numaH: 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.
numaH
Largest movements
- Receivables within one year -€41,580
down €41,580 (-27.1%), from €153,364 to €111,784
of which Trade receivables: -€42,334
- Cash -€5,110
down €5,110 (-4.1%), from €123,289 to €118,179
mainly Trade debts (-€57,971) and Other debts (-€400)
- Trade debts -€57,971
down €57,971 (-44.3%), from €130,774 to €72,803
- Reserves +€10,442
up €10,442 (+10.8%), from €96,718 to €107,160
- Gross operating margin -€3,854
down €3,854 (-18.1%), from €21,268 to €17,413
- Taxes -€3,124
down €3,124 (-44.5%), from €7,013 to €3,889
- Financial income -€1,650
down €1,650 (-99.8%), from €1,654 to €4
- Depreciation -€865
down €865 (-100%), from €865 to €0
- Write-downs -€391
down €391 (-100%), from €391 to €0
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 | €277,892 | €229,963 | -€47,929 | -17.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €277,892 | €229,963 | -€47,929 | -17.2% |
| Amounts receivable within one year | 40/41 | €153,364 | €111,784 | -€41,580 | -27.1% |
| Trade receivables | 40 | €129,090 | €86,756 | -€42,334 | -32.8% |
| Other amounts receivable | 41 | €24,274 | €25,028 | +€754 | +3.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €123,289 | €118,179 | -€5,110 | -4.1% |
| Deferred charges and accrued income | 490/1 | €1,240 | €0 | -€1,240 | -100% |
| Total equity and liabilities | 10/49 | €277,892 | €229,963 | -€47,929 | -17.2% |
| Equity | 10/15 | €146,718 | €157,160 | +€10,442 | +7.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €96,718 | €107,160 | +€10,442 | +10.8% |
| Distributable reserves | 133 | €96,718 | €107,160 | +€10,442 | +10.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €131,174 | €72,803 | -€58,371 | -44.5% |
| Amounts payable within one year | 42/48 | €131,174 | €72,803 | -€58,371 | -44.5% |
| Trade debts | 44 | €130,774 | €72,803 | -€57,971 | -44.3% |
| Suppliers | 440/4 | €130,774 | €72,803 | -€57,971 | -44.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €400 | €0 | -€400 | -100% |
| Remuneration, social security and pensions | 62 | - | €24 | +€24 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €865 | €0 | -€865 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €391 | €0 | -€391 | -100% |
| Other operating charges | 640/8 | €1,610 | €1,773 | +€163 | +10.1% |
| Gross operating margin | 9900 | €21,268 | €17,413 | -€3,854 | -18.1% |
| Operating profit (loss) | 9901 | €18,403 | €15,616 | -€2,786 | -15.1% |
| Financial income | 75/76B | €1,654 | €4 | -€1,650 | -99.8% |
| Recurring financial income | 75 | €1,654 | €4 | -€1,650 | -99.8% |
| Financial charges | 65/66B | €956 | €1,289 | +€333 | +34.8% |
| Recurring financial charges | 65 | €956 | €1,289 | +€333 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €19,100 | €14,331 | -€4,769 | -25.0% |
| Income taxes | 67/77 | €7,013 | €3,889 | -€3,124 | -44.5% |
| Profit (loss) for the period | 9904 | €12,087 | €10,442 | -€1,645 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,087 | €10,442 | -€1,645 | -13.6% |
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 31 October 2026 via checked.be.