NMATEAMWERK: 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.
NMATEAMWERK
Largest movements
- Receivables within one year -€84,996
down €84,996 (-43.7%), from €194,502 to €109,506
of which Trade receivables: -€120,000
- Tangible fixed assets -€6,722
down €6,722 (-18.5%), from €36,335 to €29,613
of which Plant, machinery and equipment: -€4,462
- Advances received -€120,000
no longer reported in 2024 (was €120,000)
- Reserves +€20,186
up €20,186 (+52.5%), from €38,460 to €58,645
- Trade debts +€10,088
up €10,088 (+35.2%), from €28,665 to €38,753
- Other debts -€8,000
down €8,000 (-31.0%), from €25,797 to €17,797
- Tax, wage and social debts +€7,027
up €7,027 (+25.5%), from €27,607 to €34,634
of which Remuneration and social security: +€4,573
- Staff costs +€14,769
up €14,769 (+47.3%), from €31,235 to €46,005
- Gross operating margin +€13,874
up €13,874 (+21.2%), from €65,480 to €79,355
- Financial income +€1,302
up €1,302 (+215%), from €607 to €1,909
- Other operating charges -€817
down €817 (-23.3%), from €3,506 to €2,689
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,329 | €151,829 | -€91,500 | -37.6% |
| Fixed assets | 21/28 | €43,835 | €37,113 | -€6,722 | -15.3% |
| Tangible fixed assets | 22/27 | €36,335 | €29,613 | -€6,722 | -18.5% |
| Plant, machinery and equipment | 23 | €33,934 | €29,472 | -€4,462 | -13.1% |
| Furniture and vehicles | 24 | €2,401 | €141 | -€2,260 | -94.1% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €199,494 | €114,716 | -€84,777 | -42.5% |
| Amounts receivable within one year | 40/41 | €194,502 | €109,506 | -€84,996 | -43.7% |
| Trade receivables | 40 | €172,188 | €52,188 | -€120,000 | -69.7% |
| Other amounts receivable | 41 | €22,314 | €57,317 | +€35,004 | +157% |
| Cash at bank and in hand | 54/58 | €4,992 | €5,211 | +€219 | +4.4% |
| Total equity and liabilities | 10/49 | €243,329 | €151,829 | -€91,500 | -37.6% |
| Equity | 10/15 | €40,460 | €60,645 | +€20,186 | +49.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,460 | €58,645 | +€20,186 | +52.5% |
| Distributable reserves | 133 | €38,460 | €58,645 | +€20,186 | +52.5% |
| Amounts payable | 17/49 | €202,869 | €91,184 | -€111,685 | -55.1% |
| Amounts payable within one year | 42/48 | €202,069 | €91,184 | -€110,885 | -54.9% |
| Trade debts | 44 | €28,665 | €38,753 | +€10,088 | +35.2% |
| Suppliers | 440/4 | €28,665 | €38,753 | +€10,088 | +35.2% |
| Advances received on contracts in progress | 46 | €120,000 | - | -€120,000 | |
| Taxes, remuneration and social security | 45 | €27,607 | €34,634 | +€7,027 | +25.5% |
| Taxes | 450/3 | €22,327 | €24,780 | +€2,453 | +11.0% |
| Remuneration and social security | 454/9 | €5,280 | €9,853 | +€4,573 | +86.6% |
| Other amounts payable | 47/48 | €25,797 | €17,797 | -€8,000 | -31.0% |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Remuneration, social security and pensions | 62 | €31,235 | €46,005 | +€14,769 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,491 | €6,722 | +€232 | +3.6% |
| Other operating charges | 640/8 | €3,506 | €2,689 | -€817 | -23.3% |
| Gross operating margin | 9900 | €65,480 | €79,355 | +€13,874 | +21.2% |
| Operating profit (loss) | 9901 | €24,249 | €23,939 | -€310 | -1.3% |
| Financial income | 75/76B | €607 | €1,909 | +€1,302 | +215% |
| Recurring financial income | 75 | €607 | €1,909 | +€1,302 | +215% |
| Financial charges | 65/66B | €655 | €190 | -€466 | -71.0% |
| Recurring financial charges | 65 | €655 | €190 | -€466 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | €24,200 | €25,658 | +€1,458 | +6.0% |
| Income taxes | 67/77 | €5,432 | €5,472 | +€40 | +0.7% |
| Profit (loss) for the period | 9904 | €18,768 | €20,186 | +€1,418 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,768 | €20,186 | +€1,418 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.