NOUS 2: 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.
NOUS 2
Largest movements
- Tangible fixed assets +€42,232
up €42,232 (+39.7%), from €106,484 to €148,716
of which Furniture and vehicles: +€38,131
- Cash +€37,785
up €37,785 (+317%), from €11,935 to €49,720
mainly Trade debts (+€141,906) and Depreciation (+€41,360)
- Stocks and contracts +€16,096
new in 2025: €16,096
- Deferred charges and accrued income -€7,213
down €7,213 (-63.0%), from €11,456 to €4,243
- Receivables after one year +€5,000
up €5,000 (+10.0%), from €50,000 to €55,000
- Trade debts +€141,906
up €141,906 (+95.3%), from €148,908 to €290,814
- Tax, wage and social debts -€57,080
down €57,080 (-62.7%), from €91,014 to €33,935
of which Taxes: -€29,271
- Debts after one year -€30,099
down €30,099 (-55.8%), from €53,918 to €23,818
- Profit (loss) carried forward +€25,989
no longer reported in 2025 (was -€25,989)
- Current portion of long-term debt +€19,122
up €19,122 (+55.5%), from €34,434 to €53,557
- Staff costs -€57,243
down €57,243 (-27.4%), from €209,064 to €151,821
- Gross operating margin -€43,318
down €43,318 (-12.0%), from €361,157 to €317,839
- Taxes +€19,348
up €19,348 (+437%), from €4,432 to €23,780
- Other operating charges -€4,910
down €4,910 (-48.0%), from €10,218 to €5,309
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 | €381,655 | €474,956 | +€93,301 | +24.4% |
| Fixed assets | 21/28 | €107,084 | €149,316 | +€42,232 | +39.4% |
| Tangible fixed assets | 22/27 | €106,484 | €148,716 | +€42,232 | +39.7% |
| Plant, machinery and equipment | 23 | €4,533 | €5,194 | +€661 | +14.6% |
| Furniture and vehicles | 24 | €100,835 | €138,966 | +€38,131 | +37.8% |
| Other tangible fixed assets | 26 | €1,117 | €4,556 | +€3,440 | +308% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €274,571 | €325,640 | +€51,069 | +18.6% |
| Amounts receivable after more than one year | 29 | €50,000 | €55,000 | +€5,000 | +10.0% |
| Trade receivables | 290 | €50,000 | €55,000 | +€5,000 | +10.0% |
| Stocks and contracts in progress | 3 | - | €16,096 | +€16,096 | |
| Stocks | 30/36 | - | €16,096 | +€16,096 | |
| Amounts receivable within one year | 40/41 | €201,180 | €200,581 | -€599 | -0.3% |
| Trade receivables | 40 | €201,180 | €196,541 | -€4,639 | -2.3% |
| Other amounts receivable | 41 | - | €4,040 | +€4,040 | |
| Cash at bank and in hand | 54/58 | €11,935 | €49,720 | +€37,785 | +317% |
| Deferred charges and accrued income | 490/1 | €11,456 | €4,243 | -€7,213 | -63.0% |
| Total equity and liabilities | 10/49 | €381,655 | €474,956 | +€93,301 | +24.4% |
| Equity | 10/15 | -€11,729 | €20,365 | +€32,093 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,965 | +€6,105 | +328% |
| 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 | - | €6,105 | +€6,105 | |
| Profit (loss) carried forward | 14 | -€25,989 | - | +€25,989 | |
| Amounts payable | 17/49 | €393,384 | €454,591 | +€61,208 | +15.6% |
| Amounts payable after more than one year | 17 | €53,918 | €23,818 | -€30,099 | -55.8% |
| Financial debts | 170/4 | €53,918 | €23,818 | -€30,099 | -55.8% |
| Amounts payable within one year | 42/48 | €339,466 | €430,773 | +€91,307 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €34,434 | €53,557 | +€19,122 | +55.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €148,908 | €290,814 | +€141,906 | +95.3% |
| Suppliers | 440/4 | €148,908 | €290,814 | +€141,906 | +95.3% |
| Taxes, remuneration and social security | 45 | €91,014 | €33,935 | -€57,080 | -62.7% |
| Taxes | 450/3 | €55,804 | €26,533 | -€29,271 | -52.5% |
| Remuneration and social security | 454/9 | €35,211 | €7,402 | -€27,808 | -79.0% |
| Other amounts payable | 47/48 | €15,109 | €2,468 | -€12,641 | -83.7% |
| Remuneration, social security and pensions | 62 | €209,064 | €151,821 | -€57,243 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,130 | €41,360 | +€2,230 | +5.7% |
| Other operating charges | 640/8 | €10,218 | €5,309 | -€4,910 | -48.0% |
| Non-recurring operating charges | 66A | €39,624 | €55,215 | +€15,591 | +39.3% |
| Gross operating margin | 9900 | €361,157 | €317,839 | -€43,318 | -12.0% |
| Operating profit (loss) | 9901 | €63,120 | €64,133 | +€1,013 | +1.6% |
| Financial income | 75/76B | €2,250 | €2,856 | +€606 | +26.9% |
| Recurring financial income | 75 | €2,250 | €2,856 | +€606 | +26.9% |
| Financial charges | 65/66B | €11,960 | €11,116 | -€844 | -7.1% |
| Recurring financial charges | 65 | €11,960 | €11,116 | -€844 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €53,410 | €55,873 | +€2,463 | +4.6% |
| Income taxes | 67/77 | €4,432 | €23,780 | +€19,348 | +437% |
| Profit (loss) for the period | 9904 | €48,977 | €32,093 | -€16,884 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,977 | €32,093 | -€16,884 | -34.5% |
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 26 October 2026 via checked.be.