Nospec: 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.
Nospec
Largest movements
- Receivables within one year -€17,989
down €17,989 (-36.0%), from €50,014 to €32,025
of which Trade receivables: -€12,428
- Tangible fixed assets -€9,698
down €9,698 (-9.0%), from €108,113 to €98,416
of which Land and buildings: -€9,196
- Cash +€3,093
up €3,093 (+92.5%), from €3,343 to €6,437
mainly Receivables within one year (+€17,989) and Depreciation (+€11,070)
- Deferred charges and accrued income +€3,022
up €3,022 (+1224.5%), from €247 to €3,269
- Debts after one year -€15,075
down €15,075 (-17.8%), from €84,832 to €69,757
- Trade debts -€10,539
down €10,539 (-95.5%), from €11,031 to €492
- Profit (loss) carried forward +€2,887
up €2,887 (+14.2%), from -€20,361 to -€17,474
- Gross operating margin +€50,845
up €50,845, from -€28,152 to €22,693
- Write-downs +€3,425
new in 2025: €3,425
- Financial charges -€1,191
down €1,191 (-30.1%), from €3,955 to €2,763
- Other operating charges +€315
up €315 (+14.1%), from €2,231 to €2,546
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 | €161,717 | €140,146 | -€21,571 | -13.3% |
| Fixed assets | 21/28 | €108,113 | €98,416 | -€9,698 | -9.0% |
| Tangible fixed assets | 22/27 | €108,113 | €98,416 | -€9,698 | -9.0% |
| Land and buildings | 22 | €106,391 | €97,196 | -€9,196 | -8.6% |
| Plant, machinery and equipment | 23 | €903 | €73 | -€829 | -91.9% |
| Furniture and vehicles | 24 | €819 | €1,147 | +€327 | +40.0% |
| Current assets | 29/58 | €53,604 | €41,731 | -€11,873 | -22.2% |
| Amounts receivable within one year | 40/41 | €50,014 | €32,025 | -€17,989 | -36.0% |
| Trade receivables | 40 | €41,493 | €29,065 | -€12,428 | -30.0% |
| Other amounts receivable | 41 | €8,521 | €2,960 | -€5,561 | -65.3% |
| Cash at bank and in hand | 54/58 | €3,343 | €6,437 | +€3,093 | +92.5% |
| Deferred charges and accrued income | 490/1 | €247 | €3,269 | +€3,022 | +1224.5% |
| Total equity and liabilities | 10/49 | €161,717 | €140,146 | -€21,571 | -13.3% |
| Equity | 10/15 | €9,033 | €11,920 | +€2,887 | +32.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,194 | €23,194 | = | 0.0% |
| Distributable reserves | 133 | €23,194 | €23,194 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,361 | -€17,474 | +€2,887 | +14.2% |
| Amounts payable | 17/49 | €152,685 | €128,227 | -€24,458 | -16.0% |
| Amounts payable after more than one year | 17 | €84,832 | €69,757 | -€15,075 | -17.8% |
| Financial debts | 170/4 | €84,832 | €69,757 | -€15,075 | -17.8% |
| Amounts payable within one year | 42/48 | €67,853 | €58,470 | -€9,383 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €14,711 | €15,075 | +€364 | +2.5% |
| Trade debts | 44 | €11,031 | €492 | -€10,539 | -95.5% |
| Suppliers | 440/4 | €11,031 | €492 | -€10,539 | -95.5% |
| Taxes, remuneration and social security | 45 | - | €653 | +€653 | |
| Taxes | 450/3 | - | €653 | +€653 | |
| Other amounts payable | 47/48 | €42,110 | €42,250 | +€139 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,882 | €11,070 | +€188 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,425 | +€3,425 | |
| Other operating charges | 640/8 | €2,231 | €2,546 | +€315 | +14.1% |
| Gross operating margin | 9900 | -€28,152 | €22,693 | +€50,845 | |
| Operating profit (loss) | 9901 | -€41,266 | €5,651 | +€46,917 | |
| Financial charges | 65/66B | €3,955 | €2,763 | -€1,191 | -30.1% |
| Recurring financial charges | 65 | €3,955 | €2,763 | -€1,191 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | -€45,221 | €2,887 | +€48,108 | |
| Profit (loss) for the period | 9904 | -€45,221 | €2,887 | +€48,108 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,221 | €2,887 | +€48,108 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.