NEERHOVEN: 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.
NEERHOVEN
Largest movements
- Tangible fixed assets -€75,205
down €75,205 (-11.7%), from €641,327 to €566,121
of which Land and buildings: -€60,525
- Cash +€62,953
up €62,953 (+70.3%), from €89,567 to €152,520
mainly Debts after one year (+€487,743) and Depreciation (+€89,029)
- Receivables within one year +€15,904
up €15,904 (+15.6%), from €102,191 to €118,095
of which Other amounts receivable: +€10,638
- Other debts -€506,390
down €506,390 (-100.0%), from €506,530 to €141
- Debts after one year +€487,743
up €487,743 (+457%), from €106,714 to €594,457
of which Other amounts payable: +€506,450
- Trade debts +€30,593
up €30,593 (+25.8%), from €118,388 to €148,981
- Tax, wage and social debts -€11,211
down €11,211 (-99.9%), from €11,217 to €6
- Gross operating margin +€34,704
up €34,704 (+57.6%), from €60,285 to €94,989
- Financial income -€2,900
down €2,900 (-95.5%), from €3,037 to €138
of which Non-recurring financial income: -€2,835
- Depreciation +€1,337
up €1,337 (+1.5%), from €87,692 to €89,029
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 | €858,074 | €862,067 | +€3,993 | +0.5% |
| Fixed assets | 21/28 | €641,327 | €566,121 | -€75,205 | -11.7% |
| Tangible fixed assets | 22/27 | €641,327 | €566,121 | -€75,205 | -11.7% |
| Land and buildings | 22 | €548,505 | €487,979 | -€60,525 | -11.0% |
| Plant, machinery and equipment | 23 | €464 | - | -€464 | |
| Other tangible fixed assets | 26 | €92,358 | €78,142 | -€14,216 | -15.4% |
| Current assets | 29/58 | €216,748 | €295,946 | +€79,198 | +36.5% |
| Stocks and contracts in progress | 3 | €24,005 | €23,830 | -€175 | -0.7% |
| Stocks | 30/36 | €24,005 | €23,830 | -€175 | -0.7% |
| Amounts receivable within one year | 40/41 | €102,191 | €118,095 | +€15,904 | +15.6% |
| Trade receivables | 40 | €90,746 | €96,012 | +€5,266 | +5.8% |
| Other amounts receivable | 41 | €11,445 | €22,083 | +€10,638 | +93.0% |
| Cash at bank and in hand | 54/58 | €89,567 | €152,520 | +€62,953 | +70.3% |
| Deferred charges and accrued income | 490/1 | €985 | €1,501 | +€517 | +52.5% |
| Total equity and liabilities | 10/49 | €858,074 | €862,067 | +€3,993 | +0.5% |
| Equity | 10/15 | €91,767 | €90,943 | -€824 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,629 | €104,629 | = | 0.0% |
| Distributable reserves | 133 | €104,629 | €104,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,462 | -€32,286 | -€824 | -2.6% |
| Amounts payable | 17/49 | €766,307 | €771,124 | +€4,817 | +0.6% |
| Amounts payable after more than one year | 17 | €106,714 | €594,457 | +€487,743 | +457% |
| Financial debts | 170/4 | €55,777 | €35,542 | -€20,235 | -36.3% |
| Trade debts | 175 | €50,938 | €52,466 | +€1,528 | +3.0% |
| Other amounts payable | 178/9 | - | €506,450 | +€506,450 | |
| Amounts payable within one year | 42/48 | €656,091 | €173,166 | -€482,926 | -73.6% |
| Current portion of amounts payable after more than one year | 42 | €19,456 | €20,235 | +€779 | +4.0% |
| Trade debts | 44 | €118,388 | €148,981 | +€30,593 | +25.8% |
| Suppliers | 440/4 | €118,388 | €148,981 | +€30,593 | +25.8% |
| Advances received on contracts in progress | 46 | €500 | €3,803 | +€3,303 | +661% |
| Taxes, remuneration and social security | 45 | €11,217 | €6 | -€11,211 | -99.9% |
| Taxes | 450/3 | €11,217 | €6 | -€11,211 | -99.9% |
| Other amounts payable | 47/48 | €506,530 | €141 | -€506,390 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,501 | €3,501 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,692 | €89,029 | +€1,337 | +1.5% |
| Other operating charges | 640/8 | €2,464 | €2,539 | +€75 | +3.0% |
| Gross operating margin | 9900 | €60,285 | €94,989 | +€34,704 | +57.6% |
| Operating profit (loss) | 9901 | -€29,871 | €3,421 | +€33,292 | |
| Financial income | 75/76B | €3,037 | €138 | -€2,900 | -95.5% |
| Recurring financial income | 75 | €202 | €138 | -€65 | -31.9% |
| Non-recurring financial income | 76B | €2,835 | - | -€2,835 | |
| Financial charges | 65/66B | €4,627 | €4,383 | -€245 | -5.3% |
| Recurring financial charges | 65 | €4,627 | €4,383 | -€245 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€31,462 | -€824 | +€30,637 | +97.4% |
| Profit (loss) for the period | 9904 | -€31,462 | -€824 | +€30,637 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,462 | -€824 | +€30,637 | +97.4% |
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 16 October 2026 via checked.be.