NEUGYF: 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.
NEUGYF
Largest movements
- Cash +€41,295
up €41,295 (+12.8%), from €323,079 to €364,374
mainly Net result for the year (+€42,513) and Debts after one year (+€10,068)
- Tangible fixed assets +€22,851
up €22,851 (+86.7%), from €26,352 to €49,202
of which Furniture and vehicles: +€26,411
- Reserves +€40,653
up €40,653 (+11.1%), from €365,336 to €405,989
- Debts after one year +€10,068
up €10,068 (+71.9%), from €13,995 to €24,063
- Current portion of long-term debt +€8,962
up €8,962 (+121%), from €7,422 to €16,383
- Tax, wage and social debts +€6,189
up €6,189 (+113%), from €5,468 to €11,657
- Gross operating margin -€17,282
down €17,282 (-19.7%), from €87,509 to €70,227
- Depreciation -€6,848
down €6,848 (-46.2%), from €14,833 to €7,985
- Taxes -€2,420
down €2,420 (-11.7%), from €20,665 to €18,245
- Financial income +€1,947
up €1,947 (+134%), from €1,449 to €3,396
- Other operating charges +€1,321
up €1,321 (+66.3%), from €1,994 to €3,314
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 | €415,218 | €477,290 | +€62,072 | +14.9% |
| Fixed assets | 21/28 | €26,352 | €49,202 | +€22,851 | +86.7% |
| Tangible fixed assets | 22/27 | €26,352 | €49,202 | +€22,851 | +86.7% |
| Plant, machinery and equipment | 23 | €3,404 | - | -€3,404 | |
| Furniture and vehicles | 24 | €22,635 | €49,046 | +€26,411 | +117% |
| Other tangible fixed assets | 26 | €312 | €156 | -€156 | -50.0% |
| Current assets | 29/58 | €388,866 | €428,088 | +€39,222 | +10.1% |
| Amounts receivable within one year | 40/41 | €2,224 | - | -€2,224 | |
| Trade receivables | 40 | €2,178 | - | -€2,178 | |
| Other amounts receivable | 41 | €46 | - | -€46 | |
| Current investments | 50/53 | €63,377 | €63,377 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €323,079 | €364,374 | +€41,295 | +12.8% |
| Deferred charges and accrued income | 490/1 | €186 | €337 | +€151 | +81.0% |
| Total equity and liabilities | 10/49 | €415,218 | €477,290 | +€62,072 | +14.9% |
| Equity | 10/15 | €387,711 | €424,589 | +€36,878 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €365,336 | €405,989 | +€40,653 | +11.1% |
| Distributable reserves | 133 | €365,336 | €405,989 | +€40,653 | +11.1% |
| Profit (loss) carried forward | 14 | €3,775 | - | -€3,775 | |
| Amounts payable | 17/49 | €27,507 | €52,701 | +€25,195 | +91.6% |
| Amounts payable after more than one year | 17 | €13,995 | €24,063 | +€10,068 | +71.9% |
| Financial debts | 170/4 | €13,995 | €24,063 | +€10,068 | +71.9% |
| Amounts payable within one year | 42/48 | €13,511 | €28,602 | +€15,091 | +112% |
| Current portion of amounts payable after more than one year | 42 | €7,422 | €16,383 | +€8,962 | +121% |
| Trade debts | 44 | €621 | €244 | -€377 | -60.7% |
| Suppliers | 440/4 | €621 | €244 | -€377 | -60.7% |
| Taxes, remuneration and social security | 45 | €5,468 | €11,657 | +€6,189 | +113% |
| Taxes | 450/3 | €5,468 | €11,657 | +€6,189 | +113% |
| Other amounts payable | 47/48 | - | €317 | +€317 | |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,833 | €7,985 | -€6,848 | -46.2% |
| Other operating charges | 640/8 | €1,994 | €3,314 | +€1,321 | +66.3% |
| Gross operating margin | 9900 | €87,509 | €70,227 | -€17,282 | -19.7% |
| Operating profit (loss) | 9901 | €70,682 | €58,928 | -€11,754 | -16.6% |
| Financial income | 75/76B | €1,449 | €3,396 | +€1,947 | +134% |
| Recurring financial income | 75 | €1,449 | €3,396 | +€1,947 | +134% |
| Financial charges | 65/66B | €655 | €1,566 | +€911 | +139% |
| Recurring financial charges | 65 | €655 | €1,566 | +€911 | +139% |
| Profit (loss) for the period before taxes | 9903 | €71,476 | €60,757 | -€10,718 | -15.0% |
| Income taxes | 67/77 | €20,665 | €18,245 | -€2,420 | -11.7% |
| Profit (loss) for the period | 9904 | €50,811 | €42,513 | -€8,298 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,811 | €42,513 | -€8,298 | -16.3% |
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 19 October 2026 via checked.be.