Naiomi: 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.
Naiomi
Largest movements
- Receivables within one year +€28,975
up €28,975 (+72.4%), from €40,035 to €69,010
of which Trade receivables: +€16,589
- Tangible fixed assets -€5,918
down €5,918 (-44.5%), from €13,300 to €7,382
- Cash -€4,986
down €4,986 (-13.9%), from €35,807 to €30,821
mainly Receivables within one year (-€28,975) and Tax, wage and social debts (-€3,713)
- Deferred charges and accrued income -€1,621
down €1,621 (-36.2%), from €4,480 to €2,859
- Reserves +€26,370
up €26,370 (+60.4%), from €43,678 to €70,048
- Tax, wage and social debts -€3,713
down €3,713 (-18.6%), from €19,935 to €16,222
- Trade debts -€3,157
down €3,157 (-15.1%), from €20,928 to €17,771
- Current portion of long-term debt -€2,029
down €2,029 (-66.4%), from €3,055 to €1,026
- Gross operating margin -€26,199
down €26,199 (-38.5%), from €67,983 to €41,784
- Taxes -€6,101
down €6,101 (-36.9%), from €16,517 to €10,416
- Depreciation -€3,787
down €3,787 (-39.0%), from €9,705 to €5,918
- Financial income -€1,832
down €1,832 (-49.3%), from €3,718 to €1,886
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 | €93,621 | €110,072 | +€16,450 | +17.6% |
| Fixed assets | 21/28 | €13,300 | €7,382 | -€5,918 | -44.5% |
| Tangible fixed assets | 22/27 | €13,300 | €7,382 | -€5,918 | -44.5% |
| Furniture and vehicles | 24 | €13,300 | €7,382 | -€5,918 | -44.5% |
| Current assets | 29/58 | €80,322 | €102,690 | +€22,368 | +27.8% |
| Amounts receivable within one year | 40/41 | €40,035 | €69,010 | +€28,975 | +72.4% |
| Trade receivables | 40 | €13,826 | €30,414 | +€16,589 | +120% |
| Other amounts receivable | 41 | €26,209 | €38,595 | +€12,386 | +47.3% |
| Cash at bank and in hand | 54/58 | €35,807 | €30,821 | -€4,986 | -13.9% |
| Deferred charges and accrued income | 490/1 | €4,480 | €2,859 | -€1,621 | -36.2% |
| Total equity and liabilities | 10/49 | €93,621 | €110,072 | +€16,450 | +17.6% |
| Equity | 10/15 | €48,678 | €75,048 | +€26,370 | +54.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,678 | €70,048 | +€26,370 | +60.4% |
| Distributable reserves | 133 | €43,678 | €70,048 | +€26,370 | +60.4% |
| Amounts payable | 17/49 | €44,944 | €35,024 | -€9,920 | -22.1% |
| Amounts payable after more than one year | 17 | €1,026 | €0 | -€1,026 | -100% |
| Financial debts | 170/4 | €1,026 | €0 | -€1,026 | -100% |
| Amounts payable within one year | 42/48 | €43,918 | €35,018 | -€8,900 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €3,055 | €1,026 | -€2,029 | -66.4% |
| Trade debts | 44 | €20,928 | €17,771 | -€3,157 | -15.1% |
| Suppliers | 440/4 | €20,928 | €17,771 | -€3,157 | -15.1% |
| Taxes, remuneration and social security | 45 | €19,935 | €16,222 | -€3,713 | -18.6% |
| Taxes | 450/3 | €19,935 | €16,222 | -€3,713 | -18.6% |
| Accrued charges and deferred income | 492/3 | - | €6 | +€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,705 | €5,918 | -€3,787 | -39.0% |
| Other operating charges | 640/8 | €1,353 | €790 | -€563 | -41.6% |
| Gross operating margin | 9900 | €67,983 | €41,784 | -€26,199 | -38.5% |
| Operating profit (loss) | 9901 | €56,925 | €35,076 | -€21,849 | -38.4% |
| Financial income | 75/76B | €3,718 | €1,886 | -€1,832 | -49.3% |
| Recurring financial income | 75 | €3,718 | €1,886 | -€1,832 | -49.3% |
| Financial charges | 65/66B | €448 | €175 | -€272 | -60.8% |
| Recurring financial charges | 65 | €448 | €175 | -€272 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €60,195 | €36,787 | -€23,408 | -38.9% |
| Income taxes | 67/77 | €16,517 | €10,416 | -€6,101 | -36.9% |
| Profit (loss) for the period | 9904 | €43,678 | €26,370 | -€17,307 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,678 | €26,370 | -€17,307 | -39.6% |
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 19 October 2026 via checked.be.