NORIM: 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.
NORIM
Largest movements
- Receivables within one year +€322,656
up €322,656 (+830%), from €38,866 to €361,522
of which Trade receivables: +€329,301
- Deferred charges and accrued income -€16,562
down €16,562 (-95.5%), from €17,340 to €778
- Trade debts +€275,157
up €275,157 (+590%), from €46,673 to €321,830
- Profit (loss) carried forward +€24,030
up €24,030 (+113%), from €21,279 to €45,308
- Tax, wage and social debts +€5,751
up €5,751 (+80.1%), from €7,182 to €12,932
of which Taxes: +€5,953
- Turnover +€529,076
up €529,076 (+94.8%), from €558,209 to €1.1m
- Purchases and services +€510,819
up €510,819 (+93.6%), from €545,820 to €1.1m
- Gross operating margin +€18,257
up €18,257 (+147%), from €12,389 to €30,647
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 | €80,133 | €385,071 | +€304,938 | +381% |
| Fixed assets | 21/28 | €11,995 | €11,317 | -€678 | -5.7% |
| Tangible fixed assets | 22/27 | €2,995 | €2,317 | -€678 | -22.6% |
| Furniture and vehicles | 24 | €2,995 | €2,317 | -€678 | -22.6% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €68,138 | €373,754 | +€305,616 | +449% |
| Amounts receivable within one year | 40/41 | €38,866 | €361,522 | +€322,656 | +830% |
| Trade receivables | 40 | €32,221 | €361,522 | +€329,301 | +1,022% |
| Other amounts receivable | 41 | €6,644 | €0 | -€6,644 | -100% |
| Cash at bank and in hand | 54/58 | €11,932 | €11,454 | -€478 | -4.0% |
| Deferred charges and accrued income | 490/1 | €17,340 | €778 | -€16,562 | -95.5% |
| Total equity and liabilities | 10/49 | €80,133 | €385,071 | +€304,938 | +381% |
| Equity | 10/15 | €26,279 | €50,308 | +€24,030 | +91.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,279 | €45,308 | +€24,030 | +113% |
| Amounts payable | 17/49 | €53,854 | €334,762 | +€280,908 | +522% |
| Amounts payable within one year | 42/48 | €53,854 | €334,762 | +€280,908 | +522% |
| Trade debts | 44 | €46,673 | €321,830 | +€275,157 | +590% |
| Suppliers | 440/4 | €46,673 | €321,830 | +€275,157 | +590% |
| Taxes, remuneration and social security | 45 | €7,182 | €12,932 | +€5,751 | +80.1% |
| Taxes | 450/3 | €2,980 | €8,932 | +€5,953 | +200% |
| Remuneration and social security | 454/9 | €4,202 | €4,000 | -€202 | -4.8% |
| Turnover | 70 | €558,209 | €1,087,285 | +€529,076 | +94.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €545,820 | €1,056,638 | +€510,819 | +93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €678 | +€283 | +71.4% |
| Gross operating margin | 9900 | €12,389 | €30,647 | +€18,257 | +147% |
| Operating profit (loss) | 9901 | €11,994 | €29,968 | +€17,975 | +150% |
| Financial income | 75/76B | €157 | €201 | +€44 | +27.9% |
| Recurring financial income | 75 | €157 | €180 | +€23 | +14.4% |
| Non-recurring financial income | 76B | - | €21 | +€21 | |
| Financial charges | 65/66B | €156 | €132 | -€24 | -15.3% |
| Recurring financial charges | 65 | €156 | €132 | -€24 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €11,995 | €30,037 | +€18,042 | +150% |
| Income taxes | 67/77 | €2,405 | €6,007 | +€3,602 | +150% |
| Profit (loss) for the period | 9904 | €9,590 | €24,030 | +€14,440 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €9,590 | €24,030 | +€14,440 | +151% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.