NEPPO SERVICES: 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.
NEPPO SERVICES
Largest movements
- Cash +€13,277
up €13,277 (+43.0%), from €30,865 to €44,142
mainly Net result for the year (+€28,732) and Trade debts (+€6,551)
- Receivables within one year +€2,688
up €2,688 (+119.3%), from €2,253 to €4,941
of which Other amounts receivable: +€2,820
- Deferred charges and accrued income -€2,156
down €2,156 (-31.0%), from €6,964 to €4,808
- Stocks and contracts +€1,471
up €1,471 (+37.3%), from €3,946 to €5,418
- Reserves +€28,732
up €28,732 (+42.1%), from €68,206 to €96,938
- Other debts -€11,269
down €11,269 (-100.0%), from €11,269 to €0
- Trade debts +€6,551
up €6,551 (+283.5%), from €2,311 to €8,863
- Debts after one year -€3,743
no longer reported in 2025 (was €3,743)
- Tax, wage and social debts -€3,305
down €3,305 (-76.0%), from €4,348 to €1,043
of which Taxes: -€3,305
- Gross operating margin +€15,183
up €15,183 (+17.8%), from €85,301 to €100,484
- Staff costs -€10,374
down €10,374 (-16.0%), from €65,023 to €54,649
- Taxes +€7,418
up €7,418 (+195.9%), from €3,787 to €11,206
- Other operating charges -€1,741
down €1,741 (-59.3%), from €2,938 to €1,196
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,274 | €118,647 | +€14,373 | +13.8% |
| Fixed assets | 21/28 | €35,245 | €34,339 | -€907 | -2.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €35,095 | €34,189 | -€907 | -2.6% |
| Land and buildings | 22 | €3,184 | €2,610 | -€574 | -18.0% |
| Plant, machinery and equipment | 23 | €28,795 | €28,311 | -€484 | -1.7% |
| Furniture and vehicles | 24 | €3,116 | €3,267 | +€151 | +4.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €69,029 | €84,308 | +€15,280 | +22.1% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Trade receivables | 290 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,946 | €5,418 | +€1,471 | +37.3% |
| Stocks | 30/36 | €3,946 | €5,418 | +€1,471 | +37.3% |
| Amounts receivable within one year | 40/41 | €2,253 | €4,941 | +€2,688 | +119.3% |
| Trade receivables | 40 | €132 | - | -€132 | |
| Other amounts receivable | 41 | €2,121 | €4,941 | +€2,820 | +133.0% |
| Cash at bank and in hand | 54/58 | €30,865 | €44,142 | +€13,277 | +43.0% |
| Deferred charges and accrued income | 490/1 | €6,964 | €4,808 | -€2,156 | -31.0% |
| Total equity and liabilities | 10/49 | €104,274 | €118,647 | +€14,373 | +13.8% |
| Equity | 10/15 | €76,266 | €104,998 | +€28,732 | +37.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €68,206 | €96,938 | +€28,732 | +42.1% |
| Distributable reserves | 133 | €68,206 | €96,938 | +€28,732 | +42.1% |
| Amounts payable | 17/49 | €28,008 | €13,649 | -€14,359 | -51.3% |
| Amounts payable after more than one year | 17 | €3,743 | - | -€3,743 | |
| Financial debts | 170/4 | €3,743 | - | -€3,743 | |
| Amounts payable within one year | 42/48 | €24,265 | €13,649 | -€10,616 | -43.8% |
| Current portion of amounts payable after more than one year | 42 | €6,337 | €3,743 | -€2,595 | -40.9% |
| Trade debts | 44 | €2,311 | €8,863 | +€6,551 | +283.5% |
| Suppliers | 440/4 | €2,311 | €8,863 | +€6,551 | +283.5% |
| Taxes, remuneration and social security | 45 | €4,348 | €1,043 | -€3,305 | -76.0% |
| Taxes | 450/3 | €4,348 | €1,043 | -€3,305 | -76.0% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €11,269 | €0 | -€11,269 | -100.0% |
| Remuneration, social security and pensions | 62 | €65,023 | €54,649 | -€10,374 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,166 | €4,489 | -€677 | -13.1% |
| Other operating charges | 640/8 | €2,938 | €1,196 | -€1,741 | -59.3% |
| Gross operating margin | 9900 | €85,301 | €100,484 | +€15,183 | +17.8% |
| Operating profit (loss) | 9901 | €12,175 | €40,150 | +€27,975 | +229.8% |
| Financial income | 75/76B | €605 | €646 | +€40 | +6.6% |
| Recurring financial income | 75 | €605 | €646 | +€40 | +6.6% |
| Financial charges | 65/66B | €847 | €858 | +€11 | +1.3% |
| Recurring financial charges | 65 | €847 | €858 | +€11 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €11,933 | €39,938 | +€28,005 | +234.7% |
| Income taxes | 67/77 | €3,787 | €11,206 | +€7,418 | +195.9% |
| Profit (loss) for the period | 9904 | €8,146 | €28,732 | +€20,587 | +252.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,146 | €28,732 | +€20,587 | +252.7% |
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 3 October 2026 via checked.be.