NPY: 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.
NPY
Largest movements
- Current investments -€14,206
down €14,206 (-35.5%), from €40,020 to €25,814
- Cash +€4,356
up €4,356 (+803.9%), from €542 to €4,898
mainly Current investments (+€14,206) and Other debts (+€8,239)
- Receivables within one year +€1,662
up €1,662 (+66.5%), from €2,500 to €4,162
- Tangible fixed assets -€953
down €953 (-32.3%), from €2,951 to €1,998
of which Furniture and vehicles: -€1,149
- Profit (loss) carried forward -€15,803
down €15,803 (-87.8%), from -€18,004 to -€33,807
- Other debts +€8,239
up €8,239 (+10932.4%), from €75 to €8,314
- Trade debts -€1,374
down €1,374 (-31.6%), from €4,344 to €2,970
- Accrued charges and deferred income -€500
down €500 (-25.0%), from €2,000 to €1,500
- Gross operating margin +€4,837
up €4,837 (+22.2%), from -€21,812 to -€16,975
- Financial income +€4,676
up €4,676 (+2720.7%), from €172 to €4,848
- Taxes -€348
down €348 (-98.8%), from €353 to €4
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 | €46,112 | €36,872 | -€9,240 | -20.0% |
| Fixed assets | 21/28 | €2,951 | €1,998 | -€953 | -32.3% |
| Tangible fixed assets | 22/27 | €2,951 | €1,998 | -€953 | -32.3% |
| Plant, machinery and equipment | 23 | €243 | €439 | +€196 | +80.7% |
| Furniture and vehicles | 24 | €2,708 | €1,559 | -€1,149 | -42.4% |
| Current assets | 29/58 | €43,162 | €34,874 | -€8,287 | -19.2% |
| Amounts receivable within one year | 40/41 | €2,500 | €4,162 | +€1,662 | +66.5% |
| Other amounts receivable | 41 | €2,500 | €4,162 | +€1,662 | +66.5% |
| Current investments | 50/53 | €40,020 | €25,814 | -€14,206 | -35.5% |
| Cash at bank and in hand | 54/58 | €542 | €4,898 | +€4,356 | +803.9% |
| Deferred charges and accrued income | 490/1 | €100 | - | -€100 | |
| Total equity and liabilities | 10/49 | €46,112 | €36,872 | -€9,240 | -20.0% |
| Equity | 10/15 | €39,496 | €23,693 | -€15,803 | -40.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €56,500 | €56,500 | = | 0.0% |
| Distributable reserves | 133 | €56,500 | €56,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,004 | -€33,807 | -€15,803 | -87.8% |
| Amounts payable | 17/49 | €6,616 | €13,179 | +€6,563 | +99.2% |
| Amounts payable within one year | 42/48 | €4,616 | €11,679 | +€7,063 | +153.0% |
| Trade debts | 44 | €4,344 | €2,970 | -€1,374 | -31.6% |
| Suppliers | 440/4 | €4,344 | €2,970 | -€1,374 | -31.6% |
| Taxes, remuneration and social security | 45 | €197 | €395 | +€198 | +100.6% |
| Taxes | 450/3 | €197 | €395 | +€198 | +100.6% |
| Other amounts payable | 47/48 | €75 | €8,314 | +€8,239 | +10932.4% |
| Accrued charges and deferred income | 492/3 | €2,000 | €1,500 | -€500 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,452 | €1,476 | +€24 | +1.7% |
| Other operating charges | 640/8 | €720 | €540 | -€180 | -25.0% |
| Gross operating margin | 9900 | -€21,812 | -€16,975 | +€4,837 | +22.2% |
| Operating profit (loss) | 9901 | -€23,984 | -€18,991 | +€4,993 | +20.8% |
| Financial income | 75/76B | €172 | €4,848 | +€4,676 | +2720.7% |
| Recurring financial income | 75 | €172 | €4,848 | +€4,676 | +2720.7% |
| Financial charges | 65/66B | €1,589 | €1,655 | +€66 | +4.1% |
| Recurring financial charges | 65 | €1,589 | €1,655 | +€66 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,401 | -€15,799 | +€9,603 | +37.8% |
| Income taxes | 67/77 | €353 | €4 | -€348 | -98.8% |
| Profit (loss) for the period | 9904 | -€25,754 | -€15,803 | +€9,951 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,754 | -€15,803 | +€9,951 | +38.6% |
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 12 October 2026 via checked.be.