NAMIROLL: 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.
NAMIROLL
Largest movements
- Tangible fixed assets -€22,775
down €22,775 (-12.3%), from €184,607 to €161,832
of which Land and buildings: -€14,579
- Receivables within one year +€10,092
up €10,092 (+38.1%), from €26,509 to €36,601
of which Other amounts receivable: +€6,468
- Cash +€6,584
up €6,584 (+32.5%), from €20,278 to €26,863
mainly Tax, wage and social debts (+€36,964) and Depreciation (+€31,898)
- Deferred charges and accrued income -€6,509
down €6,509 (-78.3%), from €8,311 to €1,802
- Stocks and contracts -€6,336
down €6,336 (-28.2%), from €22,455 to €16,119
- Profit (loss) carried forward -€43,621
down €43,621 (-141.8%), from -€30,759 to -€74,380
- Tax, wage and social debts +€36,964
up €36,964 (+103.8%), from €35,622 to €72,587
of which Remuneration and social security: +€24,310
- Debts after one year -€24,440
down €24,440 (-24.0%), from €102,033 to €77,593
- Trade debts +€16,246
up €16,246 (+20.2%), from €80,577 to €96,823
- Other debts -€6,873
down €6,873 (-11.4%), from €60,329 to €53,456
- Gross operating margin +€262,075
up €262,075 (+229.5%), from €114,197 to €376,272
- Staff costs +€256,006
up €256,006 (+208.8%), from €122,600 to €378,606
- Depreciation +€13,769
up €13,769 (+76.0%), from €18,129 to €31,898
- Financial charges +€5,121
up €5,121 (+135.8%), from €3,771 to €8,892
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 | €276,214 | €257,365 | -€18,849 | -6.8% |
| Fixed assets | 21/28 | €198,660 | €175,980 | -€22,680 | -11.4% |
| Intangible fixed assets | 21 | €14,054 | €10,788 | -€3,265 | -23.2% |
| Tangible fixed assets | 22/27 | €184,607 | €161,832 | -€22,775 | -12.3% |
| Land and buildings | 22 | €127,628 | €113,049 | -€14,579 | -11.4% |
| Plant, machinery and equipment | 23 | €32,714 | €27,170 | -€5,545 | -16.9% |
| Furniture and vehicles | 24 | €24,264 | €21,613 | -€2,651 | -10.9% |
| Financial fixed assets | 28 | - | €3,360 | +€3,360 | |
| Current assets | 29/58 | €77,553 | €81,385 | +€3,832 | +4.9% |
| Stocks and contracts in progress | 3 | €22,455 | €16,119 | -€6,336 | -28.2% |
| Stocks | 30/36 | €22,455 | €16,119 | -€6,336 | -28.2% |
| Amounts receivable within one year | 40/41 | €26,509 | €36,601 | +€10,092 | +38.1% |
| Trade receivables | 40 | €26,371 | €29,995 | +€3,624 | +13.7% |
| Other amounts receivable | 41 | €138 | €6,606 | +€6,468 | +4678.6% |
| Cash at bank and in hand | 54/58 | €20,278 | €26,863 | +€6,584 | +32.5% |
| Deferred charges and accrued income | 490/1 | €8,311 | €1,802 | -€6,509 | -78.3% |
| Total equity and liabilities | 10/49 | €276,214 | €257,365 | -€18,849 | -6.8% |
| Equity | 10/15 | -€25,759 | -€69,380 | -€43,621 | -169.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,759 | -€74,380 | -€43,621 | -141.8% |
| Amounts payable | 17/49 | €301,972 | €326,745 | +€24,772 | +8.2% |
| Amounts payable after more than one year | 17 | €102,033 | €77,593 | -€24,440 | -24.0% |
| Financial debts | 170/4 | €102,033 | €77,593 | -€24,440 | -24.0% |
| Amounts payable within one year | 42/48 | €199,939 | €249,152 | +€49,212 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €23,411 | €26,286 | +€2,875 | +12.3% |
| Trade debts | 44 | €80,577 | €96,823 | +€16,246 | +20.2% |
| Suppliers | 440/4 | €80,577 | €96,823 | +€16,246 | +20.2% |
| Taxes, remuneration and social security | 45 | €35,622 | €72,587 | +€36,964 | +103.8% |
| Taxes | 450/3 | €5,066 | €17,721 | +€12,655 | +249.8% |
| Remuneration and social security | 454/9 | €30,556 | €54,866 | +€24,310 | +79.6% |
| Other amounts payable | 47/48 | €60,329 | €53,456 | -€6,873 | -11.4% |
| Remuneration, social security and pensions | 62 | €122,600 | €378,606 | +€256,006 | +208.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,129 | €31,898 | +€13,769 | +76.0% |
| Other operating charges | 640/8 | €460 | €498 | +€38 | +8.2% |
| Gross operating margin | 9900 | €114,197 | €376,272 | +€262,075 | +229.5% |
| Operating profit (loss) | 9901 | -€26,992 | -€34,730 | -€7,739 | -28.7% |
| Financial income | 75/76B | €4 | €1 | -€3 | -72.0% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -72.0% |
| Financial charges | 65/66B | €3,771 | €8,892 | +€5,121 | +135.8% |
| Recurring financial charges | 65 | €3,771 | €8,892 | +€5,121 | +135.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,759 | -€43,621 | -€12,862 | -41.8% |
| Profit (loss) for the period | 9904 | -€30,759 | -€43,621 | -€12,862 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,759 | -€43,621 | -€12,862 | -41.8% |
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 6 October 2026 via checked.be.