NOMAD: what changed
Two fiscal 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 -€8,016
down €8,016 (-31.3%), from €25,615 to €17,599
of which Other amounts receivable: -€5,555
- Tangible fixed assets -€1,679
down €1,679 (-78.6%), from €2,137 to €457
- Other debts +€21,256
up €21,256 (+137.0%), from €15,519 to €36,775
- Profit (loss) carried forward -€19,318
down €19,318 (-214.0%), from -€9,029 to -€28,347
- Trade debts -€11,759
down €11,759 (-72.3%), from €16,264 to €4,505
- Gross operating margin -€15,878
down €15,878, from €8,185 to -€7,692
- Financial charges +€848
up €848 (+718.9%), from €118 to €966
- Depreciation +€560
up €560 (+100.0%), from €560 to €1,120
- Other operating charges -€318
down €318 (-45.3%), from €702 to €384
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,754 | €18,056 | -€9,698 | -34.9% |
| Fixed assets | 21/28 | €2,137 | €457 | -€1,679 | -78.6% |
| Tangible fixed assets | 22/27 | €2,137 | €457 | -€1,679 | -78.6% |
| Furniture and vehicles | 24 | €2,137 | €457 | -€1,679 | -78.6% |
| Current assets | 29/58 | €25,617 | €17,599 | -€8,018 | -31.3% |
| Amounts receivable within one year | 40/41 | €25,615 | €17,599 | -€8,016 | -31.3% |
| Trade receivables | 40 | €11,025 | €8,565 | -€2,461 | -22.3% |
| Other amounts receivable | 41 | €14,589 | €9,034 | -€5,555 | -38.1% |
| Cash at bank and in hand | 54/58 | €3 | - | -€3 | |
| Total equity and liabilities | 10/49 | €27,754 | €18,056 | -€9,698 | -34.9% |
| Equity | 10/15 | -€4,029 | -€23,347 | -€19,318 | -479.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,029 | -€28,347 | -€19,318 | -214.0% |
| Amounts payable | 17/49 | €31,783 | €41,403 | +€9,620 | +30.3% |
| Amounts payable within one year | 42/48 | €31,783 | €41,403 | +€9,620 | +30.3% |
| Trade debts | 44 | €16,264 | €4,505 | -€11,759 | -72.3% |
| Suppliers | 440/4 | €16,264 | €4,505 | -€11,759 | -72.3% |
| Taxes, remuneration and social security | 45 | - | €124 | +€124 | |
| Taxes | 450/3 | - | €124 | +€124 | |
| Other amounts payable | 47/48 | €15,519 | €36,775 | +€21,256 | +137.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €560 | €1,120 | +€560 | +100.0% |
| Other operating charges | 640/8 | €702 | €384 | -€318 | -45.3% |
| Gross operating margin | 9900 | €8,185 | -€7,692 | -€15,878 | |
| Operating profit (loss) | 9901 | €6,923 | -€9,196 | -€16,120 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €118 | €966 | +€848 | +718.9% |
| Recurring financial charges | 65 | €118 | €966 | +€848 | +718.9% |
| Profit (loss) for the period before taxes | 9903 | €6,806 | -€10,162 | -€16,968 | |
| Profit (loss) for the period | 9904 | €6,806 | -€10,162 | -€16,968 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,806 | -€10,162 | -€16,968 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.