NMTJW: 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.
NMTJW
Largest movements
- Stocks and contracts -€44,852
down €44,852 (-47.8%), from €93,747 to €48,894
- Cash +€14,813
up €14,813 (+407%), from €3,640 to €18,453
mainly Stocks and contracts (+€44,852) and Trade debts (+€3,889)
- Receivables within one year +€4,591
up €4,591 (+13.9%), from €33,068 to €37,659
of which Trade receivables: +€3,879
- Other debts -€25,000
down €25,000 (-38.5%), from €65,000 to €40,000
- Trade debts +€3,889
up €3,889, from €0 to €3,889
- Tax, wage and social debts -€3,696
no longer reported in 2025 (was €3,696)
- Gross operating margin -€15,735
down €15,735 (-87.9%), from €17,904 to €2,169
- Taxes -€3,613
no longer reported in 2025 (was €3,613)
- Financial charges +€1,848
up €1,848 (+682%), from €271 to €2,119
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 | €130,455 | €105,007 | -€25,448 | -19.5% |
| Current assets | 29/58 | €130,455 | €105,007 | -€25,448 | -19.5% |
| Stocks and contracts in progress | 3 | €93,747 | €48,894 | -€44,852 | -47.8% |
| Stocks | 30/36 | €93,747 | €48,894 | -€44,852 | -47.8% |
| Amounts receivable within one year | 40/41 | €33,068 | €37,659 | +€4,591 | +13.9% |
| Trade receivables | 40 | €30,342 | €34,221 | +€3,879 | +12.8% |
| Other amounts receivable | 41 | €2,726 | €3,438 | +€712 | +26.1% |
| Cash at bank and in hand | 54/58 | €3,640 | €18,453 | +€14,813 | +407% |
| Total equity and liabilities | 10/49 | €130,455 | €105,007 | -€25,448 | -19.5% |
| Equity | 10/15 | €61,759 | €61,118 | -€641 | -1.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,759 | €59,118 | -€641 | -1.1% |
| Amounts payable | 17/49 | €68,696 | €43,889 | -€24,807 | -36.1% |
| Amounts payable within one year | 42/48 | €68,696 | €43,889 | -€24,807 | -36.1% |
| Trade debts | 44 | €0 | €3,889 | +€3,889 | |
| Suppliers | 440/4 | €0 | €3,889 | +€3,889 | |
| Taxes, remuneration and social security | 45 | €3,696 | - | -€3,696 | |
| Taxes | 450/3 | €3,696 | - | -€3,696 | |
| Other amounts payable | 47/48 | €65,000 | €40,000 | -€25,000 | -38.5% |
| Other operating charges | 640/8 | €679 | €699 | +€19 | +2.9% |
| Gross operating margin | 9900 | €17,904 | €2,169 | -€15,735 | -87.9% |
| Operating profit (loss) | 9901 | €17,224 | €1,470 | -€15,754 | -91.5% |
| Financial income | 75/76B | €0 | €9 | +€9 | +86,300% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +86,300% |
| Financial charges | 65/66B | €271 | €2,119 | +€1,848 | +682% |
| Recurring financial charges | 65 | €271 | €2,119 | +€1,848 | +682% |
| Profit (loss) for the period before taxes | 9903 | €16,953 | -€641 | -€17,594 | |
| Income taxes | 67/77 | €3,613 | - | -€3,613 | |
| Profit (loss) for the period | 9904 | €13,341 | -€641 | -€13,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,341 | -€641 | -€13,981 |
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 17 October 2026 via checked.be.