2 Neve: 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.
2 Neve
Largest movements
- Tangible fixed assets -€216,079
down €216,079 (-77.4%), from €279,275 to €63,197
of which Land and buildings: -€277,927
- Cash +€181,235
up €181,235 (+198.5%), from €91,311 to €272,546
mainly Investment in fixed assets (net) (+€215,148) and Net result for the year (+€64,884)
- Receivables within one year +€5,238
up €5,238 (+551.4%), from €950 to €6,188
of which Other amounts receivable: +€6,188
- Debts after one year -€96,085
down €96,085 (-66.4%), from €144,770 to €48,685
- Reserves +€64,884
up €64,884 (+37.6%), from €172,717 to €237,601
- Tax, wage and social debts +€23,371
up €23,371 (+1041.8%), from €2,243 to €25,614
- Other debts -€19,000
no longer reported in 2025 (was €19,000)
- Gross operating margin +€48,504
up €48,504 (+85.9%), from €56,460 to €104,963
- Depreciation -€24,781
down €24,781 (-96.4%), from €25,711 to €931
- Taxes +€23,320
up €23,320 (+282.9%), from €8,243 to €31,563
- Financial charges +€1,912
up €1,912 (+78.7%), from €2,429 to €4,341
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 | €371,950 | €344,220 | -€27,730 | -7.5% |
| Fixed assets | 21/28 | €279,275 | €63,197 | -€216,079 | -77.4% |
| Tangible fixed assets | 22/27 | €279,275 | €63,197 | -€216,079 | -77.4% |
| Land and buildings | 22 | €277,927 | €0 | -€277,927 | -100.0% |
| Furniture and vehicles | 24 | €1,348 | €63,197 | +€61,848 | +4587.8% |
| Current assets | 29/58 | €92,675 | €281,023 | +€188,348 | +203.2% |
| Amounts receivable within one year | 40/41 | €950 | €6,188 | +€5,238 | +551.4% |
| Trade receivables | 40 | €950 | - | -€950 | |
| Other amounts receivable | 41 | - | €6,188 | +€6,188 | |
| Cash at bank and in hand | 54/58 | €91,311 | €272,546 | +€181,235 | +198.5% |
| Deferred charges and accrued income | 490/1 | €414 | €2,289 | +€1,875 | +452.9% |
| Total equity and liabilities | 10/49 | €371,950 | €344,220 | -€27,730 | -7.5% |
| Equity | 10/15 | €193,177 | €258,061 | +€64,884 | +33.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €172,717 | €237,601 | +€64,884 | +37.6% |
| Distributable reserves | 133 | €172,717 | €237,601 | +€64,884 | +37.6% |
| Amounts payable | 17/49 | €178,773 | €86,159 | -€92,615 | -51.8% |
| Amounts payable after more than one year | 17 | €144,770 | €48,685 | -€96,085 | -66.4% |
| Financial debts | 170/4 | €144,770 | €48,685 | -€96,085 | -66.4% |
| Amounts payable within one year | 42/48 | €34,004 | €37,474 | +€3,470 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €12,760 | €11,315 | -€1,445 | -11.3% |
| Trade debts | 44 | - | €545 | +€545 | |
| Suppliers | 440/4 | - | €545 | +€545 | |
| Taxes, remuneration and social security | 45 | €2,243 | €25,614 | +€23,371 | +1041.8% |
| Taxes | 450/3 | €2,243 | €25,614 | +€23,371 | +1041.8% |
| Other amounts payable | 47/48 | €19,000 | - | -€19,000 | |
| Non-recurring operating income | 76A | - | €68,685 | +€68,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,711 | €931 | -€24,781 | -96.4% |
| Other operating charges | 640/8 | €3,258 | €3,246 | -€12 | -0.4% |
| Gross operating margin | 9900 | €56,460 | €104,963 | +€48,504 | +85.9% |
| Operating profit (loss) | 9901 | €27,490 | €100,787 | +€73,297 | +266.6% |
| Financial income | 75/76B | €1 | €1 | +€1 | +176.9% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +176.9% |
| Financial charges | 65/66B | €2,429 | €4,341 | +€1,912 | +78.7% |
| Recurring financial charges | 65 | €2,429 | €4,341 | +€1,912 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | €25,062 | €96,448 | +€71,386 | +284.8% |
| Income taxes | 67/77 | €8,243 | €31,563 | +€23,320 | +282.9% |
| Profit (loss) for the period | 9904 | €16,818 | €64,884 | +€48,066 | +285.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,818 | €64,884 | +€48,066 | +285.8% |
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 4 October 2026 via checked.be.