NEVERLAND: 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.
NEVERLAND
Largest movements
- Cash +€25,441
up €25,441 (+107.5%), from €23,669 to €49,110
mainly Net result for the year (+€101,214) and Depreciation (+€942)
- Receivables within one year +€2,692
up €2,692 (+9.1%), from €29,474 to €32,167
of which Other amounts receivable: +€4,026
- Tangible fixed assets +€2,524
up €2,524 (+83.6%), from €3,020 to €5,545
of which Plant, machinery and equipment: +€3,200
- Profit (loss) carried forward +€101,214
up €101,214 (+61.2%), from -€165,277 to -€64,063
- Debts within one year -€70,605
down €70,605 (-31.8%), from €221,707 to €151,102
of which Short-term financial debts: -€78,413
- Turnover +€30,828
up €30,828 (+6.1%), from €502,428 to €533,256
- Gross operating margin +€30,466
up €30,466 (+6.8%), from €449,138 to €479,604
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 | €56,430 | €87,039 | +€30,609 | +54.2% |
| Fixed assets | 21/28 | €3,020 | €5,545 | +€2,524 | +83.6% |
| Tangible fixed assets | 22/27 | €3,020 | €5,545 | +€2,524 | +83.6% |
| Plant, machinery and equipment | 23 | €1,474 | €4,673 | +€3,200 | +217.1% |
| Furniture and vehicles | 24 | €693 | €521 | -€172 | -24.8% |
| Other tangible fixed assets | 26 | €854 | €350 | -€504 | -59.0% |
| Current assets | 29/58 | €53,410 | €81,494 | +€28,084 | +52.6% |
| Stocks and contracts in progress | 3 | €266 | €217 | -€49 | -18.4% |
| Stocks | 30/36 | €266 | €217 | -€49 | -18.4% |
| Amounts receivable within one year | 40/41 | €29,474 | €32,167 | +€2,692 | +9.1% |
| Trade receivables | 40 | €28,784 | €27,451 | -€1,333 | -4.6% |
| Other amounts receivable | 41 | €690 | €4,715 | +€4,026 | +583.5% |
| Cash at bank and in hand | 54/58 | €23,669 | €49,110 | +€25,441 | +107.5% |
| Total equity and liabilities | 10/49 | €56,430 | €87,039 | +€30,609 | +54.2% |
| Equity | 10/15 | -€165,277 | -€64,063 | +€101,214 | +61.2% |
| Profit (loss) carried forward | 14 | -€165,277 | -€64,063 | +€101,214 | +61.2% |
| Amounts payable | 17/49 | €221,707 | €151,102 | -€70,605 | -31.8% |
| Amounts payable within one year | 42/48 | €221,707 | €151,102 | -€70,605 | -31.8% |
| Financial debts | 43 | €130,870 | €52,457 | -€78,413 | -59.9% |
| Other loans | 439 | €130,870 | €52,457 | -€78,413 | -59.9% |
| Trade debts | 44 | €9,999 | €12,129 | +€2,131 | +21.3% |
| Suppliers | 440/4 | €9,999 | €12,129 | +€2,131 | +21.3% |
| Taxes, remuneration and social security | 45 | €67,989 | €74,766 | +€6,777 | +10.0% |
| Taxes | 450/3 | €5,321 | €4,778 | -€543 | -10.2% |
| Remuneration and social security | 454/9 | €62,668 | €69,989 | +€7,320 | +11.7% |
| Turnover | 70 | €502,428 | €533,256 | +€30,828 | +6.1% |
| Membership fees, donations, legacies and grants | 73 | €15,138 | €17,281 | +€2,144 | +14.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,318 | €78,727 | +€1,409 | +1.8% |
| Remuneration, social security and pensions | 62 | €370,796 | €373,109 | +€2,312 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €832 | €942 | +€110 | +13.2% |
| Other operating charges | 640/8 | €632 | €645 | +€13 | +2.0% |
| Gross operating margin | 9900 | €449,138 | €479,604 | +€30,466 | +6.8% |
| Operating profit (loss) | 9901 | €76,878 | €104,908 | +€28,031 | +36.5% |
| Financial income | 75/76B | €5 | €10 | +€5 | +117.3% |
| Recurring financial income | 75 | €5 | €10 | +€5 | +117.3% |
| Financial charges | 65/66B | €5,969 | €3,713 | -€2,256 | -37.8% |
| Recurring financial charges | 65 | €5,969 | €3,713 | -€2,256 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €70,913 | €101,205 | +€30,292 | +42.7% |
| Income taxes | 67/77 | - | -€9 | -€9 | |
| Profit (loss) for the period | 9904 | €70,913 | €101,214 | +€30,301 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €70,913 | €101,214 | +€30,301 | +42.7% |
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 11 October 2026 via checked.be.