NEOCONCEPT: 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.
NEOCONCEPT
Largest movements
- Cash -€208,420
down €208,420 (-91.4%), from €227,951 to €19,531
mainly Trade debts (-€183,833) and Receivables after one year (-€150,000)
- Receivables within one year -€168,022
down €168,022 (-57.9%), from €290,110 to €122,088
of which Trade receivables: -€192,988
- Receivables after one year +€150,000
up €150,000 (+51.7%), from €290,000 to €440,000
- Tangible fixed assets -€19,513
down €19,513 (-7.0%), from €280,282 to €260,769
of which Land and buildings: -€15,750
- Trade debts -€183,833
down €183,833 (-87.5%), from €210,028 to €26,194
- Tax, wage and social debts -€92,588
down €92,588 (-45.9%), from €201,615 to €109,027
of which Taxes: -€85,346
- Reserves +€35,000
up €35,000 (+21.6%), from €161,860 to €196,860
of which Distributable reserves: +€35,000
- Gross operating margin -€185,734
down €185,734 (-40.6%), from €457,549 to €271,815
- Staff costs -€81,659
down €81,659 (-28.1%), from €290,339 to €208,680
- Taxes -€44,000
down €44,000 (-88.0%), from €50,000 to €6,000
- Other operating charges +€15,588
up €15,588 (+559%), from €2,787 to €18,375
- Financial income +€14,761
up €14,761 (+203%), from €7,259 to €22,020
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,092,546 | €852,447 | -€240,099 | -22.0% |
| Fixed assets | 21/28 | €283,194 | €263,681 | -€19,513 | -6.9% |
| Tangible fixed assets | 22/27 | €280,282 | €260,769 | -€19,513 | -7.0% |
| Land and buildings | 22 | €272,639 | €256,889 | -€15,750 | -5.8% |
| Furniture and vehicles | 24 | €7,643 | €3,880 | -€3,763 | -49.2% |
| Financial fixed assets | 28 | €2,912 | €2,912 | = | 0.0% |
| Current assets | 29/58 | €809,353 | €588,766 | -€220,586 | -27.3% |
| Amounts receivable after more than one year | 29 | €290,000 | €440,000 | +€150,000 | +51.7% |
| Other amounts receivable | 291 | €290,000 | €440,000 | +€150,000 | +51.7% |
| Amounts receivable within one year | 40/41 | €290,110 | €122,088 | -€168,022 | -57.9% |
| Trade receivables | 40 | €265,330 | €72,342 | -€192,988 | -72.7% |
| Other amounts receivable | 41 | €24,780 | €49,746 | +€24,966 | +101% |
| Cash at bank and in hand | 54/58 | €227,951 | €19,531 | -€208,420 | -91.4% |
| Deferred charges and accrued income | 490/1 | €1,291 | €7,147 | +€5,856 | +454% |
| Total equity and liabilities | 10/49 | €1,092,546 | €852,447 | -€240,099 | -22.0% |
| Equity | 10/15 | €680,577 | €717,226 | +€36,648 | +5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €161,860 | €196,860 | +€35,000 | +21.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €160,000 | €195,000 | +€35,000 | +21.9% |
| Profit (loss) carried forward | 14 | €512,517 | €514,166 | +€1,648 | +0.3% |
| Amounts payable | 17/49 | €411,969 | €135,222 | -€276,747 | -67.2% |
| Amounts payable within one year | 42/48 | €411,969 | €135,222 | -€276,747 | -67.2% |
| Trade debts | 44 | €210,028 | €26,194 | -€183,833 | -87.5% |
| Suppliers | 440/4 | €210,028 | €26,194 | -€183,833 | -87.5% |
| Taxes, remuneration and social security | 45 | €201,615 | €109,027 | -€92,588 | -45.9% |
| Taxes | 450/3 | €149,094 | €63,748 | -€85,346 | -57.2% |
| Remuneration and social security | 454/9 | €52,522 | €45,279 | -€7,242 | -13.8% |
| Other amounts payable | 47/48 | €326 | - | -€326 | |
| Remuneration, social security and pensions | 62 | €290,339 | €208,680 | -€81,659 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,037 | €19,513 | -€3,524 | -15.3% |
| Other operating charges | 640/8 | €2,787 | €18,375 | +€15,588 | +559% |
| Gross operating margin | 9900 | €457,549 | €271,815 | -€185,734 | -40.6% |
| Operating profit (loss) | 9901 | €141,386 | €25,248 | -€116,139 | -82.1% |
| Financial income | 75/76B | €7,259 | €22,020 | +€14,761 | +203% |
| Recurring financial income | 75 | €7,259 | €22,020 | +€14,761 | +203% |
| Financial charges | 65/66B | €1,972 | €4,619 | +€2,647 | +134% |
| Recurring financial charges | 65 | €1,972 | €4,619 | +€2,647 | +134% |
| Profit (loss) for the period before taxes | 9903 | €146,673 | €42,648 | -€104,025 | -70.9% |
| Income taxes | 67/77 | €50,000 | €6,000 | -€44,000 | -88.0% |
| Profit (loss) for the period | 9904 | €96,673 | €36,648 | -€60,025 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €96,673 | €36,648 | -€60,025 | -62.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.