NEW HOUSE: 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 HOUSE
Largest movements
- Current investments +€149,797
up €149,797 (+90.2%), from €165,987 to €315,784
- Receivables within one year -€24,860
down €24,860 (-4.5%), from €549,333 to €524,473
of which Trade receivables: -€16,097
- Cash -€22,242
down €22,242 (-46.2%), from €48,155 to €25,913
mainly Current investments (-€149,797) and Contributions, distributions and other (-€21,429)
- Profit (loss) carried forward +€94,885
up €94,885 (+12.2%), from €779,990 to €874,875
- Gross operating margin +€54,100
up €54,100 (+52.4%), from €103,179 to €157,279
- Taxes +€22,617
up €22,617 (+147%), from €15,379 to €37,996
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 | €840,392 | €939,050 | +€98,658 | +11.7% |
| Fixed assets | 21/28 | €66,997 | €64,621 | -€2,376 | -3.5% |
| Tangible fixed assets | 22/27 | €4,747 | €2,371 | -€2,376 | -50.1% |
| Plant, machinery and equipment | 23 | €416 | €83 | -€333 | -80.0% |
| Furniture and vehicles | 24 | €4,331 | €2,288 | -€2,043 | -47.2% |
| Financial fixed assets | 28 | €62,250 | €62,250 | = | 0.0% |
| Current assets | 29/58 | €773,395 | €874,429 | +€101,034 | +13.1% |
| Stocks and contracts in progress | 3 | €8,952 | €4,965 | -€3,987 | -44.5% |
| Stocks | 30/36 | €8,952 | €4,965 | -€3,987 | -44.5% |
| Amounts receivable within one year | 40/41 | €549,333 | €524,473 | -€24,860 | -4.5% |
| Trade receivables | 40 | €17,139 | €1,042 | -€16,097 | -93.9% |
| Other amounts receivable | 41 | €532,194 | €523,431 | -€8,763 | -1.6% |
| Current investments | 50/53 | €165,987 | €315,784 | +€149,797 | +90.2% |
| Cash at bank and in hand | 54/58 | €48,155 | €25,913 | -€22,242 | -46.2% |
| Deferred charges and accrued income | 490/1 | €968 | €3,294 | +€2,326 | +240% |
| Total equity and liabilities | 10/49 | €840,392 | €939,050 | +€98,658 | +11.7% |
| Equity | 10/15 | €800,441 | €895,326 | +€94,885 | +11.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €779,990 | €874,875 | +€94,885 | +12.2% |
| Amounts payable | 17/49 | €39,951 | €43,724 | +€3,773 | +9.4% |
| Amounts payable within one year | 42/48 | €39,951 | €43,724 | +€3,773 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €6,966 | - | -€6,966 | |
| Financial debts | 43 | - | €6,932 | +€6,932 | |
| Credit institutions | 430/8 | - | €6,932 | +€6,932 | |
| Trade debts | 44 | €10,892 | €14,752 | +€3,860 | +35.4% |
| Suppliers | 440/4 | €10,892 | €14,752 | +€3,860 | +35.4% |
| Taxes, remuneration and social security | 45 | €664 | €7,040 | +€6,376 | +960% |
| Taxes | 450/3 | €664 | €7,040 | +€6,376 | +960% |
| Other amounts payable | 47/48 | €21,429 | €15,000 | -€6,429 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €952 | €1,096 | +€144 | +15.1% |
| Other operating charges | 640/8 | €3,062 | €1,753 | -€1,309 | -42.7% |
| Gross operating margin | 9900 | €103,179 | €157,279 | +€54,100 | +52.4% |
| Operating profit (loss) | 9901 | €99,165 | €154,430 | +€55,265 | +55.7% |
| Financial income | 75/76B | €609 | €1,135 | +€526 | +86.4% |
| Recurring financial income | 75 | €609 | €1,135 | +€526 | +86.4% |
| Financial charges | 65/66B | €1,211 | €1,255 | +€44 | +3.6% |
| Recurring financial charges | 65 | €1,211 | €1,255 | +€44 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €98,563 | €154,310 | +€55,747 | +56.6% |
| Income taxes | 67/77 | €15,379 | €37,996 | +€22,617 | +147% |
| Profit (loss) for the period | 9904 | €83,184 | €116,314 | +€33,130 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,184 | €116,314 | +€33,130 | +39.8% |
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 18 October 2026 via checked.be.