NOMAT: 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.
NOMAT
Largest movements
- Tangible fixed assets +€53,937
up €53,937 (+17.4%), from €310,367 to €364,304
of which Furniture and vehicles: +€42,924
- Receivables within one year +€10,500
up €10,500 (+20.8%), from €50,519 to €61,020
of which Trade receivables: +€19,520
- Cash -€6,701
down €6,701 (-8.7%), from €76,633 to €69,933
mainly Contributions, distributions and other (-€340,000) and Investment in fixed assets (net) (-€73,799)
- Other debts +€291,951
up €291,951 (+262.0%), from €111,450 to €403,400
- Profit (loss) carried forward -€280,271
down €280,271 (-97.6%), from €287,188 to €6,917
- Tax, wage and social debts +€48,173
up €48,173 (+239.3%), from €20,134 to €68,307
- Gross operating margin +€31,138
up €31,138 (+41.3%), from €75,407 to €106,545
- Taxes +€25,510
up €25,510, from -€8,512 to €16,999
- Depreciation -€17,213
down €17,213 (-46.4%), from €37,075 to €19,862
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 | €439,809 | €499,867 | +€60,058 | +13.7% |
| Fixed assets | 21/28 | €310,367 | €364,304 | +€53,937 | +17.4% |
| Tangible fixed assets | 22/27 | €310,367 | €364,304 | +€53,937 | +17.4% |
| Land and buildings | 22 | €301,881 | €291,297 | -€10,584 | -3.5% |
| Plant, machinery and equipment | 23 | €8,193 | €29,790 | +€21,597 | +263.6% |
| Furniture and vehicles | 24 | €293 | €43,217 | +€42,924 | +14625.3% |
| Current assets | 29/58 | €129,442 | €135,564 | +€6,122 | +4.7% |
| Amounts receivable within one year | 40/41 | €50,519 | €61,020 | +€10,500 | +20.8% |
| Trade receivables | 40 | €41,500 | €61,020 | +€19,520 | +47.0% |
| Other amounts receivable | 41 | €9,019 | - | -€9,019 | |
| Cash at bank and in hand | 54/58 | €76,633 | €69,933 | -€6,701 | -8.7% |
| Deferred charges and accrued income | 490/1 | €2,289 | €4,612 | +€2,322 | +101.4% |
| Total equity and liabilities | 10/49 | €439,809 | €499,867 | +€60,058 | +13.7% |
| Equity | 10/15 | €307,648 | €27,377 | -€280,271 | -91.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €287,188 | €6,917 | -€280,271 | -97.6% |
| Amounts payable | 17/49 | €132,161 | €472,490 | +€340,329 | +257.5% |
| Amounts payable within one year | 42/48 | €132,161 | €472,462 | +€340,301 | +257.5% |
| Trade debts | 44 | €577 | €754 | +€177 | +30.8% |
| Suppliers | 440/4 | €577 | €754 | +€177 | +30.8% |
| Taxes, remuneration and social security | 45 | €20,134 | €68,307 | +€48,173 | +239.3% |
| Taxes | 450/3 | €20,134 | €68,307 | +€48,173 | +239.3% |
| Other amounts payable | 47/48 | €111,450 | €403,400 | +€291,951 | +262.0% |
| Accrued charges and deferred income | 492/3 | - | €28 | +€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,075 | €19,862 | -€17,213 | -46.4% |
| Other operating charges | 640/8 | €2,456 | €2,519 | +€63 | +2.6% |
| Gross operating margin | 9900 | €75,407 | €106,545 | +€31,138 | +41.3% |
| Operating profit (loss) | 9901 | €35,877 | €84,165 | +€48,288 | +134.6% |
| Financial income | 75/76B | €41 | €277 | +€235 | +570.8% |
| Recurring financial income | 75 | €41 | €277 | +€235 | +570.8% |
| Financial charges | 65/66B | €8,368 | €7,714 | -€655 | -7.8% |
| Recurring financial charges | 65 | €8,368 | €7,714 | -€655 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €27,550 | €76,728 | +€49,178 | +178.5% |
| Income taxes | 67/77 | -€8,512 | €16,999 | +€25,510 | |
| Profit (loss) for the period | 9904 | €36,061 | €59,729 | +€23,668 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,061 | €59,729 | +€23,668 | +65.6% |
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 11 October 2026 via checked.be.