NOREDTOMATOES: 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.
NOREDTOMATOES
Largest movements
- Receivables within one year +€17,327
up €17,327 (+232.1%), from €7,465 to €24,791
of which Trade receivables: +€23,240
- Cash -€11,079
down €11,079 (-63.9%), from €17,334 to €6,255
mainly Contributions, distributions and other (-€21,911) and Receivables within one year (-€17,327)
- Tangible fixed assets -€1,577
down €1,577 (-39.7%), from €3,972 to €2,395
of which Plant, machinery and equipment: -€984
- Tax, wage and social debts +€7,031
up €7,031 (+122.3%), from €5,748 to €12,779
- Reserves -€2,293
down €2,293 (-46.7%), from €4,915 to €2,622
- Gross operating margin -€157,600
down €157,600 (-84.2%), from €187,152 to €29,551
- Taxes -€33,281
down €33,281 (-84.5%), from €39,383 to €6,103
- Financial charges -€13,308
down €13,308 (-97.4%), from €13,665 to €356
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 | €29,271 | €34,241 | +€4,970 | +17.0% |
| Fixed assets | 21/28 | €4,472 | €2,895 | -€1,577 | -35.3% |
| Tangible fixed assets | 22/27 | €3,972 | €2,395 | -€1,577 | -39.7% |
| Plant, machinery and equipment | 23 | €2,515 | €1,531 | -€984 | -39.1% |
| Furniture and vehicles | 24 | €1,457 | €864 | -€593 | -40.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €24,799 | €31,346 | +€6,547 | +26.4% |
| Amounts receivable within one year | 40/41 | €7,465 | €24,791 | +€17,327 | +232.1% |
| Trade receivables | 40 | €718 | €23,958 | +€23,240 | +3237.0% |
| Other amounts receivable | 41 | €6,747 | €833 | -€5,913 | -87.6% |
| Cash at bank and in hand | 54/58 | €17,334 | €6,255 | -€11,079 | -63.9% |
| Deferred charges and accrued income | 490/1 | - | €300 | +€300 | |
| Total equity and liabilities | 10/49 | €29,271 | €34,241 | +€4,970 | +17.0% |
| Equity | 10/15 | €23,515 | €21,222 | -€2,293 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,915 | €2,622 | -€2,293 | -46.7% |
| Distributable reserves | 133 | €4,915 | €2,622 | -€2,293 | -46.7% |
| Amounts payable | 17/49 | €5,756 | €13,019 | +€7,263 | +126.2% |
| Amounts payable within one year | 42/48 | €5,756 | €13,019 | +€7,263 | +126.2% |
| Trade debts | 44 | €8 | €240 | +€233 | +3080.8% |
| Suppliers | 440/4 | €8 | €240 | +€233 | +3080.8% |
| Taxes, remuneration and social security | 45 | €5,748 | €12,779 | +€7,031 | +122.3% |
| Taxes | 450/3 | €5,748 | €12,779 | +€7,031 | +122.3% |
| Remuneration, social security and pensions | 62 | €2,010 | €2,010 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,814 | €1,577 | -€237 | -13.1% |
| Other operating charges | 640/8 | €646 | €120 | -€526 | -81.4% |
| Gross operating margin | 9900 | €187,152 | €29,551 | -€157,600 | -84.2% |
| Operating profit (loss) | 9901 | €182,681 | €25,844 | -€156,837 | -85.9% |
| Financial income | 75/76B | €355 | €233 | -€122 | -34.3% |
| Recurring financial income | 75 | €355 | €233 | -€122 | -34.3% |
| Financial charges | 65/66B | €13,665 | €356 | -€13,308 | -97.4% |
| Recurring financial charges | 65 | €13,665 | €356 | -€13,308 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | €169,372 | €25,721 | -€143,651 | -84.8% |
| Income taxes | 67/77 | €39,383 | €6,103 | -€33,281 | -84.5% |
| Profit (loss) for the period | 9904 | €129,989 | €19,618 | -€110,370 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €129,989 | €19,618 | -€110,370 | -84.9% |
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 9 October 2026 via checked.be.