NEPA: what changed
Two fiscal 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.
What changed
NEPA
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€51,524
2024 · €121,802-€70,278
Equity
€55,506
2024 · €5,648+€49,858
Cash
€46
2024 · €244-€198
Balance sheet total
€1.4m
2024 · €1.5m-€47,522
Largest movements
Assets
- Tangible fixed assets -€47,891
down €47,891 (-6.9%), from €696,511 to €648,620
Equity and liabilities
- Debts after one year -€272,198
down €272,198 (-30.6%), from €890,617 to €618,419
- Other debts +€95,542
up €95,542 (+37.2%), from €256,837 to €352,379
- Short-term financial debts +€86,309
new in 2025: €86,309
- Reserves +€49,106
new in 2025: €49,106
Income statement
- Gross operating margin -€47,136
down €47,136 (-22.6%), from €208,304 to €161,168
- Taxes +€12,819
up €12,819 (+1501.8%), from €854 to €13,672
- Financial charges +€10,664
up €10,664 (+28.9%), from €36,959 to €47,623
- Other operating charges +€2,088
up €2,088 (+102.6%), from €2,035 to €4,123
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.
Result 2024
€121,802
Gross operating margin
-€47,136
Depreciation
+€888
Other operating charges
-€2,088
Other operating items
-€508
Financial income
+€2,047
Financial charges
-€10,664
Taxes
-€12,819
Result 2025
€51,524
Cash bridge derived
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.
From operations
+€181,731
Investment
+€508
Financing
-€182,437
Cash 2024
€244
From operations (derived)
+€181,731
Net result for the year
+€51,524
Depreciation
+€47,384
Receivables within one year
-€1,117
Deferred charges and accrued income
+€549
Trade debts
-€3,225
Tax, wage and social debts
-€8,924
Other debts
+€95,542
Investment (derived)
+€508
Investment in fixed assets (net)
+€508
Financing
-€182,437
Debts after one year
-€272,198
Current portion of long-term debt
+€5,118
Short-term financial debts
+€86,309
Contributions, distributions and other
-€1,666
Cash 2025
€46
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,457,556 | €1,410,035 | -€47,522 | -3.3% |
| Fixed assets | 21/28 | €1,200,511 | €1,152,620 | -€47,891 | -4.0% |
| Tangible fixed assets | 22/27 | €696,511 | €648,620 | -€47,891 | -6.9% |
| Land and buildings | 22 | €585,416 | €563,073 | -€22,343 | -3.8% |
| Plant, machinery and equipment | 23 | €6,104 | €5,384 | -€720 | -11.8% |
| Furniture and vehicles | 24 | €48,502 | €41,208 | -€7,294 | -15.0% |
| Leasing and similar rights | 25 | €56,488 | €38,954 | -€17,534 | -31.0% |
| Financial fixed assets | 28 | €504,000 | €504,000 | = | 0.0% |
| Current assets | 29/58 | €257,045 | €257,415 | +€370 | +0.1% |
| Amounts receivable after more than one year | 29 | €19,000 | €19,000 | = | 0.0% |
| Trade receivables | 290 | €19,000 | €19,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €237,253 | €238,369 | +€1,117 | +0.5% |
| Trade receivables | 40 | €108,741 | €89,927 | -€18,814 | -17.3% |
| Other amounts receivable | 41 | €128,512 | €148,442 | +€19,930 | +15.5% |
| Cash at bank and in hand | 54/58 | €244 | €46 | -€198 | -81.3% |
| Deferred charges and accrued income | 490/1 | €549 | - | -€549 | |
| Total equity and liabilities | 10/49 | €1,457,556 | €1,410,035 | -€47,522 | -3.3% |
| Equity | 10/15 | €5,648 | €55,506 | +€49,858 | +882.7% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | - | €49,106 | +€49,106 | |
| Distributable reserves | 133 | - | €49,106 | +€49,106 | |
| Profit (loss) carried forward | 14 | -€752 | - | +€752 | |
| Amounts payable | 17/49 | €1,451,908 | €1,354,528 | -€97,380 | -6.7% |
| Amounts payable after more than one year | 17 | €890,617 | €618,419 | -€272,198 | -30.6% |
| Financial debts | 170/4 | €890,617 | €618,419 | -€272,198 | -30.6% |
| Amounts payable within one year | 42/48 | €561,291 | €736,110 | +€174,819 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €266,508 | €271,626 | +€5,118 | +1.9% |
| Financial debts | 43 | - | €86,309 | +€86,309 | |
| Credit institutions | 430/8 | - | €86,309 | +€86,309 | |
| Trade debts | 44 | €12,095 | €8,870 | -€3,225 | -26.7% |
| Suppliers | 440/4 | €12,095 | €8,870 | -€3,225 | -26.7% |
| Taxes, remuneration and social security | 45 | €25,852 | €16,927 | -€8,924 | -34.5% |
| Taxes | 450/3 | €25,852 | €13,173 | -€12,679 | -49.0% |
| Remuneration and social security | 454/9 | - | €3,754 | +€3,754 | |
| Other amounts payable | 47/48 | €256,837 | €352,379 | +€95,542 | +37.2% |
| Non-recurring operating income | 76A | - | €75 | +€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,272 | €47,384 | -€888 | -1.8% |
| Other operating charges | 640/8 | €2,035 | €4,123 | +€2,088 | +102.6% |
| Non-recurring operating charges | 66A | - | €508 | +€508 | |
| Gross operating margin | 9900 | €208,304 | €161,168 | -€47,136 | -22.6% |
| Operating profit (loss) | 9901 | €157,996 | €109,154 | -€48,843 | -30.9% |
| Financial income | 75/76B | €1,618 | €3,665 | +€2,047 | +126.5% |
| Recurring financial income | 75 | €1,618 | €3,665 | +€2,047 | +126.5% |
| Financial charges | 65/66B | €36,959 | €47,623 | +€10,664 | +28.9% |
| Recurring financial charges | 65 | €36,959 | €47,623 | +€10,664 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €122,656 | €65,196 | -€57,460 | -46.8% |
| Income taxes | 67/77 | €854 | €13,672 | +€12,819 | +1501.8% |
| Profit (loss) for the period | 9904 | €121,802 | €51,524 | -€70,278 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €121,802 | €51,524 | -€70,278 | -57.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.