NAMATOLO: 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.
NAMATOLO
Largest movements
- Receivables within one year +€17,424
up €17,424 (+63.3%), from €27,520 to €44,944
- Cash +€11,191
up €11,191 (+52.2%), from €21,452 to €32,643
mainly Other debts (+€35,082) and Tax, wage and social debts (+€12,807)
- Tangible fixed assets -€2,746
down €2,746 (-20.3%), from €13,503 to €10,757
of which Furniture and vehicles: -€1,672
- Other debts +€35,082
up €35,082 (+16.3%), from €214,964 to €250,046
- Profit (loss) carried forward -€20,928
down €20,928 (-17.0%), from -€123,425 to -€144,353
- Tax, wage and social debts +€12,807
up €12,807 (+32.9%), from €38,895 to €51,702
of which Remuneration and social security: +€12,139
- Financial charges -€11,344
down €11,344 (-20.9%), from €54,179 to €42,835
- Gross operating margin +€7,349
up €7,349 (+41.0%), from €17,918 to €25,267
- Taxes -€322
no longer reported in 2025 (was €322)
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 | €137,714 | €163,818 | +€26,104 | +19.0% |
| Fixed assets | 21/28 | €88,507 | €85,761 | -€2,746 | -3.1% |
| Tangible fixed assets | 22/27 | €13,503 | €10,757 | -€2,746 | -20.3% |
| Furniture and vehicles | 24 | €1,762 | €90 | -€1,672 | -94.9% |
| Other tangible fixed assets | 26 | €11,741 | €10,667 | -€1,073 | -9.1% |
| Financial fixed assets | 28 | €75,004 | €75,004 | = | 0.0% |
| Current assets | 29/58 | €49,207 | €78,057 | +€28,850 | +58.6% |
| Amounts receivable within one year | 40/41 | €27,520 | €44,944 | +€17,424 | +63.3% |
| Trade receivables | 40 | €27,520 | €44,944 | +€17,424 | +63.3% |
| Cash at bank and in hand | 54/58 | €21,452 | €32,643 | +€11,191 | +52.2% |
| Deferred charges and accrued income | 490/1 | €235 | €470 | +€235 | +99.9% |
| Total equity and liabilities | 10/49 | €137,714 | €163,818 | +€26,104 | +19.0% |
| Equity | 10/15 | -€117,025 | -€137,953 | -€20,928 | -17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,425 | -€144,353 | -€20,928 | -17.0% |
| Amounts payable | 17/49 | €254,739 | €301,771 | +€47,032 | +18.5% |
| Amounts payable within one year | 42/48 | €254,739 | €301,771 | +€47,032 | +18.5% |
| Trade debts | 44 | €880 | €23 | -€856 | -97.3% |
| Suppliers | 440/4 | €880 | €23 | -€856 | -97.3% |
| Taxes, remuneration and social security | 45 | €38,895 | €51,702 | +€12,807 | +32.9% |
| Taxes | 450/3 | €9,087 | €9,755 | +€667 | +7.3% |
| Remuneration and social security | 454/9 | €29,808 | €41,947 | +€12,139 | +40.7% |
| Other amounts payable | 47/48 | €214,964 | €250,046 | +€35,082 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,746 | €2,746 | = | 0.0% |
| Other operating charges | 640/8 | €758 | €614 | -€144 | -18.9% |
| Gross operating margin | 9900 | €17,918 | €25,267 | +€7,349 | +41.0% |
| Operating profit (loss) | 9901 | €14,415 | €21,907 | +€7,492 | +52.0% |
| Financial charges | 65/66B | €54,179 | €42,835 | -€11,344 | -20.9% |
| Recurring financial charges | 65 | €54,179 | €42,835 | -€11,344 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€39,764 | -€20,928 | +€18,836 | +47.4% |
| Income taxes | 67/77 | €322 | - | -€322 | |
| Profit (loss) for the period | 9904 | -€40,086 | -€20,928 | +€19,158 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,086 | -€20,928 | +€19,158 | +47.8% |
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 11 October 2026 via checked.be.