Piret Noémie: 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.
Piret Noémie
Largest movements
- Receivables within one year +€14,452
new in 2025: €14,452
- Cash -€1,933
down €1,933 (-11.3%), from €17,136 to €15,203
mainly Receivables within one year (-€14,452) and Tax, wage and social debts (-€1,087)
- Deferred charges and accrued income +€555
up €555 (+142%), from €392 to €946
- Reserves +€13,953
up €13,953 (+114%), from €12,260 to €26,212
- Tax, wage and social debts -€1,087
down €1,087 (-100%), from €1,087 to €0
- Other debts +€611
up €611 (+84.2%), from €726 to €1,336
- Accrued charges and deferred income -€404
down €404 (-100%), from €404 to €0
- Taxes -€1,355
down €1,355 (-33.2%), from €4,087 to €2,731
- Gross operating margin +€811
up €811 (+4.9%), from €16,398 to €17,209
- Other operating charges +€400
new in 2025: €400
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 | €17,527 | €30,601 | +€13,073 | +74.6% |
| Current assets | 29/58 | €17,527 | €30,601 | +€13,073 | +74.6% |
| Amounts receivable within one year | 40/41 | - | €14,452 | +€14,452 | |
| Other amounts receivable | 41 | - | €14,452 | +€14,452 | |
| Cash at bank and in hand | 54/58 | €17,136 | €15,203 | -€1,933 | -11.3% |
| Deferred charges and accrued income | 490/1 | €392 | €946 | +€555 | +142% |
| Total equity and liabilities | 10/49 | €17,527 | €30,601 | +€13,073 | +74.6% |
| Equity | 10/15 | €15,260 | €29,212 | +€13,953 | +91.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,260 | €26,212 | +€13,953 | +114% |
| Distributable reserves | 133 | €12,260 | €26,212 | +€13,953 | +114% |
| Amounts payable | 17/49 | €2,268 | €1,388 | -€879 | -38.8% |
| Amounts payable within one year | 42/48 | €1,864 | €1,388 | -€476 | -25.5% |
| Trade debts | 44 | €52 | €52 | = | 0.0% |
| Suppliers | 440/4 | €52 | €52 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,087 | €0 | -€1,087 | -100% |
| Taxes | 450/3 | €1,087 | €0 | -€1,087 | -100% |
| Other amounts payable | 47/48 | €726 | €1,336 | +€611 | +84.2% |
| Accrued charges and deferred income | 492/3 | €404 | €0 | -€404 | -100% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €16,398 | €17,209 | +€811 | +4.9% |
| Operating profit (loss) | 9901 | €16,398 | €16,810 | +€411 | +2.5% |
| Financial charges | 65/66B | €52 | €126 | +€74 | +142% |
| Recurring financial charges | 65 | €52 | €126 | +€74 | +142% |
| Profit (loss) for the period before taxes | 9903 | €16,346 | €16,684 | +€338 | +2.1% |
| Income taxes | 67/77 | €4,087 | €2,731 | -€1,355 | -33.2% |
| Profit (loss) for the period | 9904 | €12,260 | €13,953 | +€1,693 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,260 | €13,953 | +€1,693 | +13.8% |
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 27 October 2026 via checked.be.