Norfolk: 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.
Norfolk
Largest movements
- Tangible fixed assets -€14,976
down €14,976 (-10.2%), from €146,108 to €131,133
of which Land and buildings: -€14,613
- Receivables within one year +€8,151
up €8,151 (+3.1%), from €263,268 to €271,418
of which Other amounts receivable: +€8,151
- Reserves -€8,168
down €8,168 (-2.1%), from €388,210 to €380,042
of which Distributable reserves: -€6,995
- Gross operating margin -€14,733
down €14,733 (-82.0%), from €17,962 to €3,229
- Purchases and services +€14,733
up €14,733 (+244%), from €6,038 to €20,771
- Depreciation -€1,210
down €1,210 (-7.5%), from €16,186 to €14,976
- Other operating charges +€1,098
up €1,098 (+31.7%), from €3,466 to €4,564
- Financial income -€839
down €839 (-10.0%), from €8,430 to €7,591
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 | €418,818 | €411,351 | -€7,467 | -1.8% |
| Fixed assets | 21/28 | €146,769 | €131,794 | -€14,976 | -10.2% |
| Tangible fixed assets | 22/27 | €146,108 | €131,133 | -€14,976 | -10.2% |
| Land and buildings | 22 | €144,649 | €130,036 | -€14,613 | -10.1% |
| Plant, machinery and equipment | 23 | €1,459 | €1,097 | -€362 | -24.8% |
| Financial fixed assets | 28 | €661 | €661 | = | 0.0% |
| Current assets | 29/58 | €272,049 | €279,557 | +€7,508 | +2.8% |
| Amounts receivable within one year | 40/41 | €263,268 | €271,418 | +€8,151 | +3.1% |
| Trade receivables | 40 | €105,246 | €105,246 | = | 0.0% |
| Other amounts receivable | 41 | €158,022 | €166,172 | +€8,151 | +5.2% |
| Cash at bank and in hand | 54/58 | €351 | €185 | -€167 | -47.4% |
| Deferred charges and accrued income | 490/1 | €8,430 | €7,954 | -€476 | -5.6% |
| Total equity and liabilities | 10/49 | €418,818 | €411,351 | -€7,467 | -1.8% |
| Equity | 10/15 | €418,210 | €410,042 | -€8,168 | -2.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €388,210 | €380,042 | -€8,168 | -2.1% |
| Tax-exempt reserves | 132 | €1,173 | - | -€1,173 | |
| Distributable reserves | 133 | €387,037 | €380,042 | -€6,995 | -1.8% |
| Provisions and deferred taxes | 16 | €603 | - | -€603 | |
| Deferred taxes | 168 | €603 | - | -€603 | |
| Amounts payable | 17/49 | €5 | €1,309 | +€1,304 | +24,413% |
| Amounts payable within one year | 42/48 | €5 | €1,309 | +€1,304 | +24,413% |
| Financial debts | 43 | €5 | €5 | = | 0.0% |
| Credit institutions | 430/8 | €5 | €5 | = | 0.0% |
| Trade debts | 44 | - | €1,304 | +€1,304 | |
| Suppliers | 440/4 | - | €1,304 | +€1,304 | |
| Turnover | 70 | €24,000 | €24,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,038 | €20,771 | +€14,733 | +244% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,186 | €14,976 | -€1,210 | -7.5% |
| Other operating charges | 640/8 | €3,466 | €4,564 | +€1,098 | +31.7% |
| Gross operating margin | 9900 | €17,962 | €3,229 | -€14,733 | -82.0% |
| Operating profit (loss) | 9901 | -€1,690 | -€16,311 | -€14,621 | -865% |
| Financial income | 75/76B | €8,430 | €7,591 | -€839 | -10.0% |
| Recurring financial income | 75 | €8,430 | €7,591 | -€839 | -10.0% |
| Financial charges | 65/66B | €56 | €51 | -€5 | -8.8% |
| Recurring financial charges | 65 | €56 | €51 | -€5 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €6,684 | -€8,771 | -€15,455 | |
| Transfer from deferred taxes | 780 | €604 | €603 | -€1 | -0.2% |
| Profit (loss) for the period | 9904 | €7,288 | -€8,168 | -€15,456 | |
| Transfer from tax-exempt reserves | 789 | €1,172 | €1,173 | +€1 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,460 | -€6,995 | -€15,455 |
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 29 October 2026 via checked.be.