NM LOGISTICS AND TRANSPORT: 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 LOGISTICS AND TRANSPORT
Largest movements
- Receivables within one year -€4,627
down €4,627 (-15.1%), from €30,744 to €26,117
of which Trade receivables: -€7,402
- Cash -€4,491
no longer reported in 2025 (was €4,491)
mainly Tax, wage and social debts (-€5,464) and Net result for the year (-€2,855)
- Tangible fixed assets -€384
down €384 (-37.2%), from €1,032 to €648
- Tax, wage and social debts -€5,464
down €5,464 (-43.2%), from €12,660 to €7,196
- Profit (loss) carried forward -€2,855
new in 2025: -€2,855
- Trade debts -€1,183
down €1,183 (-48.8%), from €2,425 to €1,242
- Gross operating margin -€25,946
down €25,946, from €25,448 to -€498
- Taxes -€6,874
down €6,874 (-97.2%), from €7,071 to €197
- Financial charges +€760
up €760 (+224%), from €339 to €1,099
of which Non-recurring financial charges: +€591
- Other operating charges -€351
down €351 (-51.5%), from €682 to €331
- Depreciation +€264
up €264 (+221%), from €120 to €384
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 | €36,322 | €26,820 | -€9,502 | -26.2% |
| Fixed assets | 21/28 | €1,087 | €703 | -€384 | -35.3% |
| Tangible fixed assets | 22/27 | €1,032 | €648 | -€384 | -37.2% |
| Furniture and vehicles | 24 | €1,032 | €648 | -€384 | -37.2% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €35,235 | €26,117 | -€9,118 | -25.9% |
| Amounts receivable within one year | 40/41 | €30,744 | €26,117 | -€4,627 | -15.1% |
| Trade receivables | 40 | €7,402 | - | -€7,402 | |
| Other amounts receivable | 41 | €23,343 | €26,117 | +€2,774 | +11.9% |
| Cash at bank and in hand | 54/58 | €4,491 | - | -€4,491 | |
| Total equity and liabilities | 10/49 | €36,322 | €26,820 | -€9,502 | -26.2% |
| Equity | 10/15 | €21,237 | €18,382 | -€2,855 | -13.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €17,237 | €17,237 | = | 0.0% |
| Distributable reserves | 133 | €17,237 | €17,237 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,855 | -€2,855 | |
| Amounts payable | 17/49 | €15,085 | €8,438 | -€6,647 | -44.1% |
| Amounts payable within one year | 42/48 | €15,085 | €8,438 | -€6,647 | -44.1% |
| Trade debts | 44 | €2,425 | €1,242 | -€1,183 | -48.8% |
| Suppliers | 440/4 | €2,425 | €1,242 | -€1,183 | -48.8% |
| Taxes, remuneration and social security | 45 | €12,660 | €7,196 | -€5,464 | -43.2% |
| Taxes | 450/3 | €12,660 | €7,196 | -€5,464 | -43.2% |
| Non-recurring operating income | 76A | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120 | €384 | +€264 | +221% |
| Other operating charges | 640/8 | €682 | €331 | -€351 | -51.5% |
| Non-recurring operating charges | 66A | - | €347 | +€347 | |
| Gross operating margin | 9900 | €25,448 | -€498 | -€25,946 | |
| Operating profit (loss) | 9901 | €24,646 | -€1,559 | -€26,205 | |
| Financial charges | 65/66B | €339 | €1,099 | +€760 | +224% |
| Recurring financial charges | 65 | €139 | €308 | +€169 | +122% |
| Non-recurring financial charges | 66B | €200 | €791 | +€591 | +296% |
| Profit (loss) for the period before taxes | 9903 | €24,307 | -€2,658 | -€26,965 | |
| Income taxes | 67/77 | €7,071 | €197 | -€6,874 | -97.2% |
| Profit (loss) for the period | 9904 | €17,237 | -€2,855 | -€20,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,237 | -€2,855 | -€20,092 |
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 1 November 2026 via checked.be.