NAPA THINGS: 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.
NAPA THINGS
Largest movements
- Receivables within one year -€6,474
down €6,474 (-97.9%), from €6,615 to €142
of which Trade receivables: -€6,349
- Tangible fixed assets -€1,449
down €1,449 (-11.9%), from €12,180 to €10,731
- Cash +€1,384
up €1,384 (+280%), from €495 to €1,878
mainly Receivables within one year (+€6,474) and Depreciation (+€1,449)
- Other debts -€6,411
down €6,411 (-13.3%), from €48,036 to €41,624
- Profit (loss) carried forward -€660
down €660 (-2.6%), from -€25,870 to -€26,531
- Advances received +€544
new in 2025: €544
- Depreciation -€1,671
down €1,671 (-53.5%), from €3,120 to €1,449
- Gross operating margin -€1,391
down €1,391 (-44.1%), from €3,152 to €1,760
- Other operating charges -€364
down €364 (-34.0%), from €1,071 to €707
- Financial charges +€127
up €127 (+92.9%), from €137 to €264
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 | €28,537 | €22,009 | -€6,528 | -22.9% |
| Fixed assets | 21/28 | €12,180 | €10,731 | -€1,449 | -11.9% |
| Tangible fixed assets | 22/27 | €12,180 | €10,731 | -€1,449 | -11.9% |
| Land and buildings | 22 | €10,161 | €9,484 | -€677 | -6.7% |
| Plant, machinery and equipment | 23 | €1,818 | €1,247 | -€571 | -31.4% |
| Furniture and vehicles | 24 | €202 | - | -€202 | |
| Current assets | 29/58 | €16,357 | €11,278 | -€5,079 | -31.0% |
| Stocks and contracts in progress | 3 | €8,921 | €8,921 | = | 0.0% |
| Stocks | 30/36 | €8,921 | €8,921 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,615 | €142 | -€6,474 | -97.9% |
| Trade receivables | 40 | €6,490 | €142 | -€6,349 | -97.8% |
| Other amounts receivable | 41 | €125 | - | -€125 | |
| Cash at bank and in hand | 54/58 | €495 | €1,878 | +€1,384 | +280% |
| Deferred charges and accrued income | 490/1 | €327 | €338 | +€11 | +3.4% |
| Total equity and liabilities | 10/49 | €28,537 | €22,009 | -€6,528 | -22.9% |
| Equity | 10/15 | -€19,673 | -€20,333 | -€660 | -3.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,870 | -€26,531 | -€660 | -2.6% |
| Amounts payable | 17/49 | €48,210 | €42,343 | -€5,868 | -12.2% |
| Amounts payable within one year | 42/48 | €48,210 | €42,343 | -€5,868 | -12.2% |
| Trade debts | 44 | €175 | €175 | = | 0.0% |
| Suppliers | 440/4 | €175 | €175 | = | 0.0% |
| Advances received on contracts in progress | 46 | - | €544 | +€544 | |
| Other amounts payable | 47/48 | €48,036 | €41,624 | -€6,411 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,120 | €1,449 | -€1,671 | -53.5% |
| Other operating charges | 640/8 | €1,071 | €707 | -€364 | -34.0% |
| Gross operating margin | 9900 | €3,152 | €1,760 | -€1,391 | -44.1% |
| Operating profit (loss) | 9901 | -€1,039 | -€396 | +€643 | +61.9% |
| Financial charges | 65/66B | €137 | €264 | +€127 | +92.9% |
| Recurring financial charges | 65 | €137 | €264 | +€127 | +92.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,176 | -€660 | +€516 | +43.9% |
| Profit (loss) for the period | 9904 | -€1,176 | -€660 | +€516 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,176 | -€660 | +€516 | +43.9% |
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 13 October 2026 via checked.be.