NMCB
Annual accounts 2025
micro format, filed on 03-04-2026, 28 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €140,000 and €210,000.
Balance sheet
balance sheet total €144,758 on 01-10-2025in euro
in euro
Position in the sector
14.3%
Higher than 17% of 21,205 companies in 2025.
1.20
Higher than 25% of 20,568 companies in 2025.
45.1%
Higher than 82% of 20,743 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
144,758 | 105,207 | 47,662 | 69,681 | 161,832 | 127,597 | 79,663 | 41,805 | |
20 |
- | - | - | - | - | - | - | 249 | |
21/28 |
586 | 1,890 | 2,369 | 4,154 | 734 | 1,318 | 989 | 1,780 | |
22/27 |
586 | 1,890 | 2,369 | 4,154 | 734 | 1,318 | 989 | 1,780 | |
24 |
586 | 1,890 | 2,369 | 4,154 | 734 | 1,318 | 989 | 1,780 | |
29/58 |
144,172 | 103,317 | 45,293 | 65,527 | 161,098 | 126,279 | 78,674 | 39,776 | |
40/41 |
21,811 | 17,406 | 19,490 | 38,811 | 7,651 | 15,040 | 13,643 | 21,568 | |
40 |
21,811 | 17,406 | 18,384 | 15,246 | 7,651 | 15,040 | 13,643 | 21,568 | |
41 |
- | - | 1,106 | 23,565 | - | - | - | - | |
54/58 |
121,213 | 84,651 | 25,803 | 25,370 | 151,897 | 109,269 | 63,747 | 18,132 | |
490/1 |
1,148 | 1,260 | - | 1,346 | 1,550 | 1,970 | 1,284 | 76 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
144,758 | 105,207 | 47,662 | 69,681 | 161,832 | 127,597 | 79,663 | 41,805 | |
10/15 |
20,770 | 20,550 | 20,440 | 56,234 | 14,431 | 91,589 | 54,524 | 24,845 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | 6,150 | 6,150 | 6,150 | |
13 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
130/1 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | - | - | |
130 |
- | - | - | - | - | 1,855 | 1,855 | 1,855 | |
1311 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | - | - | - | |
14 |
365 | 145 | 35 | 35,829 | 176 | 77,334 | 40,269 | 10,590 | |
17/49 |
123,988 | 84,657 | 27,222 | 13,447 | 147,401 | 36,008 | 25,139 | 16,960 | |
42/48 |
119,855 | 80,267 | 24,558 | 9,709 | 147,155 | 36,008 | 25,139 | 16,960 | |
44 |
2,772 | 1,251 | 4,254 | 816 | 2,634 | 3,599 | 1,251 | 1,496 | |
440/4 |
2,772 | 1,251 | 4,254 | 816 | 2,634 | 3,599 | 1,251 | 1,496 | |
45 |
9,096 | 15,190 | 9,493 | 8,893 | 33,533 | 24,570 | 19,619 | 15,459 | |
450/3 |
9,096 | 15,190 | 9,493 | 8,893 | 33,533 | 22,382 | 17,549 | 13,450 | |
454/9 |
- | - | - | - | - | 2,188 | 2,070 | 2,009 | |
47/48 |
107,987 | 63,826 | 10,811 | - | 110,988 | 7,839 | 4,269 | 5 | |
492/3 |
4,133 | 4,390 | 2,664 | 3,738 | 246 | - | - | - | |
| Income statement | |||||||||
9900 |
83,061 | 79,743 | 46,292 | 46,680 | 49,996 | 49,535 | 39,879 | 18,105 | |
630 |
1,304 | 1,598 | 1,785 | 896 | 584 | 834 | 1,040 | 1,341 | |
640/8 |
1,282 | 1,639 | 558 | 892 | 594 | 221 | 691 | - | |
9901 |
80,475 | 76,506 | 43,949 | 44,892 | 48,818 | 48,480 | 38,148 | 16,764 | |
75/76B |
- | - | - | 716 | - | - | - | - | |
75 |
- | - | - | 716 | - | - | - | - | |
65/66B |
54 | 121 | 41 | 309 | 820 | 1,253 | 395 | - | |
65 |
54 | 121 | 41 | 309 | 820 | 1,253 | 395 | - | |
9903 |
80,421 | 76,385 | 43,908 | 45,299 | 47,998 | 47,227 | 37,753 | 16,764 | |
67/77 |
15,200 | 16,275 | 9,302 | 9,645 | 10,156 | 10,162 | 8,074 | 4,319 | |
9904 |
65,221 | 60,110 | 34,606 | 35,654 | 37,842 | 37,065 | 29,679 | 12,445 | |
9905 |
65,221 | 60,110 | 34,606 | 35,654 | 37,842 | 37,065 | 29,679 | 12,445 | |
| Appropriation of the result | |||||||||
9906 |
65,365 | 60,145 | 70,435 | 35,829 | 115,176 | 77,334 | 40,269 | 12,445 | |
14P |
144 | 35 | 35,829 | 175 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 1,855 | |
6920 |
- | - | - | - | - | - | - | 1,855 | |
694/7 |
65,000 | 60,000 | 70,400 | - | 115,000 | - | - | - | |
694 |
65,000 | 60,000 | 70,400 | - | 115,000 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 03-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 01-10-2025 | micro format | 03-04-2026 | 2026-00072574 | |
| 01-10-2024 | micro format | 31-03-2025 | 2025-00061594 | |
| 01-10-2023 | micro format | 02-04-2024 | 2024-00058743 | |
| 01-10-2022 | micro format | 02-04-2023 | 2023-00055277 | |
| 01-10-2021 | micro format | 17-12-2021 | 2021-80600131 | |
| 01-10-2020 | micro format | 27-03-2021 | 2021-08700443 | |
| 01-10-2019 | micro format | 16-04-2020 | 2020-09300107 | |
| 01-10-2018 | micro format | 26-03-2019 | 2019-07900182 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 81,779 | 78,104 | 45,734 | 45,788 | 49,402 | 49,314 | 39,188 | 18,105 | ||
| 66,525 | 61,708 | 36,391 | 36,550 | 38,426 | 37,899 | 30,719 | 13,786 | ||
| 0 | 1,119 | 0 | 4,316 | 0 | 1,163 | 249 | 2,373 | ||
| 36,562 | 58,848 | 433 | -126,527 | 42,628 | 45,522 | 45,615 | - | ||
| 24,317 | 23,050 | 20,735 | 55,818 | 13,943 | 90,271 | 53,535 | 22,816 | ||
| 14.3% | 19.5% | 42.9% | 80.7% | 8.9% | 71.8% | 68.4% | 59.4% | ||
| 1.20 | 1.29 | 1.84 | 6.75 | 1.09 | 3.51 | 3.13 | 2.35 | ||
| 5.97 | 4.12 | 1.33 | 0.24 | 10.21 | 0.39 | 0.46 | 0.68 | ||
| 314.0% | 292.5% | 169.3% | 63.4% | 262.2% | 40.5% | 54.4% | 50.1% | ||
| 45.1% | 57.1% | 72.6% | 51.2% | 23.4% | 29.0% | 37.3% | 29.8% | ||
| over 100 | over 100 | over 100 | over 100 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 01-10-2025 | 01-10-2024 | 01-10-2023 | 01-10-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,119 | - | €4,316 |
| €1,304 | €1,598 | €1,785 | €896 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on NMCB
The operating result for 2025 is 5% higher than in 2024 and the highest since 2018. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 80.5% to 85.7%. Equity and debt are higher.