NEO-TECH: what changed
Two fiscal 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.
What changed
NEO-TECH
NACE 46.649, Wholesale of other machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€884,054
2024 · €320,538+€563,516
Equity
€5.6m
2024 · €5.1m+€534,054
Cash
€1.4m
2024 · €753,122+€617,224
Balance sheet total
€9.4m
2024 · €8.9m+€553,508
Largest movements
Assets
- Stocks and contracts -€1.5m
down €1.5m (-64.8%), from €2.3m to €806,849
of which Contracts in progress: -€1.5m
- Receivables within one year +€1.4m
up €1.4m (+28.7%), from €5.0m to €6.5m
of which Trade receivables: +€1.5m
- Cash +€617,224
up €617,224 (+82.0%), from €753,122 to €1.4m
mainly Stocks and contracts (+€1.5m) and Net result for the year (+€884,054)
Equity and liabilities
- Trade debts +€875,037
up €875,037 (+65.3%), from €1.3m to €2.2m
- Advances received -€652,230
down €652,230 (-63.5%), from €1.0m to €375,067
- Profit (loss) carried forward +€534,054
up €534,054 (+12.7%), from €4.2m to €4.7m
- Short-term financial debts -€400,000
down €400,000 (-100.0%), from €400,000 to €0
- Tax, wage and social debts +€142,336
up €142,336 (+19.5%), from €731,039 to €873,374
of which Taxes: +€79,781
Income statement
- Turnover +€6.9m
up €6.9m (+174.9%), from €4.0m to €10.9m
- Services and other goods +€1.2m
up €1.2m (+53.5%), from €2.3m to €3.5m
- Goods and materials -€1.1m
down €1.1m (-22.8%), from €4.9m to €3.7m
of which Purchases: -€1.2m
- Taxes +€329,133
up €329,133 (+217795.6%), from €151 to €329,284
- Staff costs +€223,473
up €223,473 (+14.2%), from €1.6m to €1.8m
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.
Result 2024
€320,538
Turnover
+€6.9m
Other operating income
-€7,535
Goods and materials
+€1.1m
Services and other goods
-€1.2m
Staff costs
-€223,473
Depreciation
+€672
Write-downs
+€70,019
Other operating charges
-€17,328
Other operating items
-€5.8m
Financial income
-€5,985
Financial charges
+€21,940
Taxes
-€329,133
Result 2025
€884,054
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.
From operations
+€1.4m
Investment
-€7,819
Financing
-€775,032
Cash 2024
€753,122
From operations (derived)
+€1.4m
Net result for the year
+€884,054
Depreciation
+€60,829
Stocks and contracts
+€1.5m
Receivables within one year
-€1.4m
Deferred charges and accrued income
-€30,952
Trade debts
+€875,037
Tax, wage and social debts
+€142,336
Advances received
-€652,230
Other debts
+€79,343
Investment (derived)
-€7,819
Investment in fixed assets (net)
-€7,819
Financing
-€775,032
Current portion of long-term debt
-€25,032
Short-term financial debts
-€400,000
Contributions, distributions and other
-€350,000
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,858,028 | €9,411,535 | +€553,508 | +6.2% |
| Fixed assets | 21/28 | €757,257 | €704,247 | -€53,010 | -7.0% |
| Intangible fixed assets | 21 | €32,039 | €26,655 | -€5,384 | -16.8% |
| Tangible fixed assets | 22/27 | €716,875 | €671,069 | -€45,806 | -6.4% |
| Land and buildings | 22 | €609,543 | €587,970 | -€21,574 | -3.5% |
| Plant, machinery and equipment | 23 | €84,641 | €64,925 | -€19,716 | -23.3% |
| Furniture and vehicles | 24 | €22,691 | €18,174 | -€4,517 | -19.9% |
| Financial fixed assets | 28 | €8,343 | €6,523 | -€1,820 | -21.8% |
| Other financial fixed assets | 284/8 | €8,343 | €6,523 | -€1,820 | -21.8% |
| Amounts receivable and cash guarantees | 285/8 | €8,343 | €6,523 | -€1,820 | -21.8% |
| Current assets | 29/58 | €8,100,771 | €8,707,288 | +€606,517 | +7.5% |
| Stocks and contracts in progress | 3 | €2,295,412 | €806,849 | -€1.5m | -64.8% |
| Stocks | 30/36 | €421,242 | €411,131 | -€10,111 | -2.4% |
| Goods purchased for resale | 34 | €421,242 | €411,131 | -€10,111 | -2.4% |
| Contracts in progress | 37 | €1,874,170 | €395,718 | -€1.5m | -78.9% |
| Amounts receivable within one year | 40/41 | €5,049,297 | €6,496,201 | +€1.4m | +28.7% |
| Trade receivables | 40 | €4,864,669 | €6,408,956 | +€1.5m | +31.7% |
| Other amounts receivable | 41 | €184,629 | €87,245 | -€97,383 | -52.7% |
