NOTAX: 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.
NOTAX
Largest movements
- Cash +€7,333
up €7,333 (+184.8%), from €3,969 to €11,302
mainly Other debts (+€6,827) and Depreciation (+€1,287)
- Other debts +€6,827
up €6,827 (+5.0%), from €136,495 to €143,321
- Gross operating margin +€8,533
up €8,533 (+586.5%), from €1,455 to €9,987
- Depreciation -€639
down €639 (-33.2%), from €1,926 to €1,287
- Financial charges +€373
up €373 (+5.5%), from €6,778 to €7,151
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 | €551,230 | €557,277 | +€6,047 | +1.1% |
| Fixed assets | 21/28 | €547,261 | €545,975 | -€1,287 | -0.2% |
| Tangible fixed assets | 22/27 | €547,021 | €545,734 | -€1,287 | -0.2% |
| Land and buildings | 22 | €545,816 | €545,002 | -€814 | -0.1% |
| Plant, machinery and equipment | 23 | €1,205 | €732 | -€473 | -39.2% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €3,969 | €11,302 | +€7,333 | +184.8% |
| Cash at bank and in hand | 54/58 | €3,969 | €11,302 | +€7,333 | +184.8% |
| Total equity and liabilities | 10/49 | €551,230 | €557,277 | +€6,047 | +1.1% |
| Equity | 10/15 | €405,102 | €404,025 | -€1,077 | -0.3% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Revaluation surpluses | 12 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,056 | -€195,133 | -€1,077 | -0.6% |
| Amounts payable | 17/49 | €146,129 | €153,252 | +€7,123 | +4.9% |
| Amounts payable within one year | 42/48 | €138,251 | €145,001 | +€6,750 | +4.9% |
| Trade debts | 44 | €1,756 | €1,679 | -€77 | -4.4% |
| Suppliers | 440/4 | €1,756 | €1,679 | -€77 | -4.4% |
| Other amounts payable | 47/48 | €136,495 | €143,321 | +€6,827 | +5.0% |
| Accrued charges and deferred income | 492/3 | €7,878 | €8,251 | +€373 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,926 | €1,287 | -€639 | -33.2% |
| Other operating charges | 640/8 | €2,600 | €2,626 | +€26 | +1.0% |
| Gross operating margin | 9900 | €1,455 | €9,987 | +€8,533 | +586.5% |
| Operating profit (loss) | 9901 | -€3,071 | €6,075 | +€9,146 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,778 | €7,151 | +€373 | +5.5% |
| Recurring financial charges | 65 | €6,778 | €7,151 | +€373 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,849 | -€1,077 | +€8,773 | +89.1% |
| Profit (loss) for the period | 9904 | -€9,849 | -€1,077 | +€8,773 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,849 | -€1,077 | +€8,773 | +89.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.