NEO DEVELOPMENT: 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 DEVELOPMENT
Largest movements
- Cash -€388,168
down €388,168 (-88.0%), from €441,308 to €53,140
mainly Net result for the year (-€178,585) and Tax, wage and social debts (-€129,124)
- Receivables after one year +€73,500
up €73,500 (+45.7%), from €160,700 to €234,200
- Profit (loss) carried forward -€178,585
down €178,585 (-37.4%), from €477,267 to €298,682
- Tax, wage and social debts -€129,124
down €129,124 (-98.6%), from €130,899 to €1,775
of which Taxes: -€128,090
- Gross operating margin -€592,042
down €592,042, from €444,297 to -€147,745
- Taxes -€109,777
down €109,777, from €109,343 to -€434
- Staff costs +€22,117
up €22,117 (+174.4%), from €12,681 to €34,798
- Financial income +€5,859
up €5,859 (+176.6%), from €3,318 to €9,177
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 | €621,425 | €307,503 | -€313,922 | -50.5% |
| Fixed assets | 21/28 | €19,417 | €16,883 | -€2,534 | -13.1% |
| Tangible fixed assets | 22/27 | €19,417 | €16,883 | -€2,534 | -13.1% |
| Furniture and vehicles | 24 | €19,417 | €16,883 | -€2,534 | -13.1% |
| Current assets | 29/58 | €602,008 | €290,620 | -€311,388 | -51.7% |
| Amounts receivable after more than one year | 29 | €160,700 | €234,200 | +€73,500 | +45.7% |
| Other amounts receivable | 291 | €160,700 | €234,200 | +€73,500 | +45.7% |
| Amounts receivable within one year | 40/41 | - | €3,280 | +€3,280 | |
| Other amounts receivable | 41 | - | €3,280 | +€3,280 | |
| Cash at bank and in hand | 54/58 | €441,308 | €53,140 | -€388,168 | -88.0% |
| Total equity and liabilities | 10/49 | €621,425 | €307,503 | -€313,922 | -50.5% |
| Equity | 10/15 | €479,267 | €300,682 | -€178,585 | -37.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €477,267 | €298,682 | -€178,585 | -37.4% |
| Amounts payable | 17/49 | €142,158 | €6,821 | -€135,337 | -95.2% |
| Amounts payable within one year | 42/48 | €142,158 | €6,821 | -€135,337 | -95.2% |
| Trade debts | 44 | €6,002 | €2,908 | -€3,094 | -51.5% |
| Suppliers | 440/4 | €6,002 | €2,908 | -€3,094 | -51.5% |
| Taxes, remuneration and social security | 45 | €130,899 | €1,775 | -€129,124 | -98.6% |
| Taxes | 450/3 | €128,090 | - | -€128,090 | |
| Remuneration and social security | 454/9 | €2,809 | €1,775 | -€1,034 | -36.8% |
| Other amounts payable | 47/48 | €5,257 | €2,137 | -€3,120 | -59.3% |
| Remuneration, social security and pensions | 62 | €12,681 | €34,798 | +€22,117 | +174.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,591 | €4,966 | +€1,375 | +38.3% |
| Other operating charges | 640/8 | €247 | €267 | +€20 | +8.1% |
| Gross operating margin | 9900 | €444,297 | -€147,745 | -€592,042 | |
| Operating profit (loss) | 9901 | €427,778 | -€187,776 | -€615,554 | |
| Financial income | 75/76B | €3,318 | €9,177 | +€5,859 | +176.6% |
| Recurring financial income | 75 | €3,318 | €9,177 | +€5,859 | +176.6% |
| Financial charges | 65/66B | €269 | €420 | +€151 | +56.1% |
| Recurring financial charges | 65 | €269 | €420 | +€151 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €430,827 | -€179,019 | -€609,846 | |
| Income taxes | 67/77 | €109,343 | -€434 | -€109,777 | |
| Profit (loss) for the period | 9904 | €321,484 | -€178,585 | -€500,069 | |
| Profit (loss) for the period to be appropriated | 9905 | €321,484 | -€178,585 | -€500,069 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.