NEO-FRONT: 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-FRONT
Largest movements
- Stocks and contracts -€51,680
no longer reported in 2025 (was €51,680)
- Cash -€3,164
down €3,164 (-54.4%), from €5,819 to €2,655
mainly Net result for the year (-€58,568) and Debts after one year (-€12,352)
- Tangible fixed assets -€2,714
down €2,714 (-25.7%), from €10,573 to €7,859
of which Plant, machinery and equipment: -€1,862
- Profit (loss) carried forward -€58,568
down €58,568 (-225.1%), from -€26,016 to -€84,584
- Debts after one year -€12,352
down €12,352 (-27.3%), from €45,181 to €32,829
- Tax, wage and social debts +€9,568
up €9,568 (+144.1%), from €6,641 to €16,209
of which Taxes: +€6,375
- Other debts +€2,568
up €2,568 (+25.9%), from €9,900 to €12,468
- Trade debts +€1,503
up €1,503 (+30.4%), from €4,943 to €6,445
- Gross operating margin -€16,489
down €16,489 (-271.2%), from -€6,080 to -€22,568
- Staff costs +€15,682
up €15,682 (+109.9%), from €14,266 to €29,949
- Depreciation +€1,422
up €1,422 (+110.1%), from €1,292 to €2,714
- Other operating charges -€835
down €835 (-53.7%), from €1,554 to €719
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 | €68,276 | €10,719 | -€57,557 | -84.3% |
| Fixed assets | 21/28 | €10,778 | €8,064 | -€2,714 | -25.2% |
| Tangible fixed assets | 22/27 | €10,573 | €7,859 | -€2,714 | -25.7% |
| Plant, machinery and equipment | 23 | €8,282 | €6,420 | -€1,862 | -22.5% |
| Furniture and vehicles | 24 | €2,291 | €1,439 | -€852 | -37.2% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €57,498 | €2,655 | -€54,843 | -95.4% |
| Stocks and contracts in progress | 3 | €51,680 | - | -€51,680 | |
| Stocks | 30/36 | €51,680 | - | -€51,680 | |
| Cash at bank and in hand | 54/58 | €5,819 | €2,655 | -€3,164 | -54.4% |
| Total equity and liabilities | 10/49 | €68,276 | €10,719 | -€57,557 | -84.3% |
| Equity | 10/15 | -€11,016 | -€69,584 | -€58,568 | -531.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,016 | -€84,584 | -€58,568 | -225.1% |
| Amounts payable | 17/49 | €79,292 | €80,303 | +€1,011 | +1.3% |
| Amounts payable after more than one year | 17 | €45,181 | €32,829 | -€12,352 | -27.3% |
| Financial debts | 170/4 | €45,181 | €32,829 | -€12,352 | -27.3% |
| Amounts payable within one year | 42/48 | €34,111 | €47,474 | +€13,363 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | €12,627 | €12,352 | -€275 | -2.2% |
| Trade debts | 44 | €4,943 | €6,445 | +€1,503 | +30.4% |
| Suppliers | 440/4 | €4,943 | €6,445 | +€1,503 | +30.4% |
| Taxes, remuneration and social security | 45 | €6,641 | €16,209 | +€9,568 | +144.1% |
| Taxes | 450/3 | €2,946 | €9,321 | +€6,375 | +216.4% |
| Remuneration and social security | 454/9 | €3,695 | €6,888 | +€3,193 | +86.4% |
| Other amounts payable | 47/48 | €9,900 | €12,468 | +€2,568 | +25.9% |
| Remuneration, social security and pensions | 62 | €14,266 | €29,949 | +€15,682 | +109.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €2,714 | +€1,422 | +110.1% |
| Other operating charges | 640/8 | €1,554 | €719 | -€835 | -53.7% |
| Gross operating margin | 9900 | -€6,080 | -€22,568 | -€16,489 | -271.2% |
| Operating profit (loss) | 9901 | -€23,192 | -€55,950 | -€32,758 | -141.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,824 | €2,619 | -€206 | -7.3% |
| Recurring financial charges | 65 | €2,824 | €2,619 | -€206 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,016 | -€58,568 | -€32,552 | -125.1% |
| Profit (loss) for the period | 9904 | -€26,016 | -€58,568 | -€32,552 | -125.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,016 | -€58,568 | -€32,552 | -125.1% |
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 10 October 2026 via checked.be.