NEW K: what changed
Two fiscal 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 K
Largest movements
- Stocks and contracts +€3,813
up €3,813 (+211.9%), from €1,799 to €5,612
- Receivables within one year -€1,169
down €1,169 (-27.7%), from €4,224 to €3,055
of which Trade receivables: -€1,169
- Cash +€957
up €957 (+93.7%), from €1,022 to €1,979
mainly Other debts (+€12,598) and Receivables within one year (+€1,169)
- Tangible fixed assets -€363
down €363 (-14.1%), from €2,587 to €2,223
of which Plant, machinery and equipment: -€916
- Other debts +€12,598
up €12,598 (+51.1%), from €24,673 to €37,271
- Profit (loss) carried forward -€8,489
down €8,489 (-27.3%), from -€31,056 to -€39,545
- Trade debts -€822
down €822 (-38.2%), from €2,154 to €1,332
- Gross operating margin +€3,740
up €3,740 (+37.8%), from -€9,887 to -€6,146
- Other operating charges -€788
down €788 (-37.8%), from €2,083 to €1,296
- Depreciation +€158
up €158 (+20.8%), from €759 to €917
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.
Cash bridge derived
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 | €9,680 | €12,986 | +€3,306 | +34.1% |
| Fixed assets | 21/28 | €2,587 | €2,223 | -€363 | -14.1% |
| Tangible fixed assets | 22/27 | €2,587 | €2,223 | -€363 | -14.1% |
| Plant, machinery and equipment | 23 | €2,587 | €1,671 | -€916 | -35.4% |
| Furniture and vehicles | 24 | - | €552 | +€552 | |
| Current assets | 29/58 | €7,093 | €10,763 | +€3,669 | +51.7% |
| Stocks and contracts in progress | 3 | €1,799 | €5,612 | +€3,813 | +211.9% |
| Stocks | 30/36 | €1,799 | €5,612 | +€3,813 | +211.9% |
| Amounts receivable within one year | 40/41 | €4,224 | €3,055 | -€1,169 | -27.7% |
| Trade receivables | 40 | €4,224 | €3,055 | -€1,169 | -27.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,022 | €1,979 | +€957 | +93.7% |
| Deferred charges and accrued income | 490/1 | €48 | €116 | +€68 | +143.6% |
| Total equity and liabilities | 10/49 | €9,680 | €12,986 | +€3,306 | +34.1% |
| Equity | 10/15 | -€17,729 | -€26,218 | -€8,489 | -47.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €927 | €927 | = | 0.0% |
| Non-distributable reserves | 130/1 | €927 | €927 | = | 0.0% |
| Reserves not available under the articles | 1311 | €927 | €927 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,056 | -€39,545 | -€8,489 | -27.3% |
| Amounts payable | 17/49 | €27,409 | €39,204 | +€11,795 | +43.0% |
| Amounts payable within one year | 42/48 | €27,409 | €39,204 | +€11,795 | +43.0% |
| Trade debts | 44 | €2,154 | €1,332 | -€822 | -38.2% |
| Suppliers | 440/4 | €2,154 | €1,332 | -€822 | -38.2% |
| Taxes, remuneration and social security | 45 | €582 | €601 | +€19 | +3.2% |
| Taxes | 450/3 | €582 | €601 | +€19 | +3.2% |
| Other amounts payable | 47/48 | €24,673 | €37,271 | +€12,598 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €759 | €917 | +€158 | +20.8% |
| Other operating charges | 640/8 | €2,083 | €1,296 | -€788 | -37.8% |
| Gross operating margin | 9900 | -€9,887 | -€6,146 | +€3,740 | +37.8% |
| Operating profit (loss) | 9901 | -€12,729 | -€8,359 | +€4,370 | +34.3% |
| Financial income | 75/76B | €4 | €1 | -€4 | -87.6% |
| Recurring financial income | 75 | €4 | €1 | -€4 | -87.6% |
| Financial charges | 65/66B | €142 | €131 | -€11 | -7.7% |
| Recurring financial charges | 65 | €142 | €131 | -€11 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,867 | -€8,489 | +€4,378 | +34.0% |
| Profit (loss) for the period | 9904 | -€12,867 | -€8,489 | +€4,378 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,867 | -€8,489 | +€4,378 | +34.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.