Neogaz: 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.
Neogaz
Largest movements
- Current investments +€83,750
new in 2025: €83,750
- Receivables within one year -€20,049
down €20,049 (-40.5%), from €49,490 to €29,442
of which Trade receivables: -€20,049
- Profit (loss) carried forward +€51,679
up €51,679 (+38.8%), from €133,283 to €184,962
- Tax, wage and social debts +€9,855
up €9,855 (+40.5%), from €24,319 to €34,173
- Turnover -€166,080
no longer reported in 2025 (was €166,080)
- Gross operating margin -€68,257
down €68,257 (-49.0%), from €139,383 to €71,125
- Purchases and services -€28,447
no longer reported in 2025 (was €28,447)
- Taxes -€10,791
down €10,791 (-36.3%), from €29,715 to €18,924
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 | €158,932 | €220,933 | +€62,000 | +39.0% |
| Formation expenses | 20 | - | €585 | +€585 | |
| Fixed assets | 21/28 | €1,354 | €176 | -€1,178 | -87.0% |
| Intangible fixed assets | 21 | €820 | - | -€820 | |
| Tangible fixed assets | 22/27 | €534 | €176 | -€358 | -67.1% |
| Furniture and vehicles | 24 | €534 | €176 | -€358 | -67.1% |
| Current assets | 29/58 | €157,579 | €220,172 | +€62,593 | +39.7% |
| Amounts receivable within one year | 40/41 | €49,490 | €29,442 | -€20,049 | -40.5% |
| Trade receivables | 40 | €49,490 | €29,442 | -€20,049 | -40.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | - | €83,750 | +€83,750 | |
| Cash at bank and in hand | 54/58 | €108,089 | €106,980 | -€1,108 | -1.0% |
| Total equity and liabilities | 10/49 | €158,932 | €220,933 | +€62,000 | +39.0% |
| Equity | 10/15 | €134,283 | €185,962 | +€51,679 | +38.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,283 | €184,962 | +€51,679 | +38.8% |
| Amounts payable | 17/49 | €24,649 | €34,971 | +€10,322 | +41.9% |
| Amounts payable within one year | 42/48 | €24,649 | €34,971 | +€10,322 | +41.9% |
| Trade debts | 44 | €113 | €574 | +€461 | +406.8% |
| Suppliers | 440/4 | €113 | €574 | +€461 | +406.8% |
| Taxes, remuneration and social security | 45 | €24,319 | €34,173 | +€9,855 | +40.5% |
| Taxes | 450/3 | €24,319 | €34,173 | +€9,855 | +40.5% |
| Other amounts payable | 47/48 | €217 | €223 | +€6 | +2.7% |
| Turnover | 70 | €166,080 | - | -€166,080 | |
| Goods, raw materials, services and sundry goods | 60/61 | €28,447 | - | -€28,447 | |
| Remuneration, social security and pensions | 62 | €171 | -€124 | -€296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €593 | = | 0.0% |
| Gross operating margin | 9900 | €139,383 | €71,125 | -€68,257 | -49.0% |
| Operating profit (loss) | 9901 | €138,618 | €70,657 | -€67,962 | -49.0% |
| Financial charges | 65/66B | €80 | €54 | -€26 | -32.5% |
| Recurring financial charges | 65 | €80 | €54 | -€26 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €138,538 | €70,603 | -€67,936 | -49.0% |
| Income taxes | 67/77 | €29,715 | €18,924 | -€10,791 | -36.3% |
| Profit (loss) for the period | 9904 | €108,823 | €51,679 | -€57,145 | -52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €108,823 | €51,679 | -€57,145 | -52.5% |
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 30 September 2026 via checked.be.