NAPTON: 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.
NAPTON
Largest movements
- Tangible fixed assets -€80,729
down €80,729 (-3.7%), from €2.2m to €2.1m
of which Land and buildings: -€65,980
- Cash +€34,896
up €34,896 (+432.1%), from €8,076 to €42,973
mainly Depreciation (+€80,729) and Deferred charges and accrued income (+€33,496)
- Deferred charges and accrued income -€33,496
down €33,496 (-77.5%), from €43,209 to €9,712
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€36,174
down €36,174 (-65.4%), from €55,285 to €19,110
- Taxes +€10,437
up €10,437 (+1798.1%), from €580 to €11,018
- Financial income +€4,255
up €4,255 (+10194.6%), from €42 to €4,297
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 | €3,222,507 | €3,147,077 | -€75,430 | -2.3% |
| Fixed assets | 21/28 | €2,620,238 | €2,539,509 | -€80,729 | -3.1% |
| Tangible fixed assets | 22/27 | €2,172,496 | €2,091,767 | -€80,729 | -3.7% |
| Land and buildings | 22 | €2,028,279 | €1,962,299 | -€65,980 | -3.3% |
| Furniture and vehicles | 24 | €144,217 | €129,468 | -€14,749 | -10.2% |
| Financial fixed assets | 28 | €447,742 | €447,742 | = | 0.0% |
| Current assets | 29/58 | €602,269 | €607,567 | +€5,298 | +0.9% |
| Amounts receivable after more than one year | 29 | €21,300 | €21,300 | = | 0.0% |
| Other amounts receivable | 291 | €21,300 | €21,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,684 | €13,582 | +€3,898 | +40.3% |
| Trade receivables | 40 | €9,542 | €10,337 | +€796 | +8.3% |
| Other amounts receivable | 41 | €142 | €3,245 | +€3,103 | +2180.8% |
| Current investments | 50/53 | €520,000 | €520,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,076 | €42,973 | +€34,896 | +432.1% |
| Deferred charges and accrued income | 490/1 | €43,209 | €9,712 | -€33,496 | -77.5% |
| Total equity and liabilities | 10/49 | €3,222,507 | €3,147,077 | -€75,430 | -2.3% |
| Equity | 10/15 | €1,944,950 | €1,946,086 | +€1,136 | +0.1% |
| Contributions | 10/11 | €11,511 | €11,511 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,933,439 | €1,934,574 | +€1,136 | +0.1% |
| Provisions and deferred taxes | 16 | €77,875 | €72,785 | -€5,090 | -6.5% |
| Deferred taxes | 168 | €77,875 | €72,785 | -€5,090 | -6.5% |
| Amounts payable | 17/49 | €1,199,682 | €1,128,206 | -€71,476 | -6.0% |
| Amounts payable after more than one year | 17 | €604,831 | €579,489 | -€25,342 | -4.2% |
| Financial debts | 170/4 | €604,831 | €579,489 | -€25,342 | -4.2% |
| Amounts payable within one year | 42/48 | €543,334 | €509,170 | -€34,164 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €54,979 | €25,342 | -€29,637 | -53.9% |
| Trade debts | 44 | €19,504 | €14,614 | -€4,890 | -25.1% |
| Suppliers | 440/4 | €19,504 | €14,614 | -€4,890 | -25.1% |
| Taxes, remuneration and social security | 45 | €3,433 | €12,012 | +€8,579 | +249.9% |
| Taxes | 450/3 | €1,333 | €12,012 | +€10,679 | +801.1% |
| Remuneration and social security | 454/9 | €2,100 | €0 | -€2,100 | -100.0% |
| Other amounts payable | 47/48 | €465,418 | €457,202 | -€8,216 | -1.8% |
| Accrued charges and deferred income | 492/3 | €51,517 | €39,547 | -€11,971 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,148 | €80,729 | -€419 | -0.5% |
| Other operating charges | 640/8 | €55,285 | €19,110 | -€36,174 | -65.4% |
| Gross operating margin | 9900 | €122,795 | €122,606 | -€189 | -0.2% |
| Operating profit (loss) | 9901 | -€13,637 | €22,767 | +€36,404 | |
| Financial income | 75/76B | €42 | €4,297 | +€4,255 | +10194.6% |
| Recurring financial income | 75 | €42 | €4,297 | +€4,255 | +10194.6% |
| Financial charges | 65/66B | €19,751 | €20,001 | +€250 | +1.3% |
| Recurring financial charges | 65 | €19,751 | €20,001 | +€250 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,346 | €7,064 | +€40,410 | |
| Transfer from deferred taxes | 780 | €5,090 | €5,090 | = | 0.0% |
| Income taxes | 67/77 | €580 | €11,018 | +€10,437 | +1798.1% |
| Profit (loss) for the period | 9904 | -€28,837 | €1,136 | +€29,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,837 | €1,136 | +€29,972 |
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 10 October 2026 via checked.be.