NORDOC: 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.
NORDOC
Largest movements
- Cash +€4,311
up €4,311 (+2.3%), from €187,417 to €191,729
mainly Depreciation (+€7,895) and Net result for the year (+€4,689)
- Tangible fixed assets -€3,068
down €3,068 (-5.0%), from €61,243 to €58,175
of which Furniture and vehicles: -€1,601
- Reserves +€4,689
up €4,689 (+2.8%), from €170,460 to €175,148
of which Distributable reserves: +€4,689
- Financial income +€925
up €925 (+125%), from €741 to €1,665
- Depreciation +€190
up €190 (+2.5%), from €7,705 to €7,895
- Gross operating margin +€156
up €156 (+1.1%), from €14,303 to €14,459
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 | €248,661 | €251,341 | +€2,680 | +1.1% |
| Fixed assets | 21/28 | €61,243 | €58,175 | -€3,068 | -5.0% |
| Tangible fixed assets | 22/27 | €61,243 | €58,175 | -€3,068 | -5.0% |
| Land and buildings | 22 | €59,643 | €58,175 | -€1,467 | -2.5% |
| Furniture and vehicles | 24 | €1,601 | €0 | -€1,601 | -100% |
| Current assets | 29/58 | €187,417 | €193,165 | +€5,748 | +3.1% |
| Amounts receivable within one year | 40/41 | - | €1,437 | +€1,437 | |
| Other amounts receivable | 41 | - | €1,437 | +€1,437 | |
| Cash at bank and in hand | 54/58 | €187,417 | €191,729 | +€4,311 | +2.3% |
| Total equity and liabilities | 10/49 | €248,661 | €251,341 | +€2,680 | +1.1% |
| Equity | 10/15 | €245,460 | €250,148 | +€4,689 | +1.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €170,460 | €175,148 | +€4,689 | +2.8% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €162,960 | €167,648 | +€4,689 | +2.9% |
| Amounts payable | 17/49 | €3,201 | €1,192 | -€2,009 | -62.8% |
| Amounts payable within one year | 42/48 | €3,201 | €1,192 | -€2,009 | -62.8% |
| Trade debts | 44 | €130 | €60 | -€70 | -53.8% |
| Suppliers | 440/4 | €130 | €60 | -€70 | -53.8% |
| Taxes, remuneration and social security | 45 | €1,956 | - | -€1,956 | |
| Taxes | 450/3 | €1,956 | - | -€1,956 | |
| Other amounts payable | 47/48 | €1,115 | €1,132 | +€18 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,705 | €7,895 | +€190 | +2.5% |
| Other operating charges | 640/8 | €1,904 | €1,912 | +€7 | +0.4% |
| Gross operating margin | 9900 | €14,303 | €14,459 | +€156 | +1.1% |
| Operating profit (loss) | 9901 | €4,694 | €4,652 | -€41 | -0.9% |
| Financial income | 75/76B | €741 | €1,665 | +€925 | +125% |
| Recurring financial income | 75 | €741 | €1,665 | +€925 | +125% |
| Financial charges | 65/66B | €44 | €66 | +€23 | +51.7% |
| Recurring financial charges | 65 | €44 | €66 | +€23 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €5,391 | €6,252 | +€861 | +16.0% |
| Income taxes | 67/77 | €1,424 | €1,563 | +€139 | +9.8% |
| Profit (loss) for the period | 9904 | €3,967 | €4,689 | +€722 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,967 | €4,689 | +€722 | +18.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.