NORLU solutions: what changed
Two fiscal 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.
NORLU solutions
Largest movements
- Tangible fixed assets -€7,813
down €7,813 (-53.9%), from €14,502 to €6,689
- Receivables within one year +€6,089
up €6,089 (+140.4%), from €4,337 to €10,426
of which Trade receivables: +€6,050
- Cash +€4,088
up €4,088 (+164.2%), from €2,489 to €6,577
mainly Depreciation (+€6,975) and Tax, wage and social debts (+€1,301)
- Deferred charges and accrued income -€718
down €718 (-15.5%), from €4,634 to €3,916
- Tax, wage and social debts +€1,301
up €1,301 (+170.6%), from €763 to €2,064
- Other debts +€942
up €942 (+4.3%), from €21,729 to €22,671
- Trade debts -€804
down €804 (-71.4%), from €1,126 to €322
- Gross operating margin +€4,949
up €4,949 (+82.7%), from €5,987 to €10,936
- Financial charges +€1,547
up €1,547 (+393.5%), from €393 to €1,940
- Taxes +€482
up €482 (+78.4%), from €615 to €1,098
- Other operating charges -€157
down €157 (-18.0%), from €873 to €716
- Depreciation +€112
up €112 (+1.6%), from €6,863 to €6,975
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 | €25,961 | €27,608 | +€1,647 | +6.3% |
| Fixed assets | 21/28 | €14,502 | €6,689 | -€7,813 | -53.9% |
| Tangible fixed assets | 22/27 | €14,502 | €6,689 | -€7,813 | -53.9% |
| Furniture and vehicles | 24 | €14,502 | €6,689 | -€7,813 | -53.9% |
| Current assets | 29/58 | €11,460 | €20,919 | +€9,459 | +82.5% |
| Amounts receivable within one year | 40/41 | €4,337 | €10,426 | +€6,089 | +140.4% |
| Trade receivables | 40 | €4,199 | €10,250 | +€6,050 | +144.1% |
| Other amounts receivable | 41 | €137 | €176 | +€39 | +28.2% |
| Cash at bank and in hand | 54/58 | €2,489 | €6,577 | +€4,088 | +164.2% |
| Deferred charges and accrued income | 490/1 | €4,634 | €3,916 | -€718 | -15.5% |
| Total equity and liabilities | 10/49 | €25,961 | €27,608 | +€1,647 | +6.3% |
| Equity | 10/15 | €2,343 | €2,551 | +€208 | +8.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,657 | -€2,449 | +€208 | +7.8% |
| Amounts payable | 17/49 | €23,618 | €25,057 | +€1,439 | +6.1% |
| Amounts payable within one year | 42/48 | €23,618 | €25,057 | +€1,439 | +6.1% |
| Trade debts | 44 | €1,126 | €322 | -€804 | -71.4% |
| Suppliers | 440/4 | €1,126 | €322 | -€804 | -71.4% |
| Taxes, remuneration and social security | 45 | €763 | €2,064 | +€1,301 | +170.6% |
| Taxes | 450/3 | €763 | €2,064 | +€1,301 | +170.6% |
| Other amounts payable | 47/48 | €21,729 | €22,671 | +€942 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,863 | €6,975 | +€112 | +1.6% |
| Other operating charges | 640/8 | €873 | €716 | -€157 | -18.0% |
| Gross operating margin | 9900 | €5,987 | €10,936 | +€4,949 | +82.7% |
| Operating profit (loss) | 9901 | -€1,749 | €3,245 | +€4,994 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.0% |
| Financial charges | 65/66B | €393 | €1,940 | +€1,547 | +393.5% |
| Recurring financial charges | 65 | €393 | €1,940 | +€1,547 | +393.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,139 | €1,305 | +€3,445 | |
| Income taxes | 67/77 | €615 | €1,098 | +€482 | +78.4% |
| Profit (loss) for the period | 9904 | -€2,754 | €208 | +€2,962 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,754 | €208 | +€2,962 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.