NOURTHY: 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.
NOURTHY
Largest movements
- Deferred charges and accrued income +€21,470
up €21,470 (+2627.2%), from €817 to €22,287
- Cash -€17,068
down €17,068 (-27.5%), from €61,989 to €44,921
mainly Contributions, distributions and other (-€85,542) and Deferred charges and accrued income (-€21,470)
- Receivables within one year +€2,207
up €2,207 (+13.8%), from €16,028 to €18,235
of which Trade receivables: +€2,831
- Profit (loss) carried forward -€65,389
down €65,389 (-100.0%), from €65,389 to €0
- Other debts +€59,120
up €59,120 (+4347.1%), from €1,360 to €60,480
- Tax, wage and social debts +€10,297
up €10,297 (+84.6%), from €12,172 to €22,469
of which Taxes: +€8,805
- Trade debts +€3,372
up €3,372 (+281.9%), from €1,196 to €4,568
- Staff costs +€18,741
up €18,741 (+2672.0%), from €701 to €19,443
- Gross operating margin -€3,780
down €3,780 (-6.2%), from €60,920 to €57,140
- Depreciation -€1,900
down €1,900 (-36.0%), from €5,272 to €3,372
- Taxes -€1,629
down €1,629 (-13.8%), from €11,808 to €10,179
- Other operating charges -€1,324
down €1,324 (-29.8%), from €4,436 to €3,112
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.
Cash bridge derived
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 | €88,177 | €95,578 | +€7,401 | +8.4% |
| Fixed assets | 21/28 | €9,343 | €10,135 | +€792 | +8.5% |
| Tangible fixed assets | 22/27 | €9,343 | €10,135 | +€792 | +8.5% |
| Plant, machinery and equipment | 23 | - | €2,276 | +€2,276 | |
| Furniture and vehicles | 24 | €5,533 | €4,634 | -€898 | -16.2% |
| Other tangible fixed assets | 26 | €3,810 | €3,225 | -€586 | -15.4% |
| Current assets | 29/58 | €78,834 | €85,443 | +€6,608 | +8.4% |
| Amounts receivable within one year | 40/41 | €16,028 | €18,235 | +€2,207 | +13.8% |
| Trade receivables | 40 | €15,403 | €18,235 | +€2,831 | +18.4% |
| Other amounts receivable | 41 | €625 | €0 | -€625 | -100.0% |
| Cash at bank and in hand | 54/58 | €61,989 | €44,921 | -€17,068 | -27.5% |
| Deferred charges and accrued income | 490/1 | €817 | €22,287 | +€21,470 | +2627.2% |
| Total equity and liabilities | 10/49 | €88,177 | €95,578 | +€7,401 | +8.4% |
| Equity | 10/15 | €73,449 | €8,060 | -€65,389 | -89.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,389 | €0 | -€65,389 | -100.0% |
| Amounts payable | 17/49 | €14,728 | €87,518 | +€72,790 | +494.2% |
| Amounts payable within one year | 42/48 | €14,728 | €87,518 | +€72,790 | +494.2% |
| Trade debts | 44 | €1,196 | €4,568 | +€3,372 | +281.9% |
| Suppliers | 440/4 | €1,196 | €4,568 | +€3,372 | +281.9% |
| Taxes, remuneration and social security | 45 | €12,172 | €22,469 | +€10,297 | +84.6% |
| Taxes | 450/3 | €12,172 | €20,977 | +€8,805 | +72.3% |
| Remuneration and social security | 454/9 | - | €1,492 | +€1,492 | |
| Other amounts payable | 47/48 | €1,360 | €60,480 | +€59,120 | +4347.1% |
| Remuneration, social security and pensions | 62 | €701 | €19,443 | +€18,741 | +2672.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,272 | €3,372 | -€1,900 | -36.0% |
| Other operating charges | 640/8 | €4,436 | €3,112 | -€1,324 | -29.8% |
| Gross operating margin | 9900 | €60,920 | €57,140 | -€3,780 | -6.2% |
| Operating profit (loss) | 9901 | €50,511 | €31,214 | -€19,297 | -38.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €180 | €885 | +€704 | +390.3% |
| Recurring financial charges | 65 | €180 | €885 | +€704 | +390.3% |
| Profit (loss) for the period before taxes | 9903 | €50,331 | €30,331 | -€20,000 | -39.7% |
| Income taxes | 67/77 | €11,808 | €10,179 | -€1,629 | -13.8% |
| Profit (loss) for the period | 9904 | €38,523 | €20,152 | -€18,371 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,523 | €20,152 | -€18,371 | -47.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.