Nonobstant: 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.
Nonobstant
Largest movements
- Cash -€58,264
down €58,264 (-67.6%), from €86,189 to €27,925
mainly Contributions, distributions and other (-€89,291) and Tax, wage and social debts (-€11,110)
- Receivables within one year -€3,803
down €3,803 (-25.2%), from €15,099 to €11,296
of which Trade receivables: -€5,460
- Deferred charges and accrued income +€2,771
up €2,771 (+163%), from €1,696 to €4,467
- Reserves -€33,854
no longer reported in 2025 (was €33,854)
- Profit (loss) carried forward -€14,554
down €14,554 (-26.3%), from €55,437 to €40,883
- Tax, wage and social debts -€11,110
down €11,110 (-88.4%), from €12,566 to €1,456
of which Taxes: -€12,566
- Trade debts +€2,573
up €2,573 (+307%), from €839 to €3,411
- Current portion of long-term debt -€2,381
no longer reported in 2025 (was €2,381)
- Gross operating margin -€25,172
down €25,172 (-28.5%), from €88,265 to €63,093
- Taxes -€5,550
down €5,550 (-24.6%), from €22,568 to €17,018
- Depreciation -€4,959
down €4,959 (-57.1%), from €8,683 to €3,724
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.
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 | €108,889 | €49,109 | -€59,780 | -54.9% |
| Fixed assets | 21/28 | €5,906 | €5,421 | -€485 | -8.2% |
| Tangible fixed assets | 22/27 | €5,906 | €5,421 | -€485 | -8.2% |
| Furniture and vehicles | 24 | €4,449 | €4,208 | -€241 | -5.4% |
| Other tangible fixed assets | 26 | €1,457 | €1,213 | -€244 | -16.7% |
| Current assets | 29/58 | €102,984 | €43,688 | -€59,296 | -57.6% |
| Amounts receivable within one year | 40/41 | €15,099 | €11,296 | -€3,803 | -25.2% |
| Trade receivables | 40 | €15,099 | €9,639 | -€5,460 | -36.2% |
| Other amounts receivable | 41 | - | €1,657 | +€1,657 | |
| Cash at bank and in hand | 54/58 | €86,189 | €27,925 | -€58,264 | -67.6% |
| Deferred charges and accrued income | 490/1 | €1,696 | €4,467 | +€2,771 | +163% |
| Total equity and liabilities | 10/49 | €108,889 | €49,109 | -€59,780 | -54.9% |
| Equity | 10/15 | €91,791 | €43,383 | -€48,407 | -52.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €33,854 | - | -€33,854 | |
| Distributable reserves | 133 | €33,854 | - | -€33,854 | |
| Profit (loss) carried forward | 14 | €55,437 | €40,883 | -€14,554 | -26.3% |
| Amounts payable | 17/49 | €17,099 | €5,726 | -€11,373 | -66.5% |
| Amounts payable within one year | 42/48 | €17,099 | €5,726 | -€11,373 | -66.5% |
| Current portion of amounts payable after more than one year | 42 | €2,381 | - | -€2,381 | |
| Trade debts | 44 | €839 | €3,411 | +€2,573 | +307% |
| Suppliers | 440/4 | €839 | €3,411 | +€2,573 | +307% |
| Taxes, remuneration and social security | 45 | €12,566 | €1,456 | -€11,110 | -88.4% |
| Taxes | 450/3 | €12,566 | - | -€12,566 | |
| Remuneration and social security | 454/9 | - | €1,456 | +€1,456 | |
| Other amounts payable | 47/48 | €1,313 | €858 | -€455 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,683 | €3,724 | -€4,959 | -57.1% |
| Other operating charges | 640/8 | €1,230 | €1,297 | +€67 | +5.4% |
| Gross operating margin | 9900 | €88,265 | €63,093 | -€25,172 | -28.5% |
| Operating profit (loss) | 9901 | €78,352 | €58,072 | -€20,280 | -25.9% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €348 | €175 | -€173 | -49.7% |
| Recurring financial charges | 65 | €348 | €175 | -€173 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €78,005 | €57,901 | -€20,103 | -25.8% |
| Income taxes | 67/77 | €22,568 | €17,018 | -€5,550 | -24.6% |
| Profit (loss) for the period | 9904 | €55,437 | €40,883 | -€14,554 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,437 | €40,883 | -€14,554 | -26.3% |
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 30 October 2026 via checked.be.