NEM CONSTRUCT: 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.
NEM CONSTRUCT
Largest movements
- Receivables within one year -€38,963
down €38,963 (-43.8%), from €89,011 to €50,048
of which Other amounts receivable: -€24,920
- Cash -€3,229
down €3,229 (-88.4%), from €3,655 to €425
mainly Trade debts (-€47,884) and Tax, wage and social debts (-€5,072)
- Trade debts -€47,884
down €47,884 (-99.6%), from €48,064 to €179
- Other debts +€9,860
new in 2023: €9,860
- Tax, wage and social debts -€5,072
down €5,072 (-67.6%), from €7,501 to €2,430
- Profit (loss) carried forward +€1,499
up €1,499 (+4.7%), from €32,126 to €33,625
- Gross operating margin +€26,626
up €26,626 (+278.2%), from €9,571 to €36,197
- Financial charges +€16,802
up €16,802 (+1869.2%), from €899 to €17,701
- Write-downs +€15,262
new in 2023: €15,262
- Other operating charges +€562
up €562 (+161.7%), from €348 to €909
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,890 | €52,294 | -€41,597 | -44.3% |
| Formation expenses | 20 | €156 | - | -€156 | |
| Fixed assets | 21/28 | €1,069 | €1,069 | = | 0.0% |
| Financial fixed assets | 28 | €1,069 | €1,069 | = | 0.0% |
| Current assets | 29/58 | €92,666 | €51,225 | -€41,441 | -44.7% |
| Amounts receivable within one year | 40/41 | €89,011 | €50,048 | -€38,963 | -43.8% |
| Trade receivables | 40 | €58,075 | €44,031 | -€14,044 | -24.2% |
| Other amounts receivable | 41 | €30,936 | €6,016 | -€24,920 | -80.6% |
| Cash at bank and in hand | 54/58 | €3,655 | €425 | -€3,229 | -88.4% |
| Deferred charges and accrued income | 490/1 | - | €752 | +€752 | |
| Total equity and liabilities | 10/49 | €93,890 | €52,294 | -€41,597 | -44.3% |
| Equity | 10/15 | €38,326 | €39,825 | +€1,499 | +3.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,126 | €33,625 | +€1,499 | +4.7% |
| Amounts payable | 17/49 | €55,565 | €12,469 | -€43,096 | -77.6% |
| Amounts payable within one year | 42/48 | €55,565 | €12,469 | -€43,096 | -77.6% |
| Trade debts | 44 | €48,064 | €179 | -€47,884 | -99.6% |
| Suppliers | 440/4 | €48,064 | €179 | -€47,884 | -99.6% |
| Taxes, remuneration and social security | 45 | €7,501 | €2,430 | -€5,072 | -67.6% |
| Taxes | 450/3 | €7,501 | €2,430 | -€5,072 | -67.6% |
| Other amounts payable | 47/48 | - | €9,860 | +€9,860 | |
| Non-recurring operating income | 76A | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | €156 | -€156 | -50.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,262 | +€15,262 | |
| Other operating charges | 640/8 | €348 | €909 | +€562 | +161.7% |
| Gross operating margin | 9900 | €9,571 | €36,197 | +€26,626 | +278.2% |
| Operating profit (loss) | 9901 | €8,912 | €19,869 | +€10,958 | +123.0% |
| Financial charges | 65/66B | €899 | €17,701 | +€16,802 | +1869.2% |
| Recurring financial charges | 65 | €899 | €17,701 | +€16,802 | +1869.2% |
| Profit (loss) for the period before taxes | 9903 | €8,013 | €2,169 | -€5,844 | -72.9% |
| Income taxes | 67/77 | €923 | €670 | -€253 | -27.4% |
| Profit (loss) for the period | 9904 | €7,090 | €1,499 | -€5,591 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,090 | €1,499 | -€5,591 | -78.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.