NMHR Consult: 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.
NMHR Consult
Largest movements
- Cash +€10,970
up €10,970 (+20.8%), from €52,728 to €63,698
mainly Provisions (+€41,371) and Other debts (+€39,505)
- Receivables within one year +€6,760
up €6,760 (+52.3%), from €12,936 to €19,697
of which Other amounts receivable: +€8,139
- Receivables after one year +€3,518
up €3,518 (+6.4%), from €55,038 to €58,555
- Deferred charges and accrued income +€2,121
up €2,121 (+267%), from €796 to €2,917
- Profit (loss) carried forward -€64,785
down €64,785 (-97.9%), from €66,161 to €1,376
- Provisions +€41,371
new in 2025: €41,371
- Other debts +€39,505
up €39,505 (+949%), from €4,163 to €43,669
- Tax, wage and social debts +€7,121
up €7,121 (+143%), from €4,967 to €12,088
of which Taxes: +€6,761
- Provisions +€41,371
new in 2025: €41,371
- Gross operating margin -€12,061
down €12,061 (-24.9%), from €48,357 to €36,296
- Taxes -€2,565
down €2,565 (-23.2%), from €11,035 to €8,470
- Financial charges +€616
up €616 (+56.7%), from €1,087 to €1,703
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 | €123,018 | €145,318 | +€22,300 | +18.1% |
| Fixed assets | 21/28 | €1,521 | €452 | -€1,069 | -70.3% |
| Tangible fixed assets | 22/27 | €1,478 | €409 | -€1,069 | -72.3% |
| Furniture and vehicles | 24 | €161 | €17 | -€144 | -89.4% |
| Other tangible fixed assets | 26 | €1,317 | €392 | -€925 | -70.2% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €121,498 | €144,867 | +€23,369 | +19.2% |
| Amounts receivable after more than one year | 29 | €55,038 | €58,555 | +€3,518 | +6.4% |
| Other amounts receivable | 291 | €55,038 | €58,555 | +€3,518 | +6.4% |
| Amounts receivable within one year | 40/41 | €12,936 | €19,697 | +€6,760 | +52.3% |
| Trade receivables | 40 | €12,936 | €11,558 | -€1,379 | -10.7% |
| Other amounts receivable | 41 | - | €8,139 | +€8,139 | |
| Cash at bank and in hand | 54/58 | €52,728 | €63,698 | +€10,970 | +20.8% |
| Deferred charges and accrued income | 490/1 | €796 | €2,917 | +€2,121 | +267% |
| Total equity and liabilities | 10/49 | €123,018 | €145,318 | +€22,300 | +18.1% |
| Equity | 10/15 | €112,202 | €47,417 | -€64,785 | -57.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,442 | €27,442 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,582 | €25,582 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,161 | €1,376 | -€64,785 | -97.9% |
| Provisions and deferred taxes | 16 | - | €41,371 | +€41,371 | |
| Provisions for liabilities and charges | 160/5 | - | €41,371 | +€41,371 | |
| Other liabilities and charges | 164/5 | - | €41,371 | +€41,371 | |
| Amounts payable | 17/49 | €10,816 | €56,530 | +€45,714 | +423% |
| Amounts payable within one year | 42/48 | €10,816 | €56,530 | +€45,714 | +423% |
| Trade debts | 44 | €1,685 | €773 | -€913 | -54.2% |
| Suppliers | 440/4 | €1,685 | €773 | -€913 | -54.2% |
| Taxes, remuneration and social security | 45 | €4,967 | €12,088 | +€7,121 | +143% |
| Taxes | 450/3 | €4,967 | €11,728 | +€6,761 | +136% |
| Remuneration and social security | 454/9 | - | €360 | +€360 | |
| Other amounts payable | 47/48 | €4,163 | €43,669 | +€39,505 | +949% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,287 | €1,069 | -€218 | -16.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €41,371 | +€41,371 | |
| Other operating charges | 640/8 | €569 | €256 | -€312 | -54.9% |
| Gross operating margin | 9900 | €48,357 | €36,296 | -€12,061 | -24.9% |
| Operating profit (loss) | 9901 | €46,502 | -€6,401 | -€52,902 | |
| Financial income | 75/76B | €1,431 | €1,788 | +€357 | +24.9% |
| Recurring financial income | 75 | €1,431 | €1,788 | +€357 | +24.9% |
| Financial charges | 65/66B | €1,087 | €1,703 | +€616 | +56.7% |
| Recurring financial charges | 65 | €1,087 | €1,703 | +€616 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | €46,846 | -€6,315 | -€53,161 | |
| Income taxes | 67/77 | €11,035 | €8,470 | -€2,565 | -23.2% |
| Profit (loss) for the period | 9904 | €35,811 | -€14,785 | -€50,596 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,811 | -€14,785 | -€50,596 |
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 13 October 2026 via checked.be.