NEPTUNE & VORST SERVICES: 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 & VORST SERVICES
Largest movements
- Receivables within one year -€7,060
down €7,060 (-36.5%), from €19,325 to €12,265
of which Other amounts receivable: -€6,910
- Deferred charges and accrued income +€4,840
new in 2025: €4,840
- Cash +€1,749
up €1,749 (+148%), from €1,182 to €2,931
mainly Other debts (+€16,000) and Receivables within one year (+€7,060)
- Tangible fixed assets -€1,631
down €1,631 (-2.5%), from €64,879 to €63,248
of which Land and buildings: -€2,007
- Reserves -€16,000
down €16,000 (-41.0%), from €39,000 to €23,000
- Other debts +€16,000
new in 2025: €16,000
- Tax, wage and social debts -€3,050
down €3,050 (-85.3%), from €3,577 to €527
- Profit (loss) carried forward +€948
up €948 (+3.9%), from €24,209 to €25,157
- Gross operating margin -€17,309
down €17,309 (-76.3%), from €22,691 to €5,382
- Other operating charges -€7,516
no longer reported in 2025 (was €7,516)
- Taxes -€2,838
down €2,838 (-84.3%), from €3,365 to €527
- Depreciation +€1,980
up €1,980 (+115%), from €1,715 to €3,695
- Financial charges -€656
down €656 (-75.6%), from €868 to €212
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 | €85,386 | €83,284 | -€2,102 | -2.5% |
| Fixed assets | 21/28 | €64,879 | €63,248 | -€1,631 | -2.5% |
| Tangible fixed assets | 22/27 | €64,879 | €63,248 | -€1,631 | -2.5% |
| Land and buildings | 22 | €59,838 | €57,831 | -€2,007 | -3.4% |
| Furniture and vehicles | 24 | €5,041 | €5,417 | +€376 | +7.5% |
| Current assets | 29/58 | €20,507 | €20,036 | -€471 | -2.3% |
| Amounts receivable within one year | 40/41 | €19,325 | €12,265 | -€7,060 | -36.5% |
| Trade receivables | 40 | €150 | - | -€150 | |
| Other amounts receivable | 41 | €19,175 | €12,265 | -€6,910 | -36.0% |
| Cash at bank and in hand | 54/58 | €1,182 | €2,931 | +€1,749 | +148% |
| Deferred charges and accrued income | 490/1 | - | €4,840 | +€4,840 | |
| Total equity and liabilities | 10/49 | €85,386 | €83,284 | -€2,102 | -2.5% |
| Equity | 10/15 | €81,809 | €66,757 | -€15,052 | -18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,000 | €23,000 | -€16,000 | -41.0% |
| Distributable reserves | 133 | €39,000 | €23,000 | -€16,000 | -41.0% |
| Profit (loss) carried forward | 14 | €24,209 | €25,157 | +€948 | +3.9% |
| Amounts payable | 17/49 | €3,577 | €16,527 | +€12,950 | +362% |
| Amounts payable within one year | 42/48 | €3,577 | €16,527 | +€12,950 | +362% |
| Taxes, remuneration and social security | 45 | €3,577 | €527 | -€3,050 | -85.3% |
| Taxes | 450/3 | €3,577 | €527 | -€3,050 | -85.3% |
| Other amounts payable | 47/48 | - | €16,000 | +€16,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,715 | €3,695 | +€1,980 | +115% |
| Other operating charges | 640/8 | €7,516 | - | -€7,516 | |
| Gross operating margin | 9900 | €22,691 | €5,382 | -€17,309 | -76.3% |
| Operating profit (loss) | 9901 | €13,460 | €1,687 | -€11,773 | -87.5% |
| Financial charges | 65/66B | €868 | €212 | -€656 | -75.6% |
| Recurring financial charges | 65 | €868 | €212 | -€656 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €12,592 | €1,475 | -€11,117 | -88.3% |
| Income taxes | 67/77 | €3,365 | €527 | -€2,838 | -84.3% |
| Profit (loss) for the period | 9904 | €9,227 | €948 | -€8,279 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,227 | €948 | -€8,279 | -89.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.