NESMA: 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.
NESMA
Largest movements
- Cash +€16
new in 2025: €16
mainly Other debts (+€7,030)
- Other debts +€7,030
up €7,030 (+18.0%), from €39,102 to €46,133
- Profit (loss) carried forward -€7,014
down €7,014 (-13.9%), from -€50,458 to -€57,473
- Other operating charges +€227
new in 2025: €227
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 | - | €16 | +€16 | |
| Current assets | 29/58 | - | €16 | +€16 | |
| Cash at bank and in hand | 54/58 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | - | €16 | +€16 | |
| Equity | 10/15 | -€39,102 | -€46,116 | -€7,014 | -17.9% |
| Contributions | 10/11 | €11,356 | €11,356 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,458 | -€57,473 | -€7,014 | -13.9% |
| Amounts payable | 17/49 | €39,102 | €46,133 | +€7,030 | +18.0% |
| Amounts payable within one year | 42/48 | €39,102 | €46,133 | +€7,030 | +18.0% |
| Other amounts payable | 47/48 | €39,102 | €46,133 | +€7,030 | +18.0% |
| Other operating charges | 640/8 | - | €227 | +€227 | |
| Gross operating margin | 9900 | -€6,733 | -€6,724 | +€8 | +0.1% |
| Operating profit (loss) | 9901 | -€6,733 | -€6,951 | -€219 | -3.2% |
| Financial charges | 65/66B | €40 | €63 | +€23 | +56.0% |
| Recurring financial charges | 65 | €40 | €63 | +€23 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,773 | -€7,014 | -€241 | -3.6% |
| Profit (loss) for the period | 9904 | -€6,773 | -€7,014 | -€241 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,773 | -€7,014 | -€241 | -3.6% |
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 6 October 2026 via checked.be.