NOTTEMA: 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.
NOTTEMA
Largest movements
- Receivables within one year +€17,282
up €17,282 (+778.1%), from €2,221 to €19,503
of which Trade receivables: +€13,114
- Tangible fixed assets -€12,529
down €12,529 (-23.2%), from €54,004 to €41,475
- Cash +€1,872
up €1,872 (+47.7%), from €3,929 to €5,802
mainly Depreciation (+€12,529) and Accrued charges and deferred income (+€9,341)
- Accrued charges and deferred income +€9,341
new in 2025: €9,341
- Tax, wage and social debts -€2,171
down €2,171 (-37.4%), from €5,799 to €3,628
- Trade debts -€1,215
down €1,215 (-66.3%), from €1,833 to €618
- Gross operating margin -€18,324
down €18,324 (-50.3%), from €36,444 to €18,120
- Taxes -€4,294
down €4,294 (-54.5%), from €7,877 to €3,582
- Depreciation +€1,129
up €1,129 (+9.9%), from €11,400 to €12,529
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 | €60,427 | €66,779 | +€6,353 | +10.5% |
| Fixed assets | 21/28 | €54,004 | €41,475 | -€12,529 | -23.2% |
| Tangible fixed assets | 22/27 | €54,004 | €41,475 | -€12,529 | -23.2% |
| Land and buildings | 22 | €29,741 | €24,193 | -€5,548 | -18.7% |
| Plant, machinery and equipment | 23 | €1,094 | €321 | -€774 | -70.7% |
| Furniture and vehicles | 24 | €23,168 | €16,961 | -€6,207 | -26.8% |
| Current assets | 29/58 | €6,423 | €25,304 | +€18,882 | +294.0% |
| Amounts receivable within one year | 40/41 | €2,221 | €19,503 | +€17,282 | +778.1% |
| Trade receivables | 40 | €2,221 | €15,335 | +€13,114 | +590.4% |
| Other amounts receivable | 41 | - | €4,168 | +€4,168 | |
| Cash at bank and in hand | 54/58 | €3,929 | €5,802 | +€1,872 | +47.7% |
| Deferred charges and accrued income | 490/1 | €272 | - | -€272 | |
| Total equity and liabilities | 10/49 | €60,427 | €66,779 | +€6,353 | +10.5% |
| Equity | 10/15 | €21,025 | €21,423 | +€398 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,825 | €15,223 | +€398 | +2.7% |
| Distributable reserves | 133 | €14,825 | €15,223 | +€398 | +2.7% |
| Amounts payable | 17/49 | €39,402 | €45,356 | +€5,954 | +15.1% |
| Amounts payable within one year | 42/48 | €39,402 | €36,016 | -€3,386 | -8.6% |
| Trade debts | 44 | €1,833 | €618 | -€1,215 | -66.3% |
| Suppliers | 440/4 | €1,833 | €618 | -€1,215 | -66.3% |
| Taxes, remuneration and social security | 45 | €5,799 | €3,628 | -€2,171 | -37.4% |
| Taxes | 450/3 | €5,799 | €3,628 | -€2,171 | -37.4% |
| Other amounts payable | 47/48 | €31,770 | €31,769 | -€1 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €9,341 | +€9,341 | |
| Non-recurring operating income | 76A | €11,905 | - | -€11,905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,400 | €12,529 | +€1,129 | +9.9% |
| Other operating charges | 640/8 | €1,578 | €1,435 | -€144 | -9.1% |
| Gross operating margin | 9900 | €36,444 | €18,120 | -€18,324 | -50.3% |
| Operating profit (loss) | 9901 | €23,466 | €4,156 | -€19,309 | -82.3% |
| Financial charges | 65/66B | €294 | €176 | -€118 | -40.1% |
| Recurring financial charges | 65 | €294 | €176 | -€118 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €23,172 | €3,980 | -€19,192 | -82.8% |
| Income taxes | 67/77 | €7,877 | €3,582 | -€4,294 | -54.5% |
| Profit (loss) for the period | 9904 | €15,295 | €398 | -€14,897 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,295 | €398 | -€14,897 | -97.4% |
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 11 October 2026 via checked.be.