NBMC: 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.
NBMC
Largest movements
- Cash +€32,458
up €32,458 (+1971.6%), from €1,646 to €34,104
mainly Net result for the year (+€34,532) and Tax, wage and social debts (+€15,497)
- Receivables within one year +€22,238
up €22,238 (+445.9%), from €4,987 to €27,225
of which Trade receivables: +€26,465
- Tangible fixed assets -€5,519
down €5,519 (-20.4%), from €27,043 to €21,523
of which Furniture and vehicles: -€5,160
- Profit (loss) carried forward +€34,532
up €34,532 (+1849.4%), from €1,867 to €36,399
- Tax, wage and social debts +€15,497
up €15,497 (+422.7%), from €3,666 to €19,163
- Trade debts -€838
down €838 (-88.5%), from €948 to €109
- Gross operating margin +€46,640
up €46,640 (+1440.1%), from €3,239 to €49,879
- Taxes +€8,308
up €8,308 (+1608.8%), from €516 to €8,825
- Depreciation +€4,965
up €4,965 (+895.1%), from €555 to €5,519
- Other operating charges +€684
up €684 (+247.4%), from €276 to €960
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.
Cash bridge derived
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 | €33,676 | €82,852 | +€49,177 | +146.0% |
| Fixed assets | 21/28 | €27,043 | €21,523 | -€5,519 | -20.4% |
| Tangible fixed assets | 22/27 | €27,043 | €21,523 | -€5,519 | -20.4% |
| Plant, machinery and equipment | 23 | €1,667 | €1,307 | -€360 | -21.6% |
| Furniture and vehicles | 24 | €25,375 | €20,216 | -€5,160 | -20.3% |
| Current assets | 29/58 | €6,633 | €61,329 | +€54,696 | +824.6% |
| Amounts receivable within one year | 40/41 | €4,987 | €27,225 | +€22,238 | +445.9% |
| Trade receivables | 40 | €760 | €27,225 | +€26,465 | +3484.3% |
| Other amounts receivable | 41 | €4,227 | - | -€4,227 | |
| Cash at bank and in hand | 54/58 | €1,646 | €34,104 | +€32,458 | +1971.6% |
| Total equity and liabilities | 10/49 | €33,676 | €82,852 | +€49,177 | +146.0% |
| Equity | 10/15 | €3,367 | €37,899 | +€34,532 | +1025.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,867 | €36,399 | +€34,532 | +1849.4% |
| Amounts payable | 17/49 | €30,308 | €44,953 | +€14,645 | +48.3% |
| Amounts payable within one year | 42/48 | €30,295 | €44,953 | +€14,659 | +48.4% |
| Trade debts | 44 | €948 | €109 | -€838 | -88.5% |
| Suppliers | 440/4 | €948 | €109 | -€838 | -88.5% |
| Taxes, remuneration and social security | 45 | €3,666 | €19,163 | +€15,497 | +422.7% |
| Taxes | 450/3 | €3,666 | €19,163 | +€15,497 | +422.7% |
| Other amounts payable | 47/48 | €25,681 | €25,681 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €14 | - | -€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €555 | €5,519 | +€4,965 | +895.1% |
| Other operating charges | 640/8 | €276 | €960 | +€684 | +247.4% |
| Gross operating margin | 9900 | €3,239 | €49,879 | +€46,640 | +1440.1% |
| Operating profit (loss) | 9901 | €2,408 | €43,400 | +€40,992 | +1702.6% |
| Financial charges | 65/66B | €24 | €43 | +€19 | +79.0% |
| Recurring financial charges | 65 | €24 | €43 | +€19 | +79.0% |
| Profit (loss) for the period before taxes | 9903 | €2,384 | €43,357 | +€40,973 | +1718.9% |
| Income taxes | 67/77 | €516 | €8,825 | +€8,308 | +1608.8% |
| Profit (loss) for the period | 9904 | €1,867 | €34,532 | +€32,665 | +1749.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,867 | €34,532 | +€32,665 | +1749.4% |
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 10 October 2026 via checked.be.