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
- Cash +€87,216
up €87,216 (+99.8%), from €87,372 to €174,589
mainly Receivables within one year (+€42,196) and Net result for the year (+€37,380)
- Receivables within one year -€42,196
down €42,196 (-72.2%), from €58,440 to €16,244
of which Other amounts receivable: -€25,711
- Tangible fixed assets -€12,090
down €12,090 (-25.5%), from €47,451 to €35,361
of which Leasing and similar rights: -€9,362
- Reserves +€37,380
up €37,380 (+25.5%), from €146,743 to €184,123
- Debts after one year -€12,106
down €12,106 (-62.5%), from €19,383 to €7,277
- Other debts +€5,433
new in 2025: €5,433
- Tax, wage and social debts +€5,120
up €5,120 (+81.9%), from €6,251 to €11,371
- Trade debts -€5,038
down €5,038 (-69.2%), from €7,286 to €2,248
- Gross operating margin +€22,480
up €22,480 (+52.6%), from €42,733 to €65,212
- Taxes +€5,187
up €5,187 (+54.0%), from €9,612 to €14,799
- Financial income +€980
up €980 (+622%), from €158 to €1,138
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 | €193,364 | €226,258 | +€32,894 | +17.0% |
| Fixed assets | 21/28 | €47,451 | €35,361 | -€12,090 | -25.5% |
| Tangible fixed assets | 22/27 | €47,451 | €35,361 | -€12,090 | -25.5% |
| Land and buildings | 22 | €8,668 | €7,772 | -€896 | -10.3% |
| Plant, machinery and equipment | 23 | €757 | €485 | -€273 | -36.0% |
| Furniture and vehicles | 24 | €4,479 | €2,919 | -€1,559 | -34.8% |
| Leasing and similar rights | 25 | €33,547 | €24,185 | -€9,362 | -27.9% |
| Current assets | 29/58 | €145,914 | €190,897 | +€44,983 | +30.8% |
| Amounts receivable within one year | 40/41 | €58,440 | €16,244 | -€42,196 | -72.2% |
| Trade receivables | 40 | €32,729 | €16,244 | -€16,485 | -50.4% |
| Other amounts receivable | 41 | €25,711 | €0 | -€25,711 | -100% |
| Cash at bank and in hand | 54/58 | €87,372 | €174,589 | +€87,216 | +99.8% |
| Deferred charges and accrued income | 490/1 | €101 | €64 | -€37 | -36.5% |
| Total equity and liabilities | 10/49 | €193,364 | €226,258 | +€32,894 | +17.0% |
| Equity | 10/15 | €149,743 | €187,123 | +€37,380 | +25.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €146,743 | €184,123 | +€37,380 | +25.5% |
| Distributable reserves | 133 | €146,743 | €184,123 | +€37,380 | +25.5% |
| Amounts payable | 17/49 | €43,621 | €39,135 | -€4,486 | -10.3% |
| Amounts payable after more than one year | 17 | €19,383 | €7,277 | -€12,106 | -62.5% |
| Financial debts | 170/4 | €19,383 | €7,277 | -€12,106 | -62.5% |
| Amounts payable within one year | 42/48 | €24,238 | €30,167 | +€5,929 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €10,701 | €11,115 | +€414 | +3.9% |
| Trade debts | 44 | €7,286 | €2,248 | -€5,038 | -69.2% |
| Suppliers | 440/4 | €7,286 | €2,248 | -€5,038 | -69.2% |
| Taxes, remuneration and social security | 45 | €6,251 | €11,371 | +€5,120 | +81.9% |
| Taxes | 450/3 | €6,251 | €11,371 | +€5,120 | +81.9% |
| Other amounts payable | 47/48 | - | €5,433 | +€5,433 | |
| Accrued charges and deferred income | 492/3 | - | €1,691 | +€1,691 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,090 | €12,090 | = | 0.0% |
| Other operating charges | 640/8 | €758 | €999 | +€240 | +31.7% |
| Gross operating margin | 9900 | €42,733 | €65,212 | +€22,480 | +52.6% |
| Operating profit (loss) | 9901 | €29,885 | €52,124 | +€22,239 | +74.4% |
| Financial income | 75/76B | €158 | €1,138 | +€980 | +622% |
| Recurring financial income | 75 | €158 | €1,138 | +€980 | +622% |
| Financial charges | 65/66B | €1,532 | €1,083 | -€449 | -29.3% |
| Recurring financial charges | 65 | €1,532 | €1,083 | -€449 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €28,510 | €52,179 | +€23,669 | +83.0% |
| Income taxes | 67/77 | €9,612 | €14,799 | +€5,187 | +54.0% |
| Profit (loss) for the period | 9904 | €18,898 | €37,380 | +€18,482 | +97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,898 | €37,380 | +€18,482 | +97.8% |
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 13 October 2026 via checked.be.