66noord: 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.
66noord
Largest movements
- Receivables within one year +€130,347
up €130,347 (+489%), from €26,665 to €157,012
of which Trade receivables: +€130,980
- Cash +€38,565
up €38,565 (+26.2%), from €147,199 to €185,764
mainly Net result for the year (+€169,191) and Depreciation (+€6,882)
- Tangible fixed assets +€16,299
up €16,299 (+233%), from €6,983 to €23,283
of which Plant, machinery and equipment: +€8,408
- Deferred charges and accrued income -€6,263
down €6,263 (-45.4%), from €13,784 to €7,520
- Reserves +€169,191
up €169,191 (+40.5%), from €418,165 to €587,356
- Gross operating margin +€95,761
up €95,761 (+62.7%), from €152,752 to €248,513
- Taxes +€31,499
up €31,499 (+68.0%), from €46,298 to €77,797
- Financial income +€6,330
up €6,330 (+291%), from €2,178 to €8,509
- Depreciation +€5,437
up €5,437 (+377%), from €1,444 to €6,882
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 | €447,629 | €625,245 | +€177,616 | +39.7% |
| Fixed assets | 21/28 | €9,982 | €24,948 | +€14,966 | +150% |
| Intangible fixed assets | 21 | €2,499 | €1,666 | -€833 | -33.3% |
| Tangible fixed assets | 22/27 | €6,983 | €23,283 | +€16,299 | +233% |
| Plant, machinery and equipment | 23 | €0 | €8,408 | +€8,408 | |
| Furniture and vehicles | 24 | €6,983 | €14,875 | +€7,892 | +113% |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100% |
| Current assets | 29/58 | €437,647 | €600,297 | +€162,649 | +37.2% |
| Amounts receivable within one year | 40/41 | €26,665 | €157,012 | +€130,347 | +489% |
| Trade receivables | 40 | €21,425 | €152,405 | +€130,980 | +611% |
| Other amounts receivable | 41 | €5,240 | €4,607 | -€633 | -12.1% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147,199 | €185,764 | +€38,565 | +26.2% |
| Deferred charges and accrued income | 490/1 | €13,784 | €7,520 | -€6,263 | -45.4% |
| Total equity and liabilities | 10/49 | €447,629 | €625,245 | +€177,616 | +39.7% |
| Equity | 10/15 | €424,365 | €593,556 | +€169,191 | +39.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €418,165 | €587,356 | +€169,191 | +40.5% |
| Distributable reserves | 133 | €418,165 | €587,356 | +€169,191 | +40.5% |
| Amounts payable | 17/49 | €23,264 | €31,689 | +€8,425 | +36.2% |
| Amounts payable within one year | 42/48 | €22,505 | €30,930 | +€8,425 | +37.4% |
| Trade debts | 44 | €11,310 | €15,710 | +€4,400 | +38.9% |
| Suppliers | 440/4 | €11,310 | €15,710 | +€4,400 | +38.9% |
| Taxes, remuneration and social security | 45 | €11,196 | €12,474 | +€1,278 | +11.4% |
| Taxes | 450/3 | €11,196 | €12,474 | +€1,278 | +11.4% |
| Other amounts payable | 47/48 | €0 | €2,746 | +€2,746 | |
| Accrued charges and deferred income | 492/3 | €759 | €759 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,572 | +€7,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,444 | €6,882 | +€5,437 | +377% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Gross operating margin | 9900 | €152,752 | €248,513 | +€95,761 | +62.7% |
| Operating profit (loss) | 9901 | €150,731 | €241,038 | +€90,307 | +59.9% |
| Financial income | 75/76B | €2,178 | €8,509 | +€6,330 | +291% |
| Recurring financial income | 75 | €2,178 | €8,509 | +€6,330 | +291% |
| Financial charges | 65/66B | €864 | €2,558 | +€1,695 | +196% |
| Recurring financial charges | 65 | €864 | €2,558 | +€1,695 | +196% |
| Profit (loss) for the period before taxes | 9903 | €152,046 | €246,988 | +€94,943 | +62.4% |
| Income taxes | 67/77 | €46,298 | €77,797 | +€31,499 | +68.0% |
| Profit (loss) for the period | 9904 | €105,747 | €169,191 | +€63,444 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €105,747 | €169,191 | +€63,444 | +60.0% |
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 20 October 2026 via checked.be.