NEIRINCK: 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.
NEIRINCK
Largest movements
- Cash +€39,783
up €39,783 (+6.5%), from €614,411 to €654,194
mainly Net result for the year (+€45,054) and Depreciation (+€8,451)
- Receivables within one year +€7,899
up €7,899 (+121%), from €6,523 to €14,422
of which Other amounts receivable: +€8,987
- Reserves +€45,054
up €45,054 (+9.2%), from €490,261 to €535,315
- Tax, wage and social debts -€10,507
down €10,507 (-82.7%), from €12,713 to €2,205
of which Remuneration and social security: -€5,663
- Gross operating margin -€121,977
down €121,977 (-62.4%), from €195,460 to €73,483
- Staff costs -€84,944
down €84,944 (-99.9%), from €85,068 to €123
- Taxes -€12,913
down €12,913 (-36.8%), from €35,074 to €22,161
- Financial income -€2,593
down €2,593 (-43.2%), from €5,998 to €3,405
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 | €655,885 | €692,066 | +€36,181 | +5.5% |
| Fixed assets | 21/28 | €28,355 | €22,514 | -€5,840 | -20.6% |
| Tangible fixed assets | 22/27 | €28,355 | €22,514 | -€5,840 | -20.6% |
| Plant, machinery and equipment | 23 | €9,495 | €8,120 | -€1,375 | -14.5% |
| Furniture and vehicles | 24 | €18,860 | €14,394 | -€4,466 | -23.7% |
| Current assets | 29/58 | €627,530 | €669,551 | +€42,021 | +6.7% |
| Stocks and contracts in progress | 3 | €2,034 | €500 | -€1,534 | -75.4% |
| Stocks | 30/36 | €2,034 | €500 | -€1,534 | -75.4% |
| Amounts receivable within one year | 40/41 | €6,523 | €14,422 | +€7,899 | +121% |
| Trade receivables | 40 | €6,523 | €5,435 | -€1,088 | -16.7% |
| Other amounts receivable | 41 | €0 | €8,987 | +€8,987 | +9,985,489% |
| Cash at bank and in hand | 54/58 | €614,411 | €654,194 | +€39,783 | +6.5% |
| Deferred charges and accrued income | 490/1 | €4,562 | €435 | -€4,127 | -90.5% |
| Total equity and liabilities | 10/49 | €655,885 | €692,066 | +€36,181 | +5.5% |
| Equity | 10/15 | €640,521 | €685,575 | +€45,054 | +7.0% |
| Contributions | 10/11 | €29,800 | €29,800 | = | 0.0% |
| Reserves | 13 | €490,261 | €535,315 | +€45,054 | +9.2% |
| Distributable reserves | 133 | €490,261 | €535,315 | +€45,054 | +9.2% |
| Profit (loss) carried forward | 14 | €120,460 | €120,460 | = | 0.0% |
| Amounts payable | 17/49 | €15,363 | €6,490 | -€8,873 | -57.8% |
| Amounts payable within one year | 42/48 | €14,122 | €6,490 | -€7,632 | -54.0% |
| Trade debts | 44 | €765 | €3,640 | +€2,875 | +376% |
| Suppliers | 440/4 | €765 | €3,640 | +€2,875 | +376% |
| Taxes, remuneration and social security | 45 | €12,713 | €2,205 | -€10,507 | -82.7% |
| Taxes | 450/3 | €5,050 | €205 | -€4,845 | -95.9% |
| Remuneration and social security | 454/9 | €7,663 | €2,000 | -€5,663 | -73.9% |
| Other amounts payable | 47/48 | €644 | €644 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,241 | - | -€1,241 | |
| Non-recurring operating income | 76A | €248 | - | -€248 | |
| Remuneration, social security and pensions | 62 | €85,068 | €123 | -€84,944 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,436 | €8,451 | +€1,015 | +13.7% |
| Other operating charges | 640/8 | €899 | €897 | -€2 | -0.2% |
| Non-recurring operating charges | 66A | €97 | - | -€97 | |
| Gross operating margin | 9900 | €195,460 | €73,483 | -€121,977 | -62.4% |
| Operating profit (loss) | 9901 | €101,960 | €64,011 | -€37,949 | -37.2% |
| Financial income | 75/76B | €5,998 | €3,405 | -€2,593 | -43.2% |
| Recurring financial income | 75 | €5,998 | €3,405 | -€2,593 | -43.2% |
| Financial charges | 65/66B | €219 | €201 | -€19 | -8.5% |
| Recurring financial charges | 65 | €219 | €201 | -€19 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €107,738 | €67,215 | -€40,523 | -37.6% |
| Income taxes | 67/77 | €35,074 | €22,161 | -€12,913 | -36.8% |
| Profit (loss) for the period | 9904 | €72,664 | €45,054 | -€27,610 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,664 | €45,054 | -€27,610 | -38.0% |
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.