NECO TRANS: 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.
NECO TRANS
Largest movements
- Receivables within one year -€5,525
down €5,525 (-9.7%), from €56,922 to €51,397
of which Trade receivables: -€14,313
- Debts after one year -€15,000
no longer reported in 2024 (was €15,000)
- Reserves +€8,679
up €8,679 (+34.5%), from €25,141 to €33,820
- Tax, wage and social debts +€5,544
up €5,544 (+24.6%), from €22,572 to €28,116
of which Remuneration and social security: +€6,693
- Trade debts -€4,316
down €4,316 (-30.3%), from €14,241 to €9,925
- Gross operating margin +€29,963
up €29,963 (+46.2%), from €64,845 to €94,808
- Staff costs +€18,266
up €18,266 (+36.6%), from €49,915 to €68,181
- Other operating charges +€7,661
up €7,661 (+178%), from €4,300 to €11,961
- Depreciation +€1,018
up €1,018 (+28.3%), from €3,599 to €4,617
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 | €79,955 | €74,862 | -€5,093 | -6.4% |
| Fixed assets | 21/28 | €23,016 | €23,452 | +€436 | +1.9% |
| Tangible fixed assets | 22/27 | €9,016 | €9,452 | +€436 | +4.8% |
| Furniture and vehicles | 24 | €9,016 | €9,452 | +€436 | +4.8% |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €56,938 | €51,410 | -€5,528 | -9.7% |
| Amounts receivable within one year | 40/41 | €56,922 | €51,397 | -€5,525 | -9.7% |
| Trade receivables | 40 | €26,839 | €12,526 | -€14,313 | -53.3% |
| Other amounts receivable | 41 | €30,083 | €38,871 | +€8,788 | +29.2% |
| Cash at bank and in hand | 54/58 | €17 | €13 | -€4 | -22.5% |
| Total equity and liabilities | 10/49 | €79,955 | €74,862 | -€5,093 | -6.4% |
| Equity | 10/15 | €28,141 | €36,820 | +€8,679 | +30.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,141 | €33,820 | +€8,679 | +34.5% |
| Distributable reserves | 133 | €25,141 | €33,820 | +€8,679 | +34.5% |
| Amounts payable | 17/49 | €51,814 | €38,042 | -€13,772 | -26.6% |
| Amounts payable after more than one year | 17 | €15,000 | - | -€15,000 | |
| Other amounts payable | 178/9 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €36,814 | €38,042 | +€1,228 | +3.3% |
| Trade debts | 44 | €14,241 | €9,925 | -€4,316 | -30.3% |
| Suppliers | 440/4 | €14,241 | €9,925 | -€4,316 | -30.3% |
| Taxes, remuneration and social security | 45 | €22,572 | €28,116 | +€5,544 | +24.6% |
| Taxes | 450/3 | €8,211 | €7,062 | -€1,149 | -14.0% |
| Remuneration and social security | 454/9 | €14,361 | €21,054 | +€6,693 | +46.6% |
| Non-recurring operating income | 76A | €651 | - | -€651 | |
| Remuneration, social security and pensions | 62 | €49,915 | €68,181 | +€18,266 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,599 | €4,617 | +€1,018 | +28.3% |
| Other operating charges | 640/8 | €4,300 | €11,961 | +€7,661 | +178% |
| Gross operating margin | 9900 | €64,845 | €94,808 | +€29,963 | +46.2% |
| Operating profit (loss) | 9901 | €7,032 | €10,050 | +€3,018 | +42.9% |
| Financial income | 75/76B | €1,340 | €1,359 | +€19 | +1.4% |
| Recurring financial income | 75 | €1,340 | €1,359 | +€19 | +1.4% |
| Financial charges | 65/66B | €39 | €8 | -€31 | -79.1% |
| Recurring financial charges | 65 | €39 | €8 | -€31 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | €8,333 | €11,400 | +€3,067 | +36.8% |
| Income taxes | 67/77 | €3,362 | €2,721 | -€641 | -19.1% |
| Profit (loss) for the period | 9904 | €4,971 | €8,679 | +€3,708 | +74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,971 | €8,679 | +€3,708 | +74.6% |
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 24 October 2026 via checked.be.