NEW ROOTS: 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 ROOTS
Largest movements
- Receivables within one year -€13,566
down €13,566 (-56.3%), from €24,087 to €10,521
of which Trade receivables: -€13,611
- Cash -€3,285
down €3,285 (-9.0%), from €36,675 to €33,390
mainly Other debts (-€31,168) and Trade debts (-€4,147)
- Current investments +€3,086
up €3,086 (+35.7%), from €8,640 to €11,726
- Other debts -€31,168
no longer reported in 2025 (was €31,168)
- Profit (loss) carried forward +€20,585
new in 2025: €20,585
- Trade debts -€4,147
down €4,147 (-82.9%), from €5,004 to €857
- Tax, wage and social debts +€2,488
up €2,488 (+19.7%), from €12,625 to €15,113
- Accrued charges and deferred income -€1,803
no longer reported in 2025 (was €1,803)
- Gross operating margin -€4,813
down €4,813 (-16.3%), from €29,553 to €24,740
- Financial income +€2,622
up €2,622 (+2,446%), from €107 to €2,729
- Financial charges -€1,706
no longer reported in 2025 (was €1,706)
- Depreciation -€926
down €926 (-69.7%), from €1,329 to €403
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 | €71,060 | €57,015 | -€14,045 | -19.8% |
| Fixed assets | 21/28 | €1,658 | €1,255 | -€403 | -24.3% |
| Tangible fixed assets | 22/27 | €706 | €303 | -€403 | -57.1% |
| Furniture and vehicles | 24 | €706 | €303 | -€403 | -57.1% |
| Financial fixed assets | 28 | €953 | €953 | = | 0.0% |
| Current assets | 29/58 | €69,401 | €55,760 | -€13,642 | -19.7% |
| Amounts receivable within one year | 40/41 | €24,087 | €10,521 | -€13,566 | -56.3% |
| Trade receivables | 40 | €24,087 | €10,476 | -€13,611 | -56.5% |
| Other amounts receivable | 41 | - | €45 | +€45 | |
| Current investments | 50/53 | €8,640 | €11,726 | +€3,086 | +35.7% |
| Cash at bank and in hand | 54/58 | €36,675 | €33,390 | -€3,285 | -9.0% |
| Deferred charges and accrued income | 490/1 | - | €123 | +€123 | |
| Total equity and liabilities | 10/49 | €71,060 | €57,015 | -€14,045 | -19.8% |
| Equity | 10/15 | €20,460 | €41,045 | +€20,585 | +101% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €20,585 | +€20,585 | |
| Amounts payable | 17/49 | €50,600 | €15,970 | -€34,630 | -68.4% |
| Amounts payable within one year | 42/48 | €48,796 | €15,970 | -€32,826 | -67.3% |
| Trade debts | 44 | €5,004 | €857 | -€4,147 | -82.9% |
| Suppliers | 440/4 | €5,004 | €857 | -€4,147 | -82.9% |
| Taxes, remuneration and social security | 45 | €12,625 | €15,113 | +€2,488 | +19.7% |
| Taxes | 450/3 | €12,625 | €15,113 | +€2,488 | +19.7% |
| Other amounts payable | 47/48 | €31,168 | - | -€31,168 | |
| Accrued charges and deferred income | 492/3 | €1,803 | - | -€1,803 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,329 | €403 | -€926 | -69.7% |
| Other operating charges | 640/8 | €66 | €63 | -€3 | -4.1% |
| Gross operating margin | 9900 | €29,553 | €24,740 | -€4,813 | -16.3% |
| Operating profit (loss) | 9901 | €28,157 | €24,273 | -€3,884 | -13.8% |
| Financial income | 75/76B | €107 | €2,729 | +€2,622 | +2,446% |
| Recurring financial income | 75 | €107 | €2,729 | +€2,622 | +2,446% |
| Financial charges | 65/66B | €1,706 | - | -€1,706 | |
| Recurring financial charges | 65 | €1,706 | - | -€1,706 | |
| Profit (loss) for the period before taxes | 9903 | €26,559 | €27,002 | +€443 | +1.7% |
| Income taxes | 67/77 | €6,429 | €6,417 | -€12 | -0.2% |
| Profit (loss) for the period | 9904 | €20,129 | €20,585 | +€455 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,129 | €20,585 | +€455 | +2.3% |
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 13 October 2026 via checked.be.