NoTiMan: 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.
NoTiMan
Largest movements
- Receivables within one year +€22,533
up €22,533 (+4.1%), from €556,319 to €578,851
- Tangible fixed assets +€10,034
up €10,034 (+2127.8%), from €472 to €10,506
- Reserves +€44,695
up €44,695 (+8.2%), from €544,484 to €589,178
- Tax, wage and social debts -€7,464
down €7,464 (-41.9%), from €17,820 to €10,356
- Gross operating margin +€10,538
up €10,538 (+33.4%), from €31,547 to €42,085
- Taxes +€3,169
up €3,169 (+22.1%), from €14,341 to €17,510
- Financial income +€600
up €600 (+2.8%), from €21,441 to €22,041
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 | €583,803 | €621,417 | +€37,614 | +6.4% |
| Fixed assets | 21/28 | €472 | €10,506 | +€10,034 | +2127.8% |
| Tangible fixed assets | 22/27 | €472 | €10,506 | +€10,034 | +2127.8% |
| Furniture and vehicles | 24 | €472 | €10,506 | +€10,034 | +2127.8% |
| Current assets | 29/58 | €583,331 | €610,911 | +€27,579 | +4.7% |
| Amounts receivable within one year | 40/41 | €556,319 | €578,851 | +€22,533 | +4.1% |
| Other amounts receivable | 41 | €556,319 | €578,851 | +€22,533 | +4.1% |
| Cash at bank and in hand | 54/58 | €24,487 | €29,496 | +€5,009 | +20.5% |
| Deferred charges and accrued income | 490/1 | €2,525 | €2,563 | +€38 | +1.5% |
| Total equity and liabilities | 10/49 | €583,803 | €621,417 | +€37,614 | +6.4% |
| Equity | 10/15 | €556,884 | €601,578 | +€44,695 | +8.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €544,484 | €589,178 | +€44,695 | +8.2% |
| Distributable reserves | 133 | €544,484 | €589,178 | +€44,695 | +8.2% |
| Amounts payable | 17/49 | €26,919 | €19,838 | -€7,081 | -26.3% |
| Amounts payable within one year | 42/48 | €25,919 | €18,838 | -€7,081 | -27.3% |
| Trade debts | 44 | €1,638 | €1,571 | -€67 | -4.1% |
| Suppliers | 440/4 | €1,638 | €1,571 | -€67 | -4.1% |
| Taxes, remuneration and social security | 45 | €17,820 | €10,356 | -€7,464 | -41.9% |
| Taxes | 450/3 | €17,820 | €10,356 | -€7,464 | -41.9% |
| Other amounts payable | 47/48 | €6,461 | €6,912 | +€450 | +7.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,338 | €1,216 | -€122 | -9.1% |
| Other operating charges | 640/8 | €669 | €692 | +€23 | +3.5% |
| Gross operating margin | 9900 | €31,547 | €42,085 | +€10,538 | +33.4% |
| Operating profit (loss) | 9901 | €29,540 | €40,176 | +€10,637 | +36.0% |
| Financial income | 75/76B | €21,441 | €22,041 | +€600 | +2.8% |
| Recurring financial income | 75 | €21,441 | €22,041 | +€600 | +2.8% |
| Financial charges | 65/66B | €49 | €12 | -€36 | -74.6% |
| Recurring financial charges | 65 | €49 | €12 | -€36 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €50,932 | €62,205 | +€11,273 | +22.1% |
| Income taxes | 67/77 | €14,341 | €17,510 | +€3,169 | +22.1% |
| Profit (loss) for the period | 9904 | €36,591 | €44,695 | +€8,104 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,591 | €44,695 | +€8,104 | +22.1% |
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.