NAMOH’Z: 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.
NAMOH’Z
Largest movements
- Tangible fixed assets -€6,649
down €6,649 (-43.1%), from €15,419 to €8,770
of which Furniture and vehicles: -€6,000
- Cash -€1,786
down €1,786 (-5.3%), from €34,006 to €32,221
mainly Trade debts (-€23,442) and Receivables within one year (-€271)
- Trade debts -€23,442
down €23,442 (-81.9%), from €28,617 to €5,175
- Other debts +€6,632
up €6,632 (+44.6%), from €14,868 to €21,500
- Profit (loss) carried forward +€5,526
up €5,526 (+65.0%), from -€8,507 to -€2,982
- Tax, wage and social debts +€3,121
up €3,121 (+57.3%), from €5,448 to €8,569
- Turnover -€71,524
no longer reported in 2025 (was €71,524)
- Purchases and services -€48,593
no longer reported in 2025 (was €48,593)
- Gross operating margin -€4,423
down €4,423 (-19.3%), from €22,931 to €18,508
- Taxes +€2,286
up €2,286 (+332%), from €689 to €2,976
- Other operating charges +€2,220
up €2,220 (+213%), from €1,040 to €3,261
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 | €49,425 | €41,262 | -€8,163 | -16.5% |
| Fixed assets | 21/28 | €15,419 | €8,770 | -€6,649 | -43.1% |
| Tangible fixed assets | 22/27 | €15,419 | €8,770 | -€6,649 | -43.1% |
| Plant, machinery and equipment | 23 | €919 | €270 | -€649 | -70.6% |
| Furniture and vehicles | 24 | €14,500 | €8,500 | -€6,000 | -41.4% |
| Current assets | 29/58 | €34,006 | €32,492 | -€1,514 | -4.5% |
| Amounts receivable within one year | 40/41 | - | €271 | +€271 | |
| Trade receivables | 40 | - | €97 | +€97 | |
| Other amounts receivable | 41 | - | €175 | +€175 | |
| Cash at bank and in hand | 54/58 | €34,006 | €32,221 | -€1,786 | -5.3% |
| Total equity and liabilities | 10/49 | €49,425 | €41,262 | -€8,163 | -16.5% |
| Equity | 10/15 | €493 | €6,018 | +€5,526 | +1,122% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,507 | -€2,982 | +€5,526 | +65.0% |
| Amounts payable | 17/49 | €48,932 | €35,244 | -€13,689 | -28.0% |
| Amounts payable within one year | 42/48 | €48,932 | €35,244 | -€13,689 | -28.0% |
| Trade debts | 44 | €28,617 | €5,175 | -€23,442 | -81.9% |
| Suppliers | 440/4 | €28,617 | €5,175 | -€23,442 | -81.9% |
| Taxes, remuneration and social security | 45 | €5,448 | €8,569 | +€3,121 | +57.3% |
| Taxes | 450/3 | €5,448 | €8,569 | +€3,121 | +57.3% |
| Other amounts payable | 47/48 | €14,868 | €21,500 | +€6,632 | +44.6% |
| Turnover | 70 | €71,524 | - | -€71,524 | |
| Goods, raw materials, services and sundry goods | 60/61 | €48,593 | - | -€48,593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,649 | €6,649 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,040 | €3,261 | +€2,220 | +213% |
| Gross operating margin | 9900 | €22,931 | €18,508 | -€4,423 | -19.3% |
| Operating profit (loss) | 9901 | €15,242 | €8,599 | -€6,643 | -43.6% |
| Financial charges | 65/66B | €96 | €98 | +€2 | +2.1% |
| Recurring financial charges | 65 | €96 | €98 | +€2 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €15,147 | €8,501 | -€6,645 | -43.9% |
| Income taxes | 67/77 | €689 | €2,976 | +€2,286 | +332% |
| Profit (loss) for the period | 9904 | €14,458 | €5,526 | -€8,932 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,458 | €5,526 | -€8,932 | -61.8% |
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 28 October 2026 via checked.be.