NAPOLI: 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.
NAPOLI
Largest movements
- Tangible fixed assets -€11,297
down €11,297 (-3.1%), from €364,433 to €353,136
- Receivables within one year +€5,910
up €5,910 (+49.0%), from €12,060 to €17,970
of which Trade receivables: +€5,485
- Debts after one year -€21,997
down €21,997 (-9.2%), from €240,033 to €218,036
- Other debts +€13,730
up €13,730 (+18.0%), from €76,473 to €90,203
- Current portion of long-term debt +€12,293
up €12,293 (+107.6%), from €11,423 to €23,716
- Profit (loss) carried forward -€8,876
down €8,876 (-67.7%), from -€13,108 to -€21,984
- Short-term financial debts -€4,696
down €4,696 (-78.1%), from €6,014 to €1,318
- Gross operating margin -€8,190
down €8,190 (-29.4%), from €27,867 to €19,678
- Other operating charges +€2,448
up €2,448 (+53.2%), from €4,600 to €7,048
- Financial charges -€760
down €760 (-6.9%), from €10,969 to €10,209
- Financial income -€500
no longer reported in 2025 (was €500)
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 | €376,593 | €371,205 | -€5,387 | -1.4% |
| Fixed assets | 21/28 | €364,532 | €353,235 | -€11,297 | -3.1% |
| Tangible fixed assets | 22/27 | €364,433 | €353,136 | -€11,297 | -3.1% |
| Land and buildings | 22 | €364,433 | €353,136 | -€11,297 | -3.1% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €12,060 | €17,970 | +€5,910 | +49.0% |
| Amounts receivable within one year | 40/41 | €12,060 | €17,970 | +€5,910 | +49.0% |
| Trade receivables | 40 | €11,409 | €16,895 | +€5,485 | +48.1% |
| Other amounts receivable | 41 | €651 | €1,075 | +€424 | +65.2% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | 0.0% |
| Total equity and liabilities | 10/49 | €376,593 | €371,205 | -€5,387 | -1.4% |
| Equity | 10/15 | €34,843 | €25,967 | -€8,876 | -25.5% |
| Contributions | 10/11 | €43,592 | €43,592 | = | 0.0% |
| Reserves | 13 | €4,359 | €4,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,359 | €4,359 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,359 | €4,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,108 | -€21,984 | -€8,876 | -67.7% |
| Amounts payable | 17/49 | €341,749 | €345,238 | +€3,489 | +1.0% |
| Amounts payable after more than one year | 17 | €240,033 | €218,036 | -€21,997 | -9.2% |
| Financial debts | 170/4 | €240,033 | €218,036 | -€21,997 | -9.2% |
| Amounts payable within one year | 42/48 | €101,716 | €127,202 | +€25,486 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €11,423 | €23,716 | +€12,293 | +107.6% |
| Financial debts | 43 | €6,014 | €1,318 | -€4,696 | -78.1% |
| Credit institutions | 430/8 | €6,014 | €1,318 | -€4,696 | -78.1% |
| Trade debts | 44 | €7,663 | €11,822 | +€4,159 | +54.3% |
| Suppliers | 440/4 | €7,663 | €11,822 | +€4,159 | +54.3% |
| Taxes, remuneration and social security | 45 | €143 | €143 | = | 0.0% |
| Taxes | 450/3 | €143 | €143 | = | 0.0% |
| Other amounts payable | 47/48 | €76,473 | €90,203 | +€13,730 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,297 | €11,297 | = | 0.0% |
| Other operating charges | 640/8 | €4,600 | €7,048 | +€2,448 | +53.2% |
| Gross operating margin | 9900 | €27,867 | €19,678 | -€8,190 | -29.4% |
| Operating profit (loss) | 9901 | €11,970 | €1,332 | -€10,638 | -88.9% |
| Financial income | 75/76B | €500 | - | -€500 | |
| Recurring financial income | 75 | €500 | - | -€500 | |
| Financial charges | 65/66B | €10,969 | €10,209 | -€760 | -6.9% |
| Recurring financial charges | 65 | €10,969 | €10,209 | -€760 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €1,501 | -€8,876 | -€10,378 | |
| Profit (loss) for the period | 9904 | €1,501 | -€8,876 | -€10,378 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,501 | -€8,876 | -€10,378 |
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.