NEOS: 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.
NEOS
Largest movements
- Cash -€160,260
down €160,260 (-21.0%), from €762,016 to €601,756
mainly Accrued charges and deferred income (-€131,290) and Receivables within one year (-€122,914)
- Receivables within one year +€122,914
up €122,914 (+31.0%), from €396,775 to €519,689
of which Trade receivables: +€127,427
- Tangible fixed assets -€102,103
down €102,103 (-7.8%), from €1.3m to €1.2m
of which Furniture and vehicles: -€72,243
- Deferred charges and accrued income +€42,195
up €42,195 (+40.5%), from €104,228 to €146,423
- Current investments -€28,819
down €28,819 (-13.6%), from €212,273 to €183,454
- Accrued charges and deferred income -€131,290
down €131,290 (-10.9%), from €1.2m to €1.1m
- Debts after one year -€67,397
down €67,397 (-8.5%), from €792,796 to €725,399
- Tax, wage and social debts +€57,847
up €57,847 (+21.7%), from €267,032 to €324,879
of which Remuneration and social security: +€41,848
- Trade debts +€49,102
up €49,102 (+54.9%), from €89,363 to €138,464
- Profit (loss) carried forward -€29,067
down €29,067 (-13.2%), from €220,082 to €191,016
- Purchases and services +€1.8m
new in 2025: €1.8m
- Turnover +€1.6m
new in 2025: €1.6m
- Staff costs +€87,632
up €87,632 (+5.3%), from €1.7m to €1.8m
- Gross operating margin +€41,336
up €41,336 (+2.1%), from €1.9m to €2.0m
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 | €2,805,493 | €2,686,160 | -€119,333 | -4.3% |
| Fixed assets | 21/28 | €1,314,953 | €1,212,850 | -€102,103 | -7.8% |
| Tangible fixed assets | 22/27 | €1,314,953 | €1,212,850 | -€102,103 | -7.8% |
| Land and buildings | 22 | €1,033,585 | €1,004,914 | -€28,671 | -2.8% |
| Plant, machinery and equipment | 23 | €7,422 | €6,232 | -€1,189 | -16.0% |
| Furniture and vehicles | 24 | €273,946 | €201,703 | -€72,243 | -26.4% |
| Current assets | 29/58 | €1,490,541 | €1,473,311 | -€17,230 | -1.2% |
| Stocks and contracts in progress | 3 | €15,249 | €21,988 | +€6,740 | +44.2% |
| Stocks | 30/36 | €15,249 | €21,988 | +€6,740 | +44.2% |
| Amounts receivable within one year | 40/41 | €396,775 | €519,689 | +€122,914 | +31.0% |
| Trade receivables | 40 | €308,192 | €435,619 | +€127,427 | +41.3% |
| Other amounts receivable | 41 | €88,583 | €84,070 | -€4,513 | -5.1% |
| Current investments | 50/53 | €212,273 | €183,454 | -€28,819 | -13.6% |
| Cash at bank and in hand | 54/58 | €762,016 | €601,756 | -€160,260 | -21.0% |
| Deferred charges and accrued income | 490/1 | €104,228 | €146,423 | +€42,195 | +40.5% |
| Total equity and liabilities | 10/49 | €2,805,493 | €2,686,160 | -€119,333 | -4.3% |
| Equity | 10/15 | €381,563 | €352,497 | -€29,067 | -7.6% |
| Reserves | 13 | €161,481 | €161,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,082 | €191,016 | -€29,067 | -13.2% |
| Amounts payable | 17/49 | €2,423,930 | €2,333,663 | -€90,266 | -3.7% |
| Amounts payable after more than one year | 17 | €792,796 | €725,399 | -€67,397 | -8.5% |
| Financial debts | 170/4 | €792,796 | €725,399 | -€67,397 | -8.5% |
| Amounts payable within one year | 42/48 | €422,319 | €530,740 | +€108,422 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €65,924 | €67,396 | +€1,473 | +2.2% |
| Trade debts | 44 | €89,363 | €138,464 | +€49,102 | +54.9% |
| Suppliers | 440/4 | €89,363 | €138,464 | +€49,102 | +54.9% |
| Taxes, remuneration and social security | 45 | €267,032 | €324,879 | +€57,847 | +21.7% |
| Taxes | 450/3 | €94,172 | €110,171 | +€15,999 | +17.0% |
| Remuneration and social security | 454/9 | €172,860 | €214,708 | +€41,848 | +24.2% |
| Accrued charges and deferred income | 492/3 | €1,208,815 | €1,077,525 | -€131,290 | -10.9% |
| Turnover | 70 | - | €1,590,578 | +€1.6m | |
| Membership fees, donations, legacies and grants | 73 | - | €2,087,682 | +€2.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,841,303 | +€1.8m | |
| Remuneration, social security and pensions | 62 | €1,667,836 | €1,755,468 | +€87,632 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,791 | €105,174 | +€8,383 | +8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,560 | - | -€12,560 | |
| Other operating charges | 640/8 | €113,388 | €124,232 | +€10,844 | +9.6% |
| Gross operating margin | 9900 | €1,934,859 | €1,976,194 | +€41,336 | +2.1% |
| Operating profit (loss) | 9901 | €44,283 | -€8,680 | -€52,963 | |
| Financial income | 75/76B | €836 | €1,557 | +€721 | +86.3% |
| Recurring financial income | 75 | €836 | €1,557 | +€721 | +86.3% |
| Financial charges | 65/66B | €14,411 | €13,173 | -€1,237 | -8.6% |
| Recurring financial charges | 65 | €14,411 | €13,173 | -€1,237 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €30,708 | -€20,296 | -€51,004 | |
| Income taxes | 67/77 | €6,770 | €8,771 | +€2,001 | +29.6% |
| Profit (loss) for the period | 9904 | €23,938 | -€29,067 | -€53,005 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,938 | -€29,067 | -€53,005 |
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.