Notias: 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.
Notias
Largest movements
- Receivables within one year +€399,020
up €399,020 (+46.9%), from €850,718 to €1.2m
of which Other amounts receivable: +€1.2m
- Cash -€50,396
down €50,396 (-94.2%), from €53,484 to €3,088
mainly Receivables within one year (-€399,020) and Tax, wage and social debts (-€28,534)
- Other debts +€215,646
up €215,646 (+49.6%), from €435,133 to €650,779
- Trade debts +€143,963
up €143,963 (+71.8%), from €200,472 to €344,435
- Tax, wage and social debts -€28,534
down €28,534 (-57.9%), from €49,282 to €20,748
of which Taxes: -€18,658
- Reserves +€17,343
up €17,343 (+8.3%), from €209,362 to €226,705
of which Distributable reserves: +€17,343
- Gross operating margin -€556,133
down €556,133 (-84.2%), from €660,416 to €104,283
- Staff costs -€347,295
down €347,295 (-80.3%), from €432,667 to €85,372
- Financial charges -€55,614
down €55,614 (-100.0%), from €55,639 to €25
- Taxes -€35,215
down €35,215 (-81.0%), from €43,487 to €8,272
- Financial income +€7,232
up €7,232 (+2,754%), from €263 to €7,495
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 | €907,724 | €1,256,091 | +€348,367 | +38.4% |
| Fixed assets | 21/28 | €1,385 | €1,385 | = | 0.0% |
| Financial fixed assets | 28 | €1,385 | €1,385 | = | 0.0% |
| Current assets | 29/58 | €906,339 | €1,254,706 | +€348,367 | +38.4% |
| Amounts receivable within one year | 40/41 | €850,718 | €1,249,737 | +€399,020 | +46.9% |
| Trade receivables | 40 | €818,571 | €0 | -€818,571 | -100% |
| Other amounts receivable | 41 | €32,146 | €1,249,737 | +€1.2m | +3,788% |
| Cash at bank and in hand | 54/58 | €53,484 | €3,088 | -€50,396 | -94.2% |
| Deferred charges and accrued income | 490/1 | €2,137 | €1,881 | -€256 | -12.0% |
| Total equity and liabilities | 10/49 | €907,724 | €1,256,091 | +€348,367 | +38.4% |
| Equity | 10/15 | €221,762 | €239,105 | +€17,343 | +7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €209,362 | €226,705 | +€17,343 | +8.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €209,362 | €226,705 | +€17,343 | +8.3% |
| Amounts payable | 17/49 | €685,962 | €1,016,986 | +€331,024 | +48.3% |
| Amounts payable within one year | 42/48 | €684,887 | €1,015,962 | +€331,076 | +48.3% |
| Trade debts | 44 | €200,472 | €344,435 | +€143,963 | +71.8% |
| Suppliers | 440/4 | €200,472 | €344,435 | +€143,963 | +71.8% |
| Taxes, remuneration and social security | 45 | €49,282 | €20,748 | -€28,534 | -57.9% |
| Taxes | 450/3 | €22,031 | €3,373 | -€18,658 | -84.7% |
| Remuneration and social security | 454/9 | €27,251 | €17,375 | -€9,876 | -36.2% |
| Other amounts payable | 47/48 | €435,133 | €650,779 | +€215,646 | +49.6% |
| Accrued charges and deferred income | 492/3 | €1,075 | €1,023 | -€52 | -4.8% |
| Remuneration, social security and pensions | 62 | €432,667 | €85,372 | -€347,295 | -80.3% |
| Other operating charges | 640/8 | €1,831 | €765 | -€1,066 | -58.2% |
| Non-recurring operating charges | 66A | €5,478 | €0 | -€5,478 | -100% |
| Gross operating margin | 9900 | €660,416 | €104,283 | -€556,133 | -84.2% |
| Operating profit (loss) | 9901 | €220,439 | €18,145 | -€202,294 | -91.8% |
| Financial income | 75/76B | €263 | €7,495 | +€7,232 | +2,754% |
| Recurring financial income | 75 | €263 | €7,495 | +€7,232 | +2,754% |
| Financial charges | 65/66B | €55,639 | €25 | -€55,614 | -100.0% |
| Recurring financial charges | 65 | €55,639 | €25 | -€55,614 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €165,063 | €25,615 | -€139,448 | -84.5% |
| Income taxes | 67/77 | €43,487 | €8,272 | -€35,215 | -81.0% |
| Profit (loss) for the period | 9904 | €121,576 | €17,343 | -€104,233 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €121,576 | €17,343 | -€104,233 | -85.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.