NOTARI'ACT: 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.
NOTARI'ACT
Largest movements
- Receivables within one year +€26,520
up €26,520 (+1490.1%), from €1,780 to €28,300
of which Trade receivables: +€14,520
- Tangible fixed assets -€17,977
down €17,977 (-4.1%), from €433,913 to €415,936
of which Land and buildings: -€12,682
- Cash -€13,298
down €13,298 (-82.3%), from €16,153 to €2,855
mainly Receivables within one year (-€26,520) and Debts after one year (-€20,869)
- Debts after one year -€20,869
down €20,869 (-5.9%), from €356,271 to €335,402
- Profit (loss) carried forward +€9,886
up €9,886 (+20.2%), from -€48,974 to -€39,088
- Tax, wage and social debts -€4,783
down €4,783 (-35.9%), from €13,338 to €8,555
of which Taxes: -€4,783
- Gross operating margin +€4,353
up €4,353 (+12.0%), from €36,192 to €40,546
- Financial charges -€1,084
down €1,084 (-11.7%), from €9,259 to €8,175
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.
Cash bridge derived
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 | €459,704 | €450,097 | -€9,607 | -2.1% |
| Fixed assets | 21/28 | €434,864 | €415,936 | -€18,928 | -4.4% |
| Tangible fixed assets | 22/27 | €433,913 | €415,936 | -€17,977 | -4.1% |
| Land and buildings | 22 | €400,938 | €388,256 | -€12,682 | -3.2% |
| Plant, machinery and equipment | 23 | €32,719 | €27,680 | -€5,039 | -15.4% |
| Other tangible fixed assets | 26 | €256 | - | -€256 | |
| Financial fixed assets | 28 | €951 | - | -€951 | |
| Current assets | 29/58 | €24,840 | €34,161 | +€9,320 | +37.5% |
| Amounts receivable within one year | 40/41 | €1,780 | €28,300 | +€26,520 | +1490.1% |
| Trade receivables | 40 | - | €14,520 | +€14,520 | |
| Other amounts receivable | 41 | €1,780 | €13,780 | +€12,000 | +674.3% |
| Cash at bank and in hand | 54/58 | €16,153 | €2,855 | -€13,298 | -82.3% |
| Deferred charges and accrued income | 490/1 | €6,908 | €3,006 | -€3,902 | -56.5% |
| Total equity and liabilities | 10/49 | €459,704 | €450,097 | -€9,607 | -2.1% |
| Equity | 10/15 | -€30,374 | -€20,488 | +€9,886 | +32.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,974 | -€39,088 | +€9,886 | +20.2% |
| Amounts payable | 17/49 | €490,078 | €470,584 | -€19,493 | -4.0% |
| Amounts payable after more than one year | 17 | €356,271 | €335,402 | -€20,869 | -5.9% |
| Financial debts | 170/4 | €356,271 | €335,402 | -€20,869 | -5.9% |
| Amounts payable within one year | 42/48 | €133,343 | €134,744 | +€1,401 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €22,265 | €22,594 | +€329 | +1.5% |
| Trade debts | 44 | €26,752 | €30,106 | +€3,354 | +12.5% |
| Suppliers | 440/4 | €26,752 | €30,106 | +€3,354 | +12.5% |
| Taxes, remuneration and social security | 45 | €13,338 | €8,555 | -€4,783 | -35.9% |
| Taxes | 450/3 | €11,738 | €6,955 | -€4,783 | -40.7% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €70,988 | €73,488 | +€2,500 | +3.5% |
| Accrued charges and deferred income | 492/3 | €464 | €439 | -€25 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,335 | €17,977 | -€358 | -2.0% |
| Other operating charges | 640/8 | €4,320 | €4,269 | -€51 | -1.2% |
| Gross operating margin | 9900 | €36,192 | €40,546 | +€4,353 | +12.0% |
| Operating profit (loss) | 9901 | €13,537 | €18,300 | +€4,763 | +35.2% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €9,259 | €8,175 | -€1,084 | -11.7% |
| Recurring financial charges | 65 | €9,259 | €8,175 | -€1,084 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €4,279 | €10,135 | +€5,856 | +136.9% |
| Income taxes | 67/77 | €271 | €249 | -€22 | -8.1% |
| Profit (loss) for the period | 9904 | €4,007 | €9,886 | +€5,878 | +146.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,007 | €9,886 | +€5,878 | +146.7% |
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 10 October 2026 via checked.be.