NOTALIMMO: 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.
NOTALIMMO
Largest movements
- Cash -€11.5m
down €11.5m (-96.8%), from €11.8m to €374,710
mainly Trade debts (-€8.6m) and Other debts (-€2.0m)
- Intangible fixed assets -€2.5m
no longer reported in 2024 (was €2.5m)
- Receivables within one year +€613,392
up €613,392 (+112%), from €546,996 to €1.2m
of which Other amounts receivable: +€985,633
- Tangible fixed assets -€193,931
down €193,931 (-7.2%), from €2.7m to €2.5m
- Trade debts -€8.6m
down €8.6m (-92.2%), from €9.3m to €720,740
- Other debts -€2.0m
down €2.0m (-95.2%), from €2.1m to €98,736
- Debts after one year -€1.5m
down €1.5m (-35.1%), from €4.2m to €2.8m
- Tax, wage and social debts -€1.2m
down €1.2m (-96.0%), from €1.3m to €51,435
of which Remuneration and social security: -€1.2m
- Current portion of long-term debt -€353,049
down €353,049 (-56.1%), from €629,809 to €276,760
- Gross operating margin -€4.2m
down €4.2m (-95.5%), from €4.3m to €193,785
- Staff costs -€1.4m
no longer reported in 2024 (was €1.4m)
- Depreciation -€637,786
down €637,786 (-87.2%), from €731,753 to €93,968
From the 31-03-2024 result to the 31-12-2024 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.
Derived cash bridge
Derived from the 31-03-2024 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2024 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,578,251 | €4,044,196 | -€13.5m | -77.0% |
| Fixed assets | 21/28 | €5,159,198 | €2,509,097 | -€2.7m | -51.4% |
| Intangible fixed assets | 21 | €2,456,170 | - | -€2.5m | |
| Tangible fixed assets | 22/27 | €2,703,028 | €2,509,097 | -€193,931 | -7.2% |
| Land and buildings | 22 | €2,603,064 | €2,509,097 | -€93,968 | -3.6% |
| Plant, machinery and equipment | 23 | €12,985 | - | -€12,985 | |
| Furniture and vehicles | 24 | €57,632 | - | -€57,632 | |
| Other tangible fixed assets | 26 | €29,347 | - | -€29,347 | |
| Current assets | 29/58 | €12,419,053 | €1,535,099 | -€10.9m | -87.6% |
| Amounts receivable within one year | 40/41 | €546,996 | €1,160,389 | +€613,392 | +112% |
| Trade receivables | 40 | €385,526 | €13,286 | -€372,240 | -96.6% |
| Other amounts receivable | 41 | €161,470 | €1,147,103 | +€985,633 | +610% |
| Cash at bank and in hand | 54/58 | €11,834,639 | €374,710 | -€11.5m | -96.8% |
| Deferred charges and accrued income | 490/1 | €37,417 | - | -€37,417 | |
| Total equity and liabilities | 10/49 | €17,578,251 | €4,044,196 | -€13.5m | -77.0% |
| Equity | 10/15 | €74,101 | €136,826 | +€62,725 | +84.6% |
| Contributions | 10/11 | €18,600 | €18,349 | -€251 | -1.3% |
| Reserves | 13 | - | €63,300 | +€63,300 | |
| Distributable reserves | 133 | - | €63,300 | +€63,300 | |
| Profit (loss) carried forward | 14 | €55,501 | €55,177 | -€324 | -0.6% |
| Amounts payable | 17/49 | €17,504,150 | €3,907,370 | -€13.6m | -77.7% |
| Amounts payable after more than one year | 17 | €4,249,083 | €2,759,699 | -€1.5m | -35.1% |
| Financial debts | 170/4 | €4,249,083 | €2,759,699 | -€1.5m | -35.1% |
| Amounts payable within one year | 42/48 | €13,255,067 | €1,147,671 | -€12.1m | -91.3% |
| Current portion of amounts payable after more than one year | 42 | €629,809 | €276,760 | -€353,049 | -56.1% |
| Trade debts | 44 | €9,274,820 | €720,740 | -€8.6m | -92.2% |
| Suppliers | 440/4 | €9,274,820 | €720,740 | -€8.6m | -92.2% |
| Taxes, remuneration and social security | 45 | €1,300,437 | €51,435 | -€1.2m | -96.0% |
| Taxes | 450/3 | €100,266 | €48,844 | -€51,421 | -51.3% |
| Remuneration and social security | 454/9 | €1,200,171 | €2,590 | -€1.2m | -99.8% |
| Other amounts payable | 47/48 | €2,050,000 | €98,736 | -€2.0m | -95.2% |
| Remuneration, social security and pensions | 62 | €1,440,850 | - | -€1.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €731,753 | €93,968 | -€637,786 | -87.2% |
| Other operating charges | 640/8 | €10,414 | €968 | -€9,447 | -90.7% |
| Non-recurring operating charges | 66A | - | €2,585 | +€2,585 | |
| Gross operating margin | 9900 | €4,345,550 | €193,785 | -€4.2m | -95.5% |
| Operating profit (loss) | 9901 | €2,162,532 | €96,265 | -€2.1m | -95.5% |
| Financial income | 75/76B | €12,769 | €5,207 | -€7,562 | -59.2% |
| Recurring financial income | 75 | €12,769 | €5,207 | -€7,562 | -59.2% |
| Financial charges | 65/66B | €41,233 | €22,340 | -€18,893 | -45.8% |
| Recurring financial charges | 65 | €41,233 | €22,340 | -€18,893 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €2,134,068 | €79,132 | -€2.1m | -96.3% |
| Income taxes | 67/77 | €45,691 | €15,406 | -€30,285 | -66.3% |
| Profit (loss) for the period | 9904 | €2,088,377 | €63,725 | -€2.0m | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,088,377 | €63,725 | -€2.0m | -96.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.