NAMERON CONSULTING: 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.
NAMERON CONSULTING
Largest movements
- Tangible fixed assets +€24,386
up €24,386 (+20.9%), from €116,591 to €140,977
of which Furniture and vehicles: +€13,532
- Cash -€18,363
down €18,363 (-96.0%), from €19,138 to €775
mainly Investment in fixed assets (net) (-€37,534) and Contributions, distributions and other (-€36,585)
- Receivables within one year +€2,120
up €2,120 (+9.6%), from €22,113 to €24,233
of which Trade receivables: +€1,293
- Other debts -€20,876
down €20,876 (-28.8%), from €72,377 to €51,501
- Profit (loss) carried forward +€17,805
up €17,805 (+186%), from €9,561 to €27,366
- Debts after one year +€8,148
up €8,148 (+35.4%), from €23,027 to €31,176
- Tax, wage and social debts -€8,071
down €8,071 (-32.0%), from €25,226 to €17,155
of which Taxes: -€10,692
- Current portion of long-term debt +€5,441
up €5,441 (+77.1%), from €7,060 to €12,501
- Gross operating margin -€10,435
down €10,435 (-11.0%), from €94,595 to €84,160
- Depreciation -€8,074
down €8,074 (-37.1%), from €21,762 to €13,688
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 | €159,083 | €166,713 | +€7,629 | +4.8% |
| Fixed assets | 21/28 | €117,428 | €141,273 | +€23,846 | +20.3% |
| Intangible fixed assets | 21 | €836 | €296 | -€540 | -64.6% |
| Tangible fixed assets | 22/27 | €116,591 | €140,977 | +€24,386 | +20.9% |
| Land and buildings | 22 | €78,472 | €83,054 | +€4,582 | +5.8% |
| Plant, machinery and equipment | 23 | €1,176 | €836 | -€341 | -28.9% |
| Furniture and vehicles | 24 | €35,545 | €49,077 | +€13,532 | +38.1% |
| Other tangible fixed assets | 26 | €1,398 | €8,010 | +€6,612 | +473% |
| Current assets | 29/58 | €41,656 | €25,439 | -€16,216 | -38.9% |
| Amounts receivable within one year | 40/41 | €22,113 | €24,233 | +€2,120 | +9.6% |
| Trade receivables | 40 | €20,547 | €21,841 | +€1,293 | +6.3% |
| Other amounts receivable | 41 | €1,566 | €2,393 | +€827 | +52.8% |
| Cash at bank and in hand | 54/58 | €19,138 | €775 | -€18,363 | -96.0% |
| Deferred charges and accrued income | 490/1 | €404 | €431 | +€27 | +6.6% |
| Total equity and liabilities | 10/49 | €159,083 | €166,713 | +€7,629 | +4.8% |
| Equity | 10/15 | €30,548 | €48,353 | +€17,805 | +58.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,386 | €2,386 | = | 0.0% |
| Tax-exempt reserves | 132 | €526 | - | -€526 | |
| Distributable reserves | 133 | €1,860 | €2,386 | +€526 | +28.3% |
| Profit (loss) carried forward | 14 | €9,561 | €27,366 | +€17,805 | +186% |
| Amounts payable | 17/49 | €128,536 | €118,360 | -€10,176 | -7.9% |
| Amounts payable after more than one year | 17 | €23,027 | €31,176 | +€8,148 | +35.4% |
| Financial debts | 170/4 | €23,027 | €31,176 | +€8,148 | +35.4% |
| Amounts payable within one year | 42/48 | €104,775 | €84,703 | -€20,072 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €7,060 | €12,501 | +€5,441 | +77.1% |
| Trade debts | 44 | €112 | €3,546 | +€3,434 | +3,053% |
| Suppliers | 440/4 | €112 | €3,546 | +€3,434 | +3,053% |
| Taxes, remuneration and social security | 45 | €25,226 | €17,155 | -€8,071 | -32.0% |
| Taxes | 450/3 | €22,604 | €11,913 | -€10,692 | -47.3% |
| Remuneration and social security | 454/9 | €2,621 | €5,242 | +€2,621 | +100.0% |
| Other amounts payable | 47/48 | €72,377 | €51,501 | -€20,876 | -28.8% |
| Accrued charges and deferred income | 492/3 | €733 | €2,481 | +€1,748 | +238% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,762 | €13,688 | -€8,074 | -37.1% |
| Other operating charges | 640/8 | €459 | €479 | +€20 | +4.4% |
| Gross operating margin | 9900 | €94,595 | €84,160 | -€10,435 | -11.0% |
| Operating profit (loss) | 9901 | €72,374 | €69,993 | -€2,382 | -3.3% |
| Financial income | 75/76B | €899 | €13 | -€886 | -98.6% |
| Recurring financial income | 75 | €899 | €13 | -€886 | -98.6% |
| Financial charges | 65/66B | €1,574 | €1,656 | +€82 | +5.2% |
| Recurring financial charges | 65 | €1,574 | €1,656 | +€82 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €71,699 | €68,350 | -€3,349 | -4.7% |
| Income taxes | 67/77 | €14,875 | €13,959 | -€915 | -6.2% |
| Profit (loss) for the period | 9904 | €56,825 | €54,390 | -€2,434 | -4.3% |
| Transfer to tax-exempt reserves | 689 | €263 | - | -€263 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,561 | €54,390 | -€2,171 | -3.8% |
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 25 October 2026 via checked.be.