NOMAD: 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.
NOMAD
Largest movements
- Receivables within one year -€7,420
down €7,420 (-53.3%), from €13,920 to €6,500
of which Trade receivables: -€7,420
- Cash +€5,464
up €5,464 (+122.7%), from €4,454 to €9,918
mainly Receivables within one year (+€7,420) and Trade debts (+€857)
- Deferred charges and accrued income +€1,652
new in 2025: €1,652
- Tangible fixed assets +€1,074
up €1,074 (+146.6%), from €733 to €1,807
of which Plant, machinery and equipment: +€1,807
- Trade debts +€857
up €857 (+32.2%), from €2,659 to €3,516
- Tax, wage and social debts -€422
down €422 (-9.1%), from €4,632 to €4,210
- Other debts +€307
up €307 (+31.3%), from €980 to €1,286
- Gross operating margin -€4,352
down €4,352 (-69.8%), from €6,231 to €1,879
- Taxes -€1,217
down €1,217 (-70.6%), from €1,724 to €508
- Depreciation -€266
down €266 (-26.3%), from €1,013 to €747
- Other operating charges +€150
up €150 (+45.1%), from €332 to €481
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.
Cash bridge derived
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 | €19,107 | €19,877 | +€770 | +4.0% |
| Fixed assets | 21/28 | €733 | €1,807 | +€1,074 | +146.6% |
| Tangible fixed assets | 22/27 | €733 | €1,807 | +€1,074 | +146.6% |
| Plant, machinery and equipment | 23 | - | €1,807 | +€1,807 | |
| Furniture and vehicles | 24 | €733 | €0 | -€733 | -100.0% |
| Current assets | 29/58 | €18,374 | €18,070 | -€304 | -1.7% |
| Amounts receivable within one year | 40/41 | €13,920 | €6,500 | -€7,420 | -53.3% |
| Trade receivables | 40 | €13,920 | €6,500 | -€7,420 | -53.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €4,454 | €9,918 | +€5,464 | +122.7% |
| Deferred charges and accrued income | 490/1 | - | €1,652 | +€1,652 | |
| Total equity and liabilities | 10/49 | €19,107 | €19,877 | +€770 | +4.0% |
| Equity | 10/15 | €10,836 | €10,865 | +€29 | +0.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,836 | €4,865 | +€29 | +0.6% |
| Amounts payable | 17/49 | €8,270 | €9,012 | +€742 | +9.0% |
| Amounts payable within one year | 42/48 | €8,270 | €9,012 | +€742 | +9.0% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €2,659 | €3,516 | +€857 | +32.2% |
| Suppliers | 440/4 | €2,659 | €3,516 | +€857 | +32.2% |
| Taxes, remuneration and social security | 45 | €4,632 | €4,210 | -€422 | -9.1% |
| Taxes | 450/3 | €4,632 | €4,210 | -€422 | -9.1% |
| Other amounts payable | 47/48 | €980 | €1,286 | +€307 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,013 | €747 | -€266 | -26.3% |
| Other operating charges | 640/8 | €332 | €481 | +€150 | +45.1% |
| Gross operating margin | 9900 | €6,231 | €1,879 | -€4,352 | -69.8% |
| Operating profit (loss) | 9901 | €4,886 | €651 | -€4,235 | -86.7% |
| Financial income | 75/76B | €0 | €2 | +€2 | +17100.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +17100.0% |
| Financial charges | 65/66B | €158 | €116 | -€42 | -26.5% |
| Recurring financial charges | 65 | €158 | €116 | -€42 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €4,728 | €537 | -€4,191 | -88.7% |
| Income taxes | 67/77 | €1,724 | €508 | -€1,217 | -70.6% |
| Profit (loss) for the period | 9904 | €3,004 | €29 | -€2,975 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,004 | €29 | -€2,975 | -99.0% |
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 10 October 2026 via checked.be.