Napoleonsky: 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.
Napoleonsky
Largest movements
- Tangible fixed assets -€141,011
down €141,011 (-11.3%), from €1.2m to €1.1m
of which Land and buildings: -€100,326
- Cash +€108,820
up €108,820 (+186%), from €58,417 to €167,237
mainly Depreciation (+€141,011) and Net result for the year (+€51,708)
- Deferred charges and accrued income +€17,181
up €17,181 (+231%), from €7,453 to €24,634
- Debts after one year -€85,076
down €85,076 (-12.5%), from €680,606 to €595,530
- Profit (loss) carried forward +€51,708
up €51,708 (+5.6%), from -€915,809 to -€864,101
- Gross operating margin +€80,545
up €80,545 (+49.9%), from €161,346 to €241,890
- Financial charges -€4,013
down €4,013 (-9.9%), from €40,407 to €36,395
- Depreciation +€2,482
up €2,482 (+1.8%), from €138,529 to €141,011
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 | €1,309,839 | €1,294,829 | -€15,010 | -1.1% |
| Fixed assets | 21/28 | €1,243,969 | €1,102,958 | -€141,011 | -11.3% |
| Tangible fixed assets | 22/27 | €1,243,969 | €1,102,958 | -€141,011 | -11.3% |
| Land and buildings | 22 | €914,097 | €813,771 | -€100,326 | -11.0% |
| Other tangible fixed assets | 26 | €329,871 | €289,187 | -€40,685 | -12.3% |
| Current assets | 29/58 | €65,870 | €191,871 | +€126,001 | +191% |
| Cash at bank and in hand | 54/58 | €58,417 | €167,237 | +€108,820 | +186% |
| Deferred charges and accrued income | 490/1 | €7,453 | €24,634 | +€17,181 | +231% |
| Total equity and liabilities | 10/49 | €1,309,839 | €1,294,829 | -€15,010 | -1.1% |
| Equity | 10/15 | €83,191 | €134,899 | +€51,708 | +62.2% |
| Contributions | 10/11 | €999,000 | €999,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€915,809 | -€864,101 | +€51,708 | +5.6% |
| Amounts payable | 17/49 | €1,226,648 | €1,159,930 | -€66,719 | -5.4% |
| Amounts payable after more than one year | 17 | €680,606 | €595,530 | -€85,076 | -12.5% |
| Financial debts | 170/4 | €680,606 | €595,530 | -€85,076 | -12.5% |
| Amounts payable within one year | 42/48 | €546,042 | €551,733 | +€5,691 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €85,076 | €85,076 | = | 0.0% |
| Trade debts | 44 | €153 | €85 | -€68 | -44.2% |
| Suppliers | 440/4 | €153 | €85 | -€68 | -44.2% |
| Other amounts payable | 47/48 | €460,814 | €466,572 | +€5,759 | +1.2% |
| Accrued charges and deferred income | 492/3 | - | €12,666 | +€12,666 | |
| Non-recurring operating income | 76A | - | €86,482 | +€86,482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,529 | €141,011 | +€2,482 | +1.8% |
| Other operating charges | 640/8 | €11,924 | €12,777 | +€852 | +7.1% |
| Gross operating margin | 9900 | €161,346 | €241,890 | +€80,545 | +49.9% |
| Operating profit (loss) | 9901 | €10,893 | €88,103 | +€77,210 | +709% |
| Financial income | 75/76B | €99 | - | -€99 | |
| Recurring financial income | 75 | €99 | - | -€99 | |
| Financial charges | 65/66B | €40,407 | €36,395 | -€4,013 | -9.9% |
| Recurring financial charges | 65 | €40,407 | €36,395 | -€4,013 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,416 | €51,708 | +€81,124 | |
| Profit (loss) for the period | 9904 | -€29,416 | €51,708 | +€81,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,416 | €51,708 | +€81,124 |
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.