NODERMA: 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.
NODERMA
Largest movements
- Cash +€55,760
new in 2025: €55,760
mainly Net result for the year (+€92,606) and Other debts (+€8,040)
- Deferred charges and accrued income +€46,836
up €46,836 (+2,452%), from €1,910 to €48,746
- Receivables within one year -€3,427
down €3,427 (-97.9%), from €3,500 to €73
- Tangible fixed assets -€1,785
down €1,785 (-21.3%), from €8,384 to €6,599
- Profit (loss) carried forward +€92,606
up €92,606, from -€3,471 to €89,135
- Other debts +€8,040
up €8,040 (+79.1%), from €10,164 to €18,203
- Trade debts -€3,272
down €3,272 (-91.0%), from €3,597 to €325
- Gross operating margin +€121,841
up €121,841, from -€263 to €121,577
- Taxes +€24,921
up €24,921 (+474,693%), from €5 to €24,927
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 | €13,794 | €111,179 | +€97,384 | +706% |
| Fixed assets | 21/28 | €8,384 | €6,599 | -€1,785 | -21.3% |
| Tangible fixed assets | 22/27 | €8,384 | €6,599 | -€1,785 | -21.3% |
| Furniture and vehicles | 24 | €8,384 | €6,599 | -€1,785 | -21.3% |
| Current assets | 29/58 | €5,410 | €104,580 | +€99,170 | +1,833% |
| Amounts receivable within one year | 40/41 | €3,500 | €73 | -€3,427 | -97.9% |
| Other amounts receivable | 41 | €3,500 | €73 | -€3,427 | -97.9% |
| Cash at bank and in hand | 54/58 | - | €55,760 | +€55,760 | |
| Deferred charges and accrued income | 490/1 | €1,910 | €48,746 | +€46,836 | +2,452% |
| Total equity and liabilities | 10/49 | €13,794 | €111,179 | +€97,384 | +706% |
| Equity | 10/15 | €29 | €92,635 | +€92,606 | +324,478% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,471 | €89,135 | +€92,606 | |
| Amounts payable | 17/49 | €13,766 | €18,544 | +€4,778 | +34.7% |
| Amounts payable within one year | 42/48 | €13,766 | €18,533 | +€4,768 | +34.6% |
| Trade debts | 44 | €3,597 | €325 | -€3,272 | -91.0% |
| Suppliers | 440/4 | €3,597 | €325 | -€3,272 | -91.0% |
| Taxes, remuneration and social security | 45 | €5 | €5 | = | 0.0% |
| Taxes | 450/3 | €5 | €5 | = | 0.0% |
| Other amounts payable | 47/48 | €10,164 | €18,203 | +€8,040 | +79.1% |
| Accrued charges and deferred income | 492/3 | - | €11 | +€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,163 | €3,089 | -€74 | -2.3% |
| Other operating charges | 640/8 | €40 | €740 | +€700 | +1,756% |
| Gross operating margin | 9900 | -€263 | €121,577 | +€121,841 | |
| Operating profit (loss) | 9901 | -€3,466 | €117,748 | +€121,214 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | - | €222 | +€222 | |
| Recurring financial charges | 65 | - | €222 | +€222 | |
| Profit (loss) for the period before taxes | 9903 | -€3,466 | €117,533 | +€120,999 | |
| Income taxes | 67/77 | €5 | €24,927 | +€24,921 | +474,693% |
| Profit (loss) for the period | 9904 | -€3,471 | €92,606 | +€96,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,471 | €92,606 | +€96,078 |
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.