NEURONICS: 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.
NEURONICS
Largest movements
- Tangible fixed assets -€219,791
down €219,791 (-27.6%), from €794,946 to €575,155
of which Plant, machinery and equipment: -€181,413
- Cash +€168,558
up €168,558 (+12.6%), from €1.3m to €1.5m
mainly Net result for the year (+€274,641) and Depreciation (+€242,824)
- Financial fixed assets -€112,417
down €112,417 (-63.5%), from €176,952 to €64,536
- Intangible fixed assets +€87,449
new in 2025: €87,449
- Receivables within one year +€73,682
up €73,682 (+33.3%), from €220,987 to €294,669
of which Trade receivables: +€105,679
- Reserves +€274,641
up €274,641 (+20.8%), from €1.3m to €1.6m
of which Distributable reserves: +€274,641
- Other debts -€232,282
down €232,282 (-57.2%), from €406,146 to €173,864
- Debts after one year -€174,947
down €174,947 (-36.7%), from €477,277 to €302,329
- Trade debts +€89,383
up €89,383 (+84.2%), from €106,168 to €195,551
- Tax, wage and social debts +€45,083
up €45,083 (+59.3%), from €76,081 to €121,164
of which Taxes: +€25,817
- Gross operating margin +€210,552
up €210,552 (+25.6%), from €822,806 to €1.0m
- Staff costs +€96,274
up €96,274 (+34.9%), from €275,669 to €371,943
- Taxes +€38,677
up €38,677 (+43.7%), from €88,554 to €127,231
- Depreciation +€18,178
up €18,178 (+8.1%), from €224,645 to €242,824
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 | €2,678,602 | €2,689,512 | +€10,910 | +0.4% |
| Fixed assets | 21/28 | €971,899 | €727,140 | -€244,759 | -25.2% |
| Intangible fixed assets | 21 | - | €87,449 | +€87,449 | |
| Tangible fixed assets | 22/27 | €794,946 | €575,155 | -€219,791 | -27.6% |
| Land and buildings | 22 | €54,858 | €37,923 | -€16,935 | -30.9% |
| Plant, machinery and equipment | 23 | €674,223 | €492,809 | -€181,413 | -26.9% |
| Furniture and vehicles | 24 | €28,467 | €14,900 | -€13,568 | -47.7% |
| Other tangible fixed assets | 26 | €37,398 | €29,523 | -€7,875 | -21.1% |
| Financial fixed assets | 28 | €176,952 | €64,536 | -€112,417 | -63.5% |
| Current assets | 29/58 | €1,706,703 | €1,962,372 | +€255,669 | +15.0% |
| Stocks and contracts in progress | 3 | €72,415 | €95,615 | +€23,200 | +32.0% |
| Stocks | 30/36 | €72,415 | €95,615 | +€23,200 | +32.0% |
| Amounts receivable within one year | 40/41 | €220,987 | €294,669 | +€73,682 | +33.3% |
| Trade receivables | 40 | €184,014 | €289,693 | +€105,679 | +57.4% |
| Other amounts receivable | 41 | €36,973 | €4,976 | -€31,997 | -86.5% |
| Cash at bank and in hand | 54/58 | €1,335,926 | €1,504,484 | +€168,558 | +12.6% |
| Deferred charges and accrued income | 490/1 | €77,375 | €67,604 | -€9,771 | -12.6% |
| Total equity and liabilities | 10/49 | €2,678,602 | €2,689,512 | +€10,910 | +0.4% |
| Equity | 10/15 | €1,398,248 | €1,672,888 | +€274,641 | +19.6% |
| Contributions | 10/11 | €80,500 | €80,500 | = | 0.0% |
| Capital | 10 | €80,500 | €80,500 | = | 0.0% |
| Issued capital | 100 | €80,500 | €80,500 | = | 0.0% |
| Reserves | 13 | €1,317,748 | €1,592,388 | +€274,641 | +20.8% |
| Non-distributable reserves | 130/1 | €8,050 | €8,050 | = | 0.0% |
| Legal reserve | 130 | €8,050 | €8,050 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,637 | €19,637 | = | 0.0% |
| Distributable reserves | 133 | €1,290,061 | €1,564,701 | +€274,641 | +21.3% |
| Amounts payable | 17/49 | €1,280,354 | €1,016,623 | -€263,731 | -20.6% |
| Amounts payable after more than one year | 17 | €477,277 | €302,329 | -€174,947 | -36.7% |
| Financial debts | 170/4 | €477,277 | €302,329 | -€174,947 | -36.7% |
| Amounts payable within one year | 42/48 | €801,851 | €698,860 | -€102,991 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €213,457 | €208,281 | -€5,176 | -2.4% |
| Trade debts | 44 | €106,168 | €195,551 | +€89,383 | +84.2% |
| Suppliers | 440/4 | €106,168 | €195,551 | +€89,383 | +84.2% |
| Taxes, remuneration and social security | 45 | €76,081 | €121,164 | +€45,083 | +59.3% |
| Taxes | 450/3 | €28,064 | €53,881 | +€25,817 | +92.0% |
| Remuneration and social security | 454/9 | €48,017 | €67,283 | +€19,267 | +40.1% |
| Other amounts payable | 47/48 | €406,146 | €173,864 | -€232,282 | -57.2% |
| Accrued charges and deferred income | 492/3 | €1,226 | €15,434 | +€14,208 | +1159.1% |
| Non-recurring operating income | 76A | €22,768 | €28,765 | +€5,997 | +26.3% |
| Remuneration, social security and pensions | 62 | €275,669 | €371,943 | +€96,274 | +34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,645 | €242,824 | +€18,178 | +8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,537 | +€1,537 | |
| Other operating charges | 640/8 | €3,197 | €4,086 | +€889 | +27.8% |
| Non-recurring operating charges | 66A | - | €12 | +€12 | |
| Gross operating margin | 9900 | €822,806 | €1,033,358 | +€210,552 | +25.6% |
| Operating profit (loss) | 9901 | €319,295 | €412,958 | +€93,663 | +29.3% |
| Financial income | 75/76B | €11,364 | €13,233 | +€1,870 | +16.5% |
| Recurring financial income | 75 | €11,364 | €13,233 | +€1,870 | +16.5% |
| Financial charges | 65/66B | €29,699 | €24,319 | -€5,380 | -18.1% |
| Recurring financial charges | 65 | €29,699 | €24,319 | -€5,380 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €300,959 | €401,872 | +€100,913 | +33.5% |
| Income taxes | 67/77 | €88,554 | €127,231 | +€38,677 | +43.7% |
| Profit (loss) for the period | 9904 | €212,404 | €274,641 | +€62,236 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €212,404 | €274,641 | +€62,236 | +29.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.