NORO VIP: 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.
NORO VIP
Largest movements
- Receivables within one year +€3,734
up €3,734 (+13.9%), from €26,798 to €30,532
of which Other amounts receivable: +€3,903
- Deferred charges and accrued income +€3,624
up €3,624 (+338%), from €1,072 to €4,696
- Tangible fixed assets +€3,583
up €3,583 (+26.5%), from €13,520 to €17,104
of which Furniture and vehicles: +€7,231
- Reserves +€8,607
new in 2023: €8,607
- Tax, wage and social debts +€5,021
up €5,021 (+837%), from €600 to €5,621
- Trade debts +€3,539
up €3,539 (+393%), from €901 to €4,440
- Debts after one year -€3,360
down €3,360 (-35.9%), from €9,353 to €5,993
- Accrued charges and deferred income -€2,915
no longer reported in 2023 (was €2,915)
- Taxes +€4,358
new in 2023: €4,358
- Gross operating margin +€2,084
up €2,084 (+10.7%), from €19,527 to €21,611
- Depreciation +€1,769
up €1,769 (+48.5%), from €3,647 to €5,417
- Other operating charges -€1,674
down €1,674 (-33.3%), from €5,027 to €3,352
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,408 | €52,335 | +€10,928 | +26.4% |
| Fixed assets | 21/28 | €13,520 | €17,104 | +€3,583 | +26.5% |
| Tangible fixed assets | 22/27 | €13,520 | €17,104 | +€3,583 | +26.5% |
| Furniture and vehicles | 24 | - | €7,231 | +€7,231 | |
| Leasing and similar rights | 25 | €13,520 | €9,873 | -€3,647 | -27.0% |
| Current assets | 29/58 | €27,888 | €35,232 | +€7,344 | +26.3% |
| Amounts receivable within one year | 40/41 | €26,798 | €30,532 | +€3,734 | +13.9% |
| Trade receivables | 40 | €695 | €526 | -€169 | -24.4% |
| Other amounts receivable | 41 | €26,103 | €30,007 | +€3,903 | +15.0% |
| Cash at bank and in hand | 54/58 | €17 | €3 | -€14 | -82.7% |
| Deferred charges and accrued income | 490/1 | €1,072 | €4,696 | +€3,624 | +338% |
| Total equity and liabilities | 10/49 | €41,408 | €52,335 | +€10,928 | +26.4% |
| Equity | 10/15 | €24,314 | €32,921 | +€8,607 | +35.4% |
| Contributions | 10/11 | €11,220 | €11,220 | = | 0.0% |
| Contributions outside capital | 11 | €11,220 | €11,220 | = | 0.0% |
| Other | 1109/19 | €11,220 | €11,220 | = | 0.0% |
| Reserves | 13 | - | €8,607 | +€8,607 | |
| Distributable reserves | 133 | - | €8,607 | +€8,607 | |
| Profit (loss) carried forward | 14 | €13,094 | €13,094 | = | 0.0% |
| Amounts payable | 17/49 | €17,094 | €19,415 | +€2,321 | +13.6% |
| Amounts payable after more than one year | 17 | €9,353 | €5,993 | -€3,360 | -35.9% |
| Financial debts | 170/4 | €9,353 | €5,993 | -€3,360 | -35.9% |
| Amounts payable within one year | 42/48 | €4,825 | €13,422 | +€8,597 | +178% |
| Current portion of amounts payable after more than one year | 42 | €3,324 | €3,360 | +€36 | +1.1% |
| Trade debts | 44 | €901 | €4,440 | +€3,539 | +393% |
| Suppliers | 440/4 | €901 | €4,440 | +€3,539 | +393% |
| Taxes, remuneration and social security | 45 | €600 | €5,621 | +€5,021 | +837% |
| Taxes | 450/3 | €600 | €5,621 | +€5,021 | +837% |
| Accrued charges and deferred income | 492/3 | €2,915 | - | -€2,915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,647 | €5,417 | +€1,769 | +48.5% |
| Other operating charges | 640/8 | €5,027 | €3,352 | -€1,674 | -33.3% |
| Gross operating margin | 9900 | €19,527 | €21,611 | +€2,084 | +10.7% |
| Operating profit (loss) | 9901 | €10,853 | €12,842 | +€1,989 | +18.3% |
| Financial income | 75/76B | €1,300 | €1,424 | +€124 | +9.6% |
| Recurring financial income | 75 | €1,300 | €1,424 | +€124 | +9.6% |
| Financial charges | 65/66B | €1,397 | €1,302 | -€95 | -6.8% |
| Recurring financial charges | 65 | €1,397 | €1,302 | -€95 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €10,757 | €12,965 | +€2,209 | +20.5% |
| Income taxes | 67/77 | - | €4,358 | +€4,358 | |
| Profit (loss) for the period | 9904 | €10,757 | €8,607 | -€2,150 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,757 | €8,607 | -€2,150 | -20.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.