NAMEBEL: 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.
What changed
NAMEBEL
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€450,813
2024 · €544,415-€93,602
Equity
€162,757
2024 · €271,944-€109,187
Cash
€164,831
2024 · €883,441-€718,609
Balance sheet total
€1.4m
2024 · €1.3m+€43,975
Largest movements
Assets
- Tangible fixed assets +€727,620
up €727,620 (+1270.8%), from €57,255 to €784,876
of which Plant, machinery and equipment: +€710,606
- Cash -€718,609
down €718,609 (-81.3%), from €883,441 to €164,831
mainly Investment in fixed assets (net) (-€782,679) and Contributions, distributions and other (-€560,000)
- Stocks and contracts +€41,598
up €41,598 (+13.7%), from €303,270 to €344,868
Equity and liabilities
- Other debts +€143,148
up €143,148 (+26.0%), from €550,550 to €693,699
- Reserves -€108,913
down €108,913 (-56.1%), from €194,304 to €85,391
of which Tax-exempt reserves: -€108,913
- Trade debts +€70,869
up €70,869 (+45.1%), from €157,294 to €228,163
- Tax, wage and social debts -€66,319
down €66,319 (-32.1%), from €206,539 to €140,220
of which Taxes: -€56,819
Income statement
- Purchases and services +€93,760
up €93,760 (+3.4%), from €2.8m to €2.9m
- Gross operating margin -€62,878
down €62,878 (-5.5%), from €1.2m to €1.1m
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.
Result 2024
€544,415
Gross operating margin
-€62,878
Staff costs
-€6,139
Depreciation
-€29,238
Write-downs
-€8,365
Provisions
-€1,666
Other operating charges
-€913
Other operating items
-€17,139
Financial income
+€1,507
Financial charges
-€712
Taxes
+€31,940
Result 2025
€450,813
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.
From operations
+€624,069
Investment
-€782,679
Financing
-€560,000
Cash 2024
€883,441
From operations (derived)
+€624,069
Net result for the year
+€450,813
Depreciation
+€55,058
Stocks and contracts
-€41,598
Smaller working-capital items
+€2,225
Deferred charges and accrued income
+€5,994
Trade debts
+€70,869
Tax, wage and social debts
-€66,319
Advances received
+€3,879
Other debts
+€143,148
Investment (derived)
-€782,679
Investment in fixed assets (net)
-€782,679
Financing
-€560,000
Contributions, distributions and other
-€560,000
Cash 2025
€164,831
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,320,384 | €1,364,358 | +€43,975 | +3.3% |
| Fixed assets | 21/28 | €57,355 | €784,976 | +€727,620 | +1268.6% |
| Tangible fixed assets | 22/27 | €57,255 | €784,876 | +€727,620 | +1270.8% |
| Plant, machinery and equipment | 23 | €36,499 | €747,105 | +€710,606 | +1946.9% |
| Furniture and vehicles | 24 | €20,756 | €37,770 | +€17,015 | +82.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €1,263,028 | €579,382 | -€683,646 | -54.1% |
| Stocks and contracts in progress | 3 | €303,270 | €344,868 | +€41,598 | +13.7% |
| Stocks | 30/36 | €303,270 | €344,868 | +€41,598 | +13.7% |
| Amounts receivable within one year | 40/41 | €69,090 | €68,451 | -€640 | -0.9% |
| Trade receivables | 40 | €54,034 | €63,700 | +€9,666 | +17.9% |
| Other amounts receivable | 41 | €15,056 | €4,750 | -€10,306 | -68.4% |
| Cash at bank and in hand | 54/58 | €883,441 | €164,831 | -€718,609 | -81.3% |
| Deferred charges and accrued income | 490/1 | €7,227 | €1,233 | -€5,994 | -82.9% |
| Total equity and liabilities | 10/49 | €1,320,384 | €1,364,358 | +€43,975 | +3.3% |
| Equity | 10/15 | €271,944 | €162,757 | -€109,187 | -40.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €194,304 | €85,391 | -€108,913 | -56.1% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €132,788 | €23,875 | -€108,913 | -82.0% |
| Distributable reserves | 133 | €54,016 | €54,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,640 | €2,366 | -€274 | -10.4% |
| Provisions and deferred taxes | 16 | €69,325 | €70,907 | +€1,582 | +2.3% |
| Provisions for liabilities and charges | 160/5 | €60,146 | €62,949 | +€2,803 | +4.7% |
| Environmental obligations | 163 | €60,146 | - | -€60,146 | |
| Other liabilities and charges | 164/5 | - | €62,949 | +€62,949 | |
| Deferred taxes | 168 | €9,180 | €7,958 | -€1,221 | -13.3% |
| Amounts payable | 17/49 | €979,114 | €1,130,695 | +€151,581 | +15.5% |
| Amounts payable within one year | 42/48 | €979,067 | €1,130,644 | +€151,577 | +15.5% |
| Trade debts | 44 | €157,294 | €228,163 | +€70,869 | +45.1% |
| Suppliers | 440/4 | €157,294 | €228,163 | +€70,869 | +45.1% |
| Advances received on contracts in progress | 46 | €64,684 | €68,563 | +€3,879 | +6.0% |
| Taxes, remuneration and social security | 45 | €206,539 | €140,220 | -€66,319 | -32.1% |
| Taxes | 450/3 | €151,224 | €94,405 | -€56,819 | -37.6% |
| Remuneration and social security | 454/9 | €55,315 | €45,815 | -€9,500 | -17.2% |
| Other amounts payable | 47/48 | €550,550 | €693,699 | +€143,148 | +26.0% |
| Accrued charges and deferred income | 492/3 | €47 | €51 | +€3 | +7.0% |
| Turnover | 70 | €3,932,081 | €3,956,424 | +€24,343 | +0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,790,920 | €2,884,680 | +€93,760 | +3.4% |
| Remuneration, social security and pensions | 62 | €427,843 | €433,982 | +€6,139 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,820 | €55,058 | +€29,238 | +113.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,640 | €5,725 | +€8,365 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,137 | €2,803 | +€1,666 | +146.5% |
| Other operating charges | 640/8 | €24,337 | €25,249 | +€913 | +3.8% |
| Non-recurring operating charges | 66A | - | €17,139 | +€17,139 | |
| Gross operating margin | 9900 | €1,153,651 | €1,090,772 | -€62,878 | -5.5% |
| Operating profit (loss) | 9901 | €677,154 | €550,816 | -€126,338 | -18.7% |
| Financial income | 75/76B | €55,675 | €57,183 | +€1,507 | +2.7% |
| Recurring financial income | 75 | €55,675 | €57,183 | +€1,507 | +2.7% |
| Financial charges | 65/66B | €5,210 | €5,922 | +€712 | +13.7% |
| Recurring financial charges | 65 | €5,210 | €5,922 | +€712 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €727,619 | €602,076 | -€125,542 | -17.3% |
| Transfer from deferred taxes | 780 | €1,221 | €1,221 | = | 0.0% |
| Income taxes | 67/77 | €184,425 | €152,485 | -€31,940 | -17.3% |
| Profit (loss) for the period | 9904 | €544,415 | €450,813 | -€93,602 | -17.2% |
| Transfer from tax-exempt reserves | 789 | €3,663 | €108,913 | +€105,250 | +2873.0% |
| Profit (loss) for the period to be appropriated | 9905 | €548,078 | €559,726 | +€11,648 | +2.1% |
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.