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NoWasteForMe: 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.

What changed

NoWasteForMe

BE 0728.840.182
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€578
2024 · €51,513-€50,935
Equity
€291,216
2024 · €290,638+€578
Cash
€43,239
2024 · €50,256-€7,017
Balance sheet total
€509,992
2024 · €536,855-€26,864

Largest movements

2024 to 2025
Assets
  • Current investments -€25,000

    down €25,000 (-7.7%), from €325,000 to €300,000

  • Cash -€7,017

    down €7,017 (-14.0%), from €50,256 to €43,239

    mainly Other debts (-€24,861) and Receivables within one year (-€5,404)

  • Receivables within one year +€5,404

    up €5,404 (+3.4%), from €156,972 to €162,376

    of which Other amounts receivable: +€5,404

Equity and liabilities
  • Other debts -€24,861

    down €24,861 (-10.6%), from €235,377 to €210,517

Income statement
  • Gross operating margin -€48,868

    down €48,868 (-75.6%), from €64,664 to €15,795

  • Financial income -€9,123

    down €9,123 (-73.8%), from €12,369 to €3,246

  • Taxes -€5,019

    down €5,019 (-79.5%), from €6,311 to €1,292

  • Financial charges -€1,642

    down €1,642 (-9.5%), from €17,279 to €15,638

  • Other operating charges -€745

    down €745 (-55.0%), from €1,355 to €610

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €51,513
Gross operating margin -€48,868
Depreciation -€350
Other operating charges +€745
Financial income -€9,123
Financial charges +€1,642
Taxes +€5,019
Result 2025 €578

Cash bridge derived

cash 2024 to 2025

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.

From operations -€30,716
Investment +€23,200
Financing +€499
Cash 2024 €50,256
Net result for the year +€578
Depreciation +€924
Receivables within one year -€5,404
Deferred charges and accrued income +€1,127
Trade debts -€4,062
Tax, wage and social debts +€982
Other debts -€24,861
Investment in fixed assets (net) -€1,800
Current investments +€25,000
Short-term financial debts +€499
Cash 2025 €43,239
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €536,855 €509,992 -€26,864 -5.0%
Fixed assets 21/28 €1,566 €2,442 +€876 +55.9%
Tangible fixed assets 22/27 €1,566 €2,442 +€876 +55.9%
Furniture and vehicles 24 €1,566 €2,442 +€876 +55.9%
Leasing and similar rights 25 €0 - =
Current assets 29/58 €535,290 €507,550 -€27,739 -5.2%
Amounts receivable within one year 40/41 €156,972 €162,376 +€5,404 +3.4%
Trade receivables 40 €0 - =
Other amounts receivable 41 €156,972 €162,376 +€5,404 +3.4%
Current investments 50/53 €325,000 €300,000 -€25,000 -7.7%
Cash at bank and in hand 54/58 €50,256 €43,239 -€7,017 -14.0%
Deferred charges and accrued income 490/1 €3,062 €1,935 -€1,127 -36.8%
Total equity and liabilities 10/49 €536,855 €509,992 -€26,864 -5.0%
Equity 10/15 €290,638 €291,216 +€578 +0.2%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €270,638 €271,216 +€578 +0.2%
Distributable reserves 133 €270,638 €271,216 +€578 +0.2%
Amounts payable 17/49 €246,217 €218,776 -€27,442 -11.1%
Amounts payable within one year 42/48 €246,217 €218,776 -€27,442 -11.1%
Current portion of amounts payable after more than one year 42 €0 - =
Financial debts 43 - €499 +€499
Credit institutions 430/8 - €499 +€499
Trade debts 44 €6,432 €2,369 -€4,062 -63.2%
Suppliers 440/4 €6,432 €2,369 -€4,062 -63.2%
Taxes, remuneration and social security 45 €4,408 €5,391 +€982 +22.3%
Taxes 450/3 €4,408 €5,391 +€982 +22.3%
Other amounts payable 47/48 €235,377 €210,517 -€24,861 -10.6%
Remuneration, social security and pensions 62 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €574 €924 +€350 +61.1%
Other operating charges 640/8 €1,355 €610 -€745 -55.0%
Gross operating margin 9900 €64,664 €15,795 -€48,868 -75.6%
Operating profit (loss) 9901 €62,735 €14,262 -€48,473 -77.3%
Financial income 75/76B €12,369 €3,246 -€9,123 -73.8%
Recurring financial income 75 €12,369 €3,246 -€9,123 -73.8%
Financial charges 65/66B €17,279 €15,638 -€1,642 -9.5%
Recurring financial charges 65 €17,279 €15,638 -€1,642 -9.5%
Profit (loss) for the period before taxes 9903 €57,825 €1,870 -€55,954 -96.8%
Income taxes 67/77 €6,311 €1,292 -€5,019 -79.5%
Profit (loss) for the period 9904 €51,513 €578 -€50,935 -98.9%
Profit (loss) for the period to be appropriated 9905 €51,513 €578 -€50,935 -98.9%

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 4 October 2026 via checked.be.