NEONWHALE: 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.
NEONWHALE
Largest movements
- Receivables within one year -€53,431
down €53,431 (-32.7%), from €163,248 to €109,817
of which Trade receivables: -€51,974
- Financial fixed assets +€35,000
up €35,000 (+1,628%), from €2,150 to €37,150
- Cash +€13,576
up €13,576 (+65.8%), from €20,617 to €34,193
mainly Trade debts (+€59,426) and Receivables within one year (+€53,431)
- Tangible fixed assets +€7,210
up €7,210 (+107%), from €6,748 to €13,959
- Deferred charges and accrued income +€2,453
up €2,453 (+603%), from €407 to €2,859
- Trade debts +€59,426
up €59,426 (+62.2%), from €95,605 to €155,031
- Other debts -€54,413
down €54,413 (-66.0%), from €82,488 to €28,075
- Tax, wage and social debts -€3,403
down €3,403 (-20.3%), from €16,774 to €13,371
of which Remuneration and social security: -€5,388
- Gross operating margin -€30,424
down €30,424 (-18.3%), from €166,360 to €135,937
- Staff costs +€20,695
up €20,695 (+26.9%), from €77,028 to €97,723
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.
Derived cash bridge
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 | €197,205 | €200,721 | +€3,516 | +1.8% |
| Fixed assets | 21/28 | €12,933 | €53,851 | +€40,918 | +316% |
| Intangible fixed assets | 21 | €4,035 | €2,742 | -€1,292 | -32.0% |
| Tangible fixed assets | 22/27 | €6,748 | €13,959 | +€7,210 | +107% |
| Plant, machinery and equipment | 23 | €1,154 | €3,960 | +€2,806 | +243% |
| Furniture and vehicles | 24 | €4,988 | €8,423 | +€3,435 | +68.9% |
| Other tangible fixed assets | 26 | €607 | €1,576 | +€969 | +160% |
| Financial fixed assets | 28 | €2,150 | €37,150 | +€35,000 | +1,628% |
| Current assets | 29/58 | €184,272 | €146,870 | -€37,402 | -20.3% |
| Amounts receivable within one year | 40/41 | €163,248 | €109,817 | -€53,431 | -32.7% |
| Trade receivables | 40 | €116,734 | €64,760 | -€51,974 | -44.5% |
| Other amounts receivable | 41 | €46,514 | €45,057 | -€1,457 | -3.1% |
| Cash at bank and in hand | 54/58 | €20,617 | €34,193 | +€13,576 | +65.8% |
| Deferred charges and accrued income | 490/1 | €407 | €2,859 | +€2,453 | +603% |
| Total equity and liabilities | 10/49 | €197,205 | €200,721 | +€3,516 | +1.8% |
| Equity | 10/15 | €2,267 | €3,905 | +€1,638 | +72.3% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €2,067 | €3,705 | +€1,638 | +79.2% |
| Distributable reserves | 133 | €2,067 | €3,705 | +€1,638 | +79.2% |
| Amounts payable | 17/49 | €194,938 | €196,816 | +€1,878 | +1.0% |
| Amounts payable within one year | 42/48 | €194,938 | €196,816 | +€1,878 | +1.0% |
| Financial debts | 43 | €71 | €339 | +€267 | +375% |
| Credit institutions | 430/8 | €71 | €339 | +€267 | +375% |
| Trade debts | 44 | €95,605 | €155,031 | +€59,426 | +62.2% |
| Suppliers | 440/4 | €95,605 | €155,031 | +€59,426 | +62.2% |
| Taxes, remuneration and social security | 45 | €16,774 | €13,371 | -€3,403 | -20.3% |
| Taxes | 450/3 | €2,884 | €4,870 | +€1,985 | +68.8% |
| Remuneration and social security | 454/9 | €13,890 | €8,502 | -€5,388 | -38.8% |
| Other amounts payable | 47/48 | €82,488 | €28,075 | -€54,413 | -66.0% |
| Remuneration, social security and pensions | 62 | €77,028 | €97,723 | +€20,695 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,161 | €4,578 | +€417 | +10.0% |
| Other operating charges | 640/8 | €521 | €528 | +€7 | +1.3% |
| Gross operating margin | 9900 | €166,360 | €135,937 | -€30,424 | -18.3% |
| Operating profit (loss) | 9901 | €84,650 | €33,108 | -€51,542 | -60.9% |
| Financial income | 75/76B | €5 | €2 | -€3 | -66.1% |
| Recurring financial income | 75 | €5 | €2 | -€3 | -66.1% |
| Financial charges | 65/66B | €385 | €781 | +€396 | +103% |
| Recurring financial charges | 65 | €385 | €781 | +€396 | +103% |
| Profit (loss) for the period before taxes | 9903 | €84,270 | €32,329 | -€51,941 | -61.6% |
| Income taxes | 67/77 | €1,357 | €2,691 | +€1,334 | +98.3% |
| Profit (loss) for the period | 9904 | €82,913 | €29,638 | -€53,275 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,913 | €29,638 | -€53,275 | -64.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.