Neocas: 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.
Neocas
Largest movements
- Tangible fixed assets -€40,169
down €40,169 (-20.0%), from €201,134 to €160,966
of which Other tangible fixed assets: -€32,561
- Cash +€32,062
up €32,062 (+49.0%), from €65,475 to €97,537
mainly Net result for the year (+€56,800) and Depreciation (+€47,266)
- Other debts +€33,310
up €33,310 (+376.5%), from €8,847 to €42,157
- Debts after one year -€19,127
down €19,127 (-100.0%), from €19,127 to €0
- Current portion of long-term debt -€15,739
down €15,739 (-80.1%), from €19,660 to €3,921
- Trade debts -€6,020
down €6,020 (-46.9%), from €12,844 to €6,823
- Taxes -€11,427
down €11,427 (-49.3%), from €23,177 to €11,750
- Depreciation -€7,165
down €7,165 (-13.2%), from €54,432 to €47,266
- Financial charges -€2,401
down €2,401 (-58.3%), from €4,118 to €1,717
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 | €342,617 | €336,294 | -€6,322 | -1.8% |
| Fixed assets | 21/28 | €201,384 | €161,216 | -€40,169 | -19.9% |
| Tangible fixed assets | 22/27 | €201,134 | €160,966 | -€40,169 | -20.0% |
| Land and buildings | 22 | €157,787 | €145,062 | -€12,725 | -8.1% |
| Plant, machinery and equipment | 23 | €1,571 | €2,376 | +€805 | +51.2% |
| Furniture and vehicles | 24 | €9,215 | €13,528 | +€4,313 | +46.8% |
| Other tangible fixed assets | 26 | €32,561 | €0 | -€32,561 | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €141,232 | €175,079 | +€33,846 | +24.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €28,262 | €30,769 | +€2,507 | +8.9% |
| Trade receivables | 40 | €28,262 | €26,627 | -€1,635 | -5.8% |
| Other amounts receivable | 41 | €0 | €4,141 | +€4,141 | |
| Current investments | 50/53 | €45,148 | €45,484 | +€336 | +0.7% |
| Cash at bank and in hand | 54/58 | €65,475 | €97,537 | +€32,062 | +49.0% |
| Deferred charges and accrued income | 490/1 | €2,348 | €1,290 | -€1,059 | -45.1% |
| Total equity and liabilities | 10/49 | €342,617 | €336,294 | -€6,322 | -1.8% |
| Equity | 10/15 | €217,390 | €218,110 | +€720 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €204,630 | €205,350 | +€720 | +0.4% |
| Distributable reserves | 133 | €204,630 | €205,350 | +€720 | +0.4% |
| Profit (loss) carried forward | 14 | €360 | €360 | +€0 | +0.1% |
| Provisions and deferred taxes | 16 | €47,242 | €47,242 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €47,242 | €47,242 | = | 0.0% |
| Pensions and similar obligations | 160 | €47,242 | €47,242 | = | 0.0% |
| Amounts payable | 17/49 | €77,985 | €70,942 | -€7,043 | -9.0% |
| Amounts payable after more than one year | 17 | €19,127 | €0 | -€19,127 | -100.0% |
| Financial debts | 170/4 | €19,127 | €0 | -€19,127 | -100.0% |
| Amounts payable within one year | 42/48 | €58,858 | €70,942 | +€12,084 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €19,660 | €3,921 | -€15,739 | -80.1% |
| Trade debts | 44 | €12,844 | €6,823 | -€6,020 | -46.9% |
| Suppliers | 440/4 | €12,844 | €6,823 | -€6,020 | -46.9% |
| Taxes, remuneration and social security | 45 | €17,508 | €18,041 | +€534 | +3.0% |
| Taxes | 450/3 | €15,726 | €16,246 | +€520 | +3.3% |
| Remuneration and social security | 454/9 | €1,781 | €1,795 | +€14 | +0.8% |
| Other amounts payable | 47/48 | €8,847 | €42,157 | +€33,310 | +376.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,432 | €47,266 | -€7,165 | -13.2% |
| Other operating charges | 640/8 | €1,879 | €1,854 | -€25 | -1.3% |
| Non-recurring operating charges | 66A | €1,923 | €24,078 | +€22,156 | +1152.4% |
| Gross operating margin | 9900 | €141,709 | €142,986 | +€1,277 | +0.9% |
| Operating profit (loss) | 9901 | €83,475 | €69,787 | -€13,688 | -16.4% |
| Financial income | 75/76B | €360 | €481 | +€121 | +33.5% |
| Recurring financial income | 75 | €360 | €481 | +€121 | +33.5% |
| Financial charges | 65/66B | €4,118 | €1,717 | -€2,401 | -58.3% |
| Recurring financial charges | 65 | €4,118 | €1,717 | -€2,401 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €79,717 | €68,550 | -€11,167 | -14.0% |
| Income taxes | 67/77 | €23,177 | €11,750 | -€11,427 | -49.3% |
| Profit (loss) for the period | 9904 | €56,540 | €56,800 | +€260 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,540 | €56,800 | +€260 | +0.5% |
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.