NOMALEX: 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.
NOMALEX
Largest movements
- Receivables within one year +€75,775
up €75,775 (+260.3%), from €29,113 to €104,888
of which Other amounts receivable: +€80,000
- Tangible fixed assets -€42,059
down €42,059 (-6.1%), from €685,856 to €643,798
of which Furniture and vehicles: -€29,027
- Financial fixed assets +€10,700
up €10,700 (+1945.5%), from €550 to €11,250
- Reserves +€45,814
up €45,814 (+28.1%), from €163,203 to €209,017
- Debts after one year -€15,664
down €15,664 (-3.0%), from €525,146 to €509,481
- Current portion of long-term debt +€13,194
up €13,194 (+30.0%), from €44,026 to €57,219
- Gross operating margin -€6,329
down €6,329 (-5.0%), from €127,158 to €120,829
- Taxes -€5,735
down €5,735 (-23.3%), from €24,563 to €18,827
- Financial charges +€4,465
up €4,465 (+47.3%), from €9,442 to €13,907
- Depreciation +€2,608
up €2,608 (+6.6%), from €39,450 to €42,059
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 | €771,030 | €816,951 | +€45,920 | +6.0% |
| Fixed assets | 21/28 | €686,406 | €655,048 | -€31,359 | -4.6% |
| Tangible fixed assets | 22/27 | €685,856 | €643,798 | -€42,059 | -6.1% |
| Land and buildings | 22 | €570,906 | €557,875 | -€13,031 | -2.3% |
| Furniture and vehicles | 24 | €114,950 | €85,923 | -€29,027 | -25.3% |
| Financial fixed assets | 28 | €550 | €11,250 | +€10,700 | +1945.5% |
| Current assets | 29/58 | €84,624 | €161,903 | +€77,279 | +91.3% |
| Amounts receivable within one year | 40/41 | €29,113 | €104,888 | +€75,775 | +260.3% |
| Trade receivables | 40 | €29,113 | €24,888 | -€4,225 | -14.5% |
| Other amounts receivable | 41 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €44,809 | €43,804 | -€1,005 | -2.2% |
| Deferred charges and accrued income | 490/1 | €10,702 | €13,211 | +€2,510 | +23.5% |
| Total equity and liabilities | 10/49 | €771,030 | €816,951 | +€45,920 | +6.0% |
| Equity | 10/15 | €181,803 | €227,617 | +€45,814 | +25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,203 | €209,017 | +€45,814 | +28.1% |
| Distributable reserves | 133 | €163,203 | €209,017 | +€45,814 | +28.1% |
| Amounts payable | 17/49 | €589,227 | €589,334 | +€106 | 0.0% |
| Amounts payable after more than one year | 17 | €525,146 | €509,481 | -€15,664 | -3.0% |
| Financial debts | 170/4 | €525,146 | €509,481 | -€15,664 | -3.0% |
| Amounts payable within one year | 42/48 | €63,713 | €79,853 | +€16,140 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €44,026 | €57,219 | +€13,194 | +30.0% |
| Trade debts | 44 | €2,123 | €3,002 | +€879 | +41.4% |
| Suppliers | 440/4 | €2,123 | €3,002 | +€879 | +41.4% |
| Taxes, remuneration and social security | 45 | €17,564 | €19,631 | +€2,067 | +11.8% |
| Taxes | 450/3 | €17,564 | €19,631 | +€2,067 | +11.8% |
| Accrued charges and deferred income | 492/3 | €369 | - | -€369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,450 | €42,059 | +€2,608 | +6.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €127,158 | €120,829 | -€6,329 | -5.0% |
| Operating profit (loss) | 9901 | €87,320 | €78,371 | -€8,950 | -10.2% |
| Financial income | 75/76B | €58 | €178 | +€120 | +207.2% |
| Recurring financial income | 75 | €58 | €178 | +€120 | +207.2% |
| Financial charges | 65/66B | €9,442 | €13,907 | +€4,465 | +47.3% |
| Recurring financial charges | 65 | €9,442 | €13,907 | +€4,465 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €77,936 | €64,641 | -€13,294 | -17.1% |
| Income taxes | 67/77 | €24,563 | €18,827 | -€5,735 | -23.3% |
| Profit (loss) for the period | 9904 | €53,373 | €45,814 | -€7,559 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,373 | €45,814 | -€7,559 | -14.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.