Nozem: 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.
Nozem
Largest movements
- Receivables within one year -€9,838
down €9,838 (-26.6%), from €37,035 to €27,197
of which Trade receivables: -€8,836
- Cash +€5,763
up €5,763 (+11.4%), from €50,763 to €56,526
mainly Net result for the year (+€34,430) and Receivables within one year (+€9,838)
- Tangible fixed assets -€5,199
down €5,199 (-29.2%), from €17,823 to €12,624
- Other debts -€4,134
down €4,134 (-10.7%), from €38,563 to €34,430
- Tax, wage and social debts -€3,927
down €3,927 (-31.8%), from €12,362 to €8,435
- Trade debts -€1,465
down €1,465 (-90.8%), from €1,614 to €149
- Gross operating margin -€3,539
down €3,539 (-6.1%), from €58,412 to €54,874
- Depreciation +€3,291
up €3,291 (+76.5%), from €4,300 to €7,590
- Taxes -€1,495
down €1,495 (-10.5%), from €14,219 to €12,724
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 | €106,719 | €97,194 | -€9,525 | -8.9% |
| Fixed assets | 21/28 | €18,001 | €12,802 | -€5,199 | -28.9% |
| Tangible fixed assets | 22/27 | €17,823 | €12,624 | -€5,199 | -29.2% |
| Furniture and vehicles | 24 | €17,823 | €12,624 | -€5,199 | -29.2% |
| Financial fixed assets | 28 | €178 | €178 | = | 0.0% |
| Current assets | 29/58 | €88,718 | €84,391 | -€4,326 | -4.9% |
| Amounts receivable within one year | 40/41 | €37,035 | €27,197 | -€9,838 | -26.6% |
| Trade receivables | 40 | €26,305 | €17,470 | -€8,836 | -33.6% |
| Other amounts receivable | 41 | €10,730 | €9,727 | -€1,003 | -9.3% |
| Cash at bank and in hand | 54/58 | €50,763 | €56,526 | +€5,763 | +11.4% |
| Deferred charges and accrued income | 490/1 | €920 | €669 | -€251 | -27.3% |
| Total equity and liabilities | 10/49 | €106,719 | €97,194 | -€9,525 | -8.9% |
| Equity | 10/15 | €54,180 | €54,180 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €49,180 | €49,180 | = | 0.0% |
| Distributable reserves | 133 | €49,180 | €49,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,540 | €43,014 | -€9,525 | -18.1% |
| Amounts payable within one year | 42/48 | €52,540 | €43,014 | -€9,525 | -18.1% |
| Trade debts | 44 | €1,614 | €149 | -€1,465 | -90.8% |
| Suppliers | 440/4 | €1,614 | €149 | -€1,465 | -90.8% |
| Taxes, remuneration and social security | 45 | €12,362 | €8,435 | -€3,927 | -31.8% |
| Taxes | 450/3 | €12,362 | €8,435 | -€3,927 | -31.8% |
| Other amounts payable | 47/48 | €38,563 | €34,430 | -€4,134 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,300 | €7,590 | +€3,291 | +76.5% |
| Other operating charges | 640/8 | €945 | €744 | -€201 | -21.2% |
| Gross operating margin | 9900 | €58,412 | €54,874 | -€3,539 | -6.1% |
| Operating profit (loss) | 9901 | €53,168 | €46,539 | -€6,629 | -12.5% |
| Financial income | 75/76B | €209 | €745 | +€535 | +255.9% |
| Recurring financial income | 75 | €209 | €745 | +€535 | +255.9% |
| Financial charges | 65/66B | €594 | €130 | -€464 | -78.1% |
| Recurring financial charges | 65 | €594 | €130 | -€464 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | €52,783 | €47,154 | -€5,629 | -10.7% |
| Income taxes | 67/77 | €14,219 | €12,724 | -€1,495 | -10.5% |
| Profit (loss) for the period | 9904 | €38,563 | €34,430 | -€4,134 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,563 | €34,430 | -€4,134 | -10.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.