NaMufacture: 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.
NaMufacture
Largest movements
- Cash -€3,487
down €3,487 (-99.7%), from €3,498 to €11
mainly Debts after one year (-€8,500) and Trade debts (-€6,018)
- Tangible fixed assets -€2,134
down €2,134 (-60.6%), from €3,524 to €1,390
of which Other tangible fixed assets: -€1,500
- Stocks and contracts +€1,909
up €1,909 (+33.9%), from €5,636 to €7,545
- Receivables within one year -€1,026
down €1,026 (-36.8%), from €2,785 to €1,759
of which Trade receivables: -€631
- Intangible fixed assets -€376
down €376 (-13.2%), from €2,846 to €2,470
- Debts after one year -€8,500
down €8,500 (-28.3%), from €30,000 to €21,500
- Trade debts -€6,018
down €6,018 (-64.9%), from €9,273 to €3,255
- Other debts +€5,764
new in 2024: €5,764
- Profit (loss) carried forward +€3,583
up €3,583 (+6.4%), from -€56,384 to -€52,801
- Tax, wage and social debts +€199
new in 2024: €199
- Gross operating margin +€5,139
up €5,139 (+656.3%), from €783 to €5,922
- Financial income -€2,196
no longer reported in 2024 (was €2,196)
- Financial charges -€562
down €562 (-75.7%), from €742 to €180
- Depreciation -€191
down €191 (-15.9%), from €1,201 to €1,010
- Other operating charges +€132
up €132 (+13.0%), from €1,017 to €1,149
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,289 | €13,317 | -€4,972 | -27.2% |
| Fixed assets | 21/28 | €6,370 | €3,860 | -€2,510 | -39.4% |
| Intangible fixed assets | 21 | €2,846 | €2,470 | -€376 | -13.2% |
| Tangible fixed assets | 22/27 | €3,524 | €1,390 | -€2,134 | -60.6% |
| Plant, machinery and equipment | 23 | €2,024 | €1,390 | -€634 | -31.3% |
| Other tangible fixed assets | 26 | €1,500 | - | -€1,500 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €11,919 | €9,457 | -€2,462 | -20.7% |
| Stocks and contracts in progress | 3 | €5,636 | €7,545 | +€1,909 | +33.9% |
| Stocks | 30/36 | €5,636 | €7,545 | +€1,909 | +33.9% |
| Amounts receivable within one year | 40/41 | €2,785 | €1,759 | -€1,026 | -36.8% |
| Trade receivables | 40 | €2,390 | €1,759 | -€631 | -26.4% |
| Other amounts receivable | 41 | €395 | - | -€395 | |
| Cash at bank and in hand | 54/58 | €3,498 | €11 | -€3,487 | -99.7% |
| Deferred charges and accrued income | 490/1 | - | €142 | +€142 | |
| Total equity and liabilities | 10/49 | €18,289 | €13,317 | -€4,972 | -27.2% |
| Equity | 10/15 | -€20,984 | -€17,401 | +€3,583 | +17.1% |
| Contributions | 10/11 | €35,400 | €35,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,384 | -€52,801 | +€3,583 | +6.4% |
| Amounts payable | 17/49 | €39,273 | €30,718 | -€8,555 | -21.8% |
| Amounts payable after more than one year | 17 | €30,000 | €21,500 | -€8,500 | -28.3% |
| Other amounts payable | 178/9 | €30,000 | €21,500 | -€8,500 | -28.3% |
| Amounts payable within one year | 42/48 | €9,273 | €9,218 | -€55 | -0.6% |
| Trade debts | 44 | €9,273 | €3,255 | -€6,018 | -64.9% |
| Suppliers | 440/4 | €9,273 | €3,255 | -€6,018 | -64.9% |
| Taxes, remuneration and social security | 45 | - | €199 | +€199 | |
| Taxes | 450/3 | - | €199 | +€199 | |
| Other amounts payable | 47/48 | - | €5,764 | +€5,764 | |
| Non-recurring operating income | 76A | - | €409 | +€409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,201 | €1,010 | -€191 | -15.9% |
| Other operating charges | 640/8 | €1,017 | €1,149 | +€132 | +13.0% |
| Non-recurring operating charges | 66A | €18,025 | - | -€18,025 | |
| Gross operating margin | 9900 | €783 | €5,922 | +€5,139 | +656.3% |
| Operating profit (loss) | 9901 | -€19,460 | €3,763 | +€23,223 | |
| Financial income | 75/76B | €2,196 | - | -€2,196 | |
| Recurring financial income | 75 | €2,196 | - | -€2,196 | |
| Financial charges | 65/66B | €742 | €180 | -€562 | -75.7% |
| Recurring financial charges | 65 | €742 | €180 | -€562 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,006 | €3,583 | +€21,589 | |
| Profit (loss) for the period | 9904 | -€18,006 | €3,583 | +€21,589 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,006 | €3,583 | +€21,589 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.