NEOS INTERIM MANAGEMENT: 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 INTERIM MANAGEMENT
Largest movements
- Current investments +€120,450
up €120,450 (+108%), from €111,258 to €231,708
- Cash -€104,860
down €104,860 (-38.0%), from €275,733 to €170,874
mainly Current investments (-€120,450) and Trade debts (-€85,216)
- Receivables within one year -€94,163
down €94,163 (-69.4%), from €135,650 to €41,487
of which Trade receivables: -€104,152
- Tangible fixed assets -€12,165
down €12,165 (-57.4%), from €21,202 to €9,036
- Intangible fixed assets +€6,878
new in 2025: €6,878
- Trade debts -€85,216
no longer reported in 2025 (was €85,216)
- Profit (loss) carried forward +€12,302
up €12,302 (+4.3%), from €284,517 to €296,819
- Other debts -€7,306
down €7,306 (-5.7%), from €127,506 to €120,200
- Gross operating margin -€25,412
down €25,412 (-24.5%), from €103,738 to €78,326
- Taxes +€2,248
up €2,248 (+10.6%), from €21,213 to €23,461
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 | €545,310 | €461,818 | -€83,493 | -15.3% |
| Fixed assets | 21/28 | €21,202 | €15,914 | -€5,287 | -24.9% |
| Intangible fixed assets | 21 | - | €6,878 | +€6,878 | |
| Tangible fixed assets | 22/27 | €21,202 | €9,036 | -€12,165 | -57.4% |
| Furniture and vehicles | 24 | €21,202 | €9,036 | -€12,165 | -57.4% |
| Current assets | 29/58 | €524,109 | €445,903 | -€78,205 | -14.9% |
| Amounts receivable within one year | 40/41 | €135,650 | €41,487 | -€94,163 | -69.4% |
| Trade receivables | 40 | €135,650 | €31,498 | -€104,152 | -76.8% |
| Other amounts receivable | 41 | - | €9,989 | +€9,989 | |
| Current investments | 50/53 | €111,258 | €231,708 | +€120,450 | +108% |
| Cash at bank and in hand | 54/58 | €275,733 | €170,874 | -€104,860 | -38.0% |
| Deferred charges and accrued income | 490/1 | €1,468 | €1,835 | +€367 | +25.0% |
| Total equity and liabilities | 10/49 | €545,310 | €461,818 | -€83,493 | -15.3% |
| Equity | 10/15 | €307,395 | €319,697 | +€12,302 | +4.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,328 | €4,328 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,328 | €4,328 | = | 0.0% |
| Legal reserve | 130 | €4,328 | €4,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,517 | €296,819 | +€12,302 | +4.3% |
| Amounts payable | 17/49 | €237,915 | €142,121 | -€95,794 | -40.3% |
| Amounts payable within one year | 42/48 | €237,915 | €142,121 | -€95,794 | -40.3% |
| Financial debts | 43 | - | €1,263 | +€1,263 | |
| Credit institutions | 430/8 | - | €1,263 | +€1,263 | |
| Trade debts | 44 | €85,216 | - | -€85,216 | |
| Suppliers | 440/4 | €85,216 | - | -€85,216 | |
| Taxes, remuneration and social security | 45 | €25,194 | €20,658 | -€4,536 | -18.0% |
| Taxes | 450/3 | €25,194 | €20,658 | -€4,536 | -18.0% |
| Other amounts payable | 47/48 | €127,506 | €120,200 | -€7,306 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,540 | €12,787 | -€753 | -5.6% |
| Other operating charges | 640/8 | €1,394 | €997 | -€397 | -28.5% |
| Gross operating margin | 9900 | €103,738 | €78,326 | -€25,412 | -24.5% |
| Operating profit (loss) | 9901 | €88,804 | €64,542 | -€24,262 | -27.3% |
| Financial income | 75/76B | €375 | €853 | +€478 | +128% |
| Recurring financial income | 75 | €375 | €853 | +€478 | +128% |
| Financial charges | 65/66B | €104 | €1,061 | +€957 | +920% |
| Recurring financial charges | 65 | €104 | €1,061 | +€957 | +920% |
| Profit (loss) for the period before taxes | 9903 | €89,075 | €64,334 | -€24,741 | -27.8% |
| Income taxes | 67/77 | €21,213 | €23,461 | +€2,248 | +10.6% |
| Profit (loss) for the period | 9904 | €67,861 | €40,873 | -€26,989 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,861 | €40,873 | -€26,989 | -39.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.