TECH - NOBEL SA: 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.
TECH - NOBEL SA
Largest movements
- Cash -€65,651
down €65,651 (-76.1%), from €86,295 to €20,644
mainly Contributions, distributions and other (-€37,271) and Other debts (-€30,517)
- Receivables within one year +€28,456
up €28,456 (+26.0%), from €109,598 to €138,054
of which Other amounts receivable: +€28,456
- Other debts -€30,517
down €30,517 (-53.9%), from €56,607 to €26,090
- Tax, wage and social debts -€9,677
down €9,677 (-38.0%), from €25,435 to €15,758
of which Taxes: -€9,677
- Gross operating margin -€57,385
down €57,385 (-53.2%), from €107,812 to €50,427
- Taxes -€14,302
down €14,302 (-53.4%), from €26,770 to €12,467
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 | €209,540 | €170,460 | -€39,080 | -18.7% |
| Current assets | 29/58 | €209,540 | €170,460 | -€39,080 | -18.7% |
| Stocks and contracts in progress | 3 | €13,647 | €11,762 | -€1,884 | -13.8% |
| Stocks | 30/36 | €13,647 | €11,762 | -€1,884 | -13.8% |
| Amounts receivable within one year | 40/41 | €109,598 | €138,054 | +€28,456 | +26.0% |
| Trade receivables | 40 | €105,888 | €105,888 | = | 0.0% |
| Other amounts receivable | 41 | €3,710 | €32,166 | +€28,456 | +767.1% |
| Cash at bank and in hand | 54/58 | €86,295 | €20,644 | -€65,651 | -76.1% |
| Total equity and liabilities | 10/49 | €209,540 | €170,460 | -€39,080 | -18.7% |
| Equity | 10/15 | €115,909 | €115,909 | = | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,709 | €47,709 | = | 0.0% |
| Amounts payable | 17/49 | €93,631 | €54,551 | -€39,080 | -41.7% |
| Amounts payable within one year | 42/48 | €93,631 | €54,551 | -€39,080 | -41.7% |
| Trade debts | 44 | €11,589 | €12,703 | +€1,114 | +9.6% |
| Suppliers | 440/4 | €11,589 | €12,703 | +€1,114 | +9.6% |
| Taxes, remuneration and social security | 45 | €25,435 | €15,758 | -€9,677 | -38.0% |
| Taxes | 450/3 | €25,435 | €15,758 | -€9,677 | -38.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €56,607 | €26,090 | -€30,517 | -53.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €0 | €387 | +€387 | |
| Gross operating margin | 9900 | €107,812 | €50,427 | -€57,385 | -53.2% |
| Operating profit (loss) | 9901 | €107,812 | €50,039 | -€57,773 | -53.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €175 | €301 | +€125 | +71.4% |
| Recurring financial charges | 65 | €175 | €301 | +€125 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €107,636 | €49,738 | -€57,898 | -53.8% |
| Income taxes | 67/77 | €26,770 | €12,467 | -€14,302 | -53.4% |
| Profit (loss) for the period | 9904 | €80,867 | €37,271 | -€43,596 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,867 | €37,271 | -€43,596 | -53.9% |
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.