NEW 92: what changed
Two fiscal 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.
NEW 92
Largest movements
- Receivables within one year +€8,556
up €8,556 (+11.9%), from €71,646 to €80,202
of which Other amounts receivable: +€16,717
- Cash +€3,452
up €3,452 (+81.1%), from €4,256 to €7,708
mainly Net result for the year (+€36,141) and Accrued charges and deferred income (+€7,552)
- Deferred charges and accrued income +€1,680
new in 2025: €1,680
- Profit (loss) carried forward +€36,141
up €36,141 (+12.8%), from -€282,096 to -€245,955
- Trade debts -€27,731
down €27,731 (-19.5%), from €142,550 to €114,819
- Accrued charges and deferred income +€7,552
up €7,552 (+9.0%), from €83,575 to €91,127
- Tax, wage and social debts -€4,262
down €4,262 (-18.8%), from €22,668 to €18,405
of which Remuneration and social security: -€4,178
- Other debts +€1,452
new in 2025: €1,452
- Gross operating margin +€42,053
up €42,053 (+39.0%), from €107,702 to €149,755
- Staff costs -€9,842
down €9,842 (-8.4%), from €117,383 to €107,541
- Financial charges -€2,230
down €2,230 (-27.2%), from €8,209 to €5,979
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.
Cash bridge derived
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 | €77,096 | €90,247 | +€13,151 | +17.1% |
| Fixed assets | 21/28 | €1,194 | €657 | -€537 | -45.0% |
| Tangible fixed assets | 22/27 | €989 | €452 | -€537 | -54.3% |
| Furniture and vehicles | 24 | €989 | €452 | -€537 | -54.3% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €75,902 | €89,590 | +€13,688 | +18.0% |
| Amounts receivable within one year | 40/41 | €71,646 | €80,202 | +€8,556 | +11.9% |
| Trade receivables | 40 | €37,697 | €29,536 | -€8,161 | -21.6% |
| Other amounts receivable | 41 | €33,949 | €50,666 | +€16,717 | +49.2% |
| Cash at bank and in hand | 54/58 | €4,256 | €7,708 | +€3,452 | +81.1% |
| Deferred charges and accrued income | 490/1 | - | €1,680 | +€1,680 | |
| Total equity and liabilities | 10/49 | €77,096 | €90,247 | +€13,151 | +17.1% |
| Equity | 10/15 | -€171,696 | -€135,555 | +€36,141 | +21.0% |
| Contributions | 10/11 | €110,400 | €110,400 | = | 0.0% |
| Capital | 10 | - | €110,400 | +€110,400 | |
| Issued capital | 100 | - | €110,400 | +€110,400 | |
| Profit (loss) carried forward | 14 | -€282,096 | -€245,955 | +€36,141 | +12.8% |
| Amounts payable | 17/49 | €248,792 | €225,802 | -€22,990 | -9.2% |
| Amounts payable within one year | 42/48 | €165,217 | €134,676 | -€30,542 | -18.5% |
| Trade debts | 44 | €142,550 | €114,819 | -€27,731 | -19.5% |
| Suppliers | 440/4 | €142,550 | €114,819 | -€27,731 | -19.5% |
| Taxes, remuneration and social security | 45 | €22,668 | €18,405 | -€4,262 | -18.8% |
| Taxes | 450/3 | €3,002 | €2,918 | -€84 | -2.8% |
| Remuneration and social security | 454/9 | €19,666 | €15,488 | -€4,178 | -21.2% |
| Other amounts payable | 47/48 | - | €1,452 | +€1,452 | |
| Accrued charges and deferred income | 492/3 | €83,575 | €91,127 | +€7,552 | +9.0% |
| Remuneration, social security and pensions | 62 | €117,383 | €107,541 | -€9,842 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €987 | €537 | -€450 | -45.6% |
| Other operating charges | 640/8 | €1,039 | €543 | -€496 | -47.8% |
| Gross operating margin | 9900 | €107,702 | €149,755 | +€42,053 | +39.0% |
| Operating profit (loss) | 9901 | -€11,707 | €41,134 | +€52,842 | |
| Financial income | 75/76B | €667 | €985 | +€319 | +47.8% |
| Recurring financial income | 75 | €667 | €985 | +€319 | +47.8% |
| Financial charges | 65/66B | €8,209 | €5,979 | -€2,230 | -27.2% |
| Recurring financial charges | 65 | €8,209 | €5,979 | -€2,230 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,250 | €36,141 | +€55,391 | |
| Profit (loss) for the period | 9904 | -€19,250 | €36,141 | +€55,391 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,250 | €36,141 | +€55,391 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.