NACPAN: 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.
NACPAN
Largest movements
- Tangible fixed assets -€12,945
down €12,945 (-71.4%), from €18,135 to €5,189
of which Leasing and similar rights: -€12,293
- Cash +€10,458
up €10,458 (+2237.8%), from €467 to €10,926
mainly Depreciation (+€14,671) and Net result for the year (+€13,468)
- Receivables within one year -€6,985
down €6,985 (-15.5%), from €45,071 to €38,086
of which Other amounts receivable: -€11,449
- Deferred charges and accrued income +€1,520
up €1,520 (+232.5%), from €654 to €2,173
- Tax, wage and social debts +€10,694
up €10,694 (+144.9%), from €7,383 to €18,076
of which Taxes: +€12,986
- Current portion of long-term debt -€6,842
down €6,842 (-74.3%), from €9,210 to €2,368
- Profit (loss) carried forward -€6,532
down €6,532 (-29.4%), from €22,190 to €15,657
- Trade debts -€2,640
down €2,640 (-56.6%), from €4,662 to €2,022
- Debts after one year -€2,368
down €2,368 (-100.0%), from €2,368 to €0
of which Financial debts: -€2,368
- Taxes +€3,811
up €3,811 (+68.9%), from €5,529 to €9,340
- Financial income +€1,520
up €1,520 (+232.5%), from €654 to €2,173
- Financial charges -€1,436
down €1,436 (-51.5%), from €2,789 to €1,354
- Other operating charges +€1,416
up €1,416 (+126.4%), from €1,120 to €2,536
- Gross operating margin +€1,397
up €1,397 (+3.7%), from €37,797 to €39,194
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,627 | €56,674 | -€7,952 | -12.3% |
| Fixed assets | 21/28 | €18,435 | €5,489 | -€12,945 | -70.2% |
| Tangible fixed assets | 22/27 | €18,135 | €5,189 | -€12,945 | -71.4% |
| Plant, machinery and equipment | 23 | €905 | €0 | -€905 | -100.0% |
| Furniture and vehicles | 24 | €1,501 | €1,754 | +€253 | +16.9% |
| Leasing and similar rights | 25 | €15,729 | €3,435 | -€12,293 | -78.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €46,192 | €51,185 | +€4,993 | +10.8% |
| Amounts receivable within one year | 40/41 | €45,071 | €38,086 | -€6,985 | -15.5% |
| Trade receivables | 40 | €10,540 | €15,004 | +€4,464 | +42.4% |
| Other amounts receivable | 41 | €34,531 | €23,082 | -€11,449 | -33.2% |
| Cash at bank and in hand | 54/58 | €467 | €10,926 | +€10,458 | +2237.8% |
| Deferred charges and accrued income | 490/1 | €654 | €2,173 | +€1,520 | +232.5% |
| Total equity and liabilities | 10/49 | €64,627 | €56,674 | -€7,952 | -12.3% |
| Equity | 10/15 | €40,740 | €34,207 | -€6,532 | -16.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,190 | €15,657 | -€6,532 | -29.4% |
| Amounts payable | 17/49 | €23,887 | €22,467 | -€1,420 | -5.9% |
| Amounts payable after more than one year | 17 | €2,368 | €0 | -€2,368 | -100.0% |
| Financial debts | 170/4 | €2,368 | €0 | -€2,368 | -100.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,255 | €22,467 | +€1,212 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €9,210 | €2,368 | -€6,842 | -74.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,662 | €2,022 | -€2,640 | -56.6% |
| Suppliers | 440/4 | €4,662 | €2,022 | -€2,640 | -56.6% |
| Taxes, remuneration and social security | 45 | €7,383 | €18,076 | +€10,694 | +144.9% |
| Taxes | 450/3 | €5,090 | €18,076 | +€12,986 | +255.1% |
| Remuneration and social security | 454/9 | €2,292 | €0 | -€2,292 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €264 | €0 | -€264 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,236 | €14,671 | -€565 | -3.7% |
| Other operating charges | 640/8 | €1,120 | €2,536 | +€1,416 | +126.4% |
| Gross operating margin | 9900 | €37,797 | €39,194 | +€1,397 | +3.7% |
| Operating profit (loss) | 9901 | €21,441 | €21,987 | +€546 | +2.5% |
| Financial income | 75/76B | €654 | €2,173 | +€1,520 | +232.5% |
| Recurring financial income | 75 | €654 | €2,173 | +€1,520 | +232.5% |
| Financial charges | 65/66B | €2,789 | €1,354 | -€1,436 | -51.5% |
| Recurring financial charges | 65 | €2,789 | €1,354 | -€1,436 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €19,305 | €22,807 | +€3,502 | +18.1% |
| Income taxes | 67/77 | €5,529 | €9,340 | +€3,811 | +68.9% |
| Profit (loss) for the period | 9904 | €13,777 | €13,468 | -€309 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,777 | €13,468 | -€309 | -2.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.