NAMOTEK: 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.
NAMOTEK
Largest movements
- Cash -€49,075
down €49,075 (-24.6%), from €199,435 to €150,360
mainly Contributions, distributions and other (-€110,000) and Tax, wage and social debts (-€11,777)
- Receivables within one year -€8,778
down €8,778 (-79.4%), from €11,054 to €2,276
of which Trade receivables: -€11,054
- Reserves -€45,895
down €45,895 (-26.1%), from €176,158 to €130,263
- Tax, wage and social debts -€11,777
down €11,777 (-66.8%), from €17,634 to €5,857
- Other debts -€2,366
no longer reported in 2025 (was €2,366)
- Trade debts +€2,155
up €2,155 (+43,097%), from €5 to €2,160
- Gross operating margin -€2,358
down €2,358 (-2.7%), from €85,742 to €83,384
- Taxes -€1,032
down €1,032 (-5.8%), from €17,756 to €16,724
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 | €214,713 | €156,830 | -€57,883 | -27.0% |
| Fixed assets | 21/28 | €3,418 | €2,584 | -€834 | -24.4% |
| Tangible fixed assets | 22/27 | €3,418 | €2,584 | -€834 | -24.4% |
| Furniture and vehicles | 24 | €3,418 | €2,584 | -€834 | -24.4% |
| Current assets | 29/58 | €211,295 | €154,246 | -€57,049 | -27.0% |
| Amounts receivable within one year | 40/41 | €11,054 | €2,276 | -€8,778 | -79.4% |
| Trade receivables | 40 | €11,054 | - | -€11,054 | |
| Other amounts receivable | 41 | - | €2,276 | +€2,276 | |
| Cash at bank and in hand | 54/58 | €199,435 | €150,360 | -€49,075 | -24.6% |
| Deferred charges and accrued income | 490/1 | €806 | €1,609 | +€803 | +99.7% |
| Total equity and liabilities | 10/49 | €214,713 | €156,830 | -€57,883 | -27.0% |
| Equity | 10/15 | €194,708 | €148,813 | -€45,895 | -23.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €176,158 | €130,263 | -€45,895 | -26.1% |
| Distributable reserves | 133 | €176,158 | €130,263 | -€45,895 | -26.1% |
| Amounts payable | 17/49 | €20,005 | €8,017 | -€11,988 | -59.9% |
| Amounts payable within one year | 42/48 | €20,005 | €8,017 | -€11,988 | -59.9% |
| Trade debts | 44 | €5 | €2,160 | +€2,155 | +43,097% |
| Suppliers | 440/4 | €5 | €2,160 | +€2,155 | +43,097% |
| Taxes, remuneration and social security | 45 | €17,634 | €5,857 | -€11,777 | -66.8% |
| Taxes | 450/3 | €17,634 | €5,857 | -€11,777 | -66.8% |
| Other amounts payable | 47/48 | €2,366 | - | -€2,366 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €1,901 | -€37 | -1.9% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €85,742 | €83,384 | -€2,358 | -2.7% |
| Operating profit (loss) | 9901 | €83,417 | €81,084 | -€2,333 | -2.8% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €362 | €255 | -€107 | -29.6% |
| Recurring financial charges | 65 | €362 | €255 | -€107 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €83,081 | €80,829 | -€2,252 | -2.7% |
| Income taxes | 67/77 | €17,756 | €16,724 | -€1,032 | -5.8% |
| Profit (loss) for the period | 9904 | €65,325 | €64,105 | -€1,220 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,325 | €64,105 | -€1,220 | -1.9% |
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 18 October 2026 via checked.be.