60°Nord: 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.
60°Nord
Largest movements
- Tangible fixed assets -€8,789
down €8,789 (-26.0%), from €33,742 to €24,952
of which Furniture and vehicles: -€8,050
- Receivables within one year +€4,697
up €4,697 (+46.8%), from €10,040 to €14,737
of which Trade receivables: +€4,296
- Cash -€2,728
down €2,728 (-6.5%), from €41,717 to €38,989
mainly Contributions, distributions and other (-€30,000) and Debts after one year (-€8,151)
- Deferred charges and accrued income -€1,891
no longer reported in 2025 (was €1,891)
- Debts after one year -€8,151
down €8,151 (-45.1%), from €18,060 to €9,909
- Other debts -€4,875
down €4,875 (-14.0%), from €34,875 to €30,000
- Profit (loss) carried forward +€3,062
up €3,062 (+16.9%), from €18,108 to €21,170
- Taxes -€3,385
down €3,385 (-25.3%), from €13,385 to €10,000
- Gross operating margin -€2,527
down €2,527 (-4.4%), from €57,597 to €55,070
- Other operating charges -€2,251
down €2,251 (-50.8%), from €4,435 to €2,184
- Depreciation +€899
up €899 (+11.4%), from €7,890 to €8,789
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 | €87,390 | €78,679 | -€8,711 | -10.0% |
| Fixed assets | 21/28 | €33,742 | €24,952 | -€8,789 | -26.0% |
| Tangible fixed assets | 22/27 | €33,742 | €24,952 | -€8,789 | -26.0% |
| Plant, machinery and equipment | 23 | €739 | - | -€739 | |
| Furniture and vehicles | 24 | €33,003 | €24,952 | -€8,050 | -24.4% |
| Current assets | 29/58 | €53,648 | €53,726 | +€78 | +0.1% |
| Amounts receivable within one year | 40/41 | €10,040 | €14,737 | +€4,697 | +46.8% |
| Trade receivables | 40 | €2,042 | €6,339 | +€4,296 | +210% |
| Other amounts receivable | 41 | €7,997 | €8,398 | +€401 | +5.0% |
| Cash at bank and in hand | 54/58 | €41,717 | €38,989 | -€2,728 | -6.5% |
| Deferred charges and accrued income | 490/1 | €1,891 | - | -€1,891 | |
| Total equity and liabilities | 10/49 | €87,390 | €78,679 | -€8,711 | -10.0% |
| Equity | 10/15 | €20,608 | €23,670 | +€3,062 | +14.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,108 | €21,170 | +€3,062 | +16.9% |
| Amounts payable | 17/49 | €66,782 | €55,008 | -€11,774 | -17.6% |
| Amounts payable after more than one year | 17 | €18,060 | €9,909 | -€8,151 | -45.1% |
| Financial debts | 170/4 | €18,060 | €9,909 | -€8,151 | -45.1% |
| Amounts payable within one year | 42/48 | €48,722 | €45,100 | -€3,623 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €7,847 | €8,151 | +€304 | +3.9% |
| Trade debts | 44 | - | €449 | +€449 | |
| Suppliers | 440/4 | - | €449 | +€449 | |
| Taxes, remuneration and social security | 45 | €6,000 | €6,500 | +€500 | +8.3% |
| Taxes | 450/3 | €4,500 | €5,000 | +€500 | +11.1% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €34,875 | €30,000 | -€4,875 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,890 | €8,789 | +€899 | +11.4% |
| Other operating charges | 640/8 | €4,435 | €2,184 | -€2,251 | -50.8% |
| Gross operating margin | 9900 | €57,597 | €55,070 | -€2,527 | -4.4% |
| Operating profit (loss) | 9901 | €45,271 | €44,097 | -€1,175 | -2.6% |
| Financial income | 75/76B | €93 | - | -€93 | |
| Recurring financial income | 75 | €93 | - | -€93 | |
| Non-recurring financial income | 76B | €93 | - | -€93 | |
| Financial charges | 65/66B | €1,543 | €1,034 | -€508 | -32.9% |
| Recurring financial charges | 65 | €1,543 | €1,012 | -€530 | -34.4% |
| Non-recurring financial charges | 66B | - | €22 | +€22 | |
| Profit (loss) for the period before taxes | 9903 | €43,822 | €43,062 | -€759 | -1.7% |
| Income taxes | 67/77 | €13,385 | €10,000 | -€3,385 | -25.3% |
| Profit (loss) for the period | 9904 | €30,436 | €33,062 | +€2,626 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,436 | €33,062 | +€2,626 | +8.6% |
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 23 October 2026 via checked.be.