N.E.W. ATCO: 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.
What changed
N.E.W. ATCO
NACE 69.201, Certified accountants and tax accountants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€116,872
2024 · €106,217+€10,655
Equity
€822,144
2024 · €728,572+€93,572
Cash
€15,694
2024 · €10,788+€4,906
Balance sheet total
€893,080
2024 · €781,072+€112,008
Largest movements
Assets
- Current investments +€107,500
up €107,500 (+14.3%), from €751,790 to €859,290
Equity and liabilities
- Reserves +€50,000
up €50,000 (+68.8%), from €72,644 to €122,644
of which Distributable reserves: +€50,000
- Profit (loss) carried forward +€26,872
up €26,872 (+4.6%), from €586,675 to €613,547
- Other debts +€25,518
up €25,518 (+300%), from €8,500 to €34,018
- Revaluation surpluses +€16,700
up €16,700 (+33.0%), from €50,653 to €67,353
Income statement
- Gross operating margin +€12,868
up €12,868 (+8.7%), from €148,332 to €161,200
- Taxes +€3,278
up €3,278 (+8.8%), from €37,372 to €40,650
- Financial income +€2,280
up €2,280 (+133%), from €1,720 to €4,000
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.
Result 2024
€106,217
Gross operating margin
+€12,868
Depreciation
-€1,425
Other operating charges
+€301
Financial income
+€2,280
Financial charges
-€91
Taxes
-€3,278
Result 2025
€116,872
raises the resultlowers the result
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.
From operations
+€138,417
Investment
-€113,598
Financing
-€19,913
Cash 2024
€10,788
From operations (derived)
+€138,417
Net result for the year
+€116,872
Depreciation
+€5,123
Receivables within one year
+€1,327
Deferred charges and accrued income
+€46
Trade debts
-€1,303
Tax, wage and social debts
-€4,965
Advances received
-€5,542
Other debts
+€25,518
Accrued charges and deferred income
+€1,341
Investment (derived)
-€113,598
Investment in fixed assets (net)
-€6,098
Current investments
-€107,500
Financing
-€19,913
Current portion of long-term debt
+€3,387
Contributions, distributions and other
-€23,300
Cash 2025
€15,694
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €781,072 | €893,080 | +€112,008 | +14.3% |
| Fixed assets | 21/28 | €13,388 | €14,363 | +€975 | +7.3% |
| Tangible fixed assets | 22/27 | €11,193 | €12,168 | +€975 | +8.7% |
| Plant, machinery and equipment | 23 | €196 | - | -€196 | |
| Furniture and vehicles | 24 | €10,997 | €12,168 | +€1,171 | +10.6% |
| Financial fixed assets | 28 | €2,195 | €2,195 | = | 0.0% |
| Current assets | 29/58 | €767,684 | €878,717 | +€111,033 | +14.5% |
| Amounts receivable within one year | 40/41 | €4,777 | €3,450 | -€1,327 | -27.8% |
| Trade receivables | 40 | €3,144 | €3,450 | +€306 | +9.7% |
| Other amounts receivable | 41 | €1,633 | - | -€1,633 | |
| Current investments | 50/53 | €751,790 | €859,290 | +€107,500 | +14.3% |
| Cash at bank and in hand | 54/58 | €10,788 | €15,694 | +€4,906 | +45.5% |
| Deferred charges and accrued income | 490/1 | €329 | €283 | -€46 | -14.0% |
| Total equity and liabilities | 10/49 | €781,072 | €893,080 | +€112,008 | +14.3% |
| Equity | 10/15 | €728,572 | €822,144 | +€93,572 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €50,653 | €67,353 | +€16,700 | +33.0% |
| Reserves | 13 | €72,644 | €122,644 | +€50,000 | +68.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €784 | €784 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €120,000 | +€50,000 | +71.4% |
| Profit (loss) carried forward | 14 | €586,675 | €613,547 | +€26,872 | +4.6% |
| Amounts payable | 17/49 | €52,500 | €70,936 | +€18,436 | +35.1% |
| Amounts payable within one year | 42/48 | €52,500 | €69,595 | +€17,095 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €8,484 | €11,871 | +€3,387 | +39.9% |
| Trade debts | 44 | €8,355 | €7,052 | -€1,303 | -15.6% |
| Suppliers | 440/4 | €8,355 | €7,052 | -€1,303 | -15.6% |
| Advances received on contracts in progress | 46 | €8,107 | €2,565 | -€5,542 | -68.4% |
| Taxes, remuneration and social security | 45 | €19,054 | €14,089 | -€4,965 | -26.1% |
| Taxes | 450/3 | €19,054 | €14,089 | -€4,965 | -26.1% |
| Other amounts payable | 47/48 | €8,500 | €34,018 | +€25,518 | +300% |
| Accrued charges and deferred income | 492/3 | - | €1,341 | +€1,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,698 | €5,123 | +€1,425 | +38.5% |
| Other operating charges | 640/8 | €575 | €274 | -€301 | -52.3% |
| Gross operating margin | 9900 | €148,332 | €161,200 | +€12,868 | +8.7% |
| Operating profit (loss) | 9901 | €144,059 | €155,803 | +€11,744 | +8.2% |
| Financial income | 75/76B | €1,720 | €4,000 | +€2,280 | +133% |
| Recurring financial income | 75 | €1,720 | €4,000 | +€2,280 | +133% |
| Financial charges | 65/66B | €2,190 | €2,281 | +€91 | +4.2% |
| Recurring financial charges | 65 | €2,190 | €2,281 | +€91 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €143,589 | €157,522 | +€13,933 | +9.7% |
| Income taxes | 67/77 | €37,372 | €40,650 | +€3,278 | +8.8% |
| Profit (loss) for the period | 9904 | €106,217 | €116,872 | +€10,655 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €106,217 | €116,872 | +€10,655 | +10.0% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.