NM BI SERVICES: 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.
NM BI SERVICES
Largest movements
- Tangible fixed assets +€321,307
up €321,307 (+157.7%), from €203,689 to €524,996
of which Land and buildings: +€291,489
- Cash -€95,946
down €95,946 (-87.6%), from €109,552 to €13,606
mainly Investment in fixed assets (net) (-€336,241) and Deferred charges and accrued income (-€20,473)
- Deferred charges and accrued income +€20,473
up €20,473 (+117.0%), from €17,496 to €37,970
- Receivables within one year +€13,882
up €13,882 (+36.1%), from €38,472 to €52,354
of which Other amounts receivable: +€14,091
- Debts after one year +€234,855
up €234,855 (+209.9%), from €111,899 to €346,754
- Current portion of long-term debt +€14,716
up €14,716 (+91.4%), from €16,095 to €30,811
- Other debts +€8,034
up €8,034 (+91.9%), from €8,739 to €16,774
- Gross operating margin -€62,270
down €62,270 (-53.9%), from €115,497 to €53,226
- Taxes -€13,062
down €13,062 (-63.0%), from €20,718 to €7,656
- Financial charges +€10,722
up €10,722 (+218.9%), from €4,899 to €15,621
- Financial income +€1,861
up €1,861 (+673.2%), from €277 to €2,138
- Depreciation -€1,313
down €1,313 (-8.1%), from €16,246 to €14,933
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 | €369,209 | €628,926 | +€259,716 | +70.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €203,689 | €524,996 | +€321,307 | +157.7% |
| Tangible fixed assets | 22/27 | €203,689 | €524,996 | +€321,307 | +157.7% |
| Land and buildings | 22 | €188,519 | €480,009 | +€291,489 | +154.6% |
| Plant, machinery and equipment | 23 | €2,608 | €2,086 | -€521 | -20.0% |
| Furniture and vehicles | 24 | €12,561 | €10,273 | -€2,289 | -18.2% |
| Assets under construction and advance payments | 27 | - | €32,628 | +€32,628 | |
| Current assets | 29/58 | €165,521 | €103,930 | -€61,591 | -37.2% |
| Amounts receivable within one year | 40/41 | €38,472 | €52,354 | +€13,882 | +36.1% |
| Trade receivables | 40 | €37,533 | €37,325 | -€209 | -0.6% |
| Other amounts receivable | 41 | €939 | €15,030 | +€14,091 | +1500.5% |
| Cash at bank and in hand | 54/58 | €109,552 | €13,606 | -€95,946 | -87.6% |
| Deferred charges and accrued income | 490/1 | €17,496 | €37,970 | +€20,473 | +117.0% |
| Total equity and liabilities | 10/49 | €369,209 | €628,926 | +€259,716 | +70.3% |
| Equity | 10/15 | €201,151 | €205,138 | +€3,987 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €188,751 | €192,738 | +€3,987 | +2.1% |
| Distributable reserves | 133 | €188,751 | €192,738 | +€3,987 | +2.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €168,059 | €423,788 | +€255,730 | +152.2% |
| Amounts payable after more than one year | 17 | €111,899 | €346,754 | +€234,855 | +209.9% |
| Financial debts | 170/4 | €111,899 | €346,754 | +€234,855 | +209.9% |
| Amounts payable within one year | 42/48 | €56,037 | €77,034 | +€20,997 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | €16,095 | €30,811 | +€14,716 | +91.4% |
| Trade debts | 44 | €3,909 | €3,033 | -€875 | -22.4% |
| Suppliers | 440/4 | €3,909 | €3,033 | -€875 | -22.4% |
| Advances received on contracts in progress | 46 | - | €1,036 | +€1,036 | |
| Taxes, remuneration and social security | 45 | €27,293 | €25,381 | -€1,913 | -7.0% |
| Taxes | 450/3 | €27,293 | €25,381 | -€1,913 | -7.0% |
| Other amounts payable | 47/48 | €8,739 | €16,774 | +€8,034 | +91.9% |
| Accrued charges and deferred income | 492/3 | €123 | €0 | -€123 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,246 | €14,933 | -€1,313 | -8.1% |
| Other operating charges | 640/8 | €2,882 | €1,893 | -€989 | -34.3% |
| Gross operating margin | 9900 | €115,497 | €53,226 | -€62,270 | -53.9% |
| Operating profit (loss) | 9901 | €96,369 | €36,401 | -€59,969 | -62.2% |
| Financial income | 75/76B | €277 | €2,138 | +€1,861 | +673.2% |
| Recurring financial income | 75 | €277 | €2,138 | +€1,861 | +673.2% |
| Financial charges | 65/66B | €4,899 | €15,621 | +€10,722 | +218.9% |
| Recurring financial charges | 65 | €4,899 | €15,621 | +€10,722 | +218.9% |
| Profit (loss) for the period before taxes | 9903 | €91,747 | €22,917 | -€68,830 | -75.0% |
| Income taxes | 67/77 | €20,718 | €7,656 | -€13,062 | -63.0% |
| Profit (loss) for the period | 9904 | €71,029 | €15,261 | -€55,768 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,029 | €15,261 | -€55,768 | -78.5% |
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 7 October 2026 via checked.be.