Neste Belgium: 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.
Neste Belgium
Largest movements
- Cash +€551,651
up €551,651 (+960%), from €57,467 to €609,118
mainly Net result for the year (+€835,688) and Tax, wage and social debts (+€164,094)
- Receivables within one year +€339,038
up €339,038 (+27.5%), from €1.2m to €1.6m
of which Trade receivables: +€283,431
- Profit (loss) carried forward +€835,688
up €835,688 (+153%), from €545,923 to €1.4m
- Short-term financial debts -€227,355
down €227,355 (-100%), from €227,355 to €0
- Tax, wage and social debts +€164,094
up €164,094 (+44.8%), from €365,993 to €530,087
of which Taxes: +€139,697
- Provisions +€95,192
up €95,192 (+414%), from €23,000 to €118,192
- Trade debts +€25,190
up €25,190 (+27.5%), from €91,649 to €116,839
- Staff costs -€1.8m
down €1.8m (-56.6%), from €3.2m to €1.4m
- Gross operating margin -€861,097
down €861,097 (-24.5%), from €3.5m to €2.6m
- Taxes +€285,255
up €285,255 (+1,632%), from €17,474 to €302,729
- Provisions +€72,192
up €72,192 (+314%), from €23,000 to €95,192
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 | €1,321,570 | €2,214,379 | +€892,809 | +67.6% |
| Current assets | 29/58 | €1,321,570 | €2,214,379 | +€892,809 | +67.6% |
| Amounts receivable within one year | 40/41 | €1,233,253 | €1,572,291 | +€339,038 | +27.5% |
| Trade receivables | 40 | €1,137,400 | €1,420,831 | +€283,431 | +24.9% |
| Other amounts receivable | 41 | €95,852 | €151,460 | +€55,608 | +58.0% |
| Cash at bank and in hand | 54/58 | €57,467 | €609,118 | +€551,651 | +960% |
| Deferred charges and accrued income | 490/1 | €30,851 | €32,971 | +€2,120 | +6.9% |
| Total equity and liabilities | 10/49 | €1,321,570 | €2,214,379 | +€892,809 | +67.6% |
| Equity | 10/15 | €613,573 | €1,449,261 | +€835,688 | +136% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €545,923 | €1,381,611 | +€835,688 | +153% |
| Provisions and deferred taxes | 16 | €23,000 | €118,192 | +€95,192 | +414% |
| Provisions for liabilities and charges | 160/5 | €23,000 | €118,192 | +€95,192 | +414% |
| Other liabilities and charges | 164/5 | €23,000 | €118,192 | +€95,192 | +414% |
| Amounts payable | 17/49 | €684,998 | €646,926 | -€38,071 | -5.6% |
| Amounts payable within one year | 42/48 | €684,998 | €646,926 | -€38,071 | -5.6% |
| Financial debts | 43 | €227,355 | €0 | -€227,355 | -100% |
| Credit institutions | 430/8 | €227,355 | €0 | -€227,355 | -100% |
| Trade debts | 44 | €91,649 | €116,839 | +€25,190 | +27.5% |
| Suppliers | 440/4 | €91,649 | €116,839 | +€25,190 | +27.5% |
| Taxes, remuneration and social security | 45 | €365,993 | €530,087 | +€164,094 | +44.8% |
| Taxes | 450/3 | €13,498 | €153,194 | +€139,697 | +1,035% |
| Remuneration and social security | 454/9 | €352,496 | €376,893 | +€24,397 | +6.9% |
| Remuneration, social security and pensions | 62 | €3,241,901 | €1,407,400 | -€1.8m | -56.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €23,000 | €95,192 | +€72,192 | +314% |
| Other operating charges | 640/8 | - | €2,472 | +€2,472 | |
| Gross operating margin | 9900 | €3,507,707 | €2,646,610 | -€861,097 | -24.5% |
| Operating profit (loss) | 9901 | €242,807 | €1,141,545 | +€898,739 | +370% |
| Financial charges | 65/66B | €18,827 | €3,128 | -€15,698 | -83.4% |
| Recurring financial charges | 65 | €18,827 | €3,128 | -€15,698 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | €223,980 | €1,138,417 | +€914,437 | +408% |
| Income taxes | 67/77 | €17,474 | €302,729 | +€285,255 | +1,632% |
| Profit (loss) for the period | 9904 | €206,506 | €835,688 | +€629,182 | +305% |
| Profit (loss) for the period to be appropriated | 9905 | €206,506 | €835,688 | +€629,182 | +305% |
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 23 October 2026 via checked.be.