NEOVIEW: 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.
NEOVIEW
Largest movements
- Receivables within one year -€58,782
down €58,782 (-90.5%), from €64,970 to €6,188
of which Trade receivables: -€42,465
- Cash +€53,019
up €53,019 (+68.9%), from €76,992 to €130,011
mainly Receivables within one year (+€58,782) and Depreciation (+€30,208)
- Tangible fixed assets -€30,208
down €30,208 (-10.2%), from €295,146 to €264,938
of which Leasing and similar rights: -€18,836
- Reserves +€25,000
up €25,000 (+19.7%), from €126,860 to €151,860
- Tax, wage and social debts -€23,139
down €23,139 (-54.5%), from €42,427 to €19,287
of which Remuneration and social security: -€14,574
- Trade debts -€15,803
down €15,803 (-91.2%), from €17,326 to €1,523
- Debts after one year -€10,502
no longer reported in 2025 (was €10,502)
- Current portion of long-term debt -€9,806
down €9,806 (-60.1%), from €16,325 to €6,519
- Gross operating margin -€109,623
down €109,623 (-56.3%), from €194,628 to €85,004
- Taxes -€21,181
down €21,181 (-46.9%), from €45,159 to €23,978
- Depreciation -€8,264
down €8,264 (-21.5%), from €38,472 to €30,208
- Financial charges -€3,995
down €3,995, from €837 to -€3,158
- Other operating charges +€3,992
up €3,992 (+326%), from €1,225 to €5,217
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 | €437,109 | €402,759 | -€34,350 | -7.9% |
| Fixed assets | 21/28 | €295,146 | €264,938 | -€30,208 | -10.2% |
| Tangible fixed assets | 22/27 | €295,146 | €264,938 | -€30,208 | -10.2% |
| Land and buildings | 22 | €275,659 | €264,755 | -€10,904 | -4.0% |
| Leasing and similar rights | 25 | €18,836 | - | -€18,836 | |
| Other tangible fixed assets | 26 | €651 | €183 | -€468 | -71.8% |
| Current assets | 29/58 | €141,962 | €137,821 | -€4,141 | -2.9% |
| Amounts receivable within one year | 40/41 | €64,970 | €6,188 | -€58,782 | -90.5% |
| Trade receivables | 40 | €42,465 | - | -€42,465 | |
| Other amounts receivable | 41 | €22,506 | €6,188 | -€16,317 | -72.5% |
| Cash at bank and in hand | 54/58 | €76,992 | €130,011 | +€53,019 | +68.9% |
| Deferred charges and accrued income | 490/1 | - | €1,621 | +€1,621 | |
| Total equity and liabilities | 10/49 | €437,109 | €402,759 | -€34,350 | -7.9% |
| Equity | 10/15 | €314,142 | €342,903 | +€28,761 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,860 | €151,860 | +€25,000 | +19.7% |
| Distributable reserves | 133 | €126,860 | €151,860 | +€25,000 | +19.7% |
| Profit (loss) carried forward | 14 | €181,082 | €184,843 | +€3,761 | +2.1% |
| Amounts payable | 17/49 | €122,967 | €59,856 | -€63,111 | -51.3% |
| Amounts payable after more than one year | 17 | €10,502 | - | -€10,502 | |
| Financial debts | 170/4 | €10,502 | - | -€10,502 | |
| Amounts payable within one year | 42/48 | €112,465 | €59,856 | -€52,609 | -46.8% |
| Current portion of amounts payable after more than one year | 42 | €16,325 | €6,519 | -€9,806 | -60.1% |
| Trade debts | 44 | €17,326 | €1,523 | -€15,803 | -91.2% |
| Suppliers | 440/4 | €17,326 | €1,523 | -€15,803 | -91.2% |
| Taxes, remuneration and social security | 45 | €42,427 | €19,287 | -€23,139 | -54.5% |
| Taxes | 450/3 | €27,853 | €19,287 | -€8,566 | -30.8% |
| Remuneration and social security | 454/9 | €14,574 | - | -€14,574 | |
| Other amounts payable | 47/48 | €36,387 | €32,527 | -€3,860 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,472 | €30,208 | -€8,264 | -21.5% |
| Other operating charges | 640/8 | €1,225 | €5,217 | +€3,992 | +326% |
| Gross operating margin | 9900 | €194,628 | €85,004 | -€109,623 | -56.3% |
| Operating profit (loss) | 9901 | €154,931 | €49,579 | -€105,352 | -68.0% |
| Financial income | 75/76B | €6 | €2 | -€5 | -74.4% |
| Recurring financial income | 75 | €6 | €2 | -€5 | -74.4% |
| Financial charges | 65/66B | €837 | -€3,158 | -€3,995 | |
| Recurring financial charges | 65 | €837 | -€3,158 | -€3,995 | |
| Profit (loss) for the period before taxes | 9903 | €154,100 | €52,739 | -€101,362 | -65.8% |
| Income taxes | 67/77 | €45,159 | €23,978 | -€21,181 | -46.9% |
| Profit (loss) for the period | 9904 | €108,941 | €28,761 | -€80,181 | -73.6% |
| Profit (loss) for the period to be appropriated | 9905 | €108,941 | €28,761 | -€80,181 | -73.6% |
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 15 October 2026 via checked.be.