Neo Recycling: what changed
Neo Recycling
Largest movements
- Receivables within one year -€5,927
down €5,927 (-8.1%), from €72,785 to €66,857
of which Other amounts receivable: -€6,588
- Tangible fixed assets -€1,384
down €1,384 (-16.5%), from €8,409 to €7,025
of which Furniture and vehicles: -€878
- Other debts +€24,450
up €24,450 (+60.6%), from €40,338 to €64,788
- Tax, wage and social debts -€9,304
down €9,304 (-58.0%), from €16,036 to €6,733
- Reserves -€6,894
no longer reported in 2025 (was €6,894)
- Trade debts -€6,175
down €6,175 (-52.1%), from €11,855 to €5,680
- Profit (loss) carried forward -€5,865
new in 2025: -€5,865
- Gross operating margin -€26,891
down €26,891, from €16,933 to -€9,959
- Taxes -€4,993
down €4,993 (-97.4%), from €5,125 to €132
- Depreciation +€643
up €643 (+86.8%), from €741 to €1,384
- Other operating charges +€361
up €361 (+77.2%), from €467 to €828
- Financial charges +€179
up €179 (+64.3%), from €278 to €457
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,655 | €76,001 | -€7,655 | -9.2% |
| Fixed assets | 21/28 | €8,409 | €7,025 | -€1,384 | -16.5% |
| Tangible fixed assets | 22/27 | €8,409 | €7,025 | -€1,384 | -16.5% |
| Land and buildings | 22 | €4,286 | €3,780 | -€506 | -11.8% |
| Furniture and vehicles | 24 | €4,124 | €3,245 | -€878 | -21.3% |
| Current assets | 29/58 | €75,246 | €68,975 | -€6,271 | -8.3% |
| Stocks and contracts in progress | 3 | €1,600 | €1,600 | = | 0.0% |
| Stocks | 30/36 | €1,600 | €1,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,785 | €66,857 | -€5,927 | -8.1% |
| Trade receivables | 40 | €63,539 | €64,200 | +€661 | +1.0% |
| Other amounts receivable | 41 | €9,245 | €2,657 | -€6,588 | -71.3% |
| Cash at bank and in hand | 54/58 | €114 | €88 | -€26 | -22.6% |
| Deferred charges and accrued income | 490/1 | €748 | €430 | -€318 | -42.5% |
| Total equity and liabilities | 10/49 | €83,655 | €76,001 | -€7,655 | -9.2% |
| Equity | 10/15 | €10,894 | -€1,865 | -€12,759 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €6,894 | - | -€6,894 | |
| Distributable reserves | 133 | €6,894 | - | -€6,894 | |
| Profit (loss) carried forward | 14 | - | -€5,865 | -€5,865 | |
| Amounts payable | 17/49 | €72,761 | €77,866 | +€5,105 | +7.0% |
| Amounts payable within one year | 42/48 | €68,229 | €77,200 | +€8,972 | +13.1% |
| Trade debts | 44 | €11,855 | €5,680 | -€6,175 | -52.1% |
| Suppliers | 440/4 | €11,855 | €5,680 | -€6,175 | -52.1% |
| Taxes, remuneration and social security | 45 | €16,036 | €6,733 | -€9,304 | -58.0% |
| Taxes | 450/3 | €16,036 | €6,733 | -€9,304 | -58.0% |
| Other amounts payable | 47/48 | €40,338 | €64,788 | +€24,450 | +60.6% |
| Accrued charges and deferred income | 492/3 | €4,532 | €665 | -€3,867 | -85.3% |
| Non-recurring operating income | 76A | €11 | - | -€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €741 | €1,384 | +€643 | +86.8% |
| Other operating charges | 640/8 | €467 | €828 | +€361 | +77.2% |
| Gross operating margin | 9900 | €16,933 | -€9,959 | -€26,891 | |
| Operating profit (loss) | 9901 | €15,725 | -€12,170 | -€27,895 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -81.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -81.8% |
| Financial charges | 65/66B | €278 | €457 | +€179 | +64.3% |
| Recurring financial charges | 65 | €278 | €457 | +€179 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €15,447 | -€12,627 | -€28,074 | |
| Income taxes | 67/77 | €5,125 | €132 | -€4,993 | -97.4% |
| Profit (loss) for the period | 9904 | €10,321 | -€12,759 | -€23,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,321 | -€12,759 | -€23,081 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.