NEURALNET: what changed
Two fiscal 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.
NEURALNET
Largest movements
- Cash -€27,271
no longer reported in 2025 (was €27,271)
mainly Net result for the year (-€26,415) and Investment in fixed assets (net) (-€16,567)
- Deferred charges and accrued income +€9,013
up €9,013 (+2409.1%), from €374 to €9,387
- Tangible fixed assets -€3,794
down €3,794 (-9.0%), from €42,052 to €38,257
of which Plant, machinery and equipment: -€8,963
- Receivables within one year -€2,689
down €2,689 (-8.1%), from €33,007 to €30,318
of which Trade receivables: -€11,389
- Profit (loss) carried forward -€26,415
down €26,415, from €1,149 to -€25,267
- Trade debts +€4,986
up €4,986 (+52.8%), from €9,439 to €14,424
- Tax, wage and social debts -€3,645
down €3,645 (-37.5%), from €9,730 to €6,085
of which Remuneration and social security: -€2,024
- Gross operating margin -€35,772
down €35,772 (-70.0%), from €51,096 to €15,325
- Taxes -€5,420
down €5,420, from €4,781 to -€639
- Financial charges +€3,397
up €3,397 (+157.8%), from €2,152 to €5,549
- Depreciation -€3,166
down €3,166 (-13.5%), from €23,528 to €20,362
- Other operating charges +€1,165
up €1,165 (+119.9%), from €971 to €2,137
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 | €103,205 | €78,463 | -€24,741 | -24.0% |
| Fixed assets | 21/28 | €42,552 | €38,757 | -€3,794 | -8.9% |
| Tangible fixed assets | 22/27 | €42,052 | €38,257 | -€3,794 | -9.0% |
| Plant, machinery and equipment | 23 | €28,934 | €19,971 | -€8,963 | -31.0% |
| Furniture and vehicles | 24 | €13,118 | €18,287 | +€5,169 | +39.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €60,653 | €39,706 | -€20,947 | -34.5% |
| Amounts receivable within one year | 40/41 | €33,007 | €30,318 | -€2,689 | -8.1% |
| Trade receivables | 40 | €32,788 | €21,400 | -€11,389 | -34.7% |
| Other amounts receivable | 41 | €219 | €8,919 | +€8,700 | +3972.4% |
| Cash at bank and in hand | 54/58 | €27,271 | - | -€27,271 | |
| Deferred charges and accrued income | 490/1 | €374 | €9,387 | +€9,013 | +2409.1% |
| Total equity and liabilities | 10/49 | €103,205 | €78,463 | -€24,741 | -24.0% |
| Equity | 10/15 | €81,724 | €55,309 | -€26,415 | -32.3% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €67,575 | €67,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €65,720 | €67,575 | +€1,855 | +2.8% |
| Profit (loss) carried forward | 14 | €1,149 | -€25,267 | -€26,415 | |
| Amounts payable | 17/49 | €21,480 | €23,154 | +€1,674 | +7.8% |
| Amounts payable within one year | 42/48 | €21,480 | €23,154 | +€1,674 | +7.8% |
| Financial debts | 43 | €1,692 | €2,645 | +€953 | +56.3% |
| Credit institutions | 430/8 | €1,692 | €2,645 | +€953 | +56.3% |
| Trade debts | 44 | €9,439 | €14,424 | +€4,986 | +52.8% |
| Suppliers | 440/4 | €9,439 | €14,424 | +€4,986 | +52.8% |
| Taxes, remuneration and social security | 45 | €9,730 | €6,085 | -€3,645 | -37.5% |
| Taxes | 450/3 | €7,706 | €6,085 | -€1,621 | -21.0% |
| Remuneration and social security | 454/9 | €2,024 | - | -€2,024 | |
| Other amounts payable | 47/48 | €619 | - | -€619 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,528 | €20,362 | -€3,166 | -13.5% |
| Other operating charges | 640/8 | €971 | €2,137 | +€1,165 | +119.9% |
| Non-recurring operating charges | 66A | €8,776 | €14,332 | +€5,556 | +63.3% |
| Gross operating margin | 9900 | €51,096 | €15,325 | -€35,772 | -70.0% |
| Operating profit (loss) | 9901 | €17,821 | -€21,505 | -€39,326 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,152 | €5,549 | +€3,397 | +157.8% |
| Recurring financial charges | 65 | €2,152 | €5,549 | +€3,397 | +157.8% |
| Profit (loss) for the period before taxes | 9903 | €15,669 | -€27,054 | -€42,723 | |
| Income taxes | 67/77 | €4,781 | -€639 | -€5,420 | |
| Profit (loss) for the period | 9904 | €10,888 | -€26,415 | -€37,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,888 | -€26,415 | -€37,303 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.