NOYEZ PROJECTS: 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.
NOYEZ PROJECTS
Largest movements
- Cash -€7,315
down €7,315 (-95.4%), from €7,671 to €356
mainly Debts after one year (-€6,534) and Net result for the year (-€5,208)
- Tangible fixed assets -€4,952
down €4,952 (-29.4%), from €16,859 to €11,908
of which Furniture and vehicles: -€3,140
- Intangible fixed assets -€670
down €670 (-35.9%), from €1,868 to €1,198
- Receivables within one year -€563
down €563 (-6.4%), from €8,791 to €8,229
of which Other amounts receivable: -€1,447
- Debts after one year -€6,534
down €6,534 (-46.1%), from €14,182 to €7,648
- Profit (loss) carried forward -€5,210
down €5,210 (-70.6%), from €7,379 to €2,169
- Tax, wage and social debts -€2,148
down €2,148 (-39.3%), from €5,462 to €3,314
- Gross operating margin -€23,975
down €23,975 (-92.7%), from €25,860 to €1,885
- Taxes -€3,195
down €3,195 (-100.0%), from €3,195 to €0
- Other operating charges -€492
down €492 (-41.9%), from €1,175 to €683
- Financial charges -€376
down €376 (-27.3%), from €1,378 to €1,002
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 | €35,314 | €21,865 | -€13,449 | -38.1% |
| Fixed assets | 21/28 | €18,727 | €13,106 | -€5,622 | -30.0% |
| Intangible fixed assets | 21 | €1,868 | €1,198 | -€670 | -35.9% |
| Tangible fixed assets | 22/27 | €16,859 | €11,908 | -€4,952 | -29.4% |
| Plant, machinery and equipment | 23 | €4,939 | €3,528 | -€1,411 | -28.6% |
| Furniture and vehicles | 24 | €10,815 | €7,675 | -€3,140 | -29.0% |
| Other tangible fixed assets | 26 | €1,105 | €705 | -€400 | -36.2% |
| Current assets | 29/58 | €16,587 | €8,759 | -€7,827 | -47.2% |
| Amounts receivable within one year | 40/41 | €8,791 | €8,229 | -€563 | -6.4% |
| Trade receivables | 40 | €3,534 | €4,418 | +€884 | +25.0% |
| Other amounts receivable | 41 | €5,258 | €3,811 | -€1,447 | -27.5% |
| Cash at bank and in hand | 54/58 | €7,671 | €356 | -€7,315 | -95.4% |
| Deferred charges and accrued income | 490/1 | €125 | €175 | +€50 | +40.2% |
| Total equity and liabilities | 10/49 | €35,314 | €21,865 | -€13,449 | -38.1% |
| Equity | 10/15 | €9,379 | €4,169 | -€5,210 | -55.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,379 | €2,169 | -€5,210 | -70.6% |
| Amounts payable | 17/49 | €25,935 | €17,696 | -€8,239 | -31.8% |
| Amounts payable after more than one year | 17 | €14,182 | €7,648 | -€6,534 | -46.1% |
| Financial debts | 170/4 | €14,182 | €7,648 | -€6,534 | -46.1% |
| Amounts payable within one year | 42/48 | €11,753 | €10,048 | -€1,705 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €6,271 | €6,534 | +€262 | +4.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €20 | €200 | +€181 | +919.4% |
| Suppliers | 440/4 | €20 | €200 | +€181 | +919.4% |
| Taxes, remuneration and social security | 45 | €5,462 | €3,314 | -€2,148 | -39.3% |
| Taxes | 450/3 | €5,462 | €3,314 | -€2,148 | -39.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,622 | €5,622 | = | 0.0% |
| Other operating charges | 640/8 | €1,175 | €683 | -€492 | -41.9% |
| Gross operating margin | 9900 | €25,860 | €1,885 | -€23,975 | -92.7% |
| Operating profit (loss) | 9901 | €19,064 | -€4,420 | -€23,483 | |
| Financial income | 75/76B | €0 | €213 | +€213 | |
| Recurring financial income | 75 | €0 | €213 | +€213 | |
| Financial charges | 65/66B | €1,378 | €1,002 | -€376 | -27.3% |
| Recurring financial charges | 65 | €1,378 | €1,002 | -€376 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €17,685 | -€5,208 | -€22,894 | |
| Income taxes | 67/77 | €3,195 | €0 | -€3,195 | -100.0% |
| Profit (loss) for the period | 9904 | €14,491 | -€5,208 | -€19,699 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,491 | -€5,208 | -€19,699 |
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 8 October 2026 via checked.be.