NEMO NON: what changed
Two fiscal 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.
NEMO NON
Largest movements
- Stocks and contracts -€65,425
down €65,425 (-52.8%), from €123,868 to €58,443
- Cash +€34,206
up €34,206 (+1561.0%), from €2,191 to €36,397
mainly Stocks and contracts (+€65,425) and Depreciation (+€21,721)
- Tangible fixed assets -€21,721
down €21,721 (-8.6%), from €252,361 to €230,640
of which Land and buildings: -€14,033
- Other debts -€43,442
down €43,442 (-15.8%), from €274,755 to €231,312
- Debts after one year -€22,668
down €22,668 (-66.0%), from €34,344 to €11,676
of which Financial debts: -€22,668
- Profit (loss) carried forward +€5,793
up €5,793 (+31.5%), from €18,386 to €24,179
- Trade debts +€4,018
up €4,018 (+102.1%), from €3,934 to €7,952
- Tax, wage and social debts +€3,951
up €3,951, from €0 to €3,951
- Gross operating margin -€19,085
down €19,085 (-33.1%), from €57,741 to €38,657
- Depreciation +€6,473
up €6,473 (+42.4%), from €15,248 to €21,721
- Financial charges -€2,383
down €2,383 (-56.1%), from €4,250 to €1,867
- Other operating charges +€1,031
up €1,031 (+24.0%), from €4,294 to €5,325
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 | €383,287 | €330,889 | -€52,398 | -13.7% |
| Fixed assets | 21/28 | €252,361 | €230,640 | -€21,721 | -8.6% |
| Tangible fixed assets | 22/27 | €252,361 | €230,640 | -€21,721 | -8.6% |
| Land and buildings | 22 | €221,197 | €207,164 | -€14,033 | -6.3% |
| Plant, machinery and equipment | 23 | €2,430 | €2,025 | -€405 | -16.7% |
| Furniture and vehicles | 24 | €28,734 | €21,451 | -€7,283 | -25.3% |
| Current assets | 29/58 | €130,926 | €100,249 | -€30,678 | -23.4% |
| Stocks and contracts in progress | 3 | €123,868 | €58,443 | -€65,425 | -52.8% |
| Stocks | 30/36 | €123,868 | €58,443 | -€65,425 | -52.8% |
| Amounts receivable within one year | 40/41 | €4,046 | €4,555 | +€508 | +12.6% |
| Trade receivables | 40 | €1,196 | €2,415 | +€1,219 | +102.0% |
| Other amounts receivable | 41 | €2,851 | €2,140 | -€711 | -24.9% |
| Cash at bank and in hand | 54/58 | €2,191 | €36,397 | +€34,206 | +1561.0% |
| Deferred charges and accrued income | 490/1 | €820 | €854 | +€33 | +4.1% |
| Total equity and liabilities | 10/49 | €383,287 | €330,889 | -€52,398 | -13.7% |
| Equity | 10/15 | €40,386 | €46,179 | +€5,793 | +14.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,386 | €24,179 | +€5,793 | +31.5% |
| Amounts payable | 17/49 | €342,901 | €284,710 | -€58,192 | -17.0% |
| Amounts payable after more than one year | 17 | €34,344 | €11,676 | -€22,668 | -66.0% |
| Financial debts | 170/4 | €30,204 | €7,536 | -€22,668 | -75.0% |
| Other amounts payable | 178/9 | €4,140 | €4,140 | = | 0.0% |
| Amounts payable within one year | 42/48 | €301,357 | €265,884 | -€35,473 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €22,668 | €22,668 | = | 0.0% |
| Trade debts | 44 | €3,934 | €7,952 | +€4,018 | +102.1% |
| Suppliers | 440/4 | €3,934 | €7,952 | +€4,018 | +102.1% |
| Taxes, remuneration and social security | 45 | €0 | €3,951 | +€3,951 | |
| Taxes | 450/3 | €0 | €3,951 | +€3,951 | |
| Other amounts payable | 47/48 | €274,755 | €231,312 | -€43,442 | -15.8% |
| Accrued charges and deferred income | 492/3 | €7,200 | €7,150 | -€50 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,248 | €21,721 | +€6,473 | +42.4% |
| Other operating charges | 640/8 | €4,294 | €5,325 | +€1,031 | +24.0% |
| Gross operating margin | 9900 | €57,741 | €38,657 | -€19,085 | -33.1% |
| Operating profit (loss) | 9901 | €38,200 | €11,611 | -€26,588 | -69.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €4,250 | €1,867 | -€2,383 | -56.1% |
| Recurring financial charges | 65 | €4,250 | €1,867 | -€2,383 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €33,950 | €9,744 | -€24,206 | -71.3% |
| Income taxes | 67/77 | €3,787 | €3,951 | +€164 | +4.3% |
| Profit (loss) for the period | 9904 | €30,163 | €5,793 | -€24,370 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,163 | €5,793 | -€24,370 | -80.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.