NEMEAS: 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.
NEMEAS
Largest movements
- Cash -€18,723
down €18,723 (-22.8%), from €82,282 to €63,560
mainly Contributions, distributions and other (-€76,473) and Investment in fixed assets (net) (-€5,835)
- Receivables within one year -€10,499
down €10,499 (-73.4%), from €14,308 to €3,809
of which Other amounts receivable: -€12,055
- Deferred charges and accrued income -€8,764
down €8,764 (-28.1%), from €31,214 to €22,450
- Tangible fixed assets -€2,564
down €2,564 (-4.5%), from €56,603 to €54,039
of which Furniture and vehicles: -€3,470
- Reserves -€50,444
down €50,444 (-30.6%), from €164,886 to €114,442
of which Distributable reserves: -€47,944
- Tax, wage and social debts +€8,197
up €8,197 (+214%), from €3,823 to €12,020
- Other debts -€5,154
down €5,154 (-75.3%), from €6,847 to €1,693
- Short-term financial debts +€4,821
new in 2025: €4,821
- Contributions +€2,500
up €2,500 (+40.0%), from €6,250 to €8,750
- Gross operating margin +€52,100
up €52,100, from -€2,629 to €49,472
- Taxes +€11,868
up €11,868 (+7,801%), from €152 to €12,020
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.
Derived cash bridge
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 | €184,476 | €143,926 | -€40,550 | -22.0% |
| Fixed assets | 21/28 | €56,603 | €54,039 | -€2,564 | -4.5% |
| Tangible fixed assets | 22/27 | €56,603 | €54,039 | -€2,564 | -4.5% |
| Land and buildings | 22 | €41,295 | €41,623 | +€328 | +0.8% |
| Plant, machinery and equipment | 23 | €4,510 | €5,089 | +€579 | +12.8% |
| Furniture and vehicles | 24 | €10,798 | €7,328 | -€3,470 | -32.1% |
| Current assets | 29/58 | €127,872 | €89,886 | -€37,986 | -29.7% |
| Amounts receivable within one year | 40/41 | €14,308 | €3,809 | -€10,499 | -73.4% |
| Trade receivables | 40 | €880 | €2,437 | +€1,556 | +177% |
| Other amounts receivable | 41 | €13,428 | €1,373 | -€12,055 | -89.8% |
| Current investments | 50/53 | €68 | €68 | -€0 | -0.5% |
| Cash at bank and in hand | 54/58 | €82,282 | €63,560 | -€18,723 | -22.8% |
| Deferred charges and accrued income | 490/1 | €31,214 | €22,450 | -€8,764 | -28.1% |
| Total equity and liabilities | 10/49 | €184,476 | €143,926 | -€40,550 | -22.0% |
| Equity | 10/15 | €171,136 | €123,192 | -€47,944 | -28.0% |
| Contributions | 10/11 | €6,250 | €8,750 | +€2,500 | +40.0% |
| Reserves | 13 | €164,886 | €114,442 | -€50,444 | -30.6% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | €2,500 | - | -€2,500 | |
| Distributable reserves | 133 | €162,386 | €114,442 | -€47,944 | -29.5% |
| Amounts payable | 17/49 | €13,339 | €20,734 | +€7,394 | +55.4% |
| Amounts payable within one year | 42/48 | €13,339 | €20,734 | +€7,394 | +55.4% |
| Financial debts | 43 | - | €4,821 | +€4,821 | |
| Credit institutions | 430/8 | - | €4,821 | +€4,821 | |
| Trade debts | 44 | €2,670 | €2,199 | -€470 | -17.6% |
| Suppliers | 440/4 | €2,670 | €2,199 | -€470 | -17.6% |
| Taxes, remuneration and social security | 45 | €3,823 | €12,020 | +€8,197 | +214% |
| Taxes | 450/3 | €3,823 | €12,020 | +€8,197 | +214% |
| Other amounts payable | 47/48 | €6,847 | €1,693 | -€5,154 | -75.3% |
| Remuneration, social security and pensions | 62 | €232 | €245 | +€13 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,314 | €8,399 | +€85 | +1.0% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | -€2,629 | €49,472 | +€52,100 | |
| Operating profit (loss) | 9901 | -€11,322 | €40,678 | +€52,000 | |
| Financial income | 75/76B | €9 | €109 | +€100 | +1,098% |
| Recurring financial income | 75 | €9 | €109 | +€100 | +1,098% |
| Financial charges | 65/66B | €620 | €237 | -€383 | -61.8% |
| Recurring financial charges | 65 | €620 | €237 | -€383 | -61.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,933 | €40,549 | +€52,483 | |
| Income taxes | 67/77 | €152 | €12,020 | +€11,868 | +7,801% |
| Profit (loss) for the period | 9904 | -€12,086 | €28,529 | +€40,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,086 | €28,529 | +€40,615 |
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 14 October 2026 via checked.be.