NOSTRINVEST: what changed
NOSTRINVEST
Largest movements
- Tangible fixed assets -€7,320
down €7,320 (-4.3%), from €169,247 to €161,927
of which Plant, machinery and equipment: -€6,584
- Profit (loss) carried forward -€11,899
down €11,899 (-9.8%), from -€122,027 to -€133,926
- Current portion of long-term debt +€4,725
up €4,725 (+13.2%), from €35,759 to €40,484
- Gross operating margin -€3,074
down €3,074, from €2,340 to -€734
- Depreciation -€1,023
down €1,023 (-12.3%), from €8,343 to €7,320
- Other operating charges +€116
up €116 (+3.1%), from €3,729 to €3,845
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 | €169,425 | €162,252 | -€7,174 | -4.2% |
| Fixed assets | 21/28 | €169,247 | €161,927 | -€7,320 | -4.3% |
| Tangible fixed assets | 22/27 | €169,247 | €161,927 | -€7,320 | -4.3% |
| Land and buildings | 22 | €145,326 | €144,590 | -€736 | -0.5% |
| Plant, machinery and equipment | 23 | €23,921 | €17,337 | -€6,584 | -27.5% |
| Current assets | 29/58 | €179 | €325 | +€146 | +81.8% |
| Cash at bank and in hand | 54/58 | €179 | €325 | +€146 | +81.8% |
| Total equity and liabilities | 10/49 | €169,425 | €162,252 | -€7,174 | -4.2% |
| Equity | 10/15 | €125,867 | €113,968 | -€11,899 | -9.5% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,027 | -€133,926 | -€11,899 | -9.8% |
| Amounts payable | 17/49 | €43,559 | €48,284 | +€4,725 | +10.8% |
| Amounts payable within one year | 42/48 | €35,759 | €40,484 | +€4,725 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €35,759 | €40,484 | +€4,725 | +13.2% |
| Accrued charges and deferred income | 492/3 | €7,800 | €7,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,343 | €7,320 | -€1,023 | -12.3% |
| Other operating charges | 640/8 | €3,729 | €3,845 | +€116 | +3.1% |
| Gross operating margin | 9900 | €2,340 | -€734 | -€3,074 | |
| Operating profit (loss) | 9901 | -€9,732 | -€11,899 | -€2,167 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,732 | -€11,899 | -€2,167 | -22.3% |
| Profit (loss) for the period | 9904 | -€9,732 | -€11,899 | -€2,167 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,732 | -€11,899 | -€2,167 | -22.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.