NEO CONCEPT: 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.
NEO CONCEPT
Largest movements
- Cash -€8,095
down €8,095 (-32.7%), from €24,783 to €16,688
mainly Current portion of long-term debt (-€12,464) and Receivables within one year (-€3,194)
- Receivables within one year +€3,194
up €3,194 (+498%), from €641 to €3,836
of which Other amounts receivable: +€2,648
- Deferred charges and accrued income +€1,500
new in 2025: €1,500
- Stocks and contracts +€1,205
up €1,205 (+14.8%), from €8,125 to €9,330
- Tangible fixed assets -€375
down €375 (-74.5%), from €504 to €129
- Current portion of long-term debt -€12,464
no longer reported in 2025 (was €12,464)
- Profit (loss) carried forward +€7,320
no longer reported in 2025 (was -€7,320)
- Reserves +€2,584
up €2,584 (+221%), from €1,169 to €3,753
- Trade debts -€390
down €390 (-49.3%), from €790 to €400
- Gross operating margin +€18,172
up €18,172, from -€5,992 to €12,180
- Taxes +€1,452
new in 2025: €1,452
- Other operating charges -€378
down €378 (-42.1%), from €898 to €520
- Financial income +€150
new in 2025: €150
of which Financial income: +€150
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 | €34,054 | €31,482 | -€2,571 | -7.6% |
| Fixed assets | 21/28 | €504 | €129 | -€375 | -74.5% |
| Tangible fixed assets | 22/27 | €504 | €129 | -€375 | -74.5% |
| Plant, machinery and equipment | 23 | €504 | €129 | -€375 | -74.5% |
| Current assets | 29/58 | €33,550 | €31,354 | -€2,196 | -6.5% |
| Stocks and contracts in progress | 3 | €8,125 | €9,330 | +€1,205 | +14.8% |
| Stocks | 30/36 | €8,125 | €9,330 | +€1,205 | +14.8% |
| Amounts receivable within one year | 40/41 | €641 | €3,836 | +€3,194 | +498% |
| Trade receivables | 40 | €125 | €672 | +€547 | +438% |
| Other amounts receivable | 41 | €517 | €3,164 | +€2,648 | +513% |
| Cash at bank and in hand | 54/58 | €24,783 | €16,688 | -€8,095 | -32.7% |
| Deferred charges and accrued income | 490/1 | - | €1,500 | +€1,500 | |
| Total equity and liabilities | 10/49 | €34,054 | €31,482 | -€2,571 | -7.6% |
| Equity | 10/15 | €12,449 | €22,353 | +€9,905 | +79.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,169 | €3,753 | +€2,584 | +221% |
| Distributable reserves | 133 | €1,169 | €3,753 | +€2,584 | +221% |
| Profit (loss) carried forward | 14 | -€7,320 | - | +€7,320 | |
| Amounts payable | 17/49 | €21,605 | €9,129 | -€12,476 | -57.7% |
| Amounts payable after more than one year | 17 | €3,900 | €3,900 | = | 0.0% |
| Financial debts | 170/4 | €3,900 | €3,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,705 | €5,229 | -€12,476 | -70.5% |
| Current portion of amounts payable after more than one year | 42 | €12,464 | - | -€12,464 | |
| Trade debts | 44 | €790 | €400 | -€390 | -49.3% |
| Suppliers | 440/4 | €790 | €400 | -€390 | -49.3% |
| Taxes, remuneration and social security | 45 | - | €149 | +€149 | |
| Taxes | 450/3 | - | €149 | +€149 | |
| Other amounts payable | 47/48 | €4,451 | €4,679 | +€228 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €375 | = | 0.0% |
| Other operating charges | 640/8 | €898 | €520 | -€378 | -42.1% |
| Gross operating margin | 9900 | -€5,992 | €12,180 | +€18,172 | |
| Operating profit (loss) | 9901 | -€7,265 | €11,285 | +€18,550 | |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Non-recurring financial income | 76B | - | €150 | +€150 | |
| Financial charges | 65/66B | €55 | €79 | +€24 | +42.8% |
| Recurring financial charges | 65 | €55 | €79 | +€24 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,320 | €11,356 | +€18,677 | |
| Income taxes | 67/77 | - | €1,452 | +€1,452 | |
| Profit (loss) for the period | 9904 | -€7,320 | €9,905 | +€17,225 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,320 | €9,905 | +€17,225 |
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 20 October 2026 via checked.be.