NEO & IDES: 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 & IDES
Largest movements
- Receivables within one year -€389,001
down €389,001 (-78.2%), from €497,668 to €108,668
of which Trade receivables: -€434,505
- Deferred charges and accrued income -€30,526
down €30,526 (-18.9%), from €161,866 to €131,340
- Tangible fixed assets -€28,833
no longer reported in 2025 (was €28,833)
- Cash -€13,621
no longer reported in 2025 (was €13,621)
mainly Trade debts (-€186,538) and Tax, wage and social debts (-€174,489)
- Trade debts -€186,538
down €186,538 (-93.4%), from €199,628 to €13,090
- Tax, wage and social debts -€174,489
down €174,489 (-94.7%), from €184,313 to €9,824
of which Remuneration and social security: -€130,014
- Other debts -€85,404
down €85,404 (-34.9%), from €244,678 to €159,274
- Profit (loss) carried forward -€21,323
down €21,323, from €563 to -€20,760
- Turnover -€743,085
no longer reported in 2025 (was €743,085)
- Gross operating margin -€367,613
down €367,613 (-49.0%), from €749,510 to €381,896
- Purchases and services -€355,817
no longer reported in 2025 (was €355,817)
- Staff costs -€294,031
down €294,031 (-40.3%), from €729,946 to €435,916
- Financial income +€51,249
up €51,249 (+5955.4%), from €861 to €52,109
of which Non-recurring financial income: +€50,000
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 | €702,392 | €240,008 | -€462,384 | -65.8% |
| Fixed assets | 21/28 | €29,236 | - | -€29,236 | |
| Tangible fixed assets | 22/27 | €28,833 | - | -€28,833 | |
| Furniture and vehicles | 24 | €28,833 | - | -€28,833 | |
| Financial fixed assets | 28 | €403 | - | -€403 | |
| Current assets | 29/58 | €673,156 | €240,008 | -€433,148 | -64.3% |
| Amounts receivable within one year | 40/41 | €497,668 | €108,668 | -€389,001 | -78.2% |
| Trade receivables | 40 | €473,667 | €39,162 | -€434,505 | -91.7% |
| Other amounts receivable | 41 | €24,001 | €69,506 | +€45,504 | +189.6% |
| Cash at bank and in hand | 54/58 | €13,621 | - | -€13,621 | |
| Deferred charges and accrued income | 490/1 | €161,866 | €131,340 | -€30,526 | -18.9% |
| Total equity and liabilities | 10/49 | €702,392 | €240,008 | -€462,384 | -65.8% |
| Equity | 10/15 | €58,823 | €37,500 | -€21,323 | -36.2% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €51,860 | €51,860 | = | 0.0% |
| Distributable reserves | 133 | €51,860 | €51,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €563 | -€20,760 | -€21,323 | |
| Amounts payable | 17/49 | €643,568 | €202,508 | -€441,061 | -68.5% |
| Amounts payable within one year | 42/48 | €628,618 | €182,189 | -€446,430 | -71.0% |
| Trade debts | 44 | €199,628 | €13,090 | -€186,538 | -93.4% |
| Suppliers | 440/4 | €199,628 | €13,090 | -€186,538 | -93.4% |
| Taxes, remuneration and social security | 45 | €184,313 | €9,824 | -€174,489 | -94.7% |
| Taxes | 450/3 | €54,298 | €9,824 | -€44,474 | -81.9% |
| Remuneration and social security | 454/9 | €130,014 | - | -€130,014 | |
| Other amounts payable | 47/48 | €244,678 | €159,274 | -€85,404 | -34.9% |
| Accrued charges and deferred income | 492/3 | €14,950 | €20,319 | +€5,369 | +35.9% |
| Turnover | 70 | €743,085 | - | -€743,085 | |
| Goods, raw materials, services and sundry goods | 60/61 | €355,817 | - | -€355,817 | |
| Remuneration, social security and pensions | 62 | €729,946 | €435,916 | -€294,031 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,830 | - | -€9,830 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€9,425 | -€9,425 | |
| Other operating charges | 640/8 | €517 | €12,876 | +€12,359 | +2390.7% |
| Non-recurring operating charges | 66A | €40 | - | -€40 | |
| Gross operating margin | 9900 | €749,510 | €381,896 | -€367,613 | -49.0% |
| Operating profit (loss) | 9901 | €9,177 | -€57,471 | -€66,648 | |
| Financial income | 75/76B | €861 | €52,109 | +€51,249 | +5955.4% |
| Recurring financial income | 75 | €861 | €2,109 | +€1,249 | +145.1% |
| Non-recurring financial income | 76B | - | €50,000 | +€50,000 | |
| Financial charges | 65/66B | €5,979 | €17,578 | +€11,598 | +194.0% |
| Recurring financial charges | 65 | €5,979 | €17,578 | +€11,598 | +194.0% |
| Profit (loss) for the period before taxes | 9903 | €4,058 | -€22,939 | -€26,997 | |
| Income taxes | 67/77 | €12,280 | -€1,616 | -€13,896 | |
| Profit (loss) for the period | 9904 | -€8,222 | -€21,323 | -€13,101 | -159.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,222 | -€21,323 | -€13,101 | -159.3% |
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 12 October 2026 via checked.be.