| Cash at bank and in hand | 54/58 | €753,122 | €1,370,346 | +€617,224 | +82.0% |
| Deferred charges and accrued income | 490/1 | €2,939 | €33,892 | +€30,952 | +1053.0% |
| Total equity and liabilities | 10/49 | €8,858,028 | €9,411,535 | +€553,508 | +6.2% |
| Equity | 10/15 | €5,072,354 | €5,606,408 | +€534,054 | +10.5% |
| Contributions | 10/11 | €416,060 | €416,060 | = | 0.0% |
| Capital | 10 | €416,060 | €416,060 | = | 0.0% |
| Issued capital | 100 | €426,016 | €426,016 | = | 0.0% |
| Uncalled capital | 101 | €9,956 | €9,956 | = | 0.0% |
| Reserves | 13 | €465,602 | €465,602 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,602 | €42,602 | = | 0.0% |
| Legal reserve | 130 | €42,602 | €42,602 | = | 0.0% |
| Distributable reserves | 133 | €423,000 | €423,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,190,692 | €4,724,746 | +€534,054 | +12.7% |
| Amounts payable | 17/49 | €3,785,674 | €3,805,128 | +€19,454 | +0.5% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Credit institutions | 173 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €3,785,674 | €3,805,128 | +€19,454 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €25,032 | €0 | -€25,032 | -100.0% |
| Financial debts | 43 | €400,000 | €0 | -€400,000 | -100.0% |
| Credit institutions | 430/8 | €400,000 | €0 | -€400,000 | -100.0% |
| Trade debts | 44 | €1,339,955 | €2,214,992 | +€875,037 | +65.3% |
| Suppliers | 440/4 | €1,339,955 | €2,214,992 | +€875,037 | +65.3% |
| Advances received on contracts in progress | 46 | €1,027,297 | €375,067 | -€652,230 | -63.5% |
| Taxes, remuneration and social security | 45 | €731,039 | €873,374 | +€142,336 | +19.5% |
| Taxes | 450/3 | €7,770 | €87,551 | +€79,781 | +1026.8% |
| Remuneration and social security | 454/9 | €723,269 | €785,823 | +€62,554 | +8.6% |
| Other amounts payable | 47/48 | €262,351 | €341,695 | +€79,343 | +30.2% |
| Operating income | 70/76A | €9,349,015 | €10,508,720 | +€1.2m | +12.4% |
| Turnover | 70 | €3,964,013 | €10,898,166 | +€6.9m | +174.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €4,835,167 | -€411,700 | -€5.2m | |
| Other operating income | 74 | €29,789 | €22,254 | -€7,535 | -25.3% |
| Non-recurring operating income | 76A | €520,046 | €0 | -€520,046 | -100.0% |
| Operating charges | 60/66A | €8,893,047 | €9,176,059 | +€283,012 | +3.2% |
| Goods for resale, raw materials and consumables | 60 | €4,851,081 | €3,743,403 | -€1.1m | -22.8% |
| Purchases | 600/8 | €4,902,986 | €3,735,938 | -€1.2m | -23.8% |
| Change in stocks: decrease (increase) | 609 | -€51,905 | €7,465 | +€59,370 | |
| Services and other goods | 61 | €2,281,317 | €3,501,897 | +€1.2m | +53.5% |
| Remuneration, social security and pensions | 62 | €1,573,885 | €1,797,358 | +€223,473 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,501 | €60,829 | -€672 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €70,019 | €0 | -€70,019 | -100.0% |
| Other operating charges | 640/8 | €55,244 | €72,572 | +€17,328 | +31.4% |
| Operating profit (loss) | 9901 | €455,968 | €1,332,661 | +€876,694 | +192.3% |
| Financial income | 75/76B | €15,374 | €9,389 | -€5,985 | -38.9% |
| Recurring financial income | 75 | €15,374 | €9,389 | -€5,985 | -38.9% |
| Other financial income | 752/9 | €15,374 | €9,389 | -€5,985 | -38.9% |
| Financial charges | 65/66B | €150,653 | €128,712 | -€21,940 | -14.6% |
| Recurring financial charges | 65 | €150,653 | €128,712 | -€21,940 | -14.6% |
| Debt charges | 650 | €3,254 | €4,709 | +€1,455 | +44.7% |
| Other financial charges | 652/9 | €147,399 | €124,004 | -€23,395 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €320,689 | €1,213,338 | +€892,649 | +278.4% |
| Income taxes | 67/77 | €151 | €329,284 | +€329,133 | +217795.6% |
| Taxes | 670/3 | €151 | €329,284 | +€329,133 | +217795.6% |
| Profit (loss) for the period | 9904 | €320,538 | €884,054 | +€563,516 | +175.8% |
| Profit (loss) for the period to be appropriated | 9905 | €320,538 | €884,054 | +€563,516 | +175.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.