NUMAGOLD: 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.
What changed
NUMAGOLD
NACE 46.820, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.8m
2024 · €1.6m+€1.2m
Equity
€21.8m
2024 · €19.0m+€2.8m
Cash
€6.6m
2024 · €2.5m+€4.0m
Balance sheet total
€29.8m
2024 · €20.0m+€9.8m
Largest movements
Assets
- Stocks and contracts +€6.5m
up €6.5m (+40.3%), from €16.2m to €22.7m
- Cash +€4.0m
up €4.0m (+159.6%), from €2.5m to €6.6m
mainly Advances received (+€6.7m) and Net result for the year (+€2.8m)
- Receivables within one year -€685,667
down €685,667 (-99.1%), from €692,037 to €6,370
of which Trade receivables: -€419,362
Equity and liabilities
- Advances received +€6.7m
up €6.7m (+3293.8%), from €203,646 to €6.9m
- Profit (loss) carried forward +€1.8m
up €1.8m (+38.9%), from €4.6m to €6.5m
- Reserves +€997,770
up €997,770 (+13.7%), from €7.3m to €8.3m
of which Distributable reserves: +€1.4m
Income statement
- Turnover +€113.5m
up €113.5m (+35.6%), from €319.1m to €432.7m
- Goods and materials +€110.8m
up €110.8m (+35.2%), from €315.2m to €426.0m
of which Purchases: +€115.0m
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.
Result 2024
€1.6m
Turnover
+€113.5m
Other operating income
+€10,729
Goods and materials
-€110.8m
Services and other goods
-€118,763
Staff costs
-€172,581
Depreciation
-€2,081
Write-downs
-€16,895
Other operating charges
+€19,389
Other operating items
-€12,313
Financial income
+€232,093
Financial charges
-€928,301
Taxes
-€423,149
Result 2025
€2.8m
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.
From operations
+€4.0m
Investment
+€250
Financing
€0
Cash 2024
€2.5m
From operations (derived)
+€4.0m
Net result for the year
+€2.8m
Depreciation
+€80,973
Stocks and contracts
-€6.5m
Receivables within one year
+€685,667
Deferred charges and accrued income
-€1,461
Trade debts
-€107,808
Tax, wage and social debts
+€184,346
Advances received
+€6.7m
Other debts
+€236,926
Accrued charges and deferred income
-€26,799
Investment (derived)
+€250
Investment in fixed assets (net)
+€250
Cash 2025
€6.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,027,869 | €29,828,318 | +€9.8m | +48.9% |
| Fixed assets | 21/28 | €596,427 | €515,205 | -€81,223 | -13.6% |
| Tangible fixed assets | 22/27 | €594,600 | €513,627 | -€80,973 | -13.6% |
| Land and buildings | 22 | €397,722 | €376,065 | -€21,657 | -5.4% |
| Plant, machinery and equipment | 23 | €6,960 | €4,208 | -€2,751 | -39.5% |
| Furniture and vehicles | 24 | €189,919 | €133,354 | -€56,565 | -29.8% |
| Financial fixed assets | 28 | €1,827 | €1,577 | -€250 | -13.7% |
| Other financial fixed assets | 284/8 | €1,827 | €1,577 | -€250 | -13.7% |
| Amounts receivable and cash guarantees | 285/8 | €1,827 | €1,577 | -€250 | -13.7% |
| Current assets | 29/58 | €19,431,441 | €29,313,114 | +€9.9m | +50.9% |
| Stocks and contracts in progress | 3 | €16,199,164 | €22,726,754 | +€6.5m | +40.3% |
| Stocks | 30/36 | €16,199,164 | €22,726,754 | +€6.5m | +40.3% |
| Raw materials and consumables | 30/31 | €16,199,164 | €22,726,754 | +€6.5m | +40.3% |
| Amounts receivable within one year | 40/41 | €692,037 | €6,370 | -€685,667 | -99.1% |
| Trade receivables | 40 | €425,732 | €6,370 | -€419,362 | -98.5% |
| Other amounts receivable | 41 | €266,305 | €0 | -€266,305 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,530,833 | €6,569,120 | +€4.0m | +159.6% |
| Deferred charges and accrued income | 490/1 | €9,408 | €10,869 | +€1,461 | +15.5% |
| Total equity and liabilities | 10/49 | €20,027,869 | €29,828,318 | +€9.8m | +48.9% |
| Equity | 10/15 | €18,953,565 | €21,759,563 | +€2.8m | +14.8% |
| Contributions | 10/11 | €7,000,100 | €7,000,100 | = | 0.0% |
| Capital | 10 | €7,000,100 | €7,000,100 | = | 0.0% |
