Namic: 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.
Namic
Largest movements
- Cash -€52,001
down €52,001 (-71.1%), from €73,152 to €21,150
mainly Receivables within one year (-€32,028) and Investment in fixed assets (net) (-€23,753)
- Receivables within one year +€32,028
up €32,028 (+1,732%), from €1,849 to €33,876
of which Trade receivables: +€32,802
- Financial fixed assets +€23,753
new in 2025: €23,753
- Tangible fixed assets -€1,469
down €1,469 (-37.9%), from €3,880 to €2,411
of which Furniture and vehicles: -€1,029
- Trade debts +€19,707
up €19,707 (+342,733%), from €6 to €19,713
- Other debts -€17,211
down €17,211 (-77.2%), from €22,282 to €5,071
- Profit (loss) carried forward -€3,505
down €3,505 (-24.9%), from -€14,078 to -€17,583
- Tax, wage and social debts +€3,075
up €3,075 (+102%), from €3,025 to €6,100
- Gross operating margin +€4,822
up €4,822 (+72.9%), from -€6,611 to -€1,789
- Depreciation -€1,547
down €1,547 (-51.3%), from €3,015 to €1,469
- Financial income -€642
down €642 (-54.9%), from €1,169 to €528
- Taxes +€316
up €316, from -€103 to €213
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 | €80,706 | €82,772 | +€2,067 | +2.6% |
| Fixed assets | 21/28 | €3,880 | €26,164 | +€22,284 | +574% |
| Tangible fixed assets | 22/27 | €3,880 | €2,411 | -€1,469 | -37.9% |
| Plant, machinery and equipment | 23 | €1,055 | €615 | -€440 | -41.7% |
| Furniture and vehicles | 24 | €2,825 | €1,796 | -€1,029 | -36.4% |
| Financial fixed assets | 28 | - | €23,753 | +€23,753 | |
| Current assets | 29/58 | €76,826 | €56,608 | -€20,218 | -26.3% |
| Stocks and contracts in progress | 3 | €1,664 | €1,507 | -€157 | -9.4% |
| Stocks | 30/36 | €1,664 | €1,507 | -€157 | -9.4% |
| Amounts receivable within one year | 40/41 | €1,849 | €33,876 | +€32,028 | +1,732% |
| Trade receivables | 40 | €1,074 | €33,876 | +€32,802 | +3,055% |
| Other amounts receivable | 41 | €775 | €0 | -€775 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €73,152 | €21,150 | -€52,001 | -71.1% |
| Deferred charges and accrued income | 490/1 | €162 | €74 | -€88 | -54.1% |
| Total equity and liabilities | 10/49 | €80,706 | €82,772 | +€2,067 | +2.6% |
| Equity | 10/15 | €55,393 | €51,888 | -€3,505 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,271 | €63,271 | = | 0.0% |
| Distributable reserves | 133 | €63,271 | €63,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,078 | -€17,583 | -€3,505 | -24.9% |
| Amounts payable | 17/49 | €25,313 | €30,884 | +€5,571 | +22.0% |
| Amounts payable within one year | 42/48 | €25,313 | €30,884 | +€5,571 | +22.0% |
| Trade debts | 44 | €6 | €19,713 | +€19,707 | +342,733% |
| Suppliers | 440/4 | €6 | €19,713 | +€19,707 | +342,733% |
| Taxes, remuneration and social security | 45 | €3,025 | €6,100 | +€3,075 | +102% |
| Taxes | 450/3 | €3,025 | €6,100 | +€3,075 | +102% |
| Other amounts payable | 47/48 | €22,282 | €5,071 | -€17,211 | -77.2% |
| Non-recurring operating income | 76A | €10,000 | €0 | -€10,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,015 | €1,469 | -€1,547 | -51.3% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | -€6,611 | -€1,789 | +€4,822 | +72.9% |
| Operating profit (loss) | 9901 | -€10,078 | -€3,723 | +€6,355 | +63.1% |
| Financial income | 75/76B | €1,169 | €528 | -€642 | -54.9% |
| Recurring financial income | 75 | €1,169 | €528 | -€642 | -54.9% |
| Financial charges | 65/66B | €95 | €97 | +€1 | +1.4% |
| Recurring financial charges | 65 | €95 | €97 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,004 | -€3,292 | +€5,711 | +63.4% |
| Income taxes | 67/77 | -€103 | €213 | +€316 | |
| Profit (loss) for the period | 9904 | -€8,901 | -€3,505 | +€5,396 | +60.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,901 | -€3,505 | +€5,396 | +60.6% |
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 18 October 2026 via checked.be.