n² notaires: what changed
What changed
n² notaires
NACE 69.102, Activities of notaries
filed annual accounts (NBB)
Net result for the year
€521,850
2024 · -€258,319+€780,169
Equity
€8,556
2024 · -€250,794+€259,350
Cash
€669,177
2024 · €681,592-€12,415
Balance sheet total
€5.4m
2024 · €5.5m-€85,445
Largest movements
Assets
- Intangible fixed assets -€339,607
down €339,607 (-8.3%), from €4.1m to €3.7m
- Receivables within one year +€155,755
up €155,755 (+22.4%), from €693,975 to €849,731
of which Trade receivables: +€152,839
- Formation expenses +€83,333
new in 2025: €83,333
Equity and liabilities
- Other debts -€390,426
down €390,426 (-40.9%), from €954,790 to €564,364
- Trade debts +€282,507
up €282,507 (+63.7%), from €443,453 to €725,959
- Profit (loss) carried forward +€259,350
up €259,350, from -€258,319 to €1,031
- Debts after one year -€128,799
down €128,799 (-3.5%), from €3.7m to €3.5m
- Current portion of long-term debt -€127,473
down €127,473 (-29.9%), from €426,732 to €299,259
Income statement
- Gross operating margin +€1.8m
up €1.8m (+193%), from €949,865 to €2.8m
- Staff costs +€760,789
up €760,789 (+79.2%), from €961,172 to €1.7m
- Depreciation +€177,246
up €177,246 (+99.4%), from €178,317 to €355,563
- Financial charges +€82,247
up €82,247 (+132%), from €62,171 to €144,418
- Other operating charges +€33,106
up €33,106 (+109%), from €30,497 to €63,602
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
-€258,319
Gross operating margin
+€1.8m
Staff costs
-€760,789
Depreciation
-€177,246
Other operating charges
-€33,106
Financial income
+€10,969
Financial charges
-€82,247
Taxes
-€7,660
Result 2025
€521,850
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
+€621,260
Investment
-€114,904
Financing
-€518,772
Cash 2024
€681,592
From operations (derived)
+€621,260
Net result for the year
+€521,850
Depreciation
+€355,563
Receivables within one year
-€155,755
Deferred charges and accrued income
-€11,874
Trade debts
+€282,507
Tax, wage and social debts
+€19,678
Other debts
-€390,426
Accrued charges and deferred income
-€283
Investment (derived)
-€114,904
Investment in fixed assets (net)
-€114,904
Financing
-€518,772
Debts after one year
-€128,799
Current portion of long-term debt
-€127,473
Contributions, distributions and other
-€262,500
Cash 2025
€669,177
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,483,444 | €5,397,999 | -€85,445 | -1.6% |
| Formation expenses | 20 | - | €83,333 | +€83,333 | |
| Fixed assets | 21/28 | €4,096,304 | €3,772,312 | -€323,992 | -7.9% |
| Intangible fixed assets | 21 | €4,089,473 | €3,749,866 | -€339,607 | -8.3% |
| Tangible fixed assets | 22/27 | €6,831 | €22,446 | +€15,615 | +229% |
| Furniture and vehicles | 24 | €6,831 | €22,446 | +€15,615 | +229% |
| Current assets | 29/58 | €1,387,140 | €1,542,354 | +€155,214 | +11.2% |
| Amounts receivable within one year | 40/41 | €693,975 | €849,731 | +€155,755 | +22.4% |
| Trade receivables | 40 | €687,052 | €839,890 | +€152,839 | +22.2% |
| Other amounts receivable | 41 | €6,924 | €9,841 | +€2,917 | +42.1% |
| Cash at bank and in hand | 54/58 | €681,592 | €669,177 | -€12,415 | -1.8% |
| Deferred charges and accrued income | 490/1 | €11,573 | €23,446 | +€11,874 | +103% |
| Total equity and liabilities | 10/49 | €5,483,444 | €5,397,999 | -€85,445 | -1.6% |
| Equity | 10/15 | -€250,794 | €8,556 | +€259,350 | |
| Contributions | 10/11 | €7,525 | €7,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,319 | €1,031 | +€259,350 | |
| Amounts payable | 17/49 | €5,734,238 | €5,389,442 | -€344,796 | -6.0% |
| Amounts payable after more than one year | 17 | €3,662,739 | €3,533,940 | -€128,799 | -3.5% |
| Financial debts | 170/4 | €3,662,739 | €3,533,940 | -€128,799 | -3.5% |
| Amounts payable within one year | 42/48 | €2,071,216 | €1,855,502 | -€215,713 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €426,732 | €299,259 | -€127,473 | -29.9% |
| Trade debts | 44 | €443,453 | €725,959 | +€282,507 | +63.7% |
| Suppliers | 440/4 | €443,453 | €725,959 | +€282,507 | +63.7% |
| Taxes, remuneration and social security | 45 | €246,241 | €265,920 | +€19,678 | +8.0% |
| Taxes | 450/3 | €48,964 | €68,460 | +€19,496 | +39.8% |
| Remuneration and social security | 454/9 | €197,278 | €197,460 | +€183 | +0.1% |
| Other amounts payable | 47/48 | €954,790 | €564,364 | -€390,426 | -40.9% |
| Accrued charges and deferred income | 492/3 | €283 | - | -€283 | |
| Remuneration, social security and pensions | 62 | €961,172 | €1,721,961 | +€760,789 | +79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,317 | €355,563 | +€177,246 | +99.4% |
| Other operating charges | 640/8 | €30,497 | €63,602 | +€33,106 | +109% |
| Gross operating margin | 9900 | €949,865 | €2,780,113 | +€1.8m | +193% |
| Operating profit (loss) | 9901 | -€220,121 | €638,986 | +€859,107 | |
| Financial income | 75/76B | €23,974 | €34,942 | +€10,969 | +45.8% |
| Recurring financial income | 75 | €23,974 | €34,942 | +€10,969 | +45.8% |
| Financial charges | 65/66B | €62,171 | €144,418 | +€82,247 | +132% |
| Recurring financial charges | 65 | €62,171 | €144,418 | +€82,247 | +132% |
| Profit (loss) for the period before taxes | 9903 | -€258,319 | €529,510 | +€787,829 | |
| Income taxes | 67/77 | - | €7,660 | +€7,660 | |
| Profit (loss) for the period | 9904 | -€258,319 | €521,850 | +€780,169 | |
| Profit (loss) for the period to be appropriated | 9905 | -€258,319 | €521,850 | +€780,169 |
Next steps
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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 2 November 2026 via checked.be.