Advocaat Frederic Noseda: what changed
What changed
Advocaat Frederic Noseda
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€8,859
2025 · €13,868-€5,008
Equity
€10,931
2025 · €2,072+€8,859
Cash
€5,420
2025 · €3,164+€2,255
Balance sheet total
€451,752
2025 · €473,641-€21,889
Largest movements
Assets
- Tangible fixed assets -€26,141
down €26,141 (-5.6%), from €464,881 to €438,740
of which Land and buildings: -€25,900
Equity and liabilities
- Debts after one year -€23,581
down €23,581 (-7.0%), from €334,568 to €310,988
- Profit (loss) carried forward +€8,859
up €8,859 (+85.8%), from -€10,328 to -€1,469
- Other debts +€7,735
up €7,735 (+9.9%), from €78,031 to €85,766
- Trade debts -€7,004
down €7,004 (-81.7%), from €8,570 to €1,566
- Tax, wage and social debts -€4,889
down €4,889 (-20.5%), from €23,810 to €18,921
of which Remuneration and social security: -€2,461
Income statement
- Gross operating margin -€10,854
down €10,854 (-16.5%), from €65,608 to €54,754
- Depreciation -€5,934
down €5,934 (-17.3%), from €34,326 to €28,391
- Taxes -€1,867
down €1,867 (-22.3%), from €8,380 to €6,513
- Other operating charges +€1,206
up €1,206 (+39.3%), from €3,067 to €4,272
- Financial charges +€746
up €746 (+12.5%), from €5,972 to €6,718
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€13,868
Gross operating margin
-€10,854
Depreciation
+€5,934
Other operating charges
-€1,206
Financial income
-€4
Financial charges
-€746
Taxes
+€1,867
Result 2026
€8,859
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,475
Investment
€0
Financing
-€23,220
Cash 2025
€3,164
From operations (derived)
+€25,475
Net result for the year
+€8,859
Depreciation
+€28,391
Receivables within one year
-€3,157
Deferred charges and accrued income
-€1,090
Trade debts
-€7,004
Tax, wage and social debts
-€4,889
Advances received
-€3,220
Other debts
+€7,735
Accrued charges and deferred income
-€150
Financing
-€23,220
Debts after one year
-€23,581
Current portion of long-term debt
+€361
Cash 2026
€5,420
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €473,641 | €451,752 | -€21,889 | -4.6% |
| Fixed assets | 21/28 | €467,631 | €439,240 | -€28,391 | -6.1% |
| Intangible fixed assets | 21 | €2,250 | €0 | -€2,250 | -100% |
| Tangible fixed assets | 22/27 | €464,881 | €438,740 | -€26,141 | -5.6% |
| Land and buildings | 22 | €464,640 | €438,740 | -€25,900 | -5.6% |
| Furniture and vehicles | 24 | €241 | €0 | -€241 | -100% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €6,010 | €12,512 | +€6,502 | +108% |
| Amounts receivable within one year | 40/41 | €400 | €3,557 | +€3,157 | +790% |
| Trade receivables | 40 | €395 | €3,557 | +€3,162 | +800% |
| Other amounts receivable | 41 | €5 | €0 | -€5 | -100% |
| Cash at bank and in hand | 54/58 | €3,164 | €5,420 | +€2,255 | +71.3% |
| Deferred charges and accrued income | 490/1 | €2,446 | €3,536 | +€1,090 | +44.6% |
| Total equity and liabilities | 10/49 | €473,641 | €451,752 | -€21,889 | -4.6% |
| Equity | 10/15 | €2,072 | €10,931 | +€8,859 | +428% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,328 | -€1,469 | +€8,859 | +85.8% |
| Amounts payable | 17/49 | €471,570 | €440,822 | -€30,748 | -6.5% |
| Amounts payable after more than one year | 17 | €334,568 | €310,988 | -€23,581 | -7.0% |
| Financial debts | 170/4 | €334,568 | €310,988 | -€23,581 | -7.0% |
| Amounts payable within one year | 42/48 | €136,851 | €129,834 | -€7,017 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €23,220 | €23,581 | +€361 | +1.6% |
| Trade debts | 44 | €8,570 | €1,566 | -€7,004 | -81.7% |
| Suppliers | 440/4 | €8,570 | €1,566 | -€7,004 | -81.7% |
| Advances received on contracts in progress | 46 | €3,220 | €0 | -€3,220 | -100% |
| Taxes, remuneration and social security | 45 | €23,810 | €18,921 | -€4,889 | -20.5% |
| Taxes | 450/3 | €12,281 | €9,853 | -€2,428 | -19.8% |
| Remuneration and social security | 454/9 | €11,529 | €9,068 | -€2,461 | -21.3% |
| Other amounts payable | 47/48 | €78,031 | €85,766 | +€7,735 | +9.9% |
| Accrued charges and deferred income | 492/3 | €150 | €0 | -€150 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,326 | €28,391 | -€5,934 | -17.3% |
| Other operating charges | 640/8 | €3,067 | €4,272 | +€1,206 | +39.3% |
| Gross operating margin | 9900 | €65,608 | €54,754 | -€10,854 | -16.5% |
| Operating profit (loss) | 9901 | €28,216 | €22,090 | -€6,126 | -21.7% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €5,972 | €6,718 | +€746 | +12.5% |
| Recurring financial charges | 65 | €5,972 | €6,718 | +€746 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €22,248 | €15,372 | -€6,875 | -30.9% |
| Income taxes | 67/77 | €8,380 | €6,513 | -€1,867 | -22.3% |
| Profit (loss) for the period | 9904 | €13,868 | €8,859 | -€5,008 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,868 | €8,859 | -€5,008 | -36.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.