NORTON: 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.
NORTON
Largest movements
- Cash +€966,767
up €966,767 (+55388.2%), from €1,745 to €968,513
mainly Net result for the year (+€899,528) and Investment in fixed assets (net) (+€156,223)
- Tangible fixed assets -€156,223
down €156,223 (-100.0%), from €156,223 to €0
of which Land and buildings: -€156,223
- Reserves +€772,047
up €772,047 (+7531.6%), from €10,251 to €782,297
- Profit (loss) carried forward +€127,481
up €127,481, from -€127,481 to €0
- Other debts -€96,696
down €96,696 (-100.0%), from €96,696 to €0
- Gross operating margin +€1.3m
up €1.3m (+22486.4%), from €5,634 to €1.3m
- Taxes +€364,816
new in 2026: €364,816
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,730 | €970,975 | +€811,246 | +507.9% |
| Fixed assets | 21/28 | €156,242 | €19 | -€156,223 | -100.0% |
| Tangible fixed assets | 22/27 | €156,223 | €0 | -€156,223 | -100.0% |
| Land and buildings | 22 | €156,223 | €0 | -€156,223 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €3,488 | €970,957 | +€967,469 | +27737.1% |
| Amounts receivable within one year | 40/41 | - | €617 | +€617 | |
| Other amounts receivable | 41 | - | €617 | +€617 | |
| Cash at bank and in hand | 54/58 | €1,745 | €968,513 | +€966,767 | +55388.2% |
| Deferred charges and accrued income | 490/1 | €1,743 | €1,828 | +€85 | +4.9% |
| Total equity and liabilities | 10/49 | €159,730 | €970,975 | +€811,246 | +507.9% |
| Equity | 10/15 | €60,014 | €959,541 | +€899,528 | +1498.9% |
| Contributions | 10/11 | €177,244 | €177,244 | = | 0.0% |
| Reserves | 13 | €10,251 | €782,297 | +€772,047 | +7531.6% |
| Distributable reserves | 133 | €10,251 | €782,297 | +€772,047 | +7531.6% |
| Profit (loss) carried forward | 14 | -€127,481 | €0 | +€127,481 | |
| Provisions and deferred taxes | 16 | - | €6,000 | +€6,000 | |
| Provisions for liabilities and charges | 160/5 | - | €6,000 | +€6,000 | |
| Other liabilities and charges | 164/5 | - | €6,000 | +€6,000 | |
| Amounts payable | 17/49 | €99,716 | €5,434 | -€94,282 | -94.6% |
| Amounts payable within one year | 42/48 | €98,396 | €3,998 | -€94,398 | -95.9% |
| Trade debts | 44 | €1,700 | €182 | -€1,517 | -89.3% |
| Suppliers | 440/4 | €1,700 | €182 | -€1,517 | -89.3% |
| Taxes, remuneration and social security | 45 | - | €3,816 | +€3,816 | |
| Taxes | 450/3 | - | €3,816 | +€3,816 | |
| Other amounts payable | 47/48 | €96,696 | €0 | -€96,696 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,320 | €1,436 | +€116 | +8.8% |
| Non-recurring operating income | 76A | - | €1,320,277 | +€1.3m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,853 | €0 | -€3,853 | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,000 | +€6,000 | |
| Other operating charges | 640/8 | €2,043 | €2,094 | +€51 | +2.5% |
| Gross operating margin | 9900 | €5,634 | €1,272,517 | +€1.3m | +22486.4% |
| Operating profit (loss) | 9901 | -€262 | €1,264,423 | +€1.3m | |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €78 | €80 | +€2 | +1.9% |
| Recurring financial charges | 65 | €78 | €80 | +€2 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€339 | €1,264,343 | +€1.3m | |
| Income taxes | 67/77 | - | €364,816 | +€364,816 | |
| Profit (loss) for the period | 9904 | -€339 | €899,528 | +€899,866 | |
| Profit (loss) for the period to be appropriated | 9905 | -€339 | €899,528 | +€899,866 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.