NEOVECTIS: 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.
NEOVECTIS
Largest movements
- Cash +€33,567
up €33,567 (+27.7%), from €121,112 to €154,679
mainly Net result for the year (+€18,985) and Receivables within one year (+€11,252)
- Receivables within one year -€11,252
down €11,252 (-55.3%), from €20,365 to €9,113
of which Trade receivables: -€11,872
- Reserves +€112,922
new in 2025: €112,922
- Profit (loss) carried forward -€93,937
no longer reported in 2025 (was €93,937)
- Tax, wage and social debts +€10,621
up €10,621 (+64.7%), from €16,428 to €27,050
- Trade debts -€7,189
down €7,189 (-58.9%), from €12,197 to €5,007
- Taxes +€963
up €963 (+10.6%), from €9,070 to €10,033
- Depreciation +€674
up €674 (+41.5%), from €1,622 to €2,296
- Gross operating margin -€614
down €614 (-1.8%), from €33,449 to €32,835
- Other operating charges -€349
down €349 (-56.6%), from €616 to €267
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 | €146,760 | €169,139 | +€22,379 | +15.2% |
| Fixed assets | 21/28 | €4,055 | €5,347 | +€1,292 | +31.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €3,819 | €5,111 | +€1,292 | +33.8% |
| Furniture and vehicles | 24 | €2,500 | €4,121 | +€1,622 | +64.9% |
| Other tangible fixed assets | 26 | €1,319 | €989 | -€330 | -25.0% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €142,704 | €163,792 | +€21,087 | +14.8% |
| Amounts receivable within one year | 40/41 | €20,365 | €9,113 | -€11,252 | -55.3% |
| Trade receivables | 40 | €20,062 | €8,190 | -€11,872 | -59.2% |
| Other amounts receivable | 41 | €303 | €922 | +€620 | +205% |
| Cash at bank and in hand | 54/58 | €121,112 | €154,679 | +€33,567 | +27.7% |
| Deferred charges and accrued income | 490/1 | €1,228 | - | -€1,228 | |
| Total equity and liabilities | 10/49 | €146,760 | €169,139 | +€22,379 | +15.2% |
| Equity | 10/15 | €112,537 | €131,522 | +€18,985 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €112,922 | +€112,922 | |
| Distributable reserves | 133 | - | €112,922 | +€112,922 | |
| Profit (loss) carried forward | 14 | €93,937 | - | -€93,937 | |
| Amounts payable | 17/49 | €34,223 | €37,616 | +€3,394 | +9.9% |
| Amounts payable within one year | 42/48 | €34,157 | €37,616 | +€3,459 | +10.1% |
| Trade debts | 44 | €12,197 | €5,007 | -€7,189 | -58.9% |
| Suppliers | 440/4 | €12,197 | €5,007 | -€7,189 | -58.9% |
| Taxes, remuneration and social security | 45 | €16,428 | €27,050 | +€10,621 | +64.7% |
| Taxes | 450/3 | €16,428 | €27,050 | +€10,621 | +64.7% |
| Other amounts payable | 47/48 | €5,532 | €5,559 | +€27 | +0.5% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,622 | €2,296 | +€674 | +41.5% |
| Other operating charges | 640/8 | €616 | €267 | -€349 | -56.6% |
| Non-recurring operating charges | 66A | - | €813 | +€813 | |
| Gross operating margin | 9900 | €33,449 | €32,835 | -€614 | -1.8% |
| Operating profit (loss) | 9901 | €31,211 | €29,460 | -€1,751 | -5.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €563 | €441 | -€121 | -21.6% |
| Recurring financial charges | 65 | €563 | €441 | -€121 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €30,651 | €29,018 | -€1,633 | -5.3% |
| Income taxes | 67/77 | €9,070 | €10,033 | +€963 | +10.6% |
| Profit (loss) for the period | 9904 | €21,581 | €18,985 | -€2,596 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,581 | €18,985 | -€2,596 | -12.0% |
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 21 October 2026 via checked.be.