NORDIS: 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.
NORDIS
Largest movements
- Cash -€37,551
down €37,551 (-82.7%), from €45,400 to €7,849
mainly Receivables within one year (-€19,516) and Tax, wage and social debts (-€19,379)
- Receivables within one year +€19,516
up €19,516 (+82.5%), from €23,668 to €43,184
of which Other amounts receivable: +€19,516
- Tax, wage and social debts -€19,379
no longer reported in 2025 (was €19,379)
- Financial income -€2,138
down €2,138 (-28.1%), from €7,599 to €5,461
- Taxes +€1,536
up €1,536 (+1,496%), from €103 to €1,638
- Financial charges -€759
down €759 (-67.5%), from €1,125 to €365
- Gross operating margin +€422
up €422 (+74.1%), from -€569 to -€147
- Purchases and services -€422
down €422 (-74.1%), from €569 to €147
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.
Derived cash bridge
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 | €705,645 | €687,610 | -€18,035 | -2.6% |
| Fixed assets | 21/28 | €636,577 | €636,577 | = | 0.0% |
| Financial fixed assets | 28 | €636,577 | €636,577 | = | 0.0% |
| Current assets | 29/58 | €69,068 | €51,033 | -€18,035 | -26.1% |
| Amounts receivable within one year | 40/41 | €23,668 | €43,184 | +€19,516 | +82.5% |
| Trade receivables | 40 | €1,668 | €1,668 | = | 0.0% |
| Other amounts receivable | 41 | €22,000 | €41,516 | +€19,516 | +88.7% |
| Cash at bank and in hand | 54/58 | €45,400 | €7,849 | -€37,551 | -82.7% |
| Total equity and liabilities | 10/49 | €705,645 | €687,610 | -€18,035 | -2.6% |
| Equity | 10/15 | €439,418 | €441,730 | +€2,312 | +0.5% |
| Contributions | 10/11 | €58,925 | €58,925 | = | 0.0% |
| Capital | 10 | €58,255 | €58,255 | = | 0.0% |
| Issued capital | 100 | €58,255 | €58,255 | = | 0.0% |
| Contributions outside capital | 11 | €670 | €670 | = | 0.0% |
| Share premium | 1100/10 | €670 | €670 | = | 0.0% |
| Reserves | 13 | €170,835 | €170,835 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,401 | €8,401 | = | 0.0% |
| Legal reserve | 130 | €8,401 | €8,401 | = | 0.0% |
| Tax-exempt reserves | 132 | €162,435 | €162,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | €209,658 | €211,970 | +€2,312 | +1.1% |
| Provisions and deferred taxes | 16 | €51,435 | €51,435 | = | 0.0% |
| Deferred taxes | 168 | €51,435 | €51,435 | = | 0.0% |
| Amounts payable | 17/49 | €214,792 | €194,445 | -€20,347 | -9.5% |
| Amounts payable within one year | 42/48 | €214,792 | €194,445 | -€20,347 | -9.5% |
| Trade debts | 44 | €484 | - | -€484 | |
| Suppliers | 440/4 | €484 | - | -€484 | |
| Taxes, remuneration and social security | 45 | €19,379 | - | -€19,379 | |
| Taxes | 450/3 | €19,379 | - | -€19,379 | |
| Other amounts payable | 47/48 | €194,929 | €194,445 | -€484 | -0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €569 | €147 | -€422 | -74.1% |
| Other operating charges | 640/8 | €1,210 | €998 | -€211 | -17.5% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | -€569 | -€147 | +€422 | +74.1% |
| Operating profit (loss) | 9901 | -€2,028 | -€1,146 | +€882 | +43.5% |
| Financial income | 75/76B | €7,599 | €5,461 | -€2,138 | -28.1% |
| Recurring financial income | 75 | €7,599 | €5,461 | -€2,138 | -28.1% |
| Financial charges | 65/66B | €1,125 | €365 | -€759 | -67.5% |
| Recurring financial charges | 65 | €1,125 | €365 | -€759 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €4,446 | €3,950 | -€496 | -11.1% |
| Income taxes | 67/77 | €103 | €1,638 | +€1,536 | +1,496% |
| Profit (loss) for the period | 9904 | €4,343 | €2,312 | -€2,031 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,343 | €2,312 | -€2,031 | -46.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.