NOSH CONCEPTS: what changed
Two fiscal 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.
NOSH CONCEPTS
Largest movements
- Tangible fixed assets -€11,277
down €11,277 (-21.9%), from €51,445 to €40,168
of which Other tangible fixed assets: -€6,187
- Cash +€8,589
up €8,589 (+45.9%), from €18,721 to €27,310
mainly Depreciation (+€14,261) and Net result for the year (+€11,189)
- Intangible fixed assets -€2,984
down €2,984 (-20.8%), from €14,362 to €11,379
- Receivables within one year +€1,373
up €1,373 (+31.0%), from €4,428 to €5,801
of which Trade receivables: +€1,565
- Trade debts -€14,735
down €14,735 (-47.8%), from €30,799 to €16,064
- Profit (loss) carried forward +€11,189
up €11,189 (+98.0%), from -€11,421 to -€231
- Debts after one year -€7,663
down €7,663 (-23.9%), from €32,076 to €24,413
- Tax, wage and social debts +€6,141
up €6,141 (+756.0%), from €812 to €6,954
- Gross operating margin +€32,719
up €32,719 (+2532.7%), from €1,292 to €34,010
- Depreciation +€3,753
up €3,753 (+35.7%), from €10,508 to €14,261
- Taxes +€3,098
new in 2025: €3,098
- Financial charges +€1,828
up €1,828 (+161.1%), from €1,134 to €2,962
- Other operating charges +€1,429
up €1,429 (+133.5%), from €1,071 to €2,500
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 | €90,897 | €86,128 | -€4,769 | -5.2% |
| Fixed assets | 21/28 | €65,808 | €51,547 | -€14,261 | -21.7% |
| Intangible fixed assets | 21 | €14,362 | €11,379 | -€2,984 | -20.8% |
| Tangible fixed assets | 22/27 | €51,445 | €40,168 | -€11,277 | -21.9% |
| Plant, machinery and equipment | 23 | €15,477 | €12,222 | -€3,255 | -21.0% |
| Furniture and vehicles | 24 | €6,460 | €4,625 | -€1,835 | -28.4% |
| Other tangible fixed assets | 26 | €29,509 | €23,321 | -€6,187 | -21.0% |
| Current assets | 29/58 | €25,089 | €34,581 | +€9,492 | +37.8% |
| Stocks and contracts in progress | 3 | €1,939 | €1,470 | -€470 | -24.2% |
| Stocks | 30/36 | €1,939 | €1,470 | -€470 | -24.2% |
| Amounts receivable within one year | 40/41 | €4,428 | €5,801 | +€1,373 | +31.0% |
| Trade receivables | 40 | €736 | €2,301 | +€1,565 | +212.7% |
| Other amounts receivable | 41 | €3,693 | €3,500 | -€193 | -5.2% |
| Cash at bank and in hand | 54/58 | €18,721 | €27,310 | +€8,589 | +45.9% |
| Total equity and liabilities | 10/49 | €90,897 | €86,128 | -€4,769 | -5.2% |
| Equity | 10/15 | -€2,421 | €8,769 | +€11,189 | |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,421 | -€231 | +€11,189 | +98.0% |
| Amounts payable | 17/49 | €93,317 | €77,359 | -€15,959 | -17.1% |
| Amounts payable after more than one year | 17 | €32,076 | €24,413 | -€7,663 | -23.9% |
| Financial debts | 170/4 | €32,076 | €24,413 | -€7,663 | -23.9% |
| Amounts payable within one year | 42/48 | €61,241 | €52,946 | -€8,295 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €7,328 | €7,663 | +€335 | +4.6% |
| Trade debts | 44 | €30,799 | €16,064 | -€14,735 | -47.8% |
| Suppliers | 440/4 | €30,799 | €16,064 | -€14,735 | -47.8% |
| Advances received on contracts in progress | 46 | €1,451 | €1,686 | +€235 | +16.2% |
| Taxes, remuneration and social security | 45 | €812 | €6,954 | +€6,141 | +756.0% |
| Taxes | 450/3 | €812 | €6,954 | +€6,141 | +756.0% |
| Other amounts payable | 47/48 | €20,851 | €20,579 | -€272 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,508 | €14,261 | +€3,753 | +35.7% |
| Other operating charges | 640/8 | €1,071 | €2,500 | +€1,429 | +133.5% |
| Gross operating margin | 9900 | €1,292 | €34,010 | +€32,719 | +2532.7% |
| Operating profit (loss) | 9901 | -€10,287 | €17,249 | +€27,536 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -43.5% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -43.5% |
| Financial charges | 65/66B | €1,134 | €2,962 | +€1,828 | +161.1% |
| Recurring financial charges | 65 | €1,134 | €2,962 | +€1,828 | +161.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,421 | €14,288 | +€25,708 | |
| Income taxes | 67/77 | - | €3,098 | +€3,098 | |
| Profit (loss) for the period | 9904 | -€11,421 | €11,189 | +€22,610 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,421 | €11,189 | +€22,610 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.