NEW YORK: what changed
What changed
NEW YORK
NACE 46.442, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€55,978
2024 · -€57,366+€1,388
Equity
€675,925
2024 · €731,903-€55,978
Cash
€38,745
2024 · €78,065-€39,319
Balance sheet total
€1.2m
2024 · €1.3m-€98,734
Largest movements
Assets
- Tangible fixed assets -€53,030
down €53,030 (-6.5%), from €812,854 to €759,823
of which Furniture and vehicles: -€27,063
- Cash -€39,319
down €39,319 (-50.4%), from €78,065 to €38,745
mainly Net result for the year (-€55,978) and Debts after one year (-€36,195)
- Stocks and contracts -€17,377
down €17,377 (-5.3%), from €325,031 to €307,653
Equity and liabilities
- Reserves -€55,978
down €55,978 (-8.4%), from €669,903 to €613,925
of which Distributable reserves: -€41,595
- Debts after one year -€36,195
down €36,195 (-39.4%), from €91,761 to €55,566
- Current portion of long-term debt -€17,118
down €17,118 (-32.1%), from €53,314 to €36,195
- Other debts +€16,296
up €16,296 (+26.4%), from €61,760 to €78,056
Income statement
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€57,366
Gross operating margin
+€1,070
Staff costs
-€2,402
Depreciation
+€1,325
Other operating charges
-€293
Financial income
-€770
Financial charges
+€2,456
Taxes
+€3
Result 2025
-€55,978
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€14,957
Investment
€0
Financing
-€54,276
Cash 2024
€78,065
From operations (derived)
+€14,957
Net result for the year
-€55,978
Depreciation
+€53,030
Stocks and contracts
+€17,377
Receivables within one year
-€11,907
Deferred charges and accrued income
+€914
Provisions
-€4,794
Trade debts
+€5,555
Tax, wage and social debts
-€5,537
Other debts
+€16,296
Financing
-€54,276
Debts after one year
-€36,195
Current portion of long-term debt
-€17,118
Short-term financial debts
-€962
Cash 2025
€38,745
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,270,549 | €1,171,815 | -€98,734 | -7.8% |
| Fixed assets | 21/28 | €813,834 | €760,803 | -€53,030 | -6.5% |
| Tangible fixed assets | 22/27 | €812,854 | €759,823 | -€53,030 | -6.5% |
| Land and buildings | 22 | €739,285 | €715,499 | -€23,786 | -3.2% |
| Plant, machinery and equipment | 23 | €2,309 | €1,155 | -€1,155 | -50.0% |
| Furniture and vehicles | 24 | €65,444 | €38,381 | -€27,063 | -41.4% |
| Other tangible fixed assets | 26 | €5,816 | €4,789 | -€1,027 | -17.7% |
| Financial fixed assets | 28 | €980 | €980 | = | 0.0% |
| Current assets | 29/58 | €456,716 | €411,012 | -€45,703 | -10.0% |
| Stocks and contracts in progress | 3 | €325,031 | €307,653 | -€17,377 | -5.3% |
| Stocks | 30/36 | €325,031 | €307,653 | -€17,377 | -5.3% |
| Amounts receivable within one year | 40/41 | €45,714 | €57,622 | +€11,907 | +26.0% |
| Trade receivables | 40 | €43,696 | €57,600 | +€13,905 | +31.8% |
| Other amounts receivable | 41 | €2,018 | €21 | -€1,997 | -98.9% |
| Cash at bank and in hand | 54/58 | €78,065 | €38,745 | -€39,319 | -50.4% |
| Deferred charges and accrued income | 490/1 | €7,906 | €6,992 | -€914 | -11.6% |
| Total equity and liabilities | 10/49 | €1,270,549 | €1,171,815 | -€98,734 | -7.8% |
| Equity | 10/15 | €731,903 | €675,925 | -€55,978 | -7.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €669,903 | €613,925 | -€55,978 | -8.4% |
| Tax-exempt reserves | 132 | €357,408 | €343,025 | -€14,383 | -4.0% |
| Distributable reserves | 133 | €312,494 | €270,900 | -€41,595 | -13.3% |
| Provisions and deferred taxes | 16 | €102,279 | €97,485 | -€4,794 | -4.7% |
| Deferred taxes | 168 | €102,279 | €97,485 | -€4,794 | -4.7% |
| Amounts payable | 17/49 | €436,367 | €398,405 | -€37,962 | -8.7% |
| Amounts payable after more than one year | 17 | €91,761 | €55,566 | -€36,195 | -39.4% |
| Financial debts | 170/4 | €91,761 | €55,566 | -€36,195 | -39.4% |
| Amounts payable within one year | 42/48 | €344,606 | €342,839 | -€1,766 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €53,314 | €36,195 | -€17,118 | -32.1% |
| Financial debts | 43 | €32,777 | €31,815 | -€962 | -2.9% |
| Credit institutions | 430/8 | €32,777 | €31,815 | -€962 | -2.9% |
| Trade debts | 44 | €121,386 | €126,941 | +€5,555 | +4.6% |
| Suppliers | 440/4 | €121,386 | €126,941 | +€5,555 | +4.6% |
| Taxes, remuneration and social security | 45 | €75,369 | €69,832 | -€5,537 | -7.3% |
| Taxes | 450/3 | €19,875 | €19,189 | -€687 | -3.5% |
| Remuneration and social security | 454/9 | €55,493 | €50,643 | -€4,850 | -8.7% |
| Other amounts payable | 47/48 | €61,760 | €78,056 | +€16,296 | +26.4% |
| Non-recurring operating income | 76A | €0 | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €386,464 | €388,866 | +€2,402 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,355 | €53,030 | -€1,325 | -2.4% |
| Other operating charges | 640/8 | €17,895 | €18,189 | +€293 | +1.6% |
| Gross operating margin | 9900 | €408,228 | €409,298 | +€1,070 | +0.3% |
| Operating profit (loss) | 9901 | -€50,487 | -€50,787 | -€300 | -0.6% |
| Financial income | 75/76B | €1,137 | €366 | -€770 | -67.8% |
| Recurring financial income | 75 | €1,137 | €366 | -€770 | -67.8% |
| Financial charges | 65/66B | €12,328 | €9,872 | -€2,456 | -19.9% |
| Recurring financial charges | 65 | €12,328 | €9,872 | -€2,456 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€61,678 | -€60,293 | +€1,385 | +2.2% |
| Transfer from deferred taxes | 780 | €4,794 | €4,794 | = | 0.0% |
| Income taxes | 67/77 | €482 | €479 | -€3 | -0.6% |
| Profit (loss) for the period | 9904 | -€57,366 | -€55,978 | +€1,388 | +2.4% |
| Transfer from tax-exempt reserves | 789 | €14,383 | €14,383 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,983 | -€41,595 | +€1,388 | +3.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.