NOSCEON: 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.
NOSCEON
Largest movements
- Cash -€68,475
down €68,475 (-22.6%), from €303,435 to €234,959
mainly Other debts (-€67,823) and Contributions, distributions and other (-€31,643)
- Receivables within one year +€26,824
up €26,824 (+153%), from €17,564 to €44,387
of which Trade receivables: +€27,213
- Other debts -€67,823
down €67,823 (-82.8%), from €81,952 to €14,129
- Reserves +€19,740
up €19,740 (+9.2%), from €213,589 to €233,329
- Gross operating margin +€12,850
up €12,850 (+20.1%), from €63,817 to €76,667
- Taxes +€3,606
up €3,606 (+22.1%), from €16,352 to €19,958
- Financial charges +€1,101
up €1,101 (+33.6%), from €3,272 to €4,373
- Other operating charges -€922
down €922 (-47.0%), from €1,960 to €1,038
- Financial income +€824
up €824 (+96.1%), from €857 to €1,681
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 | €329,078 | €285,959 | -€43,119 | -13.1% |
| Fixed assets | 21/28 | €4,141 | €2,546 | -€1,595 | -38.5% |
| Tangible fixed assets | 22/27 | €4,141 | €2,546 | -€1,595 | -38.5% |
| Furniture and vehicles | 24 | €4,141 | €2,546 | -€1,595 | -38.5% |
| Current assets | 29/58 | €324,937 | €283,413 | -€41,524 | -12.8% |
| Amounts receivable within one year | 40/41 | €17,564 | €44,387 | +€26,824 | +153% |
| Trade receivables | 40 | €17,165 | €44,378 | +€27,213 | +159% |
| Other amounts receivable | 41 | €398 | €9 | -€389 | -97.7% |
| Cash at bank and in hand | 54/58 | €303,435 | €234,959 | -€68,475 | -22.6% |
| Deferred charges and accrued income | 490/1 | €3,939 | €4,067 | +€127 | +3.2% |
| Total equity and liabilities | 10/49 | €329,078 | €285,959 | -€43,119 | -13.1% |
| Equity | 10/15 | €232,189 | €251,929 | +€19,740 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,589 | €233,329 | +€19,740 | +9.2% |
| Distributable reserves | 133 | €213,589 | €233,329 | +€19,740 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,889 | €34,030 | -€62,860 | -64.9% |
| Amounts payable within one year | 42/48 | €91,506 | €27,681 | -€63,825 | -69.7% |
| Financial debts | 43 | €187 | €366 | +€179 | +96.0% |
| Credit institutions | 430/8 | €187 | €366 | +€179 | +96.0% |
| Trade debts | 44 | €349 | €1,279 | +€930 | +267% |
| Suppliers | 440/4 | €349 | €1,279 | +€930 | +267% |
| Taxes, remuneration and social security | 45 | €9,019 | €11,907 | +€2,888 | +32.0% |
| Taxes | 450/3 | €6,501 | €6,858 | +€356 | +5.5% |
| Remuneration and social security | 454/9 | €2,517 | €5,049 | +€2,532 | +101% |
| Other amounts payable | 47/48 | €81,952 | €14,129 | -€67,823 | -82.8% |
| Accrued charges and deferred income | 492/3 | €5,383 | €6,348 | +€965 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,242 | €1,595 | +€353 | +28.4% |
| Other operating charges | 640/8 | €1,960 | €1,038 | -€922 | -47.0% |
| Gross operating margin | 9900 | €63,817 | €76,667 | +€12,850 | +20.1% |
| Operating profit (loss) | 9901 | €60,615 | €74,034 | +€13,419 | +22.1% |
| Financial income | 75/76B | €857 | €1,681 | +€824 | +96.1% |
| Recurring financial income | 75 | €857 | €1,681 | +€824 | +96.1% |
| Financial charges | 65/66B | €3,272 | €4,373 | +€1,101 | +33.6% |
| Recurring financial charges | 65 | €3,272 | €4,373 | +€1,101 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €58,200 | €71,342 | +€13,142 | +22.6% |
| Income taxes | 67/77 | €16,352 | €19,958 | +€3,606 | +22.1% |
| Profit (loss) for the period | 9904 | €41,848 | €51,384 | +€9,535 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,848 | €51,384 | +€9,535 | +22.8% |
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 15 October 2026 via checked.be.