NOUCKI: 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.
NOUCKI
Largest movements
- Cash +€16,626
up €16,626 (+28.0%), from €59,331 to €75,957
mainly Net result for the year (+€12,897) and Receivables within one year (+€11,107)
- Receivables within one year -€11,107
down €11,107 (-33.8%), from €32,867 to €21,760
of which Other amounts receivable: -€11,107
- Deferred charges and accrued income +€2,796
up €2,796 (+281.2%), from €994 to €3,790
- Reserves +€12,897
up €12,897 (+46.2%), from €27,932 to €40,829
- Trade debts -€9,990
down €9,990 (-18.7%), from €53,479 to €43,488
- Tax, wage and social debts +€7,218
up €7,218 (+85.9%), from €8,403 to €15,621
of which Taxes: +€7,218
- Accrued charges and deferred income -€1,238
down €1,238 (-90.8%), from €1,363 to €125
- Gross operating margin +€7,611
up €7,611 (+66.9%), from €11,380 to €18,991
- Taxes +€1,966
up €1,966 (+73.7%), from €2,666 to €4,632
- Other operating charges -€321
down €321 (-20.6%), from €1,556 to €1,235
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 | €94,188 | €103,075 | +€8,887 | +9.4% |
| Fixed assets | 21/28 | €996 | €1,567 | +€572 | +57.4% |
| Tangible fixed assets | 22/27 | €996 | €1,567 | +€572 | +57.4% |
| Furniture and vehicles | 24 | €996 | €1,567 | +€572 | +57.4% |
| Current assets | 29/58 | €93,192 | €101,508 | +€8,316 | +8.9% |
| Amounts receivable within one year | 40/41 | €32,867 | €21,760 | -€11,107 | -33.8% |
| Trade receivables | 40 | €14,520 | €14,520 | = | 0.0% |
| Other amounts receivable | 41 | €18,347 | €7,240 | -€11,107 | -60.5% |
| Cash at bank and in hand | 54/58 | €59,331 | €75,957 | +€16,626 | +28.0% |
| Deferred charges and accrued income | 490/1 | €994 | €3,790 | +€2,796 | +281.2% |
| Total equity and liabilities | 10/49 | €94,188 | €103,075 | +€8,887 | +9.4% |
| Equity | 10/15 | €30,932 | €43,829 | +€12,897 | +41.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,932 | €40,829 | +€12,897 | +46.2% |
| Distributable reserves | 133 | €27,932 | €40,829 | +€12,897 | +46.2% |
| Amounts payable | 17/49 | €63,257 | €59,246 | -€4,010 | -6.3% |
| Amounts payable within one year | 42/48 | €61,893 | €59,121 | -€2,772 | -4.5% |
| Financial debts | 43 | €12 | €12 | = | 0.0% |
| Credit institutions | 430/8 | €12 | €12 | = | 0.0% |
| Trade debts | 44 | €53,479 | €43,488 | -€9,990 | -18.7% |
| Suppliers | 440/4 | €53,479 | €43,488 | -€9,990 | -18.7% |
| Taxes, remuneration and social security | 45 | €8,403 | €15,621 | +€7,218 | +85.9% |
| Taxes | 450/3 | €6,099 | €13,317 | +€7,218 | +118.4% |
| Remuneration and social security | 454/9 | €2,304 | €2,304 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,363 | €125 | -€1,238 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,035 | €990 | -€45 | -4.4% |
| Other operating charges | 640/8 | €1,556 | €1,235 | -€321 | -20.6% |
| Gross operating margin | 9900 | €11,380 | €18,991 | +€7,611 | +66.9% |
| Operating profit (loss) | 9901 | €8,790 | €16,767 | +€7,977 | +90.8% |
| Financial income | 75/76B | €1,019 | €861 | -€159 | -15.6% |
| Recurring financial income | 75 | €1,019 | €861 | -€159 | -15.6% |
| Financial charges | 65/66B | €194 | €98 | -€96 | -49.6% |
| Recurring financial charges | 65 | €194 | €98 | -€96 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €9,615 | €17,530 | +€7,915 | +82.3% |
| Income taxes | 67/77 | €2,666 | €4,632 | +€1,966 | +73.7% |
| Profit (loss) for the period | 9904 | €6,949 | €12,897 | +€5,948 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,949 | €12,897 | +€5,948 | +85.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.