NOPIK: 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.
NOPIK
Largest movements
- Current investments -€29,278
down €29,278 (-34.0%), from €86,074 to €56,796
- Receivables within one year -€28,361
down €28,361 (-84.0%), from €33,745 to €5,383
of which Other amounts receivable: -€27,649
- Financial fixed assets +€18,600
new in 2025: €18,600
- Tangible fixed assets -€2,739
down €2,739 (-69.3%), from €3,955 to €1,216
of which Furniture and vehicles: -€2,025
- Deferred charges and accrued income -€1,908
down €1,908 (-79.9%), from €2,389 to €481
- Reserves -€62,500
down €62,500 (-62.0%), from €100,750 to €38,250
- Other debts +€35,350
up €35,350 (+116%), from €30,550 to €65,900
- Profit (loss) carried forward -€13,007
down €13,007, from €0 to -€13,007
- Tax, wage and social debts -€3,000
down €3,000 (-56.6%), from €5,296 to €2,296
of which Taxes: -€3,000
- Gross operating margin -€58,426
down €58,426, from €37,185 to -€21,241
- Taxes -€7,346
down €7,346 (-100%), from €7,346 to €0
- Financial charges -€6,939
down €6,939, from €4,242 to -€2,697
- Financial income +€2,675
up €2,675 (+47.8%), from €5,601 to €8,276
of which Non-recurring financial income: +€5,876
- Depreciation -€1,292
down €1,292 (-32.0%), from €4,031 to €2,739
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.
Derived cash bridge
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 | €137,991 | €94,042 | -€43,950 | -31.8% |
| Fixed assets | 21/28 | €3,955 | €19,816 | +€15,861 | +401% |
| Tangible fixed assets | 22/27 | €3,955 | €1,216 | -€2,739 | -69.3% |
| Plant, machinery and equipment | 23 | €1,545 | €830 | -€715 | -46.3% |
| Furniture and vehicles | 24 | €2,411 | €386 | -€2,025 | -84.0% |
| Financial fixed assets | 28 | - | €18,600 | +€18,600 | |
| Current assets | 29/58 | €134,036 | €74,225 | -€59,811 | -44.6% |
| Amounts receivable within one year | 40/41 | €33,745 | €5,383 | -€28,361 | -84.0% |
| Trade receivables | 40 | €1,027 | €315 | -€712 | -69.3% |
| Other amounts receivable | 41 | €32,718 | €5,068 | -€27,649 | -84.5% |
| Current investments | 50/53 | €86,074 | €56,796 | -€29,278 | -34.0% |
| Cash at bank and in hand | 54/58 | €11,828 | €11,565 | -€264 | -2.2% |
| Deferred charges and accrued income | 490/1 | €2,389 | €481 | -€1,908 | -79.9% |
| Total equity and liabilities | 10/49 | €137,991 | €94,042 | -€43,950 | -31.8% |
| Equity | 10/15 | €100,751 | €25,244 | -€75,507 | -74.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €100,750 | €38,250 | -€62,500 | -62.0% |
| Distributable reserves | 133 | €100,750 | €38,250 | -€62,500 | -62.0% |
| Profit (loss) carried forward | 14 | €0 | -€13,007 | -€13,007 | |
| Amounts payable | 17/49 | €37,240 | €68,798 | +€31,558 | +84.7% |
| Amounts payable within one year | 42/48 | €37,240 | €68,798 | +€31,558 | +84.7% |
| Financial debts | 43 | €12 | €12 | = | 0.0% |
| Credit institutions | 430/8 | €12 | €12 | = | 0.0% |
| Trade debts | 44 | €1,382 | €590 | -€792 | -57.3% |
| Suppliers | 440/4 | €1,382 | €590 | -€792 | -57.3% |
| Taxes, remuneration and social security | 45 | €5,296 | €2,296 | -€3,000 | -56.6% |
| Taxes | 450/3 | €3,000 | €0 | -€3,000 | -100% |
| Remuneration and social security | 454/9 | €2,296 | €2,296 | = | 0.0% |
| Other amounts payable | 47/48 | €30,550 | €65,900 | +€35,350 | +116% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,031 | €2,739 | -€1,292 | -32.0% |
| Other operating charges | 640/8 | €220 | €0 | -€220 | -100% |
| Gross operating margin | 9900 | €37,185 | -€21,241 | -€58,426 | |
| Operating profit (loss) | 9901 | €32,934 | -€23,980 | -€56,914 | |
| Financial income | 75/76B | €5,601 | €8,276 | +€2,675 | +47.8% |
| Recurring financial income | 75 | €5,601 | €2,399 | -€3,201 | -57.2% |
| Non-recurring financial income | 76B | - | €5,876 | +€5,876 | |
| Financial charges | 65/66B | €4,242 | -€2,697 | -€6,939 | |
| Recurring financial charges | 65 | €4,242 | -€2,697 | -€6,939 | |
| Profit (loss) for the period before taxes | 9903 | €34,292 | -€13,007 | -€47,300 | |
| Income taxes | 67/77 | €7,346 | €0 | -€7,346 | -100% |
| Profit (loss) for the period | 9904 | €26,947 | -€13,007 | -€39,954 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,947 | -€13,007 | -€39,954 |
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 20 October 2026 via checked.be.