Notalegis: 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.
Notalegis
Largest movements
- Cash -€9,834
down €9,834 (-18.6%), from €52,745 to €42,911
mainly Contributions, distributions and other (-€13,076) and Investment in fixed assets (net) (-€11,520)
- Receivables within one year -€3,960
down €3,960 (-15.7%), from €25,297 to €21,337
of which Trade receivables: -€3,942
- Tangible fixed assets +€3,530
up €3,530 (+15.7%), from €22,422 to €25,952
of which Plant, machinery and equipment: +€8,613
- Reserves -€12,218
down €12,218 (-14.8%), from €82,589 to €70,371
- Tax, wage and social debts +€3,200
up €3,200 (+42.1%), from €7,609 to €10,809
- Trade debts -€1,414
down €1,414 (-22.8%), from €6,204 to €4,790
- Gross operating margin -€1,702
down €1,702 (-11.2%), from €15,133 to €13,431
- Depreciation +€1,026
up €1,026 (+14.7%), from €6,964 to €7,990
- Taxes +€692
up €692 (+26.7%), from €2,595 to €3,287
- Financial charges +€401
up €401 (+8,020%), from €5 to €406
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 | €100,464 | €90,200 | -€10,264 | -10.2% |
| Fixed assets | 21/28 | €22,422 | €25,952 | +€3,530 | +15.7% |
| Tangible fixed assets | 22/27 | €22,422 | €25,952 | +€3,530 | +15.7% |
| Plant, machinery and equipment | 23 | €5,479 | €14,092 | +€8,613 | +157% |
| Furniture and vehicles | 24 | €16,943 | €11,860 | -€5,083 | -30.0% |
| Current assets | 29/58 | €78,042 | €64,248 | -€13,794 | -17.7% |
| Amounts receivable within one year | 40/41 | €25,297 | €21,337 | -€3,960 | -15.7% |
| Trade receivables | 40 | €20,356 | €16,414 | -€3,942 | -19.4% |
| Other amounts receivable | 41 | €4,941 | €4,923 | -€18 | -0.4% |
| Cash at bank and in hand | 54/58 | €52,745 | €42,911 | -€9,834 | -18.6% |
| Total equity and liabilities | 10/49 | €100,464 | €90,200 | -€10,264 | -10.2% |
| Equity | 10/15 | €86,589 | €74,371 | -€12,218 | -14.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €82,589 | €70,371 | -€12,218 | -14.8% |
| Distributable reserves | 133 | €82,589 | €70,371 | -€12,218 | -14.8% |
| Amounts payable | 17/49 | €13,875 | €15,829 | +€1,954 | +14.1% |
| Amounts payable within one year | 42/48 | €13,875 | €15,829 | +€1,954 | +14.1% |
| Trade debts | 44 | €6,204 | €4,790 | -€1,414 | -22.8% |
| Suppliers | 440/4 | €6,204 | €4,790 | -€1,414 | -22.8% |
| Taxes, remuneration and social security | 45 | €7,609 | €10,809 | +€3,200 | +42.1% |
| Taxes | 450/3 | €7,609 | €10,809 | +€3,200 | +42.1% |
| Other amounts payable | 47/48 | €62 | €230 | +€168 | +271% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,964 | €7,990 | +€1,026 | +14.7% |
| Other operating charges | 640/8 | €1,041 | €890 | -€151 | -14.5% |
| Gross operating margin | 9900 | €15,133 | €13,431 | -€1,702 | -11.2% |
| Operating profit (loss) | 9901 | €7,128 | €4,551 | -€2,577 | -36.2% |
| Financial charges | 65/66B | €5 | €406 | +€401 | +8,020% |
| Recurring financial charges | 65 | €5 | €406 | +€401 | +8,020% |
| Profit (loss) for the period before taxes | 9903 | €7,123 | €4,145 | -€2,978 | -41.8% |
| Income taxes | 67/77 | €2,595 | €3,287 | +€692 | +26.7% |
| Profit (loss) for the period | 9904 | €4,528 | €858 | -€3,670 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,528 | €858 | -€3,670 | -81.1% |
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.