NOMEN: 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.
What changed
NOMEN
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€38,214
2024 · €445,110-€406,896
Equity
€8.2m
2024 · €8.1m+€38,214
Cash
€66,684
2024 · €121,750-€55,065
Balance sheet total
€11.6m
2024 · €11.8m-€132,667
Largest movements
Assets
- Tangible fixed assets -€123,217
down €123,217 (-1.5%), from €8.2m to €8.0m
of which Land and buildings: -€123,111
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin -€550,350
down €550,350 (-74.0%), from €743,892 to €193,541
- Financial income +€21,978
up €21,978 (+89.9%), from €24,439 to €46,417
- Taxes -€11,350
down €11,350 (-29.3%), from €38,797 to €27,447
- Financial charges +€8,286
up €8,286 (+39.6%), from €20,905 to €29,192
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.
Result 2024
€445,110
Gross operating margin
-€550,350
Staff costs
+€837
Depreciation
+€404
Other operating charges
-€2,650
Financial income
+€21,978
Financial charges
-€8,286
Taxes
+€11,350
Deferred taxes and other
+€119,822
Result 2025
€38,214
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.
From operations
+€65,831
Investment
-€37,503
Financing
-€83,394
Cash 2024
€121,750
From operations (derived)
+€65,831
Net result for the year
+€38,214
Depreciation
+€136,819
Receivables within one year
-€36,478
Deferred charges and accrued income
+€14,763
Provisions
-€20,627
Trade debts
-€4,333
Tax, wage and social debts
-€9,166
Other debts
-€15,130
Accrued charges and deferred income
-€38,230
Investment (derived)
-€37,503
Investment in fixed assets (net)
-€13,602
Current investments
-€23,900
Financing
-€83,394
Debts after one year
-€84,233
Current portion of long-term debt
+€839
Cash 2025
€66,684
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,755,283 | €11,622,616 | -€132,667 | -1.1% |
| Fixed assets | 21/28 | €8,166,939 | €8,043,722 | -€123,217 | -1.5% |
| Tangible fixed assets | 22/27 | €8,166,256 | €8,043,039 | -€123,217 | -1.5% |
| Land and buildings | 22 | €8,166,050 | €8,042,939 | -€123,111 | -1.5% |
| Plant, machinery and equipment | 23 | €206 | €101 | -€106 | -51.2% |
| Financial fixed assets | 28 | €683 | €683 | = | 0.0% |
| Current assets | 29/58 | €3,588,344 | €3,578,894 | -€9,450 | -0.3% |
| Amounts receivable within one year | 40/41 | €0 | €36,478 | +€36,478 | |
| Other amounts receivable | 41 | €0 | €36,478 | +€36,478 | |
| Current investments | 50/53 | €3,449,630 | €3,473,530 | +€23,900 | +0.7% |
| Cash at bank and in hand | 54/58 | €121,750 | €66,684 | -€55,065 | -45.2% |
| Deferred charges and accrued income | 490/1 | €16,965 | €2,202 | -€14,763 | -87.0% |
| Total equity and liabilities | 10/49 | €11,755,283 | €11,622,616 | -€132,667 | -1.1% |
| Equity | 10/15 | €8,126,722 | €8,164,937 | +€38,214 | +0.5% |
| Contributions | 10/11 | €483,398 | €483,398 | = | 0.0% |
| Capital | 10 | €482,625 | €482,625 | = | 0.0% |
| Issued capital | 100 | €482,625 | €482,625 | = | 0.0% |
| Contributions outside capital | 11 | €773 | €773 | = | 0.0% |
| Share premium | 1100/10 | €773 | €773 | = | 0.0% |
| Revaluation surpluses | 12 | €3,482,379 | €3,482,379 | = | 0.0% |
| Reserves | 13 | €4,160,945 | €4,199,160 | +€38,214 | +0.9% |
| Non-distributable reserves | 130/1 | €2,722,565 | €2,727,567 | +€5,002 | +0.2% |
| Legal reserve | 130 | €18,578 | €23,580 | +€5,002 | +26.9% |
| Own shares acquired | 1312 | €2,703,987 | €2,703,987 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,099,598 | €1,046,406 | -€53,191 | -4.8% |
| Distributable reserves | 133 | €338,783 | €425,186 | +€86,403 | +25.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €385,215 | €364,588 | -€20,627 | -5.4% |
| Deferred taxes | 168 | €385,215 | €364,588 | -€20,627 | -5.4% |
| Amounts payable | 17/49 | €3,243,345 | €3,093,091 | -€150,254 | -4.6% |
| Amounts payable after more than one year | 17 | €1,424,777 | €1,340,544 | -€84,233 | -5.9% |
| Financial debts | 170/4 | €1,424,777 | €1,340,544 | -€84,233 | -5.9% |
| Amounts payable within one year | 42/48 | €1,382,499 | €1,354,708 | -€27,791 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €83,394 | €84,233 | +€839 | +1.0% |
| Trade debts | 44 | €9,276 | €4,943 | -€4,333 | -46.7% |
| Suppliers | 440/4 | €9,276 | €4,943 | -€4,333 | -46.7% |
| Taxes, remuneration and social security | 45 | €9,166 | €0 | -€9,166 | -100.0% |
| Taxes | 450/3 | €9,166 | €0 | -€9,166 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,280,662 | €1,265,532 | -€15,130 | -1.2% |
| Accrued charges and deferred income | 492/3 | €436,070 | €397,840 | -€38,230 | -8.8% |
| Non-recurring operating income | 76A | €460,027 | €0 | -€460,027 | -100.0% |
| Remuneration, social security and pensions | 62 | €837 | €0 | -€837 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,223 | €136,819 | -€404 | -0.3% |
| Other operating charges | 640/8 | €26,263 | €28,914 | +€2,650 | +10.1% |
| Gross operating margin | 9900 | €743,892 | €193,541 | -€550,350 | -74.0% |
| Operating profit (loss) | 9901 | €579,569 | €27,809 | -€551,760 | -95.2% |
| Financial income | 75/76B | €24,439 | €46,417 | +€21,978 | +89.9% |
| Recurring financial income | 75 | €24,439 | €46,417 | +€21,978 | +89.9% |
| Financial charges | 65/66B | €20,905 | €29,192 | +€8,286 | +39.6% |
| Recurring financial charges | 65 | €20,905 | €29,192 | +€8,286 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €583,103 | €45,034 | -€538,069 | -92.3% |
| Transfer from deferred taxes | 780 | €11,118 | €20,627 | +€9,509 | +85.5% |
| Transfer to deferred taxes | 680 | €110,314 | €0 | -€110,314 | -100.0% |
| Income taxes | 67/77 | €38,797 | €27,447 | -€11,350 | -29.3% |
| Profit (loss) for the period | 9904 | €445,110 | €38,214 | -€406,896 | -91.4% |
| Transfer from tax-exempt reserves | 789 | €53,163 | €61,881 | +€8,718 | +16.4% |
| Transfer to tax-exempt reserves | 689 | €330,941 | €0 | -€330,941 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €167,333 | €100,096 | -€67,237 | -40.2% |
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.