N M TRANSPORT: what changed
N M TRANSPORT
Largest movements
- Tangible fixed assets +€65,246
up €65,246 (+531%), from €12,276 to €77,522
- Cash +€63,875
up €63,875 (+103%), from €62,177 to €126,052
mainly Trade debts (+€62,726) and Debts after one year (+€44,348)
- Receivables within one year +€48,893
up €48,893 (+66.8%), from €73,206 to €122,099
of which Trade receivables: +€57,636
- Financial fixed assets -€13,500
down €13,500 (-96.4%), from €14,000 to €500
- Trade debts +€62,726
up €62,726 (+479%), from €13,088 to €75,813
- Debts after one year +€44,348
up €44,348 (+809%), from €5,484 to €49,832
- Tax, wage and social debts +€23,346
up €23,346 (+101%), from €23,068 to €46,414
of which Remuneration and social security: +€13,030
- Profit (loss) carried forward +€18,566
up €18,566 (+17.9%), from €103,982 to €122,549
- Current portion of long-term debt +€15,528
up €15,528 (+212%), from €7,312 to €22,840
- Turnover -€248,671
no longer reported in 2025 (was €248,671)
- Purchases and services -€194,503
no longer reported in 2025 (was €194,503)
- Staff costs +€20,248
new in 2025: €20,248
- Gross operating margin +€10,094
up €10,094 (+14.7%), from €68,702 to €78,796
- Depreciation +€5,734
up €5,734 (+45.1%), from €12,701 to €18,435
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 | €161,660 | €326,174 | +€164,514 | +102% |
| Fixed assets | 21/28 | €26,276 | €78,022 | +€51,746 | +197% |
| Tangible fixed assets | 22/27 | €12,276 | €77,522 | +€65,246 | +531% |
| Furniture and vehicles | 24 | €12,276 | €77,522 | +€65,246 | +531% |
| Financial fixed assets | 28 | €14,000 | €500 | -€13,500 | -96.4% |
| Current assets | 29/58 | €135,384 | €248,152 | +€112,768 | +83.3% |
| Amounts receivable within one year | 40/41 | €73,206 | €122,099 | +€48,893 | +66.8% |
| Trade receivables | 40 | €42,950 | €100,586 | +€57,636 | +134% |
| Other amounts receivable | 41 | €30,256 | €21,513 | -€8,743 | -28.9% |
| Cash at bank and in hand | 54/58 | €62,177 | €126,052 | +€63,875 | +103% |
| Total equity and liabilities | 10/49 | €161,660 | €326,174 | +€164,514 | +102% |
| Equity | 10/15 | €110,532 | €129,098 | +€18,566 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €350 | €350 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €350 | +€350 | |
| Reserves not available under the articles | 1311 | - | €350 | +€350 | |
| Distributable reserves | 133 | €350 | - | -€350 | |
| Profit (loss) carried forward | 14 | €103,982 | €122,549 | +€18,566 | +17.9% |
| Amounts payable | 17/49 | €51,128 | €197,076 | +€145,948 | +285% |
| Amounts payable after more than one year | 17 | €5,484 | €49,832 | +€44,348 | +809% |
| Financial debts | 170/4 | €5,484 | €49,832 | +€44,348 | +809% |
| Amounts payable within one year | 42/48 | €45,644 | €147,244 | +€101,600 | +223% |
| Current portion of amounts payable after more than one year | 42 | €7,312 | €22,840 | +€15,528 | +212% |
| Trade debts | 44 | €13,088 | €75,813 | +€62,726 | +479% |
| Suppliers | 440/4 | €13,088 | €75,813 | +€62,726 | +479% |
| Taxes, remuneration and social security | 45 | €23,068 | €46,414 | +€23,346 | +101% |
| Taxes | 450/3 | €22,918 | €33,235 | +€10,317 | +45.0% |
| Remuneration and social security | 454/9 | €150 | €13,180 | +€13,030 | +8,686% |
| Other amounts payable | 47/48 | €2,176 | €2,176 | = | 0.0% |
| Turnover | 70 | €248,671 | - | -€248,671 | |
| Non-recurring operating income | 76A | €14,534 | - | -€14,534 | |
| Goods, raw materials, services and sundry goods | 60/61 | €194,503 | - | -€194,503 | |
| Remuneration, social security and pensions | 62 | - | €20,248 | +€20,248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,701 | €18,435 | +€5,734 | +45.1% |
| Other operating charges | 640/8 | €4,396 | €5,364 | +€968 | +22.0% |
| Non-recurring operating charges | 66A | €6,538 | - | -€6,538 | |
| Gross operating margin | 9900 | €68,702 | €78,796 | +€10,094 | +14.7% |
| Operating profit (loss) | 9901 | €45,068 | €34,749 | -€10,319 | -22.9% |
| Financial income | 75/76B | - | €658 | +€658 | |
| Recurring financial income | 75 | - | €658 | +€658 | |
| Financial charges | 65/66B | €2,418 | €7,539 | +€5,120 | +212% |
| Recurring financial charges | 65 | €2,418 | €7,539 | +€5,120 | +212% |
| Profit (loss) for the period before taxes | 9903 | €42,649 | €27,868 | -€14,781 | -34.7% |
| Income taxes | 67/77 | €12,965 | €9,302 | -€3,664 | -28.3% |
| Profit (loss) for the period | 9904 | €29,684 | €18,566 | -€11,117 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,684 | €18,566 | -€11,117 | -37.5% |
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 3 November 2026 via checked.be.