NEW CENTURY: 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 CENTURY
Largest movements
- Cash +€42,503
up €42,503 (+73.5%), from €57,821 to €100,325
mainly Net result for the year (+€62,955) and Depreciation (+€27,600)
- Tangible fixed assets -€27,600
down €27,600 (-28.0%), from €98,738 to €71,138
of which Furniture and vehicles: -€22,148
- Receivables within one year +€9,816
up €9,816 (+42.0%), from €23,360 to €33,176
of which Other amounts receivable: +€9,967
- Stocks and contracts +€3,944
up €3,944 (+46.4%), from €8,491 to €12,435
- Profit (loss) carried forward +€59,623
new in 2025: €59,623
- Debts after one year -€19,596
down €19,596 (-36.2%), from €54,208 to €34,612
- Trade debts -€5,811
down €5,811 (-30.8%), from €18,881 to €13,070
- Other debts -€3,729
down €3,729 (-34.2%), from €10,896 to €7,168
- Tax, wage and social debts -€3,406
down €3,406 (-30.0%), from €11,351 to €7,945
of which Remuneration and social security: -€4,357
- Taxes -€8,409
down €8,409 (-34.4%), from €24,423 to €16,014
- Staff costs -€5,868
down €5,868 (-15.4%), from €38,055 to €32,186
- Gross operating margin -€2,229
down €2,229 (-1.5%), from €148,536 to €146,308
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 | €191,463 | €219,627 | +€28,165 | +14.7% |
| Fixed assets | 21/28 | €98,738 | €71,138 | -€27,600 | -28.0% |
| Tangible fixed assets | 22/27 | €98,738 | €71,138 | -€27,600 | -28.0% |
| Plant, machinery and equipment | 23 | €3,020 | €1,470 | -€1,550 | -51.3% |
| Furniture and vehicles | 24 | €74,744 | €52,596 | -€22,148 | -29.6% |
| Other tangible fixed assets | 26 | €20,973 | €17,072 | -€3,901 | -18.6% |
| Current assets | 29/58 | €92,725 | €148,489 | +€55,764 | +60.1% |
| Stocks and contracts in progress | 3 | €8,491 | €12,435 | +€3,944 | +46.4% |
| Stocks | 30/36 | €8,491 | €12,435 | +€3,944 | +46.4% |
| Amounts receivable within one year | 40/41 | €23,360 | €33,176 | +€9,816 | +42.0% |
| Trade receivables | 40 | €10,584 | €10,433 | -€150 | -1.4% |
| Other amounts receivable | 41 | €12,776 | €22,743 | +€9,967 | +78.0% |
| Cash at bank and in hand | 54/58 | €57,821 | €100,325 | +€42,503 | +73.5% |
| Deferred charges and accrued income | 490/1 | €3,053 | €2,553 | -€499 | -16.4% |
| Total equity and liabilities | 10/49 | €191,463 | €219,627 | +€28,165 | +14.7% |
| Equity | 10/15 | €75,863 | €135,486 | +€59,623 | +78.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €71,863 | €71,863 | = | 0.0% |
| Distributable reserves | 133 | €71,863 | €71,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €59,623 | +€59,623 | |
| Amounts payable | 17/49 | €115,600 | €84,141 | -€31,459 | -27.2% |
| Amounts payable after more than one year | 17 | €54,208 | €34,612 | -€19,596 | -36.2% |
| Financial debts | 170/4 | €54,208 | €34,612 | -€19,596 | -36.2% |
| Amounts payable within one year | 42/48 | €59,891 | €47,779 | -€12,113 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €18,764 | €19,596 | +€833 | +4.4% |
| Trade debts | 44 | €18,881 | €13,070 | -€5,811 | -30.8% |
| Suppliers | 440/4 | €18,881 | €13,070 | -€5,811 | -30.8% |
| Taxes, remuneration and social security | 45 | €11,351 | €7,945 | -€3,406 | -30.0% |
| Taxes | 450/3 | €2,087 | €3,038 | +€952 | +45.6% |
| Remuneration and social security | 454/9 | €9,264 | €4,907 | -€4,357 | -47.0% |
| Other amounts payable | 47/48 | €10,896 | €7,168 | -€3,729 | -34.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,750 | +€250 | +16.7% |
| Remuneration, social security and pensions | 62 | €38,055 | €32,186 | -€5,868 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,599 | €27,600 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,453 | €2,552 | +€1,098 | +75.6% |
| Gross operating margin | 9900 | €148,536 | €146,308 | -€2,229 | -1.5% |
| Operating profit (loss) | 9901 | €81,429 | €83,970 | +€2,541 | +3.1% |
| Financial income | 75/76B | €42 | €62 | +€20 | +48.7% |
| Recurring financial income | 75 | €42 | €62 | +€20 | +48.7% |
| Financial charges | 65/66B | €5,546 | €5,063 | -€483 | -8.7% |
| Recurring financial charges | 65 | €5,546 | €5,063 | -€483 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €75,925 | €78,969 | +€3,045 | +4.0% |
| Income taxes | 67/77 | €24,423 | €16,014 | -€8,409 | -34.4% |
| Profit (loss) for the period | 9904 | €51,502 | €62,955 | +€11,454 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,502 | €62,955 | +€11,454 | +22.2% |
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 25 October 2026 via checked.be.