Neneos: 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.
Neneos
Largest movements
- Receivables within one year +€4,521
up €4,521 (+10.7%), from €42,124 to €46,646
of which Trade receivables: +€5,896
- Cash +€3,076
up €3,076 (+24.5%), from €12,575 to €15,651
mainly Net result for the year (+€51,124) and Depreciation (+€2,125)
- Reserves +€51,124
new in 2025: €51,124
- Other debts -€44,300
down €44,300 (-100.0%), from €44,307 to €8
- Accrued charges and deferred income +€1,393
new in 2025: €1,393
- Trade debts -€1,185
down €1,185 (-43.3%), from €2,739 to €1,555
- Tax, wage and social debts +€1,143
up €1,143 (+9.9%), from €11,551 to €12,694
- Gross operating margin +€5,016
up €5,016 (+8.0%), from €62,929 to €67,946
- Taxes -€2,294
down €2,294 (-14.5%), from €15,857 to €13,564
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 | €61,097 | €69,273 | +€8,176 | +13.4% |
| Fixed assets | 21/28 | €6,252 | €6,827 | +€575 | +9.2% |
| Tangible fixed assets | 22/27 | €6,252 | €6,827 | +€575 | +9.2% |
| Plant, machinery and equipment | 23 | €3,255 | €2,385 | -€870 | -26.7% |
| Furniture and vehicles | 24 | €2,959 | €4,442 | +€1,483 | +50.1% |
| Other tangible fixed assets | 26 | €38 | €0 | -€38 | -100.0% |
| Current assets | 29/58 | €54,845 | €62,446 | +€7,600 | +13.9% |
| Amounts receivable within one year | 40/41 | €42,124 | €46,646 | +€4,521 | +10.7% |
| Trade receivables | 40 | €40,750 | €46,646 | +€5,896 | +14.5% |
| Other amounts receivable | 41 | €1,375 | €0 | -€1,375 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,575 | €15,651 | +€3,076 | +24.5% |
| Deferred charges and accrued income | 490/1 | €146 | €149 | +€4 | +2.4% |
| Total equity and liabilities | 10/49 | €61,097 | €69,273 | +€8,176 | +13.4% |
| Equity | 10/15 | €2,500 | €53,624 | +€51,124 | +2045.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €51,124 | +€51,124 | |
| Distributable reserves | 133 | - | €51,124 | +€51,124 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,597 | €15,649 | -€42,948 | -73.3% |
| Amounts payable within one year | 42/48 | €58,597 | €14,256 | -€44,341 | -75.7% |
| Trade debts | 44 | €2,739 | €1,555 | -€1,185 | -43.3% |
| Suppliers | 440/4 | €2,739 | €1,555 | -€1,185 | -43.3% |
| Taxes, remuneration and social security | 45 | €11,551 | €12,694 | +€1,143 | +9.9% |
| Taxes | 450/3 | €11,551 | €12,694 | +€1,143 | +9.9% |
| Other amounts payable | 47/48 | €44,307 | €8 | -€44,300 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,393 | +€1,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,518 | €2,125 | +€607 | +40.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €62,929 | €67,946 | +€5,016 | +8.0% |
| Operating profit (loss) | 9901 | €60,898 | €65,293 | +€4,395 | +7.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €741 | €607 | -€134 | -18.1% |
| Recurring financial charges | 65 | €741 | €607 | -€134 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €60,157 | €64,687 | +€4,530 | +7.5% |
| Income taxes | 67/77 | €15,857 | €13,564 | -€2,294 | -14.5% |
| Profit (loss) for the period | 9904 | €44,300 | €51,124 | +€6,824 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,300 | €51,124 | +€6,824 | +15.4% |
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 7 October 2026 via checked.be.