NEUROGLIA: 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.
NEUROGLIA
Largest movements
- Receivables within one year -€24,432
down €24,432 (-18.6%), from €131,302 to €106,870
of which Trade receivables: -€27,239
- Cash -€17,734
down €17,734 (-19.2%), from €92,268 to €74,535
mainly Contributions, distributions and other (-€96,000) and Trade debts (-€5,874)
- Contributions -€50,000
down €50,000 (-83.3%), from €60,000 to €10,000
- Profit (loss) carried forward -€45,663
down €45,663 (-97.4%), from €46,885 to €1,222
- Other debts +€35,258
up €35,258 (+393%), from €8,966 to €44,225
- Reserves +€20,000
up €20,000 (+24.4%), from €82,000 to €102,000
- Trade debts -€5,874
down €5,874 (-87.5%), from €6,712 to €838
- Gross operating margin -€77,184
down €77,184 (-65.8%), from €117,292 to €40,108
- Other operating charges -€5,629
down €5,629 (-57.3%), from €9,826 to €4,197
- Depreciation -€4,320
down €4,320 (-84.6%), from €5,108 to €788
- Taxes -€3,740
down €3,740 (-20.2%), from €18,510 to €14,770
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 | €230,876 | €189,152 | -€41,725 | -18.1% |
| Fixed assets | 21/28 | €7,306 | €6,518 | -€788 | -10.8% |
| Tangible fixed assets | 22/27 | €1,148 | €360 | -€788 | -68.7% |
| Furniture and vehicles | 24 | €54 | - | -€54 | |
| Leasing and similar rights | 25 | €1,094 | €360 | -€734 | -67.1% |
| Financial fixed assets | 28 | €6,158 | €6,158 | = | 0.0% |
| Current assets | 29/58 | €223,570 | €182,634 | -€40,936 | -18.3% |
| Amounts receivable within one year | 40/41 | €131,302 | €106,870 | -€24,432 | -18.6% |
| Trade receivables | 40 | €124,112 | €96,872 | -€27,239 | -21.9% |
| Other amounts receivable | 41 | €7,190 | €9,998 | +€2,808 | +39.0% |
| Cash at bank and in hand | 54/58 | €92,268 | €74,535 | -€17,734 | -19.2% |
| Deferred charges and accrued income | 490/1 | - | €1,229 | +€1,229 | |
| Total equity and liabilities | 10/49 | €230,876 | €189,152 | -€41,725 | -18.1% |
| Equity | 10/15 | €188,885 | €113,222 | -€75,663 | -40.1% |
| Contributions | 10/11 | €60,000 | €10,000 | -€50,000 | -83.3% |
| Capital | 10 | €60,000 | €10,000 | -€50,000 | -83.3% |
| Issued capital | 100 | €60,000 | €10,000 | -€50,000 | -83.3% |
| Reserves | 13 | €82,000 | €102,000 | +€20,000 | +24.4% |
| Distributable reserves | 133 | €82,000 | €102,000 | +€20,000 | +24.4% |
| Profit (loss) carried forward | 14 | €46,885 | €1,222 | -€45,663 | -97.4% |
| Amounts payable | 17/49 | €41,992 | €75,930 | +€33,938 | +80.8% |
| Amounts payable within one year | 42/48 | €41,992 | €75,930 | +€33,938 | +80.8% |
| Trade debts | 44 | €6,712 | €838 | -€5,874 | -87.5% |
| Suppliers | 440/4 | €6,712 | €838 | -€5,874 | -87.5% |
| Taxes, remuneration and social security | 45 | €26,313 | €30,867 | +€4,554 | +17.3% |
| Taxes | 450/3 | €26,313 | €24,006 | -€2,307 | -8.8% |
| Remuneration and social security | 454/9 | - | €6,862 | +€6,862 | |
| Other amounts payable | 47/48 | €8,966 | €44,225 | +€35,258 | +393% |
| Non-recurring operating income | 76A | €108 | €4,663 | +€4,556 | +4,229% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,108 | €788 | -€4,320 | -84.6% |
| Other operating charges | 640/8 | €9,826 | €4,197 | -€5,629 | -57.3% |
| Gross operating margin | 9900 | €117,292 | €40,108 | -€77,184 | -65.8% |
| Operating profit (loss) | 9901 | €102,357 | €35,122 | -€67,235 | -65.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €324 | €20 | -€304 | -93.8% |
| Recurring financial charges | 65 | €324 | €20 | -€304 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €102,033 | €35,108 | -€66,926 | -65.6% |
| Income taxes | 67/77 | €18,510 | €14,770 | -€3,740 | -20.2% |
| Profit (loss) for the period | 9904 | €83,523 | €20,337 | -€63,186 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €83,523 | €20,337 | -€63,186 | -75.7% |
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 15 October 2026 via checked.be.