NOTARISSEN KORTENBERG: 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.
NOTARISSEN KORTENBERG
Largest movements
- Cash +€201,731
up €201,731 (+38.2%), from €527,877 to €729,608
mainly Net result for the year (+€350,920) and Depreciation (+€203,733)
- Intangible fixed assets -€190,153
down €190,153 (-12.9%), from €1.5m to €1.3m
- Receivables within one year +€23,172
up €23,172 (+15.9%), from €146,054 to €169,226
of which Other amounts receivable: +€22,432
- Reserves +€250,920
up €250,920 (+169%), from €148,545 to €399,464
- Debts after one year -€186,970
down €186,970 (-14.1%), from €1.3m to €1.1m
- Other debts -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Tax, wage and social debts +€39,779
up €39,779 (+16.3%), from €243,735 to €283,515
of which Taxes: +€28,912
- Gross operating margin +€277,102
up €277,102 (+26.1%), from €1.1m to €1.3m
- Staff costs +€46,257
up €46,257 (+7.7%), from €602,303 to €648,560
- Taxes +€33,580
up €33,580 (+58.9%), from €57,018 to €90,598
- Financial income +€23,100
up €23,100 (+159%), from €14,520 to €37,621
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 | €2,170,930 | €2,221,901 | +€50,971 | +2.3% |
| Fixed assets | 21/28 | €1,491,482 | €1,312,523 | -€178,959 | -12.0% |
| Intangible fixed assets | 21 | €1,473,297 | €1,283,144 | -€190,153 | -12.9% |
| Tangible fixed assets | 22/27 | €17,586 | €28,780 | +€11,194 | +63.7% |
| Furniture and vehicles | 24 | €17,586 | €12,186 | -€5,400 | -30.7% |
| Other tangible fixed assets | 26 | - | €16,594 | +€16,594 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €679,447 | €909,378 | +€229,931 | +33.8% |
| Amounts receivable within one year | 40/41 | €146,054 | €169,226 | +€23,172 | +15.9% |
| Trade receivables | 40 | €107,848 | €108,588 | +€740 | +0.7% |
| Other amounts receivable | 41 | €38,206 | €60,638 | +€22,432 | +58.7% |
| Cash at bank and in hand | 54/58 | €527,877 | €729,608 | +€201,731 | +38.2% |
| Deferred charges and accrued income | 490/1 | €5,515 | €10,543 | +€5,028 | +91.2% |
| Total equity and liabilities | 10/49 | €2,170,930 | €2,221,901 | +€50,971 | +2.3% |
| Equity | 10/15 | €158,545 | €409,464 | +€250,920 | +158% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €148,545 | €399,464 | +€250,920 | +169% |
| Distributable reserves | 133 | €148,545 | €399,464 | +€250,920 | +169% |
| Amounts payable | 17/49 | €2,012,385 | €1,812,437 | -€199,948 | -9.9% |
| Amounts payable after more than one year | 17 | €1,329,048 | €1,142,077 | -€186,970 | -14.1% |
| Financial debts | 170/4 | €1,329,048 | €1,142,077 | -€186,970 | -14.1% |
| Amounts payable within one year | 42/48 | €679,341 | €666,831 | -€12,510 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €198,834 | €202,402 | +€3,568 | +1.8% |
| Trade debts | 44 | €86,773 | €80,915 | -€5,858 | -6.8% |
| Suppliers | 440/4 | €86,773 | €80,915 | -€5,858 | -6.8% |
| Taxes, remuneration and social security | 45 | €243,735 | €283,515 | +€39,779 | +16.3% |
| Taxes | 450/3 | €156,541 | €185,453 | +€28,912 | +18.5% |
| Remuneration and social security | 454/9 | €87,194 | €98,062 | +€10,867 | +12.5% |
| Other amounts payable | 47/48 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | €3,996 | €3,528 | -€468 | -11.7% |
| Remuneration, social security and pensions | 62 | €602,303 | €648,560 | +€46,257 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,156 | €203,733 | +€577 | +0.3% |
| Other operating charges | 640/8 | €41,441 | €49,512 | +€8,071 | +19.5% |
| Gross operating margin | 9900 | €1,060,514 | €1,337,617 | +€277,102 | +26.1% |
| Operating profit (loss) | 9901 | €213,614 | €435,811 | +€222,197 | +104% |
| Financial income | 75/76B | €14,520 | €37,621 | +€23,100 | +159% |
| Recurring financial income | 75 | €14,520 | €37,621 | +€23,100 | +159% |
| Financial charges | 65/66B | €34,194 | €31,914 | -€2,280 | -6.7% |
| Recurring financial charges | 65 | €34,194 | €31,914 | -€2,280 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €193,941 | €441,518 | +€247,578 | +128% |
| Income taxes | 67/77 | €57,018 | €90,598 | +€33,580 | +58.9% |
| Profit (loss) for the period | 9904 | €136,923 | €350,920 | +€213,997 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €136,923 | €350,920 | +€213,997 | +156% |
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 21 October 2026 via checked.be.