Neuroren: 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.
Neuroren
Largest movements
- Cash +€316,655
up €316,655 (+867%), from €36,540 to €353,195
mainly Net result for the year (+€197,321) and Receivables within one year (+€182,430)
- Receivables within one year -€182,430
no longer reported in 2025 (was €182,430)
- Tangible fixed assets -€25,249
down €25,249 (-26.0%), from €97,037 to €71,788
of which Furniture and vehicles: -€18,103
- Deferred charges and accrued income +€21,219
up €21,219 (+24.3%), from €87,366 to €108,585
- Reserves +€98,716
up €98,716 (+21.1%), from €467,933 to €566,649
- Trade debts +€26,812
up €26,812 (+3,416%), from €785 to €27,597
- Debts after one year -€12,228
down €12,228 (-54.2%), from €22,573 to €10,345
- Accrued charges and deferred income +€7,357
up €7,357 (+223%), from €3,300 to €10,657
- Other debts +€7,213
up €7,213 (+89.2%), from €8,089 to €15,302
- Gross operating margin +€32,057
up €32,057 (+11.6%), from €276,127 to €308,184
- Taxes +€7,673
up €7,673 (+9.8%), from €77,953 to €85,626
- Depreciation +€6,526
up €6,526 (+31.2%), from €20,941 to €27,467
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 | €553,928 | €684,547 | +€130,619 | +23.6% |
| Fixed assets | 21/28 | €97,037 | €71,788 | -€25,249 | -26.0% |
| Tangible fixed assets | 22/27 | €97,037 | €71,788 | -€25,249 | -26.0% |
| Land and buildings | 22 | €29,819 | €24,218 | -€5,601 | -18.8% |
| Plant, machinery and equipment | 23 | €2,382 | €3,686 | +€1,304 | +54.7% |
| Furniture and vehicles | 24 | €47,600 | €29,497 | -€18,103 | -38.0% |
| Other tangible fixed assets | 26 | €17,236 | €14,387 | -€2,849 | -16.5% |
| Current assets | 29/58 | €456,891 | €612,759 | +€155,868 | +34.1% |
| Amounts receivable within one year | 40/41 | €182,430 | - | -€182,430 | |
| Other amounts receivable | 41 | €182,430 | - | -€182,430 | |
| Current investments | 50/53 | €150,555 | €150,979 | +€424 | +0.3% |
| Cash at bank and in hand | 54/58 | €36,540 | €353,195 | +€316,655 | +867% |
| Deferred charges and accrued income | 490/1 | €87,366 | €108,585 | +€21,219 | +24.3% |
| Total equity and liabilities | 10/49 | €553,928 | €684,547 | +€130,619 | +23.6% |
| Equity | 10/15 | €480,333 | €579,049 | +€98,716 | +20.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €467,933 | €566,649 | +€98,716 | +21.1% |
| Distributable reserves | 133 | €467,933 | €566,649 | +€98,716 | +21.1% |
| Amounts payable | 17/49 | €73,595 | €105,498 | +€31,903 | +43.3% |
| Amounts payable after more than one year | 17 | €22,573 | €10,345 | -€12,228 | -54.2% |
| Financial debts | 170/4 | €22,573 | €10,345 | -€12,228 | -54.2% |
| Amounts payable within one year | 42/48 | €47,722 | €84,496 | +€36,774 | +77.1% |
| Current portion of amounts payable after more than one year | 42 | €12,029 | €12,228 | +€199 | +1.7% |
| Trade debts | 44 | €785 | €27,597 | +€26,812 | +3,416% |
| Suppliers | 440/4 | €785 | €27,597 | +€26,812 | +3,416% |
| Taxes, remuneration and social security | 45 | €26,819 | €29,369 | +€2,550 | +9.5% |
| Taxes | 450/3 | €26,819 | €29,369 | +€2,550 | +9.5% |
| Other amounts payable | 47/48 | €8,089 | €15,302 | +€7,213 | +89.2% |
| Accrued charges and deferred income | 492/3 | €3,300 | €10,657 | +€7,357 | +223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,941 | €27,467 | +€6,526 | +31.2% |
| Other operating charges | 640/8 | €1,205 | €1,263 | +€58 | +4.8% |
| Gross operating margin | 9900 | €276,127 | €308,184 | +€32,057 | +11.6% |
| Operating profit (loss) | 9901 | €253,981 | €279,454 | +€25,473 | +10.0% |
| Financial income | 75/76B | €3,779 | €5,137 | +€1,358 | +35.9% |
| Recurring financial income | 75 | €3,779 | €5,137 | +€1,358 | +35.9% |
| Financial charges | 65/66B | €1,994 | €1,644 | -€350 | -17.6% |
| Recurring financial charges | 65 | €1,994 | €1,644 | -€350 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €255,766 | €282,947 | +€27,181 | +10.6% |
| Income taxes | 67/77 | €77,953 | €85,626 | +€7,673 | +9.8% |
| Profit (loss) for the period | 9904 | €177,813 | €197,321 | +€19,508 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €177,813 | €197,321 | +€19,508 | +11.0% |
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 20 October 2026 via checked.be.