NEW INC.: 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 INC.
Largest movements
- Cash +€64,455
up €64,455 (+28.4%), from €227,321 to €291,775
mainly Net result for the year (+€98,528) and Other debts (+€37,331)
- Receivables within one year -€22,441
down €22,441 (-30.7%), from €73,124 to €50,683
of which Trade receivables: -€22,441
- Other debts +€37,331
up €37,331 (+15.0%), from €249,662 to €286,993
- Reserves +€8,528
up €8,528 (+74.9%), from €11,389 to €19,917
- Gross operating margin +€20,480
up €20,480 (+18.1%), from €112,887 to €133,367
- Other operating charges +€6,267
up €6,267 (+694%), from €903 to €7,170
- Taxes +€3,877
up €3,877 (+16.6%), from €23,305 to €27,182
- Financial income +€3,180
up €3,180 (+244,648%), from €1 to €3,182
- Financial charges +€1,944
up €1,944 (+1,238%), from €157 to €2,101
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 | €306,597 | €348,261 | +€41,664 | +13.6% |
| Fixed assets | 21/28 | €3,488 | €1,921 | -€1,567 | -44.9% |
| Tangible fixed assets | 22/27 | €3,308 | €1,741 | -€1,567 | -47.4% |
| Furniture and vehicles | 24 | €3,308 | €1,741 | -€1,567 | -47.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €303,109 | €346,340 | +€43,230 | +14.3% |
| Amounts receivable within one year | 40/41 | €73,124 | €50,683 | -€22,441 | -30.7% |
| Trade receivables | 40 | €66,429 | €43,988 | -€22,441 | -33.8% |
| Other amounts receivable | 41 | €6,695 | €6,695 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €227,321 | €291,775 | +€64,455 | +28.4% |
| Deferred charges and accrued income | 490/1 | €2,665 | €3,881 | +€1,216 | +45.6% |
| Total equity and liabilities | 10/49 | €306,597 | €348,261 | +€41,664 | +13.6% |
| Equity | 10/15 | €29,989 | €38,517 | +€8,528 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,389 | €19,917 | +€8,528 | +74.9% |
| Distributable reserves | 133 | €11,389 | €19,917 | +€8,528 | +74.9% |
| Amounts payable | 17/49 | €276,608 | €309,744 | +€33,135 | +12.0% |
| Amounts payable within one year | 42/48 | €276,608 | €309,744 | +€33,135 | +12.0% |
| Trade debts | 44 | €5,204 | €2,973 | -€2,230 | -42.9% |
| Suppliers | 440/4 | €5,204 | €2,973 | -€2,230 | -42.9% |
| Taxes, remuneration and social security | 45 | €21,743 | €19,777 | -€1,966 | -9.0% |
| Taxes | 450/3 | €21,743 | €18,482 | -€3,261 | -15.0% |
| Remuneration and social security | 454/9 | - | €1,296 | +€1,296 | |
| Other amounts payable | 47/48 | €249,662 | €286,993 | +€37,331 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,223 | €1,567 | +€343 | +28.1% |
| Other operating charges | 640/8 | €903 | €7,170 | +€6,267 | +694% |
| Gross operating margin | 9900 | €112,887 | €133,367 | +€20,480 | +18.1% |
| Operating profit (loss) | 9901 | €110,761 | €124,630 | +€13,869 | +12.5% |
| Financial income | 75/76B | €1 | €3,182 | +€3,180 | +244,648% |
| Recurring financial income | 75 | €1 | €3,182 | +€3,180 | +244,648% |
| Financial charges | 65/66B | €157 | €2,101 | +€1,944 | +1,238% |
| Recurring financial charges | 65 | €157 | €2,101 | +€1,944 | +1,238% |
| Profit (loss) for the period before taxes | 9903 | €110,605 | €125,711 | +€15,106 | +13.7% |
| Income taxes | 67/77 | €23,305 | €27,182 | +€3,877 | +16.6% |
| Profit (loss) for the period | 9904 | €87,299 | €98,528 | +€11,229 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,299 | €98,528 | +€11,229 | +12.9% |
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 14 October 2026 via checked.be.