NEO-X-GROUP: 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-X-GROUP
Largest movements
- Cash -€55,627
down €55,627 (-94.1%), from €59,092 to €3,465
mainly Net result for the year (-€567,133) and Advances received (-€38,225)
- Receivables within one year +€17,845
up €17,845 (+26.6%), from €67,040 to €84,885
of which Trade receivables: +€25,535
- Trade debts +€571,296
up €571,296 (+1,654%), from €34,548 to €605,844
- Profit (loss) carried forward -€567,133
down €567,133, from €42,701 to -€524,432
- Advances received -€38,225
no longer reported in 2025 (was €38,225)
- Tax, wage and social debts -€5,570
down €5,570 (-99.4%), from €5,606 to €36
- Other debts +€1,850
up €1,850 (+3,558%), from €52 to €1,902
- Taxes +€518,043
up €518,043 (+9,289%), from €5,577 to €523,620
- Gross operating margin -€38,832
down €38,832, from €23,675 to -€15,157
- Other operating charges +€26,999
up €26,999 (+5,744%), from €470 to €27,469
- Financial charges -€3,891
down €3,891 (-81.4%), from €4,778 to €887
of which Non-recurring financial charges: -€3,800
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.
Derived cash bridge
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 | €126,132 | €88,350 | -€37,782 | -30.0% |
| Current assets | 29/58 | €126,132 | €88,350 | -€37,782 | -30.0% |
| Amounts receivable within one year | 40/41 | €67,040 | €84,885 | +€17,845 | +26.6% |
| Trade receivables | 40 | €57,673 | €83,208 | +€25,535 | +44.3% |
| Other amounts receivable | 41 | €9,367 | €1,677 | -€7,690 | -82.1% |
| Cash at bank and in hand | 54/58 | €59,092 | €3,465 | -€55,627 | -94.1% |
| Total equity and liabilities | 10/49 | €126,132 | €88,350 | -€37,782 | -30.0% |
| Equity | 10/15 | €47,701 | -€519,432 | -€567,133 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,701 | -€524,432 | -€567,133 | |
| Amounts payable | 17/49 | €78,431 | €607,782 | +€529,351 | +675% |
| Amounts payable within one year | 42/48 | €78,431 | €607,782 | +€529,351 | +675% |
| Trade debts | 44 | €34,548 | €605,844 | +€571,296 | +1,654% |
| Suppliers | 440/4 | €34,548 | €605,844 | +€571,296 | +1,654% |
| Advances received on contracts in progress | 46 | €38,225 | - | -€38,225 | |
| Taxes, remuneration and social security | 45 | €5,606 | €36 | -€5,570 | -99.4% |
| Taxes | 450/3 | €5,606 | €36 | -€5,570 | -99.4% |
| Other amounts payable | 47/48 | €52 | €1,902 | +€1,850 | +3,558% |
| Other operating charges | 640/8 | €470 | €27,469 | +€26,999 | +5,744% |
| Non-recurring operating charges | 66A | €297 | - | -€297 | |
| Gross operating margin | 9900 | €23,675 | -€15,157 | -€38,832 | |
| Operating profit (loss) | 9901 | €22,908 | -€42,626 | -€65,534 | |
| Financial charges | 65/66B | €4,778 | €887 | -€3,891 | -81.4% |
| Recurring financial charges | 65 | €978 | €887 | -€91 | -9.3% |
| Non-recurring financial charges | 66B | €3,800 | - | -€3,800 | |
| Profit (loss) for the period before taxes | 9903 | €18,130 | -€43,513 | -€61,643 | |
| Income taxes | 67/77 | €5,577 | €523,620 | +€518,043 | +9,289% |
| Profit (loss) for the period | 9904 | €12,553 | -€567,133 | -€579,686 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,553 | -€567,133 | -€579,686 |
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 1 November 2026 via checked.be.