NOPPE STEVEN: what changed
NOPPE STEVEN
Largest movements
- Tangible fixed assets -€63,177
down €63,177 (-8.3%), from €762,553 to €699,376
of which Other tangible fixed assets: -€88,980
- Cash -€46,087
down €46,087 (-33.3%), from €138,460 to €92,373
mainly Contributions, distributions and other (-€110,333) and Debts after one year (-€39,867)
- Receivables within one year -€13,222
down €13,222 (-34.6%), from €38,233 to €25,011
of which Trade receivables: -€11,639
- Reserves -€63,500
down €63,500 (-22.6%), from €280,770 to €217,270
- Debts after one year -€39,867
down €39,867 (-9.8%), from €405,679 to €365,812
- Tax, wage and social debts -€15,650
down €15,650 (-76.9%), from €20,350 to €4,700
- Gross operating margin -€43,961
down €43,961 (-23.4%), from €187,702 to €143,741
- Financial income +€13,841
up €13,841 (+264%), from €5,237 to €19,079
of which Non-recurring financial income: +€13,036
- Depreciation +€10,461
up €10,461 (+16.8%), from €62,323 to €72,784
- Taxes -€10,441
down €10,441 (-38.3%), from €27,276 to €16,835
- Financial charges -€2,183
down €2,183 (-8.8%), from €24,748 to €22,565
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €944,246 | €819,466 | -€124,779 | -13.2% |
| Fixed assets | 21/28 | €762,553 | €699,376 | -€63,177 | -8.3% |
| Tangible fixed assets | 22/27 | €762,553 | €699,376 | -€63,177 | -8.3% |
| Land and buildings | 22 | €278,929 | €262,019 | -€16,909 | -6.1% |
| Plant, machinery and equipment | 23 | €118,323 | €125,311 | +€6,987 | +5.9% |
| Furniture and vehicles | 24 | €29,215 | €64,939 | +€35,724 | +122% |
| Other tangible fixed assets | 26 | €336,086 | €247,106 | -€88,980 | -26.5% |
| Current assets | 29/58 | €181,693 | €120,091 | -€61,602 | -33.9% |
| Stocks and contracts in progress | 3 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Stocks | 30/36 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Amounts receivable within one year | 40/41 | €38,233 | €25,011 | -€13,222 | -34.6% |
| Trade receivables | 40 | €34,889 | €23,250 | -€11,639 | -33.4% |
| Other amounts receivable | 41 | €3,344 | €1,761 | -€1,583 | -47.3% |
| Cash at bank and in hand | 54/58 | €138,460 | €92,373 | -€46,087 | -33.3% |
| Deferred charges and accrued income | 490/1 | - | €207 | +€207 | |
| Total equity and liabilities | 10/49 | €944,246 | €819,466 | -€124,779 | -13.2% |
| Equity | 10/15 | €280,894 | €217,569 | -€63,325 | -22.5% |
| Contributions | 10/11 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €280,770 | €217,270 | -€63,500 | -22.6% |
| Distributable reserves | 133 | €280,770 | €217,270 | -€63,500 | -22.6% |
| Profit (loss) carried forward | 14 | €64 | €239 | +€175 | +272% |
| Amounts payable | 17/49 | €663,351 | €601,897 | -€61,454 | -9.3% |
| Amounts payable after more than one year | 17 | €405,679 | €365,812 | -€39,867 | -9.8% |
| Financial debts | 170/4 | €405,679 | €365,812 | -€39,867 | -9.8% |
| Amounts payable within one year | 42/48 | €248,364 | €227,912 | -€20,452 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €38,629 | €39,867 | +€1,239 | +3.2% |
| Trade debts | 44 | €8,857 | €7,925 | -€932 | -10.5% |
| Suppliers | 440/4 | €8,857 | €7,925 | -€932 | -10.5% |
| Taxes, remuneration and social security | 45 | €20,350 | €4,700 | -€15,650 | -76.9% |
| Taxes | 450/3 | €20,350 | €4,700 | -€15,650 | -76.9% |
| Other amounts payable | 47/48 | €180,529 | €175,420 | -€5,109 | -2.8% |
| Accrued charges and deferred income | 492/3 | €9,308 | €8,173 | -€1,135 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,323 | €72,784 | +€10,461 | +16.8% |
| Other operating charges | 640/8 | €4,194 | €3,628 | -€566 | -13.5% |
| Gross operating margin | 9900 | €187,702 | €143,741 | -€43,961 | -23.4% |
| Operating profit (loss) | 9901 | €121,185 | €67,329 | -€53,856 | -44.4% |
| Financial income | 75/76B | €5,237 | €19,079 | +€13,841 | +264% |
| Recurring financial income | 75 | €5,237 | €6,043 | +€806 | +15.4% |
| Non-recurring financial income | 76B | - | €13,036 | +€13,036 | |
| Financial charges | 65/66B | €24,748 | €22,565 | -€2,183 | -8.8% |
| Recurring financial charges | 65 | €24,748 | €22,565 | -€2,183 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €101,674 | €63,843 | -€37,831 | -37.2% |
| Income taxes | 67/77 | €27,276 | €16,835 | -€10,441 | -38.3% |
| Profit (loss) for the period | 9904 | €74,397 | €47,008 | -€27,390 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,397 | €47,008 | -€27,390 | -36.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.