NEUTAN: 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.
NEUTAN
Largest movements
- Receivables within one year -€6,031
down €6,031 (-28.3%), from €21,283 to €15,252
of which Trade receivables: -€6,255
- Debts after one year -€11,500
down €11,500 (-3.1%), from €375,219 to €363,719
of which Financial debts: -€9,575
- Trade debts -€5,102
down €5,102 (-67.1%), from €7,600 to €2,498
- Reserves +€4,787
up €4,787 (+16.8%), from €28,545 to €33,333
- Gross operating margin -€7,312
down €7,312 (-33.8%), from €21,603 to €14,292
- Taxes -€1,626
down €1,626 (-58.0%), from €2,802 to €1,176
- Financial charges +€383
up €383 (+5.2%), from €7,396 to €7,779
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 | €432,637 | €420,016 | -€12,621 | -2.9% |
| Fixed assets | 21/28 | €400,000 | €400,000 | = | 0.0% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €32,637 | €20,016 | -€12,621 | -38.7% |
| Amounts receivable within one year | 40/41 | €21,283 | €15,252 | -€6,031 | -28.3% |
| Trade receivables | 40 | €21,283 | €15,028 | -€6,255 | -29.4% |
| Other amounts receivable | 41 | - | €224 | +€224 | |
| Cash at bank and in hand | 54/58 | €8,651 | €4,764 | -€3,887 | -44.9% |
| Deferred charges and accrued income | 490/1 | €2,703 | €0 | -€2,703 | -100% |
| Total equity and liabilities | 10/49 | €432,637 | €420,016 | -€12,621 | -2.9% |
| Equity | 10/15 | €33,545 | €38,333 | +€4,787 | +14.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,545 | €33,333 | +€4,787 | +16.8% |
| Distributable reserves | 133 | €28,545 | €33,333 | +€4,787 | +16.8% |
| Amounts payable | 17/49 | €399,092 | €381,684 | -€17,408 | -4.4% |
| Amounts payable after more than one year | 17 | €375,219 | €363,719 | -€11,500 | -3.1% |
| Financial debts | 170/4 | €69,724 | €60,149 | -€9,575 | -13.7% |
| Other amounts payable | 178/9 | €305,495 | €303,570 | -€1,925 | -0.6% |
| Amounts payable within one year | 42/48 | €22,466 | €16,059 | -€6,407 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €9,243 | €9,575 | +€332 | +3.6% |
| Trade debts | 44 | €7,600 | €2,498 | -€5,102 | -67.1% |
| Suppliers | 440/4 | €7,600 | €2,498 | -€5,102 | -67.1% |
| Taxes, remuneration and social security | 45 | €4,318 | €2,681 | -€1,637 | -37.9% |
| Taxes | 450/3 | €4,318 | €2,681 | -€1,637 | -37.9% |
| Other amounts payable | 47/48 | €1,305 | €1,305 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,407 | €1,906 | +€499 | +35.5% |
| Other operating charges | 640/8 | €534 | €549 | +€15 | +2.8% |
| Gross operating margin | 9900 | €21,603 | €14,292 | -€7,312 | -33.8% |
| Operating profit (loss) | 9901 | €21,069 | €13,742 | -€7,327 | -34.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €7,396 | €7,779 | +€383 | +5.2% |
| Recurring financial charges | 65 | €7,396 | €7,779 | +€383 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €13,674 | €5,963 | -€7,711 | -56.4% |
| Income taxes | 67/77 | €2,802 | €1,176 | -€1,626 | -58.0% |
| Profit (loss) for the period | 9904 | €10,872 | €4,787 | -€6,085 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,872 | €4,787 | -€6,085 | -56.0% |
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 14 October 2026 via checked.be.