NAPIX: 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.
NAPIX
Largest movements
- Receivables within one year -€2,950
down €2,950 (-31.2%), from €9,450 to €6,500
- Cash +€1,367
up €1,367 (+3.0%), from €45,942 to €47,309
mainly Net result for the year (+€30,948) and Receivables within one year (+€2,950)
- Deferred charges and accrued income -€1,304
down €1,304 (-17.4%), from €7,514 to €6,209
- Tangible fixed assets -€904
down €904 (-23.7%), from €3,810 to €2,906
- Tax, wage and social debts -€2,920
down €2,920 (-8.9%), from €32,788 to €29,868
- Profit (loss) carried forward -€1,052
down €1,052 (-35.9%), from €2,927 to €1,876
- Other debts +€904
up €904 (+3.2%), from €28,231 to €29,136
- Trade debts -€724
down €724 (-94.1%), from €770 to €45
- Gross operating margin -€2,399
down €2,399 (-5.8%), from €41,063 to €38,663
- Other operating charges -€2,241
down €2,241 (-75.0%), from €2,989 to €748
- Taxes -€1,609
down €1,609 (-17.5%), from €9,200 to €7,591
- Financial income +€1,573
new in 2025: €1,573
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 | €66,716 | €62,925 | -€3,791 | -5.7% |
| Fixed assets | 21/28 | €3,810 | €2,906 | -€904 | -23.7% |
| Tangible fixed assets | 22/27 | €3,810 | €2,906 | -€904 | -23.7% |
| Other tangible fixed assets | 26 | €3,810 | €2,906 | -€904 | -23.7% |
| Current assets | 29/58 | €62,906 | €60,018 | -€2,887 | -4.6% |
| Amounts receivable within one year | 40/41 | €9,450 | €6,500 | -€2,950 | -31.2% |
| Trade receivables | 40 | €9,450 | €6,500 | -€2,950 | -31.2% |
| Cash at bank and in hand | 54/58 | €45,942 | €47,309 | +€1,367 | +3.0% |
| Deferred charges and accrued income | 490/1 | €7,514 | €6,209 | -€1,304 | -17.4% |
| Total equity and liabilities | 10/49 | €66,716 | €62,925 | -€3,791 | -5.7% |
| Equity | 10/15 | €4,927 | €3,876 | -€1,052 | -21.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,927 | €1,876 | -€1,052 | -35.9% |
| Amounts payable | 17/49 | €61,789 | €59,049 | -€2,739 | -4.4% |
| Amounts payable within one year | 42/48 | €61,789 | €59,049 | -€2,739 | -4.4% |
| Trade debts | 44 | €770 | €45 | -€724 | -94.1% |
| Suppliers | 440/4 | €770 | €45 | -€724 | -94.1% |
| Taxes, remuneration and social security | 45 | €32,788 | €29,868 | -€2,920 | -8.9% |
| Taxes | 450/3 | €32,788 | €29,868 | -€2,920 | -8.9% |
| Other amounts payable | 47/48 | €28,231 | €29,136 | +€904 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €572 | €904 | +€332 | +58.1% |
| Other operating charges | 640/8 | €2,989 | €748 | -€2,241 | -75.0% |
| Gross operating margin | 9900 | €41,063 | €38,663 | -€2,399 | -5.8% |
| Operating profit (loss) | 9901 | €37,502 | €37,011 | -€490 | -1.3% |
| Financial income | 75/76B | - | €1,573 | +€1,573 | |
| Recurring financial income | 75 | - | €1,573 | +€1,573 | |
| Financial charges | 65/66B | €35 | €45 | +€10 | +27.7% |
| Recurring financial charges | 65 | €35 | €45 | +€10 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €37,466 | €38,539 | +€1,073 | +2.9% |
| Income taxes | 67/77 | €9,200 | €7,591 | -€1,609 | -17.5% |
| Profit (loss) for the period | 9904 | €28,267 | €30,948 | +€2,682 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,267 | €30,948 | +€2,682 | +9.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.