NEMODIA: 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.
NEMODIA
Largest movements
- Tangible fixed assets -€255,164
down €255,164 (-99.1%), from €257,607 to €2,443
of which Land and buildings: -€256,068
- Cash +€228,181
up €228,181 (+2,400%), from €9,508 to €237,689
mainly Investment in fixed assets (net) (+€254,454) and Net result for the year (+€180,196)
- Receivables within one year +€129,974
up €129,974 (+516%), from €25,206 to €155,180
of which Other amounts receivable: +€129,726
- Reserves +€173,256
up €173,256 (+9,340%), from €1,855 to €175,111
of which Tax-exempt reserves: +€173,256
- Revaluation surpluses -€137,076
down €137,076 (-100%), from €137,076 to €0
- Provisions +€57,752
new in 2025: €57,752
- Profit (loss) carried forward +€6,940
up €6,940 (+1.7%), from -€417,177 to -€410,237
- Financial charges -€274,085
down €274,085 (-99.1%), from €276,448 to €2,363
of which Non-recurring financial charges: -€273,330
- Financial income +€231,008
up €231,008, from €0 to €231,008
of which Financial income: +€231,008
- Write-downs -€11,101
down €11,101 (-100%), from €11,101 to €0
- Gross operating margin +€5,901
up €5,901 (+81.8%), from €7,214 to €13,116
- Depreciation -€5,843
down €5,843 (-85.1%), from €6,864 to €1,022
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 | €321,761 | €424,440 | +€102,679 | +31.9% |
| Formation expenses | 20 | €372 | €61 | -€311 | -83.6% |
| Fixed assets | 21/28 | €286,675 | €31,511 | -€255,164 | -89.0% |
| Tangible fixed assets | 22/27 | €257,607 | €2,443 | -€255,164 | -99.1% |
| Land and buildings | 22 | €256,068 | €0 | -€256,068 | -100% |
| Furniture and vehicles | 24 | €1,539 | €2,443 | +€904 | +58.8% |
| Financial fixed assets | 28 | €29,068 | €29,068 | = | 0.0% |
| Current assets | 29/58 | €34,714 | €392,869 | +€358,155 | +1,032% |
| Amounts receivable within one year | 40/41 | €25,206 | €155,180 | +€129,974 | +516% |
| Trade receivables | 40 | €21,531 | €21,780 | +€249 | +1.2% |
| Other amounts receivable | 41 | €3,674 | €133,400 | +€129,726 | +3,531% |
| Cash at bank and in hand | 54/58 | €9,508 | €237,689 | +€228,181 | +2,400% |
| Total equity and liabilities | 10/49 | €321,761 | €424,440 | +€102,679 | +31.9% |
| Equity | 10/15 | €55,304 | €98,424 | +€43,120 | +78.0% |
| Contributions | 10/11 | €333,550 | €333,550 | = | 0.0% |
| Revaluation surpluses | 12 | €137,076 | €0 | -€137,076 | -100% |
| Reserves | 13 | €1,855 | €175,111 | +€173,256 | +9,340% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €173,256 | +€173,256 | |
| Profit (loss) carried forward | 14 | -€417,177 | -€410,237 | +€6,940 | +1.7% |
| Provisions and deferred taxes | 16 | - | €57,752 | +€57,752 | |
| Deferred taxes | 168 | - | €57,752 | +€57,752 | |
| Amounts payable | 17/49 | €266,457 | €268,265 | +€1,808 | +0.7% |
| Amounts payable after more than one year | 17 | €186,180 | €187,580 | +€1,400 | +0.8% |
| Financial debts | 170/4 | €62,600 | €64,000 | +€1,400 | +2.2% |
| Other amounts payable | 178/9 | €123,580 | €123,580 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,277 | €80,685 | +€408 | +0.5% |
| Trade debts | 44 | €396 | €1,439 | +€1,043 | +263% |
| Suppliers | 440/4 | €396 | €1,439 | +€1,043 | +263% |
| Taxes, remuneration and social security | 45 | €9,600 | €8,148 | -€1,452 | -15.1% |
| Taxes | 450/3 | €600 | €8,148 | +€7,548 | +1,258% |
| Remuneration and social security | 454/9 | €9,000 | €0 | -€9,000 | -100% |
| Other amounts payable | 47/48 | €70,281 | €71,097 | +€816 | +1.2% |
| Non-recurring operating income | 76A | €1,113 | €0 | -€1,113 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,864 | €1,022 | -€5,843 | -85.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,101 | €0 | -€11,101 | -100% |
| Other operating charges | 640/8 | €2,204 | €2,791 | +€587 | +26.6% |
| Non-recurring operating charges | 66A | €200 | €0 | -€200 | -100% |
| Gross operating margin | 9900 | €7,214 | €13,116 | +€5,901 | +81.8% |
| Operating profit (loss) | 9901 | -€13,155 | €9,303 | +€22,458 | |
| Financial income | 75/76B | €0 | €231,008 | +€231,008 | |
| Recurring financial income | 75 | €0 | €231,008 | +€231,008 | |
| Non-recurring financial income | 76B | - | €231,008 | +€231,008 | |
| Financial charges | 65/66B | €276,448 | €2,363 | -€274,085 | -99.1% |
| Recurring financial charges | 65 | €3,118 | €2,363 | -€755 | -24.2% |
| Non-recurring financial charges | 66B | €273,330 | €0 | -€273,330 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€289,603 | €237,948 | +€527,551 | |
| Transfer to deferred taxes | 680 | - | €57,752 | +€57,752 | |
| Profit (loss) for the period | 9904 | -€289,603 | €180,196 | +€469,799 | |
| Transfer to tax-exempt reserves | 689 | - | €173,256 | +€173,256 | |
| Profit (loss) for the period to be appropriated | 9905 | -€289,603 | €6,940 | +€296,543 |
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 23 October 2026 via checked.be.