Namuba: 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.
Namuba
Largest movements
- Receivables within one year +€308,678
up €308,678 (+2340.2%), from €13,190 to €321,868
of which Trade receivables: +€308,446
- Cash -€25,670
down €25,670 (-99.8%), from €25,730 to €59
mainly Receivables within one year (-€308,678) and Contributions, distributions and other (-€170,000)
- Tangible fixed assets +€21,895
up €21,895 (+57.2%), from €38,302 to €60,197
of which Plant, machinery and equipment: +€27,920
- Other debts +€144,500
new in 2025: €144,500
- Tax, wage and social debts +€128,995
up €128,995 (+978.2%), from €13,187 to €142,182
of which Taxes: +€126,584
- Profit (loss) carried forward +€35,025
up €35,025 (+58.0%), from €60,345 to €95,370
- Gross operating margin +€244,632
up €244,632 (+609.1%), from €40,160 to €284,792
- Taxes +€53,916
up €53,916 (+674.0%), from €7,999 to €61,915
- Depreciation +€11,596
up €11,596 (+376.4%), from €3,081 to €14,676
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 | €78,254 | €385,027 | +€306,773 | +392.0% |
| Fixed assets | 21/28 | €38,337 | €60,232 | +€21,895 | +57.1% |
| Tangible fixed assets | 22/27 | €38,302 | €60,197 | +€21,895 | +57.2% |
| Plant, machinery and equipment | 23 | €10,794 | €38,714 | +€27,920 | +258.7% |
| Furniture and vehicles | 24 | €27,508 | €21,483 | -€6,025 | -21.9% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €39,917 | €324,795 | +€284,878 | +713.7% |
| Amounts receivable within one year | 40/41 | €13,190 | €321,868 | +€308,678 | +2340.2% |
| Trade receivables | 40 | €11,599 | €320,045 | +€308,446 | +2659.2% |
| Other amounts receivable | 41 | €1,591 | €1,823 | +€232 | +14.6% |
| Cash at bank and in hand | 54/58 | €25,730 | €59 | -€25,670 | -99.8% |
| Deferred charges and accrued income | 490/1 | €997 | €2,867 | +€1,870 | +187.5% |
| Total equity and liabilities | 10/49 | €78,254 | €385,027 | +€306,773 | +392.0% |
| Equity | 10/15 | €61,845 | €96,870 | +€35,025 | +56.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,345 | €95,370 | +€35,025 | +58.0% |
| Amounts payable | 17/49 | €16,409 | €288,157 | +€271,748 | +1656.1% |
| Amounts payable within one year | 42/48 | €14,466 | €288,157 | +€273,691 | +1892.0% |
| Trade debts | 44 | €1,279 | €1,475 | +€196 | +15.3% |
| Suppliers | 440/4 | €1,279 | €1,475 | +€196 | +15.3% |
| Taxes, remuneration and social security | 45 | €13,187 | €142,182 | +€128,995 | +978.2% |
| Taxes | 450/3 | €13,187 | €139,771 | +€126,584 | +959.9% |
| Remuneration and social security | 454/9 | - | €2,411 | +€2,411 | |
| Other amounts payable | 47/48 | - | €144,500 | +€144,500 | |
| Accrued charges and deferred income | 492/3 | €1,943 | €0 | -€1,943 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,081 | €14,676 | +€11,596 | +376.4% |
| Other operating charges | 640/8 | €2,214 | €3,218 | +€1,004 | +45.3% |
| Gross operating margin | 9900 | €40,160 | €284,792 | +€244,632 | +609.1% |
| Operating profit (loss) | 9901 | €34,866 | €266,898 | +€232,033 | +665.5% |
| Financial income | 75/76B | €0 | €92 | +€92 | |
| Recurring financial income | 75 | €0 | €92 | +€92 | |
| Financial charges | 65/66B | €84 | €50 | -€34 | -40.2% |
| Recurring financial charges | 65 | €84 | €50 | -€34 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €34,782 | €266,940 | +€232,159 | +667.5% |
| Income taxes | 67/77 | €7,999 | €61,915 | +€53,916 | +674.0% |
| Profit (loss) for the period | 9904 | €26,782 | €205,025 | +€178,243 | +665.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,782 | €205,025 | +€178,243 | +665.5% |
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 8 October 2026 via checked.be.