NOTech: 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.
NOTech
Largest movements
- Cash -€60,868
down €60,868 (-52.8%), from €115,300 to €54,431
mainly Net result for the year (-€49,942) and Tax, wage and social debts (-€9,202)
- Tangible fixed assets -€2,291
down €2,291 (-45.6%), from €5,025 to €2,735
of which Plant, machinery and equipment: -€2,291
- Receivables within one year +€2,098
up €2,098 (+21.8%), from €9,631 to €11,730
of which Trade receivables: +€8,106
- Profit (loss) carried forward -€49,942
down €49,942, from €0 to -€49,942
- Tax, wage and social debts -€9,202
down €9,202 (-78.9%), from €11,670 to €2,468
of which Taxes: -€6,202
- Other debts -€2,090
down €2,090 (-7.5%), from €27,734 to €25,644
- Gross operating margin -€55,628
down €55,628, from €8,817 to -€46,811
- Taxes -€1,369
down €1,369 (-83.7%), from €1,636 to €266
- Depreciation -€891
down €891 (-28.0%), from €3,182 to €2,291
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 | €131,527 | €70,528 | -€60,999 | -46.4% |
| Fixed assets | 21/28 | €5,025 | €2,735 | -€2,291 | -45.6% |
| Tangible fixed assets | 22/27 | €5,025 | €2,735 | -€2,291 | -45.6% |
| Plant, machinery and equipment | 23 | €5,025 | €2,735 | -€2,291 | -45.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €126,502 | €67,793 | -€58,709 | -46.4% |
| Amounts receivable within one year | 40/41 | €9,631 | €11,730 | +€2,098 | +21.8% |
| Trade receivables | 40 | €3,267 | €11,373 | +€8,106 | +248.1% |
| Other amounts receivable | 41 | €6,364 | €356 | -€6,008 | -94.4% |
| Cash at bank and in hand | 54/58 | €115,300 | €54,431 | -€60,868 | -52.8% |
| Deferred charges and accrued income | 490/1 | €1,571 | €1,632 | +€61 | +3.9% |
| Total equity and liabilities | 10/49 | €131,527 | €70,528 | -€60,999 | -46.4% |
| Equity | 10/15 | €91,509 | €41,567 | -€49,942 | -54.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,309 | €85,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,449 | €83,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€49,942 | -€49,942 | |
| Amounts payable | 17/49 | €40,018 | €28,961 | -€11,057 | -27.6% |
| Amounts payable within one year | 42/48 | €40,018 | €28,439 | -€11,579 | -28.9% |
| Trade debts | 44 | €614 | €327 | -€287 | -46.7% |
| Suppliers | 440/4 | €614 | €327 | -€287 | -46.7% |
| Taxes, remuneration and social security | 45 | €11,670 | €2,468 | -€9,202 | -78.9% |
| Taxes | 450/3 | €8,670 | €2,468 | -€6,202 | -71.5% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100.0% |
| Other amounts payable | 47/48 | €27,734 | €25,644 | -€2,090 | -7.5% |
| Accrued charges and deferred income | 492/3 | - | €522 | +€522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,182 | €2,291 | -€891 | -28.0% |
| Other operating charges | 640/8 | €735 | €464 | -€271 | -36.9% |
| Gross operating margin | 9900 | €8,817 | -€46,811 | -€55,628 | |
| Operating profit (loss) | 9901 | €4,901 | -€49,565 | -€54,466 | |
| Financial income | 75/76B | €69 | €0 | -€69 | -100.0% |
| Recurring financial income | 75 | €69 | €0 | -€69 | -100.0% |
| Financial charges | 65/66B | €134 | €111 | -€23 | -17.2% |
| Recurring financial charges | 65 | €134 | €111 | -€23 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €4,836 | -€49,676 | -€54,512 | |
| Income taxes | 67/77 | €1,636 | €266 | -€1,369 | -83.7% |
| Profit (loss) for the period | 9904 | €3,201 | -€49,942 | -€53,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,201 | -€49,942 | -€53,143 |
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 8 October 2026 via checked.be.