NOTONS: 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.
NOTONS
Largest movements
- Receivables after one year +€150,000
new in 2025: €150,000
- Receivables within one year -€71,200
down €71,200 (-25.7%), from €277,360 to €206,160
of which Other amounts receivable: -€72,993
- Cash -€29,194
down €29,194 (-11.7%), from €249,534 to €220,341
mainly Contributions, distributions and other (-€490,800) and Receivables after one year (-€150,000)
- Debts after one year +€150,000
new in 2025: €150,000
- Other debts -€101,105
down €101,105 (-20.1%), from €501,832 to €400,727
- Gross operating margin +€256,166
up €256,166 (+65.0%), from €394,244 to €650,410
- Taxes +€63,618
up €63,618 (+67.8%), from €93,830 to €157,449
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 | €526,895 | €577,751 | +€50,856 | +9.7% |
| Current assets | 29/58 | €526,895 | €577,751 | +€50,856 | +9.7% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Trade receivables | 290 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €277,360 | €206,160 | -€71,200 | -25.7% |
| Trade receivables | 40 | €204,360 | €206,153 | +€1,793 | +0.9% |
| Other amounts receivable | 41 | €73,000 | €7 | -€72,993 | -100.0% |
| Cash at bank and in hand | 54/58 | €249,534 | €220,341 | -€29,194 | -11.7% |
| Deferred charges and accrued income | 490/1 | - | €1,250 | +€1,250 | |
| Total equity and liabilities | 10/49 | €526,895 | €577,751 | +€50,856 | +9.7% |
| Equity | 10/15 | €20,478 | €20,542 | +€64 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18 | €82 | +€64 | +366% |
| Amounts payable | 17/49 | €506,417 | €557,209 | +€50,792 | +10.0% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Other amounts payable | 178/9 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €506,225 | €407,009 | -€99,216 | -19.6% |
| Taxes, remuneration and social security | 45 | €4,393 | €6,282 | +€1,889 | +43.0% |
| Taxes | 450/3 | €4,393 | €6,282 | +€1,889 | +43.0% |
| Other amounts payable | 47/48 | €501,832 | €400,727 | -€101,105 | -20.1% |
| Accrued charges and deferred income | 492/3 | €192 | €200 | +€8 | +4.0% |
| Other operating charges | 640/8 | €403 | €401 | -€2 | -0.6% |
| Gross operating margin | 9900 | €394,244 | €650,410 | +€256,166 | +65.0% |
| Operating profit (loss) | 9901 | €393,841 | €650,009 | +€256,168 | +65.0% |
| Financial charges | 65/66B | €46 | €1,696 | +€1,650 | +3,562% |
| Recurring financial charges | 65 | €46 | €1,696 | +€1,650 | +3,562% |
| Profit (loss) for the period before taxes | 9903 | €393,794 | €648,313 | +€254,518 | +64.6% |
| Income taxes | 67/77 | €93,830 | €157,449 | +€63,618 | +67.8% |
| Profit (loss) for the period | 9904 | €299,964 | €490,864 | +€190,900 | +63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €299,964 | €490,864 | +€190,900 | +63.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.