| Issued capital | 100 | €7,000,100 | €7,000,100 | = | 0.0% |
| Reserves | 13 | €7,305,542 | €8,303,312 | +€997,770 | +13.7% |
| Non-distributable reserves | 130/1 | €700,010 | €700,010 | = | 0.0% |
| Legal reserve | 130 | €700,010 | €700,010 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,759,500 | €2,367,970 | -€391,530 | -14.2% |
| Distributable reserves | 133 | €3,846,032 | €5,235,332 | +€1.4m | +36.1% |
| Profit (loss) carried forward | 14 | €4,647,923 | €6,456,151 | +€1.8m | +38.9% |
| Amounts payable | 17/49 | €1,074,304 | €8,068,756 | +€7.0m | +651.1% |
| Amounts payable within one year | 42/48 | €1,015,519 | €8,036,769 | +€7.0m | +691.4% |
| Trade debts | 44 | €216,219 | €108,412 | -€107,808 | -49.9% |
| Suppliers | 440/4 | €216,219 | €108,412 | -€107,808 | -49.9% |
| Advances received on contracts in progress | 46 | €203,646 | €6,911,432 | +€6.7m | +3293.8% |
| Taxes, remuneration and social security | 45 | €105,202 | €289,548 | +€184,346 | +175.2% |
| Taxes | 450/3 | €25,604 | €185,461 | +€159,857 | +624.3% |
| Remuneration and social security | 454/9 | €79,597 | €104,086 | +€24,489 | +30.8% |
| Other amounts payable | 47/48 | €490,452 | €727,378 | +€236,926 | +48.3% |
| Accrued charges and deferred income | 492/3 | €58,785 | €31,986 | -€26,799 | -45.6% |
| Operating income | 70/76A | €319,452,289 | €432,958,869 | +€113.5m | +35.5% |
| Turnover | 70 | €319,143,893 | €432,652,057 | +€113.5m | +35.6% |
| Other operating income | 74 | €296,083 | €306,812 | +€10,729 | +3.6% |
| Non-recurring operating income | 76A | €12,313 | €0 | -€12,313 | -100.0% |
| Operating charges | 60/66A | €317,307,897 | €428,448,723 | +€111.1m | +35.0% |
| Goods for resale, raw materials and consumables | 60 | €315,181,906 | €426,031,800 | +€110.8m | +35.2% |
| Purchases | 600/8 | €317,600,921 | €432,559,391 | +€115.0m | +36.2% |
| Change in stocks: decrease (increase) | 609 | -€2,419,015 | -€6,527,591 | -€4.1m | -169.8% |
| Services and other goods | 61 | €1,262,313 | €1,381,075 | +€118,763 | +9.4% |
| Remuneration, social security and pensions | 62 | €754,802 | €927,384 | +€172,581 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,892 | €80,973 | +€2,081 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,895 | €0 | +€16,895 | |
| Other operating charges | 640/8 | €46,880 | €27,491 | -€19,389 | -41.4% |
| Operating profit (loss) | 9901 | €2,144,393 | €4,510,146 | +€2.4m | +110.3% |
| Financial income | 75/76B | €66,023 | €298,116 | +€232,093 | +351.5% |
| Recurring financial income | 75 | €66,023 | €298,116 | +€232,093 | +351.5% |
| Income from current assets | 751 | €24,112 | €27,796 | +€3,684 | +15.3% |
| Other financial income | 752/9 | €41,911 | €270,321 | +€228,409 | +545.0% |
| Financial charges | 65/66B | €133,814 | €1,062,115 | +€928,301 | +693.7% |
| Recurring financial charges | 65 | €133,814 | €1,062,115 | +€928,301 | +693.7% |
| Debt charges | 650 | €58,065 | €62,540 | +€4,476 | +7.7% |
| Other financial charges | 652/9 | €75,750 | €999,575 | +€923,825 | +1219.6% |
| Profit (loss) for the period before taxes | 9903 | €2,076,601 | €3,746,147 | +€1.7m | +80.4% |
| Income taxes | 67/77 | €517,000 | €940,150 | +€423,149 | +81.8% |
| Taxes | 670/3 | €517,000 | €940,150 | +€423,149 | +81.8% |
| Profit (loss) for the period | 9904 | €1,559,601 | €2,805,998 | +€1.2m | +79.9% |
| Transfer from tax-exempt reserves | 789 | €463,100 | €1,389,300 | +€926,200 | +200.0% |
| Transfer to tax-exempt reserves | 689 | €736,750 | €997,770 | +€261,020 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,285,951 | €3,197,528 | +€1.9m | +148.7% |
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 30 September 2026 via checked.be.