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NOSIMMO: 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.

What changed

NOSIMMO

BE 0808.984.156
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€181,186
2023 · -€166,946+€348,132
Equity
-€377,532
2023 · -€558,718+€181,186
Cash
€252,925
2023 · €818,629-€565,704
Balance sheet total
€4.3m
2023 · €4.7m-€454,155

Largest movements

2023 to 2024
Assets
  • Cash -€565,704

    down €565,704 (-69.1%), from €818,629 to €252,925

    mainly Debts after one year (-€675,000) and Investment in fixed assets (net) (-€252,780)

  • Tangible fixed assets +€115,550

    up €115,550 (+3.0%), from €3.9m to €4.0m

    of which Land and buildings: +€106,310

Equity and liabilities
  • Debts after one year -€675,000

    down €675,000 (-13.2%), from €5.1m to €4.5m

  • Profit (loss) carried forward +€181,186

    up €181,186 (+18.9%), from -€958,718 to -€777,532

Income statement
  • Gross operating margin +€308,865

    up €308,865 (+139.7%), from €221,168 to €530,033

  • Financial charges -€33,004

    down €33,004 (-14.4%), from €229,939 to €196,935

  • Depreciation -€8,291

    down €8,291 (-5.7%), from €145,521 to €137,230

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€166,946
Gross operating margin +€308,865
Depreciation +€8,291
Other operating charges -€2,539
Financial income +€2,662
Financial charges +€33,004
Taxes -€2,151
Result 2024 €181,186

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€362,076
Investment -€252,780
Financing -€675,000
Cash 2023 €818,629
Net result for the year +€181,186
Depreciation +€137,230
Receivables within one year +€4,314
Deferred charges and accrued income -€313
Trade debts -€7,179
Tax, wage and social debts +€8,437
Other debts +€38,401
Investment in fixed assets (net) -€252,780
Debts after one year -€675,000
Cash 2024 €252,925
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €4,744,318 €4,290,163 -€454,155 -9.6%
Fixed assets 21/28 €3,897,549 €4,013,099 +€115,550 +3.0%
Tangible fixed assets 22/27 €3,897,549 €4,013,099 +€115,550 +3.0%
Land and buildings 22 €3,826,686 €3,932,996 +€106,310 +2.8%
Furniture and vehicles 24 €33,303 €23,865 -€9,438 -28.3%
Other tangible fixed assets 26 €37,560 €27,738 -€9,822 -26.2%
Assets under construction and advance payments 27 - €28,500 +€28,500
Current assets 29/58 €846,769 €277,064 -€569,705 -67.3%
Amounts receivable within one year 40/41 €28,140 €23,826 -€4,314 -15.3%
Other amounts receivable 41 €28,140 €23,826 -€4,314 -15.3%
Cash at bank and in hand 54/58 €818,629 €252,925 -€565,704 -69.1%
Deferred charges and accrued income 490/1 - €313 +€313
Total equity and liabilities 10/49 €4,744,318 €4,290,163 -€454,155 -9.6%
Equity 10/15 -€558,718 -€377,532 +€181,186 +32.4%
Contributions 10/11 €400,000 €400,000 = 0.0%
Capital 10 €400,000 €400,000 = 0.0%
Issued capital 100 €400,000 €400,000 = 0.0%
Profit (loss) carried forward 14 -€958,718 -€777,532 +€181,186 +18.9%
Amounts payable 17/49 €5,303,036 €4,667,695 -€635,341 -12.0%
Amounts payable after more than one year 17 €5,125,000 €4,450,000 -€675,000 -13.2%
Financial debts 170/4 €5,125,000 €4,450,000 -€675,000 -13.2%
Amounts payable within one year 42/48 €176,939 €216,598 +€39,659 +22.4%
Trade debts 44 €7,726 €547 -€7,179 -92.9%
Suppliers 440/4 €7,726 €547 -€7,179 -92.9%
Taxes, remuneration and social security 45 - €8,437 +€8,437
Taxes 450/3 - €8,437 +€8,437
Other amounts payable 47/48 €169,213 €207,614 +€38,401 +22.7%
Accrued charges and deferred income 492/3 €1,097 €1,097 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €145,521 €137,230 -€8,291 -5.7%
Other operating charges 640/8 €12,654 €15,193 +€2,539 +20.1%
Gross operating margin 9900 €221,168 €530,033 +€308,865 +139.7%
Operating profit (loss) 9901 €62,993 €377,610 +€314,617 +499.4%
Financial income 75/76B - €2,662 +€2,662
Recurring financial income 75 - €2,662 +€2,662
Financial charges 65/66B €229,939 €196,935 -€33,004 -14.4%
Recurring financial charges 65 €229,939 €196,935 -€33,004 -14.4%
Profit (loss) for the period before taxes 9903 -€166,946 €183,337 +€350,283
Income taxes 67/77 - €2,151 +€2,151
Profit (loss) for the period 9904 -€166,946 €181,186 +€348,132
Profit (loss) for the period to be appropriated 9905 -€166,946 €181,186 +€348,132

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.