NEO-CONSTRUCT: 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-CONSTRUCT
Largest movements
- Receivables within one year -€8,476
down €8,476 (-13.4%), from €63,306 to €54,830
of which Trade receivables: -€8,836
- Cash +€2,839
up €2,839 (+123%), from €2,309 to €5,147
mainly Trade debts (+€13,723) and Receivables within one year (+€8,476)
- Debts after one year -€20,007
down €20,007 (-92.3%), from €21,667 to €1,660
- Trade debts +€13,723
up €13,723 (+7,373%), from €186 to €13,909
- Profit (loss) carried forward +€3,825
up €3,825 (+11.4%), from -€33,419 to -€29,593
- Tax, wage and social debts -€3,734
no longer reported in 2025 (was €3,734)
- Gross operating margin +€3,428
up €3,428 (+230%), from €1,492 to €4,920
- Other operating charges -€157
down €157 (-27.1%), from €582 to €424
- Depreciation -€102
down €102 (-17.2%), from €591 to €489
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 | €67,169 | €61,042 | -€6,126 | -9.1% |
| Fixed assets | 21/28 | €1,555 | €1,065 | -€489 | -31.5% |
| Tangible fixed assets | 22/27 | €1,555 | €1,065 | -€489 | -31.5% |
| Plant, machinery and equipment | 23 | €507 | €362 | -€145 | -28.6% |
| Furniture and vehicles | 24 | €1,048 | €703 | -€344 | -32.9% |
| Current assets | 29/58 | €65,614 | €59,977 | -€5,637 | -8.6% |
| Amounts receivable within one year | 40/41 | €63,306 | €54,830 | -€8,476 | -13.4% |
| Trade receivables | 40 | €63,306 | €54,470 | -€8,836 | -14.0% |
| Other amounts receivable | 41 | - | €360 | +€360 | |
| Cash at bank and in hand | 54/58 | €2,309 | €5,147 | +€2,839 | +123% |
| Total equity and liabilities | 10/49 | €67,169 | €61,042 | -€6,126 | -9.1% |
| Equity | 10/15 | €41,581 | €45,407 | +€3,825 | +9.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,419 | -€29,593 | +€3,825 | +11.4% |
| Amounts payable | 17/49 | €25,587 | €15,635 | -€9,952 | -38.9% |
| Amounts payable after more than one year | 17 | €21,667 | €1,660 | -€20,007 | -92.3% |
| Other amounts payable | 178/9 | €21,667 | €1,660 | -€20,007 | -92.3% |
| Amounts payable within one year | 42/48 | €3,920 | €13,909 | +€9,989 | +255% |
| Trade debts | 44 | €186 | €13,909 | +€13,723 | +7,373% |
| Suppliers | 440/4 | €186 | €13,909 | +€13,723 | +7,373% |
| Taxes, remuneration and social security | 45 | €3,734 | - | -€3,734 | |
| Taxes | 450/3 | €3,734 | - | -€3,734 | |
| Accrued charges and deferred income | 492/3 | - | €66 | +€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €591 | €489 | -€102 | -17.2% |
| Other operating charges | 640/8 | €582 | €424 | -€157 | -27.1% |
| Gross operating margin | 9900 | €1,492 | €4,920 | +€3,428 | +230% |
| Operating profit (loss) | 9901 | €319 | €4,006 | +€3,687 | +1,157% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €163 | €180 | +€17 | +10.4% |
| Recurring financial charges | 65 | €163 | €180 | +€17 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €160 | €3,825 | +€3,666 | +2,292% |
| Profit (loss) for the period | 9904 | €160 | €3,825 | +€3,666 | +2,292% |
| Profit (loss) for the period to be appropriated | 9905 | €160 | €3,825 | +€3,666 | +2,292% |
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 21 October 2026 via checked.be.