NAMATIS: 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.
NAMATIS
Largest movements
- Cash +€58,449
up €58,449 (+129.1%), from €45,289 to €103,738
mainly Net result for the year (+€51,040) and Receivables within one year (+€4,475)
- Receivables within one year -€4,475
down €4,475 (-19.1%), from €23,374 to €18,899
of which Trade receivables: -€9,625
- Profit (loss) carried forward +€50,207
up €50,207 (+80.4%), from €62,430 to €112,636
- Other debts +€2,315
up €2,315 (+45.2%), from €5,122 to €7,436
- Gross operating margin -€13,512
down €13,512 (-16.5%), from €81,736 to €68,224
- Taxes -€2,908
down €2,908 (-17.5%), from €16,593 to €13,685
- Depreciation +€1,621
up €1,621 (+88.1%), from €1,840 to €3,461
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 | €75,776 | €128,924 | +€53,148 | +70.1% |
| Fixed assets | 21/28 | €7,113 | €5,901 | -€1,212 | -17.0% |
| Tangible fixed assets | 22/27 | €7,113 | €5,901 | -€1,212 | -17.0% |
| Furniture and vehicles | 24 | €7,113 | €5,901 | -€1,212 | -17.0% |
| Current assets | 29/58 | €68,663 | €123,023 | +€54,360 | +79.2% |
| Amounts receivable within one year | 40/41 | €23,374 | €18,899 | -€4,475 | -19.1% |
| Trade receivables | 40 | €23,374 | €13,749 | -€9,625 | -41.2% |
| Other amounts receivable | 41 | - | €5,150 | +€5,150 | |
| Cash at bank and in hand | 54/58 | €45,289 | €103,738 | +€58,449 | +129.1% |
| Deferred charges and accrued income | 490/1 | - | €386 | +€386 | |
| Total equity and liabilities | 10/49 | €75,776 | €128,924 | +€53,148 | +70.1% |
| Equity | 10/15 | €62,930 | €113,136 | +€50,207 | +79.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,430 | €112,636 | +€50,207 | +80.4% |
| Amounts payable | 17/49 | €12,847 | €15,788 | +€2,942 | +22.9% |
| Amounts payable within one year | 42/48 | €12,847 | €15,788 | +€2,942 | +22.9% |
| Trade debts | 44 | €484 | €681 | +€197 | +40.8% |
| Suppliers | 440/4 | €484 | €681 | +€197 | +40.8% |
| Taxes, remuneration and social security | 45 | €7,241 | €7,671 | +€430 | +5.9% |
| Taxes | 450/3 | €7,241 | €7,671 | +€430 | +5.9% |
| Other amounts payable | 47/48 | €5,122 | €7,436 | +€2,315 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,840 | €3,461 | +€1,621 | +88.1% |
| Gross operating margin | 9900 | €81,736 | €68,224 | -€13,512 | -16.5% |
| Operating profit (loss) | 9901 | €79,896 | €64,763 | -€15,133 | -18.9% |
| Financial income | 75/76B | €4 | €2 | -€3 | -62.6% |
| Recurring financial income | 75 | €4 | €2 | -€3 | -62.6% |
| Financial charges | 65/66B | €45 | €40 | -€5 | -10.1% |
| Recurring financial charges | 65 | €45 | €40 | -€5 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €79,855 | €64,724 | -€15,131 | -18.9% |
| Income taxes | 67/77 | €16,593 | €13,685 | -€2,908 | -17.5% |
| Profit (loss) for the period | 9904 | €63,263 | €51,040 | -€12,223 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,263 | €51,040 | -€12,223 | -19.3% |
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 6 October 2026 via checked.be.