NLM CONSTRUCT: what changed
NLM CONSTRUCT
Largest movements
- Receivables within one year +€34,780
up €34,780 (+211%), from €16,522 to €51,303
of which Trade receivables: +€21,862
- Cash -€15,985
down €15,985 (-42.8%), from €37,351 to €21,366
mainly Receivables within one year (-€34,780) and Investment in fixed assets (net) (-€2,607)
- Tangible fixed assets -€2,638
down €2,638 (-34.0%), from €7,752 to €5,114
of which Plant, machinery and equipment: -€1,910
- Profit (loss) carried forward +€14,384
up €14,384 (+31.0%), from €46,362 to €60,746
- Tax, wage and social debts +€1,953
up €1,953 (+56.4%), from €3,461 to €5,414
- Gross operating margin +€3,021
up €3,021 (+13.7%), from €22,055 to €25,076
- Taxes +€1,953
up €1,953 (+56.4%), from €3,461 to €5,414
- Financial income +€1,394
up €1,394 (+126,749%), from €1 to €1,395
- Depreciation +€999
up €999 (+23.5%), from €4,246 to €5,245
- Other operating charges +€805
up €805 (+489%), from €165 to €969
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,626 | €77,783 | +€16,157 | +26.2% |
| Fixed assets | 21/28 | €7,752 | €5,114 | -€2,638 | -34.0% |
| Tangible fixed assets | 22/27 | €7,752 | €5,114 | -€2,638 | -34.0% |
| Plant, machinery and equipment | 23 | €6,829 | €4,919 | -€1,910 | -28.0% |
| Furniture and vehicles | 24 | €924 | €195 | -€729 | -78.9% |
| Current assets | 29/58 | €53,873 | €72,669 | +€18,796 | +34.9% |
| Amounts receivable within one year | 40/41 | €16,522 | €51,303 | +€34,780 | +211% |
| Trade receivables | 40 | €162 | €22,024 | +€21,862 | +13,504% |
| Other amounts receivable | 41 | €16,360 | €29,279 | +€12,918 | +79.0% |
| Cash at bank and in hand | 54/58 | €37,351 | €21,366 | -€15,985 | -42.8% |
| Total equity and liabilities | 10/49 | €61,626 | €77,783 | +€16,157 | +26.2% |
| Equity | 10/15 | €48,862 | €63,246 | +€14,384 | +29.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,362 | €60,746 | +€14,384 | +31.0% |
| Amounts payable | 17/49 | €12,763 | €14,537 | +€1,774 | +13.9% |
| Amounts payable within one year | 42/48 | €12,763 | €14,537 | +€1,774 | +13.9% |
| Trade debts | 44 | €9,302 | €9,122 | -€180 | -1.9% |
| Suppliers | 440/4 | €9,302 | €9,122 | -€180 | -1.9% |
| Taxes, remuneration and social security | 45 | €3,461 | €5,414 | +€1,953 | +56.4% |
| Taxes | 450/3 | €3,461 | €5,414 | +€1,953 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,246 | €5,245 | +€999 | +23.5% |
| Other operating charges | 640/8 | €165 | €969 | +€805 | +489% |
| Gross operating margin | 9900 | €22,055 | €25,076 | +€3,021 | +13.7% |
| Operating profit (loss) | 9901 | €17,644 | €18,862 | +€1,218 | +6.9% |
| Financial income | 75/76B | €1 | €1,395 | +€1,394 | +126,749% |
| Recurring financial income | 75 | €1 | €1,395 | +€1,394 | +126,749% |
| Financial charges | 65/66B | €218 | €459 | +€241 | +110% |
| Recurring financial charges | 65 | €218 | €459 | +€241 | +110% |
| Profit (loss) for the period before taxes | 9903 | €17,427 | €19,798 | +€2,371 | +13.6% |
| Income taxes | 67/77 | €3,461 | €5,414 | +€1,953 | +56.4% |
| Profit (loss) for the period | 9904 | €13,966 | €14,384 | +€418 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,966 | €14,384 | +€418 | +3.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.