INTERFACE 3 - NAMUR: 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.
INTERFACE 3 - NAMUR
Largest movements
- Current investments -€25,474
down €25,474 (-22.7%), from €112,411 to €86,937
- Receivables within one year -€15,525
down €15,525 (-6.8%), from €228,935 to €213,410
of which Trade receivables: -€15,012
- Cash -€11,925
down €11,925 (-46.4%), from €25,720 to €13,795
mainly Accrued charges and deferred income (-€80,761) and Investment in fixed assets (net) (-€20,725)
- Tangible fixed assets -€5,459
down €5,459 (-18.4%), from €29,597 to €24,138
of which Furniture and vehicles: -€6,560
- Accrued charges and deferred income -€80,761
down €80,761 (-80.3%), from €100,569 to €19,808
- Provisions +€20,000
up €20,000 (+16.9%), from €118,000 to €138,000
- Debts within one year -€17,019
down €17,019 (-12.7%), from €133,643 to €116,624
of which Trade debts: -€22,392
- Profit (loss) carried forward +€10,714
up €10,714 (+27.3%), from €39,250 to €49,964
- Investment grants +€6,539
up €6,539 (+56.4%), from €11,593 to €18,132
- Staff costs +€36,185
up €36,185 (+5.1%), from €708,228 to €744,413
- Write-downs +€10,000
up €10,000 (+100%), from €10,000 to €20,000
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 | €403,055 | €342,528 | -€60,527 | -15.0% |
| Fixed assets | 21/28 | €33,837 | €28,069 | -€5,768 | -17.0% |
| Intangible fixed assets | 21 | €2,450 | €1,633 | -€817 | -33.3% |
| Tangible fixed assets | 22/27 | €29,597 | €24,138 | -€5,459 | -18.4% |
| Plant, machinery and equipment | 23 | €13,165 | €14,266 | +€1,101 | +8.4% |
| Furniture and vehicles | 24 | €16,432 | €9,872 | -€6,560 | -39.9% |
| Financial fixed assets | 28 | €1,790 | €2,298 | +€508 | +28.4% |
| Current assets | 29/58 | €369,218 | €314,459 | -€54,759 | -14.8% |
| Amounts receivable within one year | 40/41 | €228,935 | €213,410 | -€15,525 | -6.8% |
| Trade receivables | 40 | €15,405 | €393 | -€15,012 | -97.4% |
| Other amounts receivable | 41 | €213,530 | €213,017 | -€513 | -0.2% |
| Current investments | 50/53 | €112,411 | €86,937 | -€25,474 | -22.7% |
| Cash at bank and in hand | 54/58 | €25,720 | €13,795 | -€11,925 | -46.4% |
| Deferred charges and accrued income | 490/1 | €2,152 | €317 | -€1,835 | -85.3% |
| Total equity and liabilities | 10/49 | €403,055 | €342,528 | -€60,527 | -15.0% |
| Equity | 10/15 | €50,843 | €68,096 | +€17,253 | +33.9% |
| Profit (loss) carried forward | 14 | €39,250 | €49,964 | +€10,714 | +27.3% |
| Investment grants | 15 | €11,593 | €18,132 | +€6,539 | +56.4% |
| Provisions and deferred taxes | 16 | €118,000 | €138,000 | +€20,000 | +16.9% |
| Provisions for liabilities and charges | 160/5 | €118,000 | €138,000 | +€20,000 | +16.9% |
| Taxes | 161 | €118,000 | €138,000 | +€20,000 | +16.9% |
| Amounts payable | 17/49 | €234,212 | €136,432 | -€97,780 | -41.7% |
| Amounts payable within one year | 42/48 | €133,643 | €116,624 | -€17,019 | -12.7% |
| Trade debts | 44 | €31,274 | €8,882 | -€22,392 | -71.6% |
| Suppliers | 440/4 | €31,274 | €8,882 | -€22,392 | -71.6% |
| Taxes, remuneration and social security | 45 | €37,427 | €51,059 | +€13,632 | +36.4% |
| Remuneration and social security | 454/9 | €37,427 | €51,059 | +€13,632 | +36.4% |
| Accrued charges and deferred income | 492/3 | €100,569 | €19,808 | -€80,761 | -80.3% |
| Remuneration, social security and pensions | 62 | €708,228 | €744,413 | +€36,185 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,282 | €26,493 | +€4,211 | +18.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,000 | €20,000 | +€10,000 | +100% |
| Non-recurring operating charges | 66A | - | €1,636 | +€1,636 | |
| Gross operating margin | 9900 | €795,472 | €791,066 | -€4,406 | -0.6% |
| Operating profit (loss) | 9901 | €24,962 | -€1,476 | -€26,438 | |
| Financial income | 75/76B | €6,894 | €12,654 | +€5,760 | +83.6% |
| Recurring financial income | 75 | €6,894 | €12,654 | +€5,760 | +83.6% |
| Financial charges | 65/66B | €864 | €464 | -€400 | -46.3% |
| Recurring financial charges | 65 | €864 | €464 | -€400 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €30,992 | €10,714 | -€20,278 | -65.4% |
| Profit (loss) for the period | 9904 | €30,992 | €10,714 | -€20,278 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,992 | €10,714 | -€20,278 | -65.4% |
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 20 October 2026 via checked.be.