NEYCO: 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.
NEYCO
Largest movements
- Cash +€53,770
up €53,770 (+50.9%), from €105,699 to €159,470
mainly Net result for the year (+€55,815) and Depreciation (+€24,048)
- Tangible fixed assets -€24,048
down €24,048 (-27.8%), from €86,464 to €62,416
of which Furniture and vehicles: -€22,252
- Receivables within one year +€11,004
up €11,004 (+484.4%), from €2,272 to €13,276
of which Trade receivables: +€12,100
- Reserves +€55,815
up €55,815 (+45.3%), from €123,212 to €179,027
of which Distributable reserves: +€55,815
- Other debts -€18,927
down €18,927 (-46.1%), from €41,098 to €22,171
- Tax, wage and social debts +€4,076
up €4,076 (+338.8%), from €1,203 to €5,279
- Gross operating margin +€43,114
up €43,114 (+84.3%), from €51,114 to €94,229
- Depreciation -€10,426
down €10,426 (-30.2%), from €34,474 to €24,048
- Taxes +€7,576
up €7,576 (+607.0%), from €1,248 to €8,824
- Financial charges -€1,649
down €1,649 (-41.1%), from €4,010 to €2,361
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 | €194,435 | €235,161 | +€40,726 | +20.9% |
| Fixed assets | 21/28 | €86,464 | €62,416 | -€24,048 | -27.8% |
| Tangible fixed assets | 22/27 | €86,464 | €62,416 | -€24,048 | -27.8% |
| Land and buildings | 22 | €19,414 | €17,618 | -€1,796 | -9.2% |
| Furniture and vehicles | 24 | €67,050 | €44,797 | -€22,252 | -33.2% |
| Current assets | 29/58 | €107,971 | €172,745 | +€64,774 | +60.0% |
| Amounts receivable within one year | 40/41 | €2,272 | €13,276 | +€11,004 | +484.4% |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | €2,272 | €1,176 | -€1,096 | -48.2% |
| Cash at bank and in hand | 54/58 | €105,699 | €159,470 | +€53,770 | +50.9% |
| Total equity and liabilities | 10/49 | €194,435 | €235,161 | +€40,726 | +20.9% |
| Equity | 10/15 | €148,212 | €204,027 | +€55,815 | +37.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €123,212 | €179,027 | +€55,815 | +45.3% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €120,712 | €176,527 | +€55,815 | +46.2% |
| Amounts payable | 17/49 | €46,223 | €31,134 | -€15,089 | -32.6% |
| Amounts payable within one year | 42/48 | €43,416 | €29,566 | -€13,850 | -31.9% |
| Trade debts | 44 | €1,115 | €2,116 | +€1,002 | +89.9% |
| Suppliers | 440/4 | €1,115 | €2,116 | +€1,002 | +89.9% |
| Taxes, remuneration and social security | 45 | €1,203 | €5,279 | +€4,076 | +338.8% |
| Taxes | 450/3 | €1,203 | €5,279 | +€4,076 | +338.8% |
| Other amounts payable | 47/48 | €41,098 | €22,171 | -€18,927 | -46.1% |
| Accrued charges and deferred income | 492/3 | €2,807 | €1,568 | -€1,239 | -44.1% |
| Non-recurring operating income | 76A | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,474 | €24,048 | -€10,426 | -30.2% |
| Other operating charges | 640/8 | €3,332 | €3,105 | -€227 | -6.8% |
| Non-recurring operating charges | 66A | - | €74 | +€74 | |
| Gross operating margin | 9900 | €51,114 | €94,229 | +€43,114 | +84.3% |
| Operating profit (loss) | 9901 | €13,307 | €67,001 | +€53,693 | +403.5% |
| Financial charges | 65/66B | €4,010 | €2,361 | -€1,649 | -41.1% |
| Recurring financial charges | 65 | €4,010 | €2,361 | -€1,649 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €9,297 | €64,640 | +€55,342 | +595.2% |
| Income taxes | 67/77 | €1,248 | €8,824 | +€7,576 | +607.0% |
| Profit (loss) for the period | 9904 | €8,049 | €55,815 | +€47,766 | +593.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,049 | €55,815 | +€47,766 | +593.4% |
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 1 October 2026 via checked.be.