NOALYS: 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.
NOALYS
Largest movements
- Cash +€55,342
up €55,342 (+153.1%), from €36,159 to €91,501
mainly Debts after one year (+€30,947) and Deferred charges and accrued income (+€28,010)
- Deferred charges and accrued income -€28,010
down €28,010 (-43.8%), from €63,893 to €35,884
- Tangible fixed assets -€16,167
down €16,167 (-6.5%), from €247,989 to €231,822
of which Land and buildings: -€10,572
- Receivables within one year +€13,849
up €13,849 (+367.4%), from €3,769 to €17,619
of which Other amounts receivable: +€13,849
- Debts after one year +€30,947
up €30,947 (+17.5%), from €176,733 to €207,680
- Reserves -€7,000
down €7,000 (-6.0%), from €116,860 to €109,860
of which Distributable reserves: -€7,000
- Gross operating margin -€59,092
down €59,092 (-49.8%), from €118,682 to €59,590
- Taxes -€15,988
down €15,988 (-58.7%), from €27,227 to €11,239
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 | €351,811 | €376,825 | +€25,014 | +7.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €247,989 | €231,822 | -€16,167 | -6.5% |
| Tangible fixed assets | 22/27 | €247,989 | €231,822 | -€16,167 | -6.5% |
| Land and buildings | 22 | €236,407 | €225,835 | -€10,572 | -4.5% |
| Plant, machinery and equipment | 23 | €6,608 | €3,198 | -€3,410 | -51.6% |
| Furniture and vehicles | 24 | €4,974 | €2,789 | -€2,185 | -43.9% |
| Current assets | 29/58 | €103,822 | €145,004 | +€41,182 | +39.7% |
| Amounts receivable within one year | 40/41 | €3,769 | €17,619 | +€13,849 | +367.4% |
| Trade receivables | 40 | €345 | €345 | = | 0.0% |
| Other amounts receivable | 41 | €3,424 | €17,274 | +€13,849 | +404.4% |
| Cash at bank and in hand | 54/58 | €36,159 | €91,501 | +€55,342 | +153.1% |
| Deferred charges and accrued income | 490/1 | €63,893 | €35,884 | -€28,010 | -43.8% |
| Total equity and liabilities | 10/49 | €351,811 | €376,825 | +€25,014 | +7.1% |
| Equity | 10/15 | €126,692 | €122,728 | -€3,964 | -3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,860 | €109,860 | -€7,000 | -6.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €115,000 | €108,000 | -€7,000 | -6.1% |
| Profit (loss) carried forward | 14 | €3,632 | €6,668 | +€3,036 | +83.6% |
| Amounts payable | 17/49 | €225,119 | €254,097 | +€28,978 | +12.9% |
| Amounts payable after more than one year | 17 | €176,733 | €207,680 | +€30,947 | +17.5% |
| Financial debts | 170/4 | €176,733 | €207,680 | +€30,947 | +17.5% |
| Amounts payable within one year | 42/48 | €48,386 | €46,417 | -€1,969 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €21,998 | €22,386 | +€388 | +1.8% |
| Trade debts | 44 | €2,851 | €2,809 | -€42 | -1.5% |
| Suppliers | 440/4 | €2,851 | €2,809 | -€42 | -1.5% |
| Taxes, remuneration and social security | 45 | €21,997 | €21,222 | -€775 | -3.5% |
| Taxes | 450/3 | €21,997 | €21,222 | -€775 | -3.5% |
| Other amounts payable | 47/48 | €1,540 | - | -€1,540 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,924 | €16,167 | -€756 | -4.5% |
| Other operating charges | 640/8 | €1,675 | €1,556 | -€119 | -7.1% |
| Gross operating margin | 9900 | €118,682 | €59,590 | -€59,092 | -49.8% |
| Operating profit (loss) | 9901 | €100,084 | €41,867 | -€58,217 | -58.2% |
| Financial income | 75/76B | €100 | €209 | +€109 | +109.2% |
| Recurring financial income | 75 | €100 | €209 | +€109 | +109.2% |
| Financial charges | 65/66B | €5,190 | €4,800 | -€389 | -7.5% |
| Recurring financial charges | 65 | €5,190 | €4,800 | -€389 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €94,994 | €37,276 | -€57,719 | -60.8% |
| Income taxes | 67/77 | €27,227 | €11,239 | -€15,988 | -58.7% |
| Profit (loss) for the period | 9904 | €67,767 | €26,036 | -€41,731 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,767 | €26,036 | -€41,731 | -61.6% |
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 4 October 2026 via checked.be.