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NOWI: 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

NOWI

BE 0802.985.695
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€16,323
2023 · €20,330-€4,006
Equity
€38,653
2023 · €22,330+€16,323
Cash
€10,330
2023 · €12,636-€2,306
Balance sheet total
€158,804
2023 · €144,115+€14,688

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€18,211

    up €18,211 (+168.2%), from €10,830 to €29,040

  • Cash -€2,306

    down €2,306 (-18.2%), from €12,636 to €10,330

    mainly Receivables within one year (-€18,211) and Debts after one year (-€9,277)

Equity and liabilities
  • Reserves +€16,323

    up €16,323 (+80.3%), from €20,330 to €36,653

  • Debts after one year -€9,277

    down €9,277 (-16.1%), from €57,569 to €48,292

  • Tax, wage and social debts +€7,181

    up €7,181 (+68.8%), from €10,444 to €17,625

    of which Taxes: +€4,778

Income statement
  • Financial charges +€6,061

    up €6,061 (+254.4%), from €2,383 to €8,443

  • Taxes -€2,126

    down €2,126 (-29.4%), from €7,236 to €5,111

  • Other operating charges -€916

    down €916 (-59.2%), from €1,546 to €630

  • Gross operating margin -€563

    down €563 (-1.8%), from €31,497 to €30,934

  • Depreciation +€423

    up €423 (+12298.3%), from €3 to €427

From the 2023 result to the 2024 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 2023 €20,330
Gross operating margin -€563
Depreciation -€423
Other operating charges +€916
Financial charges -€6,061
Taxes +€2,126
Result 2024 €16,323

Cash bridge derived

cash 2023 to 2024

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.

From operations +€6,554
Investment €0
Financing -€8,860
Cash 2023 €12,636
Net result for the year +€16,323
Depreciation +€427
Receivables within one year -€18,211
Deferred charges and accrued income +€790
Trade debts +€493
Tax, wage and social debts +€7,181
Other debts -€582
Accrued charges and deferred income +€133
Debts after one year -€9,277
Current portion of long-term debt +€416
Cash 2024 €10,330
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €144,115 €158,804 +€14,688 +10.2%
Fixed assets 21/28 €119,860 €119,434 -€427 -0.4%
Tangible fixed assets 22/27 €1,276 €850 -€427 -33.4%
Plant, machinery and equipment 23 €1,276 €850 -€427 -33.4%
Financial fixed assets 28 €118,584 €118,584 = 0.0%
Current assets 29/58 €24,255 €39,370 +€15,115 +62.3%
Amounts receivable within one year 40/41 €10,830 €29,040 +€18,211 +168.2%
Trade receivables 40 €10,830 €29,040 +€18,211 +168.2%
Cash at bank and in hand 54/58 €12,636 €10,330 -€2,306 -18.2%
Deferred charges and accrued income 490/1 €790 €0 -€790 -100.0%
Total equity and liabilities 10/49 €144,115 €158,804 +€14,688 +10.2%
Equity 10/15 €22,330 €38,653 +€16,323 +73.1%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €20,330 €36,653 +€16,323 +80.3%
Distributable reserves 133 €20,330 €36,653 +€16,323 +80.3%
Amounts payable 17/49 €121,786 €120,151 -€1,635 -1.3%
Amounts payable after more than one year 17 €57,569 €48,292 -€9,277 -16.1%
Financial debts 170/4 €57,569 €48,292 -€9,277 -16.1%
Amounts payable within one year 42/48 €64,217 €71,726 +€7,509 +11.7%
Current portion of amounts payable after more than one year 42 €8,860 €9,277 +€416 +4.7%
Trade debts 44 €187 €681 +€493 +263.3%
Suppliers 440/4 €187 €681 +€493 +263.3%
Taxes, remuneration and social security 45 €10,444 €17,625 +€7,181 +68.8%
Taxes 450/3 €10,444 €15,222 +€4,778 +45.7%
Remuneration and social security 454/9 - €2,403 +€2,403
Other amounts payable 47/48 €44,725 €44,144 -€582 -1.3%
Accrued charges and deferred income 492/3 - €133 +€133
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3 €427 +€423 +12298.3%
Other operating charges 640/8 €1,546 €630 -€916 -59.2%
Gross operating margin 9900 €31,497 €30,934 -€563 -1.8%
Operating profit (loss) 9901 €29,948 €29,877 -€71 -0.2%
Financial charges 65/66B €2,383 €8,443 +€6,061 +254.4%
Recurring financial charges 65 €2,383 €8,443 +€6,061 +254.4%
Profit (loss) for the period before taxes 9903 €27,566 €21,434 -€6,132 -22.2%
Income taxes 67/77 €7,236 €5,111 -€2,126 -29.4%
Profit (loss) for the period 9904 €20,330 €16,323 -€4,006 -19.7%
Profit (loss) for the period to be appropriated 9905 €20,330 €16,323 -€4,006 -19.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.