NEW SWEETHOME: 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 SWEETHOME
Largest movements
- Tangible fixed assets -€104,337
down €104,337 (-8.9%), from €1.2m to €1.1m
- Cash -€37,677
down €37,677 (-62.0%), from €60,760 to €23,083
mainly Other debts (-€82,351) and Debts after one year (-€56,935)
- Other debts -€82,351
down €82,351 (-13.1%), from €626,451 to €544,101
- Debts after one year -€56,935
down €56,935 (-11.1%), from €512,608 to €455,673
- Profit (loss) carried forward +€14,047
up €14,047 (+31.6%), from -€44,407 to -€30,359
- Financial income -€28,700
no longer reported in 2025 (was €28,700)
of which Financial income: -€28,700
- Depreciation -€11,477
down €11,477 (-9.9%), from €115,814 to €104,337
- Gross operating margin -€2,860
down €2,860 (-2.5%), from €115,011 to €112,151
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 | €1,303,739 | €1,161,725 | -€142,014 | -10.9% |
| Fixed assets | 21/28 | €1,171,979 | €1,067,642 | -€104,337 | -8.9% |
| Tangible fixed assets | 22/27 | €1,171,979 | €1,067,642 | -€104,337 | -8.9% |
| Land and buildings | 22 | €1,171,979 | €1,067,642 | -€104,337 | -8.9% |
| Current assets | 29/58 | €131,760 | €94,083 | -€37,677 | -28.6% |
| Amounts receivable within one year | 40/41 | €71,000 | €71,000 | = | 0.0% |
| Other amounts receivable | 41 | €71,000 | €71,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,760 | €23,083 | -€37,677 | -62.0% |
| Total equity and liabilities | 10/49 | €1,303,739 | €1,161,725 | -€142,014 | -10.9% |
| Equity | 10/15 | €86,915 | €88,215 | +€1,300 | +1.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €69,348 | €56,601 | -€12,747 | -18.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,151 | €50,404 | -€12,747 | -20.2% |
| Profit (loss) carried forward | 14 | -€44,407 | -€30,359 | +€14,047 | +31.6% |
| Provisions and deferred taxes | 16 | €21,050 | €16,801 | -€4,249 | -20.2% |
| Deferred taxes | 168 | €21,050 | €16,801 | -€4,249 | -20.2% |
| Amounts payable | 17/49 | €1,195,774 | €1,056,709 | -€139,065 | -11.6% |
| Amounts payable after more than one year | 17 | €512,608 | €455,673 | -€56,935 | -11.1% |
| Financial debts | 170/4 | €512,608 | €455,673 | -€56,935 | -11.1% |
| Amounts payable within one year | 42/48 | €683,166 | €601,036 | -€82,130 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €56,714 | €56,935 | +€221 | +0.4% |
| Other amounts payable | 47/48 | €626,451 | €544,101 | -€82,351 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,814 | €104,337 | -€11,477 | -9.9% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €115,011 | €112,151 | -€2,860 | -2.5% |
| Operating profit (loss) | 9901 | -€1,771 | €6,816 | +€8,587 | |
| Financial income | 75/76B | €28,700 | - | -€28,700 | |
| Recurring financial income | 75 | €28,700 | - | -€28,700 | |
| Non-recurring financial income | 76B | €28,700 | - | -€28,700 | |
| Financial charges | 65/66B | €10,018 | €9,765 | -€254 | -2.5% |
| Recurring financial charges | 65 | €10,018 | €9,765 | -€254 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €16,911 | -€2,949 | -€19,860 | |
| Transfer from deferred taxes | 780 | €4,249 | €4,249 | = | 0.0% |
| Profit (loss) for the period | 9904 | €21,160 | €1,300 | -€19,860 | -93.9% |
| Transfer from tax-exempt reserves | 789 | €12,747 | €12,747 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,907 | €14,047 | -€19,860 | -58.6% |
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.