NOSIM Management: 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.
NOSIM Management
Largest movements
- Cash +€144,913
up €144,913 (+74.0%), from €195,718 to €340,630
mainly Net result for the year (+€134,415) and Depreciation (+€10,718)
- Tangible fixed assets -€10,718
down €10,718 (-25.3%), from €42,304 to €31,587
- Reserves +€134,415
up €134,415 (+93.0%), from €144,470 to €278,885
- Gross operating margin -€18,625
down €18,625 (-8.3%), from €223,497 to €204,872
- Taxes -€5,218
down €5,218 (-8.2%), from €63,893 to €58,675
- Other operating charges -€2,941
down €2,941 (-76.6%), from €3,839 to €899
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 | €238,713 | €373,827 | +€135,113 | +56.6% |
| Fixed assets | 21/28 | €42,304 | €31,587 | -€10,718 | -25.3% |
| Tangible fixed assets | 22/27 | €42,304 | €31,587 | -€10,718 | -25.3% |
| Furniture and vehicles | 24 | €42,304 | €31,587 | -€10,718 | -25.3% |
| Current assets | 29/58 | €196,409 | €342,240 | +€145,831 | +74.2% |
| Amounts receivable within one year | 40/41 | - | €1,005 | +€1,005 | |
| Trade receivables | 40 | - | €1,005 | +€1,005 | |
| Cash at bank and in hand | 54/58 | €195,718 | €340,630 | +€144,913 | +74.0% |
| Deferred charges and accrued income | 490/1 | €691 | €604 | -€87 | -12.6% |
| Total equity and liabilities | 10/49 | €238,713 | €373,827 | +€135,113 | +56.6% |
| Equity | 10/15 | €159,970 | €293,885 | +€133,915 | +83.7% |
| Contributions | 10/11 | €15,500 | €15,000 | -€500 | -3.2% |
| Reserves | 13 | €144,470 | €278,885 | +€134,415 | +93.0% |
| Distributable reserves | 133 | €144,470 | €278,885 | +€134,415 | +93.0% |
| Amounts payable | 17/49 | €78,743 | €79,942 | +€1,199 | +1.5% |
| Amounts payable within one year | 42/48 | €78,743 | €79,442 | +€699 | +0.9% |
| Trade debts | 44 | €40 | €196 | +€155 | +384% |
| Suppliers | 440/4 | €40 | €196 | +€155 | +384% |
| Taxes, remuneration and social security | 45 | €78,703 | €79,246 | +€543 | +0.7% |
| Taxes | 450/3 | €78,703 | €79,246 | +€543 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,283 | €10,718 | -€566 | -5.0% |
| Other operating charges | 640/8 | €3,839 | €899 | -€2,941 | -76.6% |
| Gross operating margin | 9900 | €223,497 | €204,872 | -€18,625 | -8.3% |
| Operating profit (loss) | 9901 | €208,374 | €193,256 | -€15,119 | -7.3% |
| Financial charges | 65/66B | €12 | €166 | +€154 | +1,325% |
| Recurring financial charges | 65 | €12 | €166 | +€154 | +1,325% |
| Profit (loss) for the period before taxes | 9903 | €208,363 | €193,089 | -€15,273 | -7.3% |
| Income taxes | 67/77 | €63,893 | €58,675 | -€5,218 | -8.2% |
| Profit (loss) for the period | 9904 | €144,470 | €134,415 | -€10,055 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €144,470 | €134,415 | -€10,055 | -7.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.