NOODLES: 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.
NOODLES
Largest movements
- Tangible fixed assets -€48,426
down €48,426 (-14.6%), from €330,881 to €282,455
of which Furniture and vehicles: -€61,395
- Cash -€28,840
down €28,840 (-30.7%), from €93,872 to €65,032
mainly Contributions, distributions and other (-€205,832) and Debts after one year (-€57,539)
- Receivables within one year -€28,572
down €28,572 (-88.1%), from €32,448 to €3,876
- Profit (loss) carried forward -€113,061
down €113,061 (-54.9%), from €205,832 to €92,770
- Other debts +€68,706
up €68,706 (+1860.7%), from €3,692 to €72,399
- Debts after one year -€57,539
down €57,539 (-34.5%), from €166,920 to €109,380
- Tax, wage and social debts -€11,046
down €11,046 (-58.7%), from €18,825 to €7,779
of which Taxes: -€11,426
- Trade debts +€5,995
up €5,995 (+185.1%), from €3,238 to €9,233
- Gross operating margin -€25,404
down €25,404 (-9.9%), from €256,829 to €231,425
- Depreciation +€24,380
up €24,380 (+44.9%), from €54,299 to €78,678
- Other operating charges -€12,995
down €12,995 (-72.4%), from €17,937 to €4,942
- Write-downs -€10,986
no longer reported in 2025 (was €10,986)
- Taxes -€7,165
down €7,165 (-13.6%), from €52,680 to €45,515
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 | €458,688 | €354,101 | -€104,588 | -22.8% |
| Fixed assets | 21/28 | €330,881 | €282,455 | -€48,426 | -14.6% |
| Tangible fixed assets | 22/27 | €330,881 | €282,455 | -€48,426 | -14.6% |
| Plant, machinery and equipment | 23 | €2,185 | €1,666 | -€519 | -23.8% |
| Furniture and vehicles | 24 | €282,494 | €221,099 | -€61,395 | -21.7% |
| Other tangible fixed assets | 26 | €46,203 | €59,690 | +€13,487 | +29.2% |
| Current assets | 29/58 | €127,807 | €71,645 | -€56,162 | -43.9% |
| Amounts receivable within one year | 40/41 | €32,448 | €3,876 | -€28,572 | -88.1% |
| Trade receivables | 40 | €32,448 | €3,876 | -€28,572 | -88.1% |
| Cash at bank and in hand | 54/58 | €93,872 | €65,032 | -€28,840 | -30.7% |
| Deferred charges and accrued income | 490/1 | €1,486 | €2,737 | +€1,251 | +84.1% |
| Total equity and liabilities | 10/49 | €458,688 | €354,101 | -€104,588 | -22.8% |
| Equity | 10/15 | €210,832 | €97,770 | -€113,061 | -53.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,832 | €92,770 | -€113,061 | -54.9% |
| Amounts payable | 17/49 | €247,857 | €256,330 | +€8,473 | +3.4% |
| Amounts payable after more than one year | 17 | €166,920 | €109,380 | -€57,539 | -34.5% |
| Financial debts | 170/4 | €166,920 | €109,380 | -€57,539 | -34.5% |
| Amounts payable within one year | 42/48 | €80,937 | €146,950 | +€66,013 | +81.6% |
| Current portion of amounts payable after more than one year | 42 | €55,181 | €57,539 | +€2,358 | +4.3% |
| Trade debts | 44 | €3,238 | €9,233 | +€5,995 | +185.1% |
| Suppliers | 440/4 | €3,238 | €9,233 | +€5,995 | +185.1% |
| Taxes, remuneration and social security | 45 | €18,825 | €7,779 | -€11,046 | -58.7% |
| Taxes | 450/3 | €18,825 | €7,399 | -€11,426 | -60.7% |
| Remuneration and social security | 454/9 | - | €380 | +€380 | |
| Other amounts payable | 47/48 | €3,692 | €72,399 | +€68,706 | +1860.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,299 | €78,678 | +€24,380 | +44.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,986 | - | -€10,986 | |
| Other operating charges | 640/8 | €17,937 | €4,942 | -€12,995 | -72.4% |
| Non-recurring operating charges | 66A | - | €1,026 | +€1,026 | |
| Gross operating margin | 9900 | €256,829 | €231,425 | -€25,404 | -9.9% |
| Operating profit (loss) | 9901 | €173,608 | €146,779 | -€26,829 | -15.5% |
| Financial income | 75/76B | €280 | €325 | +€45 | +16.1% |
| Recurring financial income | 75 | €280 | €325 | +€45 | +16.1% |
| Financial charges | 65/66B | €8,776 | €8,818 | +€43 | +0.5% |
| Recurring financial charges | 65 | €8,776 | €8,818 | +€43 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €165,112 | €138,286 | -€26,826 | -16.2% |
| Income taxes | 67/77 | €52,680 | €45,515 | -€7,165 | -13.6% |
| Profit (loss) for the period | 9904 | €112,432 | €92,770 | -€19,662 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €112,432 | €92,770 | -€19,662 | -17.5% |
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 7 October 2026 via checked.be.