NEOSY: 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.
NEOSY
Largest movements
- Receivables within one year +€83,231
up €83,231 (+19.1%), from €434,963 to €518,194
- Tangible fixed assets +€52,254
up €52,254 (+3.9%), from €1.3m to €1.4m
of which Land and buildings: +€64,205
- Intangible fixed assets -€33,150
down €33,150 (-44.5%), from €74,497 to €41,347
- Reserves +€208,523
up €208,523 (+29.6%), from €705,307 to €913,830
of which Distributable reserves: +€211,396
- Debts after one year -€103,359
down €103,359 (-9.4%), from €1.1m to €1.0m
- Other debts -€22,500
down €22,500 (-89.5%), from €25,138 to €2,638
- Depreciation -€97,365
down €97,365 (-44.5%), from €218,707 to €121,343
- Gross operating margin +€75,251
up €75,251 (+19.5%), from €385,943 to €461,194
- Taxes +€57,798
up €57,798 (+121.9%), from €47,429 to €105,227
- Financial income +€18,944
up €18,944 (+199.1%), from €9,517 to €28,461
- Other operating charges +€6,218
up €6,218 (+370.7%), from €1,677 to €7,895
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 | €2,009,873 | €2,117,888 | +€108,015 | +5.4% |
| Fixed assets | 21/28 | €1,421,028 | €1,440,132 | +€19,104 | +1.3% |
| Intangible fixed assets | 21 | €74,497 | €41,347 | -€33,150 | -44.5% |
| Tangible fixed assets | 22/27 | €1,346,531 | €1,398,785 | +€52,254 | +3.9% |
| Land and buildings | 22 | €1,319,649 | €1,383,854 | +€64,205 | +4.9% |
| Furniture and vehicles | 24 | €26,882 | €14,931 | -€11,951 | -44.5% |
| Current assets | 29/58 | €588,845 | €677,756 | +€88,911 | +15.1% |
| Amounts receivable within one year | 40/41 | €434,963 | €518,194 | +€83,231 | +19.1% |
| Other amounts receivable | 41 | €434,963 | €518,194 | +€83,231 | +19.1% |
| Cash at bank and in hand | 54/58 | €16,463 | €1,603 | -€14,861 | -90.3% |
| Deferred charges and accrued income | 490/1 | €137,419 | €157,959 | +€20,541 | +14.9% |
| Total equity and liabilities | 10/49 | €2,009,873 | €2,117,888 | +€108,015 | +5.4% |
| Equity | 10/15 | €711,835 | €920,358 | +€208,523 | +29.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €705,307 | €913,830 | +€208,523 | +29.6% |
| Tax-exempt reserves | 132 | €87,501 | €84,628 | -€2,873 | -3.3% |
| Distributable reserves | 133 | €617,806 | €829,202 | +€211,396 | +34.2% |
| Profit (loss) carried forward | 14 | €328 | €328 | = | 0.0% |
| Provisions and deferred taxes | 16 | €29,167 | €28,209 | -€958 | -3.3% |
| Deferred taxes | 168 | €29,167 | €28,209 | -€958 | -3.3% |
| Amounts payable | 17/49 | €1,268,871 | €1,169,321 | -€99,550 | -7.8% |
| Amounts payable after more than one year | 17 | €1,103,870 | €1,000,510 | -€103,359 | -9.4% |
| Financial debts | 170/4 | €1,103,870 | €1,000,510 | -€103,359 | -9.4% |
| Amounts payable within one year | 42/48 | €165,001 | €168,810 | +€3,809 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €118,102 | €128,932 | +€10,829 | +9.2% |
| Trade debts | 44 | €9,633 | €4,014 | -€5,619 | -58.3% |
| Suppliers | 440/4 | €9,633 | €4,014 | -€5,619 | -58.3% |
| Taxes, remuneration and social security | 45 | €12,128 | €33,227 | +€21,099 | +174.0% |
| Taxes | 450/3 | €12,128 | €33,227 | +€21,099 | +174.0% |
| Other amounts payable | 47/48 | €25,138 | €2,638 | -€22,500 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,707 | €121,343 | -€97,365 | -44.5% |
| Other operating charges | 640/8 | €1,677 | €7,895 | +€6,218 | +370.7% |
| Gross operating margin | 9900 | €385,943 | €461,194 | +€75,251 | +19.5% |
| Operating profit (loss) | 9901 | €165,559 | €331,957 | +€166,398 | +100.5% |
| Financial income | 75/76B | €9,517 | €28,461 | +€18,944 | +199.1% |
| Recurring financial income | 75 | €9,517 | €28,461 | +€18,944 | +199.1% |
| Financial charges | 65/66B | €40,197 | €42,626 | +€2,429 | +6.0% |
| Recurring financial charges | 65 | €40,197 | €42,626 | +€2,429 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €134,878 | €317,792 | +€182,914 | +135.6% |
| Transfer from deferred taxes | 780 | €958 | €958 | = | 0.0% |
| Income taxes | 67/77 | €47,429 | €105,227 | +€57,798 | +121.9% |
| Profit (loss) for the period | 9904 | €88,407 | €213,523 | +€125,116 | +141.5% |
| Transfer from tax-exempt reserves | 789 | €2,873 | €2,873 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,280 | €216,396 | +€125,116 | +137.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.