NEEVER: 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.
NEEVER
Largest movements
- Tangible fixed assets -€11,063
down €11,063 (-8.5%), from €130,794 to €119,731
of which Land and buildings: -€9,268
- Intangible fixed assets -€7,256
down €7,256 (-23.4%), from €30,955 to €23,698
- Stocks and contracts +€5,771
up €5,771 (+6.8%), from €84,497 to €90,268
- Cash +€3,054
up €3,054 (+32.3%), from €9,452 to €12,507
mainly Depreciation (+€18,319) and Net result for the year (+€4,991)
- Debts after one year -€12,256
down €12,256 (-7.8%), from €156,492 to €144,236
- Current portion of long-term debt -€7,826
down €7,826 (-40.6%), from €19,283 to €11,456
- Reserves +€4,991
up €4,991 (+19.1%), from €26,177 to €31,167
- Tax, wage and social debts +€3,387
up €3,387 (+34.1%), from €9,919 to €13,306
of which Taxes: +€3,387
- Staff costs -€6,525
down €6,525 (-100.0%), from €6,525 to €0
- Financial charges +€3,105
up €3,105 (+65.0%), from €4,776 to €7,881
- Gross operating margin -€2,559
down €2,559 (-7.2%), from €35,375 to €32,816
- Other operating charges +€369
up €369 (+35.7%), from €1,034 to €1,403
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 | €261,242 | €251,550 | -€9,692 | -3.7% |
| Fixed assets | 21/28 | €161,748 | €143,429 | -€18,319 | -11.3% |
| Intangible fixed assets | 21 | €30,955 | €23,698 | -€7,256 | -23.4% |
| Tangible fixed assets | 22/27 | €130,794 | €119,731 | -€11,063 | -8.5% |
| Land and buildings | 22 | €127,630 | €118,361 | -€9,268 | -7.3% |
| Plant, machinery and equipment | 23 | €2,337 | €1,370 | -€967 | -41.4% |
| Furniture and vehicles | 24 | €827 | €0 | -€827 | -100.0% |
| Current assets | 29/58 | €99,493 | €108,120 | +€8,627 | +8.7% |
| Stocks and contracts in progress | 3 | €84,497 | €90,268 | +€5,771 | +6.8% |
| Stocks | 30/36 | €84,497 | €90,268 | +€5,771 | +6.8% |
| Amounts receivable within one year | 40/41 | €1,183 | €1,719 | +€536 | +45.3% |
| Trade receivables | 40 | €1,183 | €1,719 | +€536 | +45.3% |
| Cash at bank and in hand | 54/58 | €9,452 | €12,507 | +€3,054 | +32.3% |
| Deferred charges and accrued income | 490/1 | €4,361 | €3,627 | -€734 | -16.8% |
| Total equity and liabilities | 10/49 | €261,242 | €251,550 | -€9,692 | -3.7% |
| Equity | 10/15 | €44,777 | €49,767 | +€4,991 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,177 | €31,167 | +€4,991 | +19.1% |
| Distributable reserves | 133 | €26,177 | €31,167 | +€4,991 | +19.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €216,465 | €201,783 | -€14,683 | -6.8% |
| Amounts payable after more than one year | 17 | €156,492 | €144,236 | -€12,256 | -7.8% |
| Financial debts | 170/4 | €156,492 | €144,236 | -€12,256 | -7.8% |
| Amounts payable within one year | 42/48 | €57,203 | €53,327 | -€3,876 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €19,283 | €11,456 | -€7,826 | -40.6% |
| Financial debts | 43 | €12,610 | €11,235 | -€1,376 | -10.9% |
| Credit institutions | 430/8 | €12,610 | €11,235 | -€1,376 | -10.9% |
| Trade debts | 44 | €10,409 | €9,909 | -€500 | -4.8% |
| Suppliers | 440/4 | €10,409 | €9,909 | -€500 | -4.8% |
| Taxes, remuneration and social security | 45 | €9,919 | €13,306 | +€3,387 | +34.1% |
| Taxes | 450/3 | €8,669 | €12,056 | +€3,387 | +39.1% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €4,983 | €7,422 | +€2,438 | +48.9% |
| Accrued charges and deferred income | 492/3 | €2,770 | €4,220 | +€1,450 | +52.4% |
| Remuneration, social security and pensions | 62 | €6,525 | €0 | -€6,525 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,372 | €18,319 | -€52 | -0.3% |
| Other operating charges | 640/8 | €1,034 | €1,403 | +€369 | +35.7% |
| Gross operating margin | 9900 | €35,375 | €32,816 | -€2,559 | -7.2% |
| Operating profit (loss) | 9901 | €9,445 | €13,094 | +€3,649 | +38.6% |
| Financial income | 75/76B | €184 | €525 | +€341 | +184.7% |
| Recurring financial income | 75 | €184 | €525 | +€341 | +184.7% |
| Financial charges | 65/66B | €4,776 | €7,881 | +€3,105 | +65.0% |
| Recurring financial charges | 65 | €4,776 | €7,881 | +€3,105 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €4,854 | €5,738 | +€884 | +18.2% |
| Income taxes | 67/77 | €565 | €747 | +€182 | +32.1% |
| Profit (loss) for the period | 9904 | €4,288 | €4,991 | +€703 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,288 | €4,991 | +€703 | +16.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.