neal technics: 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.
neal technics
Largest movements
- Receivables within one year +€29,089
up €29,089 (+15.6%), from €186,541 to €215,630
of which Other amounts receivable: +€24,841
- Tangible fixed assets +€14,436
up €14,436 (+165%), from €8,723 to €23,159
of which Furniture and vehicles: +€9,839
- Cash +€9,192
up €9,192 (+139%), from €6,631 to €15,823
mainly Net result for the year (+€38,629) and Tax, wage and social debts (+€21,095)
- Profit (loss) carried forward +€38,629
new in 2024: €38,629
- Tax, wage and social debts +€21,095
up €21,095 (+40.6%), from €51,952 to €73,048
of which Remuneration and social security: +€22,744
- Trade debts -€8,331
down €8,331 (-32.5%), from €25,647 to €17,315
- Staff costs +€70,712
up €70,712 (+42.3%), from €167,146 to €237,858
- Gross operating margin +€63,786
up €63,786 (+28.1%), from €226,781 to €290,567
- Taxes -€5,472
down €5,472 (-30.6%), from €17,893 to €12,422
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,814 | €265,207 | +€51,393 | +24.0% |
| Fixed assets | 21/28 | €13,658 | €28,094 | +€14,436 | +106% |
| Tangible fixed assets | 22/27 | €8,723 | €23,159 | +€14,436 | +165% |
| Land and buildings | 22 | €2,237 | €5,163 | +€2,925 | +131% |
| Plant, machinery and equipment | 23 | €1,185 | €2,856 | +€1,672 | +141% |
| Furniture and vehicles | 24 | €5,301 | €15,140 | +€9,839 | +186% |
| Financial fixed assets | 28 | €4,935 | €4,935 | = | 0.0% |
| Current assets | 29/58 | €200,155 | €237,112 | +€36,957 | +18.5% |
| Stocks and contracts in progress | 3 | €3,541 | €4,103 | +€562 | +15.9% |
| Stocks | 30/36 | €3,541 | €4,103 | +€562 | +15.9% |
| Amounts receivable within one year | 40/41 | €186,541 | €215,630 | +€29,089 | +15.6% |
| Trade receivables | 40 | €96,105 | €100,354 | +€4,248 | +4.4% |
| Other amounts receivable | 41 | €90,435 | €115,276 | +€24,841 | +27.5% |
| Cash at bank and in hand | 54/58 | €6,631 | €15,823 | +€9,192 | +139% |
| Deferred charges and accrued income | 490/1 | €3,443 | €1,557 | -€1,887 | -54.8% |
| Total equity and liabilities | 10/49 | €213,814 | €265,207 | +€51,393 | +24.0% |
| Equity | 10/15 | €136,215 | €174,843 | +€38,629 | +28.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €130,015 | €130,015 | = | 0.0% |
| Distributable reserves | 133 | €130,015 | €130,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €38,629 | +€38,629 | |
| Amounts payable | 17/49 | €77,599 | €90,363 | +€12,764 | +16.4% |
| Amounts payable within one year | 42/48 | €77,599 | €90,363 | +€12,764 | +16.4% |
| Trade debts | 44 | €25,647 | €17,315 | -€8,331 | -32.5% |
| Suppliers | 440/4 | €25,647 | €17,315 | -€8,331 | -32.5% |
| Taxes, remuneration and social security | 45 | €51,952 | €73,048 | +€21,095 | +40.6% |
| Taxes | 450/3 | €37,624 | €35,975 | -€1,649 | -4.4% |
| Remuneration and social security | 454/9 | €14,329 | €37,073 | +€22,744 | +159% |
| Non-recurring operating income | 76A | €23,857 | €598 | -€23,259 | -97.5% |
| Remuneration, social security and pensions | 62 | €167,146 | €237,858 | +€70,712 | +42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,278 | €4,052 | +€1,774 | +77.9% |
| Other operating charges | 640/8 | €875 | €1,028 | +€153 | +17.5% |
| Non-recurring operating charges | 66A | - | €713 | +€713 | |
| Gross operating margin | 9900 | €226,781 | €290,567 | +€63,786 | +28.1% |
| Operating profit (loss) | 9901 | €56,482 | €46,916 | -€9,566 | -16.9% |
| Financial income | 75/76B | €3,366 | €5,835 | +€2,469 | +73.4% |
| Recurring financial income | 75 | €3,366 | €5,835 | +€2,469 | +73.4% |
| Financial charges | 65/66B | €1,839 | €1,701 | -€138 | -7.5% |
| Recurring financial charges | 65 | €1,839 | €1,701 | -€138 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €58,009 | €51,051 | -€6,958 | -12.0% |
| Income taxes | 67/77 | €17,893 | €12,422 | -€5,472 | -30.6% |
| Profit (loss) for the period | 9904 | €40,115 | €38,629 | -€1,486 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,115 | €38,629 | -€1,486 | -3.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.