NAPOLI 1926: 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.
NAPOLI 1926
Largest movements
- Cash +€53,710
up €53,710 (+166%), from €32,333 to €86,043
mainly Net result for the year (+€41,988) and Depreciation (+€10,111)
- Tangible fixed assets -€8,940
down €8,940 (-43.7%), from €20,481 to €11,541
of which Furniture and vehicles: -€8,407
- Receivables within one year -€5,181
down €5,181 (-28.3%), from €18,277 to €13,096
of which Trade receivables: -€11,000
- Reserves +€41,900
up €41,900 (+97.9%), from €42,800 to €84,700
- Debts after one year -€6,216
down €6,216 (-79.5%), from €7,817 to €1,601
- Trade debts +€3,141
up €3,141 (+175%), from €1,799 to €4,940
- Gross operating margin +€34,919
up €34,919 (+97.2%), from €35,920 to €70,839
- Taxes +€9,948
up €9,948 (+125%), from €7,934 to €17,882
- Depreciation -€2,099
down €2,099 (-17.2%), from €12,210 to €10,111
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 | €71,218 | €111,369 | +€40,151 | +56.4% |
| Fixed assets | 21/28 | €20,481 | €11,541 | -€8,940 | -43.7% |
| Tangible fixed assets | 22/27 | €20,481 | €11,541 | -€8,940 | -43.7% |
| Furniture and vehicles | 24 | €19,361 | €10,954 | -€8,407 | -43.4% |
| Other tangible fixed assets | 26 | €1,120 | €587 | -€533 | -47.6% |
| Current assets | 29/58 | €50,737 | €99,828 | +€49,091 | +96.8% |
| Amounts receivable within one year | 40/41 | €18,277 | €13,096 | -€5,181 | -28.3% |
| Trade receivables | 40 | €11,000 | - | -€11,000 | |
| Other amounts receivable | 41 | €7,277 | €13,096 | +€5,819 | +80.0% |
| Cash at bank and in hand | 54/58 | €32,333 | €86,043 | +€53,710 | +166% |
| Deferred charges and accrued income | 490/1 | €127 | €689 | +€562 | +443% |
| Total equity and liabilities | 10/49 | €71,218 | €111,369 | +€40,151 | +56.4% |
| Equity | 10/15 | €45,386 | €87,374 | +€41,988 | +92.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €42,800 | €84,700 | +€41,900 | +97.9% |
| Distributable reserves | 133 | €42,800 | €84,700 | +€41,900 | +97.9% |
| Profit (loss) carried forward | 14 | €86 | €174 | +€88 | +102% |
| Amounts payable | 17/49 | €25,832 | €23,995 | -€1,837 | -7.1% |
| Amounts payable after more than one year | 17 | €7,817 | €1,601 | -€6,216 | -79.5% |
| Financial debts | 170/4 | €7,817 | €1,601 | -€6,216 | -79.5% |
| Amounts payable within one year | 42/48 | €18,015 | €22,394 | +€4,379 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €5,924 | €6,216 | +€292 | +4.9% |
| Trade debts | 44 | €1,799 | €4,940 | +€3,141 | +175% |
| Suppliers | 440/4 | €1,799 | €4,940 | +€3,141 | +175% |
| Taxes, remuneration and social security | 45 | €10,292 | €11,238 | +€946 | +9.2% |
| Taxes | 450/3 | €10,292 | €11,238 | +€946 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,210 | €10,111 | -€2,099 | -17.2% |
| Other operating charges | 640/8 | €644 | €208 | -€436 | -67.7% |
| Gross operating margin | 9900 | €35,920 | €70,839 | +€34,919 | +97.2% |
| Operating profit (loss) | 9901 | €23,066 | €60,520 | +€37,454 | +162% |
| Financial charges | 65/66B | €711 | €650 | -€61 | -8.6% |
| Recurring financial charges | 65 | €711 | €650 | -€61 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €22,355 | €59,870 | +€37,515 | +168% |
| Income taxes | 67/77 | €7,934 | €17,882 | +€9,948 | +125% |
| Profit (loss) for the period | 9904 | €14,421 | €41,988 | +€27,567 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €14,421 | €41,988 | +€27,567 | +191% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.