NORMA-TECH: 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.
NORMA-TECH
Largest movements
- Receivables within one year +€63,921
up €63,921 (+596.6%), from €10,715 to €74,636
of which Trade receivables: +€64,042
- Cash -€11,389
down €11,389 (-96.2%), from €11,836 to €447
mainly Receivables within one year (-€63,921) and Tax, wage and social debts (-€15,548)
- Tangible fixed assets +€1,241
new in 2024: €1,241
- Other debts +€55,403
new in 2024: €55,403
- Tax, wage and social debts -€15,548
down €15,548 (-85.7%), from €18,147 to €2,599
of which Remuneration and social security: -€17,529
- Reserves +€9,786
up €9,786 (+2155.1%), from €454 to €10,240
- Trade debts +€5,082
new in 2024: €5,082
- Accrued charges and deferred income -€950
no longer reported in 2024 (was €950)
- Gross operating margin +€12,097
up €12,097 (+1258.2%), from €961 to €13,059
- Taxes +€2,307
up €2,307 (+1784.3%), from €129 to €2,436
- Depreciation +€229
new in 2024: €229
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,551 | €76,324 | +€53,774 | +238.5% |
| Fixed assets | 21/28 | - | €1,241 | +€1,241 | |
| Tangible fixed assets | 22/27 | - | €1,241 | +€1,241 | |
| Plant, machinery and equipment | 23 | - | €1,241 | +€1,241 | |
| Current assets | 29/58 | €22,551 | €75,083 | +€52,532 | +233.0% |
| Amounts receivable within one year | 40/41 | €10,715 | €74,636 | +€63,921 | +596.6% |
| Trade receivables | 40 | €9,316 | €73,357 | +€64,042 | +687.5% |
| Other amounts receivable | 41 | €1,399 | €1,279 | -€121 | -8.6% |
| Cash at bank and in hand | 54/58 | €11,836 | €447 | -€11,389 | -96.2% |
| Total equity and liabilities | 10/49 | €22,551 | €76,324 | +€53,774 | +238.5% |
| Equity | 10/15 | €3,454 | €13,240 | +€9,786 | +283.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €454 | €10,240 | +€9,786 | +2155.1% |
| Distributable reserves | 133 | €454 | €10,240 | +€9,786 | +2155.1% |
| Amounts payable | 17/49 | €19,097 | €63,084 | +€43,988 | +230.3% |
| Amounts payable within one year | 42/48 | €18,147 | €63,084 | +€44,938 | +247.6% |
| Trade debts | 44 | - | €5,082 | +€5,082 | |
| Suppliers | 440/4 | - | €5,082 | +€5,082 | |
| Taxes, remuneration and social security | 45 | €18,147 | €2,599 | -€15,548 | -85.7% |
| Taxes | 450/3 | €617 | €2,599 | +€1,982 | +320.9% |
| Remuneration and social security | 454/9 | €17,529 | - | -€17,529 | |
| Other amounts payable | 47/48 | - | €55,403 | +€55,403 | |
| Accrued charges and deferred income | 492/3 | €950 | - | -€950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €229 | +€229 | |
| Other operating charges | 640/8 | €384 | €462 | +€78 | +20.3% |
| Gross operating margin | 9900 | €961 | €13,059 | +€12,097 | +1258.2% |
| Operating profit (loss) | 9901 | €577 | €12,368 | +€11,791 | +2043.3% |
| Financial income | 75/76B | €41 | - | -€41 | |
| Recurring financial income | 75 | €41 | - | -€41 | |
| Financial charges | 65/66B | €34 | €145 | +€111 | +325.4% |
| Recurring financial charges | 65 | €34 | €145 | +€111 | +325.4% |
| Profit (loss) for the period before taxes | 9903 | €583 | €12,222 | +€11,639 | +1995.1% |
| Income taxes | 67/77 | €129 | €2,436 | +€2,307 | +1784.3% |
| Profit (loss) for the period | 9904 | €454 | €9,786 | +€9,332 | +2055.1% |
| Profit (loss) for the period to be appropriated | 9905 | €454 | €9,786 | +€9,332 | +2055.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.