NOURHAN: 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.
NOURHAN
Largest movements
- Tangible fixed assets -€11,442
down €11,442 (-43.7%), from €26,158 to €14,716
- Cash +€8,530
up €8,530 (+315%), from €2,711 to €11,241
mainly Depreciation (+€11,442) and Receivables within one year (+€6,692)
- Receivables within one year -€6,692
down €6,692 (-49.1%), from €13,641 to €6,950
of which Trade receivables: -€9,374
- Other debts -€6,329
no longer reported in 2024 (was €6,329)
- Tax, wage and social debts -€3,600
down €3,600 (-94.8%), from €3,796 to €196
of which Remuneration and social security: -€3,600
- Profit (loss) carried forward +€1,335
up €1,335 (+67.5%), from €1,978 to €3,313
- Trade debts -€1,009
down €1,009 (-8.7%), from €11,656 to €10,648
- Depreciation +€2,963
up €2,963 (+34.9%), from €8,478 to €11,442
- Other operating charges -€1,212
down €1,212 (-95.1%), from €1,275 to €63
- Gross operating margin +€499
up €499 (+4.0%), from €12,453 to €12,952
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 | €42,588 | €32,985 | -€9,603 | -22.5% |
| Fixed assets | 21/28 | €26,236 | €14,794 | -€11,442 | -43.6% |
| Tangible fixed assets | 22/27 | €26,158 | €14,716 | -€11,442 | -43.7% |
| Furniture and vehicles | 24 | €26,158 | €14,716 | -€11,442 | -43.7% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €16,352 | €18,191 | +€1,839 | +11.2% |
| Amounts receivable within one year | 40/41 | €13,641 | €6,950 | -€6,692 | -49.1% |
| Trade receivables | 40 | €13,223 | €3,849 | -€9,374 | -70.9% |
| Other amounts receivable | 41 | €418 | €3,100 | +€2,682 | +641% |
| Cash at bank and in hand | 54/58 | €2,711 | €11,241 | +€8,530 | +315% |
| Total equity and liabilities | 10/49 | €42,588 | €32,985 | -€9,603 | -22.5% |
| Equity | 10/15 | €20,806 | €22,141 | +€1,335 | +6.4% |
| Contributions | 10/11 | €18,805 | €18,805 | = | 0.0% |
| Reserves | 13 | €24 | €24 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24 | €24 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24 | €24 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,978 | €3,313 | +€1,335 | +67.5% |
| Amounts payable | 17/49 | €21,781 | €10,844 | -€10,938 | -50.2% |
| Amounts payable within one year | 42/48 | €21,781 | €10,844 | -€10,938 | -50.2% |
| Trade debts | 44 | €11,656 | €10,648 | -€1,009 | -8.7% |
| Suppliers | 440/4 | €11,656 | €10,648 | -€1,009 | -8.7% |
| Taxes, remuneration and social security | 45 | €3,796 | €196 | -€3,600 | -94.8% |
| Taxes | 450/3 | €196 | €196 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €6,329 | - | -€6,329 | |
| Non-recurring operating income | 76A | €1,850 | - | -€1,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,478 | €11,442 | +€2,963 | +34.9% |
| Other operating charges | 640/8 | €1,275 | €63 | -€1,212 | -95.1% |
| Gross operating margin | 9900 | €12,453 | €12,952 | +€499 | +4.0% |
| Operating profit (loss) | 9901 | €2,700 | €1,448 | -€1,252 | -46.4% |
| Financial income | 75/76B | - | €112 | +€112 | |
| Recurring financial income | 75 | - | €112 | +€112 | |
| Financial charges | 65/66B | €178 | €225 | +€46 | +26.0% |
| Recurring financial charges | 65 | €178 | €225 | +€46 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €2,522 | €1,335 | -€1,187 | -47.1% |
| Profit (loss) for the period | 9904 | €2,522 | €1,335 | -€1,187 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,522 | €1,335 | -€1,187 | -47.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.