NEIBO: 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.
NEIBO
Largest movements
- Receivables within one year +€23,982
up €23,982 (+171.3%), from €14,000 to €37,982
of which Trade receivables: +€21,669
- Intangible fixed assets -€12,746
down €12,746 (-40.2%), from €31,715 to €18,968
- Cash -€3,720
down €3,720 (-26.2%), from €14,216 to €10,496
mainly Net result for the year (-€37,126) and Receivables within one year (-€23,982)
- Contributions +€38,878
up €38,878 (+5.1%), from €767,002 to €805,880
- Profit (loss) carried forward -€35,374
down €35,374 (-2.7%), from -€1.3m to -€1.3m
- Debts after one year -€18,612
down €18,612 (-6.1%), from €304,507 to €285,895
- Trade debts +€18,222
up €18,222 (+6.2%), from €292,830 to €311,052
- Tax, wage and social debts +€2,988
up €2,988 (+12.6%), from €23,625 to €26,613
of which Taxes: +€4,882
- Gross operating margin +€103,551
up €103,551, from -€8,684 to €94,867
- Staff costs +€16,045
up €16,045 (+19.5%), from €82,267 to €98,312
- Financial charges +€1,849
up €1,849 (+10.8%), from €17,169 to €19,018
- Depreciation +€1,768
up €1,768 (+13.7%), from €12,878 to €14,646
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 | €89,535 | €96,762 | +€7,227 | +8.1% |
| Fixed assets | 21/28 | €61,319 | €48,266 | -€13,053 | -21.3% |
| Intangible fixed assets | 21 | €31,715 | €18,968 | -€12,746 | -40.2% |
| Tangible fixed assets | 22/27 | €404 | €98 | -€307 | -75.9% |
| Furniture and vehicles | 24 | €404 | €98 | -€307 | -75.9% |
| Financial fixed assets | 28 | €29,200 | €29,200 | = | 0.0% |
| Current assets | 29/58 | €28,216 | €48,496 | +€20,280 | +71.9% |
| Amounts receivable within one year | 40/41 | €14,000 | €37,982 | +€23,982 | +171.3% |
| Trade receivables | 40 | €13,939 | €35,608 | +€21,669 | +155.5% |
| Other amounts receivable | 41 | €61 | €2,374 | +€2,313 | +3797.5% |
| Cash at bank and in hand | 54/58 | €14,216 | €10,496 | -€3,720 | -26.2% |
| Deferred charges and accrued income | 490/1 | - | €17 | +€17 | |
| Total equity and liabilities | 10/49 | €89,535 | €96,762 | +€7,227 | +8.1% |
| Equity | 10/15 | -€546,824 | -€543,320 | +€3,504 | +0.6% |
| Contributions | 10/11 | €767,002 | €805,880 | +€38,878 | +5.1% |
| Profit (loss) carried forward | 14 | -€1,313,826 | -€1,349,200 | -€35,374 | -2.7% |
| Amounts payable | 17/49 | €636,359 | €640,081 | +€3,723 | +0.6% |
| Amounts payable after more than one year | 17 | €304,507 | €285,895 | -€18,612 | -6.1% |
| Financial debts | 170/4 | €304,507 | €285,895 | -€18,612 | -6.1% |
| Amounts payable within one year | 42/48 | €316,455 | €337,863 | +€21,408 | +6.8% |
| Trade debts | 44 | €292,830 | €311,052 | +€18,222 | +6.2% |
| Suppliers | 440/4 | €292,830 | €311,052 | +€18,222 | +6.2% |
| Taxes, remuneration and social security | 45 | €23,625 | €26,613 | +€2,988 | +12.6% |
| Taxes | 450/3 | €8,352 | €13,234 | +€4,882 | +58.5% |
| Remuneration and social security | 454/9 | €15,273 | €13,379 | -€1,894 | -12.4% |
| Other amounts payable | 47/48 | - | €198 | +€198 | |
| Accrued charges and deferred income | 492/3 | €15,396 | €16,323 | +€927 | +6.0% |
| Non-recurring operating income | 76A | €5,402 | €1,721 | -€3,681 | -68.1% |
| Remuneration, social security and pensions | 62 | €82,267 | €98,312 | +€16,045 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,878 | €14,646 | +€1,768 | +13.7% |
| Other operating charges | 640/8 | - | €17 | +€17 | |
| Gross operating margin | 9900 | -€8,684 | €94,867 | +€103,551 | |
| Operating profit (loss) | 9901 | -€103,828 | -€18,108 | +€85,720 | +82.6% |
| Financial charges | 65/66B | €17,169 | €19,018 | +€1,849 | +10.8% |
| Recurring financial charges | 65 | €17,169 | €19,018 | +€1,849 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€120,997 | -€37,126 | +€83,871 | +69.3% |
| Profit (loss) for the period | 9904 | -€120,997 | -€37,126 | +€83,871 | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,997 | -€37,126 | +€83,871 | +69.3% |
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 8 October 2026 via checked.be.