NOUMENON: 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.
NOUMENON
Largest movements
- Cash +€54,849
up €54,849 (+54.6%), from €100,464 to €155,314
mainly Net result for the year (+€87,710) and Tax, wage and social debts (+€11,235)
- Receivables within one year +€51,981
up €51,981 (+197.2%), from €26,354 to €78,334
of which Trade receivables: +€52,612
- Tangible fixed assets -€8,072
down €8,072 (-31.6%), from €25,561 to €17,489
- Deferred charges and accrued income +€3,500
new in 2025: €3,500
- Reserves +€87,710
up €87,710 (+46.5%), from €188,450 to €276,160
- Tax, wage and social debts +€11,235
up €11,235 (+1118.2%), from €1,005 to €12,240
- Trade debts +€3,296
up €3,296 (+510.4%), from €646 to €3,941
- Gross operating margin +€10,187
up €10,187 (+8.5%), from €119,924 to €130,111
- Taxes +€3,300
up €3,300 (+10.6%), from €31,005 to €34,305
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 | €200,110 | €302,368 | +€102,258 | +51.1% |
| Fixed assets | 21/28 | €73,292 | €65,220 | -€8,072 | -11.0% |
| Tangible fixed assets | 22/27 | €25,561 | €17,489 | -€8,072 | -31.6% |
| Furniture and vehicles | 24 | €25,561 | €17,489 | -€8,072 | -31.6% |
| Financial fixed assets | 28 | €47,731 | €47,731 | = | 0.0% |
| Current assets | 29/58 | €126,818 | €237,148 | +€110,330 | +87.0% |
| Amounts receivable within one year | 40/41 | €26,354 | €78,334 | +€51,981 | +197.2% |
| Trade receivables | 40 | €25,722 | €78,334 | +€52,612 | +204.5% |
| Other amounts receivable | 41 | €632 | - | -€632 | |
| Cash at bank and in hand | 54/58 | €100,464 | €155,314 | +€54,849 | +54.6% |
| Deferred charges and accrued income | 490/1 | - | €3,500 | +€3,500 | |
| Total equity and liabilities | 10/49 | €200,110 | €302,368 | +€102,258 | +51.1% |
| Equity | 10/15 | €198,459 | €286,169 | +€87,710 | +44.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €188,450 | €276,160 | +€87,710 | +46.5% |
| Distributable reserves | 133 | €188,450 | €276,160 | +€87,710 | +46.5% |
| Profit (loss) carried forward | 14 | €9 | €9 | -€0 | -3.0% |
| Amounts payable | 17/49 | €1,650 | €16,199 | +€14,548 | +881.5% |
| Amounts payable within one year | 42/48 | €1,650 | €16,199 | +€14,548 | +881.5% |
| Trade debts | 44 | €646 | €3,941 | +€3,296 | +510.4% |
| Suppliers | 440/4 | €646 | €3,941 | +€3,296 | +510.4% |
| Taxes, remuneration and social security | 45 | €1,005 | €12,240 | +€11,235 | +1118.2% |
| Taxes | 450/3 | €1,005 | €12,240 | +€11,235 | +1118.2% |
| Other amounts payable | 47/48 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,072 | €8,072 | = | 0.0% |
| Other operating charges | 640/8 | €393 | €113 | -€280 | -71.2% |
| Gross operating margin | 9900 | €119,924 | €130,111 | +€10,187 | +8.5% |
| Operating profit (loss) | 9901 | €111,459 | €121,926 | +€10,467 | +9.4% |
| Financial income | 75/76B | €42 | €261 | +€219 | +525.8% |
| Recurring financial income | 75 | €42 | €261 | +€219 | +525.8% |
| Financial charges | 65/66B | €44 | €172 | +€127 | +286.8% |
| Recurring financial charges | 65 | €44 | €172 | +€127 | +286.8% |
| Profit (loss) for the period before taxes | 9903 | €111,456 | €122,015 | +€10,558 | +9.5% |
| Income taxes | 67/77 | €31,005 | €34,305 | +€3,300 | +10.6% |
| Profit (loss) for the period | 9904 | €80,452 | €87,710 | +€7,258 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,452 | €87,710 | +€7,258 | +9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.