NEEFS BUSINESS PROJECTS: what changed
What changed
NEEFS BUSINESS PROJECTS
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
€164,897
2023 · €186,805-€21,908
Equity
€1.5m
2023 · €1.4m+€164,897
Cash
€2,607
2023 · €30,310-€27,703
Balance sheet total
€2.2m
2023 · €2.2m+€21,305
Largest movements
Assets
- Receivables within one year +€55,467
up €55,467 (+3.3%), from €1.7m to €1.7m
of which Other amounts receivable: +€151,267
- Cash -€27,703
down €27,703 (-91.4%), from €30,310 to €2,607
mainly Other debts (-€115,000) and Receivables within one year (-€55,467)
Equity and liabilities
- Profit (loss) carried forward +€164,897
up €164,897 (+12.2%), from €1.3m to €1.5m
- Other debts -€115,000
down €115,000 (-56.2%), from €204,794 to €89,794
- Tax, wage and social debts +€35,363
up €35,363 (+26.8%), from €131,819 to €167,182
- Debts after one year -€34,750
down €34,750 (-16.4%), from €211,624 to €176,873
Income statement
- Gross operating margin -€49,250
down €49,250 (-24.1%), from €203,997 to €154,748
- Other operating charges -€20,421
down €20,421 (-86.9%), from €23,487 to €3,066
- Financial income +€18,015
up €18,015 (+23.5%), from €76,650 to €94,665
- Taxes +€12,521
up €12,521 (+24.1%), from €52,011 to €64,532
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€186,805
Gross operating margin
-€49,250
Other operating charges
+€20,421
Financial income
+€18,015
Financial charges
+€1,426
Taxes
-€12,521
Result 2024
€164,897
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€16,000
Investment
€0
Financing
-€43,702
Cash 2023
€30,310
From operations (derived)
+€16,000
Net result for the year
+€164,897
Depreciation
+€8,220
Receivables within one year
-€55,467
Deferred charges and accrued income
-€1,761
Trade debts
-€19,747
Tax, wage and social debts
+€35,363
Other debts
-€115,000
Accrued charges and deferred income
-€505
Financing
-€43,702
Debts after one year
-€34,750
Current portion of long-term debt
+€657
Short-term financial debts
-€9,609
Cash 2024
€2,607
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,174,173 | €2,195,478 | +€21,305 | +1.0% |
| Fixed assets | 21/28 | €449,071 | €440,850 | -€8,220 | -1.8% |
| Tangible fixed assets | 22/27 | €445,411 | €437,191 | -€8,220 | -1.8% |
| Land and buildings | 22 | €445,411 | €437,191 | -€8,220 | -1.8% |
| Financial fixed assets | 28 | €3,660 | €3,660 | = | 0.0% |
| Current assets | 29/58 | €1,725,102 | €1,754,628 | +€29,525 | +1.7% |
| Amounts receivable within one year | 40/41 | €1,694,160 | €1,749,628 | +€55,467 | +3.3% |
| Trade receivables | 40 | €120,000 | €24,200 | -€95,800 | -79.8% |
| Other amounts receivable | 41 | €1,574,160 | €1,725,428 | +€151,267 | +9.6% |
| Cash at bank and in hand | 54/58 | €30,310 | €2,607 | -€27,703 | -91.4% |
| Deferred charges and accrued income | 490/1 | €632 | €2,393 | +€1,761 | +278% |
| Total equity and liabilities | 10/49 | €2,174,173 | €2,195,478 | +€21,305 | +1.0% |
| Equity | 10/15 | €1,364,832 | €1,529,729 | +€164,897 | +12.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €3,696 | €3,696 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,696 | €1,696 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,348,736 | €1,513,633 | +€164,897 | +12.2% |
| Amounts payable | 17/49 | €809,341 | €665,749 | -€143,592 | -17.7% |
| Amounts payable after more than one year | 17 | €211,624 | €176,873 | -€34,750 | -16.4% |
| Financial debts | 170/4 | €211,624 | €176,873 | -€34,750 | -16.4% |
| Amounts payable within one year | 42/48 | €456,296 | €347,960 | -€108,336 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €36,961 | €37,619 | +€657 | +1.8% |
| Financial debts | 43 | €16,275 | €6,666 | -€9,609 | -59.0% |
| Credit institutions | 430/8 | €16,275 | €6,666 | -€9,609 | -59.0% |
| Trade debts | 44 | €66,447 | €46,700 | -€19,747 | -29.7% |
| Suppliers | 440/4 | €66,447 | €46,700 | -€19,747 | -29.7% |
| Taxes, remuneration and social security | 45 | €131,819 | €167,182 | +€35,363 | +26.8% |
| Taxes | 450/3 | €131,819 | €167,182 | +€35,363 | +26.8% |
| Other amounts payable | 47/48 | €204,794 | €89,794 | -€115,000 | -56.2% |
| Accrued charges and deferred income | 492/3 | €141,421 | €140,916 | -€505 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,220 | €8,220 | = | 0.0% |
| Other operating charges | 640/8 | €23,487 | €3,066 | -€20,421 | -86.9% |
| Gross operating margin | 9900 | €203,997 | €154,748 | -€49,250 | -24.1% |
| Operating profit (loss) | 9901 | €172,290 | €143,462 | -€28,829 | -16.7% |
| Financial income | 75/76B | €76,650 | €94,665 | +€18,015 | +23.5% |
| Recurring financial income | 75 | €76,650 | €94,665 | +€18,015 | +23.5% |
| Financial charges | 65/66B | €10,124 | €8,698 | -€1,426 | -14.1% |
| Recurring financial charges | 65 | €10,124 | €8,698 | -€1,426 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €238,816 | €229,429 | -€9,387 | -3.9% |
| Income taxes | 67/77 | €52,011 | €64,532 | +€12,521 | +24.1% |
| Profit (loss) for the period | 9904 | €186,805 | €164,897 | -€21,908 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €186,805 | €164,897 | -€21,908 | -11.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.