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NM Anesthesia

Active
Private limited companyfounded 2023active for 2 yearsKoningin Astridlaan 38, 7700 Mouscron, BelgiumKBO/BCE: BE 1003.985.533

Financials · financial year 2025, micro format

2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00424693.

Annual accounts 2025 filed on 24-08-2026 at the NBB all 2 filings

Turnover
≈ €470,000
Estimated: probably between €310,000 and €720,000
Total assets
€329,312▲ 80.0%
2024 · €182,956
Net result
€144,027▲ 7.4%
2024 · €134,126
Working capital
€275,396▲ 101%
2024 · €137,126
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€185,244
▲ 6.6% 2025
20242025
Net result
€144,027
▲ 7.4% 2025
20242025
Equity
€281,152
▲ 105% 2025
20242025
Total assets
€329,312
▲ 80.0% 2025
20242025
Debt
€48,160
▲ 5.1% 2025
20242025
Working capital
€275,396
▲ 101% 2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€173,698-€185,244▲ 6.6%
Net result€134,126-€144,027▲ 7.4%
Equity€137,126-€281,152▲ 105%
Total assets€182,956-€329,312▲ 80.0%
Debt€45,830-€48,160▲ 5.1%
Working capital€137,126-€275,396▲ 101%

The operating result for 2025 is 7% higher than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329,312
Fixed assets €5,757
Current assets €323,555
Equity and liabilities €329,312
Equity €281,152 ▲ 105%
Debt €48,160 ▲ 5.1%
Debt's share of the balance-sheet total falls from 25.0% to 14.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€186,148
Cash flow
€144,930
Current ratio
6.72▲
2024 · 3.99
Debt to equity
0.17▼
2024 · 0.33
ROE
51.2%▼
2024 · 97.8%
ROA
43.7%▼
2024 · 73.3%
Interest coverage
over 100
Debt ≤ 1 year
€48,160▲
2024 · €45,830
Income taxes
€42,155▲
2024 · €38,770
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets-€6,660
Depreciation and write-downs of the year-€903

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€182,956€329,312▲
Fixed assets21/28-€5,757
Tangible fixed assets22/27-€5,757
Land and buildings22-€3,750
Furniture and vehicles24-€2,007
Current assets29/58€182,956€323,555▲
Amounts receivable within one year40/41-€87,591
Other amounts receivable41-€87,591
Cash at bank and in hand54/58€182,762€235,677▲
Deferred charges and accrued income490/1€194€288▲
Equity and liabilities
Total equity and liabilities10/49€182,956€329,312▲
Equity10/15€137,126€281,152▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€134,126€278,152▲
Amounts payable17/49€45,830€48,160▲
Amounts payable within one year42/48€45,830€48,160▲
Trade debts44€857€305▼
Suppliers440/4€857€305▼
Taxes, remuneration and social security45€44,470€47,855▲
Taxes450/3€42,370€45,755▲
Remuneration and social security454/9€2,100€2,100=
Other amounts payable47/48€504-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€903
Other operating charges640/8€769€287▼
Gross operating margin9900€174,467€186,435▲
Operating profit (loss)9901€173,698€185,244▲
Financial income75/76B-€1,015
Recurring financial income75-€1,015
Financial charges65/66B€803€78▼
Recurring financial charges65€803€78▼
Profit (loss) for the period before taxes9903€172,895€186,182▲
Income taxes67/77€38,770€42,155▲
Profit (loss) for the period9904€134,126€144,027▲
Profit (loss) for the period to be appropriated9905€134,126€144,027▲
Appropriation of the result
Profit (loss) to be appropriated9906€134,126€278,152▲
Profit (loss) brought forward from the previous period14P-€134,126

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€903-
Other operating charges640/8€769€287▼ 62.7%
Gross operating margin9900€174,467€186,435▲ 6.9%
Operating profit (loss)9901€173,698€185,244▲ 6.6%
Financial income75/76B-€1,015-
Recurring financial income75-€1,015-
Financial charges65/66B€803€78▼ 90.3%
Recurring financial charges65€803€78▼ 90.3%
Profit (loss) for the period before taxes9903€172,895€186,182▲ 7.7%
Income taxes67/77€38,770€42,155▲ 8.7%
Profit (loss) for the period9904€134,126€144,027▲ 7.4%
Profit (loss) for the period to be appropriated9905€134,126€144,027▲ 7.4%
Line20242025Change
Assets
Total assets20/58€182,956€329,312▲ 80.0%
Fixed assets21/28-€5,757-
Tangible fixed assets22/27-€5,757-
Land and buildings22-€3,750-
Furniture and vehicles24-€2,007-
Current assets29/58€182,956€323,555▲ 76.8%
Amounts receivable within one year40/41-€87,591-
Other amounts receivable41-€87,591-
Cash at bank and in hand54/58€182,762€235,677▲ 29.0%
Deferred charges and accrued income490/1€194€288▲ 48.1%
Equity and liabilities
Total equity and liabilities10/49€182,956€329,312▲ 80.0%
Equity10/15€137,126€281,152▲ 105%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€134,126€278,152▲ 107%
Amounts payable17/49€45,830€48,160▲ 5.1%
Amounts payable within one year42/48€45,830€48,160▲ 5.1%
Trade debts44€857€305▼ 64.4%
Suppliers440/4€857€305▼ 64.4%
Taxes, remuneration and social security45€44,470€47,855▲ 7.6%
Taxes450/3€42,370€45,755▲ 8.0%
Remuneration and social security454/9€2,100€2,100=
Other amounts payable47/48€504--
Line20242025Change
Profit (loss) for the period9904€134,126€144,027▲ 7.4%
+ Depreciation and write-downs630-€903-
Operating cash flow (approximation)€134,126€144,930▲ 8.1%
Change in cash-€52,915-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 39,278 companies had the same profile as NM Anesthesia has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.9% was still going
2.3% stopped otherwise
1.8% went bankrupt

The bankruptcy probability of NM Anesthesia itself is lower: < 0.1% within 12 months. It rests on far more data about NM Anesthesia than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for NM Anesthesia. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 24-08-2026 2026-00424693 PDF
31-12-2024 micro format 08-08-2025 2025-00367338 PDF

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