NEOLABO: 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.
NEOLABO
Largest movements
- Stocks and contracts -€133,831
down €133,831 (-24.9%), from €536,698 to €402,868
- Cash -€51,644
down €51,644 (-20.3%), from €253,969 to €202,325
mainly Trade debts (-€540,376) and Debts after one year (-€45,830)
- Tangible fixed assets -€23,002
down €23,002 (-37.1%), from €62,052 to €39,050
of which Plant, machinery and equipment: -€15,861
- Trade debts -€540,376
down €540,376 (-64.0%), from €844,111 to €303,735
- Other debts +€303,465
up €303,465 (+924.4%), from €32,830 to €336,294
- Reserves +€80,289
up €80,289 (+392.8%), from €20,440 to €100,729
of which Distributable reserves: +€80,289
- Debts after one year -€45,830
down €45,830 (-38.9%), from €117,704 to €71,874
- Current portion of long-term debt -€24,327
down €24,327 (-28.4%), from €85,710 to €61,383
- Gross operating margin +€86,962
up €86,962 (+10.0%), from €869,042 to €956,004
- Staff costs +€11,784
up €11,784 (+1.4%), from €827,917 to €839,701
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 | €1,309,721 | €1,104,345 | -€205,375 | -15.7% |
| Fixed assets | 21/28 | €74,074 | €47,316 | -€26,758 | -36.1% |
| Intangible fixed assets | 21 | €12,022 | €8,266 | -€3,756 | -31.2% |
| Tangible fixed assets | 22/27 | €62,052 | €39,050 | -€23,002 | -37.1% |
| Plant, machinery and equipment | 23 | €41,483 | €25,622 | -€15,861 | -38.2% |
| Furniture and vehicles | 24 | €6,602 | €4,346 | -€2,256 | -34.2% |
| Other tangible fixed assets | 26 | €13,967 | €9,082 | -€4,884 | -35.0% |
| Current assets | 29/58 | €1,235,646 | €1,057,029 | -€178,617 | -14.5% |
| Stocks and contracts in progress | 3 | €536,698 | €402,868 | -€133,831 | -24.9% |
| Stocks | 30/36 | €536,698 | €402,868 | -€133,831 | -24.9% |
| Amounts receivable within one year | 40/41 | €429,383 | €437,696 | +€8,313 | +1.9% |
| Trade receivables | 40 | €415,858 | €432,441 | +€16,583 | +4.0% |
| Other amounts receivable | 41 | €13,525 | €5,255 | -€8,270 | -61.1% |
| Cash at bank and in hand | 54/58 | €253,969 | €202,325 | -€51,644 | -20.3% |
| Deferred charges and accrued income | 490/1 | €15,596 | €14,140 | -€1,456 | -9.3% |
| Total equity and liabilities | 10/49 | €1,309,721 | €1,104,345 | -€205,375 | -15.7% |
| Equity | 10/15 | €120,440 | €200,729 | +€80,289 | +66.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €20,440 | €100,729 | +€80,289 | +392.8% |
| Tax-exempt reserves | 132 | €3,223 | €3,223 | = | 0.0% |
| Distributable reserves | 133 | €17,217 | €97,506 | +€80,289 | +466.3% |
| Amounts payable | 17/49 | €1,189,281 | €903,617 | -€285,664 | -24.0% |
| Amounts payable after more than one year | 17 | €117,704 | €71,874 | -€45,830 | -38.9% |
| Financial debts | 170/4 | €117,704 | €71,874 | -€45,830 | -38.9% |
| Amounts payable within one year | 42/48 | €1,071,577 | €831,743 | -€239,834 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €85,710 | €61,383 | -€24,327 | -28.4% |
| Trade debts | 44 | €844,111 | €303,735 | -€540,376 | -64.0% |
| Suppliers | 440/4 | €844,111 | €303,735 | -€540,376 | -64.0% |
| Taxes, remuneration and social security | 45 | €108,927 | €130,331 | +€21,403 | +19.6% |
| Taxes | 450/3 | - | €16,961 | +€16,961 | |
| Remuneration and social security | 454/9 | €108,927 | €113,369 | +€4,442 | +4.1% |
| Other amounts payable | 47/48 | €32,830 | €336,294 | +€303,465 | +924.4% |
| Non-recurring operating income | 76A | €16,767 | €548 | -€16,220 | -96.7% |
| Remuneration, social security and pensions | 62 | €827,917 | €839,701 | +€11,784 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,707 | €26,758 | +€50 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,770 | €0 | +€1,770 | |
| Other operating charges | 640/8 | €7,959 | €4,655 | -€3,304 | -41.5% |
| Gross operating margin | 9900 | €869,042 | €956,004 | +€86,962 | +10.0% |
| Operating profit (loss) | 9901 | €8,229 | €84,890 | +€76,661 | +931.6% |
| Financial income | 75/76B | €893 | €322 | -€571 | -64.0% |
| Recurring financial income | 75 | €893 | €322 | -€571 | -64.0% |
| Financial charges | 65/66B | €4,653 | €3,445 | -€1,208 | -26.0% |
| Recurring financial charges | 65 | €4,653 | €3,445 | -€1,208 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €4,469 | €81,767 | +€77,299 | +1729.8% |
| Income taxes | 67/77 | €1,458 | €1,478 | +€20 | +1.3% |
| Profit (loss) for the period | 9904 | €3,010 | €80,289 | +€77,279 | +2567.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,010 | €80,289 | +€77,279 | +2567.3% |
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 5 October 2026 via checked.be.