NOORA: 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.
NOORA
Largest movements
- Cash -€2,570
down €2,570 (-74.8%), from €3,438 to €868
mainly Other debts (-€2,172) and Net result for the year (-€1,318)
- Tangible fixed assets -€607
down €607 (-27.5%), from €2,207 to €1,600
- Other debts -€2,172
down €2,172 (-70.1%), from €3,100 to €928
- Profit (loss) carried forward -€1,318
down €1,318 (-12.9%), from -€10,226 to -€11,544
- Trade debts +€392
new in 2025: €392
- Gross operating margin -€747
down €747, from €418 to -€329
- Depreciation -€339
down €339 (-35.8%), from €946 to €607
- Other operating charges +€68
up €68 (+57.4%), from €118 to €186
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 | €8,119 | €5,021 | -€3,098 | -38.2% |
| Fixed assets | 21/28 | €2,207 | €1,600 | -€607 | -27.5% |
| Tangible fixed assets | 22/27 | €2,207 | €1,600 | -€607 | -27.5% |
| Furniture and vehicles | 24 | €2,207 | €1,600 | -€607 | -27.5% |
| Current assets | 29/58 | €5,912 | €3,421 | -€2,491 | -42.1% |
| Amounts receivable within one year | 40/41 | €2,474 | €2,553 | +€80 | +3.2% |
| Trade receivables | 40 | €2,474 | €2,553 | +€80 | +3.2% |
| Cash at bank and in hand | 54/58 | €3,438 | €868 | -€2,570 | -74.8% |
| Total equity and liabilities | 10/49 | €8,119 | €5,021 | -€3,098 | -38.2% |
| Equity | 10/15 | €5,019 | €3,702 | -€1,318 | -26.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,846 | €2,846 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,846 | €2,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,226 | -€11,544 | -€1,318 | -12.9% |
| Amounts payable | 17/49 | €3,100 | €1,320 | -€1,780 | -57.4% |
| Amounts payable within one year | 42/48 | €3,100 | €1,320 | -€1,780 | -57.4% |
| Trade debts | 44 | - | €392 | +€392 | |
| Suppliers | 440/4 | - | €392 | +€392 | |
| Other amounts payable | 47/48 | €3,100 | €928 | -€2,172 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €946 | €607 | -€339 | -35.8% |
| Other operating charges | 640/8 | €118 | €186 | +€68 | +57.4% |
| Gross operating margin | 9900 | €418 | -€329 | -€747 | |
| Operating profit (loss) | 9901 | -€646 | -€1,122 | -€476 | -73.6% |
| Financial charges | 65/66B | €197 | €196 | -€1 | -0.6% |
| Recurring financial charges | 65 | €197 | €196 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€843 | -€1,318 | -€474 | -56.2% |
| Profit (loss) for the period | 9904 | -€843 | -€1,318 | -€474 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€843 | -€1,318 | -€474 | -56.2% |
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 1 October 2026 via checked.be.