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Norbouw: 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.

What changed

Norbouw

BE 0597.794.766
NACE 43.990, Other specialised construction activities
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
-€10,049
2021 · -€1,025-€9,025
Equity
€45,759
2021 · €55,808-€10,049
Cash
€2,624
2021 · €501+€2,123
Balance sheet total
€352,832
2021 · €232,776+€120,056

Largest movements

2021 to 2022
Assets
  • Receivables within one year +€115,465

    up €115,465 (+50.4%), from €229,177 to €344,642

    of which Trade receivables: +€101,792

Equity and liabilities
  • Trade debts +€144,864

    up €144,864 (+104.7%), from €138,312 to €283,175

  • Debts after one year -€15,837

    no longer reported in 2022 (was €15,837)

  • Profit (loss) carried forward -€10,049

    down €10,049 (-21.0%), from €47,748 to €37,699

  • Advances received +€6,900

    new in 2022: €6,900

Income statement
  • Other operating charges +€9,642

    up €9,642 (+171.4%), from €5,625 to €15,267

  • Depreciation -€5,603

    no longer reported in 2022 (was €5,603)

  • Gross operating margin -€4,676

    down €4,676 (-47.4%), from €9,860 to €5,185

  • Financial income +€1,521

    up €1,521 (+150.3%), from €1,012 to €2,534

  • Taxes +€787

    up €787 (+337.8%), from €233 to €1,020

From the 2021 result to the 2022 result

effect on the 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.

Result 2021 -€1,025
Gross operating margin -€4,676
Depreciation +€5,603
Write-downs -€770
Other operating charges -€9,642
Financial income +€1,521
Financial charges -€274
Taxes -€787
Result 2022 -€10,049

Cash bridge derived

cash 2021 to 2022

Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€20,858
Investment €0
Financing -€18,735
Cash 2021 €501
Net result for the year -€10,049
Receivables within one year -€115,465
Deferred charges and accrued income -€2,467
Trade debts +€144,864
Tax, wage and social debts -€2,923
Advances received +€6,900
Debts after one year -€15,837
Current portion of long-term debt -€2,897
Cash 2022 €2,624
Every line side by side 38 lines
Line Code 2021 2022 Change %
Total assets 20/58 €232,776 €352,832 +€120,056 +51.6%
Current assets 29/58 €232,776 €352,832 +€120,056 +51.6%
Amounts receivable within one year 40/41 €229,177 €344,642 +€115,465 +50.4%
Trade receivables 40 €202,844 €304,636 +€101,792 +50.2%
Other amounts receivable 41 €26,333 €40,006 +€13,673 +51.9%
Cash at bank and in hand 54/58 €501 €2,624 +€2,123 +424.1%
Deferred charges and accrued income 490/1 €3,099 €5,566 +€2,467 +79.6%
Total equity and liabilities 10/49 €232,776 €352,832 +€120,056 +51.6%
Equity 10/15 €55,808 €45,759 -€10,049 -18.0%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €47,748 €37,699 -€10,049 -21.0%
Amounts payable 17/49 €176,968 €307,074 +€130,105 +73.5%
Amounts payable after more than one year 17 €15,837 - -€15,837
Financial debts 170/4 €15,837 - -€15,837
Amounts payable within one year 42/48 €160,783 €306,726 +€145,943 +90.8%
Current portion of amounts payable after more than one year 42 €18,688 €15,791 -€2,897 -15.5%
Trade debts 44 €138,312 €283,175 +€144,864 +104.7%
Suppliers 440/4 €138,312 €283,175 +€144,864 +104.7%
Advances received on contracts in progress 46 - €6,900 +€6,900
Taxes, remuneration and social security 45 €3,783 €860 -€2,923 -77.3%
Taxes 450/3 €3,783 €860 -€2,923 -77.3%
Accrued charges and deferred income 492/3 €348 €348 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,603 - -€5,603
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €770 +€770
Other operating charges 640/8 €5,625 €15,267 +€9,642 +171.4%
Gross operating margin 9900 €9,860 €5,185 -€4,676 -47.4%
Operating profit (loss) 9901 -€1,368 -€10,853 -€9,485 -693.2%
Financial income 75/76B €1,012 €2,534 +€1,521 +150.3%
Recurring financial income 75 €1,012 €2,534 +€1,521 +150.3%
Financial charges 65/66B €436 €710 +€274 +63.0%
Recurring financial charges 65 €436 €710 +€274 +63.0%
Profit (loss) for the period before taxes 9903 -€792 -€9,029 -€8,238 -1040.5%
Income taxes 67/77 €233 €1,020 +€787 +337.8%
Profit (loss) for the period 9904 -€1,025 -€10,049 -€9,025 -880.8%
Profit (loss) for the period to be appropriated 9905 -€1,025 -€10,049 -€9,025 -880.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.