NORTEX: 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.
NORTEX
Largest movements
- Receivables within one year -€2,597
no longer reported in 2024 (was €2,597)
- Cash +€2,597
up €2,597 (+133.5%), from €1,946 to €4,544
mainly Receivables within one year (+€2,597) and Depreciation (+€820)
- Tangible fixed assets -€820
down €820 (-20.0%), from €4,100 to €3,280
of which Furniture and vehicles: -€4,034
- Profit (loss) carried forward -€820
down €820 (-0.8%), from -€101,562 to -€102,382
- Purchases and services -€56,059
no longer reported in 2024 (was €56,059)
- Turnover -€34,449
down €34,449 (-100.0%), from €34,449 to €0
- Gross operating margin +€21,610
up €21,610, from -€21,610 to €0
- Other operating charges -€409
no longer reported in 2024 (was €409)
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 | €12,388 | €11,569 | -€820 | -6.6% |
| Fixed assets | 21/28 | €4,100 | €3,280 | -€820 | -20.0% |
| Tangible fixed assets | 22/27 | €4,100 | €3,280 | -€820 | -20.0% |
| Plant, machinery and equipment | 23 | €66 | - | -€66 | |
| Furniture and vehicles | 24 | €4,034 | - | -€4,034 | |
| Other tangible fixed assets | 26 | - | €3,280 | +€3,280 | |
| Current assets | 29/58 | €8,289 | €8,289 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,745 | €3,745 | = | 0.0% |
| Stocks | 30/36 | €3,745 | €3,745 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,597 | - | -€2,597 | |
| Other amounts receivable | 41 | €2,597 | - | -€2,597 | |
| Cash at bank and in hand | 54/58 | €1,946 | €4,544 | +€2,597 | +133.5% |
| Total equity and liabilities | 10/49 | €12,388 | €11,569 | -€820 | -6.6% |
| Equity | 10/15 | -€56,941 | -€57,761 | -€820 | -1.4% |
| Contributions | 10/11 | €44,621 | €44,621 | = | 0.0% |
| Capital | 10 | €44,621 | €44,621 | = | 0.0% |
| Issued capital | 100 | €44,621 | €44,621 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,562 | -€102,382 | -€820 | -0.8% |
| Amounts payable | 17/49 | €69,329 | €69,329 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,329 | €69,329 | = | 0.0% |
| Trade debts | 44 | €69,329 | €69,329 | = | 0.0% |
| Suppliers | 440/4 | €69,329 | €69,329 | = | 0.0% |
| Turnover | 70 | €34,449 | €0 | -€34,449 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,059 | - | -€56,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €820 | €820 | -€0 | 0.0% |
| Other operating charges | 640/8 | €409 | - | -€409 | |
| Gross operating margin | 9900 | -€21,610 | €0 | +€21,610 | |
| Operating profit (loss) | 9901 | -€22,840 | -€820 | +€22,020 | +96.4% |
| Financial charges | 65/66B | €266 | - | -€266 | |
| Recurring financial charges | 65 | €266 | - | -€266 | |
| Profit (loss) for the period before taxes | 9903 | -€23,106 | -€820 | +€22,286 | +96.5% |
| Profit (loss) for the period | 9904 | -€23,106 | -€820 | +€22,286 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,106 | -€820 | +€22,286 | +96.5% |
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 28 September 2026 via checked.be.