NEW LINE EXPRESS: 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 LINE EXPRESS
Largest movements
- Cash +€58,172
up €58,172 (+18.1%), from €320,739 to €378,911
mainly Depreciation (+€48,726) and Net result for the year (+€23,211)
- Tangible fixed assets -€46,576
down €46,576 (-29.4%), from €158,298 to €111,722
of which Furniture and vehicles: -€36,560
- Receivables within one year -€22,573
down €22,573 (-16.2%), from €139,279 to €116,706
of which Trade receivables: -€22,581
- Debts after one year -€45,710
down €45,710 (-44.2%), from €103,428 to €57,718
- Reserves +€20,000
up €20,000 (+8.5%), from €234,359 to €254,359
of which Distributable reserves: +€20,000
- Trade debts +€19,422
up €19,422 (+412%), from €4,719 to €24,141
- Gross operating margin -€63,704
down €63,704 (-23.2%), from €274,024 to €210,320
- Depreciation -€16,797
down €16,797 (-25.6%), from €65,522 to €48,726
- Taxes -€13,428
down €13,428 (-61.7%), from €21,751 to €8,323
- Staff costs -€5,487
down €5,487 (-5.9%), from €92,521 to €87,034
- Financial charges -€4,062
down €4,062 (-42.2%), from €9,616 to €5,554
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 | €619,057 | €608,080 | -€10,976 | -1.8% |
| Fixed assets | 21/28 | €159,038 | €112,463 | -€46,576 | -29.3% |
| Tangible fixed assets | 22/27 | €158,298 | €111,722 | -€46,576 | -29.4% |
| Land and buildings | 22 | €84,742 | €76,190 | -€8,552 | -10.1% |
| Plant, machinery and equipment | 23 | €3,225 | €2,165 | -€1,060 | -32.9% |
| Furniture and vehicles | 24 | €69,926 | €33,367 | -€36,560 | -52.3% |
| Other tangible fixed assets | 26 | €403 | - | -€403 | |
| Financial fixed assets | 28 | €741 | €741 | = | 0.0% |
| Current assets | 29/58 | €460,019 | €495,618 | +€35,599 | +7.7% |
| Amounts receivable within one year | 40/41 | €139,279 | €116,706 | -€22,573 | -16.2% |
| Trade receivables | 40 | €139,043 | €116,462 | -€22,581 | -16.2% |
| Other amounts receivable | 41 | €237 | €245 | +€8 | +3.4% |
| Cash at bank and in hand | 54/58 | €320,739 | €378,911 | +€58,172 | +18.1% |
| Total equity and liabilities | 10/49 | €619,057 | €608,080 | -€10,976 | -1.8% |
| Equity | 10/15 | €367,445 | €390,656 | +€23,211 | +6.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Share premium | 1100/10 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €234,359 | €254,359 | +€20,000 | +8.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €232,500 | €252,500 | +€20,000 | +8.6% |
| Profit (loss) carried forward | 14 | €114,494 | €117,705 | +€3,211 | +2.8% |
| Amounts payable | 17/49 | €251,611 | €217,424 | -€34,187 | -13.6% |
| Amounts payable after more than one year | 17 | €103,428 | €57,718 | -€45,710 | -44.2% |
| Financial debts | 170/4 | €103,428 | €57,718 | -€45,710 | -44.2% |
| Amounts payable within one year | 42/48 | €147,683 | €159,206 | +€11,523 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €48,945 | €45,710 | -€3,234 | -6.6% |
| Trade debts | 44 | €4,719 | €24,141 | +€19,422 | +412% |
| Suppliers | 440/4 | €4,719 | €24,141 | +€19,422 | +412% |
| Advances received on contracts in progress | 46 | €941 | €941 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €55,921 | €51,372 | -€4,548 | -8.1% |
| Taxes | 450/3 | €48,145 | €41,874 | -€6,271 | -13.0% |
| Remuneration and social security | 454/9 | €7,776 | €9,498 | +€1,723 | +22.2% |
| Other amounts payable | 47/48 | €37,158 | €37,042 | -€116 | -0.3% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Non-recurring operating income | 76A | €2,590 | €1,036 | -€1,554 | -60.0% |
| Remuneration, social security and pensions | 62 | €92,521 | €87,034 | -€5,487 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,522 | €48,726 | -€16,797 | -25.6% |
| Other operating charges | 640/8 | €35,812 | €36,189 | +€377 | +1.1% |
| Non-recurring operating charges | 66A | €2,252 | €1,787 | -€464 | -20.6% |
| Gross operating margin | 9900 | €274,024 | €210,320 | -€63,704 | -23.2% |
| Operating profit (loss) | 9901 | €77,917 | €36,584 | -€41,333 | -53.0% |
| Financial income | 75/76B | €351 | €504 | +€153 | +43.5% |
| Recurring financial income | 75 | €351 | €504 | +€153 | +43.5% |
| Financial charges | 65/66B | €9,616 | €5,554 | -€4,062 | -42.2% |
| Recurring financial charges | 65 | €9,616 | €5,554 | -€4,062 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €68,652 | €31,534 | -€37,118 | -54.1% |
| Income taxes | 67/77 | €21,751 | €8,323 | -€13,428 | -61.7% |
| Profit (loss) for the period | 9904 | €46,901 | €23,211 | -€23,690 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,901 | €23,211 | -€23,690 | -50.5% |
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.