NEEK: 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.
NEEK
Largest movements
- Receivables within one year -€75,953
down €75,953 (-74.2%), from €102,421 to €26,468
- Cash +€17,169
up €17,169 (+878%), from €1,955 to €19,123
mainly Other debts (+€170,642) and Receivables within one year (+€75,953)
- Stocks and contracts +€4,251
up €4,251 (+7.0%), from €60,451 to €64,701
- Tangible fixed assets -€1,844
down €1,844 (-24.4%), from €7,557 to €5,713
- Trade debts -€221,812
down €221,812 (-97.0%), from €228,714 to €6,901
- Other debts +€170,642
new in 2024: €170,642
- Profit (loss) carried forward -€25,256
down €25,256 (-47.5%), from -€53,151 to -€78,407
- Tax, wage and social debts +€20,049
new in 2024: €20,049
of which Remuneration and social security: +€18,500
- Gross operating margin +€62,472
up €62,472, from -€53,936 to €8,536
- Staff costs +€29,517
new in 2024: €29,517
- Financial charges +€2,040
up €2,040 (+521%), from €391 to €2,431
- Depreciation +€881
up €881 (+91.5%), from €963 to €1,844
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 | €175,563 | €119,185 | -€56,378 | -32.1% |
| Fixed assets | 21/28 | €10,737 | €8,893 | -€1,844 | -17.2% |
| Tangible fixed assets | 22/27 | €7,557 | €5,713 | -€1,844 | -24.4% |
| Plant, machinery and equipment | 23 | €7,557 | €5,713 | -€1,844 | -24.4% |
| Financial fixed assets | 28 | €3,180 | €3,180 | = | 0.0% |
| Current assets | 29/58 | €164,826 | €110,292 | -€54,534 | -33.1% |
| Stocks and contracts in progress | 3 | €60,451 | €64,701 | +€4,251 | +7.0% |
| Stocks | 30/36 | €60,451 | €64,701 | +€4,251 | +7.0% |
| Amounts receivable within one year | 40/41 | €102,421 | €26,468 | -€75,953 | -74.2% |
| Other amounts receivable | 41 | €102,421 | €26,468 | -€75,953 | -74.2% |
| Cash at bank and in hand | 54/58 | €1,955 | €19,123 | +€17,169 | +878% |
| Total equity and liabilities | 10/49 | €175,563 | €119,185 | -€56,378 | -32.1% |
| Equity | 10/15 | -€53,151 | -€78,407 | -€25,256 | -47.5% |
| Profit (loss) carried forward | 14 | -€53,151 | -€78,407 | -€25,256 | -47.5% |
| Amounts payable | 17/49 | €228,714 | €197,592 | -€31,122 | -13.6% |
| Amounts payable within one year | 42/48 | €228,714 | €197,592 | -€31,122 | -13.6% |
| Trade debts | 44 | €228,714 | €6,901 | -€221,812 | -97.0% |
| Suppliers | 440/4 | €228,714 | €6,901 | -€221,812 | -97.0% |
| Taxes, remuneration and social security | 45 | - | €20,049 | +€20,049 | |
| Taxes | 450/3 | - | €1,549 | +€1,549 | |
| Remuneration and social security | 454/9 | - | €18,500 | +€18,500 | |
| Other amounts payable | 47/48 | - | €170,642 | +€170,642 | |
| Remuneration, social security and pensions | 62 | - | €29,517 | +€29,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €963 | €1,844 | +€881 | +91.5% |
| Other operating charges | 640/8 | €120 | - | -€120 | |
| Gross operating margin | 9900 | -€53,936 | €8,536 | +€62,472 | |
| Operating profit (loss) | 9901 | -€55,019 | -€22,825 | +€32,194 | +58.5% |
| Financial charges | 65/66B | €391 | €2,431 | +€2,040 | +521% |
| Recurring financial charges | 65 | €391 | €2,431 | +€2,040 | +521% |
| Profit (loss) for the period before taxes | 9903 | -€55,411 | -€25,256 | +€30,154 | +54.4% |
| Profit (loss) for the period | 9904 | -€55,411 | -€25,256 | +€30,154 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,411 | -€25,256 | +€30,154 | +54.4% |
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 13 October 2026 via checked.be.