NOORI: 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.
NOORI
Largest movements
- Tangible fixed assets -€57,364
down €57,364 (-63.3%), from €90,679 to €33,314
of which Other tangible fixed assets: -€89,236
- Stocks and contracts +€32,079
up €32,079 (+60.1%), from €53,421 to €85,500
- Intangible fixed assets +€9,003
new in 2024: €9,003
- Financial fixed assets +€3,600
up €3,600 (+54.1%), from €6,660 to €10,260
- Debts after one year -€13,581
down €13,581 (-24.4%), from €55,598 to €42,017
- Trade debts +€9,541
up €9,541 (+28.9%), from €33,063 to €42,604
- Tax, wage and social debts -€7,110
down €7,110 (-66.1%), from €10,749 to €3,639
of which Taxes: -€7,966
- Profit (loss) carried forward +€5,840
up €5,840 (+12.2%), from €47,790 to €53,630
- Other debts -€5,119
no longer reported in 2024 (was €5,119)
- Gross operating margin +€53,637
up €53,637 (+215.8%), from €24,858 to €78,495
- Staff costs +€14,749
new in 2024: €14,749
- Depreciation +€5,300
up €5,300 (+40.2%), from €13,196 to €18,496
- Other operating charges +€4,404
up €4,404 (+428.5%), from €1,028 to €5,431
- Financial charges +€1,119
up €1,119 (+44.5%), from €2,517 to €3,636
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.
Cash bridge derived
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 | €206,760 | €196,732 | -€10,028 | -4.9% |
| Fixed assets | 21/28 | €97,339 | €52,577 | -€44,762 | -46.0% |
| Intangible fixed assets | 21 | - | €9,003 | +€9,003 | |
| Tangible fixed assets | 22/27 | €90,679 | €33,314 | -€57,364 | -63.3% |
| Land and buildings | 22 | - | €12,525 | +€12,525 | |
| Plant, machinery and equipment | 23 | €321 | €20,014 | +€19,692 | +6129.9% |
| Furniture and vehicles | 24 | €1,122 | €776 | -€346 | -30.9% |
| Other tangible fixed assets | 26 | €89,236 | - | -€89,236 | |
| Financial fixed assets | 28 | €6,660 | €10,260 | +€3,600 | +54.1% |
| Current assets | 29/58 | €109,421 | €144,155 | +€34,733 | +31.7% |
| Stocks and contracts in progress | 3 | €53,421 | €85,500 | +€32,079 | +60.1% |
| Stocks | 30/36 | €53,421 | €85,500 | +€32,079 | +60.1% |
| Amounts receivable within one year | 40/41 | - | €1,665 | +€1,665 | |
| Trade receivables | 40 | - | €134 | +€134 | |
| Other amounts receivable | 41 | - | €1,531 | +€1,531 | |
| Cash at bank and in hand | 54/58 | €56,001 | €56,989 | +€989 | +1.8% |
| Total equity and liabilities | 10/49 | €206,760 | €196,732 | -€10,028 | -4.9% |
| Equity | 10/15 | €87,790 | €93,630 | +€5,840 | +6.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Capital | 10 | €40,000 | €40,000 | = | 0.0% |
| Issued capital | 100 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,790 | €53,630 | +€5,840 | +12.2% |
| Amounts payable | 17/49 | €118,970 | €103,101 | -€15,869 | -13.3% |
| Amounts payable after more than one year | 17 | €55,598 | €42,017 | -€13,581 | -24.4% |
| Financial debts | 170/4 | €55,598 | €42,017 | -€13,581 | -24.4% |
| Amounts payable within one year | 42/48 | €62,111 | €59,825 | -€2,287 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €13,180 | €13,581 | +€401 | +3.0% |
| Trade debts | 44 | €33,063 | €42,604 | +€9,541 | +28.9% |
| Suppliers | 440/4 | €33,063 | €42,604 | +€9,541 | +28.9% |
| Taxes, remuneration and social security | 45 | €10,749 | €3,639 | -€7,110 | -66.1% |
| Taxes | 450/3 | €10,749 | €2,783 | -€7,966 | -74.1% |
| Remuneration and social security | 454/9 | - | €856 | +€856 | |
| Other amounts payable | 47/48 | €5,119 | - | -€5,119 | |
| Accrued charges and deferred income | 492/3 | €1,261 | €1,260 | -€1 | -0.1% |
| Remuneration, social security and pensions | 62 | - | €14,749 | +€14,749 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,196 | €18,496 | +€5,300 | +40.2% |
| Other operating charges | 640/8 | €1,028 | €5,431 | +€4,404 | +428.5% |
| Non-recurring operating charges | 66A | - | €27,775 | +€27,775 | |
| Gross operating margin | 9900 | €24,858 | €78,495 | +€53,637 | +215.8% |
| Operating profit (loss) | 9901 | €10,634 | €12,044 | +€1,410 | +13.3% |
| Financial income | 75/76B | €116 | - | -€116 | |
| Recurring financial income | 75 | €116 | - | -€116 | |
| Financial charges | 65/66B | €2,517 | €3,636 | +€1,119 | +44.5% |
| Recurring financial charges | 65 | €2,517 | €3,636 | +€1,119 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €8,234 | €8,409 | +€175 | +2.1% |
| Income taxes | 67/77 | €3,179 | €2,568 | -€611 | -19.2% |
| Profit (loss) for the period | 9904 | €5,055 | €5,840 | +€786 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,055 | €5,840 | +€786 | +15.5% |
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 10 October 2026 via checked.be.