NORCONSULT: 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.
NORCONSULT
Largest movements
- Cash +€32,917
up €32,917 (+1983.5%), from €1,660 to €34,577
mainly Depreciation (+€26,795) and Receivables within one year (+€22,046)
- Receivables within one year -€22,046
down €22,046 (-84.7%), from €26,015 to €3,969
of which Trade receivables: -€26,015
- Tangible fixed assets -€17,476
down €17,476 (-33.5%), from €52,105 to €34,628
of which Furniture and vehicles: -€17,014
- Intangible fixed assets -€5,000
down €5,000 (-11.1%), from €44,986 to €39,986
- Deferred charges and accrued income +€1,362
up €1,362 (+44.6%), from €3,055 to €4,417
- Trade debts -€7,422
no longer reported in 2025 (was €7,422)
- Tax, wage and social debts -€4,808
down €4,808 (-29.8%), from €16,161 to €11,353
of which Taxes: -€2,878
- Profit (loss) carried forward +€4,805
up €4,805 (+14.2%), from €33,846 to €38,651
- Other debts -€2,818
down €2,818 (-37.6%), from €7,492 to €4,674
- Gross operating margin -€81,346
down €81,346 (-52.2%), from €155,950 to €74,604
- Taxes -€21,801
down €21,801 (-86.1%), from €25,332 to €3,531
- Depreciation +€9,120
up €9,120 (+51.6%), from €17,675 to €26,795
- Staff costs +€6,090
up €6,090 (+18.9%), from €32,180 to €38,270
- Other operating charges -€2,907
down €2,907 (-81.1%), from €3,582 to €675
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,021 | €117,777 | -€10,243 | -8.0% |
| Fixed assets | 21/28 | €97,291 | €74,815 | -€22,476 | -23.1% |
| Intangible fixed assets | 21 | €44,986 | €39,986 | -€5,000 | -11.1% |
| Tangible fixed assets | 22/27 | €52,105 | €34,628 | -€17,476 | -33.5% |
| Plant, machinery and equipment | 23 | €1,016 | €554 | -€462 | -45.5% |
| Furniture and vehicles | 24 | €51,089 | €34,075 | -€17,014 | -33.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €30,729 | €42,963 | +€12,233 | +39.8% |
| Amounts receivable within one year | 40/41 | €26,015 | €3,969 | -€22,046 | -84.7% |
| Trade receivables | 40 | €26,015 | - | -€26,015 | |
| Other amounts receivable | 41 | - | €3,969 | +€3,969 | |
| Cash at bank and in hand | 54/58 | €1,660 | €34,577 | +€32,917 | +1983.5% |
| Deferred charges and accrued income | 490/1 | €3,055 | €4,417 | +€1,362 | +44.6% |
| Total equity and liabilities | 10/49 | €128,021 | €117,777 | -€10,243 | -8.0% |
| Equity | 10/15 | €96,946 | €101,751 | +€4,805 | +5.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €62,100 | €62,100 | = | 0.0% |
| Distributable reserves | 133 | €62,100 | €62,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,846 | €38,651 | +€4,805 | +14.2% |
| Amounts payable | 17/49 | €31,075 | €16,027 | -€15,048 | -48.4% |
| Amounts payable within one year | 42/48 | €31,075 | €16,027 | -€15,048 | -48.4% |
| Trade debts | 44 | €7,422 | - | -€7,422 | |
| Suppliers | 440/4 | €7,422 | - | -€7,422 | |
| Taxes, remuneration and social security | 45 | €16,161 | €11,353 | -€4,808 | -29.8% |
| Taxes | 450/3 | €14,231 | €11,353 | -€2,878 | -20.2% |
| Remuneration and social security | 454/9 | €1,930 | - | -€1,930 | |
| Other amounts payable | 47/48 | €7,492 | €4,674 | -€2,818 | -37.6% |
| Remuneration, social security and pensions | 62 | €32,180 | €38,270 | +€6,090 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,675 | €26,795 | +€9,120 | +51.6% |
| Other operating charges | 640/8 | €3,582 | €675 | -€2,907 | -81.1% |
| Non-recurring operating charges | 66A | €332 | €272 | -€60 | -18.2% |
| Gross operating margin | 9900 | €155,950 | €74,604 | -€81,346 | -52.2% |
| Operating profit (loss) | 9901 | €102,181 | €8,592 | -€93,589 | -91.6% |
| Financial income | 75/76B | €442 | - | -€442 | |
| Recurring financial income | 75 | €442 | - | -€442 | |
| Financial charges | 65/66B | €191 | €256 | +€65 | +33.8% |
| Recurring financial charges | 65 | €191 | €256 | +€65 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €102,432 | €8,336 | -€94,096 | -91.9% |
| Income taxes | 67/77 | €25,332 | €3,531 | -€21,801 | -86.1% |
| Profit (loss) for the period | 9904 | €77,100 | €4,805 | -€72,295 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,100 | €4,805 | -€72,295 | -93.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.