NM-IT: 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-IT
Largest movements
- Cash +€20,942
up €20,942 (+609.7%), from €3,435 to €24,377
mainly Net result for the year (+€35,485) and Depreciation (+€11,621)
- Current investments -€10,220
down €10,220 (-32.2%), from €31,781 to €21,561
- Tangible fixed assets -€9,519
down €9,519 (-23.7%), from €40,087 to €30,569
of which Furniture and vehicles: -€9,417
- Stocks and contracts +€3,140
new in 2025: €3,140
- Deferred charges and accrued income -€2,798
down €2,798 (-80.9%), from €3,458 to €660
- Reserves +€34,885
up €34,885 (+50.8%), from €68,634 to €103,519
- Other debts -€33,676
down €33,676 (-84.5%), from €39,841 to €6,164
- Trade debts +€2,046
up €2,046 (+36.8%), from €5,554 to €7,600
- Gross operating margin +€9,469
up €9,469 (+19.6%), from €48,195 to €57,664
- Depreciation -€3,467
down €3,467 (-23.0%), from €15,088 to €11,621
- Taxes +€2,631
up €2,631 (+37.0%), from €7,111 to €9,742
- Other operating charges -€878
down €878 (-47.9%), from €1,832 to €954
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 | €119,725 | €123,363 | +€3,638 | +3.0% |
| Fixed assets | 21/28 | €40,087 | €30,569 | -€9,519 | -23.7% |
| Tangible fixed assets | 22/27 | €40,087 | €30,569 | -€9,519 | -23.7% |
| Plant, machinery and equipment | 23 | €2,284 | €2,182 | -€102 | -4.4% |
| Furniture and vehicles | 24 | €37,804 | €28,387 | -€9,417 | -24.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €79,638 | €92,794 | +€13,156 | +16.5% |
| Stocks and contracts in progress | 3 | - | €3,140 | +€3,140 | |
| Stocks | 30/36 | - | €3,140 | +€3,140 | |
| Amounts receivable within one year | 40/41 | €40,964 | €43,056 | +€2,093 | +5.1% |
| Trade receivables | 40 | €38,749 | €43,056 | +€4,307 | +11.1% |
| Other amounts receivable | 41 | €2,215 | €0 | -€2,215 | -100.0% |
| Current investments | 50/53 | €31,781 | €21,561 | -€10,220 | -32.2% |
| Cash at bank and in hand | 54/58 | €3,435 | €24,377 | +€20,942 | +609.7% |
| Deferred charges and accrued income | 490/1 | €3,458 | €660 | -€2,798 | -80.9% |
| Total equity and liabilities | 10/49 | €119,725 | €123,363 | +€3,638 | +3.0% |
| Equity | 10/15 | €70,634 | €105,519 | +€34,885 | +49.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €68,634 | €103,519 | +€34,885 | +50.8% |
| Distributable reserves | 133 | €68,634 | €103,519 | +€34,885 | +50.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,091 | €17,844 | -€31,247 | -63.7% |
| Amounts payable within one year | 42/48 | €49,091 | €17,843 | -€31,248 | -63.7% |
| Trade debts | 44 | €5,554 | €7,600 | +€2,046 | +36.8% |
| Suppliers | 440/4 | €5,554 | €7,600 | +€2,046 | +36.8% |
| Taxes, remuneration and social security | 45 | €3,696 | €4,079 | +€382 | +10.3% |
| Taxes | 450/3 | €3,696 | €4,079 | +€382 | +10.3% |
| Other amounts payable | 47/48 | €39,841 | €6,164 | -€33,676 | -84.5% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | +€0 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,088 | €11,621 | -€3,467 | -23.0% |
| Other operating charges | 640/8 | €1,832 | €954 | -€878 | -47.9% |
| Gross operating margin | 9900 | €48,195 | €57,664 | +€9,469 | +19.6% |
| Operating profit (loss) | 9901 | €31,275 | €45,089 | +€13,814 | +44.2% |
| Financial income | 75/76B | €115 | €293 | +€179 | +155.6% |
| Recurring financial income | 75 | €115 | €293 | +€179 | +155.6% |
| Financial charges | 65/66B | €148 | €156 | +€7 | +5.0% |
| Recurring financial charges | 65 | €148 | €156 | +€7 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €31,242 | €45,227 | +€13,985 | +44.8% |
| Income taxes | 67/77 | €7,111 | €9,742 | +€2,631 | +37.0% |
| Profit (loss) for the period | 9904 | €24,131 | €35,485 | +€11,354 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,131 | €35,485 | +€11,354 | +47.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.