New Beginnings Management: what changed
New Beginnings Management
Largest movements
- Tangible fixed assets +€23,074
up €23,074 (+500%), from €4,617 to €27,691
of which Plant, machinery and equipment: +€15,800
- Cash +€13,862
up €13,862 (+1,873,211%), from €1 to €13,863
mainly Net result for the year (+€13,526) and Debts after one year (+€9,357)
- Financial fixed assets -€5,000
no longer reported in 2025 (was €5,000)
- Receivables within one year -€946
down €946 (-8.3%), from €11,365 to €10,419
of which Other amounts receivable: -€3,086
- Reserves +€13,526
up €13,526 (+723%), from €1,871 to €15,397
- Debts after one year +€9,357
new in 2025: €9,357
- Trade debts +€5,701
up €5,701 (+2,563%), from €222 to €5,923
- Current portion of long-term debt +€2,967
new in 2025: €2,967
- Tax, wage and social debts -€661
down €661 (-19.8%), from €3,338 to €2,677
- Gross operating margin +€29,567
up €29,567, from -€2,368 to €27,199
- Taxes +€4,450
up €4,450 (+2,543%), from €175 to €4,625
- Financial charges +€4,260
up €4,260 (+151%), from €2,823 to €7,084
of which Non-recurring financial charges: +€4,100
- Depreciation +€1,342
up €1,342 (+383%), from €350 to €1,692
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,982 | €51,972 | +€30,990 | +148% |
| Fixed assets | 21/28 | €9,617 | €27,691 | +€18,074 | +188% |
| Tangible fixed assets | 22/27 | €4,617 | €27,691 | +€23,074 | +500% |
| Plant, machinery and equipment | 23 | €4,617 | €20,417 | +€15,800 | +342% |
| Furniture and vehicles | 24 | - | €7,274 | +€7,274 | |
| Financial fixed assets | 28 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €11,365 | €24,281 | +€12,916 | +114% |
| Amounts receivable within one year | 40/41 | €11,365 | €10,419 | -€946 | -8.3% |
| Trade receivables | 40 | €7,860 | €10,000 | +€2,140 | +27.2% |
| Other amounts receivable | 41 | €3,505 | €419 | -€3,086 | -88.1% |
| Cash at bank and in hand | 54/58 | €1 | €13,863 | +€13,862 | +1,873,211% |
| Total equity and liabilities | 10/49 | €20,982 | €51,972 | +€30,990 | +148% |
| Equity | 10/15 | €6,871 | €20,397 | +€13,526 | +197% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,871 | €15,397 | +€13,526 | +723% |
| Distributable reserves | 133 | €1,871 | €15,397 | +€13,526 | +723% |
| Amounts payable | 17/49 | €14,111 | €31,575 | +€17,464 | +124% |
| Amounts payable after more than one year | 17 | - | €9,357 | +€9,357 | |
| Financial debts | 170/4 | - | €9,357 | +€9,357 | |
| Amounts payable within one year | 42/48 | €14,111 | €22,218 | +€8,106 | +57.4% |
| Current portion of amounts payable after more than one year | 42 | - | €2,967 | +€2,967 | |
| Trade debts | 44 | €222 | €5,923 | +€5,701 | +2,563% |
| Suppliers | 440/4 | €222 | €5,923 | +€5,701 | +2,563% |
| Taxes, remuneration and social security | 45 | €3,338 | €2,677 | -€661 | -19.8% |
| Taxes | 450/3 | €3,338 | €2,677 | -€661 | -19.8% |
| Other amounts payable | 47/48 | €10,551 | €10,650 | +€100 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350 | €1,692 | +€1,342 | +383% |
| Other operating charges | 640/8 | €329 | €273 | -€56 | -17.1% |
| Gross operating margin | 9900 | -€2,368 | €27,199 | +€29,567 | |
| Operating profit (loss) | 9901 | -€3,046 | €25,235 | +€28,281 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,823 | €7,084 | +€4,260 | +151% |
| Recurring financial charges | 65 | €2,823 | €2,984 | +€160 | +5.7% |
| Non-recurring financial charges | 66B | - | €4,100 | +€4,100 | |
| Profit (loss) for the period before taxes | 9903 | -€5,870 | €18,151 | +€24,021 | |
| Income taxes | 67/77 | €175 | €4,625 | +€4,450 | +2,543% |
| Profit (loss) for the period | 9904 | -€6,045 | €13,526 | +€19,571 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,045 | €13,526 | +€19,571 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.