New Tendances: 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 Tendances
Largest movements
- Receivables within one year +€19,576
up €19,576 (+31.5%), from €62,104 to €81,681
of which Trade receivables: +€21,543
- Tangible fixed assets -€12,012
down €12,012 (-63.1%), from €19,027 to €7,014
of which Furniture and vehicles: -€10,712
- Cash -€5,107
down €5,107 (-21.8%), from €23,383 to €18,276
mainly Receivables within one year (-€19,576) and Other debts (-€5,944)
- Tax, wage and social debts +€16,652
up €16,652 (+3,397%), from €490 to €17,142
of which Taxes: +€15,938
- Other debts -€5,944
down €5,944 (-97.4%), from €6,105 to €161
- Debts after one year -€5,754
down €5,754 (-84.4%), from €6,814 to €1,060
of which Financial debts: -€5,754
- Current portion of long-term debt -€4,127
down €4,127 (-41.8%), from €9,881 to €5,754
- Profit (loss) carried forward +€2,381
up €2,381 (+3.6%), from €65,282 to €67,663
- Staff costs +€13,167
up €13,167 (+82,240%), from €16 to €13,183
- Gross operating margin +€10,632
up €10,632 (+48.2%), from €22,067 to €32,700
- Financial charges -€456
down €456 (-37.1%), from €1,227 to €772
- Depreciation -€451
down €451 (-3.6%), from €12,464 to €12,012
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 | €104,971 | €107,434 | +€2,463 | +2.3% |
| Fixed assets | 21/28 | €19,271 | €7,259 | -€12,012 | -62.3% |
| Tangible fixed assets | 22/27 | €19,027 | €7,014 | -€12,012 | -63.1% |
| Furniture and vehicles | 24 | €15,497 | €4,785 | -€10,712 | -69.1% |
| Leasing and similar rights | 25 | €3,530 | €2,230 | -€1,300 | -36.8% |
| Financial fixed assets | 28 | €244 | €244 | = | 0.0% |
| Current assets | 29/58 | €85,700 | €100,176 | +€14,475 | +16.9% |
| Amounts receivable within one year | 40/41 | €62,104 | €81,681 | +€19,576 | +31.5% |
| Trade receivables | 40 | €57,446 | €78,989 | +€21,543 | +37.5% |
| Other amounts receivable | 41 | €4,658 | €2,692 | -€1,966 | -42.2% |
| Cash at bank and in hand | 54/58 | €23,383 | €18,276 | -€5,107 | -21.8% |
| Deferred charges and accrued income | 490/1 | €213 | €219 | +€6 | +2.6% |
| Total equity and liabilities | 10/49 | €104,971 | €107,434 | +€2,463 | +2.3% |
| Equity | 10/15 | €71,482 | €73,863 | +€2,381 | +3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,282 | €67,663 | +€2,381 | +3.6% |
| Amounts payable | 17/49 | €33,490 | €33,571 | +€82 | +0.2% |
| Amounts payable after more than one year | 17 | €6,814 | €1,060 | -€5,754 | -84.4% |
| Financial debts | 170/4 | €6,814 | €1,060 | -€5,754 | -84.4% |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €26,676 | €32,511 | +€5,836 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €9,881 | €5,754 | -€4,127 | -41.8% |
| Financial debts | 43 | - | €843 | +€843 | |
| Credit institutions | 430/8 | - | €843 | +€843 | |
| Trade debts | 44 | €10,199 | €8,611 | -€1,589 | -15.6% |
| Suppliers | 440/4 | €10,199 | €8,611 | -€1,589 | -15.6% |
| Taxes, remuneration and social security | 45 | €490 | €17,142 | +€16,652 | +3,397% |
| Taxes | 450/3 | €490 | €16,428 | +€15,938 | +3,251% |
| Remuneration and social security | 454/9 | - | €714 | +€714 | |
| Other amounts payable | 47/48 | €6,105 | €161 | -€5,944 | -97.4% |
| Remuneration, social security and pensions | 62 | €16 | €13,183 | +€13,167 | +82,240% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,464 | €12,012 | -€451 | -3.6% |
| Other operating charges | 640/8 | €1,165 | €1,487 | +€321 | +27.6% |
| Gross operating margin | 9900 | €22,067 | €32,700 | +€10,632 | +48.2% |
| Operating profit (loss) | 9901 | €8,423 | €6,018 | -€2,404 | -28.5% |
| Financial income | 75/76B | €116 | €287 | +€171 | +147% |
| Recurring financial income | 75 | €116 | €287 | +€171 | +147% |
| Financial charges | 65/66B | €1,227 | €772 | -€456 | -37.1% |
| Recurring financial charges | 65 | €1,227 | €772 | -€456 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €7,312 | €5,534 | -€1,778 | -24.3% |
| Income taxes | 67/77 | €3,321 | €3,152 | -€168 | -5.1% |
| Profit (loss) for the period | 9904 | €3,991 | €2,381 | -€1,609 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,991 | €2,381 | -€1,609 | -40.3% |
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 19 October 2026 via checked.be.