Neuvoja: 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.
Neuvoja
Largest movements
- Receivables within one year +€23,639
up €23,639 (+192.9%), from €12,253 to €35,892
of which Other amounts receivable: +€17,075
- Cash +€9,288
up €9,288 (+48.9%), from €18,977 to €28,265
mainly Net result for the year (+€34,938) and Depreciation (+€8,568)
- Tangible fixed assets -€4,878
down €4,878 (-13.3%), from €36,687 to €31,808
of which Leasing and similar rights: -€7,715
- Reserves +€34,938
up €34,938 (+258.8%), from €13,498 to €48,435
- Debts after one year -€7,237
down €7,237 (-24.2%), from €29,945 to €22,708
- Tax, wage and social debts +€4,220
up €4,220 (+38.8%), from €10,878 to €15,098
of which Taxes: +€5,567
- Other debts -€3,026
down €3,026 (-100.0%), from €3,026 to €0
- Trade debts -€1,888
down €1,888 (-75.2%), from €2,509 to €621
- Gross operating margin +€36,550
up €36,550 (+183.5%), from €19,918 to €56,468
- Depreciation +€6,448
up €6,448 (+304.2%), from €2,120 to €8,568
- Taxes +€6,331
up €6,331 (+182.8%), from €3,463 to €9,794
- Financial charges +€2,858
up €2,858 (+553.9%), from €516 to €3,374
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 | €70,606 | €98,099 | +€27,494 | +38.9% |
| Formation expenses | 20 | €639 | €0 | -€639 | -100.0% |
| Fixed assets | 21/28 | €36,687 | €31,808 | -€4,878 | -13.3% |
| Tangible fixed assets | 22/27 | €36,687 | €31,808 | -€4,878 | -13.3% |
| Plant, machinery and equipment | 23 | - | €1,049 | +€1,049 | |
| Furniture and vehicles | 24 | - | €1,787 | +€1,787 | |
| Leasing and similar rights | 25 | €36,687 | €28,972 | -€7,715 | -21.0% |
| Current assets | 29/58 | €33,280 | €66,291 | +€33,012 | +99.2% |
| Amounts receivable within one year | 40/41 | €12,253 | €35,892 | +€23,639 | +192.9% |
| Trade receivables | 40 | €12,253 | €18,817 | +€6,564 | +53.6% |
| Other amounts receivable | 41 | - | €17,075 | +€17,075 | |
| Cash at bank and in hand | 54/58 | €18,977 | €28,265 | +€9,288 | +48.9% |
| Deferred charges and accrued income | 490/1 | €2,050 | €2,134 | +€84 | +4.1% |
| Total equity and liabilities | 10/49 | €70,606 | €98,099 | +€27,494 | +38.9% |
| Equity | 10/15 | €17,498 | €52,435 | +€34,938 | +199.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €13,498 | €48,435 | +€34,938 | +258.8% |
| Distributable reserves | 133 | €13,498 | €48,435 | +€34,938 | +258.8% |
| Amounts payable | 17/49 | €53,108 | €45,664 | -€7,444 | -14.0% |
| Amounts payable after more than one year | 17 | €29,945 | €22,708 | -€7,237 | -24.2% |
| Financial debts | 170/4 | €29,945 | €22,708 | -€7,237 | -24.2% |
| Amounts payable within one year | 42/48 | €23,163 | €22,956 | -€207 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €6,750 | €7,237 | +€487 | +7.2% |
| Trade debts | 44 | €2,509 | €621 | -€1,888 | -75.2% |
| Suppliers | 440/4 | €2,509 | €621 | -€1,888 | -75.2% |
| Taxes, remuneration and social security | 45 | €10,878 | €15,098 | +€4,220 | +38.8% |
| Taxes | 450/3 | €9,531 | €15,098 | +€5,567 | +58.4% |
| Remuneration and social security | 454/9 | €1,346 | €0 | -€1,346 | -100.0% |
| Other amounts payable | 47/48 | €3,026 | €0 | -€3,026 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,120 | €8,568 | +€6,448 | +304.2% |
| Other operating charges | 640/8 | €322 | €179 | -€143 | -44.4% |
| Gross operating margin | 9900 | €19,918 | €56,468 | +€36,550 | +183.5% |
| Operating profit (loss) | 9901 | €17,476 | €47,720 | +€30,244 | +173.1% |
| Financial income | 75/76B | - | €385 | +€385 | |
| Recurring financial income | 75 | - | €385 | +€385 | |
| Financial charges | 65/66B | €516 | €3,374 | +€2,858 | +553.9% |
| Recurring financial charges | 65 | €516 | €3,374 | +€2,858 | +553.9% |
| Profit (loss) for the period before taxes | 9903 | €16,960 | €44,731 | +€27,771 | +163.7% |
| Income taxes | 67/77 | €3,463 | €9,794 | +€6,331 | +182.8% |
| Profit (loss) for the period | 9904 | €13,498 | €34,938 | +€21,440 | +158.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,498 | €34,938 | +€21,440 | +158.8% |
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.