NOORDEIND: what changed
Two fiscal 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.
NOORDEIND
Largest movements
- Tangible fixed assets -€79,650
down €79,650 (-11.0%), from €723,726 to €644,075
- Trade debts -€67,904
down €67,904 (-95.5%), from €71,084 to €3,180
- Debts after one year -€40,970
down €40,970 (-13.7%), from €299,116 to €258,145
- Reserves +€20,697
up €20,697 (+4.6%), from €453,033 to €473,729
of which Distributable reserves: +€40,770
- Tax, wage and social debts +€12,825
up €12,825 (+80.1%), from €16,006 to €28,830
- Accrued charges and deferred income +€10,300
new in 2024: €10,300
- Other operating charges -€10,382
down €10,382 (-82.5%), from €12,586 to €2,205
- Taxes +€8,765
up €8,765 (+87.1%), from €10,065 to €18,830
- Gross operating margin +€3,550
up €3,550 (+4.6%), from €77,085 to €80,635
- Depreciation -€2,926
down €2,926 (-5.1%), from €57,577 to €54,650
- Financial income +€2,466
up €2,466 (+22.0%), from €11,223 to €13,689
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,014,331 | €940,324 | -€74,007 | -7.3% |
| Fixed assets | 21/28 | €723,726 | €644,075 | -€79,650 | -11.0% |
| Tangible fixed assets | 22/27 | €723,726 | €644,075 | -€79,650 | -11.0% |
| Land and buildings | 22 | €723,726 | €644,075 | -€79,650 | -11.0% |
| Current assets | 29/58 | €290,606 | €296,249 | +€5,643 | +1.9% |
| Amounts receivable within one year | 40/41 | €287,039 | €292,560 | +€5,522 | +1.9% |
| Trade receivables | 40 | €36,961 | €26,543 | -€10,417 | -28.2% |
| Other amounts receivable | 41 | €250,078 | €266,017 | +€15,939 | +6.4% |
| Cash at bank and in hand | 54/58 | €1,171 | €1,245 | +€74 | +6.4% |
| Deferred charges and accrued income | 490/1 | €2,396 | €2,443 | +€47 | +2.0% |
| Total equity and liabilities | 10/49 | €1,014,331 | €940,324 | -€74,007 | -7.3% |
| Equity | 10/15 | €515,006 | €535,703 | +€20,697 | +4.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €453,033 | €473,729 | +€20,697 | +4.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €159,285 | €139,211 | -€20,073 | -12.6% |
| Distributable reserves | 133 | €287,550 | €328,321 | +€40,770 | +14.2% |
| Provisions and deferred taxes | 16 | €67,319 | €59,922 | -€7,396 | -11.0% |
| Deferred taxes | 168 | €67,319 | €59,922 | -€7,396 | -11.0% |
| Amounts payable | 17/49 | €432,007 | €344,699 | -€87,308 | -20.2% |
| Amounts payable after more than one year | 17 | €299,116 | €258,145 | -€40,970 | -13.7% |
| Financial debts | 170/4 | €299,116 | €258,145 | -€40,970 | -13.7% |
| Amounts payable within one year | 42/48 | €132,891 | €76,254 | -€56,637 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €45,802 | €44,244 | -€1,558 | -3.4% |
| Trade debts | 44 | €71,084 | €3,180 | -€67,904 | -95.5% |
| Suppliers | 440/4 | €71,084 | €3,180 | -€67,904 | -95.5% |
| Taxes, remuneration and social security | 45 | €16,006 | €28,830 | +€12,825 | +80.1% |
| Taxes | 450/3 | €16,006 | €28,830 | +€12,825 | +80.1% |
| Accrued charges and deferred income | 492/3 | - | €10,300 | +€10,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,577 | €54,650 | -€2,926 | -5.1% |
| Other operating charges | 640/8 | €12,586 | €2,205 | -€10,382 | -82.5% |
| Gross operating margin | 9900 | €77,085 | €80,635 | +€3,550 | +4.6% |
| Operating profit (loss) | 9901 | €6,922 | €23,781 | +€16,858 | +243.5% |
| Financial income | 75/76B | €11,223 | €13,689 | +€2,466 | +22.0% |
| Recurring financial income | 75 | €11,223 | €13,689 | +€2,466 | +22.0% |
| Financial charges | 65/66B | €6,781 | €5,339 | -€1,442 | -21.3% |
| Recurring financial charges | 65 | €6,781 | €5,339 | -€1,442 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €11,364 | €32,131 | +€20,766 | +182.7% |
| Transfer from deferred taxes | 780 | €7,396 | €7,396 | = | 0.0% |
| Income taxes | 67/77 | €10,065 | €18,830 | +€8,765 | +87.1% |
| Profit (loss) for the period | 9904 | €8,695 | €20,697 | +€12,001 | +138.0% |
| Transfer from tax-exempt reserves | 789 | €20,073 | €20,073 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,769 | €40,770 | +€12,001 | +41.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.