NOPI: 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.
NOPI
Largest movements
- Tangible fixed assets -€31,483
down €31,483 (-5.3%), from €597,876 to €566,393
of which Land and buildings: -€26,424
- Receivables within one year +€25,606
up €25,606 (+44.6%), from €57,399 to €83,005
of which Other amounts receivable: +€17,911
- Debts after one year -€35,772
down €35,772 (-8.4%), from €426,631 to €390,859
- Profit (loss) carried forward +€24,739
up €24,739 (+69.5%), from €35,572 to €60,311
- Other debts +€16,397
up €16,397 (+17.9%), from €91,516 to €107,913
- Depreciation -€7,155
down €7,155 (-18.5%), from €38,639 to €31,483
- Financial charges +€5,820
up €5,820 (+109.2%), from €5,327 to €11,147
- Gross operating margin +€2,766
up €2,766 (+4.0%), from €69,443 to €72,209
- Financial income +€1,188
up €1,188 (+49.6%), from €2,393 to €3,581
- Taxes +€819
up €819 (+13.7%), from €5,977 to €6,796
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 | €675,198 | €675,069 | -€129 | 0.0% |
| Fixed assets | 21/28 | €597,876 | €566,393 | -€31,483 | -5.3% |
| Tangible fixed assets | 22/27 | €597,876 | €566,393 | -€31,483 | -5.3% |
| Land and buildings | 22 | €592,817 | €566,393 | -€26,424 | -4.5% |
| Furniture and vehicles | 24 | €5,059 | €0 | -€5,059 | -100.0% |
| Current assets | 29/58 | €77,322 | €108,676 | +€31,354 | +40.6% |
| Amounts receivable within one year | 40/41 | €57,399 | €83,005 | +€25,606 | +44.6% |
| Trade receivables | 40 | €13,310 | €21,005 | +€7,695 | +57.8% |
| Other amounts receivable | 41 | €44,089 | €62,000 | +€17,911 | +40.6% |
| Cash at bank and in hand | 54/58 | €19,835 | €25,580 | +€5,745 | +29.0% |
| Deferred charges and accrued income | 490/1 | €88 | €91 | +€3 | +3.3% |
| Total equity and liabilities | 10/49 | €675,198 | €675,069 | -€129 | 0.0% |
| Equity | 10/15 | €112,572 | €137,311 | +€24,739 | +22.0% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,572 | €60,311 | +€24,739 | +69.5% |
| Amounts payable | 17/49 | €562,626 | €537,758 | -€24,869 | -4.4% |
| Amounts payable after more than one year | 17 | €426,631 | €390,859 | -€35,772 | -8.4% |
| Financial debts | 170/4 | €426,631 | €390,859 | -€35,772 | -8.4% |
| Amounts payable within one year | 42/48 | €135,689 | €146,612 | +€10,922 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €27,582 | €23,772 | -€3,810 | -13.8% |
| Trade debts | 44 | €288 | €3,190 | +€2,902 | +1008.7% |
| Suppliers | 440/4 | €288 | €3,190 | +€2,902 | +1008.7% |
| Taxes, remuneration and social security | 45 | €16,304 | €11,737 | -€4,567 | -28.0% |
| Taxes | 450/3 | €13,445 | €9,754 | -€3,691 | -27.5% |
| Remuneration and social security | 454/9 | €2,859 | €1,982 | -€877 | -30.7% |
| Other amounts payable | 47/48 | €91,516 | €107,913 | +€16,397 | +17.9% |
| Accrued charges and deferred income | 492/3 | €305 | €287 | -€18 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,639 | €31,483 | -€7,155 | -18.5% |
| Other operating charges | 640/8 | €1,573 | €1,624 | +€50 | +3.2% |
| Gross operating margin | 9900 | €69,443 | €72,209 | +€2,766 | +4.0% |
| Operating profit (loss) | 9901 | €29,231 | €39,102 | +€9,871 | +33.8% |
| Financial income | 75/76B | €2,393 | €3,581 | +€1,188 | +49.6% |
| Recurring financial income | 75 | €2,393 | €3,581 | +€1,188 | +49.6% |
| Financial charges | 65/66B | €5,327 | €11,147 | +€5,820 | +109.2% |
| Recurring financial charges | 65 | €5,327 | €11,147 | +€5,820 | +109.2% |
| Profit (loss) for the period before taxes | 9903 | €26,297 | €31,536 | +€5,239 | +19.9% |
| Income taxes | 67/77 | €5,977 | €6,796 | +€819 | +13.7% |
| Profit (loss) for the period | 9904 | €20,320 | €24,739 | +€4,420 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,320 | €24,739 | +€4,420 | +21.8% |
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 11 October 2026 via checked.be.