NeuronautX: 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.
NeuronautX
Largest movements
- Current investments -€329,330
down €329,330 (-76.7%), from €429,533 to €100,203
- Cash +€139,518
up €139,518 (+38.4%), from €363,363 to €502,881
mainly Net result for the year (+€630,307) and Current investments (+€329,330)
- Receivables within one year -€45,977
down €45,977 (-31.2%), from €147,401 to €101,424
of which Trade receivables: -€31,509
- Other debts -€221,523
down €221,523 (-25.4%), from €871,569 to €650,046
- Tax, wage and social debts +€32,434
new in 2025: €32,434
of which Remuneration and social security: +€26,160
- Trade debts -€21,998
down €21,998 (-73.8%), from €29,812 to €7,815
- Contributions +€20,405
new in 2025: €20,405
- Reserves -€20,405
down €20,405 (-52.5%), from €38,890 to €18,485
- Staff costs -€145,740
down €145,740 (-99.9%), from €145,817 to €77
- Taxes +€31,751
up €31,751 (+18.2%), from €174,523 to €206,274
- Financial charges +€17,101
up €17,101 (+174.3%), from €9,809 to €26,910
- Gross operating margin -€11,940
down €11,940 (-1.4%), from €875,801 to €863,861
- Other operating charges -€10,260
down €10,260 (-87.3%), from €11,754 to €1,494
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 | €1,132,882 | €903,776 | -€229,105 | -20.2% |
| Fixed assets | 21/28 | €190,129 | €195,789 | +€5,660 | +3.0% |
| Tangible fixed assets | 22/27 | €189,919 | €195,579 | +€5,660 | +3.0% |
| Land and buildings | 22 | €186,752 | €186,943 | +€192 | +0.1% |
| Furniture and vehicles | 24 | €3,167 | €8,636 | +€5,468 | +172.7% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €942,753 | €707,988 | -€234,765 | -24.9% |
| Amounts receivable within one year | 40/41 | €147,401 | €101,424 | -€45,977 | -31.2% |
| Trade receivables | 40 | €121,002 | €89,493 | -€31,509 | -26.0% |
| Other amounts receivable | 41 | €26,399 | €11,931 | -€14,468 | -54.8% |
| Current investments | 50/53 | €429,533 | €100,203 | -€329,330 | -76.7% |
| Cash at bank and in hand | 54/58 | €363,363 | €502,881 | +€139,518 | +38.4% |
| Deferred charges and accrued income | 490/1 | €2,456 | €3,480 | +€1,024 | +41.7% |
| Total equity and liabilities | 10/49 | €1,132,882 | €903,776 | -€229,105 | -20.2% |
| Equity | 10/15 | €39,498 | €39,505 | +€7 | 0.0% |
| Contributions | 10/11 | - | €20,405 | +€20,405 | |
| Reserves | 13 | €38,890 | €18,485 | -€20,405 | -52.5% |
| Distributable reserves | 133 | €38,890 | €18,485 | -€20,405 | -52.5% |
| Profit (loss) carried forward | 14 | €608 | €615 | +€7 | +1.1% |
| Amounts payable | 17/49 | €1,093,384 | €864,271 | -€229,112 | -21.0% |
| Amounts payable after more than one year | 17 | €173,541 | €154,729 | -€18,811 | -10.8% |
| Financial debts | 170/4 | €173,541 | €154,729 | -€18,811 | -10.8% |
| Amounts payable within one year | 42/48 | €919,843 | €709,106 | -€210,737 | -22.9% |
| Financial debts | 43 | €18,462 | €18,811 | +€349 | +1.9% |
| Credit institutions | 430/8 | €18,462 | €18,811 | +€349 | +1.9% |
| Trade debts | 44 | €29,812 | €7,815 | -€21,998 | -73.8% |
| Suppliers | 440/4 | €29,812 | €7,815 | -€21,998 | -73.8% |
| Taxes, remuneration and social security | 45 | - | €32,434 | +€32,434 | |
| Taxes | 450/3 | - | €6,274 | +€6,274 | |
| Remuneration and social security | 454/9 | - | €26,160 | +€26,160 | |
| Other amounts payable | 47/48 | €871,569 | €650,046 | -€221,523 | -25.4% |
| Accrued charges and deferred income | 492/3 | - | €436 | +€436 | |
| Remuneration, social security and pensions | 62 | €145,817 | €77 | -€145,740 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,460 | €28,170 | +€2,710 | +10.6% |
| Other operating charges | 640/8 | €11,754 | €1,494 | -€10,260 | -87.3% |
| Gross operating margin | 9900 | €875,801 | €863,861 | -€11,940 | -1.4% |
| Operating profit (loss) | 9901 | €692,771 | €834,121 | +€141,350 | +20.4% |
| Financial income | 75/76B | €23,892 | €29,370 | +€5,479 | +22.9% |
| Recurring financial income | 75 | €23,892 | €29,370 | +€5,479 | +22.9% |
| Financial charges | 65/66B | €9,809 | €26,910 | +€17,101 | +174.3% |
| Recurring financial charges | 65 | €9,809 | €26,910 | +€17,101 | +174.3% |
| Profit (loss) for the period before taxes | 9903 | €706,854 | €836,581 | +€129,727 | +18.4% |
| Income taxes | 67/77 | €174,523 | €206,274 | +€31,751 | +18.2% |
| Profit (loss) for the period | 9904 | €532,331 | €630,307 | +€97,976 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €532,331 | €630,307 | +€97,976 | +18.4% |
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 2 October 2026 via checked.be.