NEOMA: 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.
NEOMA
Largest movements
- Receivables within one year -€68,406
down €68,406 (-58.2%), from €117,455 to €49,049
of which Other amounts receivable: -€58,540
- Cash +€26,943
up €26,943 (+287%), from €9,386 to €36,329
mainly Receivables within one year (+€68,406) and Net result for the year (+€59,581)
- Intangible fixed assets +€16,431
new in 2025: €16,431
- Tangible fixed assets -€4,188
down €4,188 (-80.7%), from €5,187 to €999
of which Leasing and similar rights: -€2,429
- Other debts -€65,450
no longer reported in 2025 (was €65,450)
- Current portion of long-term debt +€16,879
new in 2025: €16,879
- Investment grants +€10,000
new in 2025: €10,000
- Trade debts +€7,602
up €7,602 (+258%), from €2,946 to €10,548
- Tax, wage and social debts +€2,314
up €2,314 (+7.6%), from €30,360 to €32,673
- Gross operating margin +€31,412
up €31,412 (+54.3%), from €57,812 to €89,224
- Taxes +€9,034
up €9,034 (+54.0%), from €16,715 to €25,748
- Financial income -€1,860
down €1,860 (-47.3%), from €3,930 to €2,071
- Other operating charges +€1,085
up €1,085 (+1,565%), from €69 to €1,154
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 | €136,387 | €105,814 | -€30,574 | -22.4% |
| Fixed assets | 21/28 | €5,187 | €17,430 | +€12,243 | +236% |
| Intangible fixed assets | 21 | - | €16,431 | +€16,431 | |
| Tangible fixed assets | 22/27 | €5,187 | €999 | -€4,188 | -80.7% |
| Furniture and vehicles | 24 | €1,759 | - | -€1,759 | |
| Leasing and similar rights | 25 | €3,428 | €999 | -€2,429 | -70.9% |
| Current assets | 29/58 | €131,200 | €88,384 | -€42,817 | -32.6% |
| Amounts receivable within one year | 40/41 | €117,455 | €49,049 | -€68,406 | -58.2% |
| Trade receivables | 40 | €52,379 | €42,513 | -€9,866 | -18.8% |
| Other amounts receivable | 41 | €65,076 | €6,536 | -€58,540 | -90.0% |
| Cash at bank and in hand | 54/58 | €9,386 | €36,329 | +€26,943 | +287% |
| Deferred charges and accrued income | 490/1 | €4,360 | €3,006 | -€1,354 | -31.1% |
| Total equity and liabilities | 10/49 | €136,387 | €105,814 | -€30,574 | -22.4% |
| Equity | 10/15 | €37,632 | €45,713 | +€8,081 | +21.5% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €2,171 | €2,171 | = | 0.0% |
| Distributable reserves | 133 | €2,171 | €2,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,061 | €32,142 | -€1,919 | -5.6% |
| Investment grants | 15 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €98,756 | €60,101 | -€38,655 | -39.1% |
| Amounts payable within one year | 42/48 | €98,756 | €60,101 | -€38,655 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | - | €16,879 | +€16,879 | |
| Trade debts | 44 | €2,946 | €10,548 | +€7,602 | +258% |
| Suppliers | 440/4 | €2,946 | €10,548 | +€7,602 | +258% |
| Taxes, remuneration and social security | 45 | €30,360 | €32,673 | +€2,314 | +7.6% |
| Taxes | 450/3 | €30,360 | €32,673 | +€2,314 | +7.6% |
| Other amounts payable | 47/48 | €65,450 | - | -€65,450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,975 | €4,197 | -€778 | -15.6% |
| Other operating charges | 640/8 | €69 | €1,154 | +€1,085 | +1,565% |
| Gross operating margin | 9900 | €57,812 | €89,224 | +€31,412 | +54.3% |
| Operating profit (loss) | 9901 | €52,768 | €83,873 | +€31,105 | +58.9% |
| Financial income | 75/76B | €3,930 | €2,071 | -€1,860 | -47.3% |
| Recurring financial income | 75 | €3,930 | €2,071 | -€1,860 | -47.3% |
| Financial charges | 65/66B | €337 | €614 | +€277 | +82.3% |
| Recurring financial charges | 65 | €337 | €614 | +€277 | +82.3% |
| Profit (loss) for the period before taxes | 9903 | €56,361 | €85,329 | +€28,968 | +51.4% |
| Income taxes | 67/77 | €16,715 | €25,748 | +€9,034 | +54.0% |
| Profit (loss) for the period | 9904 | €39,647 | €59,581 | +€19,934 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,647 | €59,581 | +€19,934 | +50.3% |
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 13 October 2026 via checked.be.