NOTAFI: 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.
NOTAFI
Largest movements
- Cash +€28,424
up €28,424 (+168.3%), from €16,888 to €45,312
mainly Advances received (+€30,000) and Depreciation (+€15,392)
- Tangible fixed assets -€15,393
down €15,393 (-7.1%), from €216,491 to €201,098
- Advances received +€30,000
up €30,000 (+59.8%), from €50,149 to €80,149
- Debts after one year -€25,136
down €25,136 (-26.6%), from €94,428 to €69,292
- Other debts +€8,480
up €8,480 (+9.0%), from €94,538 to €103,018
- Trade debts -€2,601
down €2,601 (-86.3%), from €3,014 to €413
- Gross operating margin -€35,631
down €35,631 (-56.6%), from €63,000 to €27,369
- Financial charges +€1,805
up €1,805 (+22.1%), from €8,171 to €9,976
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 | €239,551 | €252,582 | +€13,031 | +5.4% |
| Fixed assets | 21/28 | €216,491 | €201,098 | -€15,393 | -7.1% |
| Tangible fixed assets | 22/27 | €216,491 | €201,098 | -€15,393 | -7.1% |
| Land and buildings | 22 | €216,491 | €201,098 | -€15,393 | -7.1% |
| Current assets | 29/58 | €23,060 | €51,484 | +€28,424 | +123.3% |
| Amounts receivable within one year | 40/41 | €5,234 | €5,234 | = | 0.0% |
| Trade receivables | 40 | €5,234 | €5,234 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,888 | €45,312 | +€28,424 | +168.3% |
| Deferred charges and accrued income | 490/1 | €938 | €938 | = | 0.0% |
| Total equity and liabilities | 10/49 | €239,551 | €252,582 | +€13,031 | +5.4% |
| Equity | 10/15 | -€32,938 | -€33,348 | -€410 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,538 | -€51,948 | -€410 | -0.8% |
| Amounts payable | 17/49 | €272,489 | €285,930 | +€13,441 | +4.9% |
| Amounts payable after more than one year | 17 | €94,428 | €69,292 | -€25,136 | -26.6% |
| Financial debts | 170/4 | €94,428 | €69,292 | -€25,136 | -26.6% |
| Amounts payable within one year | 42/48 | €172,387 | €208,716 | +€36,329 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €24,686 | €25,136 | +€450 | +1.8% |
| Trade debts | 44 | €3,014 | €413 | -€2,601 | -86.3% |
| Suppliers | 440/4 | €3,014 | €413 | -€2,601 | -86.3% |
| Advances received on contracts in progress | 46 | €50,149 | €80,149 | +€30,000 | +59.8% |
| Other amounts payable | 47/48 | €94,538 | €103,018 | +€8,480 | +9.0% |
| Accrued charges and deferred income | 492/3 | €5,674 | €7,922 | +€2,248 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,392 | €15,392 | = | 0.0% |
| Other operating charges | 640/8 | €2,210 | €2,411 | +€201 | +9.1% |
| Gross operating margin | 9900 | €63,000 | €27,369 | -€35,631 | -56.6% |
| Operating profit (loss) | 9901 | €45,398 | €9,566 | -€35,832 | -78.9% |
| Financial charges | 65/66B | €8,171 | €9,976 | +€1,805 | +22.1% |
| Recurring financial charges | 65 | €8,171 | €9,976 | +€1,805 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €37,227 | -€410 | -€37,637 | |
| Profit (loss) for the period | 9904 | €37,227 | -€410 | -€37,637 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,227 | -€410 | -€37,637 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.