NORDOSS: 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.
NORDOSS
Largest movements
- Cash -€333,139
down €333,139 (-97.0%), from €343,389 to €10,249
mainly Investment in fixed assets (net) (-€275,460) and Trade debts (-€53,635)
- Tangible fixed assets +€230,369
up €230,369 (+44.3%), from €519,766 to €750,135
- Receivables within one year +€11,590
up €11,590 (+166%), from €6,966 to €18,556
of which Other amounts receivable: +€11,590
- Trade debts -€53,635
down €53,635 (-99.6%), from €53,833 to €198
- Reserves -€50,759
down €50,759 (-7.0%), from €728,860 to €678,101
of which Tax-exempt reserves: -€26,987
- Other debts +€17,045
up €17,045 (+493%), from €3,455 to €20,500
- Gross operating margin -€64,536
down €64,536 (-98.0%), from €65,856 to €1,320
- Depreciation +€45,091
up €45,091, from €0 to €45,091
- Taxes -€13,974
down €13,974 (-100.0%), from €13,974 to €0
- Financial income -€6,366
down €6,366 (-56.4%), from €11,282 to €4,917
- Other operating charges -€1,622
down €1,622 (-86.5%), from €1,875 to €253
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 | €1,025,084 | €936,178 | -€88,906 | -8.7% |
| Fixed assets | 21/28 | €519,766 | €750,135 | +€230,369 | +44.3% |
| Tangible fixed assets | 22/27 | €519,766 | €750,135 | +€230,369 | +44.3% |
| Land and buildings | 22 | €519,766 | €750,135 | +€230,369 | +44.3% |
| Current assets | 29/58 | €505,318 | €186,043 | -€319,275 | -63.2% |
| Amounts receivable after more than one year | 29 | €75,500 | €75,500 | = | 0.0% |
| Other amounts receivable | 291 | €75,500 | €75,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,966 | €18,556 | +€11,590 | +166% |
| Trade receivables | 40 | €6,966 | €6,966 | = | 0.0% |
| Other amounts receivable | 41 | - | €11,590 | +€11,590 | |
| Current investments | 50/53 | €76,968 | €77,310 | +€342 | +0.4% |
| Cash at bank and in hand | 54/58 | €343,389 | €10,249 | -€333,139 | -97.0% |
| Deferred charges and accrued income | 490/1 | €2,495 | €4,428 | +€1,933 | +77.4% |
| Total equity and liabilities | 10/49 | €1,025,084 | €936,178 | -€88,906 | -8.7% |
| Equity | 10/15 | €793,305 | €742,546 | -€50,759 | -6.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €728,860 | €678,101 | -€50,759 | -7.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €490,069 | €463,083 | -€26,987 | -5.5% |
| Distributable reserves | 133 | €232,591 | €208,818 | -€23,772 | -10.2% |
| Profit (loss) carried forward | 14 | €2,445 | €2,445 | = | 0.0% |
| Provisions and deferred taxes | 16 | €163,356 | €154,361 | -€8,996 | -5.5% |
| Deferred taxes | 168 | €163,356 | €154,361 | -€8,996 | -5.5% |
| Amounts payable | 17/49 | €68,423 | €39,272 | -€29,151 | -42.6% |
| Amounts payable within one year | 42/48 | €68,423 | €39,272 | -€29,151 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €53,833 | €198 | -€53,635 | -99.6% |
| Suppliers | 440/4 | €53,833 | €198 | -€53,635 | -99.6% |
| Taxes, remuneration and social security | 45 | €11,134 | €18,573 | +€7,439 | +66.8% |
| Taxes | 450/3 | €11,134 | €18,573 | +€7,439 | +66.8% |
| Other amounts payable | 47/48 | €3,455 | €20,500 | +€17,045 | +493% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €84,642 | €0 | -€84,642 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €45,091 | +€45,091 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,875 | €253 | -€1,622 | -86.5% |
| Gross operating margin | 9900 | €65,856 | €1,320 | -€64,536 | -98.0% |
| Operating profit (loss) | 9901 | €63,981 | -€44,024 | -€108,006 | |
| Financial income | 75/76B | €11,282 | €4,917 | -€6,366 | -56.4% |
| Recurring financial income | 75 | €11,282 | €4,917 | -€6,366 | -56.4% |
| Financial charges | 65/66B | €655 | €147 | -€508 | -77.5% |
| Recurring financial charges | 65 | €655 | €147 | -€508 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €74,608 | -€39,255 | -€113,863 | |
| Transfer from deferred taxes | 780 | €52,409 | €8,996 | -€43,414 | -82.8% |
| Transfer to deferred taxes | 680 | €84,642 | €0 | -€84,642 | -100% |
| Income taxes | 67/77 | €13,974 | €0 | -€13,974 | -100.0% |
| Profit (loss) for the period | 9904 | €28,401 | -€30,259 | -€58,661 | |
| Transfer from tax-exempt reserves | 789 | - | €26,987 | +€26,987 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €28,401 | -€3,272 | -€31,674 |
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.