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NLMA: 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.

What changed

NLMA

BE 0471.944.689
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€80,538
2023 · -€10,601+€91,139
Equity
€78,557
2023 · €97,974-€19,417
Cash
€69,298
2023 · €566+€68,732
Balance sheet total
€117,144
2023 · €197,687-€80,543

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€144,986

    no longer reported in 2024 (was €144,986)

  • Cash +€68,732

    up €68,732 (+12134.7%), from €566 to €69,298

    mainly Investment in fixed assets (net) (+€144,986) and Net result for the year (+€80,538)

  • Deferred charges and accrued income -€5,165

    no longer reported in 2024 (was €5,165)

Equity and liabilities
  • Reserves +€112,476

    up €112,476 (+246333.8%), from €46 to €112,522

    of which Tax-exempt reserves: +€112,476

  • Revaluation surpluses -€99,954

    no longer reported in 2024 (was €99,954)

  • Debts after one year -€88,419

    no longer reported in 2024 (was €88,419)

  • Provisions +€37,492

    new in 2024: €37,492

  • Profit (loss) carried forward -€31,938

    down €31,938 (-49.9%), from -€63,999 to -€95,938

Income statement
  • Gross operating margin +€152,325

    up €152,325, from -€2,373 to €149,952

  • Taxes +€14,093

    new in 2024: €14,093

  • Financial charges +€6,868

    up €6,868 (+1480.8%), from €464 to €7,331

  • Depreciation -€5,886

    no longer reported in 2024 (was €5,886)

  • Other operating charges -€2,521

    down €2,521 (-47.0%), from €5,359 to €2,839

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€10,601
Gross operating margin +€152,325
Depreciation +€5,886
Other operating charges +€2,521
Other operating items -€10,165
Financial income -€975
Financial charges -€6,868
Taxes -€14,093
Deferred taxes and other -€37,492
Result 2024 €80,538

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€116,827
Investment +€144,986
Financing -€193,081
Cash 2023 €566
Net result for the year +€80,538
Receivables within one year -€876
Deferred charges and accrued income +€5,165
Provisions +€37,492
Trade debts -€5,492
Investment in fixed assets (net) +€144,986
Debts after one year -€88,419
Current portion of long-term debt -€4,708
Contributions, distributions and other -€99,954
Cash 2024 €69,298
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €197,687 €117,144 -€80,543 -40.7%
Fixed assets 21/28 €144,986 - -€144,986
Tangible fixed assets 22/27 €144,986 - -€144,986
Land and buildings 22 €144,986 - -€144,986
Current assets 29/58 €52,700 €117,144 +€64,443 +122.3%
Amounts receivable within one year 40/41 €46,969 €47,845 +€876 +1.9%
Other amounts receivable 41 €46,969 €47,845 +€876 +1.9%
Cash at bank and in hand 54/58 €566 €69,298 +€68,732 +12134.7%
Deferred charges and accrued income 490/1 €5,165 - -€5,165
Total equity and liabilities 10/49 €197,687 €117,144 -€80,543 -40.7%
Equity 10/15 €97,974 €78,557 -€19,417 -19.8%
Contributions 10/11 €61,973 €61,973 = 0.0%
Capital 10 €61,973 €61,973 = 0.0%
Issued capital 100 €61,973 €61,973 = 0.0%
Revaluation surpluses 12 €99,954 - -€99,954
Reserves 13 €46 €112,522 +€112,476 +246333.8%
Tax-exempt reserves 132 - €112,476 +€112,476
Distributable reserves 133 €46 €46 = 0.0%
Profit (loss) carried forward 14 -€63,999 -€95,938 -€31,938 -49.9%
Provisions and deferred taxes 16 - €37,492 +€37,492
Deferred taxes 168 - €37,492 +€37,492
Amounts payable 17/49 €99,712 €1,094 -€98,618 -98.9%
Amounts payable after more than one year 17 €88,419 - -€88,419
Financial debts 170/4 €88,419 - -€88,419
Amounts payable within one year 42/48 €11,294 €1,094 -€10,199 -90.3%
Current portion of amounts payable after more than one year 42 €4,708 - -€4,708
Trade debts 44 €6,586 €1,094 -€5,492 -83.4%
Suppliers 440/4 €6,586 €1,094 -€5,492 -83.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,886 - -€5,886
Other operating charges 640/8 €5,359 €2,839 -€2,521 -47.0%
Non-recurring operating charges 66A - €10,165 +€10,165
Gross operating margin 9900 -€2,373 €149,952 +€152,325
Operating profit (loss) 9901 -€13,619 €136,948 +€150,567
Financial income 75/76B €3,481 €2,506 -€975 -28.0%
Recurring financial income 75 €3,481 €2,506 -€975 -28.0%
Financial charges 65/66B €464 €7,331 +€6,868 +1480.8%
Recurring financial charges 65 €464 €7,331 +€6,868 +1480.8%
Profit (loss) for the period before taxes 9903 -€10,601 €132,123 +€142,724
Transfer to deferred taxes 680 - €37,492 +€37,492
Income taxes 67/77 - €14,093 +€14,093
Profit (loss) for the period 9904 -€10,601 €80,538 +€91,139
Transfer to tax-exempt reserves 689 - €112,476 +€112,476
Profit (loss) for the period to be appropriated 9905 -€10,601 -€31,938 -€21,337 -201.3%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.