NEWBORN DINO: 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.
NEWBORN DINO
Largest movements
- Receivables within one year -€23,930
down €23,930 (-31.7%), from €75,467 to €51,538
of which Trade receivables: -€49,400
- Tangible fixed assets -€20,926
down €20,926 (-36.9%), from €56,755 to €35,830
of which Furniture and vehicles: -€48,716
- Cash -€12,755
down €12,755 (-51.5%), from €24,786 to €12,031
mainly Other debts (-€29,105) and Trade debts (-€21,080)
- Intangible fixed assets -€2,392
down €2,392 (-9.6%), from €24,996 to €22,603
- Other debts -€29,105
down €29,105 (-27.7%), from €104,914 to €75,809
- Trade debts -€21,080
down €21,080 (-48.3%), from €43,664 to €22,585
- Debts after one year -€9,651
down €9,651 (-41.8%), from €23,070 to €13,419
- Current portion of long-term debt -€2,243
down €2,243 (-15.4%), from €14,541 to €12,298
- Staff costs +€17,555
up €17,555 (+27.6%), from €63,596 to €81,151
- Taxes +€4,925
up €4,925 (+167%), from €2,949 to €7,875
- Financial charges +€2,885
up €2,885 (+134%), from €2,146 to €5,031
- Depreciation -€