NOMICH: 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.
NOMICH
Largest movements
- Receivables after one year -€183,000
down €183,000 (-32.3%), from €566,600 to €383,600
of which Trade receivables: -€566,600
- Tangible fixed assets -€129,802
down €129,802 (-13.5%), from €963,825 to €834,023
of which Land and buildings: -€96,389
- Current investments +€102,800
up €102,800 (+43.6%), from €235,884 to €338,684
- Receivables within one year -€89,100
down €89,100 (-67.6%), from €131,870 to €42,769
of which Other amounts receivable: -€119,809
- Financial fixed assets -€73,333
down €73,333 (-32.8%), from €223,333 to €150,000
- Debts after one year -€601,509
down €601,509 (-52.5%), from €1.1m to €543,700
- Reserves +€268,878
up €268,878 (+33.0%), from €815,012 to €1.1m
- Short-term financial debts +€33,663
new in 2025: €33,663
- Current portion of long-term debt -€33,551
down €33,551 (-39.1%), from €85,727 to €52,176
- Gross operating margin -€154,820
down €154,820 (-30.7%), from €503,881 to €349,062
- Taxes -€41,070
down €41,070 (-30.9%), from €132,948 to €91,879
- Financial charges -€35,914
down €35,914 (-56.6%), from €63,472 to €27,558
- Financial income +€16,355
up €16,355 (+11.9%), from €137,413 to €153,768
of which Financial income: +€139,355
- Staff costs +€8,651
up €8,651 (+41.8%), from €20,716 to €29,367
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 | €2,340,154 | €1,988,324 | -€351,830 | -15.0% |
| Fixed assets | 21/28 | €1,187,159 | €984,023 | -€203,135 | -17.1% |
| Tangible fixed assets | 22/27 | €963,825 | €834,023 | -€129,802 | -13.5% |
| Land and buildings | 22 | €659,876 | €563,487 | -€96,389 | -14.6% |
| Furniture and vehicles | 24 | €72,385 | €55,810 | -€16,575 | -22.9% |
| Leasing and similar rights | 25 | €184,903 | €168,761 | -€16,142 | -8.7% |
| Other tangible fixed assets | 26 | €46,661 | €45,965 | -€696 | -1.5% |
| Financial fixed assets | 28 | €223,333 | €150,000 | -€73,333 | -32.8% |
| Current assets | 29/58 | €1,152,995 | €1,004,300 | -€148,695 | -12.9% |
| Amounts receivable after more than one year | 29 | €566,600 | €383,600 | -€183,000 | -32.3% |
| Trade receivables | 290 | €566,600 | - | -€566,600 | |
| Other amounts receivable | 291 | - | €383,600 | +€383,600 | |
| Amounts receivable within one year | 40/41 | €131,870 | €42,769 | -€89,100 | -67.6% |
| Trade receivables | 40 | €3,544 | €34,253 | +€30,709 | +866.5% |
| Other amounts receivable | 41 | €128,326 | €8,516 | -€119,809 | -93.4% |
| Current investments | 50/53 | €235,884 | €338,684 | +€102,800 | +43.6% |
| Cash at bank and in hand | 54/58 | €212,433 | €219,569 | +€7,136 | +3.4% |
| Deferred charges and accrued income | 490/1 | €6,208 | €19,678 | +€13,470 | +217.0% |
| Total equity and liabilities | 10/49 | €2,340,154 | €1,988,324 | -€351,830 | -15.0% |
| Equity | 10/15 | €885,471 | €1,154,349 | +€268,878 | +30.4% |
| Contributions | 10/11 | €70,459 | €70,459 | = | 0.0% |
| Reserves | 13 | €815,012 | €1,083,890 | +€268,878 | +33.0% |
| Distributable reserves | 133 | €815,012 | €1,083,890 | +€268,878 | +33.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,454,683 | €833,975 | -€620,708 | -42.7% |
| Amounts payable after more than one year | 17 | €1,145,209 | €543,700 | -€601,509 | -52.5% |
| Financial debts | 170/4 | €1,145,209 | €543,700 | -€601,509 | -52.5% |
| Amounts payable within one year | 42/48 | €270,497 | €272,664 | +€2,167 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €85,727 | €52,176 | -€33,551 | -39.1% |
| Financial debts | 43 | - | €33,663 | +€33,663 | |
| Credit institutions | 430/8 | - | €33,663 | +€33,663 | |
| Trade debts | 44 | €3,248 | €5,622 | +€2,374 | +73.1% |
| Suppliers | 440/4 | €3,248 | €5,622 | +€2,374 | +73.1% |
| Taxes, remuneration and social security | 45 | €66,870 | €79,395 | +€12,525 | +18.7% |
| Taxes | 450/3 | €65,464 | €77,298 | +€11,834 | +18.1% |
| Remuneration and social security | 454/9 | €1,406 | €2,097 | +€690 | +49.1% |
| Other amounts payable | 47/48 | €114,652 | €101,808 | -€12,844 | -11.2% |
| Accrued charges and deferred income | 492/3 | €38,977 | €17,610 | -€21,366 | -54.8% |
| Non-recurring operating income | 76A | €282,126 | €41,847 | -€240,279 | -85.2% |
| Remuneration, social security and pensions | 62 | €20,716 | €29,367 | +€8,651 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,008 | €54,604 | +€6,597 | +13.7% |
| Other operating charges | 640/8 | €7,097 | €3,992 | -€3,105 | -43.8% |
| Gross operating margin | 9900 | €503,881 | €349,062 | -€154,820 | -30.7% |
| Operating profit (loss) | 9901 | €428,061 | €261,099 | -€166,962 | -39.0% |
| Financial income | 75/76B | €137,413 | €153,768 | +€16,355 | +11.9% |
| Recurring financial income | 75 | €14,413 | €153,768 | +€139,355 | +966.9% |
| Non-recurring financial income | 76B | €123,000 | €0 | -€123,000 | -100.0% |
| Financial charges | 65/66B | €63,472 | €27,558 | -€35,914 | -56.6% |
| Recurring financial charges | 65 | €63,472 | €27,558 | -€35,914 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €502,002 | €387,309 | -€114,693 | -22.8% |
| Income taxes | 67/77 | €132,948 | €91,879 | -€41,070 | -30.9% |
| Profit (loss) for the period | 9904 | €369,053 | €295,430 | -€73,623 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €369,053 | €295,430 | -€73,623 | -19.9% |
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.