NMRM MANAGEMENT: 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.
NMRM MANAGEMENT
Largest movements
- Tangible fixed assets +€8,159
up €8,159 (+506%), from €1,611 to €9,771
- Receivables within one year +€5,500
up €5,500 (+39.3%), from €14,000 to €19,500
of which Other amounts receivable: +€4,500
- Cash -€4,499
down €4,499 (-27.9%), from €16,126 to €11,627
mainly Investment in fixed assets (net) (-€11,912) and Other debts (-€8,326)
- Profit (loss) carried forward +€16,650
up €16,650 (+5,241%), from €318 to €16,968
- Other debts -€8,326
down €8,326 (-36.4%), from €22,889 to €14,563
- Accrued charges and deferred income +€1,755
new in 2025: €1,755
- Tax, wage and social debts -€614
down €614 (-26.3%), from €2,331 to €1,717
- Gross operating margin -€7,279
down €7,279 (-20.7%), from €35,154 to €27,875
- Taxes -€4,665
down €4,665 (-45.0%), from €10,369 to €5,704
- Depreciation +€2,371
up €2,371 (+172%), from €1,382 to €3,753
- Financial charges +€1,087
up €1,087 (+603%), from €180 to €1,268
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 | €31,738 | €41,203 | +€9,465 | +29.8% |
| Fixed assets | 21/28 | €1,611 | €9,771 | +€8,159 | +506% |
| Tangible fixed assets | 22/27 | €1,611 | €9,771 | +€8,159 | +506% |
| Furniture and vehicles | 24 | €1,611 | €9,771 | +€8,159 | +506% |
| Current assets | 29/58 | €30,126 | €31,432 | +€1,306 | +4.3% |
| Amounts receivable within one year | 40/41 | €14,000 | €19,500 | +€5,500 | +39.3% |
| Trade receivables | 40 | €14,000 | €15,000 | +€1,000 | +7.1% |
| Other amounts receivable | 41 | - | €4,500 | +€4,500 | |
| Current investments | 50/53 | - | €305 | +€305 | |
| Cash at bank and in hand | 54/58 | €16,126 | €11,627 | -€4,499 | -27.9% |
| Total equity and liabilities | 10/49 | €31,738 | €41,203 | +€9,465 | +29.8% |
| Equity | 10/15 | €6,518 | €23,168 | +€16,650 | +255% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | €318 | €16,968 | +€16,650 | +5,241% |
| Amounts payable | 17/49 | €25,220 | €18,035 | -€7,185 | -28.5% |
| Amounts payable within one year | 42/48 | €25,220 | €16,280 | -€8,940 | -35.4% |
| Taxes, remuneration and social security | 45 | €2,331 | €1,717 | -€614 | -26.3% |
| Taxes | 450/3 | €2,331 | €1,717 | -€614 | -26.3% |
| Other amounts payable | 47/48 | €22,889 | €14,563 | -€8,326 | -36.4% |
| Accrued charges and deferred income | 492/3 | - | €1,755 | +€1,755 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | €3,753 | +€2,371 | +172% |
| Other operating charges | 640/8 | €485 | €501 | +€16 | +3.2% |
| Gross operating margin | 9900 | €35,154 | €27,875 | -€7,279 | -20.7% |
| Operating profit (loss) | 9901 | €33,287 | €23,622 | -€9,666 | -29.0% |
| Financial charges | 65/66B | €180 | €1,268 | +€1,087 | +603% |
| Recurring financial charges | 65 | €180 | €1,268 | +€1,087 | +603% |
| Profit (loss) for the period before taxes | 9903 | €33,107 | €22,354 | -€10,753 | -32.5% |
| Income taxes | 67/77 | €10,369 | €5,704 | -€4,665 | -45.0% |
| Profit (loss) for the period | 9904 | €22,738 | €16,650 | -€6,088 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,738 | €16,650 | -€6,088 | -26.8% |
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 23 October 2026 via checked.be.