NAP DENT: 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.
NAP DENT
Largest movements
- Cash +€65,046
up €65,046 (+153.6%), from €42,340 to €107,386
mainly Net result for the year (+€112,704) and Other debts (+€72,734)
- Tangible fixed assets -€42,647
down €42,647 (-3.8%), from €1.1m to €1.1m
of which Furniture and vehicles: -€22,757
- Receivables within one year -€12,733
down €12,733 (-53.2%), from €23,915 to €11,182
- Other debts +€72,734
up €72,734 (+508.9%), from €14,291 to €87,025
- Debts after one year -€68,336
down €68,336 (-6.7%), from €1.0m to €956,572
- Reserves -€39,000
down €39,000 (-100.0%), from €39,000 to €0
- Profit (loss) carried forward +€22,704
up €22,704 (+7856.2%), from €289 to €22,993
- Tax, wage and social debts +€18,102
up €18,102 (+284.4%), from €6,366 to €24,468
of which Taxes: +€16,064
- Other operating charges -€93,029
down €93,029 (-94.9%), from €98,021 to €4,992
- Taxes +€28,857
up €28,857 (+232.5%), from €12,411 to €41,268
- Gross operating margin +€25,379
up €25,379 (+9.0%), from €282,359 to €307,738
- Financial charges +€11,115
up €11,115 (+39.0%), from €28,470 to €39,585
- Depreciation +€9,975
up €9,975 (+18.9%), from €52,671 to €62,646
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 | €1,193,797 | €1,201,853 | +€8,056 | +0.7% |
| Fixed assets | 21/28 | €1,124,415 | €1,078,768 | -€45,647 | -4.1% |
| Intangible fixed assets | 21 | €12,000 | €9,000 | -€3,000 | -25.0% |
| Tangible fixed assets | 22/27 | €1,112,415 | €1,069,768 | -€42,647 | -3.8% |
| Land and buildings | 22 | €1,037,861 | €1,018,261 | -€19,600 | -1.9% |
| Plant, machinery and equipment | 23 | €14,643 | €15,769 | +€1,126 | +7.7% |
| Furniture and vehicles | 24 | €34,808 | €12,051 | -€22,757 | -65.4% |
| Leasing and similar rights | 25 | €11,787 | €8,888 | -€2,899 | -24.6% |
| Other tangible fixed assets | 26 | €13,316 | €14,800 | +€1,484 | +11.1% |
| Current assets | 29/58 | €69,382 | €123,085 | +€53,703 | +77.4% |
| Amounts receivable within one year | 40/41 | €23,915 | €11,182 | -€12,733 | -53.2% |
| Other amounts receivable | 41 | €23,915 | €11,182 | -€12,733 | -53.2% |
| Cash at bank and in hand | 54/58 | €42,340 | €107,386 | +€65,046 | +153.6% |
| Deferred charges and accrued income | 490/1 | €3,127 | €4,517 | +€1,390 | +44.4% |
| Total equity and liabilities | 10/49 | €1,193,797 | €1,201,853 | +€8,056 | +0.7% |
| Equity | 10/15 | €58,010 | €41,714 | -€16,296 | -28.1% |
| Contributions | 10/11 | €18,721 | €18,721 | -€0 | 0.0% |
| Reserves | 13 | €39,000 | €0 | -€39,000 | -100.0% |
| Distributable reserves | 133 | €39,000 | €0 | -€39,000 | -100.0% |
| Profit (loss) carried forward | 14 | €289 | €22,993 | +€22,704 | +7856.2% |
| Amounts payable | 17/49 | €1,135,787 | €1,160,139 | +€24,352 | +2.1% |
| Amounts payable after more than one year | 17 | €1,024,908 | €956,572 | -€68,336 | -6.7% |
| Financial debts | 170/4 | €1,024,908 | €956,572 | -€68,336 | -6.7% |
| Amounts payable within one year | 42/48 | €109,514 | €203,566 | +€94,052 | +85.9% |
| Current portion of amounts payable after more than one year | 42 | €81,569 | €68,336 | -€13,233 | -16.2% |
| Trade debts | 44 | €7,288 | €23,738 | +€16,450 | +225.7% |
| Suppliers | 440/4 | €7,288 | €23,738 | +€16,450 | +225.7% |
| Taxes, remuneration and social security | 45 | €6,366 | €24,468 | +€18,102 | +284.4% |
| Taxes | 450/3 | €205 | €16,269 | +€16,064 | +7836.3% |
| Remuneration and social security | 454/9 | €6,161 | €8,198 | +€2,037 | +33.1% |
| Other amounts payable | 47/48 | €14,291 | €87,025 | +€72,734 | +508.9% |
| Accrued charges and deferred income | 492/3 | €1,365 | €0 | -€1,365 | -100.0% |
| Remuneration, social security and pensions | 62 | €49,365 | €46,555 | -€2,810 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,671 | €62,646 | +€9,975 | +18.9% |
| Other operating charges | 640/8 | €98,021 | €4,992 | -€93,029 | -94.9% |
| Gross operating margin | 9900 | €282,359 | €307,738 | +€25,379 | +9.0% |
| Operating profit (loss) | 9901 | €82,302 | €193,544 | +€111,242 | +135.2% |
| Financial income | 75/76B | €48 | €13 | -€35 | -73.7% |
| Recurring financial income | 75 | €48 | €13 | -€35 | -73.7% |
| Financial charges | 65/66B | €28,470 | €39,585 | +€11,115 | +39.0% |
| Recurring financial charges | 65 | €28,470 | €39,585 | +€11,115 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €53,880 | €153,972 | +€100,092 | +185.8% |
| Income taxes | 67/77 | €12,411 | €41,268 | +€28,857 | +232.5% |
| Profit (loss) for the period | 9904 | €41,469 | €112,704 | +€71,235 | +171.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,469 | €112,704 | +€71,235 | +171.8% |
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 12 October 2026 via checked.be.