Northon Services: 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.
Northon Services
Largest movements
- Receivables within one year +€20,411
up €20,411 (+20,450%), from €100 to €20,511
of which Trade receivables: +€14,731
- Cash +€2,280
up €2,280 (+19.7%), from €11,555 to €13,835
mainly Trade debts (+€17,941) and Net result for the year (+€6,304)
- Trade debts +€17,941
up €17,941 (+1,728%), from €1,038 to €18,980
- Profit (loss) carried forward +€6,304
up €6,304 (+90.8%), from -€6,943 to -€639
- Tax, wage and social debts -€1,832
down €1,832 (-70.4%), from €2,601 to €769
- Gross operating margin -€6,218
down €6,218 (-44.3%), from €14,052 to €7,834
- Depreciation -€1,050
no longer reported in 2025 (was €1,050)
- Financial charges +€529
up €529 (+154%), from €343 to €872
- Other operating charges +€420
up €420 (+106%), from €397 to €817
- Financial income +€160
new in 2025: €160
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.
Derived cash bridge
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 | €11,855 | €34,546 | +€22,691 | +191% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €11,655 | €34,346 | +€22,691 | +195% |
| Amounts receivable within one year | 40/41 | €100 | €20,511 | +€20,411 | +20,450% |
| Trade receivables | 40 | - | €14,731 | +€14,731 | |
| Other amounts receivable | 41 | €100 | €5,780 | +€5,680 | +5,691% |
| Cash at bank and in hand | 54/58 | €11,555 | €13,835 | +€2,280 | +19.7% |
| Total equity and liabilities | 10/49 | €11,855 | €34,546 | +€22,691 | +191% |
| Equity | 10/15 | €8,216 | €14,520 | +€6,304 | +76.7% |
| Contributions | 10/11 | €15,060 | €15,060 | = | 0.0% |
| Reserves | 13 | €99 | €99 | = | 0.0% |
| Non-distributable reserves | 130/1 | €99 | €99 | = | 0.0% |
| Reserves not available under the articles | 1311 | €99 | €99 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,943 | -€639 | +€6,304 | +90.8% |
| Amounts payable | 17/49 | €3,639 | €20,026 | +€16,387 | +450% |
| Amounts payable within one year | 42/48 | €3,639 | €20,026 | +€16,387 | +450% |
| Trade debts | 44 | €1,038 | €18,980 | +€17,941 | +1,728% |
| Suppliers | 440/4 | €1,038 | €18,980 | +€17,941 | +1,728% |
| Taxes, remuneration and social security | 45 | €2,601 | €769 | -€1,832 | -70.4% |
| Taxes | 450/3 | €2,601 | €769 | -€1,832 | -70.4% |
| Other amounts payable | 47/48 | - | €277 | +€277 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | - | -€1,050 | |
| Other operating charges | 640/8 | €397 | €817 | +€420 | +106% |
| Non-recurring operating charges | 66A | €4,959 | - | -€4,959 | |
| Gross operating margin | 9900 | €14,052 | €7,834 | -€6,218 | -44.3% |
| Operating profit (loss) | 9901 | €7,645 | €7,016 | -€629 | -8.2% |
| Financial income | 75/76B | - | €160 | +€160 | |
| Recurring financial income | 75 | - | €160 | +€160 | |
| Financial charges | 65/66B | €343 | €872 | +€529 | +154% |
| Recurring financial charges | 65 | €343 | €872 | +€529 | +154% |
| Profit (loss) for the period before taxes | 9903 | €7,303 | €6,304 | -€999 | -13.7% |
| Profit (loss) for the period | 9904 | €7,303 | €6,304 | -€999 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,303 | €6,304 | -€999 | -13.7% |
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 27 October 2026 via checked.be.