NORON ENGINEERING: 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.
NORON ENGINEERING
Largest movements
- Receivables within one year -€1,810
down €1,810 (-54.6%), from €3,314 to €1,504
of which Trade receivables: -€1,800
- Cash +€219
up €219 (+131.6%), from €167 to €386
mainly Receivables within one year (+€1,810) and Deferred charges and accrued income (+€85)
- Stocks and contracts +€200
up €200 (+7.7%), from €2,600 to €2,801
- Deferred charges and accrued income -€85
no longer reported in 2025 (was €85)
- Profit (loss) carried forward -€1,246
down €1,246 (-2.2%), from -€55,689 to -€56,935
- Tax, wage and social debts -€122
down €122 (-41.3%), from €296 to €174
- Trade debts -€107
down €107 (-28.6%), from €373 to €266
- Gross operating margin +€1,154
up €1,154 (+53.1%), from -€2,174 to -€1,020
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 | €6,274 | €4,799 | -€1,475 | -23.5% |
| Fixed assets | 21/28 | €108 | €108 | = | 0.0% |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €6,166 | €4,691 | -€1,475 | -23.9% |
| Stocks and contracts in progress | 3 | €2,600 | €2,801 | +€200 | +7.7% |
| Stocks | 30/36 | €2,600 | €2,801 | +€200 | +7.7% |
| Amounts receivable within one year | 40/41 | €3,314 | €1,504 | -€1,810 | -54.6% |
| Trade receivables | 40 | €3,305 | €1,504 | -€1,800 | -54.5% |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €167 | €386 | +€219 | +131.6% |
| Deferred charges and accrued income | 490/1 | €85 | - | -€85 | |
| Total equity and liabilities | 10/49 | €6,274 | €4,799 | -€1,475 | -23.5% |
| Equity | 10/15 | -€20,240 | -€21,486 | -€1,246 | -6.2% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €3,223 | €3,223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,223 | €3,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,689 | -€56,935 | -€1,246 | -2.2% |
| Amounts payable | 17/49 | €26,514 | €26,285 | -€229 | -0.9% |
| Amounts payable within one year | 42/48 | €26,514 | €26,285 | -€229 | -0.9% |
| Trade debts | 44 | €373 | €266 | -€107 | -28.6% |
| Suppliers | 440/4 | €373 | €266 | -€107 | -28.6% |
| Taxes, remuneration and social security | 45 | €296 | €174 | -€122 | -41.3% |
| Taxes | 450/3 | €296 | €174 | -€122 | -41.3% |
| Other amounts payable | 47/48 | €25,845 | €25,845 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | -€2,174 | -€1,020 | +€1,154 | +53.1% |
| Operating profit (loss) | 9901 | -€2,238 | -€1,086 | +€1,152 | +51.5% |
| Financial charges | 65/66B | €152 | €160 | +€8 | +5.0% |
| Recurring financial charges | 65 | €152 | €160 | +€8 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,390 | -€1,246 | +€1,145 | +47.9% |
| Profit (loss) for the period | 9904 | -€2,390 | -€1,246 | +€1,145 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,390 | -€1,246 | +€1,145 | +47.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.