NEW WORLDS: 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 WORLDS
Largest movements
- Cash +€166,433
up €166,433 (+85.2%), from €195,413 to €361,846
mainly Net result for the year (+€122,348) and Depreciation (+€119,766)
- Tangible fixed assets -€111,984
down €111,984 (-7.1%), from €1.6m to €1.5m
of which Land and buildings: -€59,138
- Current investments -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Debts after one year -€102,058
down €102,058 (-8.7%), from €1.2m to €1.1m
of which Financial debts: -€102,058
- Reserves +€90,909
up €90,909 (+50.0%), from €181,818 to €272,727
- Trade debts +€59,872
up €59,872 (+85.6%), from €69,965 to €129,837
- Other debts -€49,307
down €49,307 (-55.9%), from €88,193 to €38,886
- Tax, wage and social debts -€34,760
down €34,760 (-38.4%), from €90,530 to €55,770
of which Taxes: -€31,474
- Taxes -€19,583
down €19,583 (-35.1%), from €55,725 to €36,142
- Gross operating margin +€16,048
up €16,048 (+2.5%), from €652,536 to €668,584
- Staff costs +€12,830
up €12,830 (+4.3%), from €296,725 to €309,555
- Financial income +€9,324
up €9,324 (+93,235,700%), from €0 to €9,324
- Depreciation +€7,796
up €7,796 (+7.0%), from €111,970 to €119,766
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 | €2,045,026 | €2,048,662 | +€3,635 | +0.2% |
| Fixed assets | 21/28 | €1,571,793 | €1,459,808 | -€111,984 | -7.1% |
| Tangible fixed assets | 22/27 | €1,571,793 | €1,459,808 | -€111,984 | -7.1% |
| Land and buildings | 22 | €1,288,597 | €1,229,459 | -€59,138 | -4.6% |
| Plant, machinery and equipment | 23 | €126,833 | €111,200 | -€15,634 | -12.3% |
| Furniture and vehicles | 24 | €156,363 | €119,150 | -€37,213 | -23.8% |
| Current assets | 29/58 | €473,234 | €588,853 | +€115,619 | +24.4% |
| Stocks and contracts in progress | 3 | €600 | €6,501 | +€5,901 | +983% |
| Stocks | 30/36 | €600 | €6,501 | +€5,901 | +983% |
| Amounts receivable within one year | 40/41 | €21,414 | €13,347 | -€8,068 | -37.7% |
| Trade receivables | 40 | €8,988 | €3,912 | -€5,076 | -56.5% |
| Other amounts receivable | 41 | €12,426 | €9,435 | -€2,991 | -24.1% |
| Current investments | 50/53 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €195,413 | €361,846 | +€166,433 | +85.2% |
| Deferred charges and accrued income | 490/1 | €5,806 | €7,160 | +€1,353 | +23.3% |
| Total equity and liabilities | 10/49 | €2,045,026 | €2,048,662 | +€3,635 | +0.2% |
| Equity | 10/15 | €525,988 | €648,336 | +€122,348 | +23.3% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €181,818 | €272,727 | +€90,909 | +50.0% |
| Distributable reserves | 133 | €181,818 | €272,727 | +€90,909 | +50.0% |
| Profit (loss) carried forward | 14 | €169,169 | €200,609 | +€31,439 | +18.6% |
| Amounts payable | 17/49 | €1,519,039 | €1,400,326 | -€118,713 | -7.8% |
| Amounts payable after more than one year | 17 | €1,179,810 | €1,077,752 | -€102,058 | -8.7% |
| Financial debts | 170/4 | €1,174,810 | €1,072,752 | -€102,058 | -8.7% |
| Trade debts | 175 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €339,229 | €322,574 | -€16,655 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €90,195 | €98,080 | +€7,885 | +8.7% |
| Trade debts | 44 | €69,965 | €129,837 | +€59,872 | +85.6% |
| Suppliers | 440/4 | €69,965 | €129,837 | +€59,872 | +85.6% |
| Advances received on contracts in progress | 46 | €346 | - | -€346 | |
| Taxes, remuneration and social security | 45 | €90,530 | €55,770 | -€34,760 | -38.4% |
| Taxes | 450/3 | €44,558 | €13,084 | -€31,474 | -70.6% |
| Remuneration and social security | 454/9 | €45,972 | €42,686 | -€3,286 | -7.1% |
| Other amounts payable | 47/48 | €88,193 | €38,886 | -€49,307 | -55.9% |
| Remuneration, social security and pensions | 62 | €296,725 | €309,555 | +€12,830 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,970 | €119,766 | +€7,796 | +7.0% |
| Other operating charges | 640/8 | €19,346 | €12,794 | -€6,552 | -33.9% |
| Non-recurring operating charges | 66A | €20,703 | €23,469 | +€2,766 | +13.4% |
| Gross operating margin | 9900 | €652,536 | €668,584 | +€16,048 | +2.5% |
| Operating profit (loss) | 9901 | €203,792 | €203,001 | -€791 | -0.4% |
| Financial income | 75/76B | €0 | €9,324 | +€9,324 | +93,235,700% |
| Recurring financial income | 75 | €0 | €9,324 | +€9,324 | +93,235,700% |
| Financial charges | 65/66B | €55,207 | €53,834 | -€1,372 | -2.5% |
| Recurring financial charges | 65 | €55,207 | €53,834 | -€1,372 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €148,585 | €158,490 | +€9,905 | +6.7% |
| Income taxes | 67/77 | €55,725 | €36,142 | -€19,583 | -35.1% |
| Profit (loss) for the period | 9904 | €92,860 | €122,348 | +€29,488 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,860 | €122,348 | +€29,488 | +31.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.