NEG & Co: 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.
What changed
NEG & Co
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,185
2024 · €19,862+€1,323
Equity
€4,500
2024 · €50,769-€46,269
Cash
€26,880
2024 · €20,637+€6,243
Balance sheet total
€86,199
2024 · €109,669-€23,470
Largest movements
Assets
- Receivables within one year -€28,400
down €28,400 (-54.5%), from €52,079 to €23,679
of which Trade receivables: -€22,883
- Cash +€6,243
up €6,243 (+30.2%), from €20,637 to €26,880
mainly Other debts (+€40,967) and Receivables within one year (+€28,400)
- Tangible fixed assets -€1,182
down €1,182 (-3.2%), from €36,636 to €35,454
Equity and liabilities
- Reserves -€46,269
down €46,269 (-100%), from €46,269 to €0
of which Distributable reserves: -€46,269
- Other debts +€40,967
up €40,967 (+164,992%), from €25 to €40,992
- Tax, wage and social debts -€11,683
down €11,683 (-50.7%), from €23,051 to €11,368
- Current portion of long-term debt -€5,404
down €5,404 (-49.6%), from €10,886 to €5,482
Income statement
- Turnover +€151,800
new in 2025: €151,800
- Purchases and services +€119,886
new in 2025: €119,886
- Gross operating margin +€7,014
up €7,014 (+23.2%), from €30,228 to €37,242
- Depreciation +€3,600
up €3,600 (+358%), from €1,006 to €4,606
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.
Result 2024
€19,862
Gross operating margin
+€7,014
Depreciation
-€3,600
Other operating charges
-€78
Financial income
-€639
Financial charges
-€1,268
Taxes
-€245
Deferred taxes and other
+€139
Result 2025
€21,185
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€82,394
Investment
-€3,293
Financing
-€72,858
Cash 2024
€20,637
From operations (derived)
+€82,394
Net result for the year
+€21,185
Depreciation
+€4,606
Receivables within one year
+€28,400
Trade debts
-€1,082
Tax, wage and social debts
-€11,683
Other debts
+€40,967
Investment (derived)
-€3,293
Investment in fixed assets (net)
-€3,293
Financing
-€72,858
Current portion of long-term debt
-€5,404
Contributions, distributions and other
-€67,454
Cash 2025
€26,880
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,669 | €86,199 | -€23,470 | -21.4% |
| Formation expenses | 20 | €316 | €186 | -€131 | -41.3% |
| Fixed assets | 21/28 | €36,636 | €35,454 | -€1,182 | -3.2% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €36,636 | €35,454 | -€1,182 | -3.2% |
| Land and buildings | 22 | €34,988 | €34,449 | -€539 | -1.5% |
| Plant, machinery and equipment | 23 | €1,081 | €708 | -€373 | -34.5% |
| Furniture and vehicles | 24 | €568 | €298 | -€270 | -47.5% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €72,717 | €50,559 | -€22,157 | -30.5% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €52,079 | €23,679 | -€28,400 | -54.5% |
| Trade receivables | 40 | €34,223 | €11,340 | -€22,883 | -66.9% |
| Other amounts receivable | 41 | €17,856 | €12,339 | -€5,517 | -30.9% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €20,637 | €26,880 | +€6,243 | +30.2% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €109,669 | €86,199 | -€23,470 | -21.4% |
| Equity | 10/15 | €50,769 | €4,500 | -€46,269 | -91.1% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €46,269 | €0 | -€46,269 | -100% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | €46,269 | €0 | -€46,269 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €58,900 | €81,699 | +€22,799 | +38.7% |
| Amounts payable after more than one year | 17 | €21,638 | €21,638 | = | 0.0% |
| Financial debts | 170/4 | €21,638 | €0 | -€21,638 | -100% |
| Trade debts | 175 | - | €0 | = | |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €21,638 | +€21,638 | |
| Amounts payable within one year | 42/48 | €37,262 | €60,061 | +€22,799 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €10,886 | €5,482 | -€5,404 | -49.6% |
| Financial debts | 43 | - | €0 | = | |
| Trade debts | 44 | €3,300 | €2,219 | -€1,082 | -32.8% |
| Suppliers | 440/4 | €3,300 | €2,219 | -€1,082 | -32.8% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €23,051 | €11,368 | -€11,683 | -50.7% |
| Taxes | 450/3 | €23,051 | €11,368 | -€11,683 | -50.7% |
| Other amounts payable | 47/48 | €25 | €40,992 | +€40,967 | +164,992% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | - | €151,800 | +€151,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €119,886 | +€119,886 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,006 | €4,606 | +€3,600 | +358% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €768 | €846 | +€78 | +10.2% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €30,228 | €37,242 | +€7,014 | +23.2% |
| Operating profit (loss) | 9901 | €28,454 | €31,790 | +€3,336 | +11.7% |
| Financial income | 75/76B | €659 | €20 | -€639 | -97.0% |
| Recurring financial income | 75 | €659 | €20 | -€639 | -97.0% |
| Financial charges | 65/66B | €2,380 | €3,648 | +€1,268 | +53.3% |
| Recurring financial charges | 65 | €2,380 | €3,648 | +€1,268 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €26,733 | €28,162 | +€1,429 | +5.3% |
| Transfer to deferred taxes | 680 | €139 | - | -€139 | |
| Income taxes | 67/77 | €6,731 | €6,977 | +€245 | +3.6% |
| Profit (loss) for the period | 9904 | €19,862 | €21,185 | +€1,323 | +6.7% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €19,862 | €21,185 | +€1,323 | +6.7% |
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 13 October 2026 via checked.be.