NM CONSULTANCY: 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 CONSULTANCY
Largest movements
- Current investments +€25,075
new in 2025: €25,075
- Cash -€20,512
down €20,512 (-68.6%), from €29,901 to €9,390
mainly Contributions, distributions and other (-€50,588) and Current investments (-€25,075)
- Tangible fixed assets -€8,288
down €8,288 (-3.7%), from €223,739 to €215,451
of which Land and buildings: -€7,611
- Debts after one year -€13,185
down €13,185 (-7.0%), from €187,116 to €173,931
- Other debts +€9,865
up €9,865 (+1,364%), from €723 to €10,588
- Profit (loss) carried forward +€2,820
up €2,820 (+6.2%), from €45,580 to €48,400
- Gross operating margin -€2,021
down €2,021 (-2.3%), from €89,107 to €87,085
- Depreciation +€1,927
up €1,927 (+19.3%), from €9,967 to €11,894
- Taxes -€1,104
down €1,104 (-7.3%), from €15,100 to €13,996
- Other operating charges -€1,054
down €1,054 (-39.0%), from €2,699 to €1,645
- Financial charges +€1,045
up €1,045 (+20.2%), from €5,172 to €6,218
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 | €270,383 | €266,282 | -€4,101 | -1.5% |
| Fixed assets | 21/28 | €223,739 | €215,451 | -€8,288 | -3.7% |
| Tangible fixed assets | 22/27 | €223,739 | €215,451 | -€8,288 | -3.7% |
| Land and buildings | 22 | €197,762 | €190,151 | -€7,611 | -3.8% |
| Plant, machinery and equipment | 23 | €1,139 | €4,504 | +€3,365 | +295% |
| Furniture and vehicles | 24 | €4,729 | €3,211 | -€1,518 | -32.1% |
| Other tangible fixed assets | 26 | €20,110 | €17,586 | -€2,524 | -12.6% |
| Current assets | 29/58 | €46,644 | €50,831 | +€4,187 | +9.0% |
| Amounts receivable within one year | 40/41 | €14,080 | €16,360 | +€2,280 | +16.2% |
| Trade receivables | 40 | €9,968 | €11,400 | +€1,432 | +14.4% |
| Other amounts receivable | 41 | €4,112 | €4,960 | +€848 | +20.6% |
| Current investments | 50/53 | - | €25,075 | +€25,075 | |
| Cash at bank and in hand | 54/58 | €29,901 | €9,390 | -€20,512 | -68.6% |
| Deferred charges and accrued income | 490/1 | €2,663 | €8 | -€2,656 | -99.7% |
| Total equity and liabilities | 10/49 | €270,383 | €266,282 | -€4,101 | -1.5% |
| Equity | 10/15 | €64,180 | €67,000 | +€2,820 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,580 | €48,400 | +€2,820 | +6.2% |
| Amounts payable | 17/49 | €206,203 | €199,282 | -€6,921 | -3.4% |
| Amounts payable after more than one year | 17 | €187,116 | €173,931 | -€13,185 | -7.0% |
| Financial debts | 170/4 | €187,116 | €173,931 | -€13,185 | -7.0% |
| Amounts payable within one year | 42/48 | €19,087 | €25,351 | +€6,264 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €12,906 | €13,185 | +€279 | +2.2% |
| Trade debts | 44 | €1,932 | €575 | -€1,357 | -70.2% |
| Suppliers | 440/4 | €1,932 | €575 | -€1,357 | -70.2% |
| Taxes, remuneration and social security | 45 | €3,526 | €1,003 | -€2,523 | -71.6% |
| Taxes | 450/3 | €3,526 | €1,003 | -€2,523 | -71.6% |
| Other amounts payable | 47/48 | €723 | €10,588 | +€9,865 | +1,364% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,967 | €11,894 | +€1,927 | +19.3% |
| Other operating charges | 640/8 | €2,699 | €1,645 | -€1,054 | -39.0% |
| Gross operating margin | 9900 | €89,107 | €87,085 | -€2,021 | -2.3% |
| Operating profit (loss) | 9901 | €76,440 | €73,546 | -€2,894 | -3.8% |
| Financial income | 75/76B | - | €75 | +€75 | |
| Recurring financial income | 75 | - | €75 | +€75 | |
| Financial charges | 65/66B | €5,172 | €6,218 | +€1,045 | +20.2% |
| Recurring financial charges | 65 | €5,172 | €6,218 | +€1,045 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €71,268 | €67,404 | -€3,864 | -5.4% |
| Income taxes | 67/77 | €15,100 | €13,996 | -€1,104 | -7.3% |
| Profit (loss) for the period | 9904 | €56,168 | €53,408 | -€2,760 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,168 | €53,408 | -€2,760 | -4.9% |
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 30 October 2026 via checked.be.