NOI: what changed
What changed
NOI
NACE 46.730, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€23,564
2024 · -€3,123-€20,441
Equity
-€75,775
2024 · -€52,211-€23,564
Cash
€169
2024 · -+€169
Balance sheet total
€10,824
2024 · €29,038-€18,214
Largest movements
Assets
- Stocks and contracts -€19,019
down €19,019 (-67.2%), from €28,309 to €9,290
- Receivables within one year +€635
up €635 (+87.0%), from €730 to €1,365
Equity and liabilities
- Profit (loss) carried forward -€23,564
down €23,564 (-16.9%), from -€139,085 to -€162,649
- Other debts +€5,624
up €5,624 (+7.0%), from €80,772 to €86,396
Income statement
- Gross operating margin -€1,430
down €1,430 (-46.7%), from -€3,061 to -€4,491
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€3,123
Gross operating margin
-€1,430
Other operating items
-€19,019
Financial charges
+€8
Result 2025
-€23,564
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€173
Investment
€0
Financing
-€3
Cash 2024
€0
From operations (derived)
+€173
Net result for the year
-€23,564
Stocks and contracts
+€19,019
Receivables within one year
-€635
Trade debts
-€271
Other debts
+€5,624
Financing
-€3
Short-term financial debts
-€3
Cash 2025
€169
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,038 | €10,824 | -€18,214 | -62.7% |
| Current assets | 29/58 | €29,038 | €10,824 | -€18,214 | -62.7% |
| Stocks and contracts in progress | 3 | €28,309 | €9,290 | -€19,019 | -67.2% |
| Stocks | 30/36 | €28,309 | €9,290 | -€19,019 | -67.2% |
| Amounts receivable within one year | 40/41 | €730 | €1,365 | +€635 | +87.0% |
| Other amounts receivable | 41 | €730 | €1,365 | +€635 | +87.0% |
| Cash at bank and in hand | 54/58 | - | €169 | +€169 | |
| Total equity and liabilities | 10/49 | €29,038 | €10,824 | -€18,214 | -62.7% |
| Equity | 10/15 | -€52,211 | -€75,775 | -€23,564 | -45.1% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Contributions outside capital | 11 | €86,763 | - | -€86,763 | |
| Share premium | 1100/10 | €86,763 | - | -€86,763 | |
| Reserves | 13 | €111 | €111 | = | 0.0% |
| Distributable reserves | 133 | €111 | €111 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,085 | -€162,649 | -€23,564 | -16.9% |
| Amounts payable | 17/49 | €81,249 | €86,599 | +€5,350 | +6.6% |
| Amounts payable within one year | 42/48 | €81,249 | €86,599 | +€5,350 | +6.6% |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | €474 | €203 | -€271 | -57.2% |
| Suppliers | 440/4 | €474 | €203 | -€271 | -57.2% |
| Other amounts payable | 47/48 | €80,772 | €86,396 | +€5,624 | +7.0% |
| Non-recurring operating charges | 66A | - | €19,019 | +€19,019 | |
| Gross operating margin | 9900 | -€3,061 | -€4,491 | -€1,430 | -46.7% |
| Operating profit (loss) | 9901 | -€3,061 | -€23,510 | -€20,449 | -668% |
| Financial charges | 65/66B | €62 | €54 | -€8 | -12.9% |
| Recurring financial charges | 65 | €62 | €54 | -€8 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,123 | -€23,564 | -€20,441 | -655% |
| Profit (loss) for the period | 9904 | -€3,123 | -€23,564 | -€20,441 | -655% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,123 | -€23,564 | -€20,441 | -655% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.