NEMUS: 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.
NEMUS
Largest movements
- Stocks and contracts +€85,683
up €85,683 (+125.0%), from €68,550 to €154,234
- Tangible fixed assets +€4,834
up €4,834 (+10.3%), from €47,040 to €51,873
of which Furniture and vehicles: +€7,802
- Other debts +€152,256
up €152,256 (+858.4%), from €17,738 to €169,994
- Trade debts -€39,233
down €39,233 (-32.4%), from €121,074 to €81,842
- Profit (loss) carried forward -€24,988
down €24,988 (-113.4%), from -€22,042 to -€47,030
- Contributions +€2,500
new in 2025: €2,500
- Gross operating margin +€3,898
up €3,898 (+24.5%), from -€15,880 to -€11,982
- Depreciation +€3,636
up €3,636 (+59.0%), from €6,158 to €9,794
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 | €116,775 | €207,305 | +€90,531 | +77.5% |
| Fixed assets | 21/28 | €47,040 | €51,873 | +€4,834 | +10.3% |
| Tangible fixed assets | 22/27 | €47,040 | €51,873 | +€4,834 | +10.3% |
| Plant, machinery and equipment | 23 | €41,869 | €38,900 | -€2,968 | -7.1% |
| Furniture and vehicles | 24 | €5,171 | €12,973 | +€7,802 | +150.9% |
| Current assets | 29/58 | €69,735 | €155,432 | +€85,697 | +122.9% |
| Stocks and contracts in progress | 3 | €68,550 | €154,234 | +€85,683 | +125.0% |
| Stocks | 30/36 | €68,550 | €154,234 | +€85,683 | +125.0% |
| Amounts receivable within one year | 40/41 | €1,185 | €1,055 | -€129 | -10.9% |
| Trade receivables | 40 | - | €814 | +€814 | |
| Other amounts receivable | 41 | €1,185 | €241 | -€943 | -79.6% |
| Cash at bank and in hand | 54/58 | - | €143 | +€143 | |
| Total equity and liabilities | 10/49 | €116,775 | €207,305 | +€90,531 | +77.5% |
| Equity | 10/15 | -€22,042 | -€44,530 | -€22,488 | -102.0% |
| Contributions | 10/11 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | -€22,042 | -€47,030 | -€24,988 | -113.4% |
| Amounts payable | 17/49 | €138,816 | €251,835 | +€113,019 | +81.4% |
| Amounts payable within one year | 42/48 | €138,816 | €251,835 | +€113,019 | +81.4% |
| Financial debts | 43 | €4 | - | -€4 | |
| Credit institutions | 430/8 | €4 | - | -€4 | |
| Trade debts | 44 | €121,074 | €81,842 | -€39,233 | -32.4% |
| Suppliers | 440/4 | €121,074 | €81,842 | -€39,233 | -32.4% |
| Other amounts payable | 47/48 | €17,738 | €169,994 | +€152,256 | +858.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,158 | €9,794 | +€3,636 | +59.0% |
| Other operating charges | 640/8 | - | €145 | +€145 | |
| Gross operating margin | 9900 | -€15,880 | -€11,982 | +€3,898 | +24.5% |
| Operating profit (loss) | 9901 | -€22,038 | -€21,921 | +€117 | +0.5% |
| Financial charges | 65/66B | €4 | €61 | +€57 | +1378.1% |
| Recurring financial charges | 65 | €4 | €61 | +€57 | +1378.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,042 | -€21,983 | +€59 | +0.3% |
| Profit (loss) for the period | 9904 | -€22,042 | -€21,983 | +€59 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,042 | -€21,983 | +€59 | +0.3% |
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 12 October 2026 via checked.be.