NM COMPANY: 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.
NM COMPANY
Largest movements
- Receivables within one year -€20,175
down €20,175 (-90.1%), from €22,392 to €2,217
of which Other amounts receivable: -€20,175
- Cash +€3,481
up €3,481 (+23.5%), from €14,785 to €18,267
mainly Receivables within one year (+€20,175) and Other debts (+€13,443)
- Tangible fixed assets +€2,446
up €2,446 (+13.2%), from €18,550 to €20,996
of which Plant, machinery and equipment: +€3,952
- Profit (loss) carried forward -€19,772
down €19,772, from €7,769 to -€12,003
- Other debts +€13,443
new in 2025: €13,443
- Debts after one year -€7,814
down €7,814 (-50.3%), from €15,521 to €7,707
- Trade debts -€4,821
down €4,821 (-64.7%), from €7,450 to €2,628
- Tax, wage and social debts +€4,515
up €4,515 (+37.4%), from €12,073 to €16,587
of which Remuneration and social security: +€3,023
- Gross operating margin -€10,783
down €10,783 (-49.1%), from €21,974 to €11,191
- Staff costs +€9,275
up €9,275 (+66.8%), from €13,891 to €23,167
- Other operating charges +€1,952
up €1,952 (+370%), from €528 to €2,480
- Depreciation +€1,220
up €1,220 (+58.2%), from €2,097 to €3,317
- Taxes -€367
down €367 (-69.1%), from €531 to €164
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.
Derived cash bridge
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 | €56,051 | €42,177 | -€13,874 | -24.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €18,550 | €20,996 | +€2,446 | +13.2% |
| Tangible fixed assets | 22/27 | €18,550 | €20,996 | +€2,446 | +13.2% |
| Plant, machinery and equipment | 23 | - | €3,952 | +€3,952 | |
| Furniture and vehicles | 24 | €844 | €244 | -€600 | -71.1% |
| Other tangible fixed assets | 26 | €17,707 | €16,800 | -€906 | -5.1% |
| Current assets | 29/58 | €37,501 | €21,181 | -€16,320 | -43.5% |
| Amounts receivable within one year | 40/41 | €22,392 | €2,217 | -€20,175 | -90.1% |
| Trade receivables | 40 | €2,217 | €2,217 | = | 0.0% |
| Other amounts receivable | 41 | €20,175 | - | -€20,175 | |
| Cash at bank and in hand | 54/58 | €14,785 | €18,267 | +€3,481 | +23.5% |
| Deferred charges and accrued income | 490/1 | €324 | €697 | +€374 | +115% |
| Total equity and liabilities | 10/49 | €56,051 | €42,177 | -€13,874 | -24.8% |
| Equity | 10/15 | €13,769 | -€6,003 | -€19,772 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,769 | -€12,003 | -€19,772 | |
| Amounts payable | 17/49 | €42,281 | €48,180 | +€5,898 | +14.0% |
| Amounts payable after more than one year | 17 | €15,521 | €7,707 | -€7,814 | -50.3% |
| Financial debts | 170/4 | €15,521 | €7,707 | -€7,814 | -50.3% |
| Amounts payable within one year | 42/48 | €26,761 | €40,473 | +€13,712 | +51.2% |
| Current portion of amounts payable after more than one year | 42 | €7,238 | €7,814 | +€575 | +8.0% |
| Trade debts | 44 | €7,450 | €2,628 | -€4,821 | -64.7% |
| Suppliers | 440/4 | €7,450 | €2,628 | -€4,821 | -64.7% |
| Taxes, remuneration and social security | 45 | €12,073 | €16,587 | +€4,515 | +37.4% |
| Taxes | 450/3 | €7,527 | €9,018 | +€1,491 | +19.8% |
| Remuneration and social security | 454/9 | €4,546 | €7,569 | +€3,023 | +66.5% |
| Other amounts payable | 47/48 | - | €13,443 | +€13,443 | |
| Remuneration, social security and pensions | 62 | €13,891 | €23,167 | +€9,275 | +66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,097 | €3,317 | +€1,220 | +58.2% |
| Other operating charges | 640/8 | €528 | €2,480 | +€1,952 | +370% |
| Gross operating margin | 9900 | €21,974 | €11,191 | -€10,783 | -49.1% |
| Operating profit (loss) | 9901 | €5,457 | -€17,773 | -€23,230 | |
| Financial charges | 65/66B | €2,137 | €1,835 | -€302 | -14.1% |
| Recurring financial charges | 65 | €2,137 | €1,835 | -€302 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €3,320 | -€19,608 | -€22,928 | |
| Income taxes | 67/77 | €531 | €164 | -€367 | -69.1% |
| Profit (loss) for the period | 9904 | €2,789 | -€19,772 | -€22,561 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,789 | -€19,772 | -€22,561 |
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 17 October 2026 via checked.be.