A-newtime: 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.
A-newtime
Largest movements
- Tangible fixed assets -€5,633
down €5,633 (-4.0%), from €139,664 to €134,031
of which Land and buildings: -€6,444
- Cash -€3,293
down €3,293 (-33.8%), from €9,735 to €6,442
mainly Short-term financial debts (-€9,854) and Debts after one year (-€7,344)
- Short-term financial debts -€9,854
no longer reported in 2025 (was €9,854)
- Debts after one year -€7,344
down €7,344 (-6.0%), from €122,100 to €114,755
- Current portion of long-term debt +€6,238
up €6,238 (+564%), from €1,106 to €7,344
- Reserves +€3,866
new in 2025: €3,866
- Other debts -€3,253
down €3,253 (-8.8%), from €36,800 to €33,547
- Financial charges -€15,790
down €15,790 (-83.4%), from €18,926 to €3,135
- Depreciation -€310
down €310 (-4.4%), from €7,042 to €6,733
- Other operating charges +€183
up €183 (+14.5%), from €1,255 to €1,438
- Gross operating margin +€157
up €157 (+1.1%), from €13,784 to €13,942
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 | €160,402 | €151,774 | -€8,629 | -5.4% |
| Fixed assets | 21/28 | €139,664 | €134,031 | -€5,633 | -4.0% |
| Tangible fixed assets | 22/27 | €139,664 | €134,031 | -€5,633 | -4.0% |
| Land and buildings | 22 | €139,559 | €133,115 | -€6,444 | -4.6% |
| Plant, machinery and equipment | 23 | €105 | - | -€105 | |
| Furniture and vehicles | 24 | - | €917 | +€917 | |
| Current assets | 29/58 | €20,738 | €17,742 | -€2,996 | -14.4% |
| Stocks and contracts in progress | 3 | €10,587 | €10,993 | +€407 | +3.8% |
| Stocks | 30/36 | €10,587 | €10,993 | +€407 | +3.8% |
| Cash at bank and in hand | 54/58 | €9,735 | €6,442 | -€3,293 | -33.8% |
| Deferred charges and accrued income | 490/1 | €417 | €307 | -€110 | -26.4% |
| Total equity and liabilities | 10/49 | €160,402 | €151,774 | -€8,629 | -5.4% |
| Equity | 10/15 | -€11,576 | -€5,074 | +€6,502 | +56.2% |
| Contributions | 10/11 | €12,624 | €12,624 | = | 0.0% |
| Reserves | 13 | - | €3,866 | +€3,866 | |
| Non-distributable reserves | 130/1 | - | €3,866 | +€3,866 | |
| Other | 1319 | - | €3,866 | +€3,866 | |
| Profit (loss) carried forward | 14 | -€24,200 | -€21,564 | +€2,636 | +10.9% |
| Amounts payable | 17/49 | €171,978 | €156,848 | -€15,131 | -8.8% |
| Amounts payable after more than one year | 17 | €122,100 | €114,755 | -€7,344 | -6.0% |
| Financial debts | 170/4 | €122,100 | €114,755 | -€7,344 | -6.0% |
| Amounts payable within one year | 42/48 | €49,879 | €42,092 | -€7,786 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €1,106 | €7,344 | +€6,238 | +564% |
| Financial debts | 43 | €9,854 | - | -€9,854 | |
| Credit institutions | 430/8 | €9,854 | - | -€9,854 | |
| Trade debts | 44 | €892 | - | -€892 | |
| Suppliers | 440/4 | €892 | - | -€892 | |
| Taxes, remuneration and social security | 45 | €1,226 | €1,201 | -€25 | -2.1% |
| Remuneration and social security | 454/9 | €1,226 | €1,201 | -€25 | -2.1% |
| Other amounts payable | 47/48 | €36,800 | €33,547 | -€3,253 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,042 | €6,733 | -€310 | -4.4% |
| Other operating charges | 640/8 | €1,255 | €1,438 | +€183 | +14.5% |
| Non-recurring operating charges | 66A | €758 | - | -€758 | |
| Gross operating margin | 9900 | €13,784 | €13,942 | +€157 | +1.1% |
| Operating profit (loss) | 9901 | €4,729 | €5,771 | +€1,042 | +22.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €18,926 | €3,135 | -€15,790 | -83.4% |
| Recurring financial charges | 65 | €18,926 | €3,135 | -€15,790 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,196 | €2,636 | +€16,833 | |
| Income taxes | 67/77 | €94 | - | -€94 | |
| Profit (loss) for the period | 9904 | -€14,290 | €2,636 | +€16,926 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,290 | €2,636 | +€16,926 |
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 16 October 2026 via checked.be.