NEUFCHATEL: 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.
NEUFCHATEL
Largest movements
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Cash +€82,935
up €82,935 (+152.2%), from €54,502 to €137,437
mainly Current investments (+€200,000) and Depreciation (+€58,207)
- Tangible fixed assets +€45,198
up €45,198 (+6.1%), from €739,248 to €784,446
- Financial fixed assets -€13,883
down €13,883 (-100.0%), from €13,883 to €0
- Debts after one year -€67,845
down €67,845 (-20.9%), from €325,180 to €257,335
- Profit (loss) carried forward -€20,507
new in 2025: -€20,507
- Financial charges +€73,530
up €73,530 (+286.0%), from €25,712 to €99,241
of which Financial charges: +€59,647
- Depreciation +€17,887
up €17,887 (+44.4%), from €40,320 to €58,207
- Gross operating margin +€4,550
up €4,550 (+3.1%), from €148,167 to €152,718
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 | €1,008,013 | €922,750 | -€85,262 | -8.5% |
| Fixed assets | 21/28 | €753,131 | €784,446 | +€31,315 | +4.2% |
| Tangible fixed assets | 22/27 | €739,248 | €784,446 | +€45,198 | +6.1% |
| Land and buildings | 22 | €739,248 | €784,446 | +€45,198 | +6.1% |
| Financial fixed assets | 28 | €13,883 | €0 | -€13,883 | -100.0% |
| Current assets | 29/58 | €254,882 | €138,304 | -€116,578 | -45.7% |
| Amounts receivable within one year | 40/41 | €380 | €867 | +€487 | +128.4% |
| Other amounts receivable | 41 | €380 | €867 | +€487 | +128.4% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €54,502 | €137,437 | +€82,935 | +152.2% |
| Total equity and liabilities | 10/49 | €1,008,013 | €922,750 | -€85,262 | -8.5% |
| Equity | 10/15 | €618,077 | €597,570 | -€20,507 | -3.3% |
| Reserves | 13 | €618,077 | €618,077 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €616,077 | €616,077 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€20,507 | -€20,507 | |
| Amounts payable | 17/49 | €389,936 | €325,180 | -€64,756 | -16.6% |
| Amounts payable after more than one year | 17 | €325,180 | €257,335 | -€67,845 | -20.9% |
| Financial debts | 170/4 | €325,180 | €257,335 | -€67,845 | -20.9% |
| Amounts payable within one year | 42/48 | €64,756 | €67,845 | +€3,090 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €63,648 | €67,845 | +€4,197 | +6.6% |
| Trade debts | 44 | €968 | €0 | -€968 | -100.0% |
| Suppliers | 440/4 | €968 | €0 | -€968 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €140 | €0 | -€140 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,320 | €58,207 | +€17,887 | +44.4% |
| Other operating charges | 640/8 | €15,590 | €16,068 | +€478 | +3.1% |
| Gross operating margin | 9900 | €148,167 | €152,718 | +€4,550 | +3.1% |
| Operating profit (loss) | 9901 | €92,257 | €78,442 | -€13,815 | -15.0% |
| Financial income | 75/76B | €0 | €292 | +€292 | |
| Recurring financial income | 75 | €0 | €292 | +€292 | |
| Financial charges | 65/66B | €25,712 | €99,241 | +€73,530 | +286.0% |
| Recurring financial charges | 65 | €25,712 | €85,359 | +€59,647 | +232.0% |
| Non-recurring financial charges | 66B | - | €13,883 | +€13,883 | |
| Profit (loss) for the period before taxes | 9903 | €66,545 | -€20,507 | -€87,052 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €66,545 | -€20,507 | -€87,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,545 | -€20,507 | -€87,052 |
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 12 October 2026 via checked.be.