NEOJ: 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.
NEOJ
Largest movements
- Tangible fixed assets -€502,076
down €502,076 (-19.1%), from €2.6m to €2.1m
of which Land and buildings: -€494,061
- Receivables within one year +€26,539
up €26,539 (+671.9%), from €3,950 to €30,489
of which Other amounts receivable: +€30,000
- Debts after one year -€497,214
down €497,214 (-55.2%), from €901,404 to €404,191
- Profit (loss) carried forward +€69,808
up €69,808, from -€69,808 to €0
- Other debts -€53,304
down €53,304 (-3.0%), from €1.7m to €1.7m
- Gross operating margin +€146,880
up €146,880 (+189.7%), from €77,438 to €224,318
- Depreciation +€11,701
up €11,701 (+20.7%), from €56,593 to €68,294
- Financial charges +€10,231
up €10,231 (+28.7%), from €35,688 to €45,919
- Taxes +€8,046
up €8,046 (+8559.6%), from €94 to €8,140
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 | €2,642,761 | €2,170,769 | -€471,993 | -17.9% |
| Fixed assets | 21/28 | €2,623,238 | €2,121,162 | -€502,076 | -19.1% |
| Tangible fixed assets | 22/27 | €2,623,238 | €2,121,162 | -€502,076 | -19.1% |
| Land and buildings | 22 | €2,588,584 | €2,094,523 | -€494,061 | -19.1% |
| Furniture and vehicles | 24 | €34,654 | €26,639 | -€8,015 | -23.1% |
| Current assets | 29/58 | €19,523 | €49,606 | +€30,083 | +154.1% |
| Amounts receivable within one year | 40/41 | €3,950 | €30,489 | +€26,539 | +671.9% |
| Trade receivables | 40 | €3,950 | €489 | -€3,461 | -87.6% |
| Other amounts receivable | 41 | €0 | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €14,884 | €18,411 | +€3,527 | +23.7% |
| Deferred charges and accrued income | 490/1 | €689 | €706 | +€17 | +2.4% |
| Total equity and liabilities | 10/49 | €2,642,761 | €2,170,769 | -€471,993 | -17.9% |
| Equity | 10/15 | -€59,808 | €33,659 | +€93,467 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €23,659 | +€23,659 | |
| Distributable reserves | 133 | - | €23,659 | +€23,659 | |
| Profit (loss) carried forward | 14 | -€69,808 | €0 | +€69,808 | |
| Amounts payable | 17/49 | €2,702,569 | €2,137,109 | -€565,460 | -20.9% |
| Amounts payable after more than one year | 17 | €901,404 | €404,191 | -€497,214 | -55.2% |
| Financial debts | 170/4 | €901,404 | €404,191 | -€497,214 | -55.2% |
| Amounts payable within one year | 42/48 | €1,794,390 | €1,729,839 | -€64,551 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €39,550 | €23,838 | -€15,712 | -39.7% |
| Trade debts | 44 | €5,723 | €2,047 | -€3,676 | -64.2% |
| Suppliers | 440/4 | €5,723 | €2,047 | -€3,676 | -64.2% |
| Taxes, remuneration and social security | 45 | €94 | €8,234 | +€8,140 | +8659.6% |
| Taxes | 450/3 | €94 | €8,234 | +€8,140 | +8659.6% |
| Other amounts payable | 47/48 | €1,749,023 | €1,695,719 | -€53,304 | -3.0% |
| Accrued charges and deferred income | 492/3 | €6,775 | €3,080 | -€3,695 | -54.5% |
| Remuneration, social security and pensions | 62 | €1,840 | €0 | -€1,840 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,593 | €68,294 | +€11,701 | +20.7% |
| Other operating charges | 640/8 | €8,895 | €8,498 | -€398 | -4.5% |
| Gross operating margin | 9900 | €77,438 | €224,318 | +€146,880 | +189.7% |
| Operating profit (loss) | 9901 | €10,110 | €147,526 | +€137,416 | +1359.2% |
| Financial charges | 65/66B | €35,688 | €45,919 | +€10,231 | +28.7% |
| Recurring financial charges | 65 | €35,688 | €45,919 | +€10,231 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,578 | €101,607 | +€127,185 | |
| Income taxes | 67/77 | €94 | €8,140 | +€8,046 | +8559.6% |
| Profit (loss) for the period | 9904 | -€25,672 | €93,467 | +€119,139 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,672 | €93,467 | +€119,139 |
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 8 October 2026 via checked.be.