NAPIROXA: 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.
NAPIROXA
Largest movements
- Tangible fixed assets -€257
down €257 (-3.5%), from €7,247 to €6,990
- Profit (loss) carried forward -€1,796
down €1,796 (-6.2%), from -€28,904 to -€30,700
- Other debts +€1,500
up €1,500 (+5.0%), from €30,073 to €31,573
- Gross operating margin -€109
down €109 (-9.1%), from -€1,191 to -€1,300
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 | €7,369 | €7,073 | -€296 | -4.0% |
| Fixed assets | 21/28 | €7,247 | €6,990 | -€257 | -3.5% |
| Tangible fixed assets | 22/27 | €7,247 | €6,990 | -€257 | -3.5% |
| Land and buildings | 22 | €7,247 | €6,990 | -€257 | -3.5% |
| Current assets | 29/58 | €123 | €83 | -€39 | -31.9% |
| Cash at bank and in hand | 54/58 | €123 | €83 | -€39 | -31.9% |
| Total equity and liabilities | 10/49 | €7,369 | €7,073 | -€296 | -4.0% |
| Equity | 10/15 | -€22,704 | -€24,500 | -€1,796 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,904 | -€30,700 | -€1,796 | -6.2% |
| Amounts payable | 17/49 | €30,073 | €31,573 | +€1,500 | +5.0% |
| Amounts payable within one year | 42/48 | €30,073 | €31,573 | +€1,500 | +5.0% |
| Other amounts payable | 47/48 | €30,073 | €31,573 | +€1,500 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €257 | = | 0.0% |
| Gross operating margin | 9900 | -€1,191 | -€1,300 | -€109 | -9.1% |
| Operating profit (loss) | 9901 | -€1,448 | -€1,557 | -€109 | -7.5% |
| Financial charges | 65/66B | €240 | €239 | -€1 | -0.4% |
| Recurring financial charges | 65 | €240 | €239 | -€1 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,688 | -€1,796 | -€108 | -6.4% |
| Profit (loss) for the period | 9904 | -€1,688 | -€1,796 | -€108 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,688 | -€1,796 | -€108 | -6.4% |
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 21 October 2026 via checked.be.