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NEESS: what changed

Two fiscal 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.

What changed

NEESS

BE 0799.749.558
NACE 16.281, Manufacture of other wood products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€110,997
2023 · -€13,541-€97,456
Equity
-€121,538
2023 · -€10,541-€110,997
Cash
€212
2023 · €130+€82
Balance sheet total
€167,497
2023 · €186,518-€19,021

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€12,336

    down €12,336 (-55.0%), from €22,447 to €10,111

    of which Trade receivables: -€16,093

  • Intangible fixed assets -€8,839

    down €8,839 (-5.7%), from €155,000 to €146,162

  • Tangible fixed assets +€2,071

    up €2,071 (+23.2%), from €8,941 to €11,012

    of which Furniture and vehicles: +€2,631

Equity and liabilities
  • Profit (loss) carried forward -€110,997

    down €110,997 (-819.7%), from -€13,541 to -€124,538

  • Other debts +€95,415

    up €95,415 (+55.0%), from €173,633 to €269,048

  • Tax, wage and social debts -€8,593

    down €8,593 (-98.8%), from €8,695 to €103

  • Trade debts +€5,153

    up €5,153 (+35.0%), from €14,731 to €19,884

Income statement
  • Gross operating margin -€82,882

    down €82,882 (-844.6%), from -€9,813 to -€92,695

  • Depreciation +€13,236

    up €13,236 (+1083.4%), from €1,222 to €14,458

  • Financial charges +€1,734

    up €1,734 (+1391.0%), from €125 to €1,858

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€13,541
Gross operating margin -€82,882
Depreciation -€13,236
Other operating charges +€499
Financial charges -€1,734
Taxes -€103
Result 2024 -€110,997

Cash bridge derived

cash 2023 to 2024

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.

From operations +€7,772
Investment -€7,690
Financing €0
Cash 2023 €130
Net result for the year -€110,997
Depreciation +€14,458
Receivables within one year +€12,336
Trade debts +€5,153
Tax, wage and social debts -€8,593
Other debts +€95,415
Investment in fixed assets (net) -€7,690
Cash 2024 €212
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €186,518 €167,497 -€19,021 -10.2%
Fixed assets 21/28 €163,941 €157,174 -€6,767 -4.1%
Intangible fixed assets 21 €155,000 €146,162 -€8,839 -5.7%
Tangible fixed assets 22/27 €8,941 €11,012 +€2,071 +23.2%
Plant, machinery and equipment 23 €2,490 €1,930 -€560 -22.5%
Furniture and vehicles 24 €6,451 €9,082 +€2,631 +40.8%
Current assets 29/58 €22,577 €10,323 -€12,254 -54.3%
Amounts receivable within one year 40/41 €22,447 €10,111 -€12,336 -55.0%
Trade receivables 40 €22,447 €6,353 -€16,093 -71.7%
Other amounts receivable 41 - €3,757 +€3,757
Cash at bank and in hand 54/58 €130 €212 +€82 +63.0%
Total equity and liabilities 10/49 €186,518 €167,497 -€19,021 -10.2%
Equity 10/15 -€10,541 -€121,538 -€110,997 -1053.0%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€13,541 -€124,538 -€110,997 -819.7%
Amounts payable 17/49 €197,059 €289,035 +€91,975 +46.7%
Amounts payable within one year 42/48 €197,059 €289,035 +€91,975 +46.7%
Trade debts 44 €14,731 €19,884 +€5,153 +35.0%
Suppliers 440/4 €14,731 €19,884 +€5,153 +35.0%
Taxes, remuneration and social security 45 €8,695 €103 -€8,593 -98.8%
Taxes 450/3 €8,695 €103 -€8,593 -98.8%
Other amounts payable 47/48 €173,633 €269,048 +€95,415 +55.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,222 €14,458 +€13,236 +1083.4%
Other operating charges 640/8 €2,381 €1,883 -€499 -20.9%
Gross operating margin 9900 -€9,813 -€92,695 -€82,882 -844.6%
Operating profit (loss) 9901 -€13,417 -€109,036 -€95,619 -712.7%
Financial charges 65/66B €125 €1,858 +€1,734 +1391.0%
Recurring financial charges 65 €125 €1,858 +€1,734 +1391.0%
Profit (loss) for the period before taxes 9903 -€13,541 -€110,894 -€97,353 -718.9%
Income taxes 67/77 - €103 +€103
Profit (loss) for the period 9904 -€13,541 -€110,997 -€97,456 -719.7%
Profit (loss) for the period to be appropriated 9905 -€13,541 -€110,997 -€97,456 -719.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.