NeoRétro: 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.
NeoRétro
Largest movements
- Receivables within one year -€119,508
down €119,508 (-92.3%), from €129,504 to €9,996
of which Other amounts receivable: -€76,588
- Cash +€25,734
up €25,734 (+576.8%), from €4,462 to €30,196
mainly Receivables within one year (+€119,508) and Stocks and contracts (+€17,408)
- Stocks and contracts -€17,408
down €17,408 (-14.5%), from €120,159 to €102,751
- Tangible fixed assets -€15,196
down €15,196 (-38.7%), from €39,257 to €24,061
- Trade debts -€62,036
down €62,036 (-99.6%), from €62,275 to €239
- Profit (loss) carried forward -€26,614
down €26,614, from €6,801 to -€19,813
- Short-term financial debts -€15,000
down €15,000 (-15.0%), from €100,000 to €85,000
- Accrued charges and deferred income -€10,498
down €10,498 (-88.7%), from €11,833 to €1,335
- Other debts -€10,000
down €10,000 (-92.6%), from €10,799 to €799
- Gross operating margin -€20,550
down €20,550, from €18,776 to -€1,774
- Other operating charges -€5,374
down €5,374 (-59.2%), from €9,074 to €3,700
- Financial income -€5,291
no longer reported in 2025 (was €5,291)
- Taxes -€2,056
no longer reported in 2025 (was €2,056)
- Depreciation -€2,017
down €2,017 (-11.7%), from €17,253 to €15,236
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 | €318,423 | €192,004 | -€126,419 | -39.7% |
| Formation expenses | 20 | €41 | - | -€41 | |
| Fixed assets | 21/28 | €64,257 | €49,061 | -€15,196 | -23.6% |
| Tangible fixed assets | 22/27 | €39,257 | €24,061 | -€15,196 | -38.7% |
| Furniture and vehicles | 24 | €39,257 | €24,061 | -€15,196 | -38.7% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €254,125 | €142,943 | -€111,182 | -43.8% |
| Stocks and contracts in progress | 3 | €120,159 | €102,751 | -€17,408 | -14.5% |
| Stocks | 30/36 | €120,159 | €102,751 | -€17,408 | -14.5% |
| Amounts receivable within one year | 40/41 | €129,504 | €9,996 | -€119,508 | -92.3% |
| Trade receivables | 40 | €50,604 | €7,684 | -€42,921 | -84.8% |
| Other amounts receivable | 41 | €78,900 | €2,313 | -€76,588 | -97.1% |
| Cash at bank and in hand | 54/58 | €4,462 | €30,196 | +€25,734 | +576.8% |
| Total equity and liabilities | 10/49 | €318,423 | €192,004 | -€126,419 | -39.7% |
| Equity | 10/15 | €123,837 | €97,223 | -€26,614 | -21.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €67,036 | €67,036 | = | 0.0% |
| Distributable reserves | 133 | €67,036 | €67,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,801 | -€19,813 | -€26,614 | |
| Amounts payable | 17/49 | €194,586 | €94,780 | -€99,805 | -51.3% |
| Amounts payable within one year | 42/48 | €182,752 | €93,445 | -€89,307 | -48.9% |
| Financial debts | 43 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Credit institutions | 430/8 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Trade debts | 44 | €62,275 | €239 | -€62,036 | -99.6% |
| Suppliers | 440/4 | €62,275 | €239 | -€62,036 | -99.6% |
| Taxes, remuneration and social security | 45 | €9,678 | €7,407 | -€2,271 | -23.5% |
| Taxes | 450/3 | €5,678 | €77 | -€5,601 | -98.6% |
| Remuneration and social security | 454/9 | €4,000 | €7,330 | +€3,330 | +83.3% |
| Other amounts payable | 47/48 | €10,799 | €799 | -€10,000 | -92.6% |
| Accrued charges and deferred income | 492/3 | €11,833 | €1,335 | -€10,498 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,253 | €15,236 | -€2,017 | -11.7% |
| Other operating charges | 640/8 | €9,074 | €3,700 | -€5,374 | -59.2% |
| Gross operating margin | 9900 | €18,776 | -€1,774 | -€20,550 | |
| Operating profit (loss) | 9901 | -€7,551 | -€20,710 | -€13,159 | -174.3% |
| Financial income | 75/76B | €5,291 | - | -€5,291 | |
| Recurring financial income | 75 | €5,291 | - | -€5,291 | |
| Financial charges | 65/66B | €6,846 | €5,903 | -€943 | -13.8% |
| Recurring financial charges | 65 | €6,846 | €5,903 | -€943 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,107 | -€26,614 | -€17,507 | -192.2% |
| Income taxes | 67/77 | €2,056 | - | -€2,056 | |
| Profit (loss) for the period | 9904 | -€11,163 | -€26,614 | -€15,451 | -138.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,163 | -€26,614 | -€15,451 | -138.4% |
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 8 October 2026 via checked.be.