NEY GROUP: 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.
NEY GROUP
Largest movements
- Financial fixed assets +€2.3m
up €2.3m (+2306.0%), from €100,287 to €2.4m
- Cash -€299,065
down €299,065 (-90.0%), from €332,380 to €33,316
- Current investments +€220,000
new in 2025: €220,000
- Receivables within one year -€137,687
down €137,687 (-28.6%), from €481,988 to €344,301
of which Trade receivables: -€181,496
- Reserves +€1.3m
up €1.3m (+366.3%), from €356,863 to €1.7m
of which Distributable reserves: +€1.3m
- Contributions +€595,575
up €595,575 (+8712.3%), from €6,836 to €602,411
- Debts after one year +€344,298
new in 2025: €344,298
- Trade debts -€275,384
down €275,384 (-52.9%), from €520,645 to €245,261
- Current portion of long-term debt +€146,640
new in 2025: €146,640
- Financial income +€1.1m
up €1.1m (+2325.8%), from €46,149 to €1.1m
- Gross operating margin +€244,399
up €244,399 (+3229.1%), from €7,569 to €251,968
- Taxes +€55,694
up €55,694, from €0 to €55,694
- Financial charges +€8,486
up €8,486 (+2208.8%), from €384 to €8,870
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €914,655 | €3,010,486 | +€2.1m | +229.1% |
| Fixed assets | 21/28 | €100,287 | €2,412,868 | +€2.3m | +2306.0% |
| Financial fixed assets | 28 | €100,287 | €2,412,868 | +€2.3m | +2306.0% |
| Current assets | 29/58 | €814,368 | €597,617 | -€216,751 | -26.6% |
| Amounts receivable within one year | 40/41 | €481,988 | €344,301 | -€137,687 | -28.6% |
| Trade receivables | 40 | €481,105 | €299,609 | -€181,496 | -37.7% |
| Other amounts receivable | 41 | €883 | €44,692 | +€43,809 | +4963.6% |
| Current investments | 50/53 | - | €220,000 | +€220,000 | |
| Cash at bank and in hand | 54/58 | €332,380 | €33,316 | -€299,065 | -90.0% |
| Total equity and liabilities | 10/49 | €914,655 | €3,010,486 | +€2.1m | +229.1% |
| Equity | 10/15 | €366,637 | €2,266,946 | +€1.9m | +518.3% |
| Contributions | 10/11 | €6,836 | €602,411 | +€595,575 | +8712.3% |
| Reserves | 13 | €356,863 | €1,664,000 | +€1.3m | +366.3% |
| Non-distributable reserves | 130/1 | €1,863 | - | -€1,863 | |
| Reserves not available under the articles | 1311 | €1,863 | - | -€1,863 | |
| Distributable reserves | 133 | €355,000 | €1,664,000 | +€1.3m | +368.7% |
| Profit (loss) carried forward | 14 | €2,937 | €535 | -€2,402 | -81.8% |
| Amounts payable | 17/49 | €548,019 | €743,539 | +€195,520 | +35.7% |
| Amounts payable after more than one year | 17 | - | €344,298 | +€344,298 | |
| Financial debts | 170/4 | - | €344,298 | +€344,298 | |
| Amounts payable within one year | 42/48 | €547,934 | €399,152 | -€148,782 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | - | €146,640 | +€146,640 | |
| Trade debts | 44 | €520,645 | €245,261 | -€275,384 | -52.9% |
| Suppliers | 440/4 | €520,645 | €245,261 | -€275,384 | -52.9% |
| Taxes, remuneration and social security | 45 | €27,012 | €2,927 | -€24,086 | -89.2% |
| Taxes | 450/3 | €27,012 | €2,927 | -€24,086 | -89.2% |
| Other amounts payable | 47/48 | €276 | €4,325 | +€4,049 | +1464.3% |
| Accrued charges and deferred income | 492/3 | €85 | €89 | +€5 | +5.4% |
| Other operating charges | 640/8 | €384 | €2,147 | +€1,763 | +458.4% |
| Gross operating margin | 9900 | €7,569 | €251,968 | +€244,399 | +3229.1% |
| Operating profit (loss) | 9901 | €7,184 | €249,821 | +€242,636 | +3377.3% |
| Financial income | 75/76B | €46,149 | €1,119,478 | +€1.1m | +2325.8% |
| Recurring financial income | 75 | €46,149 | €1,119,478 | +€1.1m | +2325.8% |
| Financial charges | 65/66B | €384 | €8,870 | +€8,486 | +2208.8% |
| Recurring financial charges | 65 | €384 | €8,870 | +€8,486 | +2208.8% |
| Profit (loss) for the period before taxes | 9903 | €52,949 | €1,360,429 | +€1.3m | +2469.3% |
| Income taxes | 67/77 | €0 | €55,694 | +€55,694 | |
| Profit (loss) for the period | 9904 | €52,949 | €1,304,735 | +€1.3m | +2364.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,949 | €1,304,735 | +€1.3m | +2364.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 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.