NOORDLICHT: what changed
What changed
NOORDLICHT
NACE 47.750, Retail sale of cosmetics and toilet articles
filed annual accounts (NBB)
Net result for the year
€13,163
2024 · €7,599+€5,565
Equity
€78,509
2024 · €78,509
Cash
€31,323
2024 · €21,217+€10,106
Balance sheet total
€135,668
2024 · €124,367+€11,302
Largest movements
Assets
- Intangible fixed assets -€17,530
down €17,530 (-92.6%), from €18,933 to €1,403
- Receivables within one year +€12,587
up €12,587 (+125%), from €10,033 to €22,620
of which Trade receivables: +€19,043
- Cash +€10,106
up €10,106 (+47.6%), from €21,217 to €31,323
mainly Depreciation (+€19,595) and Trade debts (+€15,795)
- Stocks and contracts +€7,950
up €7,950 (+13.9%), from €57,101 to €65,051
- Deferred charges and accrued income -€3,337
down €3,337 (-65.0%), from €5,132 to €1,796
Equity and liabilities
- Trade debts +€15,795
up €15,795 (+211%), from €7,469 to €23,264
- Current portion of long-term debt -€15,528
no longer reported in 2025 (was €15,528)
- Other debts +€9,552
up €9,552 (+64.8%), from €14,749 to €24,302
Income statement
- Staff costs -€12,599
down €12,599 (-61.6%), from €20,448 to €7,850
- Gross operating margin -€4,268
down €4,268 (-8.4%), from €50,553 to €46,286
- Taxes +€2,699
up €2,699 (+354%), from €763 to €3,462
- Financial income -€889
down €889 (-31.1%), from €2,856 to €1,968
- Depreciation -€772
down €772 (-3.8%), from €20,367 to €19,595
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,599
Gross operating margin
-€4,268
Staff costs
+€12,599
Depreciation
+€772
Other operating charges
-€338
Financial income
-€889
Financial charges
+€386
Taxes
-€2,699
Result 2025
€13,163
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€42,387
Investment
-€3,590
Financing
-€28,691
Cash 2024
€21,217
From operations (derived)
+€42,387
Net result for the year
+€13,163
Depreciation
+€19,595
Stocks and contracts
-€7,950
Receivables within one year
-€12,587
Deferred charges and accrued income
+€3,337
Trade debts
+€15,795
Tax, wage and social debts
+€1,282
Other debts
+€9,552
Accrued charges and deferred income
+€200
Investment (derived)
-€3,590
Investment in fixed assets (net)
-€3,590
Financing
-€28,691
Current portion of long-term debt
-€15,528
Contributions, distributions and other
-€13,163
Cash 2025
€31,323
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,367 | €135,668 | +€11,302 | +9.1% |
| Fixed assets | 21/28 | €29,983 | €13,978 | -€16,005 | -53.4% |
| Intangible fixed assets | 21 | €18,933 | €1,403 | -€17,530 | -92.6% |
| Tangible fixed assets | 22/27 | €6,008 | €7,533 | +€1,525 | +25.4% |
| Plant, machinery and equipment | 23 | €6,008 | €7,533 | +€1,525 | +25.4% |
| Financial fixed assets | 28 | €5,042 | €5,042 | = | 0.0% |
| Current assets | 29/58 | €94,383 | €121,690 | +€27,306 | +28.9% |
| Stocks and contracts in progress | 3 | €57,101 | €65,051 | +€7,950 | +13.9% |
| Stocks | 30/36 | €57,101 | €65,051 | +€7,950 | +13.9% |
| Amounts receivable within one year | 40/41 | €10,033 | €22,620 | +€12,587 | +125% |
| Trade receivables | 40 | €227 | €19,270 | +€19,043 | +8,385% |
| Other amounts receivable | 41 | €9,806 | €3,350 | -€6,456 | -65.8% |
| Current investments | 50/53 | €900 | €900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,217 | €31,323 | +€10,106 | +47.6% |
| Deferred charges and accrued income | 490/1 | €5,132 | €1,796 | -€3,337 | -65.0% |
| Total equity and liabilities | 10/49 | €124,367 | €135,668 | +€11,302 | +9.1% |
| Equity | 10/15 | €78,509 | €78,509 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €58,509 | €58,509 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €56,509 | €56,509 | = | 0.0% |
| Amounts payable | 17/49 | €45,858 | €57,160 | +€11,302 | +24.6% |
| Amounts payable within one year | 42/48 | €45,658 | €56,760 | +€11,102 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €15,528 | - | -€15,528 | |
| Trade debts | 44 | €7,469 | €23,264 | +€15,795 | +211% |
| Suppliers | 440/4 | €7,469 | €23,264 | +€15,795 | +211% |
| Taxes, remuneration and social security | 45 | €7,912 | €9,194 | +€1,282 | +16.2% |
| Taxes | 450/3 | €4,255 | €3,504 | -€751 | -17.7% |
| Remuneration and social security | 454/9 | €3,657 | €5,690 | +€2,034 | +55.6% |
| Other amounts payable | 47/48 | €14,749 | €24,302 | +€9,552 | +64.8% |
| Accrued charges and deferred income | 492/3 | €200 | €400 | +€200 | +100% |
| Remuneration, social security and pensions | 62 | €20,448 | €7,850 | -€12,599 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,367 | €19,595 | -€772 | -3.8% |
| Other operating charges | 640/8 | €2,763 | €3,101 | +€338 | +12.2% |
| Gross operating margin | 9900 | €50,553 | €46,286 | -€4,268 | -8.4% |
| Operating profit (loss) | 9901 | €6,975 | €15,741 | +€8,766 | +126% |
| Financial income | 75/76B | €2,856 | €1,968 | -€889 | -31.1% |
| Recurring financial income | 75 | €2,856 | €1,968 | -€889 | -31.1% |
| Financial charges | 65/66B | €1,469 | €1,083 | -€386 | -26.3% |
| Recurring financial charges | 65 | €1,469 | €1,083 | -€386 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €8,362 | €16,625 | +€8,264 | +98.8% |
| Income taxes | 67/77 | €763 | €3,462 | +€2,699 | +354% |
| Profit (loss) for the period | 9904 | €7,599 | €13,163 | +€5,565 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,599 | €13,163 | +€5,565 | +73.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.