Nougatine: 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.
Nougatine
Largest movements
- Cash -€21,663
down €21,663 (-49.0%), from €44,194 to €22,531
mainly Other debts (-€6,449) and Tax, wage and social debts (-€5,133)
- Deferred charges and accrued income +€4,769
new in 2025: €4,769
- Receivables within one year +€3,460
up €3,460 (+469%), from €737 to €4,197
of which Trade receivables: +€3,663
- Tangible fixed assets +€729
up €729 (+11.9%), from €6,109 to €6,838
of which Plant, machinery and equipment: +€1,135
- Other debts -€6,449
down €6,449 (-76.1%), from €8,477 to €2,028
- Tax, wage and social debts -€5,133
down €5,133 (-27.0%), from €18,999 to €13,865
of which Taxes: -€2,698
- Reserves +€3,118
up €3,118 (+13.0%), from €23,970 to €27,088
- Trade debts -€1,534
down €1,534 (-25.0%), from €6,142 to €4,608
- Current portion of long-term debt -€1,274
down €1,274 (-82.9%), from €1,536 to €262
- Gross operating margin -€3,058
down €3,058 (-7.0%), from €43,721 to €40,663
- Staff costs +€1,234
up €1,234 (+4.3%), from €28,930 to €30,164
- Taxes -€933
down €933 (-25.9%), from €3,608 to €2,675
- Financial charges -€478
down €478 (-32.1%), from €1,486 to €1,009
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 | €67,326 | €54,747 | -€12,579 | -18.7% |
| Fixed assets | 21/28 | €6,109 | €6,838 | +€729 | +11.9% |
| Tangible fixed assets | 22/27 | €6,109 | €6,838 | +€729 | +11.9% |
| Plant, machinery and equipment | 23 | €5,025 | €6,160 | +€1,135 | +22.6% |
| Furniture and vehicles | 24 | €1,084 | €678 | -€406 | -37.4% |
| Current assets | 29/58 | €61,216 | €47,908 | -€13,308 | -21.7% |
| Stocks and contracts in progress | 3 | €16,285 | €16,412 | +€127 | +0.8% |
| Stocks | 30/36 | €16,285 | €16,412 | +€127 | +0.8% |
| Amounts receivable within one year | 40/41 | €737 | €4,197 | +€3,460 | +469% |
| Trade receivables | 40 | €448 | €4,111 | +€3,663 | +817% |
| Other amounts receivable | 41 | €289 | €86 | -€203 | -70.3% |
| Cash at bank and in hand | 54/58 | €44,194 | €22,531 | -€21,663 | -49.0% |
| Deferred charges and accrued income | 490/1 | - | €4,769 | +€4,769 | |
| Total equity and liabilities | 10/49 | €67,326 | €54,747 | -€12,579 | -18.7% |
| Equity | 10/15 | €30,170 | €33,288 | +€3,118 | +10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,970 | €27,088 | +€3,118 | +13.0% |
| Distributable reserves | 133 | €23,970 | €27,088 | +€3,118 | +13.0% |
| Amounts payable | 17/49 | €37,156 | €21,459 | -€15,696 | -42.2% |
| Amounts payable after more than one year | 17 | €262 | - | -€262 | |
| Financial debts | 170/4 | €262 | - | -€262 | |
| Amounts payable within one year | 42/48 | €35,153 | €20,763 | -€14,390 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €1,536 | €262 | -€1,274 | -82.9% |
| Trade debts | 44 | €6,142 | €4,608 | -€1,534 | -25.0% |
| Suppliers | 440/4 | €6,142 | €4,608 | -€1,534 | -25.0% |
| Taxes, remuneration and social security | 45 | €18,999 | €13,865 | -€5,133 | -27.0% |
| Taxes | 450/3 | €9,431 | €6,733 | -€2,698 | -28.6% |
| Remuneration and social security | 454/9 | €9,568 | €7,132 | -€2,435 | -25.5% |
| Other amounts payable | 47/48 | €8,477 | €2,028 | -€6,449 | -76.1% |
| Accrued charges and deferred income | 492/3 | €1,741 | €696 | -€1,045 | -60.0% |
| Remuneration, social security and pensions | 62 | €28,930 | €30,164 | +€1,234 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €997 | €1,232 | +€236 | +23.6% |
| Other operating charges | 640/8 | €742 | €710 | -€32 | -4.4% |
| Gross operating margin | 9900 | €43,721 | €40,663 | -€3,058 | -7.0% |
| Operating profit (loss) | 9901 | €13,052 | €8,557 | -€4,495 | -34.4% |
| Financial income | 75/76B | €7 | €76 | +€69 | +1,015% |
| Recurring financial income | 75 | €7 | €76 | +€69 | +1,015% |
| Financial charges | 65/66B | €1,486 | €1,009 | -€478 | -32.1% |
| Recurring financial charges | 65 | €1,486 | €1,009 | -€478 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €11,572 | €7,625 | -€3,948 | -34.1% |
| Income taxes | 67/77 | €3,608 | €2,675 | -€933 | -25.9% |
| Profit (loss) for the period | 9904 | €7,964 | €4,950 | -€3,015 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,964 | €4,950 | -€3,015 | -37.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.