NOORDERLAAN: 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.
NOORDERLAAN
Largest movements
- Receivables within one year -€29,732
down €29,732 (-75.5%), from €39,387 to €9,655
of which Trade receivables: -€25,851
- Deferred charges and accrued income +€14,176
up €14,176 (+991%), from €1,430 to €15,607
- Cash -€13,736
down €13,736 (-20.3%), from €67,578 to €53,842
mainly Net result for the year (-€28,517) and Deferred charges and accrued income (-€14,176)
- Tangible fixed assets -€6,825
down €6,825 (-22.1%), from €30,896 to €24,072
of which Furniture and vehicles: -€7,053
- Profit (loss) carried forward -€28,517
down €28,517, from €0 to -€28,517
- Trade debts -€6,490
down €6,490 (-65.8%), from €9,858 to €3,369
- Other debts -€4,453
down €4,453 (-2.2%), from €201,242 to €196,789
- Gross operating margin -€82,739
down €82,739, from €62,293 to -€20,446
- Taxes -€18,273
down €18,273 (-98.6%), from €18,523 to €251
- Financial income +€1,824
up €1,824 (+140%), from €1,299 to €3,123
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 | €328,798 | €289,738 | -€39,060 | -11.9% |
| Fixed assets | 21/28 | €30,896 | €24,072 | -€6,825 | -22.1% |
| Tangible fixed assets | 22/27 | €30,896 | €24,072 | -€6,825 | -22.1% |
| Plant, machinery and equipment | 23 | €2,251 | €2,479 | +€228 | +10.1% |
| Furniture and vehicles | 24 | €24,279 | €17,226 | -€7,053 | -29.0% |
| Other tangible fixed assets | 26 | €4,366 | €4,366 | = | 0.0% |
| Current assets | 29/58 | €297,902 | €265,667 | -€32,235 | -10.8% |
| Stocks and contracts in progress | 3 | €12,507 | €9,563 | -€2,944 | -23.5% |
| Stocks | 30/36 | €12,507 | €9,563 | -€2,944 | -23.5% |
| Amounts receivable within one year | 40/41 | €39,387 | €9,655 | -€29,732 | -75.5% |
| Trade receivables | 40 | €28,213 | €2,361 | -€25,851 | -91.6% |
| Other amounts receivable | 41 | €11,174 | €7,294 | -€3,880 | -34.7% |
| Current investments | 50/53 | €177,000 | €177,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,578 | €53,842 | -€13,736 | -20.3% |
| Deferred charges and accrued income | 490/1 | €1,430 | €15,607 | +€14,176 | +991% |
| Total equity and liabilities | 10/49 | €328,798 | €289,738 | -€39,060 | -11.9% |
| Equity | 10/15 | €117,098 | €88,581 | -€28,517 | -24.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €107,098 | €107,098 | = | 0.0% |
| Distributable reserves | 133 | €107,098 | €107,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€28,517 | -€28,517 | |
| Amounts payable | 17/49 | €211,700 | €201,157 | -€10,543 | -5.0% |
| Amounts payable within one year | 42/48 | €211,700 | €200,757 | -€10,943 | -5.2% |
| Trade debts | 44 | €9,858 | €3,369 | -€6,490 | -65.8% |
| Suppliers | 440/4 | €9,858 | €3,369 | -€6,490 | -65.8% |
| Taxes, remuneration and social security | 45 | €600 | €600 | = | 0.0% |
| Taxes | 450/3 | €600 | €600 | = | 0.0% |
| Other amounts payable | 47/48 | €201,242 | €196,789 | -€4,453 | -2.2% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,812 | €7,894 | +€81 | +1.0% |
| Other operating charges | 640/8 | €2,485 | €2,355 | -€130 | -5.2% |
| Gross operating margin | 9900 | €62,293 | -€20,446 | -€82,739 | |
| Operating profit (loss) | 9901 | €51,996 | -€30,694 | -€82,690 | |
| Financial income | 75/76B | €1,299 | €3,123 | +€1,824 | +140% |
| Recurring financial income | 75 | €1,299 | €3,123 | +€1,824 | +140% |
| Financial charges | 65/66B | €755 | €696 | -€59 | -7.9% |
| Recurring financial charges | 65 | €755 | €696 | -€59 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €52,540 | -€28,266 | -€80,807 | |
| Income taxes | 67/77 | €18,523 | €251 | -€18,273 | -98.6% |
| Profit (loss) for the period | 9904 | €34,017 | -€28,517 | -€62,534 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,017 | -€28,517 | -€62,534 |
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 24 October 2026 via checked.be.