NEOCONTROL: 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.
NEOCONTROL
Largest movements
- Stocks and contracts -€169,262
down €169,262 (-89.5%), from €189,057 to €19,795
- Intangible fixed assets -€164,742
down €164,742 (-56.3%), from €292,484 to €127,742
- Cash -€97,581
down €97,581 (-70.9%), from €137,562 to €39,980
mainly Trade debts (-€385,532) and Debts after one year (-€157,664)
- Receivables within one year -€79,340
down €79,340 (-28.1%), from €282,358 to €203,018
of which Trade receivables: -€41,710
- Tangible fixed assets -€28,909
down €28,909 (-38.7%), from €74,776 to €45,867
of which Plant, machinery and equipment: -€25,686
- Trade debts -€385,532
down €385,532 (-79.8%), from €482,840 to €97,308
of which Suppliers: -€391,192
- Debts after one year -€157,664
down €157,664 (-65.8%), from €239,438 to €81,773
- Other debts +€86,117
up €86,117 (+7,558%), from €1,139 to €87,257
- Reserves -€41,793
down €41,793 (-31.9%), from €131,033 to €89,240
- Current portion of long-term debt -€22,042
down €22,042 (-51.0%), from €43,201 to €21,160
- Gross operating margin -€280,849
down €280,849 (-61.0%), from €460,647 to €179,798
- Staff costs -€66,589
down €66,589 (-37.7%), from €176,734 to €110,145
- Depreciation -€60,538
down €60,538 (-69.3%), from €87,409 to €26,871
- Taxes -€26,942
down €26,942 (-75.1%), from €35,894 to €8,952
- Financial charges -€17,711
down €17,711 (-76.8%), from €23,065 to €5,354
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 | €987,906 | €441,171 | -€546,736 | -55.3% |
| Fixed assets | 21/28 | €377,460 | €176,669 | -€200,791 | -53.2% |
| Intangible fixed assets | 21 | €292,484 | €127,742 | -€164,742 | -56.3% |
| Tangible fixed assets | 22/27 | €74,776 | €45,867 | -€28,909 | -38.7% |
| Plant, machinery and equipment | 23 | €39,538 | €13,853 | -€25,686 | -65.0% |
| Furniture and vehicles | 24 | €35,238 | €32,014 | -€3,224 | -9.1% |
| Financial fixed assets | 28 | €10,200 | €3,060 | -€7,140 | -70.0% |
| Current assets | 29/58 | €610,446 | €264,502 | -€345,944 | -56.7% |
| Stocks and contracts in progress | 3 | €189,057 | €19,795 | -€169,262 | -89.5% |
| Stocks | 30/36 | €189,057 | €19,795 | -€169,262 | -89.5% |
| Amounts receivable within one year | 40/41 | €282,358 | €203,018 | -€79,340 | -28.1% |
| Trade receivables | 40 | €231,205 | €189,495 | -€41,710 | -18.0% |
| Other amounts receivable | 41 | €51,153 | €13,523 | -€37,630 | -73.6% |
| Cash at bank and in hand | 54/58 | €137,562 | €39,980 | -€97,581 | -70.9% |
| Deferred charges and accrued income | 490/1 | €1,470 | €1,708 | +€238 | +16.2% |
| Total equity and liabilities | 10/49 | €987,906 | €441,171 | -€546,736 | -55.3% |
| Equity | 10/15 | €146,033 | €96,740 | -€49,293 | -33.8% |
| Contributions | 10/11 | €15,000 | €7,500 | -€7,500 | -50.0% |
| Reserves | 13 | €131,033 | €89,240 | -€41,793 | -31.9% |
| Distributable reserves | 133 | €131,033 | €89,240 | -€41,793 | -31.9% |
| Amounts payable | 17/49 | €841,873 | €344,431 | -€497,443 | -59.1% |
| Amounts payable after more than one year | 17 | €239,438 | €81,773 | -€157,664 | -65.8% |
| Financial debts | 170/4 | €239,438 | €81,773 | -€157,664 | -65.8% |
| Amounts payable within one year | 42/48 | €592,505 | €261,964 | -€330,542 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €43,201 | €21,160 | -€22,042 | -51.0% |
| Trade debts | 44 | €482,840 | €97,308 | -€385,532 | -79.8% |
| Suppliers | 440/4 | €482,840 | €91,648 | -€391,192 | -81.0% |
| Bills of exchange payable | 441 | - | €5,660 | +€5,660 | |
| Advances received on contracts in progress | 46 | €547 | €2,600 | +€2,053 | +375% |
| Taxes, remuneration and social security | 45 | €64,778 | €53,640 | -€11,138 | -17.2% |
| Taxes | 450/3 | €43,868 | €45,425 | +€1,557 | +3.5% |
| Remuneration and social security | 454/9 | €20,911 | €8,215 | -€12,695 | -60.7% |
| Other amounts payable | 47/48 | €1,139 | €87,257 | +€86,117 | +7,558% |
| Accrued charges and deferred income | 492/3 | €9,930 | €693 | -€9,237 | -93.0% |
| Remuneration, social security and pensions | 62 | €176,734 | €110,145 | -€66,589 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,409 | €26,871 | -€60,538 | -69.3% |
| Other operating charges | 640/8 | €6,551 | €4,922 | -€1,628 | -24.9% |
| Gross operating margin | 9900 | €460,647 | €179,798 | -€280,849 | -61.0% |
| Operating profit (loss) | 9901 | €189,954 | €37,860 | -€152,094 | -80.1% |
| Financial income | 75/76B | €38 | €169 | +€131 | +345% |
| Recurring financial income | 75 | €38 | €169 | +€131 | +345% |
| Financial charges | 65/66B | €23,065 | €5,354 | -€17,711 | -76.8% |
| Recurring financial charges | 65 | €23,065 | €5,354 | -€17,711 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | €166,927 | €32,676 | -€134,251 | -80.4% |
| Income taxes | 67/77 | €35,894 | €8,952 | -€26,942 | -75.1% |
| Profit (loss) for the period | 9904 | €131,033 | €23,724 | -€107,309 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €131,033 | €23,724 | -€107,309 | -81.9% |
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 20 October 2026 via checked.be.