NMN: 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.
NMN
Largest movements
- Stocks and contracts -€35,000
no longer reported in 2025 (was €35,000)
- Receivables within one year +€11,773
new in 2025: €11,773
- Cash -€1,399
no longer reported in 2025 (was €1,399)
mainly Trade debts (-€42,133) and Net result for the year (-€42,070)
- Other debts +€56,865
up €56,865 (+619%), from €9,189 to €66,054
- Trade debts -€42,133
down €42,133 (-87.4%), from €48,183 to €6,050
- Profit (loss) carried forward -€42,070
down €42,070 (-135%), from -€31,261 to -€73,332
- Tax, wage and social debts +€2,712
up €2,712 (+941%), from €288 to €3,000
- Turnover -€11,495
down €11,495 (-51.1%), from €22,495 to €11,000
- Gross operating margin -€10,874
down €10,874 (-34.9%), from -€31,197 to -€42,070
- Purchases and services +€2,587
up €2,587 (+4.8%), from €53,691 to €56,278
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 | €36,399 | €11,773 | -€24,626 | -67.7% |
| Current assets | 29/58 | €36,399 | €11,773 | -€24,626 | -67.7% |
| Stocks and contracts in progress | 3 | €35,000 | - | -€35,000 | |
| Stocks | 30/36 | €35,000 | - | -€35,000 | |
| Amounts receivable within one year | 40/41 | - | €11,773 | +€11,773 | |
| Trade receivables | 40 | - | €11,773 | +€11,773 | |
| Cash at bank and in hand | 54/58 | €1,399 | - | -€1,399 | |
| Total equity and liabilities | 10/49 | €36,399 | €11,773 | -€24,626 | -67.7% |
| Equity | 10/15 | -€21,261 | -€63,332 | -€42,070 | -198% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,261 | -€73,332 | -€42,070 | -135% |
| Amounts payable | 17/49 | €57,661 | €75,105 | +€17,444 | +30.3% |
| Amounts payable within one year | 42/48 | €57,661 | €75,105 | +€17,444 | +30.3% |
| Trade debts | 44 | €48,183 | €6,050 | -€42,133 | -87.4% |
| Suppliers | 440/4 | €48,183 | €6,050 | -€42,133 | -87.4% |
| Taxes, remuneration and social security | 45 | €288 | €3,000 | +€2,712 | +941% |
| Taxes | 450/3 | €288 | €3,000 | +€2,712 | +941% |
| Other amounts payable | 47/48 | €9,189 | €66,054 | +€56,865 | +619% |
| Turnover | 70 | €22,495 | €11,000 | -€11,495 | -51.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €53,691 | €56,278 | +€2,587 | +4.8% |
| Gross operating margin | 9900 | -€31,197 | -€42,070 | -€10,874 | -34.9% |
| Operating profit (loss) | 9901 | -€31,197 | -€42,070 | -€10,874 | -34.9% |
| Financial charges | 65/66B | €65 | - | -€65 | |
| Recurring financial charges | 65 | €65 | - | -€65 | |
| Profit (loss) for the period before taxes | 9903 | -€31,261 | -€42,070 | -€10,809 | -34.6% |
| Profit (loss) for the period | 9904 | -€31,261 | -€42,070 | -€10,809 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,261 | -€42,070 | -€10,809 | -34.6% |
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 14 October 2026 via checked.be.