NEW TECK: what changed
Two fiscal 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 TECK
Largest movements
- Stocks and contracts -€94,712
down €94,712 (-21.6%), from €439,359 to €344,647
- Tangible fixed assets -€13,898
down €13,898 (-12.1%), from €114,972 to €101,074
of which Furniture and vehicles: -€11,531
- Receivables within one year +€10,110
up €10,110 (+22.1%), from €45,714 to €55,824
of which Trade receivables: +€16,671
- Cash -€9,726
down €9,726 (-87.7%), from €11,095 to €1,368
mainly Net result for the year (-€219,235) and Debts after one year (-€30,382)
- Profit (loss) carried forward -€219,235
down €219,235 (-184.7%), from -€118,684 to -€337,919
- Trade debts +€104,388
up €104,388 (+42.0%), from €248,494 to €352,882
- Tax, wage and social debts +€35,874
up €35,874 (+44.4%), from €80,812 to €116,685
of which Remuneration and social security: +€23,662
- Debts after one year -€30,382
down €30,382 (-31.7%), from €95,740 to €65,358
- Gross operating margin -€88,848
down €88,848 (-51.1%), from €173,726 to €84,878
- Write-downs +€87,872
new in 2025: €87,872
- Staff costs -€81,995
down €81,995 (-37.2%), from €220,359 to €138,364
- Other operating charges +€8,735
up €8,735 (+120.2%), from €7,265 to €16,000
- Financial charges +€5,962
up €5,962 (+23.7%), from €25,109 to €31,071
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.
Cash bridge derived
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 | €617,678 | €507,426 | -€110,252 | -17.8% |
| Fixed assets | 21/28 | €121,281 | €103,694 | -€17,586 | -14.5% |
| Intangible fixed assets | 21 | €689 | - | -€689 | |
| Tangible fixed assets | 22/27 | €114,972 | €101,074 | -€13,898 | -12.1% |
| Land and buildings | 22 | €92,500 | €92,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,367 | - | -€2,367 | |
| Furniture and vehicles | 24 | €20,105 | €8,574 | -€11,531 | -57.4% |
| Financial fixed assets | 28 | €5,620 | €2,620 | -€3,000 | -53.4% |
| Current assets | 29/58 | €496,397 | €403,731 | -€92,666 | -18.7% |
| Stocks and contracts in progress | 3 | €439,359 | €344,647 | -€94,712 | -21.6% |
| Stocks | 30/36 | €439,359 | €344,647 | -€94,712 | -21.6% |
| Amounts receivable within one year | 40/41 | €45,714 | €55,824 | +€10,110 | +22.1% |
| Trade receivables | 40 | €31,417 | €48,088 | +€16,671 | +53.1% |
| Other amounts receivable | 41 | €14,297 | €7,736 | -€6,561 | -45.9% |
| Cash at bank and in hand | 54/58 | €11,095 | €1,368 | -€9,726 | -87.7% |
| Deferred charges and accrued income | 490/1 | €230 | €1,892 | +€1,662 | +723.8% |
| Total equity and liabilities | 10/49 | €617,678 | €507,426 | -€110,252 | -17.8% |
| Equity | 10/15 | €53,947 | -€165,288 | -€219,236 | |
| Contributions | 10/11 | €18,592 | €21,691 | +€3,099 | +16.7% |
| Reserves | 13 | €154,039 | €150,941 | -€3,099 | -2.0% |
| Non-distributable reserves | 130/1 | €3,099 | - | -€3,099 | |
| Reserves not available under the articles | 1311 | €3,099 | - | -€3,099 | |
| Distributable reserves | 133 | €150,941 | €150,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,684 | -€337,919 | -€219,235 | -184.7% |
| Amounts payable | 17/49 | €563,731 | €672,714 | +€108,983 | +19.3% |
| Amounts payable after more than one year | 17 | €95,740 | €65,358 | -€30,382 | -31.7% |
| Financial debts | 170/4 | €95,740 | €65,358 | -€30,382 | -31.7% |
| Amounts payable within one year | 42/48 | €467,991 | €607,356 | +€139,365 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €30,782 | €32,073 | +€1,291 | +4.2% |
| Financial debts | 43 | €107,903 | €105,616 | -€2,286 | -2.1% |
| Credit institutions | 430/8 | €97,903 | €96,366 | -€1,536 | -1.6% |
| Other loans | 439 | €10,000 | €9,250 | -€750 | -7.5% |
| Trade debts | 44 | €248,494 | €352,882 | +€104,388 | +42.0% |
| Suppliers | 440/4 | €248,494 | €352,882 | +€104,388 | +42.0% |
| Taxes, remuneration and social security | 45 | €80,812 | €116,685 | +€35,874 | +44.4% |
| Taxes | 450/3 | €60,210 | €72,422 | +€12,212 | +20.3% |
| Remuneration and social security | 454/9 | €20,602 | €44,264 | +€23,662 | +114.9% |
| Other amounts payable | 47/48 | - | €99 | +€99 | |
| Remuneration, social security and pensions | 62 | €220,359 | €138,364 | -€81,995 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,347 | €16,859 | -€487 | -2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €87,872 | +€87,872 | |
| Other operating charges | 640/8 | €7,265 | €16,000 | +€8,735 | +120.2% |
| Non-recurring operating charges | 66A | €10,673 | €13,589 | +€2,916 | +27.3% |
| Gross operating margin | 9900 | €173,726 | €84,878 | -€88,848 | -51.1% |
| Operating profit (loss) | 9901 | -€81,918 | -€187,806 | -€105,888 | -129.3% |
| Financial income | 75/76B | €318 | €62 | -€257 | -80.6% |
| Recurring financial income | 75 | €318 | €62 | -€257 | -80.6% |
| Financial charges | 65/66B | €25,109 | €31,071 | +€5,962 | +23.7% |
| Recurring financial charges | 65 | €25,109 | €31,071 | +€5,962 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | -€106,708 | -€218,815 | -€112,107 | -105.1% |
| Income taxes | 67/77 | €625 | €420 | -€205 | -32.8% |
| Profit (loss) for the period | 9904 | -€107,334 | -€219,235 | -€111,902 | -104.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,334 | -€219,235 | -€111,902 | -104.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.