NUROP: 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.
NUROP
Largest movements
- Tangible fixed assets +€100,268
up €100,268 (+28.3%), from €354,290 to €454,558
of which Furniture and vehicles: +€66,693
- Receivables within one year -€23,553
down €23,553 (-18.8%), from €125,598 to €102,045
of which Trade receivables: -€16,287
- Debts after one year +€43,820
up €43,820 (+17.5%), from €249,828 to €293,648
- Reserves +€23,045
up €23,045 (+41.0%), from €56,223 to €79,268
of which Distributable reserves: +€23,045
- Current portion of long-term debt +€20,257
up €20,257 (+28.0%), from €72,227 to €92,484
- Trade debts -€19,957
down €19,957 (-36.3%), from €55,044 to €35,087
- Tax, wage and social debts +€9,416
up €9,416 (+584%), from €1,613 to €11,029
- Gross operating margin +€68,107
up €68,107 (+92.2%), from €73,860 to €141,967
- Taxes +€18,144
up €18,144 (+19,810%), from €92 to €18,235
- Depreciation +€16,714
up €16,714 (+24.4%), from €68,363 to €85,077
- Financial charges +€10,828
up €10,828 (+437%), from €2,477 to €13,305
- Financial income -€3,532
down €3,532 (-100.0%), from €3,532 to €0
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 | €560,821 | €637,402 | +€76,581 | +13.7% |
| Fixed assets | 21/28 | €355,034 | €455,301 | +€100,268 | +28.2% |
| Tangible fixed assets | 22/27 | €354,290 | €454,558 | +€100,268 | +28.3% |
| Land and buildings | 22 | €112,184 | €164,282 | +€52,098 | +46.4% |
| Plant, machinery and equipment | 23 | €122,557 | €104,034 | -€18,523 | -15.1% |
| Furniture and vehicles | 24 | €119,550 | €186,242 | +€66,693 | +55.8% |
| Financial fixed assets | 28 | €744 | €744 | = | 0.0% |
| Current assets | 29/58 | €205,787 | €182,100 | -€23,687 | -11.5% |
| Stocks and contracts in progress | 3 | €67,250 | €69,580 | +€2,330 | +3.5% |
| Stocks | 30/36 | €67,250 | €69,580 | +€2,330 | +3.5% |
| Amounts receivable within one year | 40/41 | €125,598 | €102,045 | -€23,553 | -18.8% |
| Trade receivables | 40 | €118,168 | €101,881 | -€16,287 | -13.8% |
| Other amounts receivable | 41 | €7,431 | €164 | -€7,266 | -97.8% |
| Cash at bank and in hand | 54/58 | €12,583 | €9,385 | -€3,198 | -25.4% |
| Deferred charges and accrued income | 490/1 | €356 | €1,090 | +€734 | +206% |
| Total equity and liabilities | 10/49 | €560,821 | €637,402 | +€76,581 | +13.7% |
| Equity | 10/15 | €87,223 | €110,268 | +€23,045 | +26.4% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Contributions outside capital | 11 | €31,000 | - | -€31,000 | |
| Other | 1109/19 | €31,000 | - | -€31,000 | |
| Reserves | 13 | €56,223 | €79,268 | +€23,045 | +41.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €53,123 | €76,168 | +€23,045 | +43.4% |
| Amounts payable | 17/49 | €473,597 | €527,133 | +€53,536 | +11.3% |
| Amounts payable after more than one year | 17 | €249,828 | €293,648 | +€43,820 | +17.5% |
| Financial debts | 170/4 | €249,828 | €293,648 | +€43,820 | +17.5% |
| Amounts payable within one year | 42/48 | €223,769 | €233,485 | +€9,716 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €72,227 | €92,484 | +€20,257 | +28.0% |
| Trade debts | 44 | €55,044 | €35,087 | -€19,957 | -36.3% |
| Suppliers | 440/4 | €55,044 | €35,087 | -€19,957 | -36.3% |
| Taxes, remuneration and social security | 45 | €1,613 | €11,029 | +€9,416 | +584% |
| Taxes | 450/3 | €1,613 | €11,029 | +€9,416 | +584% |
| Other amounts payable | 47/48 | €94,885 | €94,885 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,363 | €85,077 | +€16,714 | +24.4% |
| Other operating charges | 640/8 | €5,544 | €2,304 | -€3,239 | -58.4% |
| Gross operating margin | 9900 | €73,860 | €141,967 | +€68,107 | +92.2% |
| Operating profit (loss) | 9901 | -€47 | €54,585 | +€54,632 | |
| Financial income | 75/76B | €3,532 | €0 | -€3,532 | -100.0% |
| Recurring financial income | 75 | €3,532 | €0 | -€3,532 | -100.0% |
| Financial charges | 65/66B | €2,477 | €13,305 | +€10,828 | +437% |
| Recurring financial charges | 65 | €2,477 | €13,305 | +€10,828 | +437% |
| Profit (loss) for the period before taxes | 9903 | €1,007 | €41,280 | +€40,273 | +3,997% |
| Income taxes | 67/77 | €92 | €18,235 | +€18,144 | +19,810% |
| Profit (loss) for the period | 9904 | €916 | €23,045 | +€22,129 | +2,416% |
| Profit (loss) for the period to be appropriated | 9905 | €916 | €23,045 | +€22,129 | +2,416% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.