NEOTRON: 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.
NEOTRON
Largest movements
- Receivables within one year +€66,760
up €66,760 (+21,176%), from €315 to €67,076
of which Trade receivables: +€64,674
- Stocks and contracts -€28,050
down €28,050 (-3.0%), from €943,903 to €915,853
- Cash -€15,927
down €15,927 (-6.0%), from €263,359 to €247,433
mainly Current portion of long-term debt (-€90,814) and Receivables within one year (-€66,760)
- Tangible fixed assets -€15,295
down €15,295 (-12.3%), from €124,062 to €108,767
of which Other tangible fixed assets: -€20,442
- Profit (loss) carried forward +€170,807
up €170,807 (+62.5%), from €273,293 to €444,100
- Current portion of long-term debt -€90,814
down €90,814 (-77.2%), from €117,590 to €26,776
- Other debts -€60,605
down €60,605 (-59.9%), from €101,093 to €40,488
- Trade debts -€30,067
down €30,067 (-10.4%), from €290,499 to €260,432
- Reserves +€28,845
up €28,845 (+259%), from €11,155 to €40,000
- Gross operating margin -€170,862
down €170,862 (-23.4%), from €730,179 to €559,316
- Taxes -€49,218
down €49,218 (-42.1%), from €116,906 to €67,688
- Financial charges +€20,675
up €20,675 (+190%), from €10,864 to €31,539
- Other operating charges -€9,565
down €9,565 (-71.1%), from €13,452 to €3,887
- Staff costs +€9,344
up €9,344 (+4.6%), from €205,115 to €214,459
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 | €1,343,959 | €1,355,600 | +€11,642 | +0.9% |
| Fixed assets | 21/28 | €128,627 | €116,353 | -€12,274 | -9.5% |
| Intangible fixed assets | 21 | €126 | €3,147 | +€3,021 | +2,396% |
| Tangible fixed assets | 22/27 | €124,062 | €108,767 | -€15,295 | -12.3% |
| Plant, machinery and equipment | 23 | €8,032 | €5,488 | -€2,544 | -31.7% |
| Furniture and vehicles | 24 | €8,534 | €16,225 | +€7,691 | +90.1% |
| Other tangible fixed assets | 26 | €107,496 | €87,054 | -€20,442 | -19.0% |
| Financial fixed assets | 28 | €4,439 | €4,439 | = | 0.0% |
| Current assets | 29/58 | €1,215,332 | €1,239,248 | +€23,916 | +2.0% |
| Stocks and contracts in progress | 3 | €943,903 | €915,853 | -€28,050 | -3.0% |
| Stocks | 30/36 | €943,903 | €915,853 | -€28,050 | -3.0% |
| Amounts receivable within one year | 40/41 | €315 | €67,076 | +€66,760 | +21,176% |
| Trade receivables | 40 | - | €64,674 | +€64,674 | |
| Other amounts receivable | 41 | €315 | €2,402 | +€2,087 | +662% |
| Cash at bank and in hand | 54/58 | €263,359 | €247,433 | -€15,927 | -6.0% |
| Deferred charges and accrued income | 490/1 | €7,755 | €8,887 | +€1,132 | +14.6% |
| Total equity and liabilities | 10/49 | €1,343,959 | €1,355,600 | +€11,642 | +0.9% |
| Equity | 10/15 | €684,448 | €884,100 | +€199,652 | +29.2% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €11,155 | €40,000 | +€28,845 | +259% |
| Non-distributable reserves | 130/1 | €11,155 | €40,000 | +€28,845 | +259% |
| Legal reserve | 130 | €11,155 | €40,000 | +€28,845 | +259% |
| Profit (loss) carried forward | 14 | €273,293 | €444,100 | +€170,807 | +62.5% |
| Amounts payable | 17/49 | €659,510 | €471,501 | -€188,010 | -28.5% |
| Amounts payable after more than one year | 17 | €113,607 | €95,622 | -€17,985 | -15.8% |
| Financial debts | 170/4 | €113,607 | €95,622 | -€17,985 | -15.8% |
| Amounts payable within one year | 42/48 | €545,904 | €375,755 | -€170,148 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €117,590 | €26,776 | -€90,814 | -77.2% |
| Trade debts | 44 | €290,499 | €260,432 | -€30,067 | -10.4% |
| Suppliers | 440/4 | €290,499 | €260,432 | -€30,067 | -10.4% |
| Taxes, remuneration and social security | 45 | €36,722 | €48,060 | +€11,338 | +30.9% |
| Taxes | 450/3 | €4,468 | €12,688 | +€8,220 | +184% |
| Remuneration and social security | 454/9 | €32,254 | €35,372 | +€3,118 | +9.7% |
| Other amounts payable | 47/48 | €101,093 | €40,488 | -€60,605 | -59.9% |
| Accrued charges and deferred income | 492/3 | - | €123 | +€123 | |
| Remuneration, social security and pensions | 62 | €205,115 | €214,459 | +€9,344 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,807 | €42,204 | +€4,397 | +11.6% |
| Other operating charges | 640/8 | €13,452 | €3,887 | -€9,565 | -71.1% |
| Gross operating margin | 9900 | €730,179 | €559,316 | -€170,862 | -23.4% |
| Operating profit (loss) | 9901 | €473,804 | €298,765 | -€175,039 | -36.9% |
| Financial income | 75/76B | €78 | €114 | +€36 | +46.7% |
| Recurring financial income | 75 | €78 | €114 | +€36 | +46.7% |
| Financial charges | 65/66B | €10,864 | €31,539 | +€20,675 | +190% |
| Recurring financial charges | 65 | €10,864 | €31,539 | +€20,675 | +190% |
| Profit (loss) for the period before taxes | 9903 | €463,018 | €267,340 | -€195,678 | -42.3% |
| Income taxes | 67/77 | €116,906 | €67,688 | -€49,218 | -42.1% |
| Profit (loss) for the period | 9904 | €346,112 | €199,652 | -€146,460 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €346,112 | €199,652 | -€146,460 | -42.3% |
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 25 October 2026 via checked.be.