N.M. CONSULTING: 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.
N.M. CONSULTING
Largest movements
- Receivables within one year +€69,462
up €69,462 (+392%), from €17,705 to €87,167
of which Trade receivables: +€65,978
- Cash -€42,147
down €42,147 (-23.5%), from €179,072 to €136,925
mainly Contributions, distributions and other (-€79,000) and Receivables within one year (-€69,462)
- Current investments +€40,000
up €40,000 (+200%), from €20,000 to €60,000
- Other debts +€38,791
up €38,791 (+82.0%), from €47,313 to €86,105
- Tax, wage and social debts +€24,444
up €24,444 (+511%), from €4,784 to €29,228
- Reserves +€13,000
up €13,000 (+7.5%), from €173,000 to €186,000
- Debts after one year -€8,193
no longer reported in 2025 (was €8,193)
- Gross operating margin +€51,030
up €51,030 (+50.3%), from €101,476 to €152,506
- Taxes +€19,140
up €19,140 (+85.9%), from €22,280 to €41,420
- Depreciation +€1,679
up €1,679 (+9.4%), from €17,882 to €19,561
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.
Derived cash bridge
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 | €264,705 | €333,589 | +€68,884 | +26.0% |
| Fixed assets | 21/28 | €45,960 | €47,760 | +€1,800 | +3.9% |
| Tangible fixed assets | 22/27 | €45,901 | €47,701 | +€1,800 | +3.9% |
| Furniture and vehicles | 24 | €29,924 | €17,390 | -€12,534 | -41.9% |
| Other tangible fixed assets | 26 | €15,977 | €30,311 | +€14,334 | +89.7% |
| Financial fixed assets | 28 | €59 | €59 | = | 0.0% |
| Current assets | 29/58 | €218,745 | €285,829 | +€67,084 | +30.7% |
| Amounts receivable within one year | 40/41 | €17,705 | €87,167 | +€69,462 | +392% |
| Trade receivables | 40 | €12,705 | €78,683 | +€65,978 | +519% |
| Other amounts receivable | 41 | €5,000 | €8,484 | +€3,484 | +69.7% |
| Current investments | 50/53 | €20,000 | €60,000 | +€40,000 | +200% |
| Cash at bank and in hand | 54/58 | €179,072 | €136,925 | -€42,147 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,968 | €1,737 | -€231 | -11.7% |
| Total equity and liabilities | 10/49 | €264,705 | €333,589 | +€68,884 | +26.0% |
| Equity | 10/15 | €186,425 | €200,215 | +€13,790 | +7.4% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €173,000 | €186,000 | +€13,000 | +7.5% |
| Distributable reserves | 133 | €173,000 | €186,000 | +€13,000 | +7.5% |
| Profit (loss) carried forward | 14 | €5,368 | €6,159 | +€790 | +14.7% |
| Amounts payable | 17/49 | €78,281 | €133,374 | +€55,094 | +70.4% |
| Amounts payable after more than one year | 17 | €8,193 | - | -€8,193 | |
| Financial debts | 170/4 | €8,193 | - | -€8,193 | |
| Amounts payable within one year | 42/48 | €70,088 | €133,356 | +€63,269 | +90.3% |
| Current portion of amounts payable after more than one year | 42 | €8,095 | €8,193 | +€98 | +1.2% |
| Trade debts | 44 | €9,895 | €9,831 | -€64 | -0.6% |
| Suppliers | 440/4 | €9,895 | €9,831 | -€64 | -0.6% |
| Taxes, remuneration and social security | 45 | €4,784 | €29,228 | +€24,444 | +511% |
| Taxes | 450/3 | €4,784 | €29,228 | +€24,444 | +511% |
| Other amounts payable | 47/48 | €47,313 | €86,105 | +€38,791 | +82.0% |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,882 | €19,561 | +€1,679 | +9.4% |
| Other operating charges | 640/8 | €919 | €948 | +€30 | +3.2% |
| Gross operating margin | 9900 | €101,476 | €152,506 | +€51,030 | +50.3% |
| Operating profit (loss) | 9901 | €82,675 | €131,997 | +€49,322 | +59.7% |
| Financial income | 75/76B | €1,978 | €2,492 | +€513 | +26.0% |
| Recurring financial income | 75 | €1,978 | €2,492 | +€513 | +26.0% |
| Financial charges | 65/66B | €444 | €279 | -€165 | -37.2% |
| Recurring financial charges | 65 | €444 | €279 | -€165 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €84,210 | €134,211 | +€50,001 | +59.4% |
| Income taxes | 67/77 | €22,280 | €41,420 | +€19,140 | +85.9% |
| Profit (loss) for the period | 9904 | €61,930 | €92,790 | +€30,860 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,930 | €92,790 | +€30,860 | +49.8% |
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 31 October 2026 via checked.be.