NM-Tech: 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-Tech
Largest movements
- Deferred charges and accrued income -€12,344
no longer reported in 2026 (was €12,344)
- Tangible fixed assets -€8,549
down €8,549 (-33.4%), from €25,579 to €17,030
of which Furniture and vehicles: -€7,003
- Receivables within one year -€6,680
down €6,680 (-79.5%), from €8,399 to €1,719
of which Trade receivables: -€4,715
- Cash +€3,388
up €3,388 (+430.7%), from €787 to €4,174
mainly Deferred charges and accrued income (+€12,344) and Depreciation (+€8,549)
- Trade debts -€9,593
down €9,593 (-41.8%), from €22,951 to €13,358
- Debts after one year -€6,705
down €6,705 (-36.6%), from €18,306 to €11,601
- Profit (loss) carried forward -€5,223
down €5,223 (-95.8%), from €5,449 to €227
- Tax, wage and social debts -€2,288
down €2,288 (-91.2%), from €2,507 to €219
of which Remuneration and social security: -€2,268
- Other debts +€1,782
new in 2026: €1,782
- Gross operating margin -€16,441
down €16,441 (-29.6%), from €55,498 to €39,057
- Staff costs -€12,729
down €12,729 (-29.4%), from €43,252 to €30,523
- Financial charges -€840
down €840 (-16.6%), from €5,064 to €4,225
of which Non-recurring financial charges: -€3,331
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,272 | €43,892 | -€24,380 | -35.7% |
| Fixed assets | 21/28 | €25,784 | €17,235 | -€8,549 | -33.2% |
| Tangible fixed assets | 22/27 | €25,579 | €17,030 | -€8,549 | -33.4% |
| Plant, machinery and equipment | 23 | €3,462 | €2,062 | -€1,400 | -40.4% |
| Furniture and vehicles | 24 | €20,915 | €13,911 | -€7,003 | -33.5% |
| Other tangible fixed assets | 26 | €1,203 | €1,057 | -€146 | -12.2% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €42,488 | €26,657 | -€15,831 | -37.3% |
| Stocks and contracts in progress | 3 | €20,959 | €20,764 | -€195 | -0.9% |
| Stocks | 30/36 | €20,959 | €20,764 | -€195 | -0.9% |
| Amounts receivable within one year | 40/41 | €8,399 | €1,719 | -€6,680 | -79.5% |
| Trade receivables | 40 | €6,434 | €1,719 | -€4,715 | -73.3% |
| Other amounts receivable | 41 | €1,965 | - | -€1,965 | |
| Cash at bank and in hand | 54/58 | €787 | €4,174 | +€3,388 | +430.7% |
| Deferred charges and accrued income | 490/1 | €12,344 | - | -€12,344 | |
| Total equity and liabilities | 10/49 | €68,272 | €43,892 | -€24,380 | -35.7% |
| Equity | 10/15 | €15,449 | €10,227 | -€5,223 | -33.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,449 | €227 | -€5,223 | -95.8% |
| Amounts payable | 17/49 | €52,822 | €33,665 | -€19,157 | -36.3% |
| Amounts payable after more than one year | 17 | €18,306 | €11,601 | -€6,705 | -36.6% |
| Financial debts | 170/4 | €18,306 | €11,601 | -€6,705 | -36.6% |
| Amounts payable within one year | 42/48 | €33,617 | €22,064 | -€11,552 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €8,159 | €6,705 | -€1,454 | -17.8% |
| Trade debts | 44 | €22,951 | €13,358 | -€9,593 | -41.8% |
| Suppliers | 440/4 | €22,951 | €13,358 | -€9,593 | -41.8% |
| Taxes, remuneration and social security | 45 | €2,507 | €219 | -€2,288 | -91.2% |
| Taxes | 450/3 | €239 | €219 | -€19 | -8.1% |
| Remuneration and social security | 454/9 | €2,268 | - | -€2,268 | |
| Other amounts payable | 47/48 | - | €1,782 | +€1,782 | |
| Accrued charges and deferred income | 492/3 | €900 | - | -€900 | |
| Remuneration, social security and pensions | 62 | €43,252 | €30,523 | -€12,729 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,897 | €8,549 | -€348 | -3.9% |
| Other operating charges | 640/8 | €1,156 | €953 | -€203 | -17.5% |
| Gross operating margin | 9900 | €55,498 | €39,057 | -€16,441 | -29.6% |
| Operating profit (loss) | 9901 | €2,193 | -€968 | -€3,161 | |
| Financial income | 75/76B | €326 | €112 | -€214 | -65.7% |
| Recurring financial income | 75 | €326 | €112 | -€214 | -65.7% |
| Financial charges | 65/66B | €5,064 | €4,225 | -€840 | -16.6% |
| Recurring financial charges | 65 | €1,733 | €4,225 | +€2,492 | +143.8% |
| Non-recurring financial charges | 66B | €3,331 | - | -€3,331 | |
| Profit (loss) for the period before taxes | 9903 | -€2,545 | -€5,081 | -€2,536 | -99.7% |
| Income taxes | 67/77 | €141 | €142 | +€1 | +0.8% |
| Profit (loss) for the period | 9904 | -€2,685 | -€5,223 | -€2,537 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,685 | -€5,223 | -€2,537 | -94.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.