NEW HALLES: 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 HALLES
Largest movements
- Receivables within one year -€21,817
down €21,817 (-55.4%), from €39,398 to €17,581
of which Other amounts receivable: -€14,841
- Cash -€21,200
down €21,200 (-77.0%), from €27,547 to €6,347
mainly Net result for the year (-€36,836) and Trade debts (-€13,090)
- Stocks and contracts -€12,694
down €12,694 (-42.0%), from €30,253 to €17,559
- Tangible fixed assets -€5,380
down €5,380 (-19.7%), from €27,280 to €21,900
of which Plant, machinery and equipment: -€4,200
- Profit (loss) carried forward -€36,836
down €36,836 (-48.1%), from -€76,603 to -€113,439
- Trade debts -€13,090
down €13,090 (-21.3%), from €61,422 to €48,332
- Debts after one year -€7,740
down €7,740 (-70.2%), from €11,031 to €3,291
- Tax, wage and social debts -€3,814
down €3,814 (-25.1%), from €15,193 to €11,379
of which Remuneration and social security: -€2,580
- Staff costs -€49,989
down €49,989 (-49.1%), from €101,863 to €51,874
- Gross operating margin -€36,722
down €36,722 (-59.0%), from €62,193 to €25,471
- Financial charges +€1,227
up €1,227 (+68.8%), from €1,783 to €3,010
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 | €129,762 | €68,678 | -€61,084 | -47.1% |
| Fixed assets | 21/28 | €32,280 | €26,900 | -€5,380 | -16.7% |
| Tangible fixed assets | 22/27 | €27,280 | €21,900 | -€5,380 | -19.7% |
| Plant, machinery and equipment | 23 | €23,636 | €19,436 | -€4,200 | -17.8% |
| Furniture and vehicles | 24 | €3,644 | €2,464 | -€1,180 | -32.4% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €97,482 | €41,778 | -€55,704 | -57.1% |
| Stocks and contracts in progress | 3 | €30,253 | €17,559 | -€12,694 | -42.0% |
| Stocks | 30/36 | €30,253 | €17,559 | -€12,694 | -42.0% |
| Amounts receivable within one year | 40/41 | €39,398 | €17,581 | -€21,817 | -55.4% |
| Trade receivables | 40 | €23,260 | €16,284 | -€6,976 | -30.0% |
| Other amounts receivable | 41 | €16,138 | €1,297 | -€14,841 | -92.0% |
| Cash at bank and in hand | 54/58 | €27,547 | €6,347 | -€21,200 | -77.0% |
| Deferred charges and accrued income | 490/1 | €284 | €291 | +€7 | +2.5% |
| Total equity and liabilities | 10/49 | €129,762 | €68,678 | -€61,084 | -47.1% |
| Equity | 10/15 | €34,597 | -€2,239 | -€36,836 | |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €51,200 | €51,200 | = | 0.0% |
| Distributable reserves | 133 | €51,200 | €51,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,603 | -€113,439 | -€36,836 | -48.1% |
| Amounts payable | 17/49 | €95,165 | €70,917 | -€24,248 | -25.5% |
| Amounts payable after more than one year | 17 | €11,031 | €3,291 | -€7,740 | -70.2% |
| Financial debts | 170/4 | €11,031 | €3,291 | -€7,740 | -70.2% |
| Amounts payable within one year | 42/48 | €84,134 | €67,626 | -€16,508 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €7,519 | €7,740 | +€221 | +2.9% |
| Trade debts | 44 | €61,422 | €48,332 | -€13,090 | -21.3% |
| Suppliers | 440/4 | €61,422 | €48,332 | -€13,090 | -21.3% |
| Taxes, remuneration and social security | 45 | €15,193 | €11,379 | -€3,814 | -25.1% |
| Taxes | 450/3 | €2,183 | €949 | -€1,234 | -56.5% |
| Remuneration and social security | 454/9 | €13,010 | €10,430 | -€2,580 | -19.8% |
| Other amounts payable | 47/48 | - | €175 | +€175 | |
| Remuneration, social security and pensions | 62 | €101,863 | €51,874 | -€49,989 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,915 | €5,380 | -€535 | -9.0% |
| Other operating charges | 640/8 | €2,521 | €2,863 | +€342 | +13.6% |
| Gross operating margin | 9900 | €62,193 | €25,471 | -€36,722 | -59.0% |
| Operating profit (loss) | 9901 | -€48,106 | -€34,646 | +€13,460 | +28.0% |
| Financial income | 75/76B | €203 | €820 | +€617 | +304% |
| Recurring financial income | 75 | €203 | €820 | +€617 | +304% |
| Financial charges | 65/66B | €1,783 | €3,010 | +€1,227 | +68.8% |
| Recurring financial charges | 65 | €1,783 | €3,010 | +€1,227 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,686 | -€36,836 | +€12,850 | +25.9% |
| Profit (loss) for the period | 9904 | -€49,686 | -€36,836 | +€12,850 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,686 | -€36,836 | +€12,850 | +25.9% |
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 19 October 2026 via checked.be.