NEJA: 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.
NEJA
Largest movements
- Current investments -€26,825
down €26,825 (-49.5%), from €54,196 to €27,371
- Tangible fixed assets -€19,435
down €19,435 (-35.5%), from €54,701 to €35,266
of which Furniture and vehicles: -€19,193
- Cash -€18,531
down €18,531 (-20.8%), from €88,957 to €70,426
mainly Contributions, distributions and other (-€113,334) and Tax, wage and social debts (-€15,666)
- Profit (loss) carried forward -€38,981
down €38,981 (-34.4%), from €113,334 to €74,353
- Tax, wage and social debts -€15,666
down €15,666 (-54.1%), from €28,978 to €13,312
- Current portion of long-term debt -€10,438
down €10,438 (-83.2%), from €12,544 to €2,106
- Accrued charges and deferred income +€2,837
up €2,837 (+47.1%), from €6,030 to €8,867
- Financial income +€12,396
up €12,396 (+6002.0%), from €207 to €12,603
- Gross operating margin +€3,757
up €3,757 (+3.7%), from €101,679 to €105,436
- Taxes +€3,066
up €3,066 (+18.4%), from €16,623 to €19,689
- Depreciation -€1,111
down €1,111 (-5.4%), from €20,425 to €19,314
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 | €219,398 | €155,416 | -€63,982 | -29.2% |
| Fixed assets | 21/28 | €54,701 | €35,266 | -€19,435 | -35.5% |
| Tangible fixed assets | 22/27 | €54,701 | €35,266 | -€19,435 | -35.5% |
| Plant, machinery and equipment | 23 | €581 | €339 | -€242 | -41.6% |
| Furniture and vehicles | 24 | €54,120 | €34,927 | -€19,193 | -35.5% |
| Current assets | 29/58 | €164,697 | €120,150 | -€44,547 | -27.0% |
| Amounts receivable within one year | 40/41 | €18,757 | €20,792 | +€2,034 | +10.8% |
| Trade receivables | 40 | €18,755 | €20,792 | +€2,037 | +10.9% |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Current investments | 50/53 | €54,196 | €27,371 | -€26,825 | -49.5% |
| Cash at bank and in hand | 54/58 | €88,957 | €70,426 | -€18,531 | -20.8% |
| Deferred charges and accrued income | 490/1 | €2,787 | €1,562 | -€1,225 | -44.0% |
| Total equity and liabilities | 10/49 | €219,398 | €155,416 | -€63,982 | -29.2% |
| Equity | 10/15 | €166,498 | €127,517 | -€38,981 | -23.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,164 | €48,164 | = | 0.0% |
| Distributable reserves | 133 | €48,164 | €48,164 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,334 | €74,353 | -€38,981 | -34.4% |
| Amounts payable | 17/49 | €52,900 | €27,899 | -€25,001 | -47.3% |
| Amounts payable after more than one year | 17 | €2,106 | - | -€2,106 | |
| Financial debts | 170/4 | €2,106 | - | -€2,106 | |
| Amounts payable within one year | 42/48 | €44,764 | €19,032 | -€25,732 | -57.5% |
| Current portion of amounts payable after more than one year | 42 | €12,544 | €2,106 | -€10,438 | -83.2% |
| Trade debts | 44 | €2,474 | €1,921 | -€553 | -22.4% |
| Suppliers | 440/4 | €2,474 | €1,921 | -€553 | -22.4% |
| Taxes, remuneration and social security | 45 | €28,978 | €13,312 | -€15,666 | -54.1% |
| Taxes | 450/3 | €28,978 | €13,312 | -€15,666 | -54.1% |
| Other amounts payable | 47/48 | €767 | €1,693 | +€926 | +120.7% |
| Accrued charges and deferred income | 492/3 | €6,030 | €8,867 | +€2,837 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,425 | €19,314 | -€1,111 | -5.4% |
| Other operating charges | 640/8 | €596 | €705 | +€109 | +18.3% |
| Non-recurring operating charges | 66A | - | €2,532 | +€2,532 | |
| Gross operating margin | 9900 | €101,679 | €105,436 | +€3,757 | +3.7% |
| Operating profit (loss) | 9901 | €80,657 | €82,884 | +€2,227 | +2.8% |
| Financial income | 75/76B | €207 | €12,603 | +€12,396 | +6002.0% |
| Recurring financial income | 75 | €207 | €12,603 | +€12,396 | +6002.0% |
| Financial charges | 65/66B | €1,119 | €1,445 | +€326 | +29.1% |
| Recurring financial charges | 65 | €1,119 | €1,445 | +€326 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €79,744 | €94,042 | +€14,297 | +17.9% |
| Income taxes | 67/77 | €16,623 | €19,689 | +€3,066 | +18.4% |
| Profit (loss) for the period | 9904 | €63,121 | €74,353 | +€11,231 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,121 | €74,353 | +€11,231 | +17.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.