NPMC: 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.
NPMC
Largest movements
- Receivables within one year +€13,129
up €13,129 (+35.5%), from €36,951 to €50,081
of which Trade receivables: +€13,129
- Tangible fixed assets +€2,892
up €2,892 (+68.8%), from €4,203 to €7,096
of which Plant, machinery and equipment: +€3,264
- Deferred charges and accrued income -€1,351
down €1,351 (-35.2%), from €3,842 to €2,491
- Profit (loss) carried forward +€282,156
up €282,156 (+22.2%), from -€1.3m to -€989,818
- Other debts -€265,302
down €265,302 (-22.2%), from €1.2m to €930,100
- Short-term financial debts -€8,000
down €8,000 (-8.4%), from €95,000 to €87,000
- Tax, wage and social debts +€6,751
up €6,751 (+51.7%), from €13,058 to €19,809
- Gross operating margin +€197,622
up €197,622 (+201.0%), from €98,318 to €295,939
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 | €57,343 | €72,703 | +€15,361 | +26.8% |
| Fixed assets | 21/28 | €15,253 | €18,146 | +€2,892 | +19.0% |
| Tangible fixed assets | 22/27 | €4,203 | €7,096 | +€2,892 | +68.8% |
| Plant, machinery and equipment | 23 | €2,256 | €5,521 | +€3,264 | +144.7% |
| Furniture and vehicles | 24 | €197 | - | -€197 | |
| Other tangible fixed assets | 26 | €1,750 | €1,575 | -€175 | -10.0% |
| Financial fixed assets | 28 | €11,050 | €11,050 | = | 0.0% |
| Current assets | 29/58 | €42,089 | €54,558 | +€12,468 | +29.6% |
| Amounts receivable within one year | 40/41 | €36,951 | €50,081 | +€13,129 | +35.5% |
| Trade receivables | 40 | €34,451 | €47,581 | +€13,129 | +38.1% |
| Other amounts receivable | 41 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,296 | €1,986 | +€690 | +53.2% |
| Deferred charges and accrued income | 490/1 | €3,842 | €2,491 | -€1,351 | -35.2% |
| Total equity and liabilities | 10/49 | €57,343 | €72,703 | +€15,361 | +26.8% |
| Equity | 10/15 | -€1,252,714 | -€970,558 | +€282,156 | +22.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,271,974 | -€989,818 | +€282,156 | +22.2% |
| Amounts payable | 17/49 | €1,310,057 | €1,043,261 | -€266,796 | -20.4% |
| Amounts payable within one year | 42/48 | €1,308,014 | €1,041,837 | -€266,177 | -20.3% |
| Financial debts | 43 | €95,000 | €87,000 | -€8,000 | -8.4% |
| Credit institutions | 430/8 | €95,000 | €87,000 | -€8,000 | -8.4% |
| Trade debts | 44 | €4,555 | €4,929 | +€374 | +8.2% |
| Suppliers | 440/4 | €4,555 | €4,929 | +€374 | +8.2% |
| Taxes, remuneration and social security | 45 | €13,058 | €19,809 | +€6,751 | +51.7% |
| Taxes | 450/3 | €13,058 | €19,809 | +€6,751 | +51.7% |
| Other amounts payable | 47/48 | €1,195,401 | €930,100 | -€265,302 | -22.2% |
| Accrued charges and deferred income | 492/3 | €2,043 | €1,424 | -€618 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,575 | €1,673 | +€98 | +6.2% |
| Other operating charges | 640/8 | €1,760 | €1,184 | -€576 | -32.7% |
| Gross operating margin | 9900 | €98,318 | €295,939 | +€197,622 | +201.0% |
| Operating profit (loss) | 9901 | €94,982 | €293,082 | +€198,100 | +208.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8,854 | €10,246 | +€1,392 | +15.7% |
| Recurring financial charges | 65 | €8,854 | €10,246 | +€1,392 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €86,128 | €282,836 | +€196,708 | +228.4% |
| Income taxes | 67/77 | €1,293 | €680 | -€613 | -47.4% |
| Profit (loss) for the period | 9904 | €84,836 | €282,156 | +€197,321 | +232.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,836 | €282,156 | +€197,321 | +232.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.