NMN CONSTRUCT: 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.
NMN CONSTRUCT
Largest movements
- Receivables within one year +€200,874
up €200,874 (+43.8%), from €458,490 to €659,364
of which Trade receivables: +€471,098
- Tangible fixed assets -€102,357
down €102,357 (-33.4%), from €306,327 to €203,970
- Trade debts +€693,660
new in 2024: €693,660
- Profit (loss) carried forward -€326,230
new in 2024: -€326,230
- Tax, wage and social debts -€186,166
down €186,166 (-67.9%), from €274,156 to €87,990
of which Taxes: -€167,443
- Debts after one year -€118,686
down €118,686 (-81.5%), from €145,639 to €26,953
- Current portion of long-term debt +€58,692
new in 2024: €58,692
- Gross operating margin -€530,633
down €530,633 (-76.8%), from €690,781 to €160,148
- Staff costs +€153,500
up €153,500 (+71.6%), from €214,272 to €367,772
- Taxes -€70,454
no longer reported in 2024 (was €70,454)
- Depreciation +€9,931
up €9,931 (+12.8%), from €77,535 to €87,466
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.
Cash bridge derived
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 | €776,783 | €869,227 | +€92,444 | +11.9% |
| Fixed assets | 21/28 | €309,127 | €206,770 | -€102,357 | -33.1% |
| Tangible fixed assets | 22/27 | €306,327 | €203,970 | -€102,357 | -33.4% |
| Plant, machinery and equipment | 23 | €47,473 | €37,770 | -€9,703 | -20.4% |
| Furniture and vehicles | 24 | €114,846 | €73,174 | -€41,672 | -36.3% |
| Leasing and similar rights | 25 | €144,008 | €93,026 | -€50,982 | -35.4% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €467,656 | €662,457 | +€194,801 | +41.7% |
| Amounts receivable within one year | 40/41 | €458,490 | €659,364 | +€200,874 | +43.8% |
| Trade receivables | 40 | €158,880 | €629,978 | +€471,098 | +296.5% |
| Other amounts receivable | 41 | €299,610 | €29,386 | -€270,224 | -90.2% |
| Cash at bank and in hand | 54/58 | €9,166 | €3,093 | -€6,073 | -66.3% |
| Total equity and liabilities | 10/49 | €776,783 | €869,227 | +€92,444 | +11.9% |
| Equity | 10/15 | €328,160 | €1,930 | -€326,230 | -99.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €325,160 | €325,160 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €306,462 | €306,462 | -€0 | 0.0% |
| Distributable reserves | 133 | €18,698 | €18,698 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€326,230 | -€326,230 | |
| Amounts payable | 17/49 | €448,623 | €867,297 | +€418,674 | +93.3% |
| Amounts payable after more than one year | 17 | €145,639 | €26,953 | -€118,686 | -81.5% |
| Financial debts | 170/4 | €145,639 | €26,953 | -€118,686 | -81.5% |
| Amounts payable within one year | 42/48 | €302,984 | €840,343 | +€537,359 | +177.4% |
| Current portion of amounts payable after more than one year | 42 | - | €58,692 | +€58,692 | |
| Trade debts | 44 | - | €693,660 | +€693,660 | |
| Suppliers | 440/4 | - | €693,660 | +€693,660 | |
| Taxes, remuneration and social security | 45 | €274,156 | €87,990 | -€186,166 | -67.9% |
| Taxes | 450/3 | €249,502 | €82,059 | -€167,443 | -67.1% |
| Remuneration and social security | 454/9 | €24,654 | €5,932 | -€18,722 | -75.9% |
| Other amounts payable | 47/48 | €28,828 | - | -€28,828 | |
| Remuneration, social security and pensions | 62 | €214,272 | €367,772 | +€153,500 | +71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,535 | €87,466 | +€9,931 | +12.8% |
| Other operating charges | 640/8 | €12,445 | €7,550 | -€4,895 | -39.3% |
| Non-recurring operating charges | 66A | €2,923 | €18,829 | +€15,906 | +544.2% |
| Gross operating margin | 9900 | €690,781 | €160,148 | -€530,633 | -76.8% |
| Operating profit (loss) | 9901 | €383,606 | -€321,469 | -€705,075 | |
| Financial income | 75/76B | €12 | €377 | +€365 | +3042.3% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.8% |
| Non-recurring financial income | 76B | - | €377 | +€377 | |
| Financial charges | 65/66B | €6,703 | €5,137 | -€1,566 | -23.4% |
| Recurring financial charges | 65 | €6,703 | €5,137 | -€1,566 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €376,915 | -€326,230 | -€703,145 | |
| Income taxes | 67/77 | €70,454 | - | -€70,454 | |
| Profit (loss) for the period | 9904 | €306,461 | -€326,230 | -€632,691 | |
| Profit (loss) for the period to be appropriated | 9905 | €306,461 | -€326,230 | -€632,691 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.