NEMATECH: 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.
NEMATECH
Largest movements
- Tangible fixed assets +€73,367
up €73,367 (+7397.7%), from €992 to €74,359
of which Furniture and vehicles: +€73,945
- Cash +€29,027
up €29,027 (+590.9%), from €4,912 to €33,940
mainly Debts after one year (+€37,501) and Trade debts (+€30,816)
- Receivables within one year +€3,593
up €3,593 (+70.9%), from €5,068 to €8,661
of which Other amounts receivable: +€2,608
- Debts after one year +€37,501
new in 2025: €37,501
- Trade debts +€30,816
up €30,816 (+1942.3%), from €1,587 to €32,402
- Other debts +€13,248
up €13,248 (+135.1%), from €9,804 to €23,053
- Profit (loss) carried forward +€12,355
up €12,355 (+3508.4%), from €352 to €12,707
- Current portion of long-term debt +€9,428
new in 2025: €9,428
- Gross operating margin -€28,723
down €28,723 (-50.6%), from €56,815 to €28,092
- Staff costs -€27,515
no longer reported in 2025 (was €27,515)
- Other operating charges +€4,297
up €4,297 (+553.3%), from €777 to €5,074
- Depreciation +€3,876
up €3,876 (+343.7%), from €1,128 to €5,004
- Taxes +€2,022
up €2,022 (+80.5%), from €2,512 to €4,534
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 | €20,070 | €125,208 | +€105,138 | +523.9% |
| Fixed assets | 21/28 | €992 | €74,359 | +€73,367 | +7397.7% |
| Tangible fixed assets | 22/27 | €992 | €74,359 | +€73,367 | +7397.7% |
| Plant, machinery and equipment | 23 | €992 | €414 | -€578 | -58.3% |
| Furniture and vehicles | 24 | - | €73,945 | +€73,945 | |
| Current assets | 29/58 | €19,078 | €50,849 | +€31,771 | +166.5% |
| Amounts receivable within one year | 40/41 | €5,068 | €8,661 | +€3,593 | +70.9% |
| Trade receivables | 40 | €5,065 | €6,050 | +€985 | +19.4% |
| Other amounts receivable | 41 | €2 | €2,611 | +€2,608 | +104746.6% |
| Cash at bank and in hand | 54/58 | €4,912 | €33,940 | +€29,027 | +590.9% |
| Deferred charges and accrued income | 490/1 | €9,098 | €8,248 | -€850 | -9.3% |
| Total equity and liabilities | 10/49 | €20,070 | €125,208 | +€105,138 | +523.9% |
| Equity | 10/15 | €3,352 | €15,707 | +€12,355 | +368.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €352 | €12,707 | +€12,355 | +3508.4% |
| Amounts payable | 17/49 | €16,717 | €109,501 | +€92,783 | +555.0% |
| Amounts payable after more than one year | 17 | - | €37,501 | +€37,501 | |
| Financial debts | 170/4 | - | €37,501 | +€37,501 | |
| Amounts payable within one year | 42/48 | €16,717 | €72,000 | +€55,283 | +330.7% |
| Current portion of amounts payable after more than one year | 42 | - | €9,428 | +€9,428 | |
| Trade debts | 44 | €1,587 | €32,402 | +€30,816 | +1942.3% |
| Suppliers | 440/4 | €1,587 | €32,402 | +€30,816 | +1942.3% |
| Taxes, remuneration and social security | 45 | €5,326 | €7,116 | +€1,790 | +33.6% |
| Taxes | 450/3 | €5,326 | €7,116 | +€1,790 | +33.6% |
| Other amounts payable | 47/48 | €9,804 | €23,053 | +€13,248 | +135.1% |
| Remuneration, social security and pensions | 62 | €27,515 | - | -€27,515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €5,004 | +€3,876 | +343.7% |
| Other operating charges | 640/8 | €777 | €5,074 | +€4,297 | +553.3% |
| Gross operating margin | 9900 | €56,815 | €28,092 | -€28,723 | -50.6% |
| Operating profit (loss) | 9901 | €27,395 | €18,014 | -€9,381 | -34.2% |
| Financial charges | 65/66B | €201 | €1,126 | +€925 | +460.0% |
| Recurring financial charges | 65 | €201 | €1,126 | +€925 | +460.0% |
| Profit (loss) for the period before taxes | 9903 | €27,194 | €16,888 | -€10,306 | -37.9% |
| Income taxes | 67/77 | €2,512 | €4,534 | +€2,022 | +80.5% |
| Profit (loss) for the period | 9904 | €24,683 | €12,355 | -€12,328 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,683 | €12,355 | -€12,328 | -49.9% |
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 12 October 2026 via checked.be.