NEO-LITH: 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-LITH
Largest movements
- Receivables within one year +€158,207
up €158,207 (+88.9%), from €177,948 to €336,155
of which Trade receivables: +€150,014
- Cash -€83,134
down €83,134 (-90.5%), from €91,893 to €8,759
mainly Receivables within one year (-€158,207) and Current portion of long-term debt (-€77,012)
- Stocks and contracts -€7,422
down €7,422 (-26.2%), from €28,285 to €20,863
- Financial fixed assets +€5,381
up €5,381 (+82.2%), from €6,543 to €11,924
- Deferred charges and accrued income -€4,588
down €4,588 (-82.3%), from €5,576 to €988
- Trade debts +€78,881
up €78,881 (+90.1%), from €87,527 to €166,408
- Current portion of long-term debt -€77,012
down €77,012 (-89.3%), from €86,218 to €9,205
- Short-term financial debts +€50,000
new in 2024: €50,000
- Profit (loss) carried forward +€11,474
up €11,474 (+29.1%), from €39,426 to €50,900
- Debts after one year -€6,000
down €6,000 (-34.3%), from €17,500 to €11,500
of which Other amounts payable: -€6,000
- Staff costs +€37,789
up €37,789 (+26.6%), from €142,069 to €179,857
- Gross operating margin -€19,400
down €19,400 (-7.4%), from €262,344 to €242,944
- Write-downs +€13,262
new in 2024: €13,262
- Provisions -€10,291
down €10,291 (-63.7%), from €16,166 to €5,875
- Depreciation +€5,032
up €5,032 (+42.4%), from €11,879 to €16,911
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,409 | €403,582 | +€65,172 | +19.3% |
| Fixed assets | 21/28 | €31,428 | €33,643 | +€2,216 | +7.1% |
| Tangible fixed assets | 22/27 | €24,885 | €21,719 | -€3,166 | -12.7% |
| Plant, machinery and equipment | 23 | €6,115 | €16,041 | +€9,926 | +162.3% |
| Furniture and vehicles | 24 | €13,552 | €4,950 | -€8,602 | -63.5% |
| Leasing and similar rights | 25 | €5,218 | €728 | -€4,489 | -86.0% |
| Financial fixed assets | 28 | €6,543 | €11,924 | +€5,381 | +82.2% |
| Current assets | 29/58 | €306,982 | €369,938 | +€62,957 | +20.5% |
| Amounts receivable after more than one year | 29 | €3,280 | €3,174 | -€106 | -3.2% |
| Trade receivables | 290 | €3,280 | €3,174 | -€106 | -3.2% |
| Stocks and contracts in progress | 3 | €28,285 | €20,863 | -€7,422 | -26.2% |
| Stocks | 30/36 | €28,285 | €20,863 | -€7,422 | -26.2% |
| Amounts receivable within one year | 40/41 | €177,948 | €336,155 | +€158,207 | +88.9% |
| Trade receivables | 40 | €167,823 | €317,837 | +€150,014 | +89.4% |
| Other amounts receivable | 41 | €10,125 | €18,318 | +€8,193 | +80.9% |
| Cash at bank and in hand | 54/58 | €91,893 | €8,759 | -€83,134 | -90.5% |
| Deferred charges and accrued income | 490/1 | €5,576 | €988 | -€4,588 | -82.3% |
| Total equity and liabilities | 10/49 | €338,409 | €403,582 | +€65,172 | +19.3% |
| Equity | 10/15 | €59,886 | €71,360 | +€11,474 | +19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,426 | €50,900 | +€11,474 | +29.1% |
| Provisions and deferred taxes | 16 | €60,006 | €65,880 | +€5,875 | +9.8% |
| Provisions for liabilities and charges | 160/5 | €60,006 | €65,880 | +€5,875 | +9.8% |
| Environmental obligations | 163 | €60,006 | €65,880 | +€5,875 | +9.8% |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €218,518 | €266,342 | +€47,824 | +21.9% |
| Amounts payable after more than one year | 17 | €17,500 | €11,500 | -€6,000 | -34.3% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €17,500 | €11,500 | -€6,000 | -34.3% |
| Amounts payable within one year | 42/48 | €201,018 | €253,277 | +€52,259 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €86,218 | €9,205 | -€77,012 | -89.3% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €87,527 | €166,408 | +€78,881 | +90.1% |
| Suppliers | 440/4 | €87,527 | €166,408 | +€78,881 | +90.1% |
| Taxes, remuneration and social security | 45 | €25,804 | €25,890 | +€86 | +0.3% |
| Taxes | 450/3 | €13,306 | €8,556 | -€4,750 | -35.7% |
| Remuneration and social security | 454/9 | €12,499 | €17,334 | +€4,836 | +38.7% |
| Other amounts payable | 47/48 | €1,469 | €1,774 | +€305 | +20.8% |
| Accrued charges and deferred income | 492/3 | - | €1,565 | +€1,565 | |
| Non-recurring operating income | 76A | €94,704 | - | -€94,704 | |
| Remuneration, social security and pensions | 62 | €142,069 | €179,857 | +€37,789 | +26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,879 | €16,911 | +€5,032 | +42.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,262 | +€13,262 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €16,166 | €5,875 | -€10,291 | -63.7% |
| Other operating charges | 640/8 | €2,399 | €3,342 | +€943 | +39.3% |
| Non-recurring operating charges | 66A | €82,056 | -€33 | -€82,089 | |
| Gross operating margin | 9900 | €262,344 | €242,944 | -€19,400 | -7.4% |
| Operating profit (loss) | 9901 | €7,776 | €23,730 | +€15,954 | +205.2% |
| Financial income | 75/76B | €376 | €328 | -€48 | -12.8% |
| Recurring financial income | 75 | €376 | €328 | -€48 | -12.8% |
| Financial charges | 65/66B | €4,348 | €6,608 | +€2,260 | +52.0% |
| Recurring financial charges | 65 | €4,348 | €6,608 | +€2,260 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €3,804 | €17,450 | +€13,646 | +358.7% |
| Income taxes | 67/77 | €2,548 | €5,976 | +€3,427 | +134.5% |
| Profit (loss) for the period | 9904 | €1,256 | €11,474 | +€10,218 | +813.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,256 | €11,474 | +€10,218 | +813.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.