NEEGRO: 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.
NEEGRO
Largest movements
- Cash -€606,801
down €606,801 (-47.9%), from €1.3m to €659,884
mainly Current investments (-€601,790) and Receivables within one year (-€464,511)
- Current investments +€601,790
up €601,790 (+72.1%), from €834,417 to €1.4m
- Receivables within one year +€464,511
up €464,511 (+31.3%), from €1.5m to €2.0m
of which Trade receivables: +€314,991
- Tangible fixed assets -€148,993
down €148,993 (-5.6%), from €2.7m to €2.5m
of which Plant, machinery and equipment: -€74,542
- Stocks and contracts +€74,540
up €74,540 (+68.3%), from €109,101 to €183,641
- Reserves +€508,667
up €508,667 (+16.7%), from €3.0m to €3.6m
of which Distributable reserves: +€298,167
- Trade debts +€302,156
up €302,156 (+34.2%), from €882,370 to €1.2m
- Debts after one year -€300,962
down €300,962 (-19.2%), from €1.6m to €1.3m
of which Financial debts: -€300,962
- Gross operating margin -€207,225
down €207,225 (-15.8%), from €1.3m to €1.1m
- Taxes -€56,011
down €56,011 (-24.1%), from €232,327 to €176,316
- Depreciation +€35,004
up €35,004 (+9.5%), from €368,815 to €403,819
- Financial income +€22,124
up €22,124 (+54.6%), from €40,547 to €62,671
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 | €6,396,647 | €6,781,927 | +€385,281 | +6.0% |
| Fixed assets | 21/28 | €2,673,347 | €2,524,353 | -€148,993 | -5.6% |
| Tangible fixed assets | 22/27 | €2,669,107 | €2,520,113 | -€148,993 | -5.6% |
| Land and buildings | 22 | €613,314 | €551,255 | -€62,059 | -10.1% |
| Plant, machinery and equipment | 23 | €2,007,005 | €1,932,463 | -€74,542 | -3.7% |
| Furniture and vehicles | 24 | €48,787 | €36,395 | -€12,392 | -25.4% |
| Financial fixed assets | 28 | €4,240 | €4,240 | = | 0.0% |
| Current assets | 29/58 | €3,723,300 | €4,257,574 | +€534,274 | +14.3% |
| Stocks and contracts in progress | 3 | €109,101 | €183,641 | +€74,540 | +68.3% |
| Stocks | 30/36 | €109,101 | €183,641 | +€74,540 | +68.3% |
| Amounts receivable within one year | 40/41 | €1,485,910 | €1,950,421 | +€464,511 | +31.3% |
| Trade receivables | 40 | €589,575 | €904,565 | +€314,991 | +53.4% |
| Other amounts receivable | 41 | €896,336 | €1,045,856 | +€149,520 | +16.7% |
| Current investments | 50/53 | €834,417 | €1,436,207 | +€601,790 | +72.1% |
| Cash at bank and in hand | 54/58 | €1,266,685 | €659,884 | -€606,801 | -47.9% |
| Deferred charges and accrued income | 490/1 | €27,186 | €27,420 | +€234 | +0.9% |
| Total equity and liabilities | 10/49 | €6,396,647 | €6,781,927 | +€385,281 | +6.0% |
| Equity | 10/15 | €3,236,790 | €3,718,459 | +€481,669 | +14.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,047,943 | €3,556,609 | +€508,667 | +16.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €290,490 | €500,990 | +€210,500 | +72.5% |
| Distributable reserves | 133 | €2,755,593 | €3,053,760 | +€298,167 | +10.8% |
| Investment grants | 15 | €170,255 | €143,257 | -€26,998 | -15.9% |
| Provisions and deferred taxes | 16 | €9,670 | €8,249 | -€1,421 | -14.7% |
| Deferred taxes | 168 | €9,670 | €8,249 | -€1,421 | -14.7% |
| Amounts payable | 17/49 | €3,150,187 | €3,055,219 | -€94,967 | -3.0% |
| Amounts payable after more than one year | 17 | €1,569,529 | €1,268,567 | -€300,962 | -19.2% |
| Financial debts | 170/4 | €1,469,529 | €1,168,567 | -€300,962 | -20.5% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,565,793 | €1,755,145 | +€189,352 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €380,762 | €374,390 | -€6,372 | -1.7% |
| Trade debts | 44 | €882,370 | €1,184,526 | +€302,156 | +34.2% |
| Suppliers | 440/4 | €882,370 | €1,184,526 | +€302,156 | +34.2% |
| Taxes, remuneration and social security | 45 | €148,231 | €81,136 | -€67,096 | -45.3% |
| Taxes | 450/3 | €145,231 | €78,136 | -€67,096 | -46.2% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €154,429 | €115,093 | -€39,336 | -25.5% |
| Accrued charges and deferred income | 492/3 | €14,865 | €31,507 | +€16,642 | +112.0% |
| Non-recurring operating income | 76A | €4,639 | €204,081 | +€199,441 | +4299.0% |
| Remuneration, social security and pensions | 62 | €203 | €99 | -€103 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368,815 | €403,819 | +€35,004 | +9.5% |
| Other operating charges | 640/8 | €22,043 | €22,389 | +€347 | +1.6% |
| Non-recurring operating charges | 66A | €80,673 | - | -€80,673 | |
| Gross operating margin | 9900 | €1,312,561 | €1,105,336 | -€207,225 | -15.8% |
| Operating profit (loss) | 9901 | €840,828 | €679,029 | -€161,799 | -19.2% |
| Financial income | 75/76B | €40,547 | €62,671 | +€22,124 | +54.6% |
| Recurring financial income | 75 | €40,547 | €62,671 | +€22,124 | +54.6% |
| Financial charges | 65/66B | €48,159 | €58,137 | +€9,978 | +20.7% |
| Recurring financial charges | 65 | €48,159 | €53,198 | +€5,039 | +10.5% |
| Non-recurring financial charges | 66B | - | €4,940 | +€4,940 | |
| Profit (loss) for the period before taxes | 9903 | €833,215 | €683,562 | -€149,654 | -18.0% |
| Transfer from deferred taxes | 780 | €1,904 | €1,421 | -€483 | -25.4% |
| Income taxes | 67/77 | €232,327 | €176,316 | -€56,011 | -24.1% |
| Profit (loss) for the period | 9904 | €602,793 | €508,667 | -€94,126 | -15.6% |
| Transfer to tax-exempt reserves | 689 | €168,400 | €210,500 | +€42,100 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €434,393 | €298,167 | -€136,226 | -31.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.