NEW SIDE & CO: 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 SIDE & CO
Largest movements
- Tangible fixed assets +€54,343
up €54,343 (+185%), from €29,352 to €83,695
of which Furniture and vehicles: +€55,113
- Receivables after one year +€48,247
up €48,247 (+13.1%), from €369,017 to €417,264
- Deferred charges and accrued income +€6,578
up €6,578 (+86.1%), from €7,644 to €14,222
- Debts after one year +€48,028
up €48,028 (+166%), from €28,979 to €77,007
of which Financial debts: +€42,526
- Profit (loss) carried forward +€34,745
up €34,745 (+15.8%), from €220,499 to €255,244
- Trade debts +€16,118
up €16,118 (+799%), from €2,017 to €18,135
- Accrued charges and deferred income -€8,000
no longer reported in 2024 (was €8,000)
- Current portion of long-term debt +€7,862
new in 2024: €7,862
- Gross operating margin -€23,018
down €23,018 (-15.8%), from €145,257 to €122,239
- Depreciation +€8,763
up €8,763 (+621%), from €1,411 to €10,174
- Taxes -€8,327
down €8,327 (-24.5%), from €33,981 to €25,654
- Financial income +€7,239
up €7,239 (+121%), from €5,979 to €13,218
- Staff costs +€4,990
up €4,990 (+10.0%), from €49,788 to €54,778
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,507 | €523,249 | +€110,742 | +26.8% |
| Fixed assets | 21/28 | €29,402 | €83,745 | +€54,343 | +185% |
| Tangible fixed assets | 22/27 | €29,352 | €83,695 | +€54,343 | +185% |
| Land and buildings | 22 | €28,014 | €27,244 | -€770 | -2.7% |
| Furniture and vehicles | 24 | €1,338 | €56,451 | +€55,113 | +4,119% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €383,105 | €439,504 | +€56,399 | +14.7% |
| Amounts receivable after more than one year | 29 | €369,017 | €417,264 | +€48,247 | +13.1% |
| Trade receivables | 290 | €369,017 | €417,264 | +€48,247 | +13.1% |
| Amounts receivable within one year | 40/41 | €6,444 | €7,844 | +€1,400 | +21.7% |
| Trade receivables | 40 | €791 | €791 | = | 0.0% |
| Other amounts receivable | 41 | €5,653 | €7,053 | +€1,400 | +24.8% |
| Cash at bank and in hand | 54/58 | - | €174 | +€174 | |
| Deferred charges and accrued income | 490/1 | €7,644 | €14,222 | +€6,578 | +86.1% |
| Total equity and liabilities | 10/49 | €412,507 | €523,249 | +€110,742 | +26.8% |
| Equity | 10/15 | €239,500 | €274,245 | +€34,745 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €401 | €401 | = | 0.0% |
| Non-distributable reserves | 130/1 | €401 | €401 | = | 0.0% |
| Other | 1319 | €401 | €401 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,499 | €255,244 | +€34,745 | +15.8% |
| Amounts payable | 17/49 | €173,007 | €249,004 | +€75,997 | +43.9% |
| Amounts payable after more than one year | 17 | €28,979 | €77,007 | +€48,028 | +166% |
| Financial debts | 170/4 | - | €42,526 | +€42,526 | |
| Other amounts payable | 178/9 | €28,979 | €34,481 | +€5,502 | +19.0% |
| Amounts payable within one year | 42/48 | €136,028 | €171,997 | +€35,969 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | - | €7,862 | +€7,862 | |
| Financial debts | 43 | €14,047 | €21,423 | +€7,376 | +52.5% |
| Credit institutions | 430/8 | €14,047 | €21,423 | +€7,376 | +52.5% |
| Trade debts | 44 | €2,017 | €18,135 | +€16,118 | +799% |
| Suppliers | 440/4 | €2,017 | €18,135 | +€16,118 | +799% |
| Taxes, remuneration and social security | 45 | €119,964 | €124,577 | +€4,613 | +3.8% |
| Taxes | 450/3 | €75,940 | €70,822 | -€5,118 | -6.7% |
| Remuneration and social security | 454/9 | €44,024 | €53,755 | +€9,731 | +22.1% |
| Accrued charges and deferred income | 492/3 | €8,000 | - | -€8,000 | |
| Remuneration, social security and pensions | 62 | €49,788 | €54,778 | +€4,990 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,411 | €10,174 | +€8,763 | +621% |
| Other operating charges | 640/8 | €2,006 | €6,276 | +€4,270 | +213% |
| Gross operating margin | 9900 | €145,257 | €122,239 | -€23,018 | -15.8% |
| Operating profit (loss) | 9901 | €92,052 | €51,011 | -€41,041 | -44.6% |
| Financial income | 75/76B | €5,979 | €13,218 | +€7,239 | +121% |
| Recurring financial income | 75 | €5,979 | €13,218 | +€7,239 | +121% |
| Financial charges | 65/66B | €1,573 | €3,830 | +€2,257 | +143% |
| Recurring financial charges | 65 | €1,573 | €3,830 | +€2,257 | +143% |
| Profit (loss) for the period before taxes | 9903 | €96,458 | €60,399 | -€36,059 | -37.4% |
| Income taxes | 67/77 | €33,981 | €25,654 | -€8,327 | -24.5% |
| Profit (loss) for the period | 9904 | €62,477 | €34,745 | -€27,732 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,477 | €34,745 | -€27,732 | -44.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.