NOOD: 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.
NOOD
Largest movements
- Cash -€4,296
down €4,296 (-96.3%), from €4,461 to €166
mainly Net result for the year (-€18,092) and Receivables within one year (-€3,500)
- Receivables within one year +€3,500
up €3,500 (+18.1%), from €19,390 to €22,890
of which Trade receivables: +€3,899
- Tangible fixed assets -€2,318
no longer reported in 2025 (was €2,318)
of which Land and buildings: -€2,318
- Profit (loss) carried forward -€18,092
down €18,092 (-11.2%), from -€160,924 to -€179,016
- Other debts +€12,136
up €12,136 (+276.8%), from €4,384 to €16,520
- Tax, wage and social debts +€1,326
up €1,326 (+50.6%), from €2,619 to €3,944
of which Taxes: +€2,594
- Trade debts +€1,143
up €1,143 (+1264.0%), from €90 to €1,233
- Short-term financial debts +€374
up €374, from €0 to €374
of which Other loans: +€374
- Gross operating margin -€293,128
down €293,128, from €275,103 to -€18,024
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 | €26,169 | €23,056 | -€3,113 | -11.9% |
| Fixed assets | 21/28 | €2,318 | - | -€2,318 | |
| Tangible fixed assets | 22/27 | €2,318 | - | -€2,318 | |
| Land and buildings | 22 | €2,318 | - | -€2,318 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €23,851 | €23,056 | -€795 | -3.3% |
| Amounts receivable within one year | 40/41 | €19,390 | €22,890 | +€3,500 | +18.1% |
| Trade receivables | 40 | €2,151 | €6,050 | +€3,899 | +181.3% |
| Other amounts receivable | 41 | €17,239 | €16,840 | -€399 | -2.3% |
| Cash at bank and in hand | 54/58 | €4,461 | €166 | -€4,296 | -96.3% |
| Total equity and liabilities | 10/49 | €26,169 | €23,056 | -€3,113 | -11.9% |
| Equity | 10/15 | €19,076 | €984 | -€18,092 | -94.8% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,924 | -€179,016 | -€18,092 | -11.2% |
| Amounts payable | 17/49 | €7,093 | €22,072 | +€14,979 | +211.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €7,093 | €22,072 | +€14,979 | +211.2% |
| Financial debts | 43 | €0 | €374 | +€374 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | - | €374 | +€374 | |
| Trade debts | 44 | €90 | €1,233 | +€1,143 | +1264.0% |
| Suppliers | 440/4 | €90 | €1,233 | +€1,143 | +1264.0% |
| Taxes, remuneration and social security | 45 | €2,619 | €3,944 | +€1,326 | +50.6% |
| Taxes | 450/3 | €0 | €2,594 | +€2,594 | |
| Remuneration and social security | 454/9 | €2,619 | €1,350 | -€1,269 | -48.4% |
| Other amounts payable | 47/48 | €4,384 | €16,520 | +€12,136 | +276.8% |
| Non-recurring operating income | 76A | €274,000 | - | -€274,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €806 | - | -€806 | |
| Other operating charges | 640/8 | €244 | - | -€244 | |
| Gross operating margin | 9900 | €275,103 | -€18,024 | -€293,128 | |
| Operating profit (loss) | 9901 | €274,054 | -€18,024 | -€292,078 | |
| Financial charges | 65/66B | €728 | €68 | -€660 | -90.7% |
| Recurring financial charges | 65 | €728 | €68 | -€660 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €273,326 | -€18,092 | -€291,418 | |
| Profit (loss) for the period | 9904 | €273,326 | -€18,092 | -€291,418 | |
| Profit (loss) for the period to be appropriated | 9905 | €273,326 | -€18,092 | -€291,418 |
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 28 September 2026 via checked.be.