NMTTA: 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.
NMTTA
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€91,085
up €91,085 (+90.1%), from €101,041 to €192,126
mainly Net result for the year (+€108,740) and Current investments (+€100,000)
- Reserves -€69,853
down €69,853 (-68.4%), from €102,079 to €32,226
- Other debts +€58,006
up €58,006 (+44.3%), from €130,970 to €188,976
- Gross operating margin +€13,162
up €13,162 (+10.4%), from €127,165 to €140,327
- Financial income -€4,711
down €4,711 (-81.2%), from €5,802 to €1,090
- Taxes +€2,098
up €2,098 (+7.3%), from €28,845 to €30,942
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 | €258,462 | €247,520 | -€10,941 | -4.2% |
| Fixed assets | 21/28 | €2,239 | €1,370 | -€869 | -38.8% |
| Tangible fixed assets | 22/27 | €2,214 | €1,345 | -€869 | -39.2% |
| Furniture and vehicles | 24 | €2,214 | €1,345 | -€869 | -39.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €256,223 | €246,150 | -€10,073 | -3.9% |
| Amounts receivable within one year | 40/41 | €52,663 | €54,024 | +€1,360 | +2.6% |
| Other amounts receivable | 41 | €52,663 | €54,024 | +€1,360 | +2.6% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €101,041 | €192,126 | +€91,085 | +90.1% |
| Deferred charges and accrued income | 490/1 | €2,518 | - | -€2,518 | |
| Total equity and liabilities | 10/49 | €258,462 | €247,520 | -€10,941 | -4.2% |
| Equity | 10/15 | €120,679 | €50,826 | -€69,853 | -57.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,079 | €32,226 | -€69,853 | -68.4% |
| Distributable reserves | 133 | €102,079 | €32,226 | -€69,853 | -68.4% |
| Amounts payable | 17/49 | €137,783 | €196,695 | +€58,912 | +42.8% |
| Amounts payable within one year | 42/48 | €137,783 | €196,695 | +€58,912 | +42.8% |
| Trade debts | 44 | €1,002 | €993 | -€9 | -0.9% |
| Suppliers | 440/4 | €1,002 | €993 | -€9 | -0.9% |
| Taxes, remuneration and social security | 45 | €5,811 | €6,726 | +€915 | +15.8% |
| Taxes | 450/3 | €5,811 | €6,726 | +€915 | +15.8% |
| Other amounts payable | 47/48 | €130,970 | €188,976 | +€58,006 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,081 | €869 | -€213 | -19.7% |
| Other operating charges | 640/8 | €995 | €821 | -€174 | -17.4% |
| Gross operating margin | 9900 | €127,165 | €140,327 | +€13,162 | +10.4% |
| Operating profit (loss) | 9901 | €125,089 | €138,637 | +€13,548 | +10.8% |
| Financial income | 75/76B | €5,802 | €1,090 | -€4,711 | -81.2% |
| Recurring financial income | 75 | €5,802 | €1,090 | -€4,711 | -81.2% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €130,845 | €139,682 | +€8,837 | +6.8% |
| Income taxes | 67/77 | €28,845 | €30,942 | +€2,098 | +7.3% |
| Profit (loss) for the period | 9904 | €102,001 | €108,740 | +€6,739 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €102,001 | €108,740 | +€6,739 | +6.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.