NEOCOM: 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.
NEOCOM
Largest movements
- Receivables within one year -€26,282
down €26,282 (-30.1%), from €87,309 to €61,027
of which Trade receivables: -€21,282
- Tangible fixed assets -€19,373
down €19,373 (-14.1%), from €137,644 to €118,271
of which Other tangible fixed assets: -€11,115
- Intangible fixed assets -€14,500
down €14,500 (-11.4%), from €126,875 to €112,375
- Debts after one year -€38,170
down €38,170 (-46.6%), from €81,920 to €43,750
of which Other amounts payable: -€33,750
- Current portion of long-term debt -€21,245
down €21,245 (-81.6%), from €26,039 to €4,794
- Other debts +€15,438
up €15,438 (+20.4%), from €75,501 to €90,939
- Trade debts -€15,133
down €15,133 (-40.1%), from €37,703 to €22,570
- Staff costs +€11,388
up €11,388 (+25.0%), from €45,477 to €56,865
- Gross operating margin +€10,123
up €10,123 (+10.2%), from €99,472 to €109,595
- Taxes -€2,734
down €2,734 (-58.4%), from €4,684 to €1,950
- Depreciation +€2,440
up €2,440 (+5.5%), from €44,118 to €46,558
- Financial charges -€2,334
down €2,334 (-62.8%), from €3,718 to €1,384
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 | €355,881 | €295,746 | -€60,135 | -16.9% |
| Fixed assets | 21/28 | €264,519 | €230,646 | -€33,873 | -12.8% |
| Intangible fixed assets | 21 | €126,875 | €112,375 | -€14,500 | -11.4% |
| Tangible fixed assets | 22/27 | €137,644 | €118,271 | -€19,373 | -14.1% |
| Plant, machinery and equipment | 23 | €77,458 | €69,200 | -€8,258 | -10.7% |
| Other tangible fixed assets | 26 | €60,186 | €49,071 | -€11,115 | -18.5% |
| Current assets | 29/58 | €91,362 | €65,100 | -€26,262 | -28.7% |
| Amounts receivable within one year | 40/41 | €87,309 | €61,027 | -€26,282 | -30.1% |
| Trade receivables | 40 | €82,309 | €61,027 | -€21,282 | -25.9% |
| Other amounts receivable | 41 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €5 | €3 | -€2 | -40.0% |
| Deferred charges and accrued income | 490/1 | €4,048 | €4,070 | +€22 | +0.5% |
| Total equity and liabilities | 10/49 | €355,881 | €295,746 | -€60,135 | -16.9% |
| Equity | 10/15 | €95,398 | €96,722 | +€1,324 | +1.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,947 | €76,271 | +€1,324 | +1.8% |
| Amounts payable | 17/49 | €260,483 | €199,024 | -€61,459 | -23.6% |
| Amounts payable after more than one year | 17 | €81,920 | €43,750 | -€38,170 | -46.6% |
| Financial debts | 170/4 | €4,420 | - | -€4,420 | |
| Other amounts payable | 178/9 | €77,500 | €43,750 | -€33,750 | -43.5% |
| Amounts payable within one year | 42/48 | €174,513 | €151,224 | -€23,289 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €26,039 | €4,794 | -€21,245 | -81.6% |
| Financial debts | 43 | €2,096 | €3,183 | +€1,087 | +51.9% |
| Credit institutions | 430/8 | €2,096 | €3,183 | +€1,087 | +51.9% |
| Trade debts | 44 | €37,703 | €22,570 | -€15,133 | -40.1% |
| Suppliers | 440/4 | €37,703 | €22,570 | -€15,133 | -40.1% |
| Taxes, remuneration and social security | 45 | €33,174 | €29,738 | -€3,436 | -10.4% |
| Taxes | 450/3 | €9,886 | €9,937 | +€51 | +0.5% |
| Remuneration and social security | 454/9 | €23,288 | €19,801 | -€3,487 | -15.0% |
| Other amounts payable | 47/48 | €75,501 | €90,939 | +€15,438 | +20.4% |
| Accrued charges and deferred income | 492/3 | €4,050 | €4,050 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €45,477 | €56,865 | +€11,388 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,118 | €46,558 | +€2,440 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €555 | - | -€555 | |
| Other operating charges | 640/8 | €682 | €1,542 | +€860 | +126.1% |
| Gross operating margin | 9900 | €99,472 | €109,595 | +€10,123 | +10.2% |
| Operating profit (loss) | 9901 | €8,640 | €4,630 | -€4,010 | -46.4% |
| Financial income | 75/76B | €135 | €28 | -€107 | -79.3% |
| Recurring financial income | 75 | €135 | €28 | -€107 | -79.3% |
| Financial charges | 65/66B | €3,718 | €1,384 | -€2,334 | -62.8% |
| Recurring financial charges | 65 | €3,718 | €1,384 | -€2,334 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €5,057 | €3,274 | -€1,783 | -35.3% |
| Income taxes | 67/77 | €4,684 | €1,950 | -€2,734 | -58.4% |
| Profit (loss) for the period | 9904 | €373 | €1,324 | +€951 | +255.0% |
| Profit (loss) for the period to be appropriated | 9905 | €373 | €1,324 | +€951 | +255.0% |
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 1 October 2026 via checked.be.