NOUR ANA: 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 ANA
Largest movements
- Cash +€166,338
up €166,338 (+48.7%), from €341,438 to €507,776
mainly Debts after one year (+€300,000) and Net result for the year (+€169,564)
- Tangible fixed assets +€24,475
up €24,475 (+5.9%), from €416,119 to €440,594
of which Furniture and vehicles: +€28,070
- Deferred charges and accrued income +€15,696
up €15,696 (+82.6%), from €19,006 to €34,702
- Intangible fixed assets -€14,200
down €14,200 (-35.3%), from €40,233 to €26,033
- Receivables within one year +€11,276
new in 2025: €11,276
of which Other amounts receivable: +€7,561
- Debts after one year +€300,000
up €300,000 (+200%), from €150,000 to €450,000
- Profit (loss) carried forward -€183,377
down €183,377 (-34.6%), from €529,520 to €346,142
- Trade debts +€59,588
up €59,588 (+1,037%), from €5,747 to €65,335
- Tax, wage and social debts +€52,971
up €52,971 (+117%), from €45,167 to €98,138
- Other debts -€31,217
down €31,217 (-63.9%), from €48,872 to €17,655
- Gross operating margin -€70,643
down €70,643 (-18.2%), from €388,378 to €317,735
- Taxes -€22,698
down €22,698 (-30.2%), from €75,167 to €52,469
- Depreciation +€15,045
up €15,045 (+23.8%), from €63,253 to €78,298
- Other operating charges -€5,442
down €5,442 (-46.5%), from €11,695 to €6,252
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 | €816,796 | €1,020,380 | +€203,585 | +24.9% |
| Fixed assets | 21/28 | €456,352 | €466,627 | +€10,275 | +2.3% |
| Intangible fixed assets | 21 | €40,233 | €26,033 | -€14,200 | -35.3% |
| Tangible fixed assets | 22/27 | €416,119 | €440,594 | +€24,475 | +5.9% |
| Land and buildings | 22 | €226,214 | €215,688 | -€10,526 | -4.7% |
| Plant, machinery and equipment | 23 | €143,923 | €150,855 | +€6,932 | +4.8% |
| Furniture and vehicles | 24 | €45,981 | €74,051 | +€28,070 | +61.0% |
| Current assets | 29/58 | €360,444 | €553,754 | +€193,310 | +53.6% |
| Amounts receivable within one year | 40/41 | - | €11,276 | +€11,276 | |
| Trade receivables | 40 | - | €3,715 | +€3,715 | |
| Other amounts receivable | 41 | - | €7,561 | +€7,561 | |
| Cash at bank and in hand | 54/58 | €341,438 | €507,776 | +€166,338 | +48.7% |
| Deferred charges and accrued income | 490/1 | €19,006 | €34,702 | +€15,696 | +82.6% |
| Total equity and liabilities | 10/49 | €816,796 | €1,020,380 | +€203,585 | +24.9% |
| Equity | 10/15 | €549,980 | €366,602 | -€183,377 | -33.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €529,520 | €346,142 | -€183,377 | -34.6% |
| Amounts payable | 17/49 | €266,816 | €653,778 | +€386,962 | +145% |
| Amounts payable after more than one year | 17 | €150,000 | €450,000 | +€300,000 | +200% |
| Other amounts payable | 178/9 | €150,000 | €450,000 | +€300,000 | +200% |
| Amounts payable within one year | 42/48 | €99,786 | €181,128 | +€81,342 | +81.5% |
| Trade debts | 44 | €5,747 | €65,335 | +€59,588 | +1,037% |
| Suppliers | 440/4 | €5,747 | €65,335 | +€59,588 | +1,037% |
| Taxes, remuneration and social security | 45 | €45,167 | €98,138 | +€52,971 | +117% |
| Taxes | 450/3 | €45,167 | €98,138 | +€52,971 | +117% |
| Other amounts payable | 47/48 | €48,872 | €17,655 | -€31,217 | -63.9% |
| Accrued charges and deferred income | 492/3 | €17,030 | €22,650 | +€5,620 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,253 | €78,298 | +€15,045 | +23.8% |
| Other operating charges | 640/8 | €11,695 | €6,252 | -€5,442 | -46.5% |
| Non-recurring operating charges | 66A | €537 | - | -€537 | |
| Gross operating margin | 9900 | €388,378 | €317,735 | -€70,643 | -18.2% |
| Operating profit (loss) | 9901 | €312,892 | €233,185 | -€79,708 | -25.5% |
| Financial income | 75/76B | €6 | €32 | +€26 | +454% |
| Recurring financial income | 75 | €6 | €32 | +€26 | +454% |
| Financial charges | 65/66B | €12,613 | €11,184 | -€1,430 | -11.3% |
| Recurring financial charges | 65 | €12,613 | €11,184 | -€1,430 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €300,285 | €222,033 | -€78,252 | -26.1% |
| Income taxes | 67/77 | €75,167 | €52,469 | -€22,698 | -30.2% |
| Profit (loss) for the period | 9904 | €225,118 | €169,564 | -€55,554 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €225,118 | €169,564 | -€55,554 | -24.7% |
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 29 October 2026 via checked.be.