NEA CONSTRUCT: 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.
NEA CONSTRUCT
Largest movements
- Cash +€11,530
up €11,530 (+68.9%), from €16,730 to €28,260
mainly Tax, wage and social debts (+€29,545) and Net result for the year (+€4,321)
- Tangible fixed assets -€4,303
down €4,303 (-3.7%), from €117,590 to €113,287
of which Land and buildings: -€3,686
- Receivables within one year -€2,143
down €2,143 (-7.9%), from €27,019 to €24,875
of which Trade receivables: -€6,361
- Debts after one year -€30,178
down €30,178 (-32.6%), from €92,430 to €62,252
of which Other amounts payable: -€18,000
- Tax, wage and social debts +€29,545
up €29,545 (+460%), from €6,419 to €35,964
of which Remuneration and social security: +€29,552
- Profit (loss) carried forward +€4,321
up €4,321 (+48.8%), from €8,854 to €13,176
- Trade debts +€2,479
up €2,479 (+24.8%), from €9,977 to €12,456
- Gross operating margin +€11,395
up €11,395 (+23.6%), from €48,232 to €59,627
- Taxes +€3,004
new in 2025: €3,004
- Financial charges +€2,797
up €2,797 (+88.4%), from €3,165 to €5,963
- Staff costs +€2,292
up €2,292 (+6.4%), from €36,077 to €38,369
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 | €164,996 | €170,166 | +€5,170 | +3.1% |
| Fixed assets | 21/28 | €117,770 | €113,467 | -€4,303 | -3.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €117,590 | €113,287 | -€4,303 | -3.7% |
| Land and buildings | 22 | €116,218 | €112,532 | -€3,686 | -3.2% |
| Furniture and vehicles | 24 | €1,372 | €755 | -€617 | -44.9% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €47,226 | €56,699 | +€9,473 | +20.1% |
| Stocks and contracts in progress | 3 | €1,922 | €2,573 | +€651 | +33.9% |
| Stocks | 30/36 | €1,922 | €2,573 | +€651 | +33.9% |
| Amounts receivable within one year | 40/41 | €27,019 | €24,875 | -€2,143 | -7.9% |
| Trade receivables | 40 | €25,766 | €19,406 | -€6,361 | -24.7% |
| Other amounts receivable | 41 | €1,252 | €5,470 | +€4,217 | +337% |
| Cash at bank and in hand | 54/58 | €16,730 | €28,260 | +€11,530 | +68.9% |
| Deferred charges and accrued income | 490/1 | €1,555 | €990 | -€565 | -36.3% |
| Total equity and liabilities | 10/49 | €164,996 | €170,166 | +€5,170 | +3.1% |
| Equity | 10/15 | €44,597 | €48,486 | +€3,889 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,893 | €5,893 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,033 | €4,033 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,854 | €13,176 | +€4,321 | +48.8% |
| Investment grants | 15 | €11,250 | €10,817 | -€433 | -3.8% |
| Provisions and deferred taxes | 16 | €3,375 | €3,245 | -€130 | -3.8% |
| Deferred taxes | 168 | €3,375 | €3,245 | -€130 | -3.8% |
| Amounts payable | 17/49 | €117,024 | €118,435 | +€1,411 | +1.2% |
| Amounts payable after more than one year | 17 | €92,430 | €62,252 | -€30,178 | -32.6% |
| Financial debts | 170/4 | €67,598 | €55,420 | -€12,178 | -18.0% |
| Other amounts payable | 178/9 | €24,832 | €6,832 | -€18,000 | -72.5% |
| Amounts payable within one year | 42/48 | €24,594 | €56,183 | +€31,589 | +128% |
| Current portion of amounts payable after more than one year | 42 | €8,198 | €7,764 | -€435 | -5.3% |
| Trade debts | 44 | €9,977 | €12,456 | +€2,479 | +24.8% |
| Suppliers | 440/4 | €9,977 | €12,456 | +€2,479 | +24.8% |
| Taxes, remuneration and social security | 45 | €6,419 | €35,964 | +€29,545 | +460% |
| Taxes | 450/3 | €7 | - | -€7 | |
| Remuneration and social security | 454/9 | €6,412 | €35,964 | +€29,552 | +461% |
| Remuneration, social security and pensions | 62 | €36,077 | €38,369 | +€2,292 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,557 | €4,303 | -€254 | -5.6% |
| Other operating charges | 640/8 | €4,055 | €4,276 | +€221 | +5.4% |
| Gross operating margin | 9900 | €48,232 | €59,627 | +€11,395 | +23.6% |
| Operating profit (loss) | 9901 | €3,543 | €12,679 | +€9,136 | +258% |
| Financial income | 75/76B | €475 | €479 | +€4 | +0.9% |
| Recurring financial income | 75 | €475 | €479 | +€4 | +0.9% |
| Financial charges | 65/66B | €3,165 | €5,963 | +€2,797 | +88.4% |
| Recurring financial charges | 65 | €3,165 | €5,963 | +€2,797 | +88.4% |
| Profit (loss) for the period before taxes | 9903 | €853 | €7,196 | +€6,343 | +744% |
| Transfer from deferred taxes | 780 | - | €130 | +€130 | |
| Income taxes | 67/77 | - | €3,004 | +€3,004 | |
| Profit (loss) for the period | 9904 | €853 | €4,321 | +€3,469 | +407% |
| Profit (loss) for the period to be appropriated | 9905 | €853 | €4,321 | +€3,469 | +407% |
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 15 October 2026 via checked.be.