NorthBridge: 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.
NorthBridge
Largest movements
- Cash +€2,939
up €2,939 (+871.4%), from €337 to €3,276
mainly Other debts (+€7,294) and Depreciation (+€4,653)
- Tangible fixed assets -€2,643
down €2,643 (-14.8%), from €17,799 to €15,157
of which Other tangible fixed assets: -€2,307
- Intangible fixed assets -€2,010
down €2,010 (-43.9%), from €4,574 to €2,564
- Receivables within one year +€1,287
up €1,287 (+176.7%), from €728 to €2,016
of which Trade receivables: +€1,482
- Other debts +€7,294
up €7,294 (+9.1%), from €79,741 to €87,035
- Profit (loss) carried forward -€5,939
down €5,939 (-5.0%), from -€119,635 to -€125,574
- Debts after one year -€4,380
down €4,380 (-56.8%), from €7,716 to €3,336
- Trade debts +€1,474
up €1,474 (+44.7%), from €3,301 to €4,776
- Tax, wage and social debts +€1,117
new in 2025: €1,117
- Gross operating margin +€5,535
up €5,535 (+99.0%), from -€5,589 to -€54
- Financial charges +€224
up €224 (+35.2%), from €637 to €861
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 | €25,757 | €25,259 | -€498 | -1.9% |
| Fixed assets | 21/28 | €23,723 | €19,070 | -€4,653 | -19.6% |
| Intangible fixed assets | 21 | €4,574 | €2,564 | -€2,010 | -43.9% |
| Tangible fixed assets | 22/27 | €17,799 | €15,157 | -€2,643 | -14.8% |
| Plant, machinery and equipment | 23 | €262 | €171 | -€90 | -34.5% |
| Furniture and vehicles | 24 | €512 | €267 | -€245 | -47.9% |
| Other tangible fixed assets | 26 | €17,026 | €14,719 | -€2,307 | -13.6% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €2,034 | €6,188 | +€4,155 | +204.3% |
| Stocks and contracts in progress | 3 | €890 | €655 | -€235 | -26.4% |
| Stocks | 30/36 | €890 | €655 | -€235 | -26.4% |
| Amounts receivable within one year | 40/41 | €728 | €2,016 | +€1,287 | +176.7% |
| Trade receivables | 40 | - | €1,482 | +€1,482 | |
| Other amounts receivable | 41 | €728 | €534 | -€195 | -26.7% |
| Cash at bank and in hand | 54/58 | €337 | €3,276 | +€2,939 | +871.4% |
| Deferred charges and accrued income | 490/1 | €77 | €241 | +€164 | +211.4% |
| Total equity and liabilities | 10/49 | €25,757 | €25,259 | -€498 | -1.9% |
| Equity | 10/15 | -€69,635 | -€75,574 | -€5,939 | -8.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,635 | -€125,574 | -€5,939 | -5.0% |
| Amounts payable | 17/49 | €95,392 | €100,833 | +€5,441 | +5.7% |
| Amounts payable after more than one year | 17 | €7,716 | €3,336 | -€4,380 | -56.8% |
| Financial debts | 170/4 | €7,716 | €3,336 | -€4,380 | -56.8% |
| Amounts payable within one year | 42/48 | €87,676 | €97,497 | +€9,821 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €4,303 | €4,380 | +€77 | +1.8% |
| Financial debts | 43 | €30 | €188 | +€158 | +528.1% |
| Credit institutions | 430/8 | €30 | €188 | +€158 | +528.1% |
| Trade debts | 44 | €3,301 | €4,776 | +€1,474 | +44.7% |
| Suppliers | 440/4 | €3,301 | €4,776 | +€1,474 | +44.7% |
| Advances received on contracts in progress | 46 | €300 | - | -€300 | |
| Taxes, remuneration and social security | 45 | - | €1,117 | +€1,117 | |
| Taxes | 450/3 | - | €1,117 | +€1,117 | |
| Other amounts payable | 47/48 | €79,741 | €87,035 | +€7,294 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,653 | €4,653 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€5,589 | -€54 | +€5,535 | +99.0% |
| Operating profit (loss) | 9901 | -€10,629 | -€5,106 | +€5,523 | +52.0% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €637 | €861 | +€224 | +35.2% |
| Recurring financial charges | 65 | €637 | €861 | +€224 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,266 | -€5,939 | +€5,327 | +47.3% |
| Profit (loss) for the period | 9904 | -€11,266 | -€5,939 | +€5,327 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,266 | -€5,939 | +€5,327 | +47.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.