NODE-GP: 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.
NODE-GP
Largest movements
- Receivables within one year +€29,403
up €29,403 (+85.8%), from €34,256 to €63,659
of which Other amounts receivable: +€29,475
- Cash +€14,799
up €14,799 (+108%), from €13,651 to €28,450
mainly Net result for the year (+€59,860) and Current portion of long-term debt (+€27,995)
- Debts after one year -€31,358
down €31,358 (-19.2%), from €163,506 to €132,148
- Current portion of long-term debt +€27,995
up €27,995 (+711%), from €3,939 to €31,933
- Other debts +€23,266
up €23,266 (+87.0%), from €26,734 to €50,000
- Tax, wage and social debts +€19,025
up €19,025 (+116%), from €16,370 to €35,394
- Profit (loss) carried forward +€9,860
new in 2025: €9,860
- Financial income +€22,542
up €22,542 (+2,014%), from €1,119 to €23,661
- Gross operating margin +€13,902
up €13,902 (+27.4%), from €50,754 to €64,656
- Other operating charges -€5,410
down €5,410 (-93.3%), from €5,797 to €387
- Financial charges +€4,924
up €4,924 (+159%), from €3,096 to €8,020
- Taxes +€3,709
up €3,709 (+30.1%), from €12,330 to €16,039
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 | €248,608 | €291,190 | +€42,582 | +17.1% |
| Fixed assets | 21/28 | €200,194 | €198,598 | -€1,595 | -0.8% |
| Tangible fixed assets | 22/27 | €14,194 | €12,598 | -€1,595 | -11.2% |
| Furniture and vehicles | 24 | €4,307 | €4,489 | +€182 | +4.2% |
| Other tangible fixed assets | 26 | €9,887 | €8,109 | -€1,778 | -18.0% |
| Financial fixed assets | 28 | €186,000 | €186,000 | = | 0.0% |
| Current assets | 29/58 | €48,415 | €92,592 | +€44,177 | +91.2% |
| Amounts receivable within one year | 40/41 | €34,256 | €63,659 | +€29,403 | +85.8% |
| Trade receivables | 40 | €21,649 | €21,577 | -€72 | -0.3% |
| Other amounts receivable | 41 | €12,607 | €42,083 | +€29,475 | +234% |
| Cash at bank and in hand | 54/58 | €13,651 | €28,450 | +€14,799 | +108% |
| Deferred charges and accrued income | 490/1 | €507 | €482 | -€25 | -4.9% |
| Total equity and liabilities | 10/49 | €248,608 | €291,190 | +€42,582 | +17.1% |
| Equity | 10/15 | €20,284 | €30,144 | +€9,860 | +48.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €284 | €284 | = | 0.0% |
| Distributable reserves | 133 | €284 | €284 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €9,860 | +€9,860 | |
| Amounts payable | 17/49 | €228,324 | €261,046 | +€32,722 | +14.3% |
| Amounts payable after more than one year | 17 | €163,506 | €132,148 | -€31,358 | -19.2% |
| Financial debts | 170/4 | €163,506 | €132,148 | -€31,358 | -19.2% |
| Amounts payable within one year | 42/48 | €64,819 | €128,898 | +€64,079 | +98.9% |
| Current portion of amounts payable after more than one year | 42 | €3,939 | €31,933 | +€27,995 | +711% |
| Trade debts | 44 | €17,776 | €11,570 | -€6,206 | -34.9% |
| Suppliers | 440/4 | €17,776 | €11,570 | -€6,206 | -34.9% |
| Taxes, remuneration and social security | 45 | €16,370 | €35,394 | +€19,025 | +116% |
| Taxes | 450/3 | €16,370 | €35,394 | +€19,025 | +116% |
| Other amounts payable | 47/48 | €26,734 | €50,000 | +€23,266 | +87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,916 | €4,011 | +€95 | +2.4% |
| Other operating charges | 640/8 | €5,797 | €387 | -€5,410 | -93.3% |
| Gross operating margin | 9900 | €50,754 | €64,656 | +€13,902 | +27.4% |
| Operating profit (loss) | 9901 | €41,041 | €60,258 | +€19,217 | +46.8% |
| Financial income | 75/76B | €1,119 | €23,661 | +€22,542 | +2,014% |
| Recurring financial income | 75 | €1,119 | €23,661 | +€22,542 | +2,014% |
| Financial charges | 65/66B | €3,096 | €8,020 | +€4,924 | +159% |
| Recurring financial charges | 65 | €3,096 | €8,020 | +€4,924 | +159% |
| Profit (loss) for the period before taxes | 9903 | €39,064 | €75,899 | +€36,835 | +94.3% |
| Income taxes | 67/77 | €12,330 | €16,039 | +€3,709 | +30.1% |
| Profit (loss) for the period | 9904 | €26,734 | €59,860 | +€33,126 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €26,734 | €59,860 | +€33,126 | +124% |
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 14 October 2026 via checked.be.