EXPRESS NIEUWRODE: 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.
EXPRESS NIEUWRODE
Largest movements
- Receivables within one year +€55,012
up €55,012 (+30.8%), from €178,882 to €233,894
of which Other amounts receivable: +€60,703
- Tangible fixed assets -€36,032
down €36,032 (-18.5%), from €195,076 to €159,044
of which Other tangible fixed assets: -€38,885
- Cash +€24,888
up €24,888 (+57.3%), from €43,466 to €68,354
mainly Trade debts (+€130,045) and Depreciation (+€47,142)
- Stocks and contracts +€12,424
up €12,424 (+10.1%), from €122,746 to €135,170
- Trade debts +€130,045
up €130,045 (+34.7%), from €374,585 to €504,629
- Profit (loss) carried forward -€65,783
down €65,783, from €40,632 to -€25,151
- Debts after one year -€24,309
no longer reported in 2025 (was €24,309)
- Short-term financial debts +€16,940
new in 2025: €16,940
- Tax, wage and social debts +€10,481
up €10,481 (+12.1%), from €86,896 to €97,377
of which Remuneration and social security: +€10,753
- Gross operating margin -€29,323
down €29,323 (-10.2%), from €286,391 to €257,068
- Financial charges +€4,598
up €4,598 (+31.2%), from €14,730 to €19,328
- Depreciation +€4,226
up €4,226 (+9.8%), from €42,916 to €47,142
- Staff costs +€4,187
up €4,187 (+1.7%), from €249,946 to €254,134
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 | €578,239 | €638,104 | +€59,865 | +10.4% |
| Fixed assets | 21/28 | €195,076 | €159,044 | -€36,032 | -18.5% |
| Tangible fixed assets | 22/27 | €195,076 | €159,044 | -€36,032 | -18.5% |
| Plant, machinery and equipment | 23 | €10,731 | €13,610 | +€2,879 | +26.8% |
| Furniture and vehicles | 24 | €869 | €843 | -€26 | -2.9% |
| Other tangible fixed assets | 26 | €183,476 | €144,591 | -€38,885 | -21.2% |
| Current assets | 29/58 | €383,163 | €479,060 | +€95,897 | +25.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €122,746 | €135,170 | +€12,424 | +10.1% |
| Stocks | 30/36 | €122,746 | €135,170 | +€12,424 | +10.1% |
| Amounts receivable within one year | 40/41 | €178,882 | €233,894 | +€55,012 | +30.8% |
| Trade receivables | 40 | €17,546 | €11,855 | -€5,691 | -32.4% |
| Other amounts receivable | 41 | €161,336 | €222,038 | +€60,703 | +37.6% |
| Cash at bank and in hand | 54/58 | €43,466 | €68,354 | +€24,888 | +57.3% |
| Deferred charges and accrued income | 490/1 | €8,069 | €11,642 | +€3,574 | +44.3% |
| Total equity and liabilities | 10/49 | €578,239 | €638,104 | +€59,865 | +10.4% |
| Equity | 10/15 | €60,632 | -€5,151 | -€65,783 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,632 | -€25,151 | -€65,783 | |
| Amounts payable | 17/49 | €517,607 | €643,255 | +€125,649 | +24.3% |
| Amounts payable after more than one year | 17 | €24,309 | - | -€24,309 | |
| Financial debts | 170/4 | €24,309 | - | -€24,309 | |
| Amounts payable within one year | 42/48 | €493,298 | €643,255 | +€149,957 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €31,817 | €24,309 | -€7,508 | -23.6% |
| Financial debts | 43 | - | €16,940 | +€16,940 | |
| Credit institutions | 430/8 | - | €16,940 | +€16,940 | |
| Trade debts | 44 | €374,585 | €504,629 | +€130,045 | +34.7% |
| Suppliers | 440/4 | €374,585 | €504,629 | +€130,045 | +34.7% |
| Taxes, remuneration and social security | 45 | €86,896 | €97,377 | +€10,481 | +12.1% |
| Taxes | 450/3 | €272 | - | -€272 | |
| Remuneration and social security | 454/9 | €86,624 | €97,377 | +€10,753 | +12.4% |
| Remuneration, social security and pensions | 62 | €249,946 | €254,134 | +€4,187 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,916 | €47,142 | +€4,226 | +9.8% |
| Other operating charges | 640/8 | €1,425 | €2,039 | +€615 | +43.1% |
| Gross operating margin | 9900 | €286,391 | €257,068 | -€29,323 | -10.2% |
| Operating profit (loss) | 9901 | -€7,896 | -€46,247 | -€38,351 | -486% |
| Financial income | 75/76B | €104 | €50 | -€53 | -51.6% |
| Recurring financial income | 75 | €104 | €50 | -€53 | -51.6% |
| Financial charges | 65/66B | €14,730 | €19,328 | +€4,598 | +31.2% |
| Recurring financial charges | 65 | €14,730 | €19,328 | +€4,598 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,522 | -€65,525 | -€43,003 | -191% |
| Income taxes | 67/77 | €272 | €258 | -€14 | -5.2% |
| Profit (loss) for the period | 9904 | -€22,795 | -€65,783 | -€42,989 | -189% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,795 | -€65,783 | -€42,989 | -189% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.