VAN NOOTEN & PARTNERS: what changed
VAN NOOTEN & PARTNERS
Largest movements
- Cash -€77,681
down €77,681 (-71.6%), from €108,442 to €30,761
mainly Contributions, distributions and other (-€82,675) and Trade debts (-€55,021)
- Receivables within one year +€31,143
up €31,143 (+38.9%), from €80,161 to €111,304
of which Trade receivables: +€31,143
- Intangible fixed assets -€6,525
down €6,525 (-18.5%), from €35,250 to €28,725
- Trade debts -€55,021
down €55,021 (-92.7%), from €59,384 to €4,364
- Reserves -€40,650
down €40,650 (-30.4%), from €133,775 to €93,125
- Other debts +€34,496
new in 2025: €34,496
- Tax, wage and social debts +€8,127
up €8,127 (+57.5%), from €14,144 to €22,271
of which Taxes: +€10,701
- Gross operating margin +€38,999
up €38,999 (+65.9%), from €59,169 to €98,168
- Taxes +€8,390
up €8,390 (+127%), from €6,602 to €14,992
- Write-downs +€4,191
new in 2025: €4,191
- Staff costs +€1,050
up €1,050 (+3.7%), from €28,338 to €29,388
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,904 | €173,074 | -€52,830 | -23.4% |
| Fixed assets | 21/28 | €36,050 | €29,436 | -€6,614 | -18.3% |
| Intangible fixed assets | 21 | €35,250 | €28,725 | -€6,525 | -18.5% |
| Tangible fixed assets | 22/27 | €800 | €711 | -€89 | -11.1% |
| Furniture and vehicles | 24 | €800 | €711 | -€89 | -11.1% |
| Current assets | 29/58 | €189,854 | €143,638 | -€46,216 | -24.3% |
| Amounts receivable within one year | 40/41 | €80,161 | €111,304 | +€31,143 | +38.9% |
| Trade receivables | 40 | €71,707 | €102,850 | +€31,143 | +43.4% |
| Other amounts receivable | 41 | €8,454 | €8,454 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,442 | €30,761 | -€77,681 | -71.6% |
| Deferred charges and accrued income | 490/1 | €1,250 | €1,572 | +€322 | +25.8% |
| Total equity and liabilities | 10/49 | €225,904 | €173,074 | -€52,830 | -23.4% |
| Equity | 10/15 | €152,375 | €111,725 | -€40,650 | -26.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,775 | €93,125 | -€40,650 | -30.4% |
| Distributable reserves | 133 | €133,775 | €93,125 | -€40,650 | -30.4% |
| Amounts payable | 17/49 | €73,528 | €61,349 | -€12,179 | -16.6% |
| Amounts payable within one year | 42/48 | €73,528 | €61,131 | -€12,397 | -16.9% |
| Trade debts | 44 | €59,384 | €4,364 | -€55,021 | -92.7% |
| Suppliers | 440/4 | €59,384 | €4,364 | -€55,021 | -92.7% |
| Taxes, remuneration and social security | 45 | €14,144 | €22,271 | +€8,127 | +57.5% |
| Taxes | 450/3 | €7,417 | €18,117 | +€10,701 | +144% |
| Remuneration and social security | 454/9 | €6,727 | €4,154 | -€2,574 | -38.3% |
| Other amounts payable | 47/48 | - | €34,496 | +€34,496 | |
| Accrued charges and deferred income | 492/3 | - | €218 | +€218 | |
| Remuneration, social security and pensions | 62 | €28,338 | €29,388 | +€1,050 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,827 | €3,706 | +€879 | +31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,191 | +€4,191 | |
| Other operating charges | 640/8 | €651 | €1,071 | +€420 | +64.5% |
| Non-recurring operating charges | 66A | €2,089 | €2,908 | +€818 | +39.2% |
| Gross operating margin | 9900 | €59,169 | €98,168 | +€38,999 | +65.9% |
| Operating profit (loss) | 9901 | €25,263 | €56,905 | +€31,642 | +125% |
| Financial income | 75/76B | €189 | €184 | -€5 | -2.9% |
| Recurring financial income | 75 | €189 | €184 | -€5 | -2.9% |
| Financial charges | 65/66B | €63 | €72 | +€9 | +15.1% |
| Recurring financial charges | 65 | €63 | €72 | +€9 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €25,390 | €57,017 | +€31,627 | +125% |
| Income taxes | 67/77 | €6,602 | €14,992 | +€8,390 | +127% |
| Profit (loss) for the period | 9904 | €18,788 | €42,025 | +€23,237 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €18,788 | €42,025 | +€23,237 | +124% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.