NAMIKA: 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.
NAMIKA
Largest movements
- Tangible fixed assets +€181,529
up €181,529 (+29.4%), from €616,593 to €798,121
of which Land and buildings: +€183,042
- Receivables within one year +€27,948
new in 2025: €27,948
- Debts after one year +€172,046
up €172,046 (+1879.0%), from €9,156 to €181,202
- Other debts +€30,007
up €30,007 (+46.7%), from €64,229 to €94,236
- Gross operating margin +€11,616
up €11,616 (+49.9%), from €23,284 to €34,900
- Financial charges +€7,197
up €7,197 (+1025.8%), from €702 to €7,898
- Other operating charges -€4,008
down €4,008 (-45.6%), from €8,789 to €4,780
- Depreciation +€3,556
up €3,556 (+15.9%), from €22,434 to €25,990
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 | €630,492 | €834,484 | +€203,991 | +32.4% |
| Fixed assets | 21/28 | €616,593 | €798,121 | +€181,529 | +29.4% |
| Tangible fixed assets | 22/27 | €616,593 | €798,121 | +€181,529 | +29.4% |
| Land and buildings | 22 | €608,570 | €791,613 | +€183,042 | +30.1% |
| Plant, machinery and equipment | 23 | €8,022 | €6,509 | -€1,514 | -18.9% |
| Current assets | 29/58 | €13,900 | €36,362 | +€22,463 | +161.6% |
| Amounts receivable within one year | 40/41 | - | €27,948 | +€27,948 | |
| Trade receivables | 40 | - | €27,948 | +€27,948 | |
| Cash at bank and in hand | 54/58 | €13,273 | €7,757 | -€5,516 | -41.6% |
| Deferred charges and accrued income | 490/1 | €627 | €658 | +€31 | +5.0% |
| Total equity and liabilities | 10/49 | €630,492 | €834,484 | +€203,991 | +32.4% |
| Equity | 10/15 | €554,628 | €550,402 | -€4,226 | -0.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €444,628 | €440,402 | -€4,226 | -1.0% |
| Amounts payable | 17/49 | €75,864 | €284,081 | +€208,217 | +274.5% |
| Amounts payable after more than one year | 17 | €9,156 | €181,202 | +€172,046 | +1879.0% |
| Financial debts | 170/4 | €9,156 | €181,202 | +€172,046 | +1879.0% |
| Amounts payable within one year | 42/48 | €66,708 | €102,879 | +€36,171 | +54.2% |
| Current portion of amounts payable after more than one year | 42 | - | €7,437 | +€7,437 | |
| Trade debts | 44 | €253 | - | -€253 | |
| Suppliers | 440/4 | €253 | - | -€253 | |
| Taxes, remuneration and social security | 45 | €2,226 | €1,206 | -€1,020 | -45.8% |
| Taxes | 450/3 | €1,226 | €1,206 | -€20 | -1.7% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €64,229 | €94,236 | +€30,007 | +46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,434 | €25,990 | +€3,556 | +15.9% |
| Other operating charges | 640/8 | €8,789 | €4,780 | -€4,008 | -45.6% |
| Gross operating margin | 9900 | €23,284 | €34,900 | +€11,616 | +49.9% |
| Operating profit (loss) | 9901 | -€7,939 | €4,129 | +€12,068 | |
| Financial charges | 65/66B | €702 | €7,898 | +€7,197 | +1025.8% |
| Recurring financial charges | 65 | €702 | €7,898 | +€7,197 | +1025.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,641 | -€3,769 | +€4,871 | +56.4% |
| Income taxes | 67/77 | €476 | €456 | -€20 | -4.3% |
| Profit (loss) for the period | 9904 | -€9,117 | -€4,226 | +€4,892 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,117 | -€4,226 | +€4,892 | +53.7% |
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.