La vecchia Napoli: 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.
La vecchia Napoli
Largest movements
- Tangible fixed assets -€4,400
down €4,400 (-28.0%), from €15,730 to €11,331
of which Other tangible fixed assets: -€7,629
- Cash +€1,640
up €1,640 (+12.0%), from €13,653 to €15,293
mainly Depreciation (+€8,140) and Net result for the year (+€7,119)
- Receivables within one year -€1,521
down €1,521 (-16.9%), from €8,987 to €7,466
of which Other amounts receivable: -€907
- Stocks and contracts +€1,230
up €1,230 (+127%), from €972 to €2,202
- Deferred charges and accrued income +€506
up €506, from €0 to €506
- Reserves +€7,119
up €7,119 (+77.4%), from €9,195 to €16,315
- Other debts -€6,247
down €6,247 (-42.9%), from €14,563 to €8,316
- Tax, wage and social debts -€5,021
down €5,021 (-77.0%), from €6,521 to €1,500
of which Taxes: -€3,064
- Trade debts +€1,014
up €1,014 (+11.7%), from €8,686 to €9,700
- Accrued charges and deferred income +€590
up €590, from €0 to €590
- Gross operating margin +€19,446
up €19,446 (+79.8%), from €24,381 to €43,827
- Staff costs +€2,935
up €2,935 (+13.5%), from €21,764 to €24,699
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 | €43,966 | €41,421 | -€2,545 | -5.8% |
| Fixed assets | 21/28 | €20,354 | €15,954 | -€4,400 | -21.6% |
| Tangible fixed assets | 22/27 | €15,730 | €11,331 | -€4,400 | -28.0% |
| Plant, machinery and equipment | 23 | - | €3,599 | +€3,599 | |
| Furniture and vehicles | 24 | €473 | €103 | -€369 | -78.2% |
| Other tangible fixed assets | 26 | €15,258 | €7,629 | -€7,629 | -50.0% |
| Financial fixed assets | 28 | €4,624 | €4,624 | = | 0.0% |
| Current assets | 29/58 | €23,613 | €25,467 | +€1,855 | +7.9% |
| Stocks and contracts in progress | 3 | €972 | €2,202 | +€1,230 | +127% |
| Stocks | 30/36 | €972 | €2,202 | +€1,230 | +127% |
| Amounts receivable within one year | 40/41 | €8,987 | €7,466 | -€1,521 | -16.9% |
| Trade receivables | 40 | €615 | €0 | -€615 | -100% |
| Other amounts receivable | 41 | €8,373 | €7,466 | -€907 | -10.8% |
| Cash at bank and in hand | 54/58 | €13,653 | €15,293 | +€1,640 | +12.0% |
| Deferred charges and accrued income | 490/1 | €0 | €506 | +€506 | |
| Total equity and liabilities | 10/49 | €43,966 | €41,421 | -€2,545 | -5.8% |
| Equity | 10/15 | €14,195 | €21,315 | +€7,119 | +50.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,195 | €16,315 | +€7,119 | +77.4% |
| Distributable reserves | 133 | €9,195 | €16,315 | +€7,119 | +77.4% |
| Amounts payable | 17/49 | €29,771 | €20,107 | -€9,664 | -32.5% |
| Amounts payable within one year | 42/48 | €29,771 | €19,516 | -€10,254 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €8,686 | €9,700 | +€1,014 | +11.7% |
| Suppliers | 440/4 | €8,686 | €9,700 | +€1,014 | +11.7% |
| Taxes, remuneration and social security | 45 | €6,521 | €1,500 | -€5,021 | -77.0% |
| Taxes | 450/3 | €3,064 | €0 | -€3,064 | -100% |
| Remuneration and social security | 454/9 | €3,457 | €1,500 | -€1,957 | -56.6% |
| Other amounts payable | 47/48 | €14,563 | €8,316 | -€6,247 | -42.9% |
| Accrued charges and deferred income | 492/3 | €0 | €590 | +€590 | |
| Remuneration, social security and pensions | 62 | €21,764 | €24,699 | +€2,935 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,998 | €8,140 | +€141 | +1.8% |
| Other operating charges | 640/8 | €3,638 | €3,712 | +€74 | +2.0% |
| Gross operating margin | 9900 | €24,381 | €43,827 | +€19,446 | +79.8% |
| Operating profit (loss) | 9901 | -€9,018 | €7,276 | +€16,295 | |
| Financial income | 75/76B | €35 | €42 | +€7 | +20.4% |
| Recurring financial income | 75 | €35 | €42 | +€7 | +20.4% |
| Financial charges | 65/66B | €225 | €199 | -€26 | -11.4% |
| Recurring financial charges | 65 | €225 | €199 | -€26 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,208 | €7,119 | +€16,328 | |
| Income taxes | 67/77 | €2 | €0 | -€2 | -100% |
| Profit (loss) for the period | 9904 | -€9,210 | €7,119 | +€16,330 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,210 | €7,119 | +€16,330 |
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 28 October 2026 via checked.be.