NOSHAQ ENERGY: what changed
NOSHAQ ENERGY
Largest movements
- Financial fixed assets +€5.3m
up €5.3m (+106%), from €5.0m to €10.3m
of which Other financial fixed assets: +€3.0m
- Cash -€567,639
down €567,639 (-74.2%), from €765,132 to €197,493
mainly Investment in fixed assets (net) (-€5.3m) and Net result for the year (-€1.7m)
- Contributions +€5.8m
up €5.8m (+100%), from €5.8m to €11.5m
- Profit (loss) carried forward -€1.7m
down €1.7m (-701%), from -€239,989 to -€1.9m
- Trade debts +€518,521
up €518,521 (+15,522%), from €3,341 to €521,861
- Other debts +€385,552
up €385,552 (+7,078%), from €5,447 to €390,999
- Accrued charges and deferred income -€263,623
down €263,623 (-99.1%), from €266,010 to €2,387
- Financial charges +€1.4m
up €1.4m (+415,176%), from €346 to €1.4m
of which Non-recurring financial charges: +€1.4m
- Services and other goods -€96,632
down €96,632 (-35.3%), from €273,793 to €177,161
- Other operating charges +€88,630
up €88,630 (+4,158%), from €2,131 to €90,761
- Turnover -€8,000
down €8,000 (-100%), from €8,000 to €0
- Financial income -€4,771
down €4,771 (-16.9%), from €28,281 to €23,509
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,785,853 | €10,493,286 | +€4.7m | +81.4% |
| Fixed assets | 21/28 | €4,997,613 | €10,281,016 | +€5.3m | +106% |
| Financial fixed assets | 28 | €4,997,613 | €10,281,016 | +€5.3m | +106% |
| Affiliated companies | 280/1 | €2,500,000 | €2,500,000 | = | 0.0% |
| Participating interests | 280 | €2,500,000 | €2,500,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | - | €2,283,205 | +€2.3m | |
| Participating interests | 282 | - | €2,283,205 | +€2.3m | |
| Other financial fixed assets | 284/8 | €2,497,613 | €5,497,811 | +€3.0m | +120% |
| Shares | 284 | €1,697,613 | €4,647,811 | +€3.0m | +174% |
| Amounts receivable and cash guarantees | 285/8 | €800,000 | €850,000 | +€50,000 | +6.3% |
| Current assets | 29/58 | €788,239 | €212,271 | -€575,969 | -73.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,813 | €5,889 | +€2,076 | +54.4% |
| Trade receivables | 40 | €3,630 | €4,303 | +€673 | +18.6% |
| Other amounts receivable | 41 | €183 | €1,585 | +€1,402 | +766% |
| Cash at bank and in hand | 54/58 | €765,132 | €197,493 | -€567,639 | -74.2% |
| Deferred charges and accrued income | 490/1 | €19,295 | €8,889 | -€10,405 | -53.9% |
| Total equity and liabilities | 10/49 | €5,785,853 | €10,493,286 | +€4.7m | +81.4% |
| Equity | 10/15 | €5,510,011 | €9,578,038 | +€4.1m | +73.8% |
| Contributions | 10/11 | €5,750,000 | €11,500,000 | +€5.8m | +100% |
| Capital | 10 | €5,750,000 | €11,500,000 | +€5.8m | +100% |
| Issued capital | 100 | €11,500,000 | €11,500,000 | = | 0.0% |
| Uncalled capital | 101 | €5,750,000 | €0 | -€5.8m | -100% |
| Profit (loss) carried forward | 14 | -€239,989 | -€1,921,962 | -€1.7m | -701% |
| Amounts payable | 17/49 | €275,842 | €915,248 | +€639,406 | +232% |
| Amounts payable within one year | 42/48 | €9,832 | €912,860 | +€903,029 | +9,185% |
| Trade debts | 44 | €3,341 | €521,861 | +€518,521 | +15,522% |
| Suppliers | 440/4 | €3,341 | €521,861 | +€518,521 | +15,522% |
| Taxes, remuneration and social security | 45 | €1,044 | €0 | -€1,044 | -100% |
| Taxes | 450/3 | €1,044 | €0 | -€1,044 | -100% |
| Other amounts payable | 47/48 | €5,447 | €390,999 | +€385,552 | +7,078% |
| Accrued charges and deferred income | 492/3 | €266,010 | €2,387 | -€263,623 | -99.1% |
| Operating income | 70/76A | €8,000 | €0 | -€8,000 | -100% |
| Turnover | 70 | €8,000 | €0 | -€8,000 | -100% |
| Operating charges | 60/66A | €275,924 | €267,922 | -€8,002 | -2.9% |
| Services and other goods | 61 | €273,793 | €177,161 | -€96,632 | -35.3% |
| Other operating charges | 640/8 | €2,131 | €90,761 | +€88,630 | +4,158% |
| Operating profit (loss) | 9901 | -€267,924 | -€267,922 | +€2 | 0.0% |
| Financial income | 75/76B | €28,281 | €23,509 | -€4,771 | -16.9% |
| Recurring financial income | 75 | €28,281 | €23,509 | -€4,771 | -16.9% |
| Income from financial fixed assets | 750 | €28,281 | €23,509 | -€4,771 | -16.9% |
| Financial charges | 65/66B | €346 | €1,437,560 | +€1.4m | +415,176% |
| Recurring financial charges | 65 | €346 | €3,746 | +€3,400 | +982% |
| Debt charges | 650 | - | €78 | +€78 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €3,397 | +€3,397 | |
| Other financial charges | 652/9 | €346 | €272 | -€75 | -21.6% |
| Non-recurring financial charges | 66B | - | €1,433,813 | +€1.4m | |
| Profit (loss) for the period before taxes | 9903 | -€239,989 | -€1,681,973 | -€1.4m | -601% |
| Profit (loss) for the period | 9904 | -€239,989 | -€1,681,973 | -€1.4m | -601% |
| Profit (loss) for the period to be appropriated | 9905 | -€239,989 | -€1,681,973 | -€1.4m | -601% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.