NEMOCO: 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.
NEMOCO
Largest movements
- Financial fixed assets +€550,000
new in 2025: €550,000
- Receivables within one year -€76,152
down €76,152 (-66.7%), from €114,088 to €37,936
of which Trade receivables: -€92,807
- Deferred charges and accrued income -€26,167
down €26,167 (-98.4%), from €26,580 to €413
- Cash +€17,847
up €17,847 (+33.0%), from €54,025 to €71,872
mainly Debts after one year (+€352,695) and Net result for the year (+€166,828)
- Debts after one year +€352,695
new in 2025: €352,695
- Reserves +€166,828
up €166,828 (+139%), from €120,115 to €286,943
- Other debts -€120,000
down €120,000 (-100%), from €120,000 to €0
- Current portion of long-term debt +€47,305
new in 2025: €47,305
- Tax, wage and social debts +€22,010
up €22,010 (+89.3%), from €24,646 to €46,656
- Gross operating margin +€69,480
up €69,480 (+43.3%), from €160,361 to €229,842
- Taxes +€20,191
up €20,191 (+53.4%), from €37,790 to €57,981
- Financial income -€6,343
down €6,343 (-97.9%), from €6,478 to €134
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 | €272,810 | €740,800 | +€467,991 | +172% |
| Fixed assets | 21/28 | €6,117 | €558,424 | +€552,307 | +9,030% |
| Tangible fixed assets | 22/27 | €6,117 | €8,424 | +€2,307 | +37.7% |
| Land and buildings | 22 | €2,081 | €1,146 | -€934 | -44.9% |
| Plant, machinery and equipment | 23 | €253 | €0 | -€253 | -100% |
| Furniture and vehicles | 24 | €3,783 | €7,278 | +€3,495 | +92.4% |
| Financial fixed assets | 28 | - | €550,000 | +€550,000 | |
| Current assets | 29/58 | €266,693 | €182,376 | -€84,317 | -31.6% |
| Amounts receivable within one year | 40/41 | €114,088 | €37,936 | -€76,152 | -66.7% |
| Trade receivables | 40 | €105,270 | €12,463 | -€92,807 | -88.2% |
| Other amounts receivable | 41 | €8,818 | €25,473 | +€16,655 | +189% |
| Current investments | 50/53 | €72,000 | €72,155 | +€155 | +0.2% |
| Cash at bank and in hand | 54/58 | €54,025 | €71,872 | +€17,847 | +33.0% |
| Deferred charges and accrued income | 490/1 | €26,580 | €413 | -€26,167 | -98.4% |
| Total equity and liabilities | 10/49 | €272,810 | €740,800 | +€467,991 | +172% |
| Equity | 10/15 | €125,115 | €291,943 | +€166,828 | +133% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €120,115 | €286,943 | +€166,828 | +139% |
| Distributable reserves | 133 | €120,115 | €286,943 | +€166,828 | +139% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €147,695 | €448,857 | +€301,162 | +204% |
| Amounts payable after more than one year | 17 | - | €352,695 | +€352,695 | |
| Financial debts | 170/4 | - | €352,695 | +€352,695 | |
| Amounts payable within one year | 42/48 | €147,695 | €96,162 | -€51,533 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | - | €47,305 | +€47,305 | |
| Trade debts | 44 | €3,048 | €2,201 | -€847 | -27.8% |
| Suppliers | 440/4 | €3,048 | €2,201 | -€847 | -27.8% |
| Taxes, remuneration and social security | 45 | €24,646 | €46,656 | +€22,010 | +89.3% |
| Taxes | 450/3 | €24,646 | €46,656 | +€22,010 | +89.3% |
| Other amounts payable | 47/48 | €120,000 | €0 | -€120,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,210 | €3,617 | +€407 | +12.7% |
| Other operating charges | 640/8 | €1,400 | €976 | -€425 | -30.3% |
| Gross operating margin | 9900 | €160,361 | €229,842 | +€69,480 | +43.3% |
| Operating profit (loss) | 9901 | €155,751 | €225,249 | +€69,497 | +44.6% |
| Financial income | 75/76B | €6,478 | €134 | -€6,343 | -97.9% |
| Recurring financial income | 75 | €6,478 | €134 | -€6,343 | -97.9% |
| Financial charges | 65/66B | €202 | €574 | +€372 | +184% |
| Recurring financial charges | 65 | €202 | €574 | +€372 | +184% |
| Profit (loss) for the period before taxes | 9903 | €162,027 | €224,809 | +€62,782 | +38.7% |
| Income taxes | 67/77 | €37,790 | €57,981 | +€20,191 | +53.4% |
| Profit (loss) for the period | 9904 | €124,237 | €166,828 | +€42,591 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €124,237 | €166,828 | +€42,591 | +34.3% |
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 19 October 2026 via checked.be.