NEERHOF: 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.
NEERHOF
Largest movements
- Tangible fixed assets -€12,313
down €12,313 (-26.7%), from €46,099 to €33,786
- Receivables within one year -€4,314
down €4,314 (-34.3%), from €12,594 to €8,279
of which Trade receivables: -€3,011
- Stocks and contracts +€2,360
up €2,360 (+157.3%), from €1,500 to €3,860
- Cash -€1,645
down €1,645 (-60.9%), from €2,700 to €1,055
mainly Net result for the year (-€12,171) and Other debts (-€5,500)
- Profit (loss) carried forward -€12,171
down €12,171 (-134.6%), from -€9,042 to -€21,213
- Other debts -€5,500
down €5,500 (-44.0%), from €12,500 to €7,000
- Trade debts +€1,779
up €1,779 (+186.9%), from €952 to €2,731
- Gross operating margin -€6,779
down €6,779 (-81.1%), from €8,360 to €1,582
- Depreciation -€1,631
down €1,631 (-12.6%), from €12,936 to €11,305
- Other operating charges +€230
up €230 (+39.8%), from €577 to €807
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 | €70,698 | €54,814 | -€15,884 | -22.5% |
| Fixed assets | 21/28 | €46,099 | €33,786 | -€12,313 | -26.7% |
| Tangible fixed assets | 22/27 | €46,099 | €33,786 | -€12,313 | -26.7% |
| Land and buildings | 22 | €30,768 | €26,206 | -€4,562 | -14.8% |
| Plant, machinery and equipment | 23 | €6,108 | €3,392 | -€2,717 | -44.5% |
| Furniture and vehicles | 24 | €9,222 | €4,188 | -€5,034 | -54.6% |
| Current assets | 29/58 | €24,599 | €21,028 | -€3,571 | -14.5% |
| Stocks and contracts in progress | 3 | €1,500 | €3,860 | +€2,360 | +157.3% |
| Stocks | 30/36 | €1,500 | €3,860 | +€2,360 | +157.3% |
| Amounts receivable within one year | 40/41 | €12,594 | €8,279 | -€4,314 | -34.3% |
| Trade receivables | 40 | €9,476 | €6,465 | -€3,011 | -31.8% |
| Other amounts receivable | 41 | €3,117 | €1,814 | -€1,303 | -41.8% |
| Cash at bank and in hand | 54/58 | €2,700 | €1,055 | -€1,645 | -60.9% |
| Deferred charges and accrued income | 490/1 | €7,805 | €7,833 | +€28 | +0.4% |
| Total equity and liabilities | 10/49 | €70,698 | €54,814 | -€15,884 | -22.5% |
| Equity | 10/15 | €56,837 | €44,666 | -€12,171 | -21.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €41,090 | €41,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €38,611 | €38,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,042 | -€21,213 | -€12,171 | -134.6% |
| Amounts payable | 17/49 | €13,861 | €10,147 | -€3,713 | -26.8% |
| Amounts payable within one year | 42/48 | €13,501 | €9,780 | -€3,721 | -27.6% |
| Trade debts | 44 | €952 | €2,731 | +€1,779 | +186.9% |
| Suppliers | 440/4 | €952 | €2,731 | +€1,779 | +186.9% |
| Taxes, remuneration and social security | 45 | €49 | €49 | -€1 | -1.1% |
| Taxes | 450/3 | €49 | €49 | -€1 | -1.1% |
| Other amounts payable | 47/48 | €12,500 | €7,000 | -€5,500 | -44.0% |
| Accrued charges and deferred income | 492/3 | €359 | €367 | +€8 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,936 | €11,305 | -€1,631 | -12.6% |
| Other operating charges | 640/8 | €577 | €807 | +€230 | +39.8% |
| Non-recurring operating charges | 66A | - | €1,008 | +€1,008 | |
| Gross operating margin | 9900 | €8,360 | €1,582 | -€6,779 | -81.1% |
| Operating profit (loss) | 9901 | -€5,153 | -€11,538 | -€6,386 | -123.9% |
| Financial income | 75/76B | €0 | €1 | +€1 | +385.7% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +385.7% |
| Financial charges | 65/66B | €181 | €235 | +€54 | +29.8% |
| Recurring financial charges | 65 | €181 | €235 | +€54 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,333 | -€11,772 | -€6,439 | -120.7% |
| Income taxes | 67/77 | €382 | €399 | +€17 | +4.4% |
| Profit (loss) for the period | 9904 | -€5,715 | -€12,171 | -€6,456 | -113.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,715 | -€12,171 | -€6,456 | -113.0% |
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 11 October 2026 via checked.be.