NOT.A.RISK: 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.
NOT.A.RISK
Largest movements
- Receivables within one year +€52,178
up €52,178 (+237%), from €21,975 to €74,153
of which Other amounts receivable: +€61,190
- Cash -€31,741
down €31,741 (-45.5%), from €69,806 to €38,065
mainly Contributions, distributions and other (-€82,353) and Receivables within one year (-€52,178)
- Receivables after one year -€27,500
down €27,500 (-100%), from €27,500 to €0
- Deferred charges and accrued income +€2,178
new in 2025: €2,178
- Tangible fixed assets +€1,710
up €1,710 (+45.6%), from €3,746 to €5,456
of which Plant, machinery and equipment: +€2,959
- Reserves -€16,259
down €16,259 (-20.9%), from €77,654 to €61,395
- Current portion of long-term debt +€11,728
new in 2025: €11,728
- Tax, wage and social debts +€2,096
up €2,096 (+7.5%), from €27,877 to €29,973
- Gross operating margin +€45,091
up €45,091 (+98.4%), from €45,806 to €90,897
- Taxes +€8,502
up €8,502 (+78.7%), from €10,808 to €19,310
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 | €123,027 | €119,852 | -€3,175 | -2.6% |
| Fixed assets | 21/28 | €3,746 | €5,456 | +€1,710 | +45.6% |
| Tangible fixed assets | 22/27 | €3,746 | €5,456 | +€1,710 | +45.6% |
| Plant, machinery and equipment | 23 | - | €2,959 | +€2,959 | |
| Furniture and vehicles | 24 | €3,746 | €2,497 | -€1,249 | -33.3% |
| Current assets | 29/58 | €119,281 | €114,396 | -€4,885 | -4.1% |
| Amounts receivable after more than one year | 29 | €27,500 | €0 | -€27,500 | -100% |
| Other amounts receivable | 291 | €27,500 | €0 | -€27,500 | -100% |
| Amounts receivable within one year | 40/41 | €21,975 | €74,153 | +€52,178 | +237% |
| Trade receivables | 40 | €21,975 | €12,963 | -€9,012 | -41.0% |
| Other amounts receivable | 41 | €0 | €61,190 | +€61,190 | |
| Cash at bank and in hand | 54/58 | €69,806 | €38,065 | -€31,741 | -45.5% |
| Deferred charges and accrued income | 490/1 | - | €2,178 | +€2,178 | |
| Total equity and liabilities | 10/49 | €123,027 | €119,852 | -€3,175 | -2.6% |
| Equity | 10/15 | €82,654 | €66,395 | -€16,259 | -19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €77,654 | €61,395 | -€16,259 | -20.9% |
| Distributable reserves | 133 | €77,654 | €61,395 | -€16,259 | -20.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,374 | €53,457 | +€13,083 | +32.4% |
| Amounts payable within one year | 42/48 | €40,374 | €53,457 | +€13,083 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | - | €11,728 | +€11,728 | |
| Trade debts | 44 | €11,750 | €11,586 | -€164 | -1.4% |
| Suppliers | 440/4 | €11,750 | €11,586 | -€164 | -1.4% |
| Taxes, remuneration and social security | 45 | €27,877 | €29,973 | +€2,096 | +7.5% |
| Taxes | 450/3 | €27,877 | €29,973 | +€2,096 | +7.5% |
| Other amounts payable | 47/48 | €746 | €169 | -€578 | -77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249 | €1,279 | +€30 | +2.4% |
| Other operating charges | 640/8 | €1,231 | €1,798 | +€567 | +46.1% |
| Gross operating margin | 9900 | €45,806 | €90,897 | +€45,091 | +98.4% |
| Operating profit (loss) | 9901 | €43,327 | €87,821 | +€44,494 | +103% |
| Financial income | 75/76B | €550 | €575 | +€25 | +4.5% |
| Recurring financial income | 75 | €550 | €575 | +€25 | +4.5% |
| Financial charges | 65/66B | €2,980 | €2,991 | +€12 | +0.4% |
| Recurring financial charges | 65 | €2,980 | €2,991 | +€12 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €40,897 | €85,404 | +€44,507 | +109% |
| Income taxes | 67/77 | €10,808 | €19,310 | +€8,502 | +78.7% |
| Profit (loss) for the period | 9904 | €30,089 | €66,094 | +€36,005 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €30,089 | €66,094 | +€36,005 | +120% |
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 15 October 2026 via checked.be.