NAPO PIZZA: 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.
NAPO PIZZA
Largest movements
- Tangible fixed assets +€156,953
up €156,953 (+178%), from €88,326 to €245,279
of which Other tangible fixed assets: +€144,575
- Receivables within one year +€22,705
up €22,705 (+36.4%), from €62,451 to €85,155
of which Trade receivables: +€12,999
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Stocks and contracts +€4,184
up €4,184 (+16.6%), from €25,145 to €29,329
- Debts after one year +€113,552
up €113,552 (+380%), from €29,886 to €143,438
- Trade debts +€28,418
up €28,418 (+140%), from €20,236 to €48,654
- Other debts +€18,403
up €18,403 (+30,671%), from €60 to €18,463
- Current portion of long-term debt +€8,048
up €8,048 (+55.7%), from €14,450 to €22,498
- Tax, wage and social debts -€4,201
down €4,201 (-27.5%), from €15,293 to €11,092
of which Taxes: -€5,811
- Depreciation +€6,553
up €6,553 (+34.2%), from €19,163 to €25,716
- Financial income -€3,028
down €3,028 (-85.0%), from €3,564 to €536
of which Non-recurring financial income: -€2,600
- Financial charges +€1,544
up €1,544 (+26.8%), from €5,756 to €7,300
- Taxes -€1,275
down €1,275 (-90.6%), from €1,407 to €132
- Staff costs -€1,256
down €1,256 (-1.6%), from €78,478 to €77,223
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 | €207,175 | €367,273 | +€160,098 | +77.3% |
| Fixed assets | 21/28 | €88,326 | €245,279 | +€156,953 | +178% |
| Tangible fixed assets | 22/27 | €88,326 | €245,279 | +€156,953 | +178% |
| Plant, machinery and equipment | 23 | €35,985 | €38,144 | +€2,159 | +6.0% |
| Furniture and vehicles | 24 | €10,851 | €21,070 | +€10,219 | +94.2% |
| Other tangible fixed assets | 26 | €41,490 | €186,065 | +€144,575 | +348% |
| Current assets | 29/58 | €118,849 | €121,994 | +€3,145 | +2.6% |
| Stocks and contracts in progress | 3 | €25,145 | €29,329 | +€4,184 | +16.6% |
| Stocks | 30/36 | €25,145 | €29,329 | +€4,184 | +16.6% |
| Amounts receivable within one year | 40/41 | €62,451 | €85,155 | +€22,705 | +36.4% |
| Trade receivables | 40 | - | €12,999 | +€12,999 | |
| Other amounts receivable | 41 | €62,451 | €72,156 | +€9,705 | +15.5% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €7,887 | €4,962 | -€2,925 | -37.1% |
| Deferred charges and accrued income | 490/1 | €3,366 | €2,547 | -€819 | -24.3% |
| Total equity and liabilities | 10/49 | €207,175 | €367,273 | +€160,098 | +77.3% |
| Equity | 10/15 | €125,930 | €122,428 | -€3,501 | -2.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €72,820 | €72,820 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,533 | €19,533 | = | 0.0% |
| Distributable reserves | 133 | €53,287 | €53,287 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,109 | €29,608 | -€3,501 | -10.6% |
| Amounts payable | 17/49 | €81,246 | €244,845 | +€163,599 | +201% |
| Amounts payable after more than one year | 17 | €29,886 | €143,438 | +€113,552 | +380% |
| Financial debts | 170/4 | €29,886 | €143,438 | +€113,552 | +380% |
| Amounts payable within one year | 42/48 | €50,834 | €100,854 | +€50,020 | +98.4% |
| Current portion of amounts payable after more than one year | 42 | €14,450 | €22,498 | +€8,048 | +55.7% |
| Trade debts | 44 | €20,236 | €48,654 | +€28,418 | +140% |
| Suppliers | 440/4 | €20,236 | €48,654 | +€28,418 | +140% |
| Advances received on contracts in progress | 46 | €794 | €147 | -€647 | -81.4% |
| Taxes, remuneration and social security | 45 | €15,293 | €11,092 | -€4,201 | -27.5% |
| Taxes | 450/3 | €5,828 | €17 | -€5,811 | -99.7% |
| Remuneration and social security | 454/9 | €9,465 | €11,075 | +€1,610 | +17.0% |
| Other amounts payable | 47/48 | €60 | €18,463 | +€18,403 | +30,671% |
| Accrued charges and deferred income | 492/3 | €526 | €553 | +€27 | +5.1% |
| Remuneration, social security and pensions | 62 | €78,478 | €77,223 | -€1,256 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,163 | €25,716 | +€6,553 | +34.2% |
| Other operating charges | 640/8 | €1,812 | €1,863 | +€50 | +2.8% |
| Non-recurring operating charges | 66A | €275 | €603 | +€329 | +120% |
| Gross operating margin | 9900 | €109,409 | €108,800 | -€609 | -0.6% |
| Operating profit (loss) | 9901 | €9,680 | €3,395 | -€6,285 | -64.9% |
| Financial income | 75/76B | €3,564 | €536 | -€3,028 | -85.0% |
| Recurring financial income | 75 | €964 | €536 | -€428 | -44.4% |
| Non-recurring financial income | 76B | €2,600 | - | -€2,600 | |
| Financial charges | 65/66B | €5,756 | €7,300 | +€1,544 | +26.8% |
| Recurring financial charges | 65 | €5,756 | €7,300 | +€1,544 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €7,488 | -€3,369 | -€10,857 | |
| Income taxes | 67/77 | €1,407 | €132 | -€1,275 | -90.6% |
| Profit (loss) for the period | 9904 | €6,081 | -€3,501 | -€9,582 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,081 | -€3,501 | -€9,582 |
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 24 October 2026 via checked.be.