NOTARIS TOON BIESEMAN: 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.
NOTARIS TOON BIESEMAN
Largest movements
- Cash -€6.1m
down €6.1m (-74.0%), from €8.3m to €2.2m
mainly Trade debts (-€6.7m) and Tax, wage and social debts (-€507,218)
- Receivables within one year +€156,364
up €156,364 (+17.9%), from €873,966 to €1.0m
of which Other amounts receivable: +€243,451
- Trade debts -€6.7m
down €6.7m (-100.0%), from €6.7m to €29
- Reserves +€1.4m
up €1.4m (+86.9%), from €1.7m to €3.1m
- Tax, wage and social debts -€507,218
down €507,218 (-87.6%), from €578,917 to €71,699
of which Remuneration and social security: -€492,489
- Other debts -€285,282
down €285,282 (-99.1%), from €288,015 to €2,733
- Gross operating margin +€1.3m
up €1.3m (+120%), from €1.1m to €2.3m
- Taxes +€567,467
up €567,467 (+520%), from €109,164 to €676,631
- Staff costs -€444,284
down €444,284 (-66.0%), from €673,405 to €229,121
- Other operating charges -€37,790
down €37,790 (-65.6%), from €57,569 to €19,779
- Depreciation -€25,341
no longer reported in 2025 (was €25,341)
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 | €9,250,099 | €3,191,534 | -€6.1m | -65.5% |
| Fixed assets | 21/28 | €65,957 | - | -€65,957 | |
| Tangible fixed assets | 22/27 | €65,957 | - | -€65,957 | |
| Furniture and vehicles | 24 | €41,129 | - | -€41,129 | |
| Other tangible fixed assets | 26 | €24,828 | - | -€24,828 | |
| Current assets | 29/58 | €9,184,142 | €3,191,534 | -€6.0m | -65.2% |
| Amounts receivable within one year | 40/41 | €873,966 | €1,030,330 | +€156,364 | +17.9% |
| Trade receivables | 40 | €97,674 | €10,587 | -€87,087 | -89.2% |
| Other amounts receivable | 41 | €776,292 | €1,019,743 | +€243,451 | +31.4% |
| Cash at bank and in hand | 54/58 | €8,310,176 | €2,161,204 | -€6.1m | -74.0% |
| Total equity and liabilities | 10/49 | €9,250,099 | €3,191,534 | -€6.1m | -65.5% |
| Equity | 10/15 | €1,679,602 | €3,117,073 | +€1.4m | +85.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,654,602 | €3,092,073 | +€1.4m | +86.9% |
| Distributable reserves | 133 | €1,654,602 | €3,092,073 | +€1.4m | +86.9% |
| Amounts payable | 17/49 | €7,570,497 | €74,461 | -€7.5m | -99.0% |
| Amounts payable after more than one year | 17 | €14,443 | - | -€14,443 | |
| Financial debts | 170/4 | €14,443 | - | -€14,443 | |
| Amounts payable within one year | 42/48 | €7,556,054 | €74,461 | -€7.5m | -99.0% |
| Current portion of amounts payable after more than one year | 42 | €8,516 | - | -€8,516 | |
| Trade debts | 44 | €6,680,606 | €29 | -€6.7m | -100.0% |
| Suppliers | 440/4 | €6,680,606 | €29 | -€6.7m | -100.0% |
| Taxes, remuneration and social security | 45 | €578,917 | €71,699 | -€507,218 | -87.6% |
| Taxes | 450/3 | €86,428 | €71,699 | -€14,729 | -17.0% |
| Remuneration and social security | 454/9 | €492,489 | - | -€492,489 | |
| Other amounts payable | 47/48 | €288,015 | €2,733 | -€285,282 | -99.1% |
| Non-recurring operating income | 76A | - | €1,995,625 | +€2.0m | |
| Remuneration, social security and pensions | 62 | €673,405 | €229,121 | -€444,284 | -66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,341 | - | -€25,341 | |
| Other operating charges | 640/8 | €57,569 | €19,779 | -€37,790 | -65.6% |
| Non-recurring operating charges | 66A | - | €2,644 | +€2,644 | |
| Gross operating margin | 9900 | €1,058,538 | €2,329,657 | +€1.3m | +120% |
| Operating profit (loss) | 9901 | €302,223 | €2,078,113 | +€1.8m | +588% |
| Financial income | 75/76B | €47,790 | €48,287 | +€497 | +1.0% |
| Recurring financial income | 75 | €47,790 | €48,287 | +€497 | +1.0% |
| Financial charges | 65/66B | €4,265 | €8,917 | +€4,652 | +109% |
| Recurring financial charges | 65 | €4,265 | €8,917 | +€4,652 | +109% |
| Profit (loss) for the period before taxes | 9903 | €345,748 | €2,117,483 | +€1.8m | +512% |
| Income taxes | 67/77 | €109,164 | €676,631 | +€567,467 | +520% |
| Profit (loss) for the period | 9904 | €236,584 | €1,440,852 | +€1.2m | +509% |
| Profit (loss) for the period to be appropriated | 9905 | €236,584 | €1,440,852 | +€1.2m | +509% |
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 26 October 2026 via checked.be.