NOURE'ELEC: 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.
NOURE'ELEC
Largest movements
- Cash +€31,605
up €31,605 (+444%), from €7,111 to €38,716
mainly Net result for the year (+€29,146) and Depreciation (+€7,243)
- Tangible fixed assets -€7,243
down €7,243 (-33.6%), from €21,575 to €14,332
of which Furniture and vehicles: -€3,833
- Receivables within one year -€5,530
down €5,530 (-3.4%), from €161,794 to €156,264
of which Trade receivables: -€5,857
- Reserves +€29,146
up €29,146 (+24.8%), from €117,532 to €146,678
of which Distributable reserves: +€29,146
- Other debts -€13,897
down €13,897 (-33.1%), from €42,042 to €28,145
- Tax, wage and social debts +€6,905
up €6,905 (+195%), from €3,538 to €10,443
- Trade debts -€3,322
down €3,322 (-13.0%), from €25,534 to €22,212
- Gross operating margin +€27,758
up €27,758 (+183%), from €15,207 to €42,965
- Taxes +€4,902
up €4,902 (+257%), from €1,909 to €6,811
- Depreciation +€2,035
up €2,035 (+39.1%), from €5,208 to €7,243
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,046 | €214,878 | +€18,832 | +9.6% |
| Fixed assets | 21/28 | €21,575 | €14,332 | -€7,243 | -33.6% |
| Tangible fixed assets | 22/27 | €21,575 | €14,332 | -€7,243 | -33.6% |
| Plant, machinery and equipment | 23 | €8,315 | €4,905 | -€3,410 | -41.0% |
| Furniture and vehicles | 24 | €13,260 | €9,427 | -€3,833 | -28.9% |
| Current assets | 29/58 | €174,471 | €200,546 | +€26,075 | +14.9% |
| Stocks and contracts in progress | 3 | €5,566 | €5,566 | = | 0.0% |
| Stocks | 30/36 | €5,566 | €5,566 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €161,794 | €156,264 | -€5,530 | -3.4% |
| Trade receivables | 40 | €153,445 | €147,588 | -€5,857 | -3.8% |
| Other amounts receivable | 41 | €8,349 | €8,676 | +€327 | +3.9% |
| Cash at bank and in hand | 54/58 | €7,111 | €38,716 | +€31,605 | +444% |
| Total equity and liabilities | 10/49 | €196,046 | €214,878 | +€18,832 | +9.6% |
| Equity | 10/15 | €123,732 | €152,878 | +€29,146 | +23.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €117,532 | €146,678 | +€29,146 | +24.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €115,672 | €144,818 | +€29,146 | +25.2% |
| Amounts payable | 17/49 | €72,314 | €62,000 | -€10,314 | -14.3% |
| Amounts payable after more than one year | 17 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 178/9 | €1,200 | €1,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,114 | €60,800 | -€10,314 | -14.5% |
| Trade debts | 44 | €25,534 | €22,212 | -€3,322 | -13.0% |
| Suppliers | 440/4 | €25,534 | €22,212 | -€3,322 | -13.0% |
| Taxes, remuneration and social security | 45 | €3,538 | €10,443 | +€6,905 | +195% |
| Taxes | 450/3 | €3,538 | €10,443 | +€6,905 | +195% |
| Other amounts payable | 47/48 | €42,042 | €28,145 | -€13,897 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,208 | €7,243 | +€2,035 | +39.1% |
| Other operating charges | 640/8 | €183 | - | -€183 | |
| Gross operating margin | 9900 | €15,207 | €42,965 | +€27,758 | +183% |
| Operating profit (loss) | 9901 | €9,816 | €35,722 | +€25,906 | +264% |
| Financial income | 75/76B | €591 | €868 | +€277 | +46.9% |
| Recurring financial income | 75 | €591 | €868 | +€277 | +46.9% |
| Financial charges | 65/66B | €659 | €633 | -€26 | -3.9% |
| Recurring financial charges | 65 | €659 | €633 | -€26 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €9,748 | €35,957 | +€26,209 | +269% |
| Income taxes | 67/77 | €1,909 | €6,811 | +€4,902 | +257% |
| Profit (loss) for the period | 9904 | €7,839 | €29,146 | +€21,307 | +272% |
| Profit (loss) for the period to be appropriated | 9905 | €7,839 | €29,146 | +€21,307 | +272% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.