NapoleonIT: 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.
NapoleonIT
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+180.1%), from €581,286 to €1.6m
of which Other amounts receivable: +€907,404
- Cash +€493,554
up €493,554 (+88.6%), from €557,242 to €1.1m
mainly Trade debts (+€1.4m) and Net result for the year (+€112,189)
- Trade debts +€1.4m
up €1.4m (+121.2%), from €1.1m to €2.5m
- Reserves +€112,189
up €112,189 (+182.7%), from €61,415 to €173,604
- Accrued charges and deferred income +€53,289
new in 2025: €53,289
- Gross operating margin +€84,758
up €84,758 (+96.4%), from €87,886 to €172,644
- Taxes +€18,087
up €18,087 (+90.4%), from €20,000 to €38,087
- Depreciation +€10,094
up €10,094 (+142.5%), from €7,083 to €17,176
- Write-downs +€4,400
new in 2025: €4,400
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 | €1,218,017 | €2,741,313 | +€1.5m | +125.1% |
| Fixed assets | 21/28 | €78,799 | €61,623 | -€17,176 | -21.8% |
| Tangible fixed assets | 22/27 | €78,799 | €61,623 | -€17,176 | -21.8% |
| Furniture and vehicles | 24 | €78,799 | €61,623 | -€17,176 | -21.8% |
| Current assets | 29/58 | €1,139,218 | €2,679,690 | +€1.5m | +135.2% |
| Amounts receivable within one year | 40/41 | €581,286 | €1,628,056 | +€1.0m | +180.1% |
| Trade receivables | 40 | €98,866 | €238,232 | +€139,366 | +141.0% |
| Other amounts receivable | 41 | €482,420 | €1,389,824 | +€907,404 | +188.1% |
| Cash at bank and in hand | 54/58 | €557,242 | €1,050,796 | +€493,554 | +88.6% |
| Deferred charges and accrued income | 490/1 | €690 | €838 | +€148 | +21.5% |
| Total equity and liabilities | 10/49 | €1,218,017 | €2,741,313 | +€1.5m | +125.1% |
| Equity | 10/15 | €62,415 | €174,604 | +€112,189 | +179.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,415 | €173,604 | +€112,189 | +182.7% |
| Distributable reserves | 133 | €61,415 | €173,604 | +€112,189 | +182.7% |
| Amounts payable | 17/49 | €1,155,603 | €2,566,709 | +€1.4m | +122.1% |
| Amounts payable within one year | 42/48 | €1,155,603 | €2,513,420 | +€1.4m | +117.5% |
| Trade debts | 44 | €1,136,427 | €2,513,420 | +€1.4m | +121.2% |
| Suppliers | 440/4 | €1,136,427 | €2,513,420 | +€1.4m | +121.2% |
| Taxes, remuneration and social security | 45 | €19,176 | - | -€19,176 | |
| Taxes | 450/3 | €19,176 | - | -€19,176 | |
| Accrued charges and deferred income | 492/3 | - | €53,289 | +€53,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,083 | €17,176 | +€10,094 | +142.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,400 | +€4,400 | |
| Other operating charges | 640/8 | €380 | €546 | +€166 | +43.7% |
| Gross operating margin | 9900 | €87,886 | €172,644 | +€84,758 | +96.4% |
| Operating profit (loss) | 9901 | €80,423 | €150,521 | +€70,098 | +87.2% |
| Financial income | 75/76B | €1,001 | - | -€1,001 | |
| Recurring financial income | 75 | €1,001 | - | -€1,001 | |
| Financial charges | 65/66B | €10 | €245 | +€235 | +2398.2% |
| Recurring financial charges | 65 | €10 | €245 | +€235 | +2398.2% |
| Profit (loss) for the period before taxes | 9903 | €81,415 | €150,276 | +€68,861 | +84.6% |
| Income taxes | 67/77 | €20,000 | €38,087 | +€18,087 | +90.4% |
| Profit (loss) for the period | 9904 | €61,415 | €112,189 | +€50,775 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,415 | €112,189 | +€50,775 | +82.7% |
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 7 October 2026 via checked.be.