NOUSTROIS: what changed
Two fiscal 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.
NOUSTROIS
Largest movements
- Tangible fixed assets -€35,588
down €35,588 (-2.8%), from €1.3m to €1.3m
- Profit (loss) carried forward -€36,181
down €36,181 (-5.0%), from -€723,276 to -€759,457
- Debts after one year -€27,330
down €27,330 (-1.5%), from €1.9m to €1.8m
of which Financial debts: -€55,784
- Accrued charges and deferred income +€25,062
up €25,062 (+30.3%), from €82,664 to €107,726
- Gross operating margin +€3,476
up €3,476 (+5.4%), from €64,933 to €68,409
- Financial charges +€1,011
up €1,011 (+1.7%), from €61,130 to €62,140
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 | €1,298,696 | €1,260,533 | -€38,164 | -2.9% |
| Fixed assets | 21/28 | €1,293,627 | €1,258,039 | -€35,588 | -2.8% |
| Tangible fixed assets | 22/27 | €1,293,627 | €1,258,039 | -€35,588 | -2.8% |
| Land and buildings | 22 | €1,293,627 | €1,258,039 | -€35,588 | -2.8% |
| Current assets | 29/58 | €5,069 | €2,493 | -€2,576 | -50.8% |
| Amounts receivable within one year | 40/41 | - | €75 | +€75 | |
| Trade receivables | 40 | - | €75 | +€75 | |
| Cash at bank and in hand | 54/58 | €4,151 | €1,436 | -€2,714 | -65.4% |
| Deferred charges and accrued income | 490/1 | €918 | €982 | +€64 | +7.0% |
| Total equity and liabilities | 10/49 | €1,298,696 | €1,260,533 | -€38,164 | -2.9% |
| Equity | 10/15 | -€704,628 | -€740,809 | -€36,181 | -5.1% |
| Contributions | 10/11 | €18,648 | €18,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€723,276 | -€759,457 | -€36,181 | -5.0% |
| Amounts payable | 17/49 | €2,003,324 | €2,001,342 | -€1,982 | -0.1% |
| Amounts payable after more than one year | 17 | €1,859,793 | €1,832,462 | -€27,330 | -1.5% |
| Financial debts | 170/4 | €637,564 | €581,780 | -€55,784 | -8.7% |
| Other amounts payable | 178/9 | €1,222,229 | €1,250,682 | +€28,453 | +2.3% |
| Amounts payable within one year | 42/48 | €60,867 | €61,153 | +€286 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €54,805 | €55,784 | +€979 | +1.8% |
| Trade debts | 44 | €6,062 | €5,370 | -€693 | -11.4% |
| Suppliers | 440/4 | €6,062 | €5,370 | -€693 | -11.4% |
| Accrued charges and deferred income | 492/3 | €82,664 | €107,726 | +€25,062 | +30.3% |
| Non-recurring operating income | 76A | €592 | - | -€592 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,588 | €35,588 | = | 0.0% |
| Other operating charges | 640/8 | €6,653 | €6,862 | +€208 | +3.1% |
| Non-recurring operating charges | 66A | €585 | - | -€585 | |
| Gross operating margin | 9900 | €64,933 | €68,409 | +€3,476 | +5.4% |
| Operating profit (loss) | 9901 | €22,107 | €25,959 | +€3,852 | +17.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €61,130 | €62,140 | +€1,011 | +1.7% |
| Recurring financial charges | 65 | €61,130 | €62,140 | +€1,011 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,023 | -€36,181 | +€2,842 | +7.3% |
| Profit (loss) for the period | 9904 | -€39,023 | -€36,181 | +€2,842 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,023 | -€36,181 | +€2,842 | +7.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.