NOTARRY: what changed
Two fiscal 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.
NOTARRY
Largest movements
- Cash +€207,354
up €207,354 (+83.0%), from €249,896 to €457,250
mainly Net result for the year (+€195,336) and Depreciation (+€96,812)
- Intangible fixed assets -€78,347
down €78,347 (-11.1%), from €705,125 to €626,777
- Receivables within one year -€40,904
down €40,904 (-44.6%), from €91,741 to €50,837
of which Other amounts receivable: -€38,488
- Reserves +€195,336
up €195,336 (+129.5%), from €150,848 to €346,184
- Debts after one year -€101,125
down €101,125 (-16.4%), from €618,101 to €516,976
- Other debts -€21,806
down €21,806 (-19.9%), from €109,337 to €87,531
- Gross operating margin +€45,601
up €45,601 (+7.7%), from €595,556 to €641,157
- Taxes +€22,075
up €22,075 (+48.4%), from €45,571 to €67,646
- Staff costs -€19,507
down €19,507 (-6.6%), from €296,621 to €277,114
- Financial income +€13,972
up €13,972 (+292.9%), from €4,769 to €18,741
- Financial charges +€7,903
up €7,903 (+80.1%), from €9,868 to €17,771
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 | €1,114,433 | €1,192,102 | +€77,669 | +7.0% |
| Fixed assets | 21/28 | €771,162 | €681,178 | -€89,984 | -11.7% |
| Intangible fixed assets | 21 | €705,125 | €626,777 | -€78,347 | -11.1% |
| Tangible fixed assets | 22/27 | €66,037 | €54,401 | -€11,637 | -17.6% |
| Plant, machinery and equipment | 23 | €18,703 | €14,351 | -€4,352 | -23.3% |
| Furniture and vehicles | 24 | €2,988 | €3,824 | +€836 | +28.0% |
| Other tangible fixed assets | 26 | €44,346 | €36,226 | -€8,120 | -18.3% |
| Current assets | 29/58 | €343,272 | €510,924 | +€167,653 | +48.8% |
| Amounts receivable within one year | 40/41 | €91,741 | €50,837 | -€40,904 | -44.6% |
| Trade receivables | 40 | €33,591 | €31,175 | -€2,416 | -7.2% |
| Other amounts receivable | 41 | €58,150 | €19,662 | -€38,488 | -66.2% |
| Cash at bank and in hand | 54/58 | €249,896 | €457,250 | +€207,354 | +83.0% |
| Deferred charges and accrued income | 490/1 | €1,635 | €2,837 | +€1,202 | +73.5% |
| Total equity and liabilities | 10/49 | €1,114,433 | €1,192,102 | +€77,669 | +7.0% |
| Equity | 10/15 | €156,848 | €352,184 | +€195,336 | +124.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €150,848 | €346,184 | +€195,336 | +129.5% |
| Distributable reserves | 133 | €150,848 | €346,184 | +€195,336 | +129.5% |
| Amounts payable | 17/49 | €957,585 | €839,918 | -€117,667 | -12.3% |
| Amounts payable after more than one year | 17 | €618,101 | €516,976 | -€101,125 | -16.4% |
| Financial debts | 170/4 | €618,101 | €516,976 | -€101,125 | -16.4% |
| Amounts payable within one year | 42/48 | €339,484 | €322,942 | -€16,542 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €101,125 | €101,125 | = | 0.0% |
| Trade debts | 44 | €29,408 | €33,893 | +€4,486 | +15.3% |
| Suppliers | 440/4 | €29,408 | €33,893 | +€4,486 | +15.3% |
| Taxes, remuneration and social security | 45 | €99,614 | €100,393 | +€778 | +0.8% |
| Taxes | 450/3 | €28,508 | €62,752 | +€34,244 | +120.1% |
| Remuneration and social security | 454/9 | €71,107 | €37,641 | -€33,466 | -47.1% |
| Other amounts payable | 47/48 | €109,337 | €87,531 | -€21,806 | -19.9% |
| Remuneration, social security and pensions | 62 | €296,621 | €277,114 | -€19,507 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,034 | €96,812 | +€4,778 | +5.2% |
| Other operating charges | 640/8 | €5,384 | €5,219 | -€164 | -3.1% |
| Gross operating margin | 9900 | €595,556 | €641,157 | +€45,601 | +7.7% |
| Operating profit (loss) | 9901 | €201,518 | €262,012 | +€60,494 | +30.0% |
| Financial income | 75/76B | €4,769 | €18,741 | +€13,972 | +292.9% |
| Recurring financial income | 75 | €4,769 | €18,741 | +€13,972 | +292.9% |
| Financial charges | 65/66B | €9,868 | €17,771 | +€7,903 | +80.1% |
| Recurring financial charges | 65 | €9,868 | €17,771 | +€7,903 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | €196,420 | €262,982 | +€66,562 | +33.9% |
| Income taxes | 67/77 | €45,571 | €67,646 | +€22,075 | +48.4% |
| Profit (loss) for the period | 9904 | €150,848 | €195,336 | +€44,488 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €150,848 | €195,336 | +€44,488 | +29.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.