Lederwarenhuis Noteboom: 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.
Lederwarenhuis Noteboom
Largest movements
- Cash +€73,748
up €73,748 (+1,286%), from €5,737 to €79,485
mainly Net result for the year (+€65,933) and Depreciation (+€8,506)
- Tangible fixed assets -€8,506
down €8,506 (-26.9%), from €31,574 to €23,068
of which Furniture and vehicles: -€8,506
- Profit (loss) carried forward +€65,933
up €65,933 (+9.1%), from -€728,535 to -€662,602
- Accrued charges and deferred income -€3,951
down €3,951 (-23.4%), from €16,909 to €12,958
- Other debts +€2,736
up €2,736 (+1.5%), from €186,617 to €189,354
- Gross operating margin +€9,575
up €9,575 (+12.1%), from €79,314 to €88,889
- Financial charges -€4,356
down €4,356 (-25.1%), from €17,389 to €13,033
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 | €39,878 | €105,342 | +€65,464 | +164% |
| Fixed assets | 21/28 | €31,574 | €23,068 | -€8,506 | -26.9% |
| Tangible fixed assets | 22/27 | €31,574 | €23,068 | -€8,506 | -26.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €31,574 | €23,068 | -€8,506 | -26.9% |
| Current assets | 29/58 | €8,304 | €82,274 | +€73,970 | +891% |
| Amounts receivable within one year | 40/41 | - | €283 | +€283 | |
| Trade receivables | 40 | - | €283 | +€283 | |
| Cash at bank and in hand | 54/58 | €5,737 | €79,485 | +€73,748 | +1,286% |
| Deferred charges and accrued income | 490/1 | €2,567 | €2,506 | -€61 | -2.4% |
| Total equity and liabilities | 10/49 | €39,878 | €105,342 | +€65,464 | +164% |
| Equity | 10/15 | -€165,386 | -€99,453 | +€65,933 | +39.9% |
| Contributions | 10/11 | €510,000 | €510,000 | = | 0.0% |
| Capital | 10 | €510,000 | €510,000 | = | 0.0% |
| Issued capital | 100 | €510,000 | €510,000 | = | 0.0% |
| Reserves | 13 | €53,149 | €53,149 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,149 | €38,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€728,535 | -€662,602 | +€65,933 | +9.1% |
| Amounts payable | 17/49 | €205,265 | €204,796 | -€469 | -0.2% |
| Amounts payable within one year | 42/48 | €188,356 | €191,838 | +€3,482 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,564 | €2,308 | +€744 | +47.6% |
| Suppliers | 440/4 | €1,564 | €2,308 | +€744 | +47.6% |
| Taxes, remuneration and social security | 45 | €174 | €176 | +€2 | +1.0% |
| Taxes | 450/3 | €174 | €176 | +€2 | +1.0% |
| Other amounts payable | 47/48 | €186,617 | €189,354 | +€2,736 | +1.5% |
| Accrued charges and deferred income | 492/3 | €16,909 | €12,958 | -€3,951 | -23.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,512 | €8,506 | -€6 | -0.1% |
| Other operating charges | 640/8 | €1,208 | €1,241 | +€33 | +2.7% |
| Gross operating margin | 9900 | €79,314 | €88,889 | +€9,575 | +12.1% |
| Operating profit (loss) | 9901 | €69,594 | €79,142 | +€9,548 | +13.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €17,389 | €13,033 | -€4,356 | -25.1% |
| Recurring financial charges | 65 | €17,389 | €13,033 | -€4,356 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €52,207 | €66,109 | +€13,902 | +26.6% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €52,033 | €65,933 | +€13,900 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,033 | €65,933 | +€13,900 | +26.7% |
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.