NEVEO: 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.
NEVEO
Largest movements
- Receivables within one year +€668,047
up €668,047 (+289%), from €231,140 to €899,187
of which Other amounts receivable: +€637,979
- Current investments -€170,000
down €170,000 (-29.8%), from €570,000 to €400,000
- Cash +€103,840
up €103,840 (+57.6%), from €180,186 to €284,026
mainly Net result for the year (+€551,918) and Current investments (+€170,000)
- Intangible fixed assets -€88,208
down €88,208 (-38.2%), from €230,940 to €142,732
- Profit (loss) carried forward +€524,322
up €524,322, from -€45,044 to €479,278
- Accrued charges and deferred income -€30,930
down €30,930 (-5.5%), from €558,641 to €527,711
- Reserves +€27,596
new in 2025: €27,596
- Tax, wage and social debts -€24,796
down €24,796 (-27.7%), from €89,518 to €64,723
of which Taxes: -€23,729
- Gross operating margin -€38,675
down €38,675 (-5.4%), from €720,455 to €681,780
- Financial charges -€20,168
down €20,168 (-95.1%), from €21,198 to €1,030
- Depreciation +€15,934
up €15,934 (+21.9%), from €72,620 to €88,554
- Other operating charges -€13,020
down €13,020 (-96.8%), from €13,450 to €430
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 | €1,343,839 | €1,848,776 | +€504,937 | +37.6% |
| Fixed assets | 21/28 | €256,486 | €167,932 | -€88,554 | -34.5% |
| Intangible fixed assets | 21 | €230,940 | €142,732 | -€88,208 | -38.2% |
| Tangible fixed assets | 22/27 | €346 | - | -€346 | |
| Plant, machinery and equipment | 23 | €346 | - | -€346 | |
| Financial fixed assets | 28 | €25,200 | €25,200 | = | 0.0% |
| Current assets | 29/58 | €1,087,353 | €1,680,844 | +€593,491 | +54.6% |
| Stocks and contracts in progress | 3 | €20,297 | €19,018 | -€1,279 | -6.3% |
| Stocks | 30/36 | €20,297 | €19,018 | -€1,279 | -6.3% |
| Amounts receivable within one year | 40/41 | €231,140 | €899,187 | +€668,047 | +289% |
| Trade receivables | 40 | €199,342 | €229,409 | +€30,067 | +15.1% |
| Other amounts receivable | 41 | €31,798 | €669,777 | +€637,979 | +2,006% |
| Current investments | 50/53 | €570,000 | €400,000 | -€170,000 | -29.8% |
| Cash at bank and in hand | 54/58 | €180,186 | €284,026 | +€103,840 | +57.6% |
| Deferred charges and accrued income | 490/1 | €85,730 | €78,614 | -€7,116 | -8.3% |
| Total equity and liabilities | 10/49 | €1,343,839 | €1,848,776 | +€504,937 | +37.6% |
| Equity | 10/15 | €494,206 | €1,046,124 | +€551,918 | +112% |
| Contributions | 10/11 | €539,250 | €539,250 | = | 0.0% |
| Capital | 10 | €494,000 | €494,000 | = | 0.0% |
| Issued capital | 100 | €494,000 | €494,000 | = | 0.0% |
| Contributions outside capital | 11 | €45,250 | €45,250 | = | 0.0% |
| Share premium | 1100/10 | €45,250 | €45,250 | = | 0.0% |
| Reserves | 13 | - | €27,596 | +€27,596 | |
| Non-distributable reserves | 130/1 | - | €27,596 | +€27,596 | |
| Legal reserve | 130 | - | €27,596 | +€27,596 | |
| Profit (loss) carried forward | 14 | -€45,044 | €479,278 | +€524,322 | |
| Amounts payable | 17/49 | €849,633 | €802,652 | -€46,981 | -5.5% |
| Amounts payable within one year | 42/48 | €290,992 | €274,942 | -€16,050 | -5.5% |
| Trade debts | 44 | €201,388 | €210,133 | +€8,745 | +4.3% |
| Suppliers | 440/4 | €201,388 | €210,133 | +€8,745 | +4.3% |
| Taxes, remuneration and social security | 45 | €89,518 | €64,723 | -€24,796 | -27.7% |
| Taxes | 450/3 | €80,098 | €56,370 | -€23,729 | -29.6% |
| Remuneration and social security | 454/9 | €9,420 | €8,353 | -€1,067 | -11.3% |
| Other amounts payable | 47/48 | €86 | €86 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €558,641 | €527,711 | -€30,930 | -5.5% |
| Remuneration, social security and pensions | 62 | €46,517 | €45,185 | -€1,331 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,620 | €88,554 | +€15,934 | +21.9% |
| Other operating charges | 640/8 | €13,450 | €430 | -€13,020 | -96.8% |
| Gross operating margin | 9900 | €720,455 | €681,780 | -€38,675 | -5.4% |
| Operating profit (loss) | 9901 | €587,869 | €547,611 | -€40,258 | -6.8% |
| Financial income | 75/76B | €6,771 | €5,337 | -€1,435 | -21.2% |
| Recurring financial income | 75 | €6,771 | €5,337 | -€1,435 | -21.2% |
| Financial charges | 65/66B | €21,198 | €1,030 | -€20,168 | -95.1% |
| Recurring financial charges | 65 | €21,198 | €1,030 | -€20,168 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | €573,442 | €551,918 | -€21,524 | -3.8% |
| Profit (loss) for the period | 9904 | €573,442 | €551,918 | -€21,524 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €573,442 | €551,918 | -€21,524 | -3.8% |
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 19 October 2026 via checked.be.