NEWADV: 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.
NEWADV
Largest movements
- Tangible fixed assets -€38,550
down €38,550 (-10.1%), from €381,032 to €342,482
of which Land and buildings: -€42,084
- Cash +€29,543
up €29,543 (+106.0%), from €27,862 to €57,406
mainly Debts after one year (+€35,245) and Trade debts (+€33,444)
- Stocks and contracts -€9,936
down €9,936 (-4.1%), from €240,671 to €230,735
- Receivables within one year +€8,610
up €8,610 (+145.4%), from €5,921 to €14,531
of which Trade receivables: +€8,606
- Profit (loss) carried forward -€99,699
down €99,699, from €67,213 to -€32,486
- Debts after one year +€35,245
up €35,245 (+9.7%), from €364,668 to €399,913
- Trade debts +€33,444
up €33,444 (+325.1%), from €10,287 to €43,731
- Other debts +€9,899
up €9,899 (+8.1%), from €122,151 to €132,051
- Gross operating margin -€88,844
down €88,844 (-54.0%), from €164,389 to €75,544
- Staff costs -€10,189
down €10,189 (-7.7%), from €132,609 to €122,420
- Depreciation +€6,076
up €6,076 (+35.0%), from €17,368 to €23,444
- Financial charges +€5,649
up €5,649 (+28.1%), from €20,089 to €25,738
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 | €668,183 | €653,938 | -€14,245 | -2.1% |
| Fixed assets | 21/28 | €390,551 | €348,942 | -€41,609 | -10.7% |
| Intangible fixed assets | 21 | €1,659 | €110 | -€1,549 | -93.3% |
| Tangible fixed assets | 22/27 | €381,032 | €342,482 | -€38,550 | -10.1% |
| Land and buildings | 22 | €352,460 | €310,377 | -€42,084 | -11.9% |
| Plant, machinery and equipment | 23 | €3,247 | €519 | -€2,728 | -84.0% |
| Other tangible fixed assets | 26 | €25,325 | €31,586 | +€6,261 | +24.7% |
| Financial fixed assets | 28 | €7,860 | €6,350 | -€1,510 | -19.2% |
| Current assets | 29/58 | €277,632 | €304,995 | +€27,364 | +9.9% |
| Stocks and contracts in progress | 3 | €240,671 | €230,735 | -€9,936 | -4.1% |
| Stocks | 30/36 | €240,671 | €230,735 | -€9,936 | -4.1% |
| Amounts receivable within one year | 40/41 | €5,921 | €14,531 | +€8,610 | +145.4% |
| Trade receivables | 40 | €3,531 | €12,137 | +€8,606 | +243.7% |
| Other amounts receivable | 41 | €2,390 | €2,394 | +€4 | +0.1% |
| Cash at bank and in hand | 54/58 | €27,862 | €57,406 | +€29,543 | +106.0% |
| Deferred charges and accrued income | 490/1 | €3,177 | €2,324 | -€853 | -26.9% |
| Total equity and liabilities | 10/49 | €668,183 | €653,938 | -€14,245 | -2.1% |
| Equity | 10/15 | €87,673 | -€12,026 | -€99,699 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,213 | -€32,486 | -€99,699 | |
| Amounts payable | 17/49 | €580,510 | €665,964 | +€85,453 | +14.7% |
| Amounts payable after more than one year | 17 | €364,668 | €399,913 | +€35,245 | +9.7% |
| Financial debts | 170/4 | €364,668 | €399,913 | +€35,245 | +9.7% |
| Amounts payable within one year | 42/48 | €215,343 | €264,611 | +€49,268 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €35,728 | €40,232 | +€4,504 | +12.6% |
| Trade debts | 44 | €10,287 | €43,731 | +€33,444 | +325.1% |
| Suppliers | 440/4 | €10,287 | €43,731 | +€33,444 | +325.1% |
| Taxes, remuneration and social security | 45 | €47,176 | €48,597 | +€1,420 | +3.0% |
| Taxes | 450/3 | €29,687 | €30,127 | +€440 | +1.5% |
| Remuneration and social security | 454/9 | €17,489 | €18,469 | +€980 | +5.6% |
| Other amounts payable | 47/48 | €122,151 | €132,051 | +€9,899 | +8.1% |
| Accrued charges and deferred income | 492/3 | €500 | €1,440 | +€940 | +188.0% |
| Remuneration, social security and pensions | 62 | €132,609 | €122,420 | -€10,189 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,368 | €23,444 | +€6,076 | +35.0% |
| Other operating charges | 640/8 | €5,091 | €4,554 | -€537 | -10.6% |
| Gross operating margin | 9900 | €164,389 | €75,544 | -€88,844 | -54.0% |
| Operating profit (loss) | 9901 | €9,320 | -€74,873 | -€84,194 | |
| Financial income | 75/76B | €12 | €912 | +€900 | +7376.8% |
| Recurring financial income | 75 | €12 | €912 | +€900 | +7376.8% |
| Financial charges | 65/66B | €20,089 | €25,738 | +€5,649 | +28.1% |
| Recurring financial charges | 65 | €20,089 | €25,738 | +€5,649 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,756 | -€99,699 | -€88,942 | -826.9% |
| Income taxes | 67/77 | €698 | - | -€698 | |
| Profit (loss) for the period | 9904 | -€11,454 | -€99,699 | -€88,245 | -770.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,454 | -€99,699 | -€88,245 | -770.4% |
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 7 October 2026 via checked.be.