NEETOCOOL: 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.
NEETOCOOL
Largest movements
- Current investments +€74,819
up €74,819 (+243%), from €30,779 to €105,598
- Cash -€46,046
down €46,046 (-29.8%), from €154,314 to €108,269
mainly Current investments (-€74,819) and Contributions, distributions and other (-€24,169)
- Receivables within one year +€11,741
up €11,741 (+34.2%), from €34,376 to €46,117
of which Trade receivables: +€11,741
- Tangible fixed assets -€6,490
down €6,490 (-21.7%), from €29,915 to €23,425
- Reserves +€47,104
up €47,104 (+28.9%), from €163,040 to €210,144
of which Distributable reserves: +€47,104
- Debts after one year -€8,742
down €8,742 (-44.6%), from €19,593 to €10,851
- Tax, wage and social debts -€7,542
down €7,542 (-36.1%), from €20,898 to €13,357
- Other debts +€3,769
up €3,769 (+17.8%), from €21,187 to €24,956
- Gross operating margin +€22,156
up €22,156 (+22.7%), from €97,513 to €119,670
- Staff costs +€6,772
up €6,772 (+151%), from €4,475 to €11,246
- Taxes +€3,131
up €3,131 (+12.9%), from €24,259 to €27,390
- Depreciation +€1,499
up €1,499 (+23.1%), from €6,490 to €7,989
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 | €249,385 | €283,409 | +€34,024 | +13.6% |
| Fixed assets | 21/28 | €29,915 | €23,425 | -€6,490 | -21.7% |
| Tangible fixed assets | 22/27 | €29,915 | €23,425 | -€6,490 | -21.7% |
| Furniture and vehicles | 24 | €29,915 | €23,425 | -€6,490 | -21.7% |
| Current assets | 29/58 | €219,470 | €259,984 | +€40,514 | +18.5% |
| Amounts receivable within one year | 40/41 | €34,376 | €46,117 | +€11,741 | +34.2% |
| Trade receivables | 40 | €29,149 | €40,889 | +€11,741 | +40.3% |
| Other amounts receivable | 41 | €5,227 | €5,227 | = | 0.0% |
| Current investments | 50/53 | €30,779 | €105,598 | +€74,819 | +243% |
| Cash at bank and in hand | 54/58 | €154,314 | €108,269 | -€46,046 | -29.8% |
| Total equity and liabilities | 10/49 | €249,385 | €283,409 | +€34,024 | +13.6% |
| Equity | 10/15 | €169,240 | €216,344 | +€47,104 | +27.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €163,040 | €210,144 | +€47,104 | +28.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €161,180 | €208,284 | +€47,104 | +29.2% |
| Amounts payable | 17/49 | €80,145 | €67,065 | -€13,080 | -16.3% |
| Amounts payable after more than one year | 17 | €19,593 | €10,851 | -€8,742 | -44.6% |
| Financial debts | 170/4 | €19,593 | €10,851 | -€8,742 | -44.6% |
| Amounts payable within one year | 42/48 | €60,552 | €56,214 | -€4,338 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €8,469 | €8,742 | +€273 | +3.2% |
| Trade debts | 44 | €9,971 | €9,132 | -€839 | -8.4% |
| Suppliers | 440/4 | €9,971 | €9,132 | -€839 | -8.4% |
| Advances received on contracts in progress | 46 | €27 | €27 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €20,898 | €13,357 | -€7,542 | -36.1% |
| Taxes | 450/3 | €20,898 | €13,357 | -€7,542 | -36.1% |
| Other amounts payable | 47/48 | €21,187 | €24,956 | +€3,769 | +17.8% |
| Non-recurring operating income | 76A | €144 | - | -€144 | |
| Remuneration, social security and pensions | 62 | €4,475 | €11,246 | +€6,772 | +151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,490 | €7,989 | +€1,499 | +23.1% |
| Other operating charges | 640/8 | €1,440 | €869 | -€571 | -39.7% |
| Gross operating margin | 9900 | €97,513 | €119,670 | +€22,156 | +22.7% |
| Operating profit (loss) | 9901 | €85,108 | €99,565 | +€14,457 | +17.0% |
| Financial income | 75/76B | €1,006 | €169 | -€836 | -83.2% |
| Recurring financial income | 75 | €1,006 | €169 | -€836 | -83.2% |
| Financial charges | 65/66B | €1,323 | €1,072 | -€252 | -19.0% |
| Recurring financial charges | 65 | €1,323 | €1,072 | -€252 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €84,791 | €98,663 | +€13,873 | +16.4% |
| Income taxes | 67/77 | €24,259 | €27,390 | +€3,131 | +12.9% |
| Profit (loss) for the period | 9904 | €60,532 | €71,273 | +€10,742 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,532 | €71,273 | +€10,742 | +17.7% |
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 18 October 2026 via checked.be.