NEOOO: 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.
NEOOO
Largest movements
- Tangible fixed assets +€49,957
up €49,957 (+38.8%), from €128,747 to €178,704
of which Plant, machinery and equipment: +€58,660
- Receivables within one year -€18,499
down €18,499 (-71.2%), from €25,990 to €7,490
of which Trade receivables: -€17,794
- Deferred charges and accrued income +€14,605
new in 2025: €14,605
- Cash +€9,467
up €9,467 (+241.1%), from €3,926 to €13,392
mainly Debts after one year (+€300,000) and Depreciation (+€28,371)
- Debts after one year +€300,000
new in 2025: €300,000
- Other debts -€182,170
down €182,170 (-85.7%), from €212,452 to €30,283
- Profit (loss) carried forward -€58,702
down €58,702 (-90.0%), from -€65,224 to -€123,926
- Tax, wage and social debts -€3,167
down €3,167 (-56.7%), from €5,581 to €2,414
of which Taxes: -€2,098
- Depreciation -€8,277
down €8,277 (-22.6%), from €36,647 to €28,371
- Other operating charges -€701
down €701 (-25.1%), from €2,791 to €2,090
- Financial charges -€443
down €443 (-72.2%), from €614 to €171
- Gross operating margin -€406
down €406 (-1.6%), from -€24,841 to -€25,247
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 | €158,663 | €214,192 | +€55,529 | +35.0% |
| Fixed assets | 21/28 | €128,747 | €178,704 | +€49,957 | +38.8% |
| Tangible fixed assets | 22/27 | €128,747 | €178,704 | +€49,957 | +38.8% |
| Plant, machinery and equipment | 23 | €1,203 | €59,863 | +€58,660 | +4877.6% |
| Furniture and vehicles | 24 | €127,544 | €118,841 | -€8,703 | -6.8% |
| Current assets | 29/58 | €29,916 | €35,488 | +€5,573 | +18.6% |
| Amounts receivable within one year | 40/41 | €25,990 | €7,490 | -€18,499 | -71.2% |
| Trade receivables | 40 | €25,284 | €7,490 | -€17,794 | -70.4% |
| Other amounts receivable | 41 | €706 | €0 | -€706 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,926 | €13,392 | +€9,467 | +241.1% |
| Deferred charges and accrued income | 490/1 | - | €14,605 | +€14,605 | |
| Total equity and liabilities | 10/49 | €158,663 | €214,192 | +€55,529 | +35.0% |
| Equity | 10/15 | -€61,224 | -€119,926 | -€58,702 | -95.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,224 | -€123,926 | -€58,702 | -90.0% |
| Amounts payable | 17/49 | €219,887 | €334,118 | +€114,231 | +51.9% |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Other amounts payable | 178/9 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | €219,887 | €34,118 | -€185,769 | -84.5% |
| Trade debts | 44 | €1,853 | €1,421 | -€432 | -23.3% |
| Suppliers | 440/4 | €1,853 | €1,421 | -€432 | -23.3% |
| Taxes, remuneration and social security | 45 | €5,581 | €2,414 | -€3,167 | -56.7% |
| Taxes | 450/3 | €3,331 | €1,233 | -€2,098 | -63.0% |
| Remuneration and social security | 454/9 | €2,250 | €1,181 | -€1,069 | -47.5% |
| Other amounts payable | 47/48 | €212,452 | €30,283 | -€182,170 | -85.7% |
| Non-recurring operating income | 76A | - | €4,715 | +€4,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,647 | €28,371 | -€8,277 | -22.6% |
| Other operating charges | 640/8 | €2,791 | €2,090 | -€701 | -25.1% |
| Non-recurring operating charges | 66A | - | €2,333 | +€2,333 | |
| Gross operating margin | 9900 | -€24,841 | -€25,247 | -€406 | -1.6% |
| Operating profit (loss) | 9901 | -€64,279 | -€58,041 | +€6,238 | +9.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €614 | €171 | -€443 | -72.2% |
| Recurring financial charges | 65 | €614 | €171 | -€443 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | -€64,893 | -€58,211 | +€6,682 | +10.3% |
| Income taxes | 67/77 | €331 | €490 | +€159 | +47.9% |
| Profit (loss) for the period | 9904 | -€65,224 | -€58,702 | +€6,523 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,224 | -€58,702 | +€6,523 | +10.0% |
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 7 October 2026 via checked.be.