NORLAND: what changed
What changed
NORLAND
NACE 20.150, Manufacture of chemicals and chemical products
filed annual accounts (NBB)
Net result for the year
-€129,563
31-12-2024 · -€374,167+€244,604
Equity
€3.6m
31-12-2024 · €3.7m-€129,563
Cash
€45,244
31-12-2024 · €227,126-€181,881
Balance sheet total
€5.5m
31-12-2024 · €4.8m+€684,175
Largest movements
Assets
- Stocks and contracts +€812,766
up €812,766 (+33.3%), from €2.4m to €3.3m
- Cash -€181,881
down €181,881 (-80.1%), from €227,126 to €45,244
mainly Stocks and contracts (-€812,766) and Investment in fixed assets (net) (-€452,091)
Equity and liabilities
- Trade debts +€960,114
up €960,114 (+106%), from €906,602 to €1.9m
- Profit (loss) carried forward -€129,563
down €129,563 (-7.1%), from €1.8m to €1.7m
- Other debts -€124,320
down €124,320 (-86.5%), from €143,702 to €19,382
Income statement
- Goods and materials +€505,487
up €505,487 (+8.1%), from €6.2m to €6.7m
of which Purchases: +€285,468
- Turnover +€500,168
up €500,168 (+5.9%), from €8.5m to €9.0m
- Services and other goods +€191,762
up €191,762 (+10.5%), from €1.8m to €2.0m
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 31-12-2024
-€374,167
Turnover
+€500,168
Other operating income
+€53,907
Goods and materials
-€505,487
Services and other goods
-€191,762
Staff costs
+€457
Depreciation
-€29,314
Provisions
+€30,000
Other operating charges
+€2,908
Other operating items
+€458,417
Financial income
-€63,436
Financial charges
-€9,875
Taxes
-€1,379
Result 31-12-2025
-€129,563
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€270,210
Investment
-€452,091
Financing
€0
Cash 31-12-2024
€227,126
From operations (derived)
+€270,210
Net result for the year
-€129,563
Depreciation
+€444,594
Stocks and contracts
-€812,766
Receivables within one year
-€46,498
Deferred charges and accrued income
+€705
Provisions
-€15,000
Trade debts
+€960,114
Tax, wage and social debts
-€11,557
Other debts
-€124,320
Accrued charges and deferred income
+€4,500
Investment (derived)
-€452,091
Investment in fixed assets (net)
-€452,091
Cash 31-12-2025
€45,244
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,846,361 | €5,530,537 | +€684,175 | +14.1% |
| Fixed assets | 21/28 | €1,800,036 | €1,807,533 | +€7,497 | +0.4% |
| Tangible fixed assets | 22/27 | €1,799,175 | €1,806,672 | +€7,497 | +0.4% |
| Land and buildings | 22 | €204,188 | €316,126 | +€111,938 | +54.8% |
| Plant, machinery and equipment | 23 | €1,305,513 | €1,159,237 | -€146,276 | -11.2% |
| Furniture and vehicles | 24 | €32,360 | €229,298 | +€196,938 | +609% |
| Assets under construction and advance payments | 27 | €257,114 | €102,011 | -€155,103 | -60.3% |
| Financial fixed assets | 28 | €861 | €861 | = | 0.0% |
| Other financial fixed assets | 284/8 | €861 | €861 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €861 | €861 | = | 0.0% |
| Current assets | 29/58 | €3,046,325 | €3,723,003 | +€676,678 | +22.2% |
| Stocks and contracts in progress | 3 | €2,441,186 | €3,253,952 | +€812,766 | +33.3% |
| Stocks | 30/36 | €2,441,186 | €3,253,952 | +€812,766 | +33.3% |
| Raw materials and consumables | 30/31 | €948,754 | €946,733 | -€2,021 | -0.2% |
| Finished goods | 33 | €1,492,432 | €2,307,219 | +€814,787 | +54.6% |
| Amounts receivable within one year | 40/41 | €375,998 | €422,497 | +€46,498 | +12.4% |
| Trade receivables | 40 | €170,925 | €190,329 | +€19,403 | +11.4% |
| Other amounts receivable | 41 | €205,073 | €232,168 | +€27,095 | +13.2% |
| Cash at bank and in hand | 54/58 | €227,126 | €45,244 | -€181,881 | -80.1% |
| Deferred charges and accrued income | 490/1 | €2,015 | €1,310 | -€705 | -35.0% |
| Total equity and liabilities | 10/49 | €4,846,361 | €5,530,537 | +€684,175 | +14.1% |
