NEDDINE SOLUTIONS: 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.
NEDDINE SOLUTIONS
Largest movements
- Receivables within one year -€153,902
down €153,902 (-46.2%), from €332,859 to €178,957
of which Other amounts receivable: -€106,479
- Cash +€11,647
up €11,647 (+89.7%), from €12,988 to €24,635
mainly Receivables within one year (+€153,902)
- Profit (loss) carried forward -€130,864
down €130,864, from €46,275 to -€84,589
- Reserves +€46,275
up €46,275 (+21.3%), from €217,577 to €263,852
of which Distributable reserves: +€46,275
- Trade debts -€44,453
down €44,453 (-88.9%), from €50,029 to €5,576
- Tax, wage and social debts -€5,258
down €5,258 (-34.7%), from €15,168 to €9,911
of which Remuneration and social security: -€9,915
- Current portion of long-term debt -€4,710
no longer reported in 2025 (was €4,710)
- Gross operating margin -€208,796
down €208,796, from €134,893 to -€73,903
- Staff costs -€207,390
no longer reported in 2025 (was €207,390)
- Financial income -€160,266
down €160,266 (-97.9%), from €163,787 to €3,521
- Taxes +€8,403
up €8,403 (+7,577%), from €111 to €8,514
- Financial charges -€3,878
down €3,878 (-41.2%), from €9,423 to €5,544
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 | €352,350 | €213,342 | -€139,009 | -39.5% |
| Fixed assets | 21/28 | €6,503 | €9,750 | +€3,246 | +49.9% |
| Tangible fixed assets | 22/27 | €6,503 | €9,750 | +€3,246 | +49.9% |
| Furniture and vehicles | 24 | €6,503 | €9,750 | +€3,246 | +49.9% |
| Current assets | 29/58 | €345,847 | €203,592 | -€142,255 | -41.1% |
| Amounts receivable within one year | 40/41 | €332,859 | €178,957 | -€153,902 | -46.2% |
| Trade receivables | 40 | €109,642 | €62,219 | -€47,423 | -43.3% |
| Other amounts receivable | 41 | €223,217 | €116,738 | -€106,479 | -47.7% |
| Cash at bank and in hand | 54/58 | €12,988 | €24,635 | +€11,647 | +89.7% |
| Total equity and liabilities | 10/49 | €352,350 | €213,342 | -€139,009 | -39.5% |
| Equity | 10/15 | €282,444 | €197,855 | -€84,589 | -29.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €217,577 | €263,852 | +€46,275 | +21.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €215,717 | €261,993 | +€46,275 | +21.5% |
| Profit (loss) carried forward | 14 | €46,275 | -€84,589 | -€130,864 | |
| Amounts payable | 17/49 | €69,907 | €15,487 | -€54,420 | -77.8% |
| Amounts payable within one year | 42/48 | €69,907 | €15,487 | -€54,420 | -77.8% |
| Current portion of amounts payable after more than one year | 42 | €4,710 | - | -€4,710 | |
| Trade debts | 44 | €50,029 | €5,576 | -€44,453 | -88.9% |
| Suppliers | 440/4 | €50,029 | €5,576 | -€44,453 | -88.9% |
| Taxes, remuneration and social security | 45 | €15,168 | €9,911 | -€5,258 | -34.7% |
| Taxes | 450/3 | €5,254 | €9,911 | +€4,657 | +88.6% |
| Remuneration and social security | 454/9 | €9,915 | - | -€9,915 | |
| Remuneration, social security and pensions | 62 | €207,390 | - | -€207,390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,333 | - | -€2,333 | |
| Other operating charges | 640/8 | €1,659 | €149 | -€1,510 | -91.0% |
| Gross operating margin | 9900 | €134,893 | -€73,903 | -€208,796 | |
| Operating profit (loss) | 9901 | -€76,489 | -€74,052 | +€2,437 | +3.2% |
| Financial income | 75/76B | €163,787 | €3,521 | -€160,266 | -97.9% |
| Recurring financial income | 75 | €163,787 | €3,521 | -€160,266 | -97.9% |
| Financial charges | 65/66B | €9,423 | €5,544 | -€3,878 | -41.2% |
| Recurring financial charges | 65 | €9,423 | €5,544 | -€3,878 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €77,876 | -€76,075 | -€153,951 | |
| Income taxes | 67/77 | €111 | €8,514 | +€8,403 | +7,577% |
| Profit (loss) for the period | 9904 | €77,765 | -€84,589 | -€162,354 | |
| Profit (loss) for the period to be appropriated | 9905 | €77,765 | -€84,589 | -€162,354 |
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 19 October 2026 via checked.be.