NORMIO: 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.
NORMIO
Largest movements
- Receivables within one year +€4,931
up €4,931 (+22.2%), from €22,171 to €27,103
of which Other amounts receivable: +€5,890
- Deferred charges and accrued income -€1,364
down €1,364 (-87.5%), from €1,559 to €195
- Cash -€1,186
down €1,186 (-53.6%), from €2,211 to €1,025
mainly Receivables within one year (-€4,931) and Debts after one year (-€1,724)
- Tangible fixed assets +€664
up €664 (+57.2%), from €1,161 to €1,825
of which Plant, machinery and equipment: +€664
- Tax, wage and social debts +€2,865
up €2,865 (+41.9%), from €6,847 to €9,712
of which Taxes: +€2,248
- Profit (loss) carried forward +€1,725
up €1,725 (+18.5%), from €9,318 to €11,043
- Debts after one year -€1,724
down €1,724 (-74.3%), from €2,320 to €595
- Gross operating margin -€22,298
down €22,298 (-81.5%), from €27,356 to €5,059
- Taxes -€1,876
down €1,876 (-71.6%), from €2,620 to €744
- Financial charges -€405
down €405 (-27.2%), from €1,490 to €1,085
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 | €32,102 | €35,148 | +€3,046 | +9.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,161 | €1,825 | +€664 | +57.2% |
| Tangible fixed assets | 22/27 | €1,161 | €1,825 | +€664 | +57.2% |
| Plant, machinery and equipment | 23 | €438 | €1,102 | +€664 | +151.8% |
| Furniture and vehicles | 24 | €724 | €723 | -€0 | 0.0% |
| Current assets | 29/58 | €30,941 | €33,322 | +€2,382 | +7.7% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,171 | €27,103 | +€4,931 | +22.2% |
| Trade receivables | 40 | €13,593 | €12,634 | -€958 | -7.1% |
| Other amounts receivable | 41 | €8,579 | €14,469 | +€5,890 | +68.7% |
| Cash at bank and in hand | 54/58 | €2,211 | €1,025 | -€1,186 | -53.6% |
| Deferred charges and accrued income | 490/1 | €1,559 | €195 | -€1,364 | -87.5% |
| Total equity and liabilities | 10/49 | €32,102 | €35,148 | +€3,046 | +9.5% |
| Equity | 10/15 | €13,318 | €15,043 | +€1,725 | +13.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,318 | €11,043 | +€1,725 | +18.5% |
| Amounts payable | 17/49 | €18,784 | €20,104 | +€1,320 | +7.0% |
| Amounts payable after more than one year | 17 | €2,320 | €595 | -€1,724 | -74.3% |
| Financial debts | 170/4 | €2,320 | €595 | -€1,724 | -74.3% |
| Amounts payable within one year | 42/48 | €16,464 | €19,509 | +€3,045 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €1,636 | €1,724 | +€88 | +5.4% |
| Trade debts | 44 | €7,981 | €8,073 | +€91 | +1.1% |
| Suppliers | 440/4 | €7,981 | €8,073 | +€91 | +1.1% |
| Taxes, remuneration and social security | 45 | €6,847 | €9,712 | +€2,865 | +41.9% |
| Taxes | 450/3 | €5,464 | €7,712 | +€2,248 | +41.1% |
| Remuneration and social security | 454/9 | €1,383 | €2,000 | +€618 | +44.7% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €1,147 | €1,043 | -€104 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €379 | €461 | +€82 | +21.5% |
| Gross operating margin | 9900 | €27,356 | €5,059 | -€22,298 | -81.5% |
| Operating profit (loss) | 9901 | €25,830 | €3,554 | -€22,275 | -86.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,490 | €1,085 | -€405 | -27.2% |
| Recurring financial charges | 65 | €1,490 | €1,085 | -€405 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €24,341 | €2,469 | -€21,872 | -89.9% |
| Income taxes | 67/77 | €2,620 | €744 | -€1,876 | -71.6% |
| Profit (loss) for the period | 9904 | €21,721 | €1,725 | -€19,996 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,721 | €1,725 | -€19,996 | -92.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.