NOUR TRANS: 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 TRANS
Largest movements
- Deferred charges and accrued income +€27,881
new in 2025: €27,881
- Receivables within one year -€23,418
down €23,418 (-37.1%), from €63,096 to €39,677
of which Trade receivables: -€21,217
- Cash -€16,153
down €16,153 (-83.9%), from €19,243 to €3,090
mainly Trade debts (-€32,066) and Deferred charges and accrued income (-€27,881)
- Tangible fixed assets -€3,576
down €3,576 (-38.1%), from €9,375 to €5,799
- Trade debts -€32,066
down €32,066 (-98.8%), from €32,447 to €382
- Tax, wage and social debts +€11,600
up €11,600 (+113%), from €10,243 to €21,843
of which Remuneration and social security: +€5,900
- Profit (loss) carried forward +€5,199
up €5,199 (+13.4%), from €38,941 to €44,140
- Gross operating margin +€6,474
up €6,474 (+4.1%), from €158,325 to €164,799
- Other operating charges +€2,551
up €2,551 (+7.3%), from €35,067 to €37,618
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 | €91,713 | €76,447 | -€15,266 | -16.6% |
| Fixed assets | 21/28 | €9,375 | €5,799 | -€3,576 | -38.1% |
| Tangible fixed assets | 22/27 | €9,375 | €5,799 | -€3,576 | -38.1% |
| Land and buildings | 22 | €2,736 | €1,464 | -€1,272 | -46.5% |
| Plant, machinery and equipment | 23 | €2,815 | €2,032 | -€783 | -27.8% |
| Furniture and vehicles | 24 | €3,824 | €2,303 | -€1,521 | -39.8% |
| Current assets | 29/58 | €82,339 | €70,648 | -€11,690 | -14.2% |
| Amounts receivable within one year | 40/41 | €63,096 | €39,677 | -€23,418 | -37.1% |
| Trade receivables | 40 | €57,528 | €36,311 | -€21,217 | -36.9% |
| Other amounts receivable | 41 | €5,568 | €3,366 | -€2,202 | -39.5% |
| Cash at bank and in hand | 54/58 | €19,243 | €3,090 | -€16,153 | -83.9% |
| Deferred charges and accrued income | 490/1 | - | €27,881 | +€27,881 | |
| Total equity and liabilities | 10/49 | €91,713 | €76,447 | -€15,266 | -16.6% |
| Equity | 10/15 | €49,023 | €54,222 | +€5,199 | +10.6% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Contributions outside capital | 11 | €9,000 | €9,000 | = | 0.0% |
| Other | 1109/19 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €1,082 | €1,082 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,082 | €1,082 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,082 | €1,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,941 | €44,140 | +€5,199 | +13.4% |
| Amounts payable | 17/49 | €42,690 | €22,225 | -€20,465 | -47.9% |
| Amounts payable within one year | 42/48 | €42,690 | €22,225 | -€20,465 | -47.9% |
| Trade debts | 44 | €32,447 | €382 | -€32,066 | -98.8% |
| Suppliers | 440/4 | €32,447 | €382 | -€32,066 | -98.8% |
| Taxes, remuneration and social security | 45 | €10,243 | €21,843 | +€11,600 | +113% |
| Taxes | 450/3 | €8,914 | €14,615 | +€5,701 | +64.0% |
| Remuneration and social security | 454/9 | €1,329 | €7,228 | +€5,900 | +444% |
| Remuneration, social security and pensions | 62 | €113,785 | €114,100 | +€315 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,688 | €3,576 | -€112 | -3.0% |
| Other operating charges | 640/8 | €35,067 | €37,618 | +€2,551 | +7.3% |
| Gross operating margin | 9900 | €158,325 | €164,799 | +€6,474 | +4.1% |
| Operating profit (loss) | 9901 | €5,785 | €9,505 | +€3,720 | +64.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,262 | €896 | -€366 | -29.0% |
| Recurring financial charges | 65 | €1,262 | €896 | -€366 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €4,524 | €8,609 | +€4,085 | +90.3% |
| Income taxes | 67/77 | €3,523 | €3,410 | -€113 | -3.2% |
| Profit (loss) for the period | 9904 | €1,000 | €5,199 | +€4,198 | +420% |
| Profit (loss) for the period to be appropriated | 9905 | €1,000 | €5,199 | +€4,198 | +420% |
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 25 October 2026 via checked.be.