NEOVEST: 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.
NEOVEST
Largest movements
- Receivables within one year +€61,110
up €61,110 (+15.7%), from €389,853 to €450,962
of which Other amounts receivable: +€100,777
- Financial fixed assets +€9,638
up €9,638 (+64.3%), from €15,000 to €24,638
- Cash -€7,542
down €7,542 (-30.9%), from €24,423 to €16,880
mainly Receivables within one year (-€61,110) and Other debts (-€27,192)
- Reserves +€91,337
up €91,337 (+167%), from €54,707 to €146,044
- Other debts -€27,192
down €27,192 (-7.7%), from €352,221 to €325,029
- Financial income +€9,000
up €9,000 (+9.9%), from €91,000 to €100,000
- Financial charges -€7,699
down €7,699 (-90.5%), from €8,509 to €810
- Gross operating margin +€5,985
up €5,985 (+43.4%), from -€13,776 to -€7,791
- Other operating charges -€1,250
down €1,250 (-95.3%), from €1,312 to €62
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.
Derived cash bridge
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 | €429,275 | €492,481 | +€63,206 | +14.7% |
| Fixed assets | 21/28 | €15,000 | €24,638 | +€9,638 | +64.3% |
| Financial fixed assets | 28 | €15,000 | €24,638 | +€9,638 | +64.3% |
| Current assets | 29/58 | €414,275 | €467,843 | +€53,568 | +12.9% |
| Amounts receivable within one year | 40/41 | €389,853 | €450,962 | +€61,110 | +15.7% |
| Trade receivables | 40 | €139,853 | €100,185 | -€39,667 | -28.4% |
| Other amounts receivable | 41 | €250,000 | €350,777 | +€100,777 | +40.3% |
| Cash at bank and in hand | 54/58 | €24,423 | €16,880 | -€7,542 | -30.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €429,275 | €492,481 | +€63,206 | +14.7% |
| Equity | 10/15 | €74,707 | €166,044 | +€91,337 | +122% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €54,707 | €146,044 | +€91,337 | +167% |
| Distributable reserves | 133 | €54,707 | €146,044 | +€91,337 | +167% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €354,568 | €326,436 | -€28,132 | -7.9% |
| Amounts payable within one year | 42/48 | €354,568 | €326,436 | -€28,132 | -7.9% |
| Trade debts | 44 | €1,504 | €1,407 | -€96 | -6.4% |
| Suppliers | 440/4 | €1,504 | €1,407 | -€96 | -6.4% |
| Taxes, remuneration and social security | 45 | €844 | €0 | -€844 | -100% |
| Taxes | 450/3 | €844 | €0 | -€844 | -100% |
| Other amounts payable | 47/48 | €352,221 | €325,029 | -€27,192 | -7.7% |
| Other operating charges | 640/8 | €1,312 | €62 | -€1,250 | -95.3% |
| Gross operating margin | 9900 | -€13,776 | -€7,791 | +€5,985 | +43.4% |
| Operating profit (loss) | 9901 | -€15,088 | -€7,853 | +€7,235 | +48.0% |
| Financial income | 75/76B | €91,000 | €100,000 | +€9,000 | +9.9% |
| Recurring financial income | 75 | €91,000 | €100,000 | +€9,000 | +9.9% |
| Financial charges | 65/66B | €8,509 | €810 | -€7,699 | -90.5% |
| Recurring financial charges | 65 | €8,509 | €810 | -€7,699 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | €67,404 | €91,337 | +€23,934 | +35.5% |
| Profit (loss) for the period | 9904 | €67,404 | €91,337 | +€23,934 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €67,404 | €91,337 | +€23,934 | +35.5% |
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 17 October 2026 via checked.be.