NEDERMAN: what changed
What changed
NEDERMAN
NACE 46.720, Wholesale of motor vehicle parts and accessories
filed annual accounts (NBB)
Net result for the year
€381,351
2024 · €576,651-€195,300
Equity
€193,269
2024 · €211,917-€18,649
Cash
€314,071
2024 · €277,599+€36,473
Balance sheet total
€2.3m
2024 · €3.7m-€1.5m
Largest movements
Assets
- Receivables within one year -€927,232
down €927,232 (-35.4%), from €2.6m to €1.7m
of which Other amounts receivable: -€770,518
- Stocks and contracts -€564,904
down €564,904 (-69.8%), from €809,369 to €244,465
of which Contracts in progress: -€561,218
Equity and liabilities
- Other debts -€700,000
down €700,000 (-63.1%), from €1.1m to €410,000
- Advances received -€554,667
down €554,667 (-64.9%), from €854,466 to €299,799
- Trade debts -€245,153
down €245,153 (-34.5%), from €710,010 to €464,857
- Provisions +€147,000
new in 2025: €147,000
- Accrued charges and deferred income -€100,150
down €100,150 (-97.2%), from €103,000 to €2,850
Income statement
- Gross operating margin -€264,018
down €264,018 (-9.9%), from €2.7m to €2.4m
- Taxes -€81,965
down €81,965 (-37.3%), from €219,509 to €137,544
- Provisions +€49,000
new in 2025: €49,000
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.
Result 2024
€576,651
Gross operating margin
-€264,018
Staff costs
+€25,303
Write-downs
+€8,374
Provisions
-€49,000
Other operating charges
-€660
Financial charges
+€2,737
Taxes
+€81,965
Result 2025
€381,351
raises the resultlowers the result
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.
From operations
+€436,641
Investment
€0
Financing
-€400,168
Cash 2024
€277,599
From operations (derived)
+€436,641
Net result for the year
+€381,351
Depreciation
+€933
Stocks and contracts
+€564,904
Receivables within one year
+€927,232
Deferred charges and accrued income
-€1,036
Provisions
+€147,000
Trade debts
-€245,153
Tax, wage and social debts
+€16,224
Advances received
-€554,667
Other debts
-€700,000
Accrued charges and deferred income
-€100,150
Financing
-€400,168
Short-term financial debts
-€168
Contributions, distributions and other
-€400,000
Cash 2025
€314,071
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,716,755 | €2,261,193 | -€1.5m | -39.2% |
| Fixed assets | 21/28 | €1,254 | €321 | -€933 | -74.4% |
| Tangible fixed assets | 22/27 | €1,254 | €321 | -€933 | -74.4% |
| Other tangible fixed assets | 26 | €1,254 | €321 | -€933 | -74.4% |
| Current assets | 29/58 | €3,715,501 | €2,260,872 | -€1.5m | -39.2% |
| Stocks and contracts in progress | 3 | €809,369 | €244,465 | -€564,904 | -69.8% |
| Stocks | 30/36 | €9,888 | €6,202 | -€3,686 | -37.3% |
| Contracts in progress | 37 | €799,481 | €238,263 | -€561,218 | -70.2% |
| Amounts receivable within one year | 40/41 | €2,617,694 | €1,690,461 | -€927,232 | -35.4% |
| Trade receivables | 40 | €1,056,386 | €899,672 | -€156,714 | -14.8% |
| Other amounts receivable | 41 | €1,561,307 | €790,789 | -€770,518 | -49.4% |
| Cash at bank and in hand | 54/58 | €277,599 | €314,071 | +€36,473 | +13.1% |
| Deferred charges and accrued income | 490/1 | €10,839 | €11,875 | +€1,036 | +9.6% |
| Total equity and liabilities | 10/49 | €3,716,755 | €2,261,193 | -€1.5m | -39.2% |
| Equity | 10/15 | €211,917 | €193,269 | -€18,649 | -8.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,917 | €83,269 | -€18,649 | -18.3% |
| Provisions and deferred taxes | 16 | - | €147,000 | +€147,000 | |
| Provisions for liabilities and charges | 160/5 | - | €147,000 | +€147,000 | |
| Other liabilities and charges | 164/5 | - | €147,000 | +€147,000 | |
| Amounts payable | 17/49 | €3,504,838 | €1,920,924 | -€1.6m | -45.2% |
| Amounts payable within one year | 42/48 | €3,401,838 | €1,918,074 | -€1.5m | -43.6% |
| Financial debts | 43 | €168 | €0 | -€168 | -100% |
| Credit institutions | 430/8 | €168 | €0 | -€168 | -100% |
| Trade debts | 44 | €710,010 | €464,857 | -€245,153 | -34.5% |
| Suppliers | 440/4 | €710,010 | €464,857 | -€245,153 | -34.5% |
| Advances received on contracts in progress | 46 | €854,466 | €299,799 | -€554,667 | -64.9% |
| Taxes, remuneration and social security | 45 | €727,194 | €743,418 | +€16,224 | +2.2% |
| Taxes | 450/3 | €353,275 | €318,909 | -€34,366 | -9.7% |
| Remuneration and social security | 454/9 | €373,919 | €424,509 | +€50,591 | +13.5% |
| Other amounts payable | 47/48 | €1,110,000 | €410,000 | -€700,000 | -63.1% |
| Accrued charges and deferred income | 492/3 | €103,000 | €2,850 | -€100,150 | -97.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,860,158 | €1,834,855 | -€25,303 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €933 | €933 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,374 | €0 | -€8,374 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €49,000 | +€49,000 | |
| Other operating charges | 640/8 | €3,641 | €4,301 | +€660 | +18.1% |
| Gross operating margin | 9900 | €2,676,766 | €2,412,748 | -€264,018 | -9.9% |
| Operating profit (loss) | 9901 | €803,660 | €523,659 | -€280,002 | -34.8% |
| Financial charges | 65/66B | €7,500 | €4,763 | -€2,737 | -36.5% |
| Recurring financial charges | 65 | €7,500 | €4,763 | -€2,737 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €796,160 | €518,896 | -€277,264 | -34.8% |
| Income taxes | 67/77 | €219,509 | €137,544 | -€81,965 | -37.3% |
| Profit (loss) for the period | 9904 | €576,651 | €381,351 | -€195,300 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €576,651 | €381,351 | -€195,300 | -33.9% |
Next steps
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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 2 November 2026 via checked.be.