NUMA ADVISORY: 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.
NUMA ADVISORY
Largest movements
- Tangible fixed assets +€14,612
up €14,612 (+13.5%), from €108,524 to €123,136
of which Plant, machinery and equipment: +€14,612
- Cash -€3,970
down €3,970 (-44.2%), from €8,976 to €5,006
mainly Investment in fixed assets (net) (-€20,834) and Net result for the year (-€7,785)
- Receivables within one year +€1,389
up €1,389 (+292%), from €475 to €1,864
of which Trade receivables: +€1,385
- Other debts +€21,516
up €21,516 (+40.4%), from €53,252 to €74,768
- Profit (loss) carried forward -€7,785
down €7,785 (-37.6%), from €20,723 to €12,938
- Accrued charges and deferred income -€1,350
no longer reported in 2025 (was €1,350)
- Taxes +€2,849
no longer reported in 2025 (was -€2,849)
- Depreciation +€1,194
up €1,194 (+23.7%), from €5,028 to €6,222
- Gross operating margin -€139
down €139 (-9.0%), from €1,544 to €1,405
- Other operating charges +€87
up €87 (+3.2%), from €2,750 to €2,837
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 | €118,385 | €130,422 | +€12,037 | +10.2% |
| Fixed assets | 21/28 | €108,524 | €123,136 | +€14,612 | +13.5% |
| Tangible fixed assets | 22/27 | €108,524 | €123,136 | +€14,612 | +13.5% |
| Land and buildings | 22 | €24,845 | €24,845 | = | 0.0% |
| Plant, machinery and equipment | 23 | €83,679 | €98,291 | +€14,612 | +17.5% |
| Current assets | 29/58 | €9,861 | €7,286 | -€2,575 | -26.1% |
| Amounts receivable within one year | 40/41 | €475 | €1,864 | +€1,389 | +292% |
| Trade receivables | 40 | €465 | €1,850 | +€1,385 | +298% |
| Other amounts receivable | 41 | €10 | €14 | +€4 | +40.0% |
| Cash at bank and in hand | 54/58 | €8,976 | €5,006 | -€3,970 | -44.2% |
| Deferred charges and accrued income | 490/1 | €410 | €416 | +€6 | +1.5% |
| Total equity and liabilities | 10/49 | €118,385 | €130,422 | +€12,037 | +10.2% |
| Equity | 10/15 | €63,199 | €55,414 | -€7,785 | -12.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €23,726 | €23,726 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,688 | €15,688 | = | 0.0% |
| Distributable reserves | 133 | €6,163 | €6,163 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,723 | €12,938 | -€7,785 | -37.6% |
| Amounts payable | 17/49 | €55,186 | €75,008 | +€19,822 | +35.9% |
| Amounts payable within one year | 42/48 | €53,836 | €75,008 | +€21,172 | +39.3% |
| Trade debts | 44 | €373 | €110 | -€263 | -70.5% |
| Suppliers | 440/4 | €373 | €110 | -€263 | -70.5% |
| Taxes, remuneration and social security | 45 | €211 | €130 | -€81 | -38.4% |
| Taxes | 450/3 | €211 | €130 | -€81 | -38.4% |
| Other amounts payable | 47/48 | €53,252 | €74,768 | +€21,516 | +40.4% |
| Accrued charges and deferred income | 492/3 | €1,350 | - | -€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,028 | €6,222 | +€1,194 | +23.7% |
| Other operating charges | 640/8 | €2,750 | €2,837 | +€87 | +3.2% |
| Gross operating margin | 9900 | €1,544 | €1,405 | -€139 | -9.0% |
| Operating profit (loss) | 9901 | -€6,234 | -€7,654 | -€1,420 | -22.8% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €117 | €131 | +€14 | +12.0% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,347 | -€7,785 | -€1,438 | -22.7% |
| Income taxes | 67/77 | -€2,849 | - | +€2,849 | |
| Profit (loss) for the period | 9904 | -€3,498 | -€7,785 | -€4,287 | -123% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,498 | -€7,785 | -€4,287 | -123% |
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.