NMT BELGIUM: what changed
What changed
NMT BELGIUM
NACE 52.250, Logistics services
filed annual accounts (NBB)
Net result for the year
€224,670
2024 · €156,552+€68,118
Equity
€294,056
2024 · €69,387+€224,670
Cash
€1.0m
2024 · €1.0m+€9,483
Balance sheet total
€3.1m
2024 · €2.2m+€838,451
Largest movements
Assets
- Receivables within one year +€834,885
up €834,885 (+71.9%), from €1.2m to €2.0m
of which Trade receivables: +€833,986
Equity and liabilities
- Trade debts +€694,197
up €694,197 (+37.9%), from €1.8m to €2.5m
- Profit (loss) carried forward +€224,670
up €224,670 (+485%), from €46,287 to €270,956
- Other debts -€150,000
down €150,000 (-100%), from €150,000 to €0
- Tax, wage and social debts +€69,585
up €69,585 (+42.3%), from €164,358 to €233,943
of which Remuneration and social security: +€37,952
Income statement
- Gross operating margin +€260,459
up €260,459 (+24.4%), from €1.1m to €1.3m
- Staff costs +€135,672
up €135,672 (+16.1%), from €840,639 to €976,311
- Write-downs +€31,903
up €31,903, from -€31,903 to €0
- Taxes +€23,071
up €23,071 (+32.1%), from €71,868 to €94,938
- Financial charges +€21,216
up €21,216 (+233%), from €9,114 to €30,330
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€156,552
Gross operating margin
+€260,459
Staff costs
-€135,672
Depreciation
+€10,331
Write-downs
-€31,903
Other operating charges
-€7,508
Financial income
+€16,698
Financial charges
-€21,216
Taxes
-€23,071
Result 2025
€224,670
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€21,703
Investment
-€12,220
Financing
€0
Cash 2024
€1.0m
From operations (derived)
+€21,703
Net result for the year
+€224,670
Depreciation
+€18,136
Receivables within one year
-€834,885
Trade debts
+€694,197
Tax, wage and social debts
+€69,585
Other debts
-€150,000
Investment (derived)
-€12,220
Investment in fixed assets (net)
-€12,220
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,215,168 | €3,053,620 | +€838,451 | +37.9% |
| Fixed assets | 21/28 | €30,760 | €24,844 | -€5,916 | -19.2% |
| Tangible fixed assets | 22/27 | €30,760 | €24,844 | -€5,916 | -19.2% |
| Furniture and vehicles | 24 | €30,760 | €24,844 | -€5,916 | -19.2% |
| Current assets | 29/58 | €2,184,408 | €3,028,776 | +€844,368 | +38.7% |
| Amounts receivable within one year | 40/41 | €1,161,645 | €1,996,530 | +€834,885 | +71.9% |
| Trade receivables | 40 | €1,153,531 | €1,987,517 | +€833,986 | +72.3% |
| Other amounts receivable | 41 | €8,114 | €9,014 | +€900 | +11.1% |
| Cash at bank and in hand | 54/58 | €1,022,763 | €1,032,246 | +€9,483 | +0.9% |
| Total equity and liabilities | 10/49 | €2,215,168 | €3,053,620 | +€838,451 | +37.9% |
| Equity | 10/15 | €69,387 | €294,056 | +€224,670 | +324% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,287 | €270,956 | +€224,670 | +485% |
| Amounts payable | 17/49 | €2,145,782 | €2,759,564 | +€613,782 | +28.6% |
| Amounts payable within one year | 42/48 | €2,145,782 | €2,759,564 | +€613,782 | +28.6% |
| Trade debts | 44 | €1,831,424 | €2,525,621 | +€694,197 | +37.9% |
| Suppliers | 440/4 | €1,831,424 | €2,525,621 | +€694,197 | +37.9% |
| Taxes, remuneration and social security | 45 | €164,358 | €233,943 | +€69,585 | +42.3% |
| Taxes | 450/3 | €70,900 | €102,533 | +€31,633 | +44.6% |
| Remuneration and social security | 454/9 | €93,457 | €131,410 | +€37,952 | +40.6% |
| Other amounts payable | 47/48 | €150,000 | €0 | -€150,000 | -100% |
| Non-recurring operating income | 76A | - | €6,612 | +€6,612 | |
| Remuneration, social security and pensions | 62 | €840,639 | €976,311 | +€135,672 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,467 | €18,136 | -€10,331 | -36.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€31,903 | €0 | +€31,903 | |
| Other operating charges | 640/8 | €8,974 | €16,482 | +€7,508 | +83.7% |
| Gross operating margin | 9900 | €1,068,925 | €1,329,383 | +€260,459 | +24.4% |
| Operating profit (loss) | 9901 | €222,747 | €318,454 | +€95,707 | +43.0% |
| Financial income | 75/76B | €14,786 | €31,483 | +€16,698 | +113% |
| Recurring financial income | 75 | €14,786 | €31,483 | +€16,698 | +113% |
| Financial charges | 65/66B | €9,114 | €30,330 | +€21,216 | +233% |
| Recurring financial charges | 65 | €9,114 | €30,330 | +€21,216 | +233% |
| Profit (loss) for the period before taxes | 9903 | €228,419 | €319,608 | +€91,188 | +39.9% |
| Income taxes | 67/77 | €71,868 | €94,938 | +€23,071 | +32.1% |
| Profit (loss) for the period | 9904 | €156,552 | €224,670 | +€68,118 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €156,552 | €224,670 | +€68,118 | +43.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.