NORPPA: 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.
NORPPA
Largest movements
- Tangible fixed assets -€8,333
down €8,333 (-95.7%), from €8,707 to €374
- Cash -€1,721
down €1,721 (-97.6%), from €1,763 to €42
mainly Net result for the year (-€10,146) and Other debts (-€453)
- Profit (loss) carried forward -€10,146
down €10,146 (-23.1%), from -€43,955 to -€54,101
- Trade debts +€947
up €947 (+150.4%), from €630 to €1,577
- Other debts -€453
down €453 (-1.0%), from €45,156 to €44,704
- Tax, wage and social debts -€402
down €402 (-69.4%), from €579 to €177
- Gross operating margin +€1,921
up €1,921 (+75.3%), from -€2,549 to -€628
- Financial charges -€978
down €978 (-90.0%), from €1,087 to €109
- Depreciation -€126
down €126 (-1.5%), from €8,459 to €8,333
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 | €10,470 | €416 | -€10,054 | -96.0% |
| Fixed assets | 21/28 | €8,707 | €374 | -€8,333 | -95.7% |
| Tangible fixed assets | 22/27 | €8,707 | €374 | -€8,333 | -95.7% |
| Furniture and vehicles | 24 | €8,707 | €374 | -€8,333 | -95.7% |
| Current assets | 29/58 | €1,763 | €42 | -€1,721 | -97.6% |
| Cash at bank and in hand | 54/58 | €1,763 | €42 | -€1,721 | -97.6% |
| Total equity and liabilities | 10/49 | €10,470 | €416 | -€10,054 | -96.0% |
| Equity | 10/15 | -€35,895 | -€46,041 | -€10,146 | -28.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,955 | -€54,101 | -€10,146 | -23.1% |
| Amounts payable | 17/49 | €46,365 | €46,458 | +€93 | +0.2% |
| Amounts payable within one year | 42/48 | €46,365 | €46,458 | +€93 | +0.2% |
| Trade debts | 44 | €630 | €1,577 | +€947 | +150.4% |
| Suppliers | 440/4 | €630 | €1,577 | +€947 | +150.4% |
| Taxes, remuneration and social security | 45 | €579 | €177 | -€402 | -69.4% |
| Taxes | 450/3 | €579 | €177 | -€402 | -69.4% |
| Other amounts payable | 47/48 | €45,156 | €44,704 | -€453 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,459 | €8,333 | -€126 | -1.5% |
| Other operating charges | 640/8 | €920 | €899 | -€22 | -2.4% |
| Gross operating margin | 9900 | -€2,549 | -€628 | +€1,921 | +75.3% |
| Operating profit (loss) | 9901 | -€11,929 | -€9,860 | +€2,069 | +17.3% |
| Financial charges | 65/66B | €1,087 | €109 | -€978 | -90.0% |
| Recurring financial charges | 65 | €1,087 | €109 | -€978 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,016 | -€9,969 | +€3,047 | +23.4% |
| Income taxes | 67/77 | €174 | €177 | +€4 | +2.1% |
| Profit (loss) for the period | 9904 | -€13,190 | -€10,146 | +€3,043 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,190 | -€10,146 | +€3,043 | +23.1% |
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 30 September 2026 via checked.be.