Noyen consulting: 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.
Noyen consulting
Largest movements
- Cash +€30,836
up €30,836 (+334%), from €9,220 to €40,056
mainly Net result for the year (+€94,239) and Other debts (+€63,103)
- Receivables within one year -€13,221
down €13,221 (-18.3%), from €72,343 to €59,122
of which Trade receivables: -€12,724
- Debts after one year -€89,166
down €89,166 (-9.1%), from €977,697 to €888,531
- Other debts +€63,103
up €63,103 (+478%), from €13,212 to €76,316
- Tax, wage and social debts +€33,144
up €33,144 (+367%), from €9,029 to €42,172
- Gross operating margin +€66,811
up €66,811 (+94.2%), from €70,932 to €137,743
- Taxes +€15,684
up €15,684 (+88.2%), from €17,779 to €33,463
- Depreciation +€2,924
up €2,924 (+64.8%), from €4,509 to €7,433
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 | €1,184,021 | €1,202,523 | +€18,502 | +1.6% |
| Fixed assets | 21/28 | €1,102,458 | €1,103,345 | +€887 | +0.1% |
| Tangible fixed assets | 22/27 | €23,510 | €24,398 | +€887 | +3.8% |
| Plant, machinery and equipment | 23 | €4,531 | €3,238 | -€1,293 | -28.5% |
| Furniture and vehicles | 24 | - | €5,169 | +€5,169 | |
| Other tangible fixed assets | 26 | €18,979 | €15,990 | -€2,989 | -15.7% |
| Financial fixed assets | 28 | €1,078,947 | €1,078,947 | = | 0.0% |
| Current assets | 29/58 | €81,563 | €99,178 | +€17,615 | +21.6% |
| Amounts receivable within one year | 40/41 | €72,343 | €59,122 | -€13,221 | -18.3% |
| Trade receivables | 40 | €71,500 | €58,776 | -€12,724 | -17.8% |
| Other amounts receivable | 41 | €843 | €346 | -€497 | -59.0% |
| Cash at bank and in hand | 54/58 | €9,220 | €40,056 | +€30,836 | +334% |
| Total equity and liabilities | 10/49 | €1,184,021 | €1,202,523 | +€18,502 | +1.6% |
| Equity | 10/15 | €153,550 | €162,789 | +€9,239 | +6.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €151,550 | €160,789 | +€9,239 | +6.1% |
| Distributable reserves | 133 | €151,550 | €160,789 | +€9,239 | +6.1% |
| Amounts payable | 17/49 | €1,030,471 | €1,039,734 | +€9,264 | +0.9% |
| Amounts payable after more than one year | 17 | €977,697 | €888,531 | -€89,166 | -9.1% |
| Financial debts | 170/4 | €977,697 | €888,531 | -€89,166 | -9.1% |
| Amounts payable within one year | 42/48 | €52,773 | €151,203 | +€98,430 | +187% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €532 | €2,715 | +€2,183 | +410% |
| Suppliers | 440/4 | €532 | €2,715 | +€2,183 | +410% |
| Taxes, remuneration and social security | 45 | €9,029 | €42,172 | +€33,144 | +367% |
| Taxes | 450/3 | €9,029 | €42,172 | +€33,144 | +367% |
| Other amounts payable | 47/48 | €13,212 | €76,316 | +€63,103 | +478% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,509 | €7,433 | +€2,924 | +64.8% |
| Other operating charges | 640/8 | €781 | €1,694 | +€913 | +117% |
| Non-recurring operating charges | 66A | - | €770 | +€770 | |
| Gross operating margin | 9900 | €70,932 | €137,743 | +€66,811 | +94.2% |
| Operating profit (loss) | 9901 | €65,642 | €127,846 | +€62,204 | +94.8% |
| Financial charges | 65/66B | €94 | €145 | +€51 | +53.8% |
| Recurring financial charges | 65 | €94 | €145 | +€51 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €65,548 | €127,701 | +€62,153 | +94.8% |
| Income taxes | 67/77 | €17,779 | €33,463 | +€15,684 | +88.2% |
| Profit (loss) for the period | 9904 | €47,769 | €94,239 | +€46,470 | +97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,769 | €94,239 | +€46,470 | +97.3% |
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 22 October 2026 via checked.be.