Noor-Maysa: what changed
Noor-Maysa
Largest movements
- Receivables within one year -€43,905
down €43,905 (-32.6%), from €134,561 to €90,656
of which Trade receivables: -€40,510
- Cash +€2,837
up €2,837 (+78.0%), from €3,638 to €6,475
mainly Other debts (+€53,029) and Receivables within one year (+€43,905)
- Trade debts -€103,585
down €103,585 (-89.5%), from €115,680 to €12,095
- Other debts +€53,029
up €53,029 (+884%), from €6,000 to €59,029
- Tax, wage and social debts +€8,286
up €8,286 (+91.1%), from €9,098 to €17,384
of which Remuneration and social security: +€6,012
- Gross operating margin -€22,459
down €22,459 (-50.6%), from €44,417 to €21,958
- Staff costs -€14,547
down €14,547 (-45.5%), from €31,983 to €17,436
- Other operating charges -€711
down €711 (-20.7%), from €3,438 to €2,726
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,949 | €99,881 | -€41,068 | -29.1% |
| Fixed assets | 21/28 | €2,750 | €2,750 | = | 0.0% |
| Financial fixed assets | 28 | €2,750 | €2,750 | = | 0.0% |
| Current assets | 29/58 | €138,199 | €97,131 | -€41,068 | -29.7% |
| Amounts receivable within one year | 40/41 | €134,561 | €90,656 | -€43,905 | -32.6% |
| Trade receivables | 40 | €127,601 | €87,091 | -€40,510 | -31.7% |
| Other amounts receivable | 41 | €6,960 | €3,565 | -€3,395 | -48.8% |
| Cash at bank and in hand | 54/58 | €3,638 | €6,475 | +€2,837 | +78.0% |
| Total equity and liabilities | 10/49 | €140,949 | €99,881 | -€41,068 | -29.1% |
| Equity | 10/15 | €10,172 | €11,373 | +€1,201 | +11.8% |
| Contributions | 10/11 | €9,130 | €9,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,042 | €2,243 | +€1,201 | +115% |
| Amounts payable | 17/49 | €130,777 | €88,507 | -€42,270 | -32.3% |
| Amounts payable within one year | 42/48 | €130,777 | €88,507 | -€42,270 | -32.3% |
| Trade debts | 44 | €115,680 | €12,095 | -€103,585 | -89.5% |
| Suppliers | 440/4 | €115,680 | €12,095 | -€103,585 | -89.5% |
| Taxes, remuneration and social security | 45 | €9,098 | €17,384 | +€8,286 | +91.1% |
| Taxes | 450/3 | €1,681 | €3,955 | +€2,274 | +135% |
| Remuneration and social security | 454/9 | €7,417 | €13,429 | +€6,012 | +81.1% |
| Other amounts payable | 47/48 | €6,000 | €59,029 | +€53,029 | +884% |
| Remuneration, social security and pensions | 62 | €31,983 | €17,436 | -€14,547 | -45.5% |
| Other operating charges | 640/8 | €3,438 | €2,726 | -€711 | -20.7% |
| Gross operating margin | 9900 | €44,417 | €21,958 | -€22,459 | -50.6% |
| Operating profit (loss) | 9901 | €8,997 | €1,797 | -€7,200 | -80.0% |
| Financial charges | 65/66B | €116 | €195 | +€79 | +68.5% |
| Recurring financial charges | 65 | €116 | €195 | +€79 | +68.5% |
| Profit (loss) for the period before taxes | 9903 | €8,882 | €1,602 | -€7,280 | -82.0% |
| Income taxes | 67/77 | €260 | €400 | +€140 | +53.8% |
| Profit (loss) for the period | 9904 | €8,621 | €1,201 | -€7,420 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,621 | €1,201 | -€7,420 | -86.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.