E-NEURO: 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.
E-NEURO
Largest movements
- Cash -€231,868
down €231,868 (-69.0%), from €336,237 to €104,369
mainly Other debts (-€213,259) and Contributions, distributions and other (-€92,500)
- Receivables within one year +€34,761
up €34,761 (+232%), from €15,000 to €49,761
of which Trade receivables: +€31,261
- Tangible fixed assets -€7,933
down €7,933 (-46.7%), from €16,983 to €9,049
- Other debts -€213,259
down €213,259 (-59.6%), from €357,608 to €144,349
- Tax, wage and social debts +€8,093
up €8,093 (+3,153%), from €257 to €8,350
- Gross operating margin +€124,122
up €124,122 (+3,852%), from €3,223 to €127,345
- Taxes +€26,391
up €26,391 (+12,640%), from €209 to €26,600
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 | €368,220 | €163,179 | -€205,041 | -55.7% |
| Fixed assets | 21/28 | €16,983 | €9,049 | -€7,933 | -46.7% |
| Tangible fixed assets | 22/27 | €16,983 | €9,049 | -€7,933 | -46.7% |
| Furniture and vehicles | 24 | €16,983 | €9,049 | -€7,933 | -46.7% |
| Current assets | 29/58 | €351,237 | €154,130 | -€197,107 | -56.1% |
| Amounts receivable within one year | 40/41 | €15,000 | €49,761 | +€34,761 | +232% |
| Trade receivables | 40 | €15,000 | €46,261 | +€31,261 | +208% |
| Other amounts receivable | 41 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €336,237 | €104,369 | -€231,868 | -69.0% |
| Total equity and liabilities | 10/49 | €368,220 | €163,179 | -€205,041 | -55.7% |
| Equity | 10/15 | €5,255 | €5,031 | -€225 | -4.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255 | €31 | -€225 | -88.0% |
| Amounts payable | 17/49 | €362,964 | €158,149 | -€204,816 | -56.4% |
| Amounts payable within one year | 42/48 | €362,964 | €158,149 | -€204,816 | -56.4% |
| Trade debts | 44 | €5,100 | €5,450 | +€350 | +6.9% |
| Suppliers | 440/4 | €5,100 | €5,450 | +€350 | +6.9% |
| Taxes, remuneration and social security | 45 | €257 | €8,350 | +€8,093 | +3,153% |
| Taxes | 450/3 | €257 | €8,350 | +€8,093 | +3,153% |
| Other amounts payable | 47/48 | €357,608 | €144,349 | -€213,259 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,933 | €7,933 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €3,223 | €127,345 | +€124,122 | +3,852% |
| Operating profit (loss) | 9901 | -€5,095 | €119,024 | +€124,120 | |
| Financial charges | 65/66B | €166 | €149 | -€17 | -10.3% |
| Recurring financial charges | 65 | €166 | €149 | -€17 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,261 | €118,875 | +€124,137 | |
| Income taxes | 67/77 | €209 | €26,600 | +€26,391 | +12,640% |
| Profit (loss) for the period | 9904 | -€5,470 | €92,275 | +€97,745 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,470 | €92,275 | +€97,745 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.