NM CONSULTING: 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 CONSULTING
Largest movements
- Current investments -€340,057
down €340,057 (-73.4%), from €463,587 to €123,530
- Tangible fixed assets -€23,458
down €23,458 (-4.5%), from €521,197 to €497,739
- Cash +€18,464
up €18,464 (+103%), from €17,982 to €36,445
mainly Current investments (+€340,057) and Depreciation (+€23,458)
- Other debts -€183,607
down €183,607 (-61.3%), from €299,462 to €115,855
- Reserves -€160,459
down €160,459 (-23.7%), from €677,529 to €517,070
of which Distributable reserves: -€160,459
- Gross operating margin -€30,403
down €30,403 (-56.9%), from €53,440 to €23,037
- Financial income +€21,813
up €21,813 (+186%), from €11,707 to €33,520
- Financial charges -€6,978
down €6,978 (-33.1%), from €21,053 to €14,075
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 | €1,019,585 | €669,969 | -€349,616 | -34.3% |
| Fixed assets | 21/28 | €521,197 | €497,739 | -€23,458 | -4.5% |
| Tangible fixed assets | 22/27 | €521,197 | €497,739 | -€23,458 | -4.5% |
| Land and buildings | 22 | €521,197 | €497,739 | -€23,458 | -4.5% |
| Current assets | 29/58 | €498,387 | €172,230 | -€326,158 | -65.4% |
| Amounts receivable within one year | 40/41 | €16,819 | €12,254 | -€4,565 | -27.1% |
| Trade receivables | 40 | €3,243 | €1,695 | -€1,547 | -47.7% |
| Other amounts receivable | 41 | €13,576 | €10,559 | -€3,018 | -22.2% |
| Current investments | 50/53 | €463,587 | €123,530 | -€340,057 | -73.4% |
| Cash at bank and in hand | 54/58 | €17,982 | €36,445 | +€18,464 | +103% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,019,585 | €669,969 | -€349,616 | -34.3% |
| Equity | 10/15 | €696,129 | €535,670 | -€160,459 | -23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €677,529 | €517,070 | -€160,459 | -23.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €245 | €245 | = | 0.0% |
| Distributable reserves | 133 | €675,424 | €514,965 | -€160,459 | -23.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €323,456 | €134,298 | -€189,157 | -58.5% |
| Amounts payable within one year | 42/48 | €303,380 | €121,637 | -€181,744 | -59.9% |
| Trade debts | 44 | €1,205 | €2,665 | +€1,461 | +121% |
| Suppliers | 440/4 | €1,205 | €2,665 | +€1,461 | +121% |
| Taxes, remuneration and social security | 45 | €2,713 | €3,116 | +€403 | +14.8% |
| Taxes | 450/3 | €2,713 | €3,116 | +€403 | +14.8% |
| Other amounts payable | 47/48 | €299,462 | €115,855 | -€183,607 | -61.3% |
| Accrued charges and deferred income | 492/3 | €20,075 | €12,662 | -€7,413 | -36.9% |
| Non-recurring operating income | 76A | €25,846 | €0 | -€25,846 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,458 | €23,458 | = | 0.0% |
| Other operating charges | 640/8 | €2,982 | €2,845 | -€138 | -4.6% |
| Gross operating margin | 9900 | €53,440 | €23,037 | -€30,403 | -56.9% |
| Operating profit (loss) | 9901 | €26,999 | -€3,266 | -€30,265 | |
| Financial income | 75/76B | €11,707 | €33,520 | +€21,813 | +186% |
| Recurring financial income | 75 | €11,707 | €33,520 | +€21,813 | +186% |
| Financial charges | 65/66B | €21,053 | €14,075 | -€6,978 | -33.1% |
| Recurring financial charges | 65 | €21,053 | €14,075 | -€6,978 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €17,653 | €16,179 | -€1,474 | -8.4% |
| Income taxes | 67/77 | €5,103 | €5,426 | +€323 | +6.3% |
| Profit (loss) for the period | 9904 | €12,551 | €10,753 | -€1,797 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,551 | €10,753 | -€1,797 | -14.3% |
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 14 October 2026 via checked.be.