NEAM: what changed
Two fiscal 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.
NEAM
Largest movements
- Receivables within one year -€22,477
down €22,477 (-99.5%), from €22,583 to €106
- Cash -€11,347
down €11,347 (-95.2%), from €11,923 to €576
mainly Tax, wage and social debts (-€19,394) and Net result for the year (-€9,727)
- Tangible fixed assets -€3,044
down €3,044 (-31.8%), from €9,559 to €6,515
- Tax, wage and social debts -€19,394
down €19,394 (-99.3%), from €19,535 to €141
- Profit (loss) carried forward -€9,727
new in 2025: -€9,727
- Other debts -€7,968
down €7,968 (-41.9%), from €18,996 to €11,027
- Gross operating margin -€38,375
down €38,375, from €32,150 to -€6,225
- Taxes -€6,864
down €6,864 (-98.0%), from €7,005 to €141
- Depreciation +€568
up €568 (+22.9%), from €2,476 to €3,044
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.
Cash bridge derived
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 | €44,530 | €7,491 | -€37,040 | -83.2% |
| Fixed assets | 21/28 | €9,559 | €6,515 | -€3,044 | -31.8% |
| Tangible fixed assets | 22/27 | €9,559 | €6,515 | -€3,044 | -31.8% |
| Furniture and vehicles | 24 | €9,559 | €6,515 | -€3,044 | -31.8% |
| Current assets | 29/58 | €34,971 | €975 | -€33,995 | -97.2% |
| Amounts receivable within one year | 40/41 | €22,583 | €106 | -€22,477 | -99.5% |
| Other amounts receivable | 41 | €22,583 | €106 | -€22,477 | -99.5% |
| Cash at bank and in hand | 54/58 | €11,923 | €576 | -€11,347 | -95.2% |
| Deferred charges and accrued income | 490/1 | €465 | €293 | -€172 | -36.9% |
| Total equity and liabilities | 10/49 | €44,530 | €7,491 | -€37,040 | -83.2% |
| Equity | 10/15 | €6,000 | -€3,727 | -€9,727 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,727 | -€9,727 | |
| Amounts payable | 17/49 | €38,530 | €11,218 | -€27,312 | -70.9% |
| Amounts payable within one year | 42/48 | €38,530 | €11,218 | -€27,312 | -70.9% |
| Trade debts | 44 | - | €49 | +€49 | |
| Suppliers | 440/4 | - | €49 | +€49 | |
| Taxes, remuneration and social security | 45 | €19,535 | €141 | -€19,394 | -99.3% |
| Taxes | 450/3 | €19,535 | €141 | -€19,394 | -99.3% |
| Other amounts payable | 47/48 | €18,996 | €11,027 | -€7,968 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,476 | €3,044 | +€568 | +22.9% |
| Other operating charges | 640/8 | €225 | €235 | +€10 | +4.5% |
| Gross operating margin | 9900 | €32,150 | -€6,225 | -€38,375 | |
| Operating profit (loss) | 9901 | €29,449 | -€9,504 | -€38,952 | |
| Financial charges | 65/66B | €97 | €83 | -€14 | -14.5% |
| Recurring financial charges | 65 | €97 | €83 | -€14 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €29,352 | -€9,586 | -€38,939 | |
| Income taxes | 67/77 | €7,005 | €141 | -€6,864 | -98.0% |
| Profit (loss) for the period | 9904 | €22,348 | -€9,727 | -€32,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,348 | -€9,727 | -€32,075 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.