| Equity | 10/15 | €3,699,994 | €3,570,431 | -€129,563 | -3.5% |
| Contributions | 10/11 | €1,715,787 | €1,715,787 | = | 0.0% |
| Capital | 10 | €1,220,000 | €1,220,000 | = | 0.0% |
| Issued capital | 100 | €1,220,000 | €1,220,000 | = | 0.0% |
| Contributions outside capital | 11 | €495,787 | €495,787 | = | 0.0% |
| Share premium | 1100/10 | €495,787 | €495,787 | = | 0.0% |
| Reserves | 13 | €151,309 | €151,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €122,000 | €122,000 | = | 0.0% |
| Legal reserve | 130 | €122,000 | €122,000 | = | 0.0% |
| Distributable reserves | 133 | €29,309 | €29,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,832,898 | €1,703,335 | -€129,563 | -7.1% |
| Provisions and deferred taxes | 16 | €15,000 | - | -€15,000 | |
| Provisions for liabilities and charges | 160/5 | €15,000 | - | -€15,000 | |
| Other liabilities and charges | 164/5 | €15,000 | - | -€15,000 | |
| Amounts payable | 17/49 | €1,131,368 | €1,960,106 | +€828,738 | +73.3% |
| Amounts payable within one year | 42/48 | €1,131,368 | €1,955,606 | +€824,238 | +72.9% |
| Trade debts | 44 | €906,602 | €1,866,716 | +€960,114 | +106% |
| Suppliers | 440/4 | €906,602 | €1,866,716 | +€960,114 | +106% |
| Taxes, remuneration and social security | 45 | €81,064 | €69,508 | -€11,557 | -14.3% |
| Remuneration and social security | 454/9 | €81,064 | €69,508 | -€11,557 | -14.3% |
| Other amounts payable | 47/48 | €143,702 | €19,382 | -€124,320 | -86.5% |
| Accrued charges and deferred income | 492/3 | - | €4,500 | +€4,500 | |
| Operating income | 70/76A | €8,837,322 | €9,849,814 | +€1.0m | +11.5% |
| Turnover | 70 | €8,454,803 | €8,954,971 | +€500,168 | +5.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €378,871 | €814,787 | +€435,917 | +115% |
| Other operating income | 74 | €3,649 | €57,556 | +€53,907 | +1,477% |
| Non-recurring operating income | 76A | - | €22,500 | +€22,500 | |
| Operating charges | 60/66A | €9,264,201 | €9,957,399 | +€693,198 | +7.5% |
| Goods for resale, raw materials and consumables | 60 | €6,203,904 | €6,709,391 | +€505,487 | +8.1% |
| Purchases | 600/8 | €6,421,902 | €6,707,370 | +€285,468 | +4.4% |
| Change in stocks: decrease (increase) | 609 | -€217,998 | €2,021 | +€220,019 | |
| Services and other goods | 61 | €1,831,120 | €2,022,882 | +€191,762 | +10.5% |
| Remuneration, social security and pensions | 62 | €770,345 | €769,887 | -€457 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415,280 | €444,594 | +€29,314 | +7.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €15,000 | -€15,000 | -€30,000 | |
| Other operating charges | 640/8 | €28,552 | €25,644 | -€2,908 | -10.2% |
| Operating profit (loss) | 9901 | -€426,879 | -€107,585 | +€319,294 | +74.8% |
| Financial income | 75/76B | €63,437 | €1 | -€63,436 | -100.0% |
| Recurring financial income | 75 | €63,437 | €1 | -€63,436 | -100.0% |
| Income from current assets | 751 | €63,437 | - | -€63,437 | |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €12,124 | €21,999 | +€9,875 | +81.4% |
| Recurring financial charges | 65 | €12,124 | €21,999 | +€9,875 | +81.4% |
| Debt charges | 650 | - | €7,935 | +€7,935 | |
| Other financial charges | 652/9 | €12,124 | €14,064 | +€1,940 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | -€375,566 | -€129,583 | +€245,983 | +65.5% |
| Income taxes | 67/77 | -€1,399 | -€20 | +€1,379 | +98.6% |
| Taxes | 670/3 | €200 | - | -€200 | |
| Tax adjustments and reversals of tax provisions | 77 | €1,599 | €20 | -€1,579 | -98.7% |
| Profit (loss) for the period | 9904 | -€374,167 | -€129,563 | +€244,604 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€374,167 | -€129,563 | +€244,604 | +65.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.