Noribel: 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.
Noribel
Largest movements
- Cash +€3,227
up €3,227 (+358%), from €902 to €4,128
mainly Net result for the year (+€2,320) and Receivables within one year (+€1,581)
- Receivables within one year -€1,581
down €1,581 (-64.8%), from €2,442 to €860
of which Trade receivables: -€825
- Profit (loss) carried forward +€2,320
up €2,320 (+9.8%), from -€23,601 to -€21,281
- Advances received -€998
down €998 (-82.5%), from €1,210 to €212
- Trade debts +€400
new in 2025: €400
- Gross operating margin +€2,214
up €2,214 (+384%), from €577 to €2,790
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 | €20,563 | €22,208 | +€1,645 | +8.0% |
| Fixed assets | 21/28 | €17,220 | €17,220 | = | 0.0% |
| Intangible fixed assets | 21 | €17,220 | €17,220 | = | 0.0% |
| Current assets | 29/58 | €3,343 | €4,989 | +€1,645 | +49.2% |
| Amounts receivable within one year | 40/41 | €2,442 | €860 | -€1,581 | -64.8% |
| Trade receivables | 40 | €1,000 | €175 | -€825 | -82.5% |
| Other amounts receivable | 41 | €1,442 | €685 | -€756 | -52.5% |
| Cash at bank and in hand | 54/58 | €902 | €4,128 | +€3,227 | +358% |
| Total equity and liabilities | 10/49 | €20,563 | €22,208 | +€1,645 | +8.0% |
| Equity | 10/15 | -€1,710 | €610 | +€2,320 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,291 | €3,291 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,291 | €3,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,601 | -€21,281 | +€2,320 | +9.8% |
| Amounts payable | 17/49 | €22,273 | €21,598 | -€675 | -3.0% |
| Amounts payable within one year | 42/48 | €22,273 | €21,598 | -€675 | -3.0% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Advances received on contracts in progress | 46 | €1,210 | €212 | -€998 | -82.5% |
| Other amounts payable | 47/48 | €21,063 | €20,986 | -€77 | -0.4% |
| Other operating charges | 640/8 | €424 | €446 | +€21 | +5.0% |
| Gross operating margin | 9900 | €577 | €2,790 | +€2,214 | +384% |
| Operating profit (loss) | 9901 | €152 | €2,344 | +€2,192 | +1,442% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €128 | €2,320 | +€2,192 | +1,712% |
| Profit (loss) for the period | 9904 | €128 | €2,320 | +€2,192 | +1,712% |
| Profit (loss) for the period to be appropriated | 9905 | €128 | €2,320 | +€2,192 | +1,712% |
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 16 October 2026 via checked.be.