NEW WORLD PROJECTS: 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 WORLD PROJECTS
Largest movements
- Receivables within one year +€52,056
up €52,056 (+22.1%), from €236,035 to €288,090
of which Other amounts receivable: +€74,985
- Tangible fixed assets -€44,436
down €44,436 (-91.5%), from €48,570 to €4,134
of which Furniture and vehicles: -€43,713
- Cash +€3,412
up €3,412 (+61.4%), from €5,556 to €8,968
mainly Net result for the year (+€45,364) and Investment in fixed assets (net) (+€38,843)
- Profit (loss) carried forward +€45,364
up €45,364 (+24.8%), from €182,747 to €228,111
- Trade debts -€25,225
down €25,225 (-94.5%), from €26,700 to €1,475
- Debts after one year -€12,783
down €12,783 (-85.6%), from €14,935 to €2,152
- Tax, wage and social debts +€12,618
up €12,618 (+118%), from €10,671 to €23,289
of which Taxes: +€12,146
- Other debts -€6,396
down €6,396 (-13.9%), from €46,026 to €39,630
- Gross operating margin +€27,202
up €27,202 (+53.3%), from €51,081 to €78,283
- Depreciation -€15,198
down €15,198 (-73.1%), from €20,791 to €5,593
- Other operating charges +€12,689
up €12,689 (+530%), from €2,395 to €15,083
- Taxes +€10,467
up €10,467 (+155%), from €6,734 to €17,201
- Financial income +€3,304
up €3,304 (+62.8%), from €5,257 to €8,561
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 | €318,411 | €329,127 | +€10,716 | +3.4% |
| Fixed assets | 21/28 | €48,570 | €4,134 | -€44,436 | -91.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €48,570 | €4,134 | -€44,436 | -91.5% |
| Plant, machinery and equipment | 23 | €2,173 | €1,450 | -€724 | -33.3% |
| Furniture and vehicles | 24 | €46,397 | €2,684 | -€43,713 | -94.2% |
| Current assets | 29/58 | €269,841 | €324,993 | +€55,152 | +20.4% |
| Stocks and contracts in progress | 3 | €25,881 | €26,895 | +€1,015 | +3.9% |
| Stocks | 30/36 | €25,881 | €26,895 | +€1,015 | +3.9% |
| Amounts receivable within one year | 40/41 | €236,035 | €288,090 | +€52,056 | +22.1% |
| Trade receivables | 40 | €117,068 | €94,140 | -€22,929 | -19.6% |
| Other amounts receivable | 41 | €118,966 | €193,951 | +€74,985 | +63.0% |
| Cash at bank and in hand | 54/58 | €5,556 | €8,968 | +€3,412 | +61.4% |
| Deferred charges and accrued income | 490/1 | €2,370 | €1,039 | -€1,331 | -56.2% |
| Total equity and liabilities | 10/49 | €318,411 | €329,127 | +€10,716 | +3.4% |
| Equity | 10/15 | €203,207 | €248,571 | +€45,364 | +22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,747 | €228,111 | +€45,364 | +24.8% |
| Amounts payable | 17/49 | €115,204 | €80,555 | -€34,648 | -30.1% |
| Amounts payable after more than one year | 17 | €14,935 | €2,152 | -€12,783 | -85.6% |
| Financial debts | 170/4 | €14,935 | €2,152 | -€12,783 | -85.6% |
| Amounts payable within one year | 42/48 | €100,269 | €78,232 | -€22,037 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €16,872 | €13,838 | -€3,033 | -18.0% |
| Trade debts | 44 | €26,700 | €1,475 | -€25,225 | -94.5% |
| Suppliers | 440/4 | €26,700 | €1,475 | -€25,225 | -94.5% |
| Taxes, remuneration and social security | 45 | €10,671 | €23,289 | +€12,618 | +118% |
| Taxes | 450/3 | €6,734 | €18,880 | +€12,146 | +180% |
| Remuneration and social security | 454/9 | €3,938 | €4,409 | +€472 | +12.0% |
| Other amounts payable | 47/48 | €46,026 | €39,630 | -€6,396 | -13.9% |
| Accrued charges and deferred income | 492/3 | - | €172 | +€172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,791 | €5,593 | -€15,198 | -73.1% |
| Other operating charges | 640/8 | €2,395 | €15,083 | +€12,689 | +530% |
| Gross operating margin | 9900 | €51,081 | €78,283 | +€27,202 | +53.3% |
| Operating profit (loss) | 9901 | €27,895 | €57,607 | +€29,712 | +107% |
| Financial income | 75/76B | €5,257 | €8,561 | +€3,304 | +62.8% |
| Recurring financial income | 75 | €5,257 | €8,561 | +€3,304 | +62.8% |
| Financial charges | 65/66B | €3,386 | €3,602 | +€216 | +6.4% |
| Recurring financial charges | 65 | €3,386 | €3,602 | +€216 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €29,766 | €62,565 | +€32,799 | +110% |
| Income taxes | 67/77 | €6,734 | €17,201 | +€10,467 | +155% |
| Profit (loss) for the period | 9904 | €23,033 | €45,364 | +€22,331 | +97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,033 | €45,364 | +€22,331 | +97.0% |
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.