NOURATEX: 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.
NOURATEX
Largest movements
- Receivables within one year -€292,655
down €292,655 (-64.1%), from €456,417 to €163,763
of which Trade receivables: -€307,403
- Stocks and contracts +€134,656
up €134,656 (+248%), from €54,344 to €189,000
- Tangible fixed assets +€63,782
up €63,782 (+3,937%), from €1,620 to €65,402
of which Plant, machinery and equipment: +€32,898
- Advances received -€150,062
down €150,062 (-100%), from €150,062 to €0
- Trade debts +€39,436
up €39,436 (+18.2%), from €216,476 to €255,911
- Tax, wage and social debts +€15,158
up €15,158 (+62.9%), from €24,110 to €39,268
of which Taxes: +€12,258
- Gross operating margin +€54,217
up €54,217 (+53.6%), from €101,212 to €155,430
- Staff costs +€44,905
up €44,905 (+47.5%), from €94,487 to €139,392
- Depreciation +€2,604
up €2,604 (+425%), from €613 to €3,218
- Financial charges +€2,260
up €2,260 (+54.3%), from €4,160 to €6,420
of which Non-recurring financial charges: +€1,500
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 | €550,245 | €458,223 | -€92,021 | -16.7% |
| Fixed assets | 21/28 | €26,920 | €89,202 | +€62,282 | +231% |
| Tangible fixed assets | 22/27 | €1,620 | €65,402 | +€63,782 | +3,937% |
| Plant, machinery and equipment | 23 | - | €32,898 | +€32,898 | |
| Furniture and vehicles | 24 | €1,620 | €32,504 | +€30,884 | +1,907% |
| Financial fixed assets | 28 | €25,300 | €23,800 | -€1,500 | -5.9% |
| Current assets | 29/58 | €523,325 | €369,021 | -€154,304 | -29.5% |
| Stocks and contracts in progress | 3 | €54,344 | €189,000 | +€134,656 | +248% |
| Stocks | 30/36 | €54,344 | €189,000 | +€134,656 | +248% |
| Amounts receivable within one year | 40/41 | €456,417 | €163,763 | -€292,655 | -64.1% |
| Trade receivables | 40 | €433,719 | €126,316 | -€307,403 | -70.9% |
| Other amounts receivable | 41 | €22,699 | €37,447 | +€14,748 | +65.0% |
| Cash at bank and in hand | 54/58 | €4,406 | €7,059 | +€2,653 | +60.2% |
| Deferred charges and accrued income | 490/1 | €8,157 | €9,199 | +€1,042 | +12.8% |
| Total equity and liabilities | 10/49 | €550,245 | €458,223 | -€92,021 | -16.7% |
| Equity | 10/15 | €159,519 | €162,807 | +€3,289 | +2.1% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €131,519 | €134,807 | +€3,289 | +2.5% |
| Non-distributable reserves | 130/1 | €2,800 | €2,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,800 | €2,800 | = | 0.0% |
| Distributable reserves | 133 | €128,719 | €132,007 | +€3,289 | +2.6% |
| Amounts payable | 17/49 | €390,726 | €295,416 | -€95,310 | -24.4% |
| Amounts payable within one year | 42/48 | €390,648 | €295,179 | -€95,469 | -24.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €216,476 | €255,911 | +€39,436 | +18.2% |
| Suppliers | 440/4 | €216,476 | €255,911 | +€39,436 | +18.2% |
| Advances received on contracts in progress | 46 | €150,062 | €0 | -€150,062 | -100% |
| Taxes, remuneration and social security | 45 | €24,110 | €39,268 | +€15,158 | +62.9% |
| Taxes | 450/3 | €4,917 | €17,175 | +€12,258 | +249% |
| Remuneration and social security | 454/9 | €19,193 | €22,093 | +€2,900 | +15.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €78 | €237 | +€159 | +202% |
| Remuneration, social security and pensions | 62 | €94,487 | €139,392 | +€44,905 | +47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613 | €3,218 | +€2,604 | +425% |
| Other operating charges | 640/8 | €1,205 | €2,136 | +€931 | +77.3% |
| Gross operating margin | 9900 | €101,212 | €155,430 | +€54,217 | +53.6% |
| Operating profit (loss) | 9901 | €4,907 | €10,684 | +€5,777 | +118% |
| Financial income | 75/76B | €390 | €160 | -€229 | -58.9% |
| Recurring financial income | 75 | €390 | €160 | -€229 | -58.9% |
| Financial charges | 65/66B | €4,160 | €6,420 | +€2,260 | +54.3% |
| Recurring financial charges | 65 | €4,160 | €4,920 | +€760 | +18.3% |
| Non-recurring financial charges | 66B | - | €1,500 | +€1,500 | |
| Profit (loss) for the period before taxes | 9903 | €1,136 | €4,424 | +€3,287 | +289% |
| Income taxes | 67/77 | - | €1,135 | +€1,135 | |
| Profit (loss) for the period | 9904 | €1,136 | €3,289 | +€2,153 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €1,136 | €3,289 | +€2,153 | +189% |
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 20 October 2026 via checked.be.