NMT-Projets: 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.
NMT-Projets
Largest movements
- Tangible fixed assets -€32,871
down €32,871 (-4.6%), from €707,101 to €674,230
of which Land and buildings: -€25,860
- Debts after one year -€32,260
down €32,260 (-5.3%), from €612,500 to €580,240
- Tax, wage and social debts -€14,388
down €14,388 (-53.5%), from €26,874 to €12,486
of which Taxes: -€13,730
- Other debts +€12,084
up €12,084 (+77.6%), from €15,564 to €27,648
- Current portion of long-term debt +€8,283
up €8,283 (+22.5%), from €36,868 to €45,151
- Gross operating margin +€67,114
up €67,114 (+98.6%), from €68,067 to €135,182
- Depreciation +€16,699
up €16,699 (+55.9%), from €29,891 to €46,591
- Staff costs +€15,901
up €15,901 (+39.1%), from €40,680 to €56,580
- Financial charges +€9,948
up €9,948 (+54.4%), from €18,280 to €28,228
- Other operating charges -€2,164
down €2,164 (-51.6%), from €4,196 to €2,032
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 | €713,730 | €685,607 | -€28,123 | -3.9% |
| Fixed assets | 21/28 | €707,368 | €674,497 | -€32,871 | -4.6% |
| Tangible fixed assets | 22/27 | €707,101 | €674,230 | -€32,871 | -4.6% |
| Land and buildings | 22 | €627,850 | €601,990 | -€25,860 | -4.1% |
| Plant, machinery and equipment | 23 | €73,476 | €68,024 | -€5,452 | -7.4% |
| Furniture and vehicles | 24 | €5,775 | €4,216 | -€1,560 | -27.0% |
| Financial fixed assets | 28 | €267 | €267 | = | 0.0% |
| Current assets | 29/58 | €6,362 | €11,110 | +€4,749 | +74.6% |
| Amounts receivable within one year | 40/41 | €1,551 | €28 | -€1,523 | -98.2% |
| Other amounts receivable | 41 | €1,551 | €28 | -€1,523 | -98.2% |
| Cash at bank and in hand | 54/58 | €4,377 | €11,018 | +€6,642 | +152% |
| Deferred charges and accrued income | 490/1 | €435 | €65 | -€370 | -85.1% |
| Total equity and liabilities | 10/49 | €713,730 | €685,607 | -€28,123 | -3.9% |
| Equity | 10/15 | €11,934 | €13,684 | +€1,750 | +14.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,913 | €34,913 | = | 0.0% |
| Distributable reserves | 133 | €34,913 | €34,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,979 | -€23,229 | +€1,750 | +7.0% |
| Amounts payable | 17/49 | €701,796 | €671,923 | -€29,873 | -4.3% |
| Amounts payable after more than one year | 17 | €612,500 | €580,240 | -€32,260 | -5.3% |
| Financial debts | 170/4 | €612,500 | €580,240 | -€32,260 | -5.3% |
| Amounts payable within one year | 42/48 | €88,257 | €91,617 | +€3,360 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €36,868 | €45,151 | +€8,283 | +22.5% |
| Trade debts | 44 | €8,951 | €6,333 | -€2,619 | -29.3% |
| Suppliers | 440/4 | €8,951 | €6,333 | -€2,619 | -29.3% |
| Taxes, remuneration and social security | 45 | €26,874 | €12,486 | -€14,388 | -53.5% |
| Taxes | 450/3 | €22,347 | €8,616 | -€13,730 | -61.4% |
| Remuneration and social security | 454/9 | €4,527 | €3,869 | -€658 | -14.5% |
| Other amounts payable | 47/48 | €15,564 | €27,648 | +€12,084 | +77.6% |
| Accrued charges and deferred income | 492/3 | €1,039 | €67 | -€973 | -93.6% |
| Remuneration, social security and pensions | 62 | €40,680 | €56,580 | +€15,901 | +39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,891 | €46,591 | +€16,699 | +55.9% |
| Other operating charges | 640/8 | €4,196 | €2,032 | -€2,164 | -51.6% |
| Gross operating margin | 9900 | €68,067 | €135,182 | +€67,114 | +98.6% |
| Operating profit (loss) | 9901 | -€6,699 | €29,979 | +€36,678 | |
| Financial charges | 65/66B | €18,280 | €28,228 | +€9,948 | +54.4% |
| Recurring financial charges | 65 | €18,280 | €28,228 | +€9,948 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,979 | €1,750 | +€26,729 | |
| Profit (loss) for the period | 9904 | -€24,979 | €1,750 | +€26,729 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,979 | €1,750 | +€26,729 |
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 31 October 2026 via checked.be.