LA NOTE VERTE: 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.
LA NOTE VERTE
Largest movements
- Cash +€4,188
up €4,188 (+15.5%), from €26,943 to €31,131
mainly Net result for the year (+€2,489) and Trade debts (+€1,102)
- Receivables within one year -€663
down €663 (-46.3%), from €1,433 to €770
of which Trade receivables: -€663
- Profit (loss) carried forward +€2,489
up €2,489 (+526%), from €474 to €2,963
- Trade debts +€1,102
up €1,102 (+714%), from €154 to €1,256
- Gross operating margin -€3,196
down €3,196 (-36.6%), from €8,723 to €5,528
- Taxes -€109
down €109 (-4.1%), from €2,653 to €2,544
- Other operating charges +€100
up €100 (+25.9%), from €387 to €488
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 | €28,377 | €31,902 | +€3,525 | +12.4% |
| Current assets | 29/58 | €28,377 | €31,902 | +€3,525 | +12.4% |
| Amounts receivable within one year | 40/41 | €1,433 | €770 | -€663 | -46.3% |
| Trade receivables | 40 | €663 | - | -€663 | |
| Other amounts receivable | 41 | €770 | €770 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,943 | €31,131 | +€4,188 | +15.5% |
| Total equity and liabilities | 10/49 | €28,377 | €31,902 | +€3,525 | +12.4% |
| Equity | 10/15 | €28,157 | €30,646 | +€2,489 | +8.8% |
| Contributions | 10/11 | €18,865 | €18,865 | = | 0.0% |
| Reserves | 13 | €8,818 | €8,818 | = | 0.0% |
| Distributable reserves | 133 | €8,818 | €8,818 | = | 0.0% |
| Profit (loss) carried forward | 14 | €474 | €2,963 | +€2,489 | +526% |
| Amounts payable | 17/49 | €220 | €1,256 | +€1,036 | +471% |
| Amounts payable within one year | 42/48 | €154 | €1,256 | +€1,102 | +714% |
| Trade debts | 44 | €154 | €1,256 | +€1,102 | +714% |
| Suppliers | 440/4 | €154 | €1,256 | +€1,102 | +714% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Other operating charges | 640/8 | €387 | €488 | +€100 | +25.9% |
| Gross operating margin | 9900 | €8,723 | €5,528 | -€3,196 | -36.6% |
| Operating profit (loss) | 9901 | €8,336 | €5,040 | -€3,296 | -39.5% |
| Financial income | 75/76B | €94 | €148 | +€54 | +56.9% |
| Recurring financial income | 75 | €94 | €148 | +€54 | +56.9% |
| Financial charges | 65/66B | €78 | €154 | +€76 | +97.4% |
| Recurring financial charges | 65 | €78 | €154 | +€76 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €8,352 | €5,034 | -€3,319 | -39.7% |
| Income taxes | 67/77 | €2,653 | €2,544 | -€109 | -4.1% |
| Profit (loss) for the period | 9904 | €5,699 | €2,489 | -€3,210 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,699 | €2,489 | -€3,210 | -56.3% |
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 28 October 2026 via checked.be.