NEUREVAL: 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.
NEUREVAL
Largest movements
- Cash +€69,883
up €69,883 (+43.4%), from €160,923 to €230,806
mainly Other debts (+€160,291) and Net result for the year (+€55,354)
- Receivables within one year -€5,367
down €5,367 (-64.6%), from €8,314 to €2,947
of which Trade receivables: -€6,563
- Other debts +€160,291
up €160,291 (+3416.9%), from €4,691 to €164,982
- Reserves -€132,646
down €132,646 (-99.4%), from €133,455 to €809
- Tax, wage and social debts +€33,475
up €33,475 (+131.6%), from €25,428 to €58,902
of which Taxes: +€30,310
- Trade debts +€3,116
up €3,116 (+137.5%), from €2,266 to €5,382
- Staff costs +€45,245
new in 2025: €45,245
- Gross operating margin +€17,584
up €17,584 (+17.8%), from €98,979 to €116,563
- Taxes -€4,646
down €4,646 (-23.6%), from €19,675 to €15,029
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 | €169,840 | €234,076 | +€64,236 | +37.8% |
| Fixed assets | 21/28 | €603 | €323 | -€280 | -46.4% |
| Tangible fixed assets | 22/27 | €553 | €63 | -€490 | -88.6% |
| Plant, machinery and equipment | 23 | €553 | €63 | -€490 | -88.6% |
| Financial fixed assets | 28 | €50 | €260 | +€210 | +418.4% |
| Current assets | 29/58 | €169,237 | €233,753 | +€64,515 | +38.1% |
| Amounts receivable within one year | 40/41 | €8,314 | €2,947 | -€5,367 | -64.6% |
| Trade receivables | 40 | €8,314 | €1,751 | -€6,563 | -78.9% |
| Other amounts receivable | 41 | - | €1,196 | +€1,196 | |
| Cash at bank and in hand | 54/58 | €160,923 | €230,806 | +€69,883 | +43.4% |
| Total equity and liabilities | 10/49 | €169,840 | €234,076 | +€64,236 | +37.8% |
| Equity | 10/15 | €137,455 | €4,809 | -€132,646 | -96.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €133,455 | €809 | -€132,646 | -99.4% |
| Distributable reserves | 133 | €133,455 | €809 | -€132,646 | -99.4% |
| Amounts payable | 17/49 | €32,385 | €229,267 | +€196,882 | +607.9% |
| Amounts payable within one year | 42/48 | €32,385 | €229,267 | +€196,882 | +607.9% |
| Trade debts | 44 | €2,266 | €5,382 | +€3,116 | +137.5% |
| Suppliers | 440/4 | €2,266 | €5,382 | +€3,116 | +137.5% |
| Taxes, remuneration and social security | 45 | €25,428 | €58,902 | +€33,475 | +131.6% |
| Taxes | 450/3 | €22,426 | €52,736 | +€30,310 | +135.2% |
| Remuneration and social security | 454/9 | €3,002 | €6,166 | +€3,164 | +105.4% |
| Other amounts payable | 47/48 | €4,691 | €164,982 | +€160,291 | +3416.9% |
| Remuneration, social security and pensions | 62 | - | €45,245 | +€45,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €490 | = | 0.0% |
| Other operating charges | 640/8 | €996 | €1,019 | +€23 | +2.3% |
| Gross operating margin | 9900 | €98,979 | €116,563 | +€17,584 | +17.8% |
| Operating profit (loss) | 9901 | €97,493 | €69,809 | -€27,684 | -28.4% |
| Financial income | 75/76B | €99 | €776 | +€676 | +680.1% |
| Recurring financial income | 75 | €99 | €776 | +€676 | +680.1% |
| Financial charges | 65/66B | €45 | €202 | +€157 | +349.2% |
| Recurring financial charges | 65 | €45 | €202 | +€157 | +349.2% |
| Profit (loss) for the period before taxes | 9903 | €97,548 | €70,383 | -€27,165 | -27.8% |
| Income taxes | 67/77 | €19,675 | €15,029 | -€4,646 | -23.6% |
| Profit (loss) for the period | 9904 | €77,872 | €55,354 | -€22,519 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,872 | €55,354 | -€22,519 | -28.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.