NEYT GEERT: 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.
NEYT GEERT
Largest movements
- Receivables after one year -€70,000
down €70,000 (-58.3%), from €120,000 to €50,000
- Cash +€26,851
up €26,851 (+102%), from €26,324 to €53,175
mainly Receivables after one year (+€70,000) and Net result for the year (+€30,838)
- Tangible fixed assets -€7,732
down €7,732 (-53.5%), from €14,444 to €6,712
of which Furniture and vehicles: -€7,732
- Reserves -€29,743
down €29,743 (-38.4%), from €77,532 to €47,790
- Other debts -€21,643
down €21,643 (-26.3%), from €82,223 to €60,581
- Financial income -€5,573
down €5,573 (-51.0%), from €10,926 to €5,353
- Gross operating margin -€4,812
down €4,812 (-10.0%), from €47,894 to €43,082
- Taxes -€1,731
down €1,731 (-16.8%), from €10,290 to €8,559
- Financial charges +€739
up €739, from -€410 to €329
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 | €188,242 | €136,116 | -€52,126 | -27.7% |
| Fixed assets | 21/28 | €14,444 | €6,712 | -€7,732 | -53.5% |
| Tangible fixed assets | 22/27 | €14,444 | €6,712 | -€7,732 | -53.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €14,444 | €6,712 | -€7,732 | -53.5% |
| Current assets | 29/58 | €173,798 | €129,404 | -€44,394 | -25.5% |
| Amounts receivable after more than one year | 29 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Other amounts receivable | 291 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Amounts receivable within one year | 40/41 | €18,437 | €17,059 | -€1,378 | -7.5% |
| Trade receivables | 40 | €11,402 | €11,753 | +€351 | +3.1% |
| Other amounts receivable | 41 | €7,035 | €5,306 | -€1,729 | -24.6% |
| Current investments | 50/53 | €7,023 | €7,023 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,324 | €53,175 | +€26,851 | +102% |
| Deferred charges and accrued income | 490/1 | €2,014 | €2,148 | +€133 | +6.6% |
| Total equity and liabilities | 10/49 | €188,242 | €136,116 | -€52,126 | -27.7% |
| Equity | 10/15 | €96,082 | €66,340 | -€29,743 | -31.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €77,532 | €47,790 | -€29,743 | -38.4% |
| Distributable reserves | 133 | €77,532 | €47,790 | -€29,743 | -38.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,160 | €69,776 | -€22,383 | -24.3% |
| Amounts payable within one year | 42/48 | €92,160 | €69,776 | -€22,383 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,137 | €1,084 | -€1,053 | -49.3% |
| Suppliers | 440/4 | €2,137 | €1,084 | -€1,053 | -49.3% |
| Taxes, remuneration and social security | 45 | €7,799 | €8,112 | +€313 | +4.0% |
| Taxes | 450/3 | €4,294 | €4,610 | +€316 | +7.4% |
| Remuneration and social security | 454/9 | €3,505 | €3,502 | -€3 | -0.1% |
| Other amounts payable | 47/48 | €82,223 | €60,581 | -€21,643 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,817 | €7,732 | -€84 | -1.1% |
| Other operating charges | 640/8 | €952 | €978 | +€26 | +2.7% |
| Gross operating margin | 9900 | €47,894 | €43,082 | -€4,812 | -10.0% |
| Operating profit (loss) | 9901 | €39,126 | €34,372 | -€4,753 | -12.1% |
| Financial income | 75/76B | €10,926 | €5,353 | -€5,573 | -51.0% |
| Recurring financial income | 75 | €10,926 | €5,353 | -€5,573 | -51.0% |
| Financial charges | 65/66B | -€410 | €329 | +€739 | |
| Recurring financial charges | 65 | -€410 | €329 | +€739 | |
| Profit (loss) for the period before taxes | 9903 | €50,461 | €39,397 | -€11,065 | -21.9% |
| Income taxes | 67/77 | €10,290 | €8,559 | -€1,731 | -16.8% |
| Profit (loss) for the period | 9904 | €40,172 | €30,838 | -€9,334 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,172 | €30,838 | -€9,334 | -23.2% |
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 21 October 2026 via checked.be.