LE NEUTRE: 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.
LE NEUTRE
Largest movements
- Receivables within one year -€10,513
down €10,513 (-11.2%), from €93,579 to €83,066
of which Other amounts receivable: -€11,571
- Tangible fixed assets +€1,449
up €1,449 (+5.7%), from €25,434 to €26,882
of which Other tangible fixed assets: +€1,713
- Trade debts -€51,016
down €51,016 (-73.2%), from €69,706 to €18,690
- Tax, wage and social debts +€34,293
up €34,293 (+62.0%), from €55,331 to €89,625
of which Remuneration and social security: +€35,610
- Profit (loss) carried forward +€6,673
up €6,673 (+24.1%), from -€27,683 to -€21,010
- Staff costs +€64,022
up €64,022 (+121%), from €52,703 to €116,725
- Gross operating margin +€51,822
up €51,822 (+63.6%), from €81,535 to €133,358
- Other operating charges -€14,229
down €14,229 (-99.5%), from €14,295 to €66
- Financial charges +€3,420
up €3,420 (+117%), from €2,914 to €6,334
- Depreciation +€2,291
up €2,291 (+41.6%), from €5,505 to €7,795
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 | €126,041 | €116,992 | -€9,049 | -7.2% |
| Fixed assets | 21/28 | €27,934 | €29,382 | +€1,449 | +5.2% |
| Tangible fixed assets | 22/27 | €25,434 | €26,882 | +€1,449 | +5.7% |
| Plant, machinery and equipment | 23 | €264 | €0 | -€264 | -100% |
| Other tangible fixed assets | 26 | €25,169 | €26,882 | +€1,713 | +6.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €98,107 | €87,609 | -€10,498 | -10.7% |
| Stocks and contracts in progress | 3 | €3,154 | €2,475 | -€679 | -21.5% |
| Stocks | 30/36 | €3,154 | €2,475 | -€679 | -21.5% |
| Amounts receivable within one year | 40/41 | €93,579 | €83,066 | -€10,513 | -11.2% |
| Trade receivables | 40 | €69 | €1,127 | +€1,058 | +1,533% |
| Other amounts receivable | 41 | €93,510 | €81,939 | -€11,571 | -12.4% |
| Cash at bank and in hand | 54/58 | €1,373 | €2,068 | +€695 | +50.6% |
| Total equity and liabilities | 10/49 | €126,041 | €116,992 | -€9,049 | -7.2% |
| Equity | 10/15 | -€9,083 | -€2,410 | +€6,673 | +73.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,683 | -€21,010 | +€6,673 | +24.1% |
| Amounts payable | 17/49 | €135,124 | €119,402 | -€15,722 | -11.6% |
| Amounts payable within one year | 42/48 | €135,124 | €118,240 | -€16,884 | -12.5% |
| Financial debts | 43 | €10,087 | €9,926 | -€161 | -1.6% |
| Credit institutions | 430/8 | €10,087 | €9,926 | -€161 | -1.6% |
| Trade debts | 44 | €69,706 | €18,690 | -€51,016 | -73.2% |
| Suppliers | 440/4 | €69,706 | €18,690 | -€51,016 | -73.2% |
| Taxes, remuneration and social security | 45 | €55,331 | €89,625 | +€34,293 | +62.0% |
| Taxes | 450/3 | €21,982 | €20,666 | -€1,317 | -6.0% |
| Remuneration and social security | 454/9 | €33,349 | €68,959 | +€35,610 | +107% |
| Accrued charges and deferred income | 492/3 | - | €1,161 | +€1,161 | |
| Remuneration, social security and pensions | 62 | €52,703 | €116,725 | +€64,022 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,505 | €7,795 | +€2,291 | +41.6% |
| Other operating charges | 640/8 | €14,295 | €66 | -€14,229 | -99.5% |
| Gross operating margin | 9900 | €81,535 | €133,358 | +€51,822 | +63.6% |
| Operating profit (loss) | 9901 | €9,033 | €8,772 | -€261 | -2.9% |
| Financial income | 75/76B | €4,820 | €4,236 | -€584 | -12.1% |
| Recurring financial income | 75 | €4,820 | €4,236 | -€584 | -12.1% |
| Financial charges | 65/66B | €2,914 | €6,334 | +€3,420 | +117% |
| Recurring financial charges | 65 | €2,914 | €6,334 | +€3,420 | +117% |
| Profit (loss) for the period before taxes | 9903 | €10,939 | €6,673 | -€4,265 | -39.0% |
| Profit (loss) for the period | 9904 | €10,939 | €6,673 | -€4,265 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,939 | €6,673 | -€4,265 | -39.0% |
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 26 October 2026 via checked.be.