NOTARISAPPEL: 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.
NOTARISAPPEL
Largest movements
- Current investments +€200,000
up €200,000 (+40.0%), from €500,000 to €700,000
- Cash -€181,201
down €181,201 (-74.5%), from €243,142 to €61,941
mainly Current investments (-€200,000) and Deferred charges and accrued income (-€4,242)
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€9,832
up €9,832 (+440%), from €2,233 to €12,065
- Gross operating margin +€4,765
up €4,765 (+34.2%), from €13,923 to €18,688
- Other operating charges -€1,387
down €1,387 (-25.0%), from €5,539 to €4,152
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 | €2,628,013 | €2,636,086 | +€8,073 | +0.3% |
| Fixed assets | 21/28 | €1,883,899 | €1,866,997 | -€16,903 | -0.9% |
| Tangible fixed assets | 22/27 | €1,349,210 | €1,332,308 | -€16,903 | -1.3% |
| Land and buildings | 22 | €1,349,210 | €1,332,308 | -€16,903 | -1.3% |
| Financial fixed assets | 28 | €534,689 | €534,689 | = | 0.0% |
| Current assets | 29/58 | €744,114 | €769,090 | +€24,976 | +3.4% |
| Amounts receivable within one year | 40/41 | €335 | €2,270 | +€1,935 | +578% |
| Other amounts receivable | 41 | €335 | €2,270 | +€1,935 | +578% |
| Current investments | 50/53 | €500,000 | €700,000 | +€200,000 | +40.0% |
| Cash at bank and in hand | 54/58 | €243,142 | €61,941 | -€181,201 | -74.5% |
| Deferred charges and accrued income | 490/1 | €637 | €4,879 | +€4,242 | +666% |
| Total equity and liabilities | 10/49 | €2,628,013 | €2,636,086 | +€8,073 | +0.3% |
| Equity | 10/15 | €2,561,880 | €2,571,591 | +€9,710 | +0.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,531,880 | €2,541,591 | +€9,710 | +0.4% |
| Tax-exempt reserves | 132 | €99,860 | €94,949 | -€4,911 | -4.9% |
| Distributable reserves | 133 | €2,432,020 | €2,446,642 | +€14,622 | +0.6% |
| Provisions and deferred taxes | 16 | €33,287 | €31,650 | -€1,637 | -4.9% |
| Deferred taxes | 168 | €33,287 | €31,650 | -€1,637 | -4.9% |
| Amounts payable | 17/49 | €32,846 | €32,846 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,846 | €32,846 | = | 0.0% |
| Trade debts | 44 | €32,846 | €32,846 | = | 0.0% |
| Suppliers | 440/4 | €32,846 | €32,846 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,648 | €18,480 | -€168 | -0.9% |
| Other operating charges | 640/8 | €5,539 | €4,152 | -€1,387 | -25.0% |
| Gross operating margin | 9900 | €13,923 | €18,688 | +€4,765 | +34.2% |
| Operating profit (loss) | 9901 | -€10,265 | -€3,944 | +€6,321 | +61.6% |
| Financial income | 75/76B | €2,233 | €12,065 | +€9,832 | +440% |
| Recurring financial income | 75 | €2,233 | €12,065 | +€9,832 | +440% |
| Financial charges | 65/66B | €42 | €48 | +€6 | +13.1% |
| Recurring financial charges | 65 | €42 | €48 | +€6 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,073 | €8,073 | +€16,147 | |
| Transfer from deferred taxes | 780 | €1,637 | €1,637 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€6,436 | €9,710 | +€16,147 | |
| Transfer from tax-exempt reserves | 789 | €4,911 | €4,911 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,525 | €14,622 | +€16,147 |
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 14 October 2026 via checked.be.