Neuronlogica: 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.
Neuronlogica
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€44,706
down €44,706 (-53.0%), from €84,379 to €39,674
mainly Contributions, distributions and other (-€95,951) and Current investments (-€50,000)
- Intangible fixed assets -€20,000
down €20,000 (-21.4%), from €93,333 to €73,333
- Tangible fixed assets -€8,860
down €8,860 (-93.6%), from €9,467 to €607
- Other debts +€50,956
up €50,956 (+144.7%), from €35,214 to €86,171
- Reserves -€28,531
down €28,531 (-29.7%), from €95,951 to €67,420
- Debts after one year -€26,812
down €26,812 (-55.5%), from €48,340 to €21,529
- Tax, wage and social debts -€13,588
down €13,588 (-86.1%), from €15,785 to €2,196
of which Taxes: -€15,785
- Current portion of long-term debt -€5,698
down €5,698 (-17.5%), from €32,509 to €26,812
- Gross operating margin -€39,584
down €39,584 (-25.3%), from €156,676 to €117,092
- Taxes -€10,064
down €10,064 (-34.4%), from €29,251 to €19,187
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 | €230,369 | €207,486 | -€22,883 | -9.9% |
| Fixed assets | 21/28 | €103,100 | €74,240 | -€28,860 | -28.0% |
| Intangible fixed assets | 21 | €93,333 | €73,333 | -€20,000 | -21.4% |
| Tangible fixed assets | 22/27 | €9,467 | €607 | -€8,860 | -93.6% |
| Furniture and vehicles | 24 | €9,467 | €607 | -€8,860 | -93.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €127,269 | €133,246 | +€5,977 | +4.7% |
| Amounts receivable within one year | 40/41 | €2,692 | €3,440 | +€748 | +27.8% |
| Trade receivables | 40 | €2,692 | €0 | -€2,692 | -100.0% |
| Other amounts receivable | 41 | - | €3,440 | +€3,440 | |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €84,379 | €39,674 | -€44,706 | -53.0% |
| Deferred charges and accrued income | 490/1 | €40,197 | €40,132 | -€65 | -0.2% |
| Total equity and liabilities | 10/49 | €230,369 | €207,486 | -€22,883 | -9.9% |
| Equity | 10/15 | €97,951 | €69,420 | -€28,531 | -29.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €95,951 | €67,420 | -€28,531 | -29.7% |
| Distributable reserves | 133 | €95,951 | €67,420 | -€28,531 | -29.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €132,418 | €138,066 | +€5,648 | +4.3% |
| Amounts payable after more than one year | 17 | €48,340 | €21,529 | -€26,812 | -55.5% |
| Financial debts | 170/4 | €48,340 | €21,529 | -€26,812 | -55.5% |
| Amounts payable within one year | 42/48 | €84,077 | €116,537 | +€32,460 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | €32,509 | €26,812 | -€5,698 | -17.5% |
| Trade debts | 44 | €569 | €1,359 | +€790 | +138.8% |
| Suppliers | 440/4 | €569 | €1,359 | +€790 | +138.8% |
| Taxes, remuneration and social security | 45 | €15,785 | €2,196 | -€13,588 | -86.1% |
| Taxes | 450/3 | €15,785 | €0 | -€15,785 | -100.0% |
| Remuneration and social security | 454/9 | €0 | €2,196 | +€2,196 | |
| Other amounts payable | 47/48 | €35,214 | €86,171 | +€50,956 | +144.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,860 | €28,860 | = | 0.0% |
| Other operating charges | 640/8 | €1,544 | €1,467 | -€77 | -5.0% |
| Gross operating margin | 9900 | €156,676 | €117,092 | -€39,584 | -25.3% |
| Operating profit (loss) | 9901 | €126,272 | €86,765 | -€39,508 | -31.3% |
| Financial income | 75/76B | €0 | €686 | +€686 | |
| Recurring financial income | 75 | €0 | €686 | +€686 | |
| Financial charges | 65/66B | €1,070 | €843 | -€227 | -21.2% |
| Recurring financial charges | 65 | €1,070 | €843 | -€227 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €125,202 | €86,607 | -€38,595 | -30.8% |
| Income taxes | 67/77 | €29,251 | €19,187 | -€10,064 | -34.4% |
| Profit (loss) for the period | 9904 | €95,951 | €67,420 | -€28,531 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,951 | €67,420 | -€28,531 | -29.7% |
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 5 October 2026 via checked.be.