Neolektro: what changed
Two financial 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.
Neolektro
Largest movements
- Receivables within one year +€38,945
up €38,945 (+119%), from €32,830 to €71,775
of which Trade receivables: +€34,836
- Tangible fixed assets -€11,152
down €11,152 (-30.9%), from €36,131 to €24,979
of which Furniture and vehicles: -€10,134
- Cash -€4,527
down €4,527 (-29.9%), from €15,146 to €10,619
mainly Receivables within one year (-€38,945) and Other debts (-€5,027)
- Deferred charges and accrued income +€3,473
up €3,473 (+111%), from €3,128 to €6,601
- Stocks and contracts -€1,702
down €1,702 (-9.6%), from €17,813 to €16,110
- Trade debts +€28,830
up €28,830 (+470%), from €6,136 to €34,967
- Other debts -€5,027
down €5,027 (-25.1%), from €19,996 to €14,969
- Short-term financial debts +€4,246
up €4,246 (+96.8%), from €4,387 to €8,632
- Debts after one year -€3,906
down €3,906 (-55.9%), from €6,985 to €3,079
- Reserves +€3,275
up €3,275 (+9.0%), from €36,558 to €39,833
- Staff costs +€25,776
up €25,776 (+41.7%), from €61,829 to €87,605
- Gross operating margin -€22,819
down €22,819 (-18.0%), from €127,000 to €104,180
- Taxes -€4,867
down €4,867 (-84.6%), from €5,751 to €885
- Depreciation -€3,757
down €3,757 (-25.2%), from €14,909 to €11,152
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.
Derived cash bridge
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 | €105,048 | €130,084 | +€25,036 | +23.8% |
| Fixed assets | 21/28 | €36,131 | €24,979 | -€11,152 | -30.9% |
| Tangible fixed assets | 22/27 | €36,131 | €24,979 | -€11,152 | -30.9% |
| Plant, machinery and equipment | 23 | €1,964 | €946 | -€1,018 | -51.8% |
| Furniture and vehicles | 24 | €34,167 | €24,033 | -€10,134 | -29.7% |
| Current assets | 29/58 | €68,917 | €105,105 | +€36,188 | +52.5% |
| Stocks and contracts in progress | 3 | €17,813 | €16,110 | -€1,702 | -9.6% |
| Stocks | 30/36 | €17,813 | €16,110 | -€1,702 | -9.6% |
| Amounts receivable within one year | 40/41 | €32,830 | €71,775 | +€38,945 | +119% |
| Trade receivables | 40 | €11,776 | €46,612 | +€34,836 | +296% |
| Other amounts receivable | 41 | €21,054 | €25,163 | +€4,109 | +19.5% |
| Cash at bank and in hand | 54/58 | €15,146 | €10,619 | -€4,527 | -29.9% |
| Deferred charges and accrued income | 490/1 | €3,128 | €6,601 | +€3,473 | +111% |
| Total equity and liabilities | 10/49 | €105,048 | €130,084 | +€25,036 | +23.8% |
| Equity | 10/15 | €57,018 | €58,433 | +€1,415 | +2.5% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | €36,558 | €39,833 | +€3,275 | +9.0% |
| Distributable reserves | 133 | €36,558 | €39,833 | +€3,275 | +9.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,030 | €71,651 | +€23,621 | +49.2% |
| Amounts payable after more than one year | 17 | €6,985 | €3,079 | -€3,906 | -55.9% |
| Financial debts | 170/4 | €6,985 | €3,079 | -€3,906 | -55.9% |
| Amounts payable within one year | 42/48 | €41,045 | €68,572 | +€27,527 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | €3,690 | €3,906 | +€216 | +5.9% |
| Financial debts | 43 | €4,387 | €8,632 | +€4,246 | +96.8% |
| Credit institutions | 430/8 | €4,387 | €8,632 | +€4,246 | +96.8% |
| Trade debts | 44 | €6,136 | €34,967 | +€28,830 | +470% |
| Suppliers | 440/4 | €6,136 | €34,967 | +€28,830 | +470% |
| Taxes, remuneration and social security | 45 | €6,836 | €6,097 | -€738 | -10.8% |
| Taxes | 450/3 | €2,400 | €0 | -€2,400 | -100% |
| Remuneration and social security | 454/9 | €4,436 | €6,097 | +€1,662 | +37.5% |
| Other amounts payable | 47/48 | €19,996 | €14,969 | -€5,027 | -25.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €61,829 | €87,605 | +€25,776 | +41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,909 | €11,152 | -€3,757 | -25.2% |
| Other operating charges | 640/8 | €1,143 | €800 | -€344 | -30.1% |
| Non-recurring operating charges | 66A | €25,656 | €0 | -€25,656 | -100% |
| Gross operating margin | 9900 | €127,000 | €104,180 | -€22,819 | -18.0% |
| Operating profit (loss) | 9901 | €23,463 | €4,624 | -€18,840 | -80.3% |
| Financial income | 75/76B | €200 | €97 | -€103 | -51.5% |
| Recurring financial income | 75 | €200 | €97 | -€103 | -51.5% |
| Financial charges | 65/66B | €1,876 | €2,421 | +€545 | +29.0% |
| Recurring financial charges | 65 | €1,876 | €2,421 | +€545 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €21,788 | €2,300 | -€19,488 | -89.4% |
| Income taxes | 67/77 | €5,751 | €885 | -€4,867 | -84.6% |
| Profit (loss) for the period | 9904 | €16,036 | €1,415 | -€14,621 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,036 | €1,415 | -€14,621 | -91.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.