NYMA: 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.
NYMA
Largest movements
- Tangible fixed assets +€246,437
up €246,437 (+91.7%), from €268,631 to €515,067
of which Land and buildings: +€248,833
- Receivables within one year +€43,534
up €43,534 (+52.3%), from €83,254 to €126,788
of which Other amounts receivable: +€58,943
- Cash -€19,693
down €19,693 (-38.3%), from €51,462 to €31,769
mainly Investment in fixed assets (net) (-€293,293) and Receivables within one year (-€43,534)
- Debts after one year +€272,174
up €272,174 (+170%), from €160,204 to €432,377
- Depreciation +€31,023
up €31,023 (+196%), from €15,833 to €46,857
- Gross operating margin +€14,393
up €14,393 (+12.3%), from €117,191 to €131,584
- Staff costs +€6,821
up €6,821 (+9.8%), from €69,302 to €76,123
- Taxes -€3,586
down €3,586 (-59.6%), from €6,020 to €2,434
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.
Derived cash bridge
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 | €404,765 | €675,413 | +€270,648 | +66.9% |
| Fixed assets | 21/28 | €268,631 | €515,067 | +€246,437 | +91.7% |
| Tangible fixed assets | 22/27 | €268,631 | €515,067 | +€246,437 | +91.7% |
| Land and buildings | 22 | €265,757 | €514,590 | +€248,833 | +93.6% |
| Plant, machinery and equipment | 23 | €2,874 | €478 | -€2,396 | -83.4% |
| Current assets | 29/58 | €136,134 | €160,345 | +€24,211 | +17.8% |
| Amounts receivable within one year | 40/41 | €83,254 | €126,788 | +€43,534 | +52.3% |
| Trade receivables | 40 | €64,599 | €49,191 | -€15,409 | -23.9% |
| Other amounts receivable | 41 | €18,655 | €77,597 | +€58,943 | +316% |
| Cash at bank and in hand | 54/58 | €51,462 | €31,769 | -€19,693 | -38.3% |
| Deferred charges and accrued income | 490/1 | €1,418 | €1,788 | +€370 | +26.1% |
| Total equity and liabilities | 10/49 | €404,765 | €675,413 | +€270,648 | +66.9% |
| Equity | 10/15 | €188,643 | €187,993 | -€651 | -0.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,183 | €167,533 | -€651 | -0.4% |
| Amounts payable | 17/49 | €216,121 | €487,420 | +€271,298 | +126% |
| Amounts payable after more than one year | 17 | €160,204 | €432,377 | +€272,174 | +170% |
| Financial debts | 170/4 | €160,204 | €432,377 | +€272,174 | +170% |
| Amounts payable within one year | 42/48 | €55,918 | €55,042 | -€875 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €19,028 | €19,338 | +€311 | +1.6% |
| Trade debts | 44 | €2,842 | - | -€2,842 | |
| Suppliers | 440/4 | €2,842 | - | -€2,842 | |
| Taxes, remuneration and social security | 45 | €31,044 | €35,704 | +€4,660 | +15.0% |
| Taxes | 450/3 | €20,179 | €25,210 | +€5,031 | +24.9% |
| Remuneration and social security | 454/9 | €10,865 | €10,494 | -€370 | -3.4% |
| Other amounts payable | 47/48 | €3,004 | - | -€3,004 | |
| Remuneration, social security and pensions | 62 | €69,302 | €76,123 | +€6,821 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,833 | €46,857 | +€31,023 | +196% |
| Other operating charges | 640/8 | €3,420 | €3,636 | +€216 | +6.3% |
| Gross operating margin | 9900 | €117,191 | €131,584 | +€14,393 | +12.3% |
| Operating profit (loss) | 9901 | €28,635 | €4,968 | -€23,667 | -82.7% |
| Financial income | 75/76B | €0 | €218 | +€218 | +1,087,900% |
| Recurring financial income | 75 | €0 | €218 | +€218 | +1,087,900% |
| Financial charges | 65/66B | €3,253 | €3,402 | +€149 | +4.6% |
| Recurring financial charges | 65 | €3,253 | €3,402 | +€149 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €25,382 | €1,784 | -€23,598 | -93.0% |
| Income taxes | 67/77 | €6,020 | €2,434 | -€3,586 | -59.6% |
| Profit (loss) for the period | 9904 | €19,362 | -€651 | -€20,012 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,362 | -€651 | -€20,012 |
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 13 October 2026 via checked.be.