NEOGEN: 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.
NEOGEN
Largest movements
- Receivables within one year +€2.4m
up €2.4m (+21.2%), from €11.4m to €13.8m
of which Other amounts receivable: +€2.7m
- Intangible fixed assets -€312,318
down €312,318 (-19.3%), from €1.6m to €1.3m
- Profit (loss) carried forward +€2.9m
up €2.9m (+69.4%), from -€4.1m to -€1.3m
- Trade debts -€494,362
down €494,362 (-59.9%), from €825,691 to €331,329
- Accrued charges and deferred income -€431,477
down €431,477 (-11.9%), from €3.6m to €3.2m
- Financial income +€171,234
up €171,234 (+34.4%), from €497,268 to €668,502
- Depreciation -€65,268
down €65,268 (-14.9%), from €437,411 to €372,143
- Write-downs +€46,201
up €46,201, from -€44,341 to €1,860
- Other operating charges +€31,193
up €31,193 (+3248.3%), from €960 to €32,153
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.
Cash bridge derived
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 | €13,101,493 | €15,194,094 | +€2.1m | +16.0% |
| Fixed assets | 21/28 | €1,622,119 | €1,308,624 | -€313,495 | -19.3% |
| Intangible fixed assets | 21 | €1,616,832 | €1,304,514 | -€312,318 | -19.3% |
| Tangible fixed assets | 22/27 | €5,287 | €4,110 | -€1,177 | -22.3% |
| Plant, machinery and equipment | 23 | €5,287 | €4,110 | -€1,177 | -22.3% |
| Current assets | 29/58 | €11,479,374 | €13,885,470 | +€2.4m | +21.0% |
| Amounts receivable within one year | 40/41 | €11,414,890 | €13,836,863 | +€2.4m | +21.2% |
| Trade receivables | 40 | €1,082,044 | €754,833 | -€327,210 | -30.2% |
| Other amounts receivable | 41 | €10,332,847 | €13,082,030 | +€2.7m | +26.6% |
| Cash at bank and in hand | 54/58 | €64,484 | €48,607 | -€15,877 | -24.6% |
| Total equity and liabilities | 10/49 | €13,101,493 | €15,194,094 | +€2.1m | +16.0% |
| Equity | 10/15 | €8,664,572 | €11,683,012 | +€3.0m | +34.8% |
| Contributions | 10/11 | €12,392,600 | €12,392,600 | = | 0.0% |
| Capital | 10 | €7,335,798 | €7,335,798 | = | 0.0% |
| Issued capital | 100 | €7,335,798 | €7,335,798 | = | 0.0% |
| Outside capital | 11 | €5,056,802 | €5,056,802 | = | 0.0% |
| Share premium | 1100/10 | €5,056,802 | €5,056,802 | = | 0.0% |
| Reserves | 13 | €402,606 | €553,529 | +€150,922 | +37.5% |
| Non-distributable reserves | 130/1 | €402,606 | €553,529 | +€150,922 | +37.5% |
| Legal reserve | 130 | €402,606 | €553,529 | +€150,922 | +37.5% |
| Profit (loss) carried forward | 14 | -€4,130,635 | -€1,263,116 | +€2.9m | +69.4% |
| Amounts payable | 17/49 | €4,436,921 | €3,511,082 | -€925,839 | -20.9% |
| Amounts payable within one year | 42/48 | €825,691 | €331,329 | -€494,362 | -59.9% |
| Trade debts | 44 | €825,691 | €331,329 | -€494,362 | -59.9% |
| Suppliers | 440/4 | €825,691 | €331,329 | -€494,362 | -59.9% |
| Accrued charges and deferred income | 492/3 | €3,611,230 | €3,179,753 | -€431,477 | -11.9% |
| Non-recurring operating income | 76A | - | €65,262 | +€65,262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €437,411 | €372,143 | -€65,268 | -14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€44,341 | €1,860 | +€46,201 | |
| Other operating charges | 640/8 | €960 | €32,153 | +€31,193 | +3248.3% |
| Non-recurring operating charges | 66A | €46,674 | - | -€46,674 | |
| Gross operating margin | 9900 | €2,798,557 | €2,779,710 | -€18,847 | -0.7% |
| Operating profit (loss) | 9901 | €2,357,852 | €2,373,553 | +€15,702 | +0.7% |
| Financial income | 75/76B | €497,268 | €668,502 | +€171,234 | +34.4% |
| Recurring financial income | 75 | €497,268 | €668,502 | +€171,234 | +34.4% |
| Financial charges | 65/66B | €3,992 | €23,615 | +€19,624 | +491.6% |
| Recurring financial charges | 65 | €3,992 | €23,615 | +€19,624 | +491.6% |
| Profit (loss) for the period before taxes | 9903 | €2,851,128 | €3,018,440 | +€167,312 | +5.9% |
| Profit (loss) for the period | 9904 | €2,851,128 | €3,018,440 | +€167,312 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,851,128 | €3,018,440 | +€167,312 | +5.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.