NEMES: 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.
NEMES
Largest movements
- Receivables within one year +€23,498
up €23,498 (+39.5%), from €59,446 to €82,944
of which Trade receivables: +€21,215
- Tangible fixed assets +€20,926
up €20,926 (+56.8%), from €36,825 to €57,751
of which Furniture and vehicles: +€26,598
- Cash -€9,073
down €9,073 (-49.4%), from €18,373 to €9,301
mainly Investment in fixed assets (net) (-€41,315) and Receivables within one year (-€23,498)
- Deferred charges and accrued income +€1,954
up €1,954 (+92.5%), from €2,112 to €4,066
- Trade debts +€19,120
up €19,120 (+151%), from €12,639 to €31,759
- Profit (loss) carried forward -€13,405
down €13,405 (-28.1%), from €47,641 to €34,236
- Tax, wage and social debts +€11,308
up €11,308 (+188%), from €6,011 to €17,319
- Current portion of long-term debt +€10,904
up €10,904 (+74.5%), from €14,641 to €25,545
- Debts after one year +€9,379
up €9,379 (+30.4%), from €30,824 to €40,203
- Gross operating margin +€9,492
up €9,492 (+23.8%), from €39,816 to €49,308
- Financial charges +€2,782
up €2,782 (+95.5%), from €2,912 to €5,694
- Depreciation +€2,181
up €2,181 (+12.0%), from €18,208 to €20,389
- Staff costs +€1,460
new in 2025: €1,460
- Taxes +€1,044
up €1,044 (+16.0%), from €6,546 to €7,590
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 | €116,756 | €154,061 | +€37,306 | +32.0% |
| Fixed assets | 21/28 | €36,825 | €57,751 | +€20,926 | +56.8% |
| Tangible fixed assets | 22/27 | €36,825 | €57,751 | +€20,926 | +56.8% |
| Plant, machinery and equipment | 23 | €276 | €2,004 | +€1,728 | +626% |
| Furniture and vehicles | 24 | €23,452 | €50,050 | +€26,598 | +113% |
| Leasing and similar rights | 25 | €13,097 | €5,697 | -€7,400 | -56.5% |
| Current assets | 29/58 | €79,931 | €96,310 | +€16,379 | +20.5% |
| Amounts receivable within one year | 40/41 | €59,446 | €82,944 | +€23,498 | +39.5% |
| Trade receivables | 40 | €20,734 | €41,950 | +€21,215 | +102% |
| Other amounts receivable | 41 | €38,711 | €40,994 | +€2,283 | +5.9% |
| Cash at bank and in hand | 54/58 | €18,373 | €9,301 | -€9,073 | -49.4% |
| Deferred charges and accrued income | 490/1 | €2,112 | €4,066 | +€1,954 | +92.5% |
| Total equity and liabilities | 10/49 | €116,756 | €154,061 | +€37,306 | +32.0% |
| Equity | 10/15 | €52,641 | €39,236 | -€13,405 | -25.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,641 | €34,236 | -€13,405 | -28.1% |
| Amounts payable | 17/49 | €64,115 | €114,826 | +€50,711 | +79.1% |
| Amounts payable after more than one year | 17 | €30,824 | €40,203 | +€9,379 | +30.4% |
| Financial debts | 170/4 | €30,824 | €40,203 | +€9,379 | +30.4% |
| Amounts payable within one year | 42/48 | €33,291 | €74,623 | +€41,332 | +124% |
| Current portion of amounts payable after more than one year | 42 | €14,641 | €25,545 | +€10,904 | +74.5% |
| Trade debts | 44 | €12,639 | €31,759 | +€19,120 | +151% |
| Suppliers | 440/4 | €12,639 | €31,759 | +€19,120 | +151% |
| Taxes, remuneration and social security | 45 | €6,011 | €17,319 | +€11,308 | +188% |
| Taxes | 450/3 | €6,011 | €17,319 | +€11,308 | +188% |
| Remuneration, social security and pensions | 62 | - | €1,460 | +€1,460 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,208 | €20,389 | +€2,181 | +12.0% |
| Other operating charges | 640/8 | €4,859 | €4,585 | -€274 | -5.6% |
| Gross operating margin | 9900 | €39,816 | €49,308 | +€9,492 | +23.8% |
| Operating profit (loss) | 9901 | €16,750 | €22,875 | +€6,125 | +36.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,912 | €5,694 | +€2,782 | +95.5% |
| Recurring financial charges | 65 | €2,912 | €5,694 | +€2,782 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | €13,838 | €17,185 | +€3,347 | +24.2% |
| Income taxes | 67/77 | €6,546 | €7,590 | +€1,044 | +16.0% |
| Profit (loss) for the period | 9904 | €7,292 | €9,595 | +€2,303 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,292 | €9,595 | +€2,303 | +31.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.