Notisse: 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.
Notisse
Largest movements
- Current investments -€44,898
down €44,898 (-99.8%), from €45,000 to €102
- Intangible fixed assets -€37,236
down €37,236 (-28.1%), from €132,619 to €95,383
- Cash +€5,544
up €5,544 (+13.0%), from €42,717 to €48,262
mainly Depreciation (+€46,910) and Current investments (+€44,898)
- Deferred charges and accrued income +€3,285
up €3,285 (+119%), from €2,751 to €6,036
- Tangible fixed assets -€3,032
down €3,032 (-7.7%), from €39,321 to €36,289
of which Plant, machinery and equipment: -€5,062
- Profit (loss) carried forward -€55,802
down €55,802, from €26,546 to -€29,256
- Debts after one year -€31,622
down €31,622 (-39.3%), from €80,420 to €48,798
- Advances received +€7,229
up €7,229 (+273%), from €2,643 to €9,872
- Staff costs +€31,779
up €31,779 (+39.1%), from €81,364 to €113,144
- Gross operating margin -€15,547
down €15,547 (-11.7%), from €132,965 to €117,419
- Financial income -€4,056
down €4,056 (-97.5%), from €4,158 to €102
- Financial charges -€3,030
down €3,030 (-24.3%), from €12,456 to €9,426
- Other operating charges +€1,720
up €1,720 (+132%), from €1,302 to €3,022
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 | €296,290 | €218,839 | -€77,451 | -26.1% |
| Fixed assets | 21/28 | €180,604 | €140,336 | -€40,268 | -22.3% |
| Intangible fixed assets | 21 | €132,619 | €95,383 | -€37,236 | -28.1% |
| Tangible fixed assets | 22/27 | €39,321 | €36,289 | -€3,032 | -7.7% |
| Plant, machinery and equipment | 23 | €11,428 | €6,366 | -€5,062 | -44.3% |
| Furniture and vehicles | 24 | €15,294 | €16,428 | +€1,134 | +7.4% |
| Other tangible fixed assets | 26 | €12,600 | €13,495 | +€896 | +7.1% |
| Financial fixed assets | 28 | €8,664 | €8,664 | = | 0.0% |
| Current assets | 29/58 | €115,686 | €78,503 | -€37,183 | -32.1% |
| Stocks and contracts in progress | 3 | €3,497 | €3,094 | -€403 | -11.5% |
| Stocks | 30/36 | €3,497 | €3,094 | -€403 | -11.5% |
| Amounts receivable within one year | 40/41 | €21,721 | €21,010 | -€711 | -3.3% |
| Trade receivables | 40 | €2,342 | €3,475 | +€1,132 | +48.3% |
| Other amounts receivable | 41 | €19,379 | €17,535 | -€1,844 | -9.5% |
| Current investments | 50/53 | €45,000 | €102 | -€44,898 | -99.8% |
| Cash at bank and in hand | 54/58 | €42,717 | €48,262 | +€5,544 | +13.0% |
| Deferred charges and accrued income | 490/1 | €2,751 | €6,036 | +€3,285 | +119% |
| Total equity and liabilities | 10/49 | €296,290 | €218,839 | -€77,451 | -26.1% |
| Equity | 10/15 | €76,546 | €20,744 | -€55,802 | -72.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,546 | -€29,256 | -€55,802 | |
| Amounts payable | 17/49 | €219,744 | €198,095 | -€21,649 | -9.9% |
| Amounts payable after more than one year | 17 | €80,420 | €48,798 | -€31,622 | -39.3% |
| Financial debts | 170/4 | €80,420 | €48,798 | -€31,622 | -39.3% |
| Amounts payable within one year | 42/48 | €139,324 | €149,297 | +€9,973 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €31,149 | €31,622 | +€473 | +1.5% |
| Trade debts | 44 | €87,946 | €90,782 | +€2,836 | +3.2% |
| Suppliers | 440/4 | €87,946 | €90,782 | +€2,836 | +3.2% |
| Advances received on contracts in progress | 46 | €2,643 | €9,872 | +€7,229 | +273% |
| Taxes, remuneration and social security | 45 | €17,587 | €17,022 | -€565 | -3.2% |
| Taxes | 450/3 | €12,419 | €6,806 | -€5,613 | -45.2% |
| Remuneration and social security | 454/9 | €5,167 | €10,216 | +€5,048 | +97.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €81,364 | €113,144 | +€31,779 | +39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,877 | €46,910 | +€1,033 | +2.3% |
| Other operating charges | 640/8 | €1,302 | €3,022 | +€1,720 | +132% |
| Non-recurring operating charges | 66A | - | €239 | +€239 | |
| Gross operating margin | 9900 | €132,965 | €117,419 | -€15,547 | -11.7% |
| Operating profit (loss) | 9901 | €4,423 | -€45,896 | -€50,318 | |
| Financial income | 75/76B | €4,158 | €102 | -€4,056 | -97.5% |
| Recurring financial income | 75 | €4,158 | €102 | -€4,056 | -97.5% |
| Financial charges | 65/66B | €12,456 | €9,426 | -€3,030 | -24.3% |
| Recurring financial charges | 65 | €12,456 | €9,426 | -€3,030 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,875 | -€55,220 | -€51,345 | -1,325% |
| Income taxes | 67/77 | €513 | €582 | +€69 | +13.4% |
| Profit (loss) for the period | 9904 | -€4,388 | -€55,802 | -€51,414 | -1,172% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,388 | -€55,802 | -€51,414 | -1,172% |
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 25 October 2026 via checked.be.