Namiso: 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.
Namiso
Largest movements
- Tangible fixed assets +€52,844
up €52,844 (+482%), from €10,966 to €63,810
- Cash -€19,861
down €19,861 (-30.5%), from €65,110 to €45,249
mainly Investment in fixed assets (net) (-€64,877) and Trade debts (-€3,116)
- Receivables within one year -€3,342
down €3,342 (-53.4%), from €6,262 to €2,920
- Deferred charges and accrued income -€2,902
down €2,902 (-93.3%), from €3,112 to €209
- Reserves +€31,531
up €31,531 (+42.8%), from €73,724 to €105,255
- Trade debts -€3,116
down €3,116 (-63.0%), from €4,942 to €1,826
- Tax, wage and social debts -€1,676
down €1,676 (-34.3%), from €4,884 to €3,208
- Gross operating margin +€16,974
up €16,974 (+44.4%), from €38,258 to €55,232
- Depreciation +€8,253
up €8,253 (+218%), from €3,779 to €12,032
- Taxes +€3,924
up €3,924 (+53.5%), from €7,333 to €11,257
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 | €86,550 | €113,289 | +€26,739 | +30.9% |
| Fixed assets | 21/28 | €12,066 | €64,910 | +€52,844 | +438% |
| Tangible fixed assets | 22/27 | €10,966 | €63,810 | +€52,844 | +482% |
| Furniture and vehicles | 24 | €10,966 | €63,810 | +€52,844 | +482% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €74,484 | €48,379 | -€26,106 | -35.0% |
| Amounts receivable within one year | 40/41 | €6,262 | €2,920 | -€3,342 | -53.4% |
| Other amounts receivable | 41 | €6,262 | €2,920 | -€3,342 | -53.4% |
| Cash at bank and in hand | 54/58 | €65,110 | €45,249 | -€19,861 | -30.5% |
| Deferred charges and accrued income | 490/1 | €3,112 | €209 | -€2,902 | -93.3% |
| Total equity and liabilities | 10/49 | €86,550 | €113,289 | +€26,739 | +30.9% |
| Equity | 10/15 | €76,724 | €108,255 | +€31,531 | +41.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €73,724 | €105,255 | +€31,531 | +42.8% |
| Distributable reserves | 133 | €73,724 | €105,255 | +€31,531 | +42.8% |
| Amounts payable | 17/49 | €9,826 | €5,034 | -€4,792 | -48.8% |
| Amounts payable within one year | 42/48 | €9,826 | €5,034 | -€4,792 | -48.8% |
| Trade debts | 44 | €4,942 | €1,826 | -€3,116 | -63.0% |
| Suppliers | 440/4 | €4,942 | €1,826 | -€3,116 | -63.0% |
| Taxes, remuneration and social security | 45 | €4,884 | €3,208 | -€1,676 | -34.3% |
| Taxes | 450/3 | €4,884 | €3,208 | -€1,676 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,779 | €12,032 | +€8,253 | +218% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €38,258 | €55,232 | +€16,974 | +44.4% |
| Operating profit (loss) | 9901 | €34,029 | €42,738 | +€8,709 | +25.6% |
| Financial income | 75/76B | €346 | €209 | -€137 | -39.5% |
| Recurring financial income | 75 | €346 | €209 | -€137 | -39.5% |
| Financial charges | 65/66B | €295 | €160 | -€135 | -45.8% |
| Recurring financial charges | 65 | €295 | €160 | -€135 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €34,080 | €42,787 | +€8,708 | +25.6% |
| Income taxes | 67/77 | €7,333 | €11,257 | +€3,924 | +53.5% |
| Profit (loss) for the period | 9904 | €26,747 | €31,531 | +€4,784 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,747 | €31,531 | +€4,784 | +17.9% |
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 17 October 2026 via checked.be.