New Alternatives: 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.
New Alternatives
Largest movements
- Receivables within one year -€4,521
down €4,521 (-58.4%), from €7,742 to €3,221
of which Trade receivables: -€4,521
- Cash -€953
down €953 (-4.6%), from €20,759 to €19,806
mainly Advances received (-€5,990) and Net result for the year (-€1,165)
- Advances received -€5,990
no longer reported in 2025 (was €5,990)
- Profit (loss) carried forward -€1,165
down €1,165 (-1.3%), from -€87,836 to -€89,001
- Tax, wage and social debts +€1,130
new in 2025: €1,130
- Trade debts +€366
up €366 (+16.6%), from €2,198 to €2,564
- Gross operating margin -€3,696
down €3,696, from €3,126 to -€569
- Other operating charges +€490
new in 2025: €490
- Depreciation -€285
no longer reported in 2025 (was €285)
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 | €30,651 | €25,176 | -€5,475 | -17.9% |
| Fixed assets | 21/28 | €2,150 | €2,150 | = | 0.0% |
| Financial fixed assets | 28 | €2,150 | €2,150 | = | 0.0% |
| Current assets | 29/58 | €28,501 | €23,026 | -€5,475 | -19.2% |
| Amounts receivable within one year | 40/41 | €7,742 | €3,221 | -€4,521 | -58.4% |
| Trade receivables | 40 | €6,963 | €2,442 | -€4,521 | -64.9% |
| Other amounts receivable | 41 | €779 | €779 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,759 | €19,806 | -€953 | -4.6% |
| Total equity and liabilities | 10/49 | €30,651 | €25,176 | -€5,475 | -17.9% |
| Equity | 10/15 | -€81,380 | -€82,545 | -€1,165 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €256 | €256 | = | 0.0% |
| Tax-exempt reserves | 132 | €256 | €256 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,836 | -€89,001 | -€1,165 | -1.3% |
| Amounts payable | 17/49 | €112,031 | €107,721 | -€4,310 | -3.8% |
| Amounts payable within one year | 42/48 | €112,031 | €107,721 | -€4,310 | -3.8% |
| Trade debts | 44 | €2,198 | €2,564 | +€366 | +16.6% |
| Suppliers | 440/4 | €2,198 | €2,564 | +€366 | +16.6% |
| Advances received on contracts in progress | 46 | €5,990 | - | -€5,990 | |
| Taxes, remuneration and social security | 45 | - | €1,130 | +€1,130 | |
| Taxes | 450/3 | - | €1,130 | +€1,130 | |
| Other amounts payable | 47/48 | €103,843 | €104,027 | +€184 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285 | - | -€285 | |
| Other operating charges | 640/8 | - | €490 | +€490 | |
| Gross operating margin | 9900 | €3,126 | -€569 | -€3,696 | |
| Operating profit (loss) | 9901 | €2,841 | -€1,060 | -€3,901 | |
| Financial charges | 65/66B | €105 | €105 | +€1 | +0.5% |
| Recurring financial charges | 65 | €105 | €105 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €2,737 | -€1,165 | -€3,902 | |
| Profit (loss) for the period | 9904 | €2,737 | -€1,165 | -€3,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,737 | -€1,165 | -€3,902 |
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 20 October 2026 via checked.be.