N.M.K.: 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.K.
Largest movements
- Stocks and contracts -€3,170
down €3,170 (-19.4%), from €16,300 to €13,130
- Cash -€2,767
down €2,767 (-16.3%), from €16,981 to €14,214
mainly Net result for the year (-€3,662) and Tax, wage and social debts (-€2,134)
- Profit (loss) carried forward -€3,662
down €3,662 (-31.0%), from €11,824 to €8,162
- Tax, wage and social debts -€2,134
no longer reported in 2025 (was €2,134)
- Turnover -€27,914
down €27,914 (-27.6%), from €101,120 to €73,205
- Purchases and services -€16,889
down €16,889 (-18.1%), from €93,330 to €76,441
- Gross operating margin -€11,026
down €11,026, from €7,789 to -€3,236
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 | €33,284 | €27,518 | -€5,766 | -17.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €33,284 | €27,518 | -€5,766 | -17.3% |
| Stocks and contracts in progress | 3 | €16,300 | €13,130 | -€3,170 | -19.4% |
| Stocks | 30/36 | €16,300 | €13,130 | -€3,170 | -19.4% |
| Amounts receivable within one year | 40/41 | €4 | €174 | +€170 | +4,617% |
| Other amounts receivable | 41 | €4 | €174 | +€170 | +4,617% |
| Cash at bank and in hand | 54/58 | €16,981 | €14,214 | -€2,767 | -16.3% |
| Total equity and liabilities | 10/49 | €33,284 | €27,518 | -€5,766 | -17.3% |
| Equity | 10/15 | €30,424 | €26,762 | -€3,662 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,824 | €8,162 | -€3,662 | -31.0% |
| Amounts payable | 17/49 | €2,860 | €756 | -€2,104 | -73.6% |
| Amounts payable within one year | 42/48 | €2,860 | €756 | -€2,104 | -73.6% |
| Trade debts | 44 | €726 | €756 | +€30 | +4.1% |
| Suppliers | 440/4 | €726 | €756 | +€30 | +4.1% |
| Taxes, remuneration and social security | 45 | €2,134 | - | -€2,134 | |
| Taxes | 450/3 | €2,134 | - | -€2,134 | |
| Turnover | 70 | €101,120 | €73,205 | -€27,914 | -27.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,330 | €76,441 | -€16,889 | -18.1% |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | €7,789 | -€3,236 | -€11,026 | |
| Operating profit (loss) | 9901 | €7,709 | -€3,316 | -€11,026 | |
| Financial charges | 65/66B | €258 | €346 | +€89 | +34.4% |
| Recurring financial charges | 65 | €258 | €346 | +€89 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €7,452 | -€3,662 | -€11,114 | |
| Profit (loss) for the period | 9904 | €7,452 | -€3,662 | -€11,114 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,452 | -€3,662 | -€11,114 |
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 25 October 2026 via checked.be.