Norm Fabrik: 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.
Norm Fabrik
Largest movements
- Cash -€28,614
down €28,614 (-94.8%), from €30,178 to €1,563
mainly Other debts (-€28,657) and Tax, wage and social debts (-€21,068)
- Receivables within one year +€19,973
up €19,973 (+52.1%), from €38,319 to €58,292
of which Trade receivables: +€16,282
- Deferred charges and accrued income -€1,249
down €1,249 (-7.2%), from €17,345 to €16,097
- Tangible fixed assets -€1,029
down €1,029 (-9.9%), from €10,349 to €9,319
of which Plant, machinery and equipment: -€1,800
- Other debts -€28,657
down €28,657 (-68.4%), from €41,886 to €13,228
- Tax, wage and social debts -€21,068
down €21,068 (-75.1%), from €28,069 to €7,001
- Reserves +€20,746
up €20,746 (+107%), from €19,411 to €40,157
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Advances received +€4,159
new in 2025: €4,159
- Gross operating margin -€11,410
down €11,410 (-17.0%), from €67,085 to €55,675
- Taxes -€2,691
down €2,691 (-18.0%), from €14,992 to €12,301
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 | €96,191 | €85,271 | -€10,919 | -11.4% |
| Fixed assets | 21/28 | €10,349 | €9,319 | -€1,029 | -9.9% |
| Tangible fixed assets | 22/27 | €10,349 | €9,319 | -€1,029 | -9.9% |
| Plant, machinery and equipment | 23 | €8,359 | €6,559 | -€1,800 | -21.5% |
| Furniture and vehicles | 24 | €867 | €1,864 | +€997 | +115% |
| Leasing and similar rights | 25 | €1,123 | €896 | -€226 | -20.2% |
| Current assets | 29/58 | €85,842 | €75,952 | -€9,890 | -11.5% |
| Amounts receivable within one year | 40/41 | €38,319 | €58,292 | +€19,973 | +52.1% |
| Trade receivables | 40 | €37,811 | €54,093 | +€16,282 | +43.1% |
| Other amounts receivable | 41 | €508 | €4,199 | +€3,691 | +727% |
| Cash at bank and in hand | 54/58 | €30,178 | €1,563 | -€28,614 | -94.8% |
| Deferred charges and accrued income | 490/1 | €17,345 | €16,097 | -€1,249 | -7.2% |
| Total equity and liabilities | 10/49 | €96,191 | €85,271 | -€10,919 | -11.4% |
| Equity | 10/15 | €25,611 | €58,757 | +€33,145 | +129% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €19,411 | €40,157 | +€20,746 | +107% |
| Distributable reserves | 133 | €19,411 | €40,157 | +€20,746 | +107% |
| Amounts payable | 17/49 | €70,579 | €26,515 | -€44,065 | -62.4% |
| Amounts payable within one year | 42/48 | €70,579 | €26,515 | -€44,065 | -62.4% |
| Trade debts | 44 | €625 | €2,126 | +€1,501 | +240% |
| Suppliers | 440/4 | €625 | €2,126 | +€1,501 | +240% |
| Advances received on contracts in progress | 46 | - | €4,159 | +€4,159 | |
| Taxes, remuneration and social security | 45 | €28,069 | €7,001 | -€21,068 | -75.1% |
| Taxes | 450/3 | €28,069 | €7,001 | -€21,068 | -75.1% |
| Other amounts payable | 47/48 | €41,886 | €13,228 | -€28,657 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,523 | €2,645 | +€121 | +4.8% |
| Other operating charges | 640/8 | €63 | €370 | +€307 | +487% |
| Gross operating margin | 9900 | €67,085 | €55,675 | -€11,410 | -17.0% |
| Operating profit (loss) | 9901 | €64,498 | €52,660 | -€11,838 | -18.4% |
| Financial income | 75/76B | €1 | €0 | -€0 | -81.7% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -81.7% |
| Financial charges | 65/66B | €386 | €202 | -€183 | -47.5% |
| Recurring financial charges | 65 | €386 | €202 | -€183 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €64,113 | €52,457 | -€11,656 | -18.2% |
| Income taxes | 67/77 | €14,992 | €12,301 | -€2,691 | -18.0% |
| Profit (loss) for the period | 9904 | €49,121 | €40,157 | -€8,964 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,121 | €40,157 | -€8,964 | -18.2% |
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 23 October 2026 via checked.be.