NEW M. SPRL: 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 M. SPRL
Largest movements
- Receivables after one year -€31,541
no longer reported in 2025 (was €31,541)
- Tangible fixed assets -€29,893
down €29,893 (-3.8%), from €778,639 to €748,746
of which Land and buildings: -€39,427
- Cash -€17,162
down €17,162 (-84.7%), from €20,255 to €3,093
mainly Net result for the year (-€55,853) and Trade debts (-€51,732)
- Receivables within one year -€17,081
down €17,081 (-6.0%), from €282,576 to €265,495
of which Other amounts receivable: -€21,238
- Profit (loss) carried forward -€55,853
down €55,853 (-31.7%), from €176,295 to €120,442
- Trade debts -€51,732
down €51,732 (-20.1%), from €257,878 to €206,146
- Other debts +€13,549
new in 2025: €13,549
- Gross operating margin +€23,004
up €23,004 (+20.2%), from €113,941 to €136,946
- Other operating charges +€12,692
up €12,692 (+91.7%), from €13,836 to €26,528
- Depreciation +€4,913
up €4,913 (+11.1%), from €44,433 to €49,346
- Staff costs +€3,431
up €3,431 (+4.8%), from €72,145 to €75,576
- Financial charges +€2,347
up €2,347 (+6.3%), from €37,384 to €39,731
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 | €1,119,515 | €1,023,838 | -€95,677 | -8.5% |
| Fixed assets | 21/28 | €785,144 | €755,250 | -€29,893 | -3.8% |
| Tangible fixed assets | 22/27 | €778,639 | €748,746 | -€29,893 | -3.8% |
| Land and buildings | 22 | €704,650 | €665,223 | -€39,427 | -5.6% |
| Plant, machinery and equipment | 23 | €2,603 | €3,521 | +€918 | +35.3% |
| Furniture and vehicles | 24 | €1,386 | €10,001 | +€8,615 | +622% |
| Other tangible fixed assets | 26 | €70,000 | €70,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,504 | €6,504 | = | 0.0% |
| Current assets | 29/58 | €334,371 | €268,587 | -€65,784 | -19.7% |
| Amounts receivable after more than one year | 29 | €31,541 | - | -€31,541 | |
| Other amounts receivable | 291 | €31,541 | - | -€31,541 | |
| Amounts receivable within one year | 40/41 | €282,576 | €265,495 | -€17,081 | -6.0% |
| Trade receivables | 40 | €261,338 | €265,495 | +€4,157 | +1.6% |
| Other amounts receivable | 41 | €21,238 | - | -€21,238 | |
| Cash at bank and in hand | 54/58 | €20,255 | €3,093 | -€17,162 | -84.7% |
| Total equity and liabilities | 10/49 | €1,119,515 | €1,023,838 | -€95,677 | -8.5% |
| Equity | 10/15 | €281,855 | €226,002 | -€55,853 | -19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,360 | €99,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,500 | €62,500 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,295 | €120,442 | -€55,853 | -31.7% |
| Amounts payable | 17/49 | €837,660 | €797,836 | -€39,824 | -4.8% |
| Amounts payable after more than one year | 17 | €375,466 | €377,296 | +€1,830 | +0.5% |
| Financial debts | 170/4 | €375,466 | €377,296 | +€1,830 | +0.5% |
| Amounts payable within one year | 42/48 | €462,194 | €419,217 | -€42,977 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €137,205 | €136,627 | -€578 | -0.4% |
| Financial debts | 43 | €59,488 | €55,000 | -€4,488 | -7.5% |
| Credit institutions | 430/8 | €59,488 | €55,000 | -€4,488 | -7.5% |
| Trade debts | 44 | €257,878 | €206,146 | -€51,732 | -20.1% |
| Suppliers | 440/4 | €257,878 | €206,146 | -€51,732 | -20.1% |
| Taxes, remuneration and social security | 45 | €7,623 | €7,896 | +€273 | +3.6% |
| Taxes | 450/3 | - | €688 | +€688 | |
| Remuneration and social security | 454/9 | €7,623 | €7,208 | -€416 | -5.5% |
| Other amounts payable | 47/48 | - | €13,549 | +€13,549 | |
| Accrued charges and deferred income | 492/3 | - | €1,323 | +€1,323 | |
| Remuneration, social security and pensions | 62 | €72,145 | €75,576 | +€3,431 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,433 | €49,346 | +€4,913 | +11.1% |
| Other operating charges | 640/8 | €13,836 | €26,528 | +€12,692 | +91.7% |
| Gross operating margin | 9900 | €113,941 | €136,946 | +€23,004 | +20.2% |
| Operating profit (loss) | 9901 | -€16,472 | -€14,504 | +€1,968 | +11.9% |
| Financial income | 75/76B | €74 | €39 | -€35 | -47.5% |
| Recurring financial income | 75 | €74 | €39 | -€35 | -47.5% |
| Financial charges | 65/66B | €37,384 | €39,731 | +€2,347 | +6.3% |
| Recurring financial charges | 65 | €37,384 | €39,731 | +€2,347 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€53,782 | -€54,196 | -€415 | -0.8% |
| Income taxes | 67/77 | €0 | €1,657 | +€1,657 | +16,570,200% |
| Profit (loss) for the period | 9904 | -€53,782 | -€55,853 | -€2,072 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,782 | -€55,853 | -€2,072 | -3.9% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.