Neptune IT Solutions: 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.
Neptune IT Solutions
Largest movements
- Cash -€19,948
down €19,948 (-12.9%), from €154,176 to €134,228
mainly Net result for the year (-€10,323) and Tax, wage and social debts (-€8,629)
- Profit (loss) carried forward -€10,323
new in 2025: -€10,323
- Tax, wage and social debts -€8,629
down €8,629 (-51.2%), from €16,842 to €8,213
- Gross operating margin -€65,527
down €65,527, from €54,275 to -€11,251
- Taxes -€11,294
down €11,294, from €9,753 to -€1,540
- Depreciation -€605
down €605 (-53.2%), from €1,138 to €532
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 | €180,063 | €160,379 | -€19,684 | -10.9% |
| Fixed assets | 21/28 | €3,609 | €3,077 | -€532 | -14.7% |
| Tangible fixed assets | 22/27 | €1,909 | €1,377 | -€532 | -27.9% |
| Furniture and vehicles | 24 | €1,909 | €1,377 | -€532 | -27.9% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €176,454 | €157,302 | -€19,152 | -10.9% |
| Amounts receivable within one year | 40/41 | €22,278 | €21,765 | -€513 | -2.3% |
| Trade receivables | 40 | €22,278 | €10,754 | -€11,524 | -51.7% |
| Other amounts receivable | 41 | - | €11,011 | +€11,011 | |
| Cash at bank and in hand | 54/58 | €154,176 | €134,228 | -€19,948 | -12.9% |
| Deferred charges and accrued income | 490/1 | - | €1,309 | +€1,309 | |
| Total equity and liabilities | 10/49 | €180,063 | €160,379 | -€19,684 | -10.9% |
| Equity | 10/15 | €119,445 | €109,122 | -€10,323 | -8.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €107,045 | €107,045 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,078 | €8,078 | = | 0.0% |
| Distributable reserves | 133 | €97,107 | €97,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,323 | -€10,323 | |
| Provisions and deferred taxes | 16 | €42,000 | €42,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €42,000 | €42,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €42,000 | €42,000 | = | 0.0% |
| Amounts payable | 17/49 | €18,618 | €9,257 | -€9,361 | -50.3% |
| Amounts payable within one year | 42/48 | €18,618 | €9,257 | -€9,361 | -50.3% |
| Trade debts | 44 | €1,595 | €805 | -€790 | -49.5% |
| Suppliers | 440/4 | €1,595 | €805 | -€790 | -49.5% |
| Advances received on contracts in progress | 46 | €61 | €239 | +€178 | +290% |
| Taxes, remuneration and social security | 45 | €16,842 | €8,213 | -€8,629 | -51.2% |
| Taxes | 450/3 | €16,842 | €8,213 | -€8,629 | -51.2% |
| Other amounts payable | 47/48 | €120 | - | -€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,138 | €532 | -€605 | -53.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €54,275 | -€11,251 | -€65,527 | |
| Operating profit (loss) | 9901 | €53,020 | -€11,904 | -€64,923 | |
| Financial income | 75/76B | - | €289 | +€289 | |
| Recurring financial income | 75 | - | €289 | +€289 | |
| Financial charges | 65/66B | €201 | €249 | +€48 | +23.9% |
| Recurring financial charges | 65 | €201 | €249 | +€48 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €52,819 | -€11,863 | -€64,682 | |
| Income taxes | 67/77 | €9,753 | -€1,540 | -€11,294 | |
| Profit (loss) for the period | 9904 | €43,066 | -€10,323 | -€53,389 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,066 | -€10,323 | -€53,389 |
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 20 October 2026 via checked.be.