NOULETTE: 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.
NOULETTE
Largest movements
- Tangible fixed assets +€8,015
up €8,015 (+9.1%), from €88,499 to €96,515
of which Plant, machinery and equipment: +€13,851
- Stocks and contracts +€2,936
up €2,936 (+13.3%), from €22,087 to €25,024
- Receivables within one year +€1,798
up €1,798 (+14.4%), from €12,492 to €14,290
of which Trade receivables: +€2,156
- Profit (loss) carried forward +€8,712
up €8,712 (+40.9%), from -€21,294 to -€12,582
- Trade debts +€6,646
up €6,646 (+58.6%), from €11,345 to €17,991
- Debts after one year -€4,126
down €4,126 (-86.6%), from €4,762 to €636
- Gross operating margin +€33,443
up €33,443 (+43.4%), from €77,011 to €110,453
- Other operating charges +€1,470
up €1,470 (+22.6%), from €6,492 to €7,963
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,083 | €179,551 | +€11,468 | +6.8% |
| Fixed assets | 21/28 | €90,848 | €98,863 | +€8,015 | +8.8% |
| Tangible fixed assets | 22/27 | €88,499 | €96,515 | +€8,015 | +9.1% |
| Land and buildings | 22 | €77,615 | €71,779 | -€5,836 | -7.5% |
| Plant, machinery and equipment | 23 | €10,885 | €24,736 | +€13,851 | +127.2% |
| Financial fixed assets | 28 | €2,348 | €2,348 | = | 0.0% |
| Current assets | 29/58 | €77,235 | €80,688 | +€3,453 | +4.5% |
| Stocks and contracts in progress | 3 | €22,087 | €25,024 | +€2,936 | +13.3% |
| Stocks | 30/36 | €22,087 | €25,024 | +€2,936 | +13.3% |
| Amounts receivable within one year | 40/41 | €12,492 | €14,290 | +€1,798 | +14.4% |
| Trade receivables | 40 | €9,133 | €11,290 | +€2,156 | +23.6% |
| Other amounts receivable | 41 | €3,358 | €3,000 | -€358 | -10.7% |
| Cash at bank and in hand | 54/58 | €42,619 | €41,375 | -€1,244 | -2.9% |
| Deferred charges and accrued income | 490/1 | €37 | - | -€37 | |
| Total equity and liabilities | 10/49 | €168,083 | €179,551 | +€11,468 | +6.8% |
| Equity | 10/15 | €31,166 | €39,878 | +€8,712 | +28.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,860 | €33,860 | = | 0.0% |
| Distributable reserves | 133 | €33,860 | €33,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,294 | -€12,582 | +€8,712 | +40.9% |
| Amounts payable | 17/49 | €136,916 | €139,673 | +€2,756 | +2.0% |
| Amounts payable after more than one year | 17 | €4,762 | €636 | -€4,126 | -86.6% |
| Financial debts | 170/4 | €4,762 | €636 | -€4,126 | -86.6% |
| Amounts payable within one year | 42/48 | €132,155 | €139,037 | +€6,882 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €4,591 | €4,126 | -€466 | -10.1% |
| Trade debts | 44 | €11,345 | €17,991 | +€6,646 | +58.6% |
| Suppliers | 440/4 | €11,345 | €17,991 | +€6,646 | +58.6% |
| Taxes, remuneration and social security | 45 | €22,128 | €22,830 | +€701 | +3.2% |
| Taxes | 450/3 | €2,004 | €1,252 | -€752 | -37.5% |
| Remuneration and social security | 454/9 | €20,124 | €21,577 | +€1,453 | +7.2% |
| Other amounts payable | 47/48 | €94,090 | €94,090 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €82,024 | €82,793 | +€769 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,860 | €10,634 | -€226 | -2.1% |
| Other operating charges | 640/8 | €6,492 | €7,963 | +€1,470 | +22.6% |
| Gross operating margin | 9900 | €77,011 | €110,453 | +€33,443 | +43.4% |
| Operating profit (loss) | 9901 | -€22,366 | €9,064 | +€31,430 | |
| Financial income | 75/76B | €136 | €181 | +€45 | +32.8% |
| Recurring financial income | 75 | €136 | €181 | +€45 | +32.8% |
| Financial charges | 65/66B | €685 | €533 | -€152 | -22.2% |
| Recurring financial charges | 65 | €685 | €533 | -€152 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,915 | €8,712 | +€31,627 | |
| Profit (loss) for the period | 9904 | -€22,915 | €8,712 | +€31,627 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,915 | €8,712 | +€31,627 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.