NEW TECH BENELUX: 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 TECH BENELUX
Largest movements
- Tangible fixed assets +€558,406
up €558,406 (+146%), from €381,690 to €940,096
of which Plant, machinery and equipment: +€403,822
- Receivables within one year -€484,060
down €484,060 (-38.1%), from €1.3m to €787,325
of which Trade receivables: -€457,199
- Stocks and contracts +€465,476
up €465,476 (+332%), from €140,000 to €605,476
- Cash +€94,811
up €94,811 (+146%), from €65,155 to €159,966
mainly Receivables within one year (+€484,060) and Short-term financial debts (+€287,395)
- Short-term financial debts +€287,395
up €287,395 (+35,766%), from €804 to €288,199
- Debts after one year +€135,692
new in 2025: €135,692
- Trade debts +€122,640
up €122,640 (+11.6%), from €1.1m to €1.2m
- Tax, wage and social debts +€30,792
up €30,792 (+44.5%), from €69,267 to €100,060
of which Taxes: +€19,202
- Reserves +€25,130
up €25,130 (+4.0%), from €622,639 to €647,769
of which Distributable reserves: +€25,130
- Gross operating margin +€116,957
up €116,957 (+148%), from €79,116 to €196,073
- Staff costs +€57,408
new in 2025: €57,408
- Depreciation +€19,709
up €19,709 (+31.1%), from €63,397 to €83,106
- Financial charges +€15,868
up €15,868 (+1,186%), from €1,338 to €17,206
- Write-downs -€11,000
down €11,000 (-100%), from €11,000 to €0
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 | €1,878,084 | €2,509,779 | +€631,696 | +33.6% |
| Fixed assets | 21/28 | €389,389 | €947,795 | +€558,406 | +143% |
| Tangible fixed assets | 22/27 | €381,690 | €940,096 | +€558,406 | +146% |
| Plant, machinery and equipment | 23 | €381,690 | €785,511 | +€403,822 | +106% |
| Furniture and vehicles | 24 | - | €11,692 | +€11,692 | |
| Other tangible fixed assets | 26 | - | €142,893 | +€142,893 | |
| Financial fixed assets | 28 | €7,699 | €7,699 | = | 0.0% |
| Current assets | 29/58 | €1,488,695 | €1,561,984 | +€73,289 | +4.9% |
| Stocks and contracts in progress | 3 | €140,000 | €605,476 | +€465,476 | +332% |
| Stocks | 30/36 | €140,000 | €605,476 | +€465,476 | +332% |
| Amounts receivable within one year | 40/41 | €1,271,385 | €787,325 | -€484,060 | -38.1% |
| Trade receivables | 40 | €1,149,239 | €692,040 | -€457,199 | -39.8% |
| Other amounts receivable | 41 | €122,147 | €95,285 | -€26,862 | -22.0% |
| Cash at bank and in hand | 54/58 | €65,155 | €159,966 | +€94,811 | +146% |
| Deferred charges and accrued income | 490/1 | €12,155 | €9,218 | -€2,937 | -24.2% |
| Total equity and liabilities | 10/49 | €1,878,084 | €2,509,779 | +€631,696 | +33.6% |
| Equity | 10/15 | €641,239 | €666,369 | +€25,130 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €622,639 | €647,769 | +€25,130 | +4.0% |
| Tax-exempt reserves | 132 | €75,780 | €75,780 | = | 0.0% |
| Distributable reserves | 133 | €546,859 | €571,989 | +€25,130 | +4.6% |
| Amounts payable | 17/49 | €1,236,845 | €1,843,410 | +€606,566 | +49.0% |
| Amounts payable after more than one year | 17 | - | €135,692 | +€135,692 | |
| Financial debts | 170/4 | - | €135,692 | +€135,692 | |
| Amounts payable within one year | 42/48 | €1,124,276 | €1,590,002 | +€465,726 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | - | €24,368 | +€24,368 | |
| Financial debts | 43 | €804 | €288,199 | +€287,395 | +35,766% |
| Credit institutions | 430/8 | €804 | €288,199 | +€287,395 | +35,766% |
| Trade debts | 44 | €1,053,814 | €1,176,454 | +€122,640 | +11.6% |
| Suppliers | 440/4 | €1,053,814 | €1,176,454 | +€122,640 | +11.6% |
| Taxes, remuneration and social security | 45 | €69,267 | €100,060 | +€30,792 | +44.5% |
| Taxes | 450/3 | €69,267 | €88,469 | +€19,202 | +27.7% |
| Remuneration and social security | 454/9 | - | €11,590 | +€11,590 | |
| Other amounts payable | 47/48 | €391 | €922 | +€531 | +136% |
| Accrued charges and deferred income | 492/3 | €112,569 | €117,716 | +€5,148 | +4.6% |
| Remuneration, social security and pensions | 62 | - | €57,408 | +€57,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,397 | €83,106 | +€19,709 | +31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,000 | €0 | -€11,000 | -100% |
| Other operating charges | 640/8 | €6,365 | €8,132 | +€1,767 | +27.8% |
| Gross operating margin | 9900 | €79,116 | €196,073 | +€116,957 | +148% |
| Operating profit (loss) | 9901 | -€1,646 | €47,428 | +€49,074 | |
| Financial income | 75/76B | €2,774 | €4,587 | +€1,813 | +65.3% |
| Recurring financial income | 75 | €2,774 | €4,587 | +€1,813 | +65.3% |
| Financial charges | 65/66B | €1,338 | €17,206 | +€15,868 | +1,186% |
| Recurring financial charges | 65 | €1,338 | €17,206 | +€15,868 | +1,186% |
| Profit (loss) for the period before taxes | 9903 | -€210 | €34,809 | +€35,019 | |
| Income taxes | 67/77 | €2,450 | €9,679 | +€7,229 | +295% |
| Profit (loss) for the period | 9904 | -€2,660 | €25,130 | +€27,790 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,660 | €25,130 | +€27,790 |
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 25 October 2026 via checked.be.