Alexandre PICART - Notaire: what changed
What changed
Alexandre PICART - Notaire
NACE 69.102, Activities of notaries
filed annual accounts (NBB)
Net result for the year
€249,880
2024 · €211,284+€38,596
Equity
€488,505
2024 · €240,484+€248,021
Cash
€872,149
2024 · €531,140+€341,009
Balance sheet total
€2.2m
2024 · €2.0m+€155,084
Largest movements
Assets
- Cash +€341,009
up €341,009 (+64.2%), from €531,140 to €872,149
mainly Net result for the year (+€249,880) and Depreciation (+€170,953)
- Intangible fixed assets -€154,900
down €154,900 (-11.7%), from €1.3m to €1.2m
- Receivables within one year -€28,082
down €28,082 (-43.6%), from €64,429 to €36,347
Equity and liabilities
- Reserves +€248,000
up €248,000 (+118%), from €210,000 to €458,000
- Debts after one year -€168,988
down €168,988 (-13.1%), from €1.3m to €1.1m
- Tax, wage and social debts +€82,592
up €82,592 (+45.2%), from €182,602 to €265,194
of which Taxes: +€78,242
Income statement
- Gross operating margin -€207,686
down €207,686 (-16.8%), from €1.2m to €1.0m
- Staff costs -€170,947
down €170,947 (-25.8%), from €663,287 to €492,340
- Depreciation -€68,578
down €68,578 (-28.6%), from €239,531 to €170,953
- Taxes +€14,308
up €14,308 (+21.7%), from €66,081 to €80,389
Change in the result, 2024 to 2025
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 2024
€211,284
Gross operating margin
-€207,686
Staff costs
+€170,947
Depreciation
+€68,578
Other operating charges
+€3,245
Financial income
+€11,913
Financial charges
+€5,908
Taxes
-€14,308
Result 2025
€249,880
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€522,289
Investment
-€10,951
Financing
-€170,330
Cash 2024
€531,140
From operations (derived)
+€522,289
Net result for the year
+€249,880
Depreciation
+€170,953
Receivables within one year
+€28,082
Deferred charges and accrued income
-€2,159
Trade debts
-€6,156
Tax, wage and social debts
+€82,592
Other debts
-€1,240
Accrued charges and deferred income
+€338
Investment (derived)
-€10,951
Investment in fixed assets (net)
-€10,951
Financing
-€170,330
Debts after one year
-€168,988
Current portion of long-term debt
+€518
Contributions, distributions and other
-€1,859
Cash 2025
€872,149
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,997,835 | €2,152,919 | +€155,084 | +7.8% |
| Fixed assets | 21/28 | €1,381,119 | €1,221,117 | -€160,002 | -11.6% |
| Intangible fixed assets | 21 | €1,320,052 | €1,165,152 | -€154,900 | -11.7% |
| Tangible fixed assets | 22/27 | €61,067 | €55,964 | -€5,103 | -8.4% |
| Furniture and vehicles | 24 | €60,853 | €55,776 | -€5,077 | -8.3% |
| Other tangible fixed assets | 26 | €214 | €189 | -€25 | -11.7% |
| Current assets | 29/58 | €616,716 | €931,802 | +€315,086 | +51.1% |
| Amounts receivable within one year | 40/41 | €64,429 | €36,347 | -€28,082 | -43.6% |
| Trade receivables | 40 | €64,429 | €36,347 | -€28,082 | -43.6% |
| Cash at bank and in hand | 54/58 | €531,140 | €872,149 | +€341,009 | +64.2% |
| Deferred charges and accrued income | 490/1 | €21,147 | €23,306 | +€2,159 | +10.2% |
| Total equity and liabilities | 10/49 | €1,997,835 | €2,152,919 | +€155,084 | +7.8% |
| Equity | 10/15 | €240,484 | €488,505 | +€248,021 | +103% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €210,000 | €458,000 | +€248,000 | +118% |
| Distributable reserves | 133 | €210,000 | €458,000 | +€248,000 | +118% |
| Profit (loss) carried forward | 14 | €484 | €505 | +€21 | +4.3% |
| Amounts payable | 17/49 | €1,757,351 | €1,664,414 | -€92,937 | -5.3% |
| Amounts payable after more than one year | 17 | €1,287,816 | €1,118,828 | -€168,988 | -13.1% |
| Financial debts | 170/4 | €1,287,816 | €1,118,828 | -€168,988 | -13.1% |
| Amounts payable within one year | 42/48 | €456,048 | €531,761 | +€75,713 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €168,470 | €168,988 | +€518 | +0.3% |
| Trade debts | 44 | €30,169 | €24,013 | -€6,156 | -20.4% |
| Suppliers | 440/4 | €30,169 | €24,013 | -€6,156 | -20.4% |
| Taxes, remuneration and social security | 45 | €182,602 | €265,194 | +€82,592 | +45.2% |
| Taxes | 450/3 | €129,954 | €208,196 | +€78,242 | +60.2% |
| Remuneration and social security | 454/9 | €52,648 | €56,997 | +€4,349 | +8.3% |
| Other amounts payable | 47/48 | €74,807 | €73,567 | -€1,240 | -1.7% |
| Accrued charges and deferred income | 492/3 | €13,487 | €13,825 | +€338 | +2.5% |
| Remuneration, social security and pensions | 62 | €663,287 | €492,340 | -€170,947 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,531 | €170,953 | -€68,578 | -28.6% |
| Other operating charges | 640/8 | €10,036 | €6,791 | -€3,245 | -32.3% |
| Gross operating margin | 9900 | €1,234,919 | €1,027,233 | -€207,686 | -16.8% |
| Operating profit (loss) | 9901 | €322,065 | €357,149 | +€35,084 | +10.9% |
| Financial income | 75/76B | €10,771 | €22,684 | +€11,913 | +111% |
| Recurring financial income | 75 | €10,771 | €22,684 | +€11,913 | +111% |
| Financial charges | 65/66B | €55,471 | €49,563 | -€5,908 | -10.7% |
| Recurring financial charges | 65 | €55,471 | €49,563 | -€5,908 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €277,365 | €330,269 | +€52,904 | +19.1% |
| Income taxes | 67/77 | €66,081 | €80,389 | +€14,308 | +21.7% |
| Profit (loss) for the period | 9904 | €211,284 | €249,880 | +€38,596 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €211,284 | €249,880 | +€38,596 | +18.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.