NORBERT IMPENS: 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.
NORBERT IMPENS
Largest movements
- Stocks and contracts -€33,556
down €33,556 (-88.4%), from €37,949 to €4,394
- Cash -€25,955
down €25,955 (-64.2%), from €40,423 to €14,468
mainly Net result for the year (-€80,731) and Trade debts (-€11,159)
- Receivables within one year -€16,652
down €16,652 (-86.8%), from €19,176 to €2,523
of which Trade receivables: -€17,861
- Tangible fixed assets -€12,944
down €12,944 (-4.9%), from €265,723 to €252,779
of which Land and buildings: -€12,242
- Deferred charges and accrued income -€4,550
down €4,550 (-84.3%), from €5,395 to €845
- Profit (loss) carried forward -€80,731
down €80,731 (-61.2%), from -€131,899 to -€212,630
- Trade debts -€11,159
down €11,159 (-92.4%), from €12,074 to €915
- Gross operating margin -€44,171
down €44,171, from €21,278 to -€22,893
- Staff costs +€12,691
up €12,691 (+61.0%), from €20,798 to €33,489
- Depreciation -€4,123
down €4,123 (-24.2%), from €17,067 to €12,944
- Other operating charges +€600
up €600 (+5.7%), from €10,563 to €11,163
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 | €368,703 | €275,046 | -€93,657 | -25.4% |
| Fixed assets | 21/28 | €265,760 | €252,816 | -€12,944 | -4.9% |
| Tangible fixed assets | 22/27 | €265,723 | €252,779 | -€12,944 | -4.9% |
| Land and buildings | 22 | €264,511 | €252,269 | -€12,242 | -4.6% |
| Furniture and vehicles | 24 | €1,211 | €510 | -€702 | -57.9% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €102,943 | €22,230 | -€80,713 | -78.4% |
| Stocks and contracts in progress | 3 | €37,949 | €4,394 | -€33,556 | -88.4% |
| Stocks | 30/36 | €37,949 | €4,394 | -€33,556 | -88.4% |
| Amounts receivable within one year | 40/41 | €19,176 | €2,523 | -€16,652 | -86.8% |
| Trade receivables | 40 | €19,176 | €1,314 | -€17,861 | -93.1% |
| Other amounts receivable | 41 | - | €1,209 | +€1,209 | |
| Cash at bank and in hand | 54/58 | €40,423 | €14,468 | -€25,955 | -64.2% |
| Deferred charges and accrued income | 490/1 | €5,395 | €845 | -€4,550 | -84.3% |
| Total equity and liabilities | 10/49 | €368,703 | €275,046 | -€93,657 | -25.4% |
| Equity | 10/15 | €291,480 | €210,750 | -€80,731 | -27.7% |
| Contributions | 10/11 | €291,500 | €291,500 | = | 0.0% |
| Capital | 10 | €291,500 | €291,500 | = | 0.0% |
| Issued capital | 100 | €291,500 | €291,500 | = | 0.0% |
| Reserves | 13 | €131,880 | €131,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,150 | €29,150 | = | 0.0% |
| Legal reserve | 130 | €29,150 | €29,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,500 | €44,500 | = | 0.0% |
| Distributable reserves | 133 | €58,230 | €58,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,899 | -€212,630 | -€80,731 | -61.2% |
| Provisions and deferred taxes | 16 | €1,454 | €2,532 | +€1,078 | +74.1% |
| Provisions for liabilities and charges | 160/5 | €1,454 | €2,532 | +€1,078 | +74.1% |
| Pensions and similar obligations | 160 | €1,454 | €2,532 | +€1,078 | +74.1% |
| Amounts payable | 17/49 | €75,769 | €61,765 | -€14,004 | -18.5% |
| Amounts payable within one year | 42/48 | €74,239 | €61,765 | -€12,474 | -16.8% |
| Trade debts | 44 | €12,074 | €915 | -€11,159 | -92.4% |
| Suppliers | 440/4 | €12,074 | €915 | -€11,159 | -92.4% |
| Taxes, remuneration and social security | 45 | €19 | €20 | +€0 | +0.5% |
| Taxes | 450/3 | €19 | €20 | +€0 | +0.5% |
| Other amounts payable | 47/48 | €62,145 | €60,830 | -€1,316 | -2.1% |
| Accrued charges and deferred income | 492/3 | €1,530 | - | -€1,530 | |
| Non-recurring operating income | 76A | €10,000 | €632 | -€9,368 | -93.7% |
| Remuneration, social security and pensions | 62 | €20,798 | €33,489 | +€12,691 | +61.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,067 | €12,944 | -€4,123 | -24.2% |
| Other operating charges | 640/8 | €10,563 | €11,163 | +€600 | +5.7% |
| Gross operating margin | 9900 | €21,278 | -€22,893 | -€44,171 | |
| Operating profit (loss) | 9901 | -€27,150 | -€80,489 | -€53,339 | -196.5% |
| Financial income | 75/76B | €122 | €165 | +€43 | +34.9% |
| Recurring financial income | 75 | €122 | €165 | +€43 | +34.9% |
| Financial charges | 65/66B | €450 | €407 | -€43 | -9.5% |
| Recurring financial charges | 65 | €450 | €407 | -€43 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,477 | -€80,731 | -€53,254 | -193.8% |
| Profit (loss) for the period | 9904 | -€27,477 | -€80,731 | -€53,254 | -193.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,477 | -€80,731 | -€53,254 | -193.8% |
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 7 October 2026 via checked.be.