LES AMIS DE NORBERT: what changed
LES AMIS DE NORBERT
Largest movements
- Financial fixed assets -€151,796
down €151,796 (-5.4%), from €2.8m to €2.6m
- Deferred charges and accrued income +€78,946
up €78,946 (+115%), from €68,483 to €147,429
- Receivables within one year +€54,787
up €54,787 (+275%), from €19,894 to €74,682
of which Trade receivables: +€36,300
- Other debts +€120,550
up €120,550 (+15.0%), from €805,095 to €925,645
- Profit (loss) carried forward -€97,539
down €97,539 (-0.7%), from -€14.0m to -€14.1m
- Accrued charges and deferred income -€50,502
no longer reported in 2025 (was €50,502)
- Financial charges -€4.6m
down €4.6m (-96.0%), from €4.7m to €188,273
of which Non-recurring financial charges: -€4.5m
- Financial income -€3.1m
down €3.1m (-96.0%), from €3.2m to €128,158
of which Non-recurring financial income: -€3.0m
- Gross operating margin +€30,741
up €30,741 (+77.1%), from -€39,882 to -€9,140
- Taxes +€13,925
up €13,925 (+106%), from €13,106 to €27,031
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,891,319 | €2,892,524 | +€1,205 | 0.0% |
| Fixed assets | 21/28 | €2,797,669 | €2,645,873 | -€151,796 | -5.4% |
| Financial fixed assets | 28 | €2,797,669 | €2,645,873 | -€151,796 | -5.4% |
| Current assets | 29/58 | €93,650 | €246,651 | +€153,001 | +163% |
| Amounts receivable within one year | 40/41 | €19,894 | €74,682 | +€54,787 | +275% |
| Trade receivables | 40 | €18,150 | €54,450 | +€36,300 | +200% |
| Other amounts receivable | 41 | €1,744 | €20,232 | +€18,487 | +1,060% |
| Cash at bank and in hand | 54/58 | €5,273 | €24,541 | +€19,268 | +365% |
| Deferred charges and accrued income | 490/1 | €68,483 | €147,429 | +€78,946 | +115% |
| Total equity and liabilities | 10/49 | €2,891,319 | €2,892,524 | +€1,205 | 0.0% |
| Equity | 10/15 | €1,511,508 | €1,413,969 | -€97,539 | -6.5% |
| Contributions | 10/11 | €15,468,077 | €15,468,077 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,956,969 | -€14,054,508 | -€97,539 | -0.7% |
| Amounts payable | 17/49 | €1,379,810 | €1,478,555 | +€98,745 | +7.2% |
| Amounts payable within one year | 42/48 | €1,329,308 | €1,478,555 | +€149,247 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €475,000 | €475,000 | = | 0.0% |
| Trade debts | 44 | €24,106 | €24,389 | +€283 | +1.2% |
| Suppliers | 440/4 | €24,106 | €24,389 | +€283 | +1.2% |
| Taxes, remuneration and social security | 45 | €25,106 | €53,521 | +€28,414 | +113% |
| Taxes | 450/3 | €13,106 | €41,521 | +€28,414 | +217% |
| Remuneration and social security | 454/9 | €12,000 | €12,000 | = | 0.0% |
| Other amounts payable | 47/48 | €805,095 | €925,645 | +€120,550 | +15.0% |
| Accrued charges and deferred income | 492/3 | €50,502 | - | -€50,502 | |
| Other operating charges | 640/8 | €1,282 | €1,253 | -€29 | -2.3% |
| Gross operating margin | 9900 | -€39,882 | -€9,140 | +€30,741 | +77.1% |
| Operating profit (loss) | 9901 | -€41,163 | -€10,393 | +€30,770 | +74.8% |
| Financial income | 75/76B | €3,200,062 | €128,158 | -€3.1m | -96.0% |
| Recurring financial income | 75 | €138,503 | €78,946 | -€59,558 | -43.0% |
| Non-recurring financial income | 76B | €3,061,558 | €49,212 | -€3.0m | -98.4% |
| Financial charges | 65/66B | €4,738,568 | €188,273 | -€4.6m | -96.0% |
| Recurring financial charges | 65 | €79,256 | €38,216 | -€41,040 | -51.8% |
| Non-recurring financial charges | 66B | €4,659,312 | €150,058 | -€4.5m | -96.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,579,669 | -€70,508 | +€1.5m | +95.5% |
| Income taxes | 67/77 | €13,106 | €27,031 | +€13,925 | +106% |
| Profit (loss) for the period | 9904 | -€1,592,776 | -€97,539 | +€1.5m | +93.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,592,776 | -€97,539 | +€1.5m | +93.9% |
Next steps
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 7 November 2026 via checked.be.