NOWU: 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.
NOWU
Largest movements
- Receivables within one year -€398,122
down €398,122 (-92.7%), from €429,281 to €31,160
of which Trade receivables: -€399,300
- Intangible fixed assets +€330,000
new in 2025: €330,000
- Other debts -€54,412
down €54,412 (-13.3%), from €408,642 to €354,230
- Profit (loss) carried forward -€23,633
down €23,633 (-79.0%), from -€29,915 to -€53,547
- Trade debts +€5,071
up €5,071 (+1,183%), from €429 to €5,500
- Accrued charges and deferred income +€4,816
up €4,816 (+37.4%), from €12,888 to €17,704
- Gross operating margin -€6,922
down €6,922, from €115 to -€6,807
- Financial charges +€4,790
up €4,790 (+37.0%), from €12,960 to €17,749
- Financial income -€237
down €237 (-15.4%), from €1,543 to €1,306
- Other operating charges -€122
down €122 (-24.2%), from €505 to €383
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 | €432,044 | €363,887 | -€68,157 | -15.8% |
| Fixed assets | 21/28 | - | €330,000 | +€330,000 | |
| Intangible fixed assets | 21 | - | €330,000 | +€330,000 | |
| Current assets | 29/58 | €432,044 | €33,887 | -€398,157 | -92.2% |
| Amounts receivable within one year | 40/41 | €429,281 | €31,160 | -€398,122 | -92.7% |
| Trade receivables | 40 | €399,300 | €0 | -€399,300 | -100% |
| Other amounts receivable | 41 | €29,981 | €31,160 | +€1,178 | +3.9% |
| Cash at bank and in hand | 54/58 | €1,584 | €1,421 | -€163 | -10.3% |
| Deferred charges and accrued income | 490/1 | €1,178 | €1,306 | +€128 | +10.9% |
| Total equity and liabilities | 10/49 | €432,044 | €363,887 | -€68,157 | -15.8% |
| Equity | 10/15 | €10,085 | -€13,547 | -€23,633 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,915 | -€53,547 | -€23,633 | -79.0% |
| Amounts payable | 17/49 | €421,959 | €377,434 | -€44,524 | -10.6% |
| Amounts payable within one year | 42/48 | €409,071 | €359,730 | -€49,341 | -12.1% |
| Trade debts | 44 | €429 | €5,500 | +€5,071 | +1,183% |
| Suppliers | 440/4 | €429 | €5,500 | +€5,071 | +1,183% |
| Other amounts payable | 47/48 | €408,642 | €354,230 | -€54,412 | -13.3% |
| Accrued charges and deferred income | 492/3 | €12,888 | €17,704 | +€4,816 | +37.4% |
| Other operating charges | 640/8 | €505 | €383 | -€122 | -24.2% |
| Gross operating margin | 9900 | €115 | -€6,807 | -€6,922 | |
| Operating profit (loss) | 9901 | -€390 | -€7,190 | -€6,799 | -1,741% |
| Financial income | 75/76B | €1,543 | €1,306 | -€237 | -15.4% |
| Recurring financial income | 75 | €1,543 | €1,306 | -€237 | -15.4% |
| Financial charges | 65/66B | €12,960 | €17,749 | +€4,790 | +37.0% |
| Recurring financial charges | 65 | €12,960 | €17,749 | +€4,790 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,807 | -€23,633 | -€11,826 | -100% |
| Profit (loss) for the period | 9904 | -€11,807 | -€23,633 | -€11,826 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,807 | -€23,633 | -€11,826 | -100% |
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 24 October 2026 via checked.be.