NOOR TRADE: 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.
NOOR TRADE
Largest movements
- Receivables within one year +€59,637
up €59,637 (+213%), from €27,955 to €87,592
of which Other amounts receivable: +€57,487
- Cash -€32,585
down €32,585 (-46.7%), from €69,708 to €37,123
mainly Receivables within one year (-€59,637) and Tax, wage and social debts (-€4,870)
- Stocks and contracts -€1,850
down €1,850 (-37.8%), from €4,889 to €3,039
- Trade debts +€23,901
up €23,901 (+457%), from €5,225 to €29,127
- Short-term financial debts +€4,990
new in 2024: €4,990
- Tax, wage and social debts -€4,870
down €4,870 (-55.7%), from €8,741 to €3,871
of which Remuneration and social security: -€8,741
- Purchases and services -€322,901
no longer reported in 2024 (was €322,901)
- Gross operating margin -€6,760
down €6,760 (-9.6%), from €70,620 to €63,860
- Staff costs -€5,556
down €5,556 (-10.3%), from €53,984 to €48,428
- Taxes +€744
up €744 (+8.3%), from €9,012 to €9,756
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,705 | €128,814 | +€24,109 | +23.0% |
| Fixed assets | 21/28 | €1,505 | €740 | -€765 | -50.8% |
| Tangible fixed assets | 22/27 | €1,505 | €740 | -€765 | -50.8% |
| Plant, machinery and equipment | 23 | €435 | - | -€435 | |
| Furniture and vehicles | 24 | €1,071 | €740 | -€331 | -30.9% |
| Current assets | 29/58 | €103,200 | €128,074 | +€24,874 | +24.1% |
| Stocks and contracts in progress | 3 | €4,889 | €3,039 | -€1,850 | -37.8% |
| Stocks | 30/36 | €4,889 | €3,039 | -€1,850 | -37.8% |
| Amounts receivable within one year | 40/41 | €27,955 | €87,592 | +€59,637 | +213% |
| Trade receivables | 40 | €18,971 | €21,121 | +€2,150 | +11.3% |
| Other amounts receivable | 41 | €8,984 | €66,471 | +€57,487 | +640% |
| Cash at bank and in hand | 54/58 | €69,708 | €37,123 | -€32,585 | -46.7% |
| Deferred charges and accrued income | 490/1 | €648 | €320 | -€328 | -50.6% |
| Total equity and liabilities | 10/49 | €104,705 | €128,814 | +€24,109 | +23.0% |
| Equity | 10/15 | €90,739 | €90,826 | +€87 | +0.1% |
| Contributions | 10/11 | €14,640 | €14,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,099 | €76,186 | +€87 | +0.1% |
| Amounts payable | 17/49 | €13,966 | €37,988 | +€24,022 | +172% |
| Amounts payable within one year | 42/48 | €13,966 | €37,988 | +€24,022 | +172% |
| Financial debts | 43 | - | €4,990 | +€4,990 | |
| Credit institutions | 430/8 | - | €4,990 | +€4,990 | |
| Trade debts | 44 | €5,225 | €29,127 | +€23,901 | +457% |
| Suppliers | 440/4 | €5,225 | €29,127 | +€23,901 | +457% |
| Taxes, remuneration and social security | 45 | €8,741 | €3,871 | -€4,870 | -55.7% |
| Taxes | 450/3 | - | €3,871 | +€3,871 | |
| Remuneration and social security | 454/9 | €8,741 | - | -€8,741 | |
| Goods, raw materials, services and sundry goods | 60/61 | €322,901 | - | -€322,901 | |
| Remuneration, social security and pensions | 62 | €53,984 | €48,428 | -€5,556 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €765 | €765 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,224 | €2,582 | -€642 | -19.9% |
| Gross operating margin | 9900 | €70,620 | €63,860 | -€6,760 | -9.6% |
| Operating profit (loss) | 9901 | €12,648 | €12,085 | -€562 | -4.4% |
| Financial income | 75/76B | €0 | €107 | +€107 | +42,800% |
| Recurring financial income | 75 | €0 | €107 | +€107 | +42,800% |
| Financial charges | 65/66B | €3,035 | €2,350 | -€686 | -22.6% |
| Recurring financial charges | 65 | €1,035 | €2,350 | +€1,314 | +127% |
| Non-recurring financial charges | 66B | €2,000 | - | -€2,000 | |
| Profit (loss) for the period before taxes | 9903 | €9,613 | €9,843 | +€230 | +2.4% |
| Income taxes | 67/77 | €9,012 | €9,756 | +€744 | +8.3% |
| Profit (loss) for the period | 9904 | €600 | €87 | -€514 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €600 | €87 | -€514 | -85.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.