NOUHA EXPRESS: 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.
NOUHA EXPRESS
Largest movements
- Cash +€61,348
up €61,348 (+1,615%), from €3,799 to €65,146
mainly Net result for the year (+€29,156) and Other debts (+€14,533)
- Tangible fixed assets -€12,327
down €12,327 (-32.1%), from €38,436 to €26,109
of which Furniture and vehicles: -€11,964
- Profit (loss) carried forward +€29,156
up €29,156 (+246%), from €11,833 to €40,989
- Other debts +€14,533
up €14,533 (+239%), from €6,071 to €20,604
- Tax, wage and social debts +€2,654
up €2,654 (+103%), from €2,577 to €5,231
- Trade debts +€2,616
up €2,616 (+16.5%), from €15,815 to €18,431
- Turnover -€84,903
no longer reported in 2025 (was €84,903)
- Purchases and services -€64,807
no longer reported in 2025 (was €64,807)
- Gross operating margin +€28,017
up €28,017 (+139%), from €20,095 to €48,112
- Other operating charges +€4,426
up €4,426 (+288%), from €1,534 to €5,961
- Depreciation +€2,500
up €2,500 (+25.4%), from €9,827 to €12,327
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 | €42,297 | €91,255 | +€48,958 | +116% |
| Fixed assets | 21/28 | €38,436 | €26,109 | -€12,327 | -32.1% |
| Tangible fixed assets | 22/27 | €38,436 | €26,109 | -€12,327 | -32.1% |
| Plant, machinery and equipment | 23 | €1,451 | €1,088 | -€363 | -25.0% |
| Furniture and vehicles | 24 | €36,985 | €25,021 | -€11,964 | -32.3% |
| Current assets | 29/58 | €3,861 | €65,146 | +€61,285 | +1,587% |
| Amounts receivable within one year | 40/41 | €62 | - | -€62 | |
| Trade receivables | 40 | €62 | - | -€62 | |
| Cash at bank and in hand | 54/58 | €3,799 | €65,146 | +€61,348 | +1,615% |
| Total equity and liabilities | 10/49 | €42,297 | €91,255 | +€48,958 | +116% |
| Equity | 10/15 | €17,833 | €46,989 | +€29,156 | +163% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,833 | €40,989 | +€29,156 | +246% |
| Amounts payable | 17/49 | €24,464 | €44,266 | +€19,803 | +80.9% |
| Amounts payable within one year | 42/48 | €24,464 | €44,266 | +€19,803 | +80.9% |
| Trade debts | 44 | €15,815 | €18,431 | +€2,616 | +16.5% |
| Suppliers | 440/4 | €15,815 | €18,431 | +€2,616 | +16.5% |
| Taxes, remuneration and social security | 45 | €2,577 | €5,231 | +€2,654 | +103% |
| Taxes | 450/3 | €2,577 | €5,231 | +€2,654 | +103% |
| Other amounts payable | 47/48 | €6,071 | €20,604 | +€14,533 | +239% |
| Turnover | 70 | €84,903 | - | -€84,903 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64,807 | - | -€64,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,827 | €12,327 | +€2,500 | +25.4% |
| Other operating charges | 640/8 | €1,534 | €5,961 | +€4,426 | +288% |
| Gross operating margin | 9900 | €20,095 | €48,112 | +€28,017 | +139% |
| Operating profit (loss) | 9901 | €8,734 | €29,825 | +€21,091 | +241% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €153 | €232 | +€79 | +51.5% |
| Recurring financial charges | 65 | €153 | €232 | +€79 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €8,581 | €29,593 | +€21,012 | +245% |
| Income taxes | 67/77 | - | €437 | +€437 | |
| Profit (loss) for the period | 9904 | €8,581 | €29,156 | +€20,575 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €8,581 | €29,156 | +€20,575 | +240% |
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 15 October 2026 via checked.be.