New Life Construct: 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 Life Construct
Largest movements
- Stocks and contracts -€248,918
no longer reported in 2025 (was €248,918)
- Cash +€194,536
up €194,536 (+2574.5%), from €7,556 to €202,092
mainly Stocks and contracts (+€248,918) and Debts after one year (+€122,555)
- Receivables within one year +€33,500
new in 2025: €33,500
- Deferred charges and accrued income +€8,270
up €8,270 (+31.7%), from €26,069 to €34,339
- Short-term financial debts -€146,461
down €146,461 (-100.0%), from €146,504 to €43
- Debts after one year +€122,555
up €122,555 (+264.0%), from €46,427 to €168,982
- Profit (loss) carried forward -€34,955
down €34,955 (-53.6%), from €65,218 to €30,262
- Trade debts +€33,095
up €33,095 (+1024.5%), from €3,230 to €36,325
- Tax, wage and social debts +€13,155
up €13,155 (+1130.3%), from €1,164 to €14,318
- Gross operating margin +€59,842
up €59,842, from -€12,608 to €47,234
- Financial charges +€4,861
up €4,861 (+74.6%), from €6,520 to €11,382
- Taxes +€2,241
up €2,241 (+192.5%), from €1,164 to €3,405
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 | €282,543 | €269,930 | -€12,612 | -4.5% |
| Current assets | 29/58 | €282,543 | €269,930 | -€12,612 | -4.5% |
| Stocks and contracts in progress | 3 | €248,918 | - | -€248,918 | |
| Stocks | 30/36 | €248,918 | - | -€248,918 | |
| Amounts receivable within one year | 40/41 | - | €33,500 | +€33,500 | |
| Trade receivables | 40 | - | €33,500 | +€33,500 | |
| Cash at bank and in hand | 54/58 | €7,556 | €202,092 | +€194,536 | +2574.5% |
| Deferred charges and accrued income | 490/1 | €26,069 | €34,339 | +€8,270 | +31.7% |
| Total equity and liabilities | 10/49 | €282,543 | €269,930 | -€12,612 | -4.5% |
| Equity | 10/15 | €85,218 | €50,262 | -€34,955 | -41.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,218 | €30,262 | -€34,955 | -53.6% |
| Amounts payable | 17/49 | €197,325 | €219,668 | +€22,343 | +11.3% |
| Amounts payable after more than one year | 17 | €46,427 | €168,982 | +€122,555 | +264.0% |
| Other amounts payable | 178/9 | €46,427 | €168,982 | +€122,555 | +264.0% |
| Amounts payable within one year | 42/48 | €150,898 | €50,686 | -€100,212 | -66.4% |
| Financial debts | 43 | €146,504 | €43 | -€146,461 | -100.0% |
| Credit institutions | 430/8 | €146,504 | €43 | -€146,461 | -100.0% |
| Trade debts | 44 | €3,230 | €36,325 | +€33,095 | +1024.5% |
| Suppliers | 440/4 | €3,230 | €36,325 | +€33,095 | +1024.5% |
| Taxes, remuneration and social security | 45 | €1,164 | €14,318 | +€13,155 | +1130.3% |
| Taxes | 450/3 | €1,164 | €14,318 | +€13,155 | +1130.3% |
| Other operating charges | 640/8 | €2,360 | €2,403 | +€43 | +1.8% |
| Gross operating margin | 9900 | -€12,608 | €47,234 | +€59,842 | |
| Operating profit (loss) | 9901 | -€14,969 | €44,831 | +€59,799 | |
| Financial charges | 65/66B | €6,520 | €11,382 | +€4,861 | +74.6% |
| Recurring financial charges | 65 | €6,520 | €11,382 | +€4,861 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,489 | €33,449 | +€54,938 | |
| Income taxes | 67/77 | €1,164 | €3,405 | +€2,241 | +192.5% |
| Profit (loss) for the period | 9904 | -€22,653 | €30,045 | +€52,697 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,653 | €30,045 | +€52,697 |
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 2 October 2026 via checked.be.