Neoteric: 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.
Neoteric
Largest movements
- Cash -€45,843
down €45,843 (-27.2%), from €168,554 to €122,711
mainly Contributions, distributions and other (-€186,093) and Current investments (-€40,000)
- Current investments +€40,000
new in 2026: €40,000
- Reserves -€66,332
down €66,332 (-100.0%), from €66,332 to €0
- Other debts +€58,501
up €58,501 (+48.4%), from €120,949 to €179,450
- Gross operating margin -€22,488
down €22,488 (-12.4%), from €181,178 to €158,690
- Taxes -€4,484
down €4,484 (-11.6%), from €38,704 to €34,220
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,228 | €216,577 | -€8,650 | -3.8% |
| Fixed assets | 21/28 | €5,769 | €3,982 | -€1,787 | -31.0% |
| Tangible fixed assets | 22/27 | €5,769 | €3,982 | -€1,787 | -31.0% |
| Land and buildings | 22 | €1,441 | €0 | -€1,441 | -100.0% |
| Plant, machinery and equipment | 23 | €2,267 | €1,890 | -€377 | -16.6% |
| Furniture and vehicles | 24 | €2,061 | €2,093 | +€31 | +1.5% |
| Current assets | 29/58 | €219,459 | €212,595 | -€6,864 | -3.1% |
| Amounts receivable within one year | 40/41 | €48,626 | €47,601 | -€1,025 | -2.1% |
| Trade receivables | 40 | €48,626 | €47,601 | -€1,025 | -2.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €168,554 | €122,711 | -€45,843 | -27.2% |
| Deferred charges and accrued income | 490/1 | €2,279 | €2,283 | +€4 | +0.2% |
| Total equity and liabilities | 10/49 | €225,228 | €216,577 | -€8,650 | -3.8% |
| Equity | 10/15 | €84,932 | €18,600 | -€66,332 | -78.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,332 | €0 | -€66,332 | -100.0% |
| Distributable reserves | 133 | €66,332 | €0 | -€66,332 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €140,296 | €197,977 | +€57,682 | +41.1% |
| Amounts payable within one year | 42/48 | €140,296 | €197,977 | +€57,682 | +41.1% |
| Financial debts | 43 | - | €352 | +€352 | |
| Credit institutions | 430/8 | - | €352 | +€352 | |
| Trade debts | 44 | €2,303 | €1,252 | -€1,051 | -45.6% |
| Suppliers | 440/4 | €2,303 | €1,252 | -€1,051 | -45.6% |
| Taxes, remuneration and social security | 45 | €17,043 | €16,924 | -€120 | -0.7% |
| Taxes | 450/3 | €17,043 | €13,365 | -€3,679 | -21.6% |
| Remuneration and social security | 454/9 | €0 | €3,559 | +€3,559 | |
| Other amounts payable | 47/48 | €120,949 | €179,450 | +€58,501 | +48.4% |
| Non-recurring operating income | 76A | €8,794 | €0 | -€8,794 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,927 | €2,860 | -€67 | -2.3% |
| Other operating charges | 640/8 | €595 | €544 | -€52 | -8.7% |
| Gross operating margin | 9900 | €181,178 | €158,690 | -€22,488 | -12.4% |
| Operating profit (loss) | 9901 | €177,655 | €155,285 | -€22,370 | -12.6% |
| Financial income | 75/76B | €356 | €10 | -€346 | -97.2% |
| Recurring financial income | 75 | €356 | €10 | -€346 | -97.2% |
| Financial charges | 65/66B | €1,349 | €1,315 | -€35 | -2.6% |
| Recurring financial charges | 65 | €1,349 | €1,315 | -€35 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €176,662 | €153,981 | -€22,681 | -12.8% |
| Income taxes | 67/77 | €38,704 | €34,220 | -€4,484 | -11.6% |
| Profit (loss) for the period | 9904 | €137,958 | €119,761 | -€18,197 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €137,958 | €119,761 | -€18,197 | -13.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.