- Cash -€3,029
down €3,029 (-72.4%), from €4,183 to €1,154
mainly Investment in fixed assets (net) (-€142,273) and Receivables within one year (-€11,041)
- Debts after one year +€85,887
up €85,887 (+326.6%), from €26,295 to €112,182
- Profit (loss) carried forward +€23,551
up €23,551 (+69.6%), from €33,859 to €57,410
- Current portion of long-term debt +€14,493
up €14,493 (+194.8%), from €7,439 to €21,932
- Tax, wage and social debts +€10,985
up €10,985 (+81.7%), from €13,451 to €24,436
of which Taxes: +€10,985
- Other debts +€4,441
up €4,441 (+652.8%), from €680 to €5,122
- Gross operating margin -€37,532
down €37,532 (-45.8%), from €82,000 to €44,467
- Other operating charges -€32,335
down €32,335 (-99.3%), from €32,561 to €227
- Depreciation +€3,964
up €3,964 (+74.3%), from €5,334 to €9,298
- Financial charges +€1,534
up €1,534 (+115.2%), from €1,331 to €2,865
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 | €89,715 | €230,952 | +€141,237 | +157.4% |
| Fixed assets | 21/28 | €65,587 | €198,562 | +€132,975 | +202.7% |
| Tangible fixed assets | 22/27 | €40,531 | €33,120 | -€7,411 | -18.3% |
| Plant, machinery and equipment | 23 | €2,890 | €2,280 | -€610 | -21.1% |
| Furniture and vehicles | 24 | €37,641 | €30,840 | -€6,801 | -18.1% |
| Financial fixed assets | 28 | €25,056 | €165,442 | +€140,386 | +560.3% |
| Current assets | 29/58 | €24,129 | €32,390 | +€8,262 | +34.2% |
| Amounts receivable within one year | 40/41 | €19,796 | €30,838 | +€11,041 | +55.8% |
| Trade receivables | 40 | €19,796 | €30,838 | +€11,041 | +55.8% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €4,183 | €1,154 | -€3,029 | -72.4% |
| Deferred charges and accrued income | 490/1 | €149 | €399 | +€250 | +167.7% |
| Total equity and liabilities | 10/49 | €89,715 | €230,952 | +€141,237 | +157.4% |
| Equity | 10/15 | €38,859 | €62,410 | +€23,551 | +60.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €33,859 | €57,410 | +€23,551 | +69.6% |
| Amounts payable | 17/49 | €50,856 | €168,542 | +€117,686 | +231.4% |
| Amounts payable after more than one year | 17 | €26,295 | €112,182 | +€85,887 | +326.6% |
| Financial debts | 170/4 | €26,295 | €112,182 | +€85,887 | +326.6% |
| Amounts payable within one year | 42/48 | €24,561 | €56,360 | +€31,798 | +129.5% |
| Current portion of amounts payable after more than one year | 42 | €7,439 | €21,932 | +€14,493 | +194.8% |
| Trade debts | 44 | €2,991 | €4,870 | +€1,879 | +62.8% |
| Suppliers | 440/4 | €2,991 | €4,870 | +€1,879 | +62.8% |
| Taxes, remuneration and social security | 45 | €13,451 | €24,436 | +€10,985 | +81.7% |
| Taxes | 450/3 | €13,451 | €24,436 | +€10,985 | +81.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €680 | €5,122 | +€4,441 | +652.8% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,334 | €9,298 | +€3,964 | +74.3% |
| Other operating charges | 640/8 | €32,561 | €227 | -€32,335 | -99.3% |
| Gross operating margin | 9900 | €82,000 | €44,467 | -€37,532 | -45.8% |
| Operating profit (loss) | 9901 | €44,105 | €34,943 | -€9,162 | -20.8% |
| Financial charges | 65/66B | €1,331 | €2,865 | +€1,534 | +115.2% |
| Recurring financial charges | 65 | €1,331 | €2,865 | +€1,534 | +115.2% |
| Profit (loss) for the period before taxes | 9903 | €42,774 | €32,078 | -€10,696 | -25.0% |
| Income taxes | 67/77 | €8,914 | €8,527 | -€388 | -4.4% |
| Profit (loss) for the period | 9904 | €33,859 | €23,551 | -€10,308 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,859 | €23,551 | -€10,308 | -30.4% |
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 12 October 2026 via checked.be.