NEODIAM: 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.
NEODIAM
Largest movements
- Stocks and contracts -€273,088
down €273,088 (-22.0%), from €1.2m to €969,141
- Receivables within one year -€178,608
down €178,608 (-72.1%), from €247,849 to €69,241
of which Trade receivables: -€178,945
- Cash -€16,205
down €16,205 (-16.4%), from €98,671 to €82,466
mainly Trade debts (-€236,734) and Net result for the year (-€189,830)
- Trade debts -€236,734
down €236,734 (-44.5%), from €531,830 to €295,096
- Profit (loss) carried forward -€189,830
down €189,830, from €101,383 to -€88,447
- Other debts -€23,950
down €23,950 (-10.6%), from €226,117 to €202,167
- Tax, wage and social debts -€17,426
down €17,426 (-55.7%), from €31,277 to €13,851
of which Taxes: -€19,261
- Turnover -€2.8m
no longer reported in 2025 (was €2.8m)
- Purchases and services -€2.7m
no longer reported in 2025 (was €2.7m)
- Write-downs +€168,182
new in 2025: €168,182
- Gross operating margin -€120,432
down €120,432, from €80,479 to -€39,953
- Financial charges -€56,123
down €56,123 (-59.6%), from €94,104 to €37,982
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 | €1,598,396 | €1,129,586 | -€468,810 | -29.3% |
| Fixed assets | 21/28 | €6,138 | €5,912 | -€226 | -3.7% |
| Tangible fixed assets | 22/27 | €6,138 | €2,453 | -€3,684 | -60.0% |
| Plant, machinery and equipment | 23 | - | €2,453 | +€2,453 | |
| Furniture and vehicles | 24 | €6,138 | €0 | -€6,138 | -100.0% |
| Financial fixed assets | 28 | - | €3,458 | +€3,458 | |
| Current assets | 29/58 | €1,592,258 | €1,123,674 | -€468,584 | -29.4% |
| Stocks and contracts in progress | 3 | €1,242,229 | €969,141 | -€273,088 | -22.0% |
| Stocks | 30/36 | €1,242,229 | €969,141 | -€273,088 | -22.0% |
| Amounts receivable within one year | 40/41 | €247,849 | €69,241 | -€178,608 | -72.1% |
| Trade receivables | 40 | €247,795 | €68,850 | -€178,945 | -72.2% |
| Other amounts receivable | 41 | €54 | €391 | +€337 | +620.6% |
| Cash at bank and in hand | 54/58 | €98,671 | €82,466 | -€16,205 | -16.4% |
| Deferred charges and accrued income | 490/1 | €3,509 | €2,827 | -€683 | -19.5% |
| Total equity and liabilities | 10/49 | €1,598,396 | €1,129,586 | -€468,810 | -29.3% |
| Equity | 10/15 | €807,792 | €617,961 | -€189,830 | -23.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €700,208 | €700,208 | = | 0.0% |
| Tax-exempt reserves | 132 | €211 | €211 | = | 0.0% |
| Distributable reserves | 133 | €699,998 | €699,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,383 | -€88,447 | -€189,830 | |
| Amounts payable | 17/49 | €790,604 | €511,624 | -€278,980 | -35.3% |
| Amounts payable within one year | 42/48 | €790,604 | €511,624 | -€278,980 | -35.3% |
| Financial debts | 43 | €1,380 | €511 | -€869 | -63.0% |
| Other loans | 439 | €1,380 | €511 | -€869 | -63.0% |
| Trade debts | 44 | €531,830 | €295,096 | -€236,734 | -44.5% |
| Suppliers | 440/4 | €531,830 | €295,096 | -€236,734 | -44.5% |
| Taxes, remuneration and social security | 45 | €31,277 | €13,851 | -€17,426 | -55.7% |
| Taxes | 450/3 | €31,277 | €12,016 | -€19,261 | -61.6% |
| Remuneration and social security | 454/9 | - | €1,835 | +€1,835 | |
| Other amounts payable | 47/48 | €226,117 | €202,167 | -€23,950 | -10.6% |
| Turnover | 70 | €2,818,016 | - | -€2.8m | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,737,756 | - | -€2.7m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,950 | €6,679 | -€2,270 | -25.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €168,182 | +€168,182 | |
| Other operating charges | 640/8 | €1,289 | €1,429 | +€140 | +10.9% |
| Gross operating margin | 9900 | €80,479 | -€39,953 | -€120,432 | |
| Operating profit (loss) | 9901 | €70,241 | -€216,243 | -€286,484 | |
| Financial income | 75/76B | €37,459 | €64,722 | +€27,263 | +72.8% |
| Recurring financial income | 75 | €37,459 | €64,722 | +€27,263 | +72.8% |
| Financial charges | 65/66B | €94,104 | €37,982 | -€56,123 | -59.6% |
| Recurring financial charges | 65 | €94,104 | €37,982 | -€56,123 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €13,596 | -€189,502 | -€203,098 | |
| Income taxes | 67/77 | €4,034 | €328 | -€3,706 | -91.9% |
| Profit (loss) for the period | 9904 | €9,562 | -€189,830 | -€199,392 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,562 | -€189,830 | -€199,392 |
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 4 October 2026 via checked.be.