NEIRINCKX & C°: 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.
NEIRINCKX & C°
Largest movements
- Tangible fixed assets -€27,494
down €27,494 (-12.5%), from €220,488 to €192,995
of which Land and buildings: -€14,401
- Cash +€18,878
up €18,878 (+22.7%), from €83,041 to €101,919
mainly Other debts (+€57,901) and Depreciation (+€27,494)
- Other debts +€57,901
up €57,901 (+460%), from €12,575 to €70,476
- Reserves -€50,000
down €50,000 (-7.6%), from €656,220 to €606,220
- Profit (loss) carried forward -€14,191
down €14,191 (-6.1%), from -€234,377 to -€248,568
- Gross operating margin +€41,161
up €41,161, from -€23,605 to €17,556
- Other operating charges -€4,912
down €4,912 (-60.4%), from €8,131 to €3,219
- Taxes +€846
up €846 (+13,179%), from €6 to €853
- Depreciation +€587
up €587 (+2.2%), from €26,906 to €27,494
- Financial income +€504
up €504 (+49.4%), from €1,022 to €1,526
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 | €444,181 | €437,165 | -€7,016 | -1.6% |
| Fixed assets | 21/28 | €220,488 | €192,995 | -€27,494 | -12.5% |
| Tangible fixed assets | 22/27 | €220,488 | €192,995 | -€27,494 | -12.5% |
| Land and buildings | 22 | €190,907 | €176,506 | -€14,401 | -7.5% |
| Furniture and vehicles | 24 | €11,447 | €5,989 | -€5,459 | -47.7% |
| Other tangible fixed assets | 26 | €18,134 | €10,500 | -€7,635 | -42.1% |
| Current assets | 29/58 | €223,693 | €244,170 | +€20,477 | +9.2% |
| Amounts receivable within one year | 40/41 | €1,870 | €3,469 | +€1,599 | +85.5% |
| Trade receivables | 40 | €1,648 | €3,188 | +€1,539 | +93.4% |
| Other amounts receivable | 41 | €222 | €282 | +€60 | +27.1% |
| Current investments | 50/53 | €138,782 | €138,782 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83,041 | €101,919 | +€18,878 | +22.7% |
| Total equity and liabilities | 10/49 | €444,181 | €437,165 | -€7,016 | -1.6% |
| Equity | 10/15 | €421,843 | €357,652 | -€64,191 | -15.2% |
| Reserves | 13 | €656,220 | €606,220 | -€50,000 | -7.6% |
| Distributable reserves | 133 | €656,220 | €606,220 | -€50,000 | -7.6% |
| Profit (loss) carried forward | 14 | -€234,377 | -€248,568 | -€14,191 | -6.1% |
| Amounts payable | 17/49 | €22,339 | €79,513 | +€57,174 | +256% |
| Amounts payable within one year | 42/48 | €19,304 | €76,479 | +€57,174 | +296% |
| Trade debts | 44 | €4,560 | €4,529 | -€30 | -0.7% |
| Suppliers | 440/4 | €4,560 | €4,529 | -€30 | -0.7% |
| Taxes, remuneration and social security | 45 | €2,170 | €1,473 | -€697 | -32.1% |
| Taxes | 450/3 | €2,170 | €1,473 | -€697 | -32.1% |
| Other amounts payable | 47/48 | €12,575 | €70,476 | +€57,901 | +460% |
| Accrued charges and deferred income | 492/3 | €3,034 | €3,034 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,777 | €1,587 | -€190 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,906 | €27,494 | +€587 | +2.2% |
| Other operating charges | 640/8 | €8,131 | €3,219 | -€4,912 | -60.4% |
| Gross operating margin | 9900 | -€23,605 | €17,556 | +€41,161 | |
| Operating profit (loss) | 9901 | -€60,420 | -€14,744 | +€45,676 | +75.6% |
| Financial income | 75/76B | €1,022 | €1,526 | +€504 | +49.4% |
| Recurring financial income | 75 | €1,022 | €1,526 | +€504 | +49.4% |
| Financial charges | 65/66B | €132 | €120 | -€12 | -8.8% |
| Recurring financial charges | 65 | €132 | €120 | -€12 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€59,530 | -€13,338 | +€46,192 | +77.6% |
| Income taxes | 67/77 | €6 | €853 | +€846 | +13,179% |
| Profit (loss) for the period | 9904 | -€59,536 | -€14,191 | +€45,346 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,536 | -€14,191 | +€45,346 | +76.2% |
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 23 October 2026 via checked.be.