NOMAMA: 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.
NOMAMA
Largest movements
- Receivables after one year +€76,383
up €76,383 (+193.5%), from €39,476 to €115,859
- Receivables within one year +€21,847
up €21,847 (+22.4%), from €97,406 to €119,253
of which Other amounts receivable: +€21,912
- Tangible fixed assets -€4,205
down €4,205 (-30.0%), from €14,016 to €9,811
of which Plant, machinery and equipment: -€3,753
- Cash +€2,779
up €2,779 (+319.2%), from €871 to €3,650
mainly Net result for the year (+€78,883) and Tax, wage and social debts (+€16,478)
- Profit (loss) carried forward +€78,883
up €78,883 (+106.7%), from €73,925 to €152,808
- Tax, wage and social debts +€16,478
up €16,478 (+55.8%), from €29,527 to €46,005
of which Taxes: +€10,675
- Trade debts +€10,733
up €10,733 (+33.0%), from €32,508 to €43,241
- Accrued charges and deferred income -€6,344
down €6,344 (-86.9%), from €7,301 to €957
- Debts after one year -€3,614
down €3,614 (-53.1%), from €6,803 to €3,189
- Gross operating margin +€68,504
up €68,504 (+54.0%), from €126,878 to €195,383
- Staff costs +€28,999
up €28,999 (+40.3%), from €71,954 to €100,953
- Taxes +€9,690
up €9,690 (+94.4%), from €10,270 to €19,960
- Financial income +€7,266
up €7,266 (+132.1%), from €5,501 to €12,767
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 | €155,960 | €252,314 | +€96,354 | +61.8% |
| Fixed assets | 21/28 | €14,445 | €10,240 | -€4,205 | -29.1% |
| Tangible fixed assets | 22/27 | €14,016 | €9,811 | -€4,205 | -30.0% |
| Plant, machinery and equipment | 23 | €12,522 | €8,769 | -€3,753 | -30.0% |
| Other tangible fixed assets | 26 | €1,494 | €1,042 | -€452 | -30.3% |
| Financial fixed assets | 28 | €429 | €429 | = | 0.0% |
| Current assets | 29/58 | €141,514 | €242,073 | +€100,559 | +71.1% |
| Amounts receivable after more than one year | 29 | €39,476 | €115,859 | +€76,383 | +193.5% |
| Other amounts receivable | 291 | €39,476 | €115,859 | +€76,383 | +193.5% |
| Stocks and contracts in progress | 3 | €2,897 | €3,311 | +€415 | +14.3% |
| Stocks | 30/36 | €2,897 | €3,311 | +€415 | +14.3% |
| Amounts receivable within one year | 40/41 | €97,406 | €119,253 | +€21,847 | +22.4% |
| Trade receivables | 40 | €64 | €0 | -€64 | -100.0% |
| Other amounts receivable | 41 | €97,342 | €119,253 | +€21,912 | +22.5% |
| Cash at bank and in hand | 54/58 | €871 | €3,650 | +€2,779 | +319.2% |
| Deferred charges and accrued income | 490/1 | €865 | - | -€865 | |
| Total equity and liabilities | 10/49 | €155,960 | €252,314 | +€96,354 | +61.8% |
| Equity | 10/15 | €76,425 | €155,308 | +€78,883 | +103.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,925 | €152,808 | +€78,883 | +106.7% |
| Amounts payable | 17/49 | €79,534 | €97,006 | +€17,471 | +22.0% |
| Amounts payable after more than one year | 17 | €6,803 | €3,189 | -€3,614 | -53.1% |
| Financial debts | 170/4 | €6,803 | €3,189 | -€3,614 | -53.1% |
| Amounts payable within one year | 42/48 | €65,430 | €92,860 | +€27,430 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | €3,395 | €3,614 | +€219 | +6.4% |
| Trade debts | 44 | €32,508 | €43,241 | +€10,733 | +33.0% |
| Suppliers | 440/4 | €32,508 | €43,241 | +€10,733 | +33.0% |
| Taxes, remuneration and social security | 45 | €29,527 | €46,005 | +€16,478 | +55.8% |
| Taxes | 450/3 | €23,198 | €33,874 | +€10,675 | +46.0% |
| Remuneration and social security | 454/9 | €6,329 | €12,131 | +€5,803 | +91.7% |
| Accrued charges and deferred income | 492/3 | €7,301 | €957 | -€6,344 | -86.9% |
| Remuneration, social security and pensions | 62 | €71,954 | €100,953 | +€28,999 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,205 | €4,205 | = | 0.0% |
| Other operating charges | 640/8 | €2,067 | €1,974 | -€94 | -4.5% |
| Non-recurring operating charges | 66A | €2,864 | - | -€2,864 | |
| Gross operating margin | 9900 | €126,878 | €195,383 | +€68,504 | +54.0% |
| Operating profit (loss) | 9901 | €45,788 | €88,251 | +€42,462 | +92.7% |
| Financial income | 75/76B | €5,501 | €12,767 | +€7,266 | +132.1% |
| Recurring financial income | 75 | €5,501 | €12,767 | +€7,266 | +132.1% |
| Financial charges | 65/66B | €1,531 | €2,175 | +€644 | +42.0% |
| Recurring financial charges | 65 | €1,531 | €2,175 | +€644 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €49,758 | €98,843 | +€49,085 | +98.6% |
| Income taxes | 67/77 | €10,270 | €19,960 | +€9,690 | +94.4% |
| Profit (loss) for the period | 9904 | €39,488 | €78,883 | +€39,395 | +99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,488 | €78,883 | +€39,395 | +99.8% |
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.