NOTEBOOM: 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.
NOTEBOOM
Largest movements
- Receivables within one year -€2,230
down €2,230 (-4.9%), from €45,634 to €43,404
- Stocks and contracts -€1,500
down €1,500 (-25.1%), from €5,968 to €4,468
- Deferred charges and accrued income -€1,092
down €1,092 (-92.8%), from €1,177 to €84
- Cash -€912
down €912 (-14.0%), from €6,518 to €5,606
mainly Net result for the year (-€6,302)
- Reserves -€6,302
down €6,302 (-16.2%), from €38,830 to €32,529
- Gross operating margin -€4,775
down €4,775 (-136%), from -€3,517 to -€8,293
- Financial income +€2,413
up €2,413 (+38,851%), from €6 to €2,419
- Financial charges +€121
up €121 (+68.4%), from €177 to €298
- Other operating charges -€111
down €111 (-45.9%), from €241 to €130
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 | €59,296 | €53,562 | -€5,734 | -9.7% |
| Current assets | 29/58 | €59,296 | €53,562 | -€5,734 | -9.7% |
| Stocks and contracts in progress | 3 | €5,968 | €4,468 | -€1,500 | -25.1% |
| Stocks | 30/36 | €5,968 | €4,468 | -€1,500 | -25.1% |
| Amounts receivable within one year | 40/41 | €45,634 | €43,404 | -€2,230 | -4.9% |
| Other amounts receivable | 41 | €45,634 | €43,404 | -€2,230 | -4.9% |
| Cash at bank and in hand | 54/58 | €6,518 | €5,606 | -€912 | -14.0% |
| Deferred charges and accrued income | 490/1 | €1,177 | €84 | -€1,092 | -92.8% |
| Total equity and liabilities | 10/49 | €59,296 | €53,562 | -€5,734 | -9.7% |
| Equity | 10/15 | €57,422 | €51,121 | -€6,302 | -11.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €38,830 | €32,529 | -€6,302 | -16.2% |
| Distributable reserves | 133 | €38,830 | €32,529 | -€6,302 | -16.2% |
| Amounts payable | 17/49 | €1,874 | €2,442 | +€567 | +30.3% |
| Amounts payable within one year | 42/48 | €1,874 | €2,442 | +€567 | +30.3% |
| Trade debts | 44 | €1,874 | €2,422 | +€548 | +29.3% |
| Suppliers | 440/4 | €1,874 | €2,422 | +€548 | +29.3% |
| Taxes, remuneration and social security | 45 | - | €19 | +€19 | |
| Taxes | 450/3 | - | €19 | +€19 | |
| Other operating charges | 640/8 | €241 | €130 | -€111 | -45.9% |
| Gross operating margin | 9900 | -€3,517 | -€8,293 | -€4,775 | -136% |
| Operating profit (loss) | 9901 | -€3,758 | -€8,423 | -€4,665 | -124% |
| Financial income | 75/76B | €6 | €2,419 | +€2,413 | +38,851% |
| Recurring financial income | 75 | €6 | €2,419 | +€2,413 | +38,851% |
| Financial charges | 65/66B | €177 | €298 | +€121 | +68.4% |
| Recurring financial charges | 65 | €177 | €298 | +€121 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,929 | -€6,302 | -€2,373 | -60.4% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€3,929 | -€6,302 | -€2,373 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,929 | -€6,302 | -€2,373 | -60.4% |
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 13 October 2026 via checked.be.