DE NOTERIJ: 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.
DE NOTERIJ
Largest movements
- Cash -€6,173
down €6,173 (-13.1%), from €47,116 to €40,943
mainly Tax, wage and social debts (-€34,484) and Current portion of long-term debt (-€2,232)
- Tangible fixed assets -€4,296
down €4,296 (-39.7%), from €10,826 to €6,530
of which Furniture and vehicles: -€3,760
- Tax, wage and social debts -€34,484
down €34,484 (-65.3%), from €52,837 to €18,353
of which Remuneration and social security: -€39,101
- Profit (loss) carried forward +€24,998
up €24,998 (+91.9%), from -€27,189 to -€2,191
- Trade debts +€5,082
up €5,082 (+14.7%), from €34,568 to €39,649
- Current portion of long-term debt -€2,232
no longer reported in 2025 (was €2,232)
- Other debts -€1,613
down €1,613 (-21.8%), from €7,407 to €5,794
- Gross operating margin +€21,152
up €21,152 (+37.4%), from €56,560 to €77,712
- Taxes +€6,249
new in 2025: €6,249
- Staff costs -€5,831
down €5,831 (-13.1%), from €44,582 to €38,751
- Depreciation -€2,405
down €2,405 (-35.9%), from €6,701 to €4,296
- Other operating charges -€1,524
down €1,524 (-100%), from €1,524 to €0
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 | €80,067 | €69,605 | -€10,462 | -13.1% |
| Fixed assets | 21/28 | €13,326 | €9,037 | -€4,289 | -32.2% |
| Tangible fixed assets | 22/27 | €10,826 | €6,530 | -€4,296 | -39.7% |
| Land and buildings | 22 | €321 | €0 | -€321 | -100% |
| Plant, machinery and equipment | 23 | €630 | €415 | -€215 | -34.1% |
| Furniture and vehicles | 24 | €9,875 | €6,115 | -€3,760 | -38.1% |
| Financial fixed assets | 28 | €2,500 | €2,507 | +€7 | +0.3% |
| Current assets | 29/58 | €66,741 | €60,568 | -€6,173 | -9.2% |
| Stocks and contracts in progress | 3 | €19,625 | €19,625 | = | 0.0% |
| Stocks | 30/36 | €19,625 | €19,625 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €47,116 | €40,943 | -€6,173 | -13.1% |
| Total equity and liabilities | 10/49 | €80,067 | €69,605 | -€10,462 | -13.1% |
| Equity | 10/15 | -€19,189 | €5,809 | +€24,998 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,189 | -€2,191 | +€24,998 | +91.9% |
| Amounts payable | 17/49 | €99,256 | €63,796 | -€35,460 | -35.7% |
| Amounts payable after more than one year | 17 | €687 | - | -€687 | |
| Financial debts | 170/4 | €687 | - | -€687 | |
| Amounts payable within one year | 42/48 | €97,044 | €63,796 | -€33,248 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €2,232 | - | -€2,232 | |
| Trade debts | 44 | €34,568 | €39,649 | +€5,082 | +14.7% |
| Suppliers | 440/4 | €34,568 | €39,649 | +€5,082 | +14.7% |
| Taxes, remuneration and social security | 45 | €52,837 | €18,353 | -€34,484 | -65.3% |
| Taxes | 450/3 | €8,700 | €13,318 | +€4,618 | +53.1% |
| Remuneration and social security | 454/9 | €44,137 | €5,035 | -€39,101 | -88.6% |
| Other amounts payable | 47/48 | €7,407 | €5,794 | -€1,613 | -21.8% |
| Accrued charges and deferred income | 492/3 | €1,525 | - | -€1,525 | |
| Non-recurring operating income | 76A | - | €39 | +€39 | |
| Remuneration, social security and pensions | 62 | €44,582 | €38,751 | -€5,831 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,701 | €4,296 | -€2,405 | -35.9% |
| Other operating charges | 640/8 | €1,524 | €0 | -€1,524 | -100% |
| Gross operating margin | 9900 | €56,560 | €77,712 | +€21,152 | +37.4% |
| Operating profit (loss) | 9901 | €3,754 | €34,665 | +€30,911 | +823% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €2,651 | €3,418 | +€767 | +28.9% |
| Recurring financial charges | 65 | €2,651 | €3,418 | +€767 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €1,108 | €31,247 | +€30,139 | +2,721% |
| Income taxes | 67/77 | - | €6,249 | +€6,249 | |
| Profit (loss) for the period | 9904 | €1,108 | €24,998 | +€23,890 | +2,156% |
| Profit (loss) for the period to be appropriated | 9905 | €1,108 | €24,998 | +€23,890 | +2,156% |
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 17 October 2026 via checked.be.