Notbell: 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.
Notbell
Largest movements
- Tangible fixed assets -€12,917
down €12,917 (-23.6%), from €54,746 to €41,829
- Cash -€12,183
down €12,183 (-32.0%), from €38,058 to €25,876
mainly Net result for the year (-€16,020) and Debts after one year (-€9,789)
- Receivables within one year -€4,755
down €4,755 (-31.4%), from €15,133 to €10,378
of which Trade receivables: -€5,377
- Profit (loss) carried forward -€16,020
down €16,020 (-151.8%), from -€10,553 to -€26,572
- Debts after one year -€9,789
down €9,789 (-27.6%), from €35,408 to €25,620
- Tax, wage and social debts -€4,439
down €4,439 (-82.6%), from €5,373 to €934
- Depreciation +€4,355
up €4,355 (+50.9%), from €8,562 to €12,917
- Financial charges +€454
up €454 (+29.0%), from €1,563 to €2,017
- Gross operating margin -€392
down €392 (-364.5%), from -€107 to -€499
- Financial income -€148
down €148 (-34.8%), from €427 to €279
- Taxes +€74
up €74 (+63.0%), from €118 to €192
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 | €108,498 | €78,887 | -€29,611 | -27.3% |
| Fixed assets | 21/28 | €54,746 | €41,829 | -€12,917 | -23.6% |
| Tangible fixed assets | 22/27 | €54,746 | €41,829 | -€12,917 | -23.6% |
| Furniture and vehicles | 24 | €54,746 | €41,829 | -€12,917 | -23.6% |
| Current assets | 29/58 | €53,752 | €37,059 | -€16,694 | -31.1% |
| Amounts receivable within one year | 40/41 | €15,133 | €10,378 | -€4,755 | -31.4% |
| Trade receivables | 40 | €8,661 | €3,284 | -€5,377 | -62.1% |
| Other amounts receivable | 41 | €6,471 | €7,094 | +€622 | +9.6% |
| Cash at bank and in hand | 54/58 | €38,058 | €25,876 | -€12,183 | -32.0% |
| Deferred charges and accrued income | 490/1 | €561 | €805 | +€244 | +43.4% |
| Total equity and liabilities | 10/49 | €108,498 | €78,887 | -€29,611 | -27.3% |
| Equity | 10/15 | €55,626 | €39,607 | -€16,020 | -28.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €64,179 | €64,179 | = | 0.0% |
| Distributable reserves | 133 | €64,179 | €64,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,553 | -€26,572 | -€16,020 | -151.8% |
| Amounts payable | 17/49 | €52,872 | €39,281 | -€13,591 | -25.7% |
| Amounts payable after more than one year | 17 | €35,408 | €25,620 | -€9,789 | -27.6% |
| Financial debts | 170/4 | €35,408 | €25,620 | -€9,789 | -27.6% |
| Amounts payable within one year | 42/48 | €15,646 | €11,926 | -€3,720 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €9,345 | €9,789 | +€444 | +4.8% |
| Trade debts | 44 | €929 | €1,203 | +€274 | +29.5% |
| Suppliers | 440/4 | €929 | €1,203 | +€274 | +29.5% |
| Taxes, remuneration and social security | 45 | €5,373 | €934 | -€4,439 | -82.6% |
| Taxes | 450/3 | €5,373 | €934 | -€4,439 | -82.6% |
| Accrued charges and deferred income | 492/3 | €1,817 | €1,735 | -€82 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,562 | €12,917 | +€4,355 | +50.9% |
| Other operating charges | 640/8 | €629 | €673 | +€44 | +7.0% |
| Gross operating margin | 9900 | -€107 | -€499 | -€392 | -364.5% |
| Operating profit (loss) | 9901 | -€9,299 | -€14,089 | -€4,790 | -51.5% |
| Financial income | 75/76B | €427 | €279 | -€148 | -34.8% |
| Recurring financial income | 75 | €427 | €279 | -€148 | -34.8% |
| Financial charges | 65/66B | €1,563 | €2,017 | +€454 | +29.0% |
| Recurring financial charges | 65 | €1,563 | €2,017 | +€454 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,435 | -€15,828 | -€5,392 | -51.7% |
| Income taxes | 67/77 | €118 | €192 | +€74 | +63.0% |
| Profit (loss) for the period | 9904 | -€10,553 | -€16,020 | -€5,467 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,553 | -€16,020 | -€5,467 | -51.8% |
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 11 October 2026 via checked.be.