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
- Receivables within one year +€48,732
new in 2025: €48,732
- Tangible fixed assets -€36,417
down €36,417 (-5.2%), from €695,303 to €658,886
- Reserves +€170,406
new in 2025: €170,406
- Debts after one year -€118,538
down €118,538 (-29.0%), from €408,366 to €289,828
- Profit (loss) carried forward -€48,630
down €48,630 (-100.0%), from €48,630 to €0
- Tax, wage and social debts +€37,981
up €37,981 (+289.1%), from €13,136 to €51,117
- Other debts -€31,934
down €31,934 (-35.1%), from €91,061 to €59,127
- Gross operating margin +€83,186
up €83,186 (+59.7%), from €139,285 to €222,471
- Taxes +€25,520
up €25,520 (+139.5%), from €18,298 to €43,818
- Depreciation -€10,429
down €10,429 (-22.3%), from €46,847 to €36,417
- Financial charges -€3,096
down €3,096 (-18.2%), from €16,975 to €13,879
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 | €696,461 | €709,016 | +€12,555 | +1.8% |
| Fixed assets | 21/28 | €695,303 | €658,886 | -€36,417 | -5.2% |
| Tangible fixed assets | 22/27 | €695,303 | €658,886 | -€36,417 | -5.2% |
| Land and buildings | 22 | €695,303 | €658,886 | -€36,417 | -5.2% |
| Current assets | 29/58 | €1,158 | €50,130 | +€48,972 | +4228.0% |
| Amounts receivable within one year | 40/41 | - | €48,732 | +€48,732 | |
| Trade receivables | 40 | - | €48,732 | +€48,732 | |
| Cash at bank and in hand | 54/58 | €495 | €763 | +€268 | +54.2% |
| Deferred charges and accrued income | 490/1 | €663 | €635 | -€28 | -4.3% |
| Total equity and liabilities | 10/49 | €696,461 | €709,016 | +€12,555 | +1.8% |
| Equity | 10/15 | €68,630 | €190,406 | +€121,777 | +177.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €170,406 | +€170,406 | |
| Distributable reserves | 133 | - | €170,406 | +€170,406 | |
| Profit (loss) carried forward | 14 | €48,630 | €0 | -€48,630 | -100.0% |
| Amounts payable | 17/49 | €627,831 | €518,609 | -€109,222 | -17.4% |
| Amounts payable after more than one year | 17 | €408,366 | €289,828 | -€118,538 | -29.0% |
| Financial debts | 170/4 | €408,366 | €289,828 | -€118,538 | -29.0% |
| Amounts payable within one year | 42/48 | €219,465 | €228,781 | +€9,316 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €115,269 | €118,538 | +€3,269 | +2.8% |
| Taxes, remuneration and social security | 45 | €13,136 | €51,117 | +€37,981 | +289.1% |
| Taxes | 450/3 | €13,136 | €51,117 | +€37,981 | +289.1% |
| Other amounts payable | 47/48 | €91,061 | €59,127 | -€31,934 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,847 | €36,417 | -€10,429 | -22.3% |
| Other operating charges | 640/8 | €6,715 | €6,580 | -€135 | -2.0% |
| Gross operating margin | 9900 | €139,285 | €222,471 | +€83,186 | +59.7% |
| Operating profit (loss) | 9901 | €85,724 | €179,474 | +€93,750 | +109.4% |
| Financial income | 75/76B | €163 | €0 | -€163 | -100.0% |
| Recurring financial income | 75 | €163 | €0 | -€163 | -100.0% |
| Financial charges | 65/66B | €16,975 | €13,879 | -€3,096 | -18.2% |
| Recurring financial charges | 65 | €16,975 | €13,879 | -€3,096 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €68,912 | €165,595 | +€96,683 | +140.3% |
| Income taxes | 67/77 | €18,298 | €43,818 | +€25,520 | +139.5% |
| Profit (loss) for the period | 9904 | €50,613 | €121,777 | +€71,163 | +140.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,613 | €121,777 | +€71,163 | +140.6% |
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 12 October 2026 via checked.be.