NOSCE ORBIS: 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.
NOSCE ORBIS
Largest movements
- Tangible fixed assets +€552,419
new in 2025: €552,419
- Current investments -€140,000
down €140,000 (-60.9%), from €230,000 to €90,000
- Receivables within one year +€51,156
up €51,156 (+134.0%), from €38,179 to €89,335
- Debts after one year +€254,343
new in 2025: €254,343
- Reserves +€125,108
up €125,108 (+88.9%), from €140,688 to €265,796
- Other debts +€70,029
up €70,029 (+187.7%), from €37,305 to €107,334
- Current portion of long-term debt +€26,410
new in 2025: €26,410
- Tax, wage and social debts -€12,410
down €12,410 (-17.2%), from €72,002 to €59,593
- Depreciation +€72,587
new in 2025: €72,587
- Gross operating margin +€66,122
up €66,122 (+32.9%), from €201,009 to €267,131
- Financial charges +€15,385
up €15,385 (+2825.1%), from €545 to €15,930
- Taxes -€6,619
down €6,619 (-11.2%), from €59,291 to €52,672
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 | €269,396 | €737,157 | +€467,762 | +173.6% |
| Fixed assets | 21/28 | - | €552,419 | +€552,419 | |
| Tangible fixed assets | 22/27 | - | €552,419 | +€552,419 | |
| Land and buildings | 22 | - | €552,419 | +€552,419 | |
| Current assets | 29/58 | €269,396 | €184,738 | -€84,657 | -31.4% |
| Amounts receivable within one year | 40/41 | €38,179 | €89,335 | +€51,156 | +134.0% |
| Trade receivables | 40 | €38,179 | €89,335 | +€51,156 | +134.0% |
| Current investments | 50/53 | €230,000 | €90,000 | -€140,000 | -60.9% |
| Cash at bank and in hand | 54/58 | €1,216 | €5,403 | +€4,187 | +344.2% |
| Total equity and liabilities | 10/49 | €269,396 | €737,157 | +€467,762 | +173.6% |
| Equity | 10/15 | €141,688 | €266,796 | +€125,108 | +88.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €140,688 | €265,796 | +€125,108 | +88.9% |
| Distributable reserves | 133 | €140,688 | €265,796 | +€125,108 | +88.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €127,708 | €470,362 | +€342,654 | +268.3% |
| Amounts payable after more than one year | 17 | - | €254,343 | +€254,343 | |
| Financial debts | 170/4 | - | €254,343 | +€254,343 | |
| Amounts payable within one year | 42/48 | €127,708 | €216,019 | +€88,311 | +69.2% |
| Current portion of amounts payable after more than one year | 42 | - | €26,410 | +€26,410 | |
| Trade debts | 44 | €18,401 | €22,681 | +€4,281 | +23.3% |
| Suppliers | 440/4 | €18,401 | €22,681 | +€4,281 | +23.3% |
| Taxes, remuneration and social security | 45 | €72,002 | €59,593 | -€12,410 | -17.2% |
| Taxes | 450/3 | €72,002 | €59,593 | -€12,410 | -17.2% |
| Other amounts payable | 47/48 | €37,305 | €107,334 | +€70,029 | +187.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €72,587 | +€72,587 | |
| Other operating charges | 640/8 | €516 | €575 | +€58 | +11.3% |
| Gross operating margin | 9900 | €201,009 | €267,131 | +€66,122 | +32.9% |
| Operating profit (loss) | 9901 | €200,493 | €193,970 | -€6,523 | -3.3% |
| Financial income | 75/76B | €31 | €1,406 | +€1,376 | +4495.7% |
| Recurring financial income | 75 | €31 | €1,406 | +€1,376 | +4495.7% |
| Financial charges | 65/66B | €545 | €15,930 | +€15,385 | +2825.1% |
| Recurring financial charges | 65 | €545 | €15,930 | +€15,385 | +2825.1% |
| Profit (loss) for the period before taxes | 9903 | €199,979 | €179,446 | -€20,533 | -10.3% |
| Income taxes | 67/77 | €59,291 | €52,672 | -€6,619 | -11.2% |
| Profit (loss) for the period | 9904 | €140,688 | €126,774 | -€13,914 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €140,688 | €126,774 | -€13,914 | -9.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.