Notha: 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.
Notha
Largest movements
- Cash +€2,301
up €2,301 (+36.3%), from €6,339 to €8,639
mainly Tax, wage and social debts (+€2,127) and Depreciation (+€898)
- Receivables within one year +€1,171
up €1,171 (+18.1%), from €6,463 to €7,633
of which Other amounts receivable: +€889
- Tangible fixed assets -€898
down €898 (-45.0%), from €1,995 to €1,097
of which Furniture and vehicles: -€715
- Deferred charges and accrued income -€490
down €490 (-30.4%), from €1,612 to €1,122
- Tax, wage and social debts +€2,127
up €2,127 (+109%), from €1,944 to €4,071
of which Taxes: +€2,127
- Other debts -€774
down €774 (-41.9%), from €1,850 to €1,076
- Trade debts +€367
up €367 (+171%), from €215 to €583
- Profit (loss) carried forward +€363
up €363 (+3.6%), from €9,999 to €10,362
- Gross operating margin -€12,247
down €12,247 (-71.9%), from €17,030 to €4,783
- Taxes -€2,030
down €2,030 (-55.8%), from €3,641 to €1,611
- Other operating charges -€639
down €639 (-35.6%), from €1,794 to €1,155
- Depreciation +€199
up €199 (+28.5%), from €699 to €898
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 | €16,409 | €18,492 | +€2,083 | +12.7% |
| Fixed assets | 21/28 | €1,995 | €1,097 | -€898 | -45.0% |
| Tangible fixed assets | 22/27 | €1,995 | €1,097 | -€898 | -45.0% |
| Plant, machinery and equipment | 23 | €531 | €348 | -€183 | -34.5% |
| Furniture and vehicles | 24 | €1,465 | €750 | -€715 | -48.8% |
| Current assets | 29/58 | €14,414 | €17,394 | +€2,981 | +20.7% |
| Amounts receivable within one year | 40/41 | €6,463 | €7,633 | +€1,171 | +18.1% |
| Trade receivables | 40 | €6,463 | €6,744 | +€282 | +4.4% |
| Other amounts receivable | 41 | €0 | €889 | +€889 | |
| Cash at bank and in hand | 54/58 | €6,339 | €8,639 | +€2,301 | +36.3% |
| Deferred charges and accrued income | 490/1 | €1,612 | €1,122 | -€490 | -30.4% |
| Total equity and liabilities | 10/49 | €16,409 | €18,492 | +€2,083 | +12.7% |
| Equity | 10/15 | €12,399 | €12,762 | +€363 | +2.9% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,999 | €10,362 | +€363 | +3.6% |
| Amounts payable | 17/49 | €4,010 | €5,730 | +€1,720 | +42.9% |
| Amounts payable within one year | 42/48 | €4,010 | €5,730 | +€1,720 | +42.9% |
| Trade debts | 44 | €215 | €583 | +€367 | +171% |
| Suppliers | 440/4 | €215 | €583 | +€367 | +171% |
| Taxes, remuneration and social security | 45 | €1,944 | €4,071 | +€2,127 | +109% |
| Taxes | 450/3 | €1,944 | €4,071 | +€2,127 | +109% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,850 | €1,076 | -€774 | -41.9% |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €12,301 | - | -€12,301 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €699 | €898 | +€199 | +28.5% |
| Other operating charges | 640/8 | €1,794 | €1,155 | -€639 | -35.6% |
| Non-recurring operating charges | 66A | €53 | - | -€53 | |
| Gross operating margin | 9900 | €17,030 | €4,783 | -€12,247 | -71.9% |
| Operating profit (loss) | 9901 | €14,484 | €2,730 | -€11,754 | -81.2% |
| Financial charges | 65/66B | €843 | €756 | -€87 | -10.3% |
| Recurring financial charges | 65 | €843 | €756 | -€87 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €13,641 | €1,974 | -€11,667 | -85.5% |
| Income taxes | 67/77 | €3,641 | €1,611 | -€2,030 | -55.8% |
| Profit (loss) for the period | 9904 | €9,999 | €363 | -€9,637 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,999 | €363 | -€9,637 | -96.4% |
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 14 October 2026 via checked.be.