NOOF: 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.
NOOF
Largest movements
- Tangible fixed assets +€7,638
new in 2025: €7,638
of which Plant, machinery and equipment: +€4,805
- Cash -€3,481
down €3,481 (-7.5%), from €46,120 to €42,640
mainly Investment in fixed assets (net) (-€9,023) and Tax, wage and social debts (-€6,100)
- Receivables within one year +€3,479
up €3,479 (+14.2%), from €24,493 to €27,972
of which Other amounts receivable: +€2,193
- Reserves +€14,294
up €14,294 (+32.2%), from €44,365 to €58,660
- Tax, wage and social debts -€6,100
down €6,100 (-27.9%), from €21,866 to €15,766
- Gross operating margin -€16,527
down €16,527 (-39.9%), from €41,461 to €24,933
- Taxes -€2,746
down €2,746 (-32.0%), from €8,593 to €5,847
- Depreciation +€1,385
new in 2025: €1,385
- Other operating charges +€841
up €841 (+199%), from €422 to €1,263
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.
Derived cash bridge
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 | €71,128 | €79,058 | +€7,929 | +11.1% |
| Fixed assets | 21/28 | - | €7,638 | +€7,638 | |
| Tangible fixed assets | 22/27 | - | €7,638 | +€7,638 | |
| Plant, machinery and equipment | 23 | - | €4,805 | +€4,805 | |
| Furniture and vehicles | 24 | - | €2,832 | +€2,832 | |
| Current assets | 29/58 | €71,128 | €71,420 | +€292 | +0.4% |
| Amounts receivable within one year | 40/41 | €24,493 | €27,972 | +€3,479 | +14.2% |
| Trade receivables | 40 | €24,334 | €25,620 | +€1,286 | +5.3% |
| Other amounts receivable | 41 | €159 | €2,352 | +€2,193 | +1,375% |
| Cash at bank and in hand | 54/58 | €46,120 | €42,640 | -€3,481 | -7.5% |
| Deferred charges and accrued income | 490/1 | €515 | €808 | +€294 | +57.1% |
| Total equity and liabilities | 10/49 | €71,128 | €79,058 | +€7,929 | +11.1% |
| Equity | 10/15 | €46,865 | €61,160 | +€14,294 | +30.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €44,365 | €58,660 | +€14,294 | +32.2% |
| Distributable reserves | 133 | €44,365 | €58,660 | +€14,294 | +32.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,263 | €17,898 | -€6,365 | -26.2% |
| Amounts payable within one year | 42/48 | €24,007 | €17,327 | -€6,680 | -27.8% |
| Trade debts | 44 | €1,282 | €1,211 | -€71 | -5.5% |
| Suppliers | 440/4 | €1,282 | €1,211 | -€71 | -5.5% |
| Taxes, remuneration and social security | 45 | €21,866 | €15,766 | -€6,100 | -27.9% |
| Taxes | 450/3 | €21,866 | €15,766 | -€6,100 | -27.9% |
| Other amounts payable | 47/48 | €859 | €350 | -€509 | -59.2% |
| Accrued charges and deferred income | 492/3 | €256 | €571 | +€315 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,385 | +€1,385 | |
| Other operating charges | 640/8 | €422 | €1,263 | +€841 | +199% |
| Gross operating margin | 9900 | €41,461 | €24,933 | -€16,527 | -39.9% |
| Operating profit (loss) | 9901 | €41,039 | €22,285 | -€18,754 | -45.7% |
| Financial charges | 65/66B | €2,338 | €2,143 | -€196 | -8.4% |
| Recurring financial charges | 65 | €2,338 | €2,143 | -€196 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €38,700 | €20,142 | -€18,558 | -48.0% |
| Income taxes | 67/77 | €8,593 | €5,847 | -€2,746 | -32.0% |
| Profit (loss) for the period | 9904 | €30,107 | €14,294 | -€15,813 | -52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,107 | €14,294 | -€15,813 | -52.5% |
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 18 October 2026 via checked.be.