NoJo Tech: 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.
NoJo Tech
Largest movements
- Tangible fixed assets +€201,454
up €201,454 (+153%), from €131,519 to €332,973
of which Land and buildings: +€201,145
- Cash +€200,669
up €200,669 (+76.9%), from €261,053 to €461,722
mainly Trade debts (+€179,864) and Other debts (+€107,295)
- Receivables within one year -€45,254
down €45,254 (-70.1%), from €64,593 to €19,339
of which Trade receivables: -€27,856
- Trade debts +€179,864
up €179,864 (+40,750%), from €441 to €180,305
- Other debts +€107,295
up €107,295 (+406%), from €26,416 to €133,711
- Debts after one year +€81,305
new in 2025: €81,305
- Reserves -€42,712
down €42,712 (-7.0%), from €610,645 to €567,933
- Current portion of long-term debt +€18,695
new in 2025: €18,695
- Financial income +€12,777
up €12,777 (+175%), from €7,303 to €20,081
- Gross operating margin +€3,765
up €3,765 (+2.1%), from €175,867 to €179,631
- Taxes +€2,422
up €2,422 (+6.1%), from €39,628 to €42,050
- Depreciation +€2,058
up €2,058 (+4.4%), from €46,691 to €48,749
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 | €662,530 | €1,015,545 | +€353,014 | +53.3% |
| Fixed assets | 21/28 | €133,414 | €334,474 | +€201,060 | +151% |
| Intangible fixed assets | 21 | €1,895 | €1,501 | -€394 | -20.8% |
| Tangible fixed assets | 22/27 | €131,519 | €332,973 | +€201,454 | +153% |
| Land and buildings | 22 | - | €201,145 | +€201,145 | |
| Plant, machinery and equipment | 23 | €576 | €289 | -€287 | -49.8% |
| Furniture and vehicles | 24 | €118,373 | €76,265 | -€42,108 | -35.6% |
| Other tangible fixed assets | 26 | €12,569 | €55,274 | +€42,705 | +340% |
| Current assets | 29/58 | €529,117 | €681,071 | +€151,954 | +28.7% |
| Amounts receivable after more than one year | 29 | €195,000 | €196,851 | +€1,851 | +0.9% |
| Other amounts receivable | 291 | €195,000 | €196,851 | +€1,851 | +0.9% |
| Amounts receivable within one year | 40/41 | €64,593 | €19,339 | -€45,254 | -70.1% |
| Trade receivables | 40 | €39,593 | €11,737 | -€27,856 | -70.4% |
| Other amounts receivable | 41 | €25,000 | €7,602 | -€17,398 | -69.6% |
| Cash at bank and in hand | 54/58 | €261,053 | €461,722 | +€200,669 | +76.9% |
| Deferred charges and accrued income | 490/1 | €8,471 | €3,159 | -€5,312 | -62.7% |
| Total equity and liabilities | 10/49 | €662,530 | €1,015,545 | +€353,014 | +53.3% |
| Equity | 10/15 | €613,645 | €587,763 | -€25,882 | -4.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €610,645 | €567,933 | -€42,712 | -7.0% |
| Distributable reserves | 133 | €610,645 | €567,933 | -€42,712 | -7.0% |
| Profit (loss) carried forward | 14 | - | €16,831 | +€16,831 | |
| Amounts payable | 17/49 | €48,885 | €427,781 | +€378,896 | +775% |
| Amounts payable after more than one year | 17 | - | €81,305 | +€81,305 | |
| Financial debts | 170/4 | - | €81,305 | +€81,305 | |
| Amounts payable within one year | 42/48 | €48,885 | €346,476 | +€297,591 | +609% |
| Current portion of amounts payable after more than one year | 42 | - | €18,695 | +€18,695 | |
| Trade debts | 44 | €441 | €180,305 | +€179,864 | +40,750% |
| Suppliers | 440/4 | €441 | €180,305 | +€179,864 | +40,750% |
| Taxes, remuneration and social security | 45 | €22,028 | €13,765 | -€8,263 | -37.5% |
| Taxes | 450/3 | €22,028 | €13,765 | -€8,263 | -37.5% |
| Other amounts payable | 47/48 | €26,416 | €133,711 | +€107,295 | +406% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,691 | €48,749 | +€2,058 | +4.4% |
| Other operating charges | 640/8 | €140 | €1,536 | +€1,395 | +994% |
| Gross operating margin | 9900 | €175,867 | €179,631 | +€3,765 | +2.1% |
| Operating profit (loss) | 9901 | €129,035 | €129,347 | +€311 | +0.2% |
| Financial income | 75/76B | €7,303 | €20,081 | +€12,777 | +175% |
| Recurring financial income | 75 | €7,303 | €20,081 | +€12,777 | +175% |
| Financial charges | 65/66B | €156 | €547 | +€391 | +250% |
| Recurring financial charges | 65 | €156 | €547 | +€391 | +250% |
| Profit (loss) for the period before taxes | 9903 | €136,182 | €148,881 | +€12,698 | +9.3% |
| Income taxes | 67/77 | €39,628 | €42,050 | +€2,422 | +6.1% |
| Profit (loss) for the period | 9904 | €96,554 | €106,831 | +€10,277 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €96,554 | €106,831 | +€10,277 | +10.6% |
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 28 October 2026 via checked.be.