Noordhof: 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.
Noordhof
Largest movements
- Receivables within one year +€7,785
up €7,785 (+19.2%), from €40,531 to €48,316
- Cash -€6,101
down €6,101 (-87.8%), from €6,952 to €851
mainly Receivables within one year (-€7,785) and Net result for the year (-€5,386)
- Tangible fixed assets -€4,136
down €4,136 (-1.2%), from €341,979 to €337,842
- Profit (loss) carried forward -€5,386
down €5,386 (-3.2%), from -€166,793 to -€172,179
- Gross operating margin -€5,392
down €5,392 (-98.7%), from €5,465 to €73
- Other operating charges +€798
up €798 (+30.3%), from €2,632 to €3,430
- Depreciation +€155
up €155 (+3.9%), from €3,981 to €4,136
- Financial income +€112
up €112 (+5.5%), from €2,052 to €2,164
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,029 | €387,581 | -€2,448 | -0.6% |
| Fixed assets | 21/28 | €341,979 | €337,842 | -€4,136 | -1.2% |
| Tangible fixed assets | 22/27 | €341,979 | €337,842 | -€4,136 | -1.2% |
| Land and buildings | 22 | €341,979 | €337,842 | -€4,136 | -1.2% |
| Current assets | 29/58 | €48,050 | €49,738 | +€1,688 | +3.5% |
| Amounts receivable within one year | 40/41 | €40,531 | €48,316 | +€7,785 | +19.2% |
| Other amounts receivable | 41 | €40,531 | €48,316 | +€7,785 | +19.2% |
| Cash at bank and in hand | 54/58 | €6,952 | €851 | -€6,101 | -87.8% |
| Deferred charges and accrued income | 490/1 | €567 | €571 | +€4 | +0.8% |
| Total equity and liabilities | 10/49 | €390,029 | €387,581 | -€2,448 | -0.6% |
| Equity | 10/15 | €389,495 | €384,109 | -€5,386 | -1.4% |
| Contributions | 10/11 | €531,732 | €531,732 | = | 0.0% |
| Capital | 10 | €529,253 | €529,253 | = | 0.0% |
| Issued capital | 100 | €529,253 | €529,253 | = | 0.0% |
| Contributions outside capital | 11 | €2,479 | €2,479 | = | 0.0% |
| Share premium | 1100/10 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €24,556 | €24,556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,432 | €24,432 | = | 0.0% |
| Legal reserve | 130 | €24,432 | €24,432 | = | 0.0% |
| Tax-exempt reserves | 132 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,793 | -€172,179 | -€5,386 | -3.2% |
| Amounts payable | 17/49 | €534 | €3,472 | +€2,937 | +550% |
| Amounts payable within one year | 42/48 | €534 | €3,472 | +€2,937 | +550% |
| Trade debts | 44 | €534 | €3,472 | +€2,937 | +550% |
| Suppliers | 440/4 | €534 | €3,472 | +€2,937 | +550% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,981 | €4,136 | +€155 | +3.9% |
| Other operating charges | 640/8 | €2,632 | €3,430 | +€798 | +30.3% |
| Gross operating margin | 9900 | €5,465 | €73 | -€5,392 | -98.7% |
| Operating profit (loss) | 9901 | -€1,148 | -€7,493 | -€6,345 | -552% |
| Financial income | 75/76B | €2,052 | €2,164 | +€112 | +5.5% |
| Recurring financial income | 75 | €2,052 | €2,164 | +€112 | +5.5% |
| Financial charges | 65/66B | €17 | €56 | +€40 | +239% |
| Recurring financial charges | 65 | €17 | €56 | +€40 | +239% |
| Profit (loss) for the period before taxes | 9903 | €887 | -€5,386 | -€6,272 | |
| Profit (loss) for the period | 9904 | €887 | -€5,386 | -€6,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €887 | -€5,386 | -€6,272 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.