NOSIE: 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.
NOSIE
Largest movements
- Cash +€348,081
up €348,081 (+1669.1%), from €20,855 to €368,936
mainly Stocks and contracts (+€291,285) and Current investments (+€200,000)
- Stocks and contracts -€291,285
down €291,285 (-43.3%), from €672,170 to €380,885
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Receivables within one year +€16,750
up €16,750 (+2049.7%), from €817 to €17,567
of which Trade receivables: +€16,750
- Current portion of long-term debt -€145,000
down €145,000 (-33.7%), from €430,000 to €285,000
- Reserves +€13,979
up €13,979 (+10.4%), from €134,119 to €148,098
of which Distributable reserves: +€13,979
- Gross operating margin +€31,691
up €31,691 (+101.7%), from €31,149 to €62,841
- Taxes +€12,155
up €12,155 (+1068.6%), from €1,137 to €13,292
- Financial income +€5,727
new in 2025: €5,727
- Other operating charges +€747
up €747 (+127.0%), from €589 to €1,336
- Financial charges +€716
up €716 (+2.8%), from €25,372 to €26,088
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 | €897,427 | €769,321 | -€128,106 | -14.3% |
| Fixed assets | 21/28 | €2,776 | €1,540 | -€1,236 | -44.5% |
| Tangible fixed assets | 22/27 | €2,776 | €1,540 | -€1,236 | -44.5% |
| Plant, machinery and equipment | 23 | €2,545 | €1,428 | -€1,117 | -43.9% |
| Furniture and vehicles | 24 | €231 | €112 | -€119 | -51.6% |
| Current assets | 29/58 | €894,651 | €767,781 | -€126,869 | -14.2% |
| Stocks and contracts in progress | 3 | €672,170 | €380,885 | -€291,285 | -43.3% |
| Stocks | 30/36 | €672,170 | €380,885 | -€291,285 | -43.3% |
| Amounts receivable within one year | 40/41 | €817 | €17,567 | +€16,750 | +2049.7% |
| Trade receivables | 40 | - | €16,750 | +€16,750 | |
| Other amounts receivable | 41 | €817 | €817 | = | 0.0% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,855 | €368,936 | +€348,081 | +1669.1% |
| Deferred charges and accrued income | 490/1 | €809 | €393 | -€415 | -51.4% |
| Total equity and liabilities | 10/49 | €897,427 | €769,321 | -€128,106 | -14.3% |
| Equity | 10/15 | €155,347 | €169,326 | +€13,979 | +9.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €134,119 | €148,098 | +€13,979 | +10.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €134,119 | €148,098 | +€13,979 | +10.4% |
| Profit (loss) carried forward | 14 | €2,678 | €2,678 | = | 0.0% |
| Amounts payable | 17/49 | €742,080 | €599,995 | -€142,084 | -19.1% |
| Amounts payable within one year | 42/48 | €731,605 | €588,267 | -€143,339 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €430,000 | €285,000 | -€145,000 | -33.7% |
| Trade debts | 44 | €8,006 | €6,885 | -€1,121 | -14.0% |
| Suppliers | 440/4 | €8,006 | €6,885 | -€1,121 | -14.0% |
| Taxes, remuneration and social security | 45 | €7,055 | €6,206 | -€849 | -12.0% |
| Taxes | 450/3 | €1,055 | €6,206 | +€5,151 | +488.2% |
| Remuneration and social security | 454/9 | €6,000 | €0 | -€6,000 | -100.0% |
| Other amounts payable | 47/48 | €286,544 | €290,175 | +€3,631 | +1.3% |
| Accrued charges and deferred income | 492/3 | €10,475 | €11,729 | +€1,254 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,395 | €1,236 | -€159 | -11.4% |
| Other operating charges | 640/8 | €589 | €1,336 | +€747 | +127.0% |
| Gross operating margin | 9900 | €31,149 | €62,841 | +€31,691 | +101.7% |
| Operating profit (loss) | 9901 | €29,166 | €60,268 | +€31,103 | +106.6% |
| Financial income | 75/76B | - | €5,727 | +€5,727 | |
| Recurring financial income | 75 | - | €5,727 | +€5,727 | |
| Financial charges | 65/66B | €25,372 | €26,088 | +€716 | +2.8% |
| Recurring financial charges | 65 | €25,372 | €26,088 | +€716 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €3,793 | €39,907 | +€36,114 | +952.1% |
| Income taxes | 67/77 | €1,137 | €13,292 | +€12,155 | +1068.6% |
| Profit (loss) for the period | 9904 | €2,656 | €26,615 | +€23,959 | +902.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,656 | €26,615 | +€23,959 | +902.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.