NAJOMA: 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.
NAJOMA
Largest movements
- Cash +€3,570
up €3,570 (+27.9%), from €12,782 to €16,351
mainly Tax, wage and social debts (+€2,607) and Net result for the year (+€2,484)
- Tangible fixed assets +€1,627
up €1,627 (+41.2%), from €3,953 to €5,580
of which Furniture and vehicles: +€1,139
- Receivables within one year -€934
down €934 (-58.8%), from €1,587 to €653
of which Trade receivables: -€746
- Financial fixed assets +€799
new in 2025: €799
- Tax, wage and social debts +€2,607
up €2,607 (+75.8%), from €3,441 to €6,048
of which Remuneration and social security: +€3,000
- Profit (loss) carried forward +€2,484
up €2,484 (+21.2%), from €11,721 to €14,205
- Gross operating margin -€4,403
down €4,403 (-33.3%), from €13,209 to €8,805
- Taxes +€2,595
new in 2025: €2,595
- Depreciation +€1,504
up €1,504 (+594.7%), from €253 to €1,756
- Financial charges +€1,021
up €1,021 (+201.4%), from €507 to €1,528
- Other operating charges -€225
down €225 (-30.9%), from €728 to €503
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 | €19,162 | €24,253 | +€5,091 | +26.6% |
| Fixed assets | 21/28 | €3,953 | €6,379 | +€2,426 | +61.4% |
| Tangible fixed assets | 22/27 | €3,953 | €5,580 | +€1,627 | +41.2% |
| Plant, machinery and equipment | 23 | - | €488 | +€488 | |
| Furniture and vehicles | 24 | €3,953 | €5,092 | +€1,139 | +28.8% |
| Financial fixed assets | 28 | - | €799 | +€799 | |
| Current assets | 29/58 | €15,209 | €17,874 | +€2,665 | +17.5% |
| Amounts receivable within one year | 40/41 | €1,587 | €653 | -€934 | -58.8% |
| Trade receivables | 40 | €1,399 | €653 | -€746 | -53.3% |
| Other amounts receivable | 41 | €188 | - | -€188 | |
| Cash at bank and in hand | 54/58 | €12,782 | €16,351 | +€3,570 | +27.9% |
| Deferred charges and accrued income | 490/1 | €840 | €869 | +€29 | +3.4% |
| Total equity and liabilities | 10/49 | €19,162 | €24,253 | +€5,091 | +26.6% |
| Equity | 10/15 | €15,721 | €18,205 | +€2,484 | +15.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,721 | €14,205 | +€2,484 | +21.2% |
| Amounts payable | 17/49 | €3,441 | €6,048 | +€2,607 | +75.8% |
| Amounts payable within one year | 42/48 | €3,441 | €6,048 | +€2,607 | +75.8% |
| Taxes, remuneration and social security | 45 | €3,441 | €6,048 | +€2,607 | +75.8% |
| Taxes | 450/3 | €3,441 | €3,048 | -€393 | -11.4% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253 | €1,756 | +€1,504 | +594.7% |
| Other operating charges | 640/8 | €728 | €503 | -€225 | -30.9% |
| Gross operating margin | 9900 | €13,209 | €8,805 | -€4,403 | -33.3% |
| Operating profit (loss) | 9901 | €12,228 | €6,546 | -€5,682 | -46.5% |
| Financial income | 75/76B | €0 | €61 | +€61 | +122080.0% |
| Recurring financial income | 75 | €0 | €61 | +€61 | +122080.0% |
| Financial charges | 65/66B | €507 | €1,528 | +€1,021 | +201.4% |
| Recurring financial charges | 65 | €507 | €1,528 | +€1,021 | +201.4% |
| Profit (loss) for the period before taxes | 9903 | €11,721 | €5,079 | -€6,642 | -56.7% |
| Income taxes | 67/77 | - | €2,595 | +€2,595 | |
| Profit (loss) for the period | 9904 | €11,721 | €2,484 | -€9,238 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,721 | €2,484 | -€9,238 | -78.8% |
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 7 October 2026 via checked.be.