NEMPO: 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.
NEMPO
Largest movements
- Receivables within one year +€22,129
up €22,129 (+82.6%), from €26,800 to €48,929
of which Trade receivables: +€20,762
- Cash -€13,712
down €13,712 (-35.9%), from €38,212 to €24,500
mainly Contributions, distributions and other (-€34,488) and Debts after one year (-€31,034)
- Tangible fixed assets -€6,605
down €6,605 (-28.4%), from €23,228 to €16,623
- Current investments +€4,604
up €4,604 (+16.5%), from €27,921 to €32,525
- Financial fixed assets +€4,250
new in 2025: €4,250
- Reserves +€57,926
up €57,926 (+134%), from €43,211 to €101,137
- Debts after one year -€31,034
down €31,034 (-100%), from €31,034 to €0
- Other debts -€14,791
down €14,791 (-60.5%), from €24,464 to €9,673
- Tax, wage and social debts +€8,775
up €8,775 (+1,260%), from €697 to €9,472
of which Taxes: +€8,775
- Current portion of long-term debt -€4,441
down €4,441 (-91.3%), from €4,866 to €425
- Gross operating margin +€75,196
up €75,196 (+132%), from €57,090 to €132,286
- Taxes +€20,394
up €20,394 (+166%), from €12,292 to €32,686
- Financial charges -€4,268
down €4,268 (-81.4%), from €5,241 to €973
- Financial income +€1,550
up €1,550 (+398%), from €390 to €1,940
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 | €135,950 | €147,880 | +€11,930 | +8.8% |
| Fixed assets | 21/28 | €23,311 | €20,873 | -€2,437 | -10.5% |
| Intangible fixed assets | 21 | €82 | €0 | -€82 | -100% |
| Tangible fixed assets | 22/27 | €23,228 | €16,623 | -€6,605 | -28.4% |
| Land and buildings | 22 | €3,675 | €2,695 | -€980 | -26.7% |
| Plant, machinery and equipment | 23 | €4,102 | €2,580 | -€1,521 | -37.1% |
| Furniture and vehicles | 24 | €8,084 | €4,912 | -€3,171 | -39.2% |
| Other tangible fixed assets | 26 | €7,368 | €6,436 | -€932 | -12.7% |
| Financial fixed assets | 28 | - | €4,250 | +€4,250 | |
| Current assets | 29/58 | €112,639 | €127,007 | +€14,368 | +12.8% |
| Amounts receivable within one year | 40/41 | €26,800 | €48,929 | +€22,129 | +82.6% |
| Trade receivables | 40 | €25,340 | €46,102 | +€20,762 | +81.9% |
| Other amounts receivable | 41 | €1,460 | €2,826 | +€1,367 | +93.6% |
| Current investments | 50/53 | €27,921 | €32,525 | +€4,604 | +16.5% |
| Cash at bank and in hand | 54/58 | €38,212 | €24,500 | -€13,712 | -35.9% |
| Deferred charges and accrued income | 490/1 | €19,706 | €21,053 | +€1,347 | +6.8% |
| Total equity and liabilities | 10/49 | €135,950 | €147,880 | +€11,930 | +8.8% |
| Equity | 10/15 | €61,811 | €119,737 | +€57,926 | +93.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,211 | €101,137 | +€57,926 | +134% |
| Distributable reserves | 133 | €43,211 | €101,137 | +€57,926 | +134% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €74,139 | €28,143 | -€45,996 | -62.0% |
| Amounts payable after more than one year | 17 | €31,034 | €0 | -€31,034 | -100% |
| Financial debts | 170/4 | €31,034 | €0 | -€31,034 | -100% |
| Amounts payable within one year | 42/48 | €38,800 | €25,607 | -€13,193 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | €4,866 | €425 | -€4,441 | -91.3% |
| Trade debts | 44 | €8,773 | €6,037 | -€2,736 | -31.2% |
| Suppliers | 440/4 | €8,773 | €6,037 | -€2,736 | -31.2% |
| Taxes, remuneration and social security | 45 | €697 | €9,472 | +€8,775 | +1,260% |
| Taxes | 450/3 | €697 | €9,472 | +€8,775 | +1,260% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €24,464 | €9,673 | -€14,791 | -60.5% |
| Accrued charges and deferred income | 492/3 | €4,305 | €2,536 | -€1,768 | -41.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,267 | €6,687 | +€420 | +6.7% |
| Other operating charges | 640/8 | €1,302 | €1,466 | +€164 | +12.6% |
| Gross operating margin | 9900 | €57,090 | €132,286 | +€75,196 | +132% |
| Operating profit (loss) | 9901 | €49,520 | €124,133 | +€74,612 | +151% |
| Financial income | 75/76B | €390 | €1,940 | +€1,550 | +398% |
| Recurring financial income | 75 | €390 | €1,940 | +€1,550 | +398% |
| Financial charges | 65/66B | €5,241 | €973 | -€4,268 | -81.4% |
| Recurring financial charges | 65 | €5,241 | €973 | -€4,268 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €44,669 | €125,099 | +€80,430 | +180% |
| Income taxes | 67/77 | €12,292 | €32,686 | +€20,394 | +166% |
| Profit (loss) for the period | 9904 | €32,377 | €92,414 | +€60,037 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €32,377 | €92,414 | +€60,037 | +185% |
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 13 October 2026 via checked.be.