Exploitations du Neblon: 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.
Exploitations du Neblon
Largest movements
- Cash +€31,573
up €31,573 (+76.8%), from €41,094 to €72,667
mainly Depreciation (+€16,905) and Net result for the year (+€14,921)
- Tangible fixed assets -€16,905
down €16,905 (-4.4%), from €383,352 to €366,447
of which Land and buildings: -€14,485
- Profit (loss) carried forward +€14,175
up €14,175 (+110%), from €12,921 to €27,096
- Gross operating margin +€4,276
up €4,276 (+11.5%), from €37,200 to €41,476
- Other operating charges +€1,028
up €1,028 (+30.2%), from €3,403 to €4,431
- Taxes +€947
up €947 (+22.5%), from €4,205 to €5,152
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 | €428,237 | €443,073 | +€14,836 | +3.5% |
| Formation expenses | 20 | €2,333 | €2,333 | = | 0.0% |
| Fixed assets | 21/28 | €383,352 | €366,447 | -€16,905 | -4.4% |
| Tangible fixed assets | 22/27 | €383,352 | €366,447 | -€16,905 | -4.4% |
| Land and buildings | 22 | €364,708 | €350,223 | -€14,485 | -4.0% |
| Furniture and vehicles | 24 | €18,644 | €16,224 | -€2,420 | -13.0% |
| Current assets | 29/58 | €42,552 | €74,293 | +€31,741 | +74.6% |
| Amounts receivable within one year | 40/41 | €795 | €943 | +€148 | +18.6% |
| Other amounts receivable | 41 | €795 | €943 | +€148 | +18.6% |
| Cash at bank and in hand | 54/58 | €41,094 | €72,667 | +€31,573 | +76.8% |
| Deferred charges and accrued income | 490/1 | €663 | €683 | +€20 | +3.0% |
| Total equity and liabilities | 10/49 | €428,237 | €443,073 | +€14,836 | +3.5% |
| Equity | 10/15 | €120,162 | €135,083 | +€14,921 | +12.4% |
| Contributions | 10/11 | €106,594 | €106,594 | = | 0.0% |
| Capital | 10 | €106,594 | €106,594 | = | 0.0% |
| Issued capital | 100 | €106,594 | €106,594 | = | 0.0% |
| Reserves | 13 | €647 | €1,393 | +€746 | +115% |
| Non-distributable reserves | 130/1 | €647 | €1,393 | +€746 | +115% |
| Legal reserve | 130 | €647 | €1,393 | +€746 | +115% |
| Profit (loss) carried forward | 14 | €12,921 | €27,096 | +€14,175 | +110% |
| Amounts payable | 17/49 | €308,075 | €307,990 | -€85 | 0.0% |
| Amounts payable within one year | 42/48 | €308,075 | €307,990 | -€85 | 0.0% |
| Other amounts payable | 47/48 | €308,075 | €307,990 | -€85 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,905 | €16,905 | = | 0.0% |
| Other operating charges | 640/8 | €3,403 | €4,431 | +€1,028 | +30.2% |
| Gross operating margin | 9900 | €37,200 | €41,476 | +€4,276 | +11.5% |
| Operating profit (loss) | 9901 | €16,892 | €20,140 | +€3,248 | +19.2% |
| Financial charges | 65/66B | €72 | €67 | -€5 | -6.9% |
| Recurring financial charges | 65 | €72 | €67 | -€5 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €16,820 | €20,073 | +€3,253 | +19.3% |
| Income taxes | 67/77 | €4,205 | €5,152 | +€947 | +22.5% |
| Profit (loss) for the period | 9904 | €12,615 | €14,921 | +€2,306 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,615 | €14,921 | +€2,306 | +18.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.