Noukens: 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.
Noukens
Largest movements
- Financial fixed assets +€110,900
up €110,900 (+30,806%), from €360 to €111,260
- Cash +€24,446
up €24,446 (+29.3%), from €83,343 to €107,789
mainly Net result for the year (+€231,119) and Other debts (+€161,619)
- Tangible fixed assets -€4,367
down €4,367 (-19.8%), from €22,094 to €17,727
of which Furniture and vehicles: -€2,289
- Other debts +€161,619
up €161,619 (+233%), from €69,500 to €231,119
- Reserves -€46,027
down €46,027 (-100%), from €46,027 to €0
- Tax, wage and social debts +€15,868
up €15,868 (+478%), from €3,322 to €19,190
- Financial income +€85,182
up €85,182 (+385%), from €22,125 to €107,306
- Gross operating margin +€49,149
up €49,149 (+40.2%), from €122,370 to €171,519
- Taxes +€17,465
up €17,465 (+69.4%), from €25,163 to €42,628
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 | €123,135 | €254,653 | +€131,518 | +107% |
| Fixed assets | 21/28 | €22,454 | €128,987 | +€106,533 | +474% |
| Tangible fixed assets | 22/27 | €22,094 | €17,727 | -€4,367 | -19.8% |
| Furniture and vehicles | 24 | €5,970 | €3,681 | -€2,289 | -38.3% |
| Other tangible fixed assets | 26 | €16,124 | €14,047 | -€2,078 | -12.9% |
| Financial fixed assets | 28 | €360 | €111,260 | +€110,900 | +30,806% |
| Current assets | 29/58 | €100,681 | €125,665 | +€24,985 | +24.8% |
| Amounts receivable within one year | 40/41 | €16,384 | €15,456 | -€928 | -5.7% |
| Trade receivables | 40 | €16,232 | €15,194 | -€1,037 | -6.4% |
| Other amounts receivable | 41 | €152 | €262 | +€109 | +71.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €83,343 | €107,789 | +€24,446 | +29.3% |
| Deferred charges and accrued income | 490/1 | €954 | €2,421 | +€1,467 | +154% |
| Total equity and liabilities | 10/49 | €123,135 | €254,653 | +€131,518 | +107% |
| Equity | 10/15 | €50,027 | €4,000 | -€46,027 | -92.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €46,027 | €0 | -€46,027 | -100% |
| Distributable reserves | 133 | €46,027 | €0 | -€46,027 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,108 | €250,653 | +€177,544 | +243% |
| Amounts payable within one year | 42/48 | €73,108 | €250,653 | +€177,544 | +243% |
| Trade debts | 44 | €286 | €343 | +€57 | +20.0% |
| Suppliers | 440/4 | €286 | €343 | +€57 | +20.0% |
| Taxes, remuneration and social security | 45 | €3,322 | €19,190 | +€15,868 | +478% |
| Taxes | 450/3 | €3,322 | €19,190 | +€15,868 | +478% |
| Other amounts payable | 47/48 | €69,500 | €231,119 | +€161,619 | +233% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,893 | €4,367 | +€1,474 | +50.9% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €122,370 | €171,519 | +€49,149 | +40.2% |
| Operating profit (loss) | 9901 | €118,908 | €166,567 | +€47,659 | +40.1% |
| Financial income | 75/76B | €22,125 | €107,306 | +€85,182 | +385% |
| Recurring financial income | 75 | €22,125 | €107,306 | +€85,182 | +385% |
| Financial charges | 65/66B | €343 | €126 | -€217 | -63.2% |
| Recurring financial charges | 65 | €343 | €126 | -€217 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €140,690 | €273,747 | +€133,057 | +94.6% |
| Income taxes | 67/77 | €25,163 | €42,628 | +€17,465 | +69.4% |
| Profit (loss) for the period | 9904 | €115,527 | €231,119 | +€115,593 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €115,527 | €231,119 | +€115,593 | +100% |
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 17 October 2026 via checked.be.