Noordwestvlees: 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.
Noordwestvlees
Largest movements
- Receivables within one year +€13,321
up €13,321 (+64.3%), from €20,710 to €34,031
of which Other amounts receivable: +€13,321
- Cash -€9,752
down €9,752 (-11.3%), from €86,001 to €76,249
mainly Contributions, distributions and other (-€14,286) and Receivables within one year (-€13,321)
- Reserves +€5,283
up €5,283 (+6.3%), from €83,406 to €88,689
of which Distributable reserves: +€5,283
- Trade debts -€1,533
down €1,533 (-70.3%), from €2,180 to €647
- Gross operating margin +€3,849
up €3,849 (+16.2%), from €23,829 to €27,678
- Financial income +€2,016
up €2,016 (+209%), from €965 to €2,981
- Taxes +€1,757
up €1,757 (+20.0%), from €8,780 to €10,537
- Depreciation -€313
down €313 (-38.2%), from €820 to €507
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.
Derived cash bridge
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 | €115,522 | €118,584 | +€3,062 | +2.7% |
| Fixed assets | 21/28 | €809 | €302 | -€507 | -62.7% |
| Tangible fixed assets | 22/27 | €809 | €302 | -€507 | -62.7% |
| Furniture and vehicles | 24 | €809 | €302 | -€507 | -62.7% |
| Current assets | 29/58 | €114,714 | €118,283 | +€3,569 | +3.1% |
| Amounts receivable within one year | 40/41 | €20,710 | €34,031 | +€13,321 | +64.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €20,710 | €34,031 | +€13,321 | +64.3% |
| Current investments | 50/53 | €8,002 | €8,002 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,001 | €76,249 | -€9,752 | -11.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €115,522 | €118,584 | +€3,062 | +2.7% |
| Equity | 10/15 | €101,956 | €107,239 | +€5,283 | +5.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €83,406 | €88,689 | +€5,283 | +6.3% |
| Non-distributable reserves | 130/1 | €3,355 | €3,355 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,355 | €3,355 | = | 0.0% |
| Tax-exempt reserves | 132 | €969 | €969 | = | 0.0% |
| Distributable reserves | 133 | €79,082 | €84,365 | +€5,283 | +6.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,566 | €11,345 | -€2,221 | -16.4% |
| Amounts payable within one year | 42/48 | €13,566 | €11,345 | -€2,221 | -16.4% |
| Trade debts | 44 | €2,180 | €647 | -€1,533 | -70.3% |
| Suppliers | 440/4 | €2,180 | €647 | -€1,533 | -70.3% |
| Taxes, remuneration and social security | 45 | €11,387 | €10,698 | -€688 | -6.0% |
| Taxes | 450/3 | €11,387 | €10,698 | -€688 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €820 | €507 | -€313 | -38.2% |
| Other operating charges | 640/8 | €243 | €46 | -€197 | -81.1% |
| Gross operating margin | 9900 | €23,829 | €27,678 | +€3,849 | +16.2% |
| Operating profit (loss) | 9901 | €22,766 | €27,125 | +€4,359 | +19.1% |
| Financial income | 75/76B | €965 | €2,981 | +€2,016 | +209% |
| Recurring financial income | 75 | €965 | €2,981 | +€2,016 | +209% |
| Financial charges | 65/66B | €56 | €0 | -€56 | -100% |
| Recurring financial charges | 65 | €56 | €0 | -€56 | -100% |
| Profit (loss) for the period before taxes | 9903 | €23,674 | €30,105 | +€6,431 | +27.2% |
| Income taxes | 67/77 | €8,780 | €10,537 | +€1,757 | +20.0% |
| Profit (loss) for the period | 9904 | €14,894 | €19,569 | +€4,674 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,894 | €19,569 | +€4,674 | +31.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.