NOUR: 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.
NOUR
Largest movements
- Cash +€11,847
up €11,847 (+175%), from €6,753 to €18,600
mainly Net result for the year (+€17,707) and Trade debts (+€4,339)
- Receivables within one year +€11,080
up €11,080 (+77.1%), from €14,379 to €25,459
- Stocks and contracts -€1,036
down €1,036 (-2.7%), from €37,913 to €36,878
- Profit (loss) carried forward +€17,707
up €17,707 (+52.1%), from €33,985 to €51,692
- Trade debts +€4,339
new in 2025: €4,339
- Staff costs -€12,558
down €12,558 (-89.3%), from €14,058 to €1,500
- Gross operating margin +€12,212
up €12,212 (+157%), from €7,795 to €20,007
- Taxes -€4,626
no longer reported in 2025 (was €4,626)
- Other operating charges -€1,842
down €1,842 (-97.2%), from €1,896 to €53
- Financial charges +€644
up €644 (+627%), from €103 to €747
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 | €59,046 | €80,937 | +€21,891 | +37.1% |
| Current assets | 29/58 | €59,046 | €80,937 | +€21,891 | +37.1% |
| Stocks and contracts in progress | 3 | €37,913 | €36,878 | -€1,036 | -2.7% |
| Stocks | 30/36 | €37,913 | €36,878 | -€1,036 | -2.7% |
| Amounts receivable within one year | 40/41 | €14,379 | €25,459 | +€11,080 | +77.1% |
| Other amounts receivable | 41 | €14,379 | €25,459 | +€11,080 | +77.1% |
| Cash at bank and in hand | 54/58 | €6,753 | €18,600 | +€11,847 | +175% |
| Total equity and liabilities | 10/49 | €59,046 | €80,937 | +€21,891 | +37.1% |
| Equity | 10/15 | €54,436 | €72,143 | +€17,707 | +32.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,985 | €51,692 | +€17,707 | +52.1% |
| Amounts payable | 17/49 | €4,610 | €8,794 | +€4,184 | +90.8% |
| Amounts payable within one year | 42/48 | €4,610 | €8,794 | +€4,184 | +90.8% |
| Trade debts | 44 | - | €4,339 | +€4,339 | |
| Suppliers | 440/4 | - | €4,339 | +€4,339 | |
| Other amounts payable | 47/48 | €4,610 | €4,455 | -€155 | -3.4% |
| Remuneration, social security and pensions | 62 | €14,058 | €1,500 | -€12,558 | -89.3% |
| Other operating charges | 640/8 | €1,896 | €53 | -€1,842 | -97.2% |
| Gross operating margin | 9900 | €7,795 | €20,007 | +€12,212 | +157% |
| Operating profit (loss) | 9901 | -€8,158 | €18,454 | +€26,612 | |
| Financial charges | 65/66B | €103 | €747 | +€644 | +627% |
| Recurring financial charges | 65 | €103 | €747 | +€644 | +627% |
| Profit (loss) for the period before taxes | 9903 | -€8,261 | €17,707 | +€25,968 | |
| Income taxes | 67/77 | €4,626 | - | -€4,626 | |
| Profit (loss) for the period | 9904 | -€12,887 | €17,707 | +€30,594 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,887 | €17,707 | +€30,594 |
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 14 October 2026 via checked.be.