NOTEBOOM: what changed
NOTEBOOM
Largest movements
- Receivables within one year -€2,230
down €2,230 (-4.9%), from €45,634 to €43,404
- Stocks and contracts -€1,500
down €1,500 (-25.1%), from €5,968 to €4,468
- Deferred charges and accrued income -€1,092
down €1,092 (-92.8%), from €1,177 to €84
- Cash -€912
down €912 (-14.0%), from €6,518 to €5,606
mainly Net result for the year (-€6,302)
- Reserves -€6,302
down €6,302 (-16.2%), from €38,830 to €32,529
- Gross operating margin -€4,775
down €4,775 (-136%), from -€3,517 to -€8,293
- Financial income +€2,413
up €2,413 (+38,851%), from €6 to €2,419
- Financial charges +€121
up €121 (+68.4%), from €177 to €298
- Other operating charges -€111
down €111 (-45.9%), from €241 to €130
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 | €59,296 | €53,562 | -€5,734 | -9.7% |
| Current assets | 29/58 | €59,296 | €53,562 | -€5,734 | -9.7% |
| Stocks and contracts in progress | 3 | €5,968 | €4,468 | -€1,500 | -25.1% |
| Stocks | 30/36 | €5,968 | €4,468 | -€1,500 | -25.1% |
| Amounts receivable within one year | 40/41 | €45,634 | €43,404 | -€2,230 | -4.9% |
| Other amounts receivable | 41 | €45,634 | €43,404 | -€2,230 | -4.9% |
| Cash at bank and in hand | 54/58 | €6,518 | €5,606 | -€912 | -14.0% |
| Deferred charges and accrued income | 490/1 | €1,177 | €84 | -€1,092 | -92.8% |
| Total equity and liabilities | 10/49 | €59,296 | €53,562 | -€5,734 | -9.7% |
| Equity | 10/15 | €57,422 | €51,121 | -€6,302 | -11.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €38,830 | €32,529 | -€6,302 | -16.2% |
| Distributable reserves | 133 | €38,830 | €32,529 | -€6,302 | -16.2% |
| Amounts payable | 17/49 | €1,874 | €2,442 | +€567 | +30.3% |
| Amounts payable within one year | 42/48 | €1,874 | €2,442 | +€567 | +30.3% |
| Trade debts | 44 | €1,874 | €2,422 | +€548 | +29.3% |
| Suppliers | 440/4 | €1,874 | €2,422 | +€548 | +29.3% |
| Taxes, remuneration and social security | 45 | - | €19 | +€19 | |
| Taxes | 450/3 | - | €19 | +€19 | |
| Other operating charges | 640/8 | €241 | €130 | -€111 | -45.9% |
| Gross operating margin | 9900 | -€3,517 | -€8,293 | -€4,775 | -136% |
| Operating profit (loss) | 9901 | -€3,758 | -€8,423 | -€4,665 | -124% |
| Financial income | 75/76B | €6 | €2,419 | +€2,413 | +38,851% |
| Recurring financial income | 75 | €6 | €2,419 | +€2,413 | +38,851% |
| Financial charges | 65/66B | €177 | €298 | +€121 | +68.4% |
| Recurring financial charges | 65 | €177 | €298 | +€121 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,929 | -€6,302 | -€2,373 | -60.4% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€3,929 | -€6,302 | -€2,373 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,929 | -€6,302 | -€2,373 | -60.4% |
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 4 November 2026 via checked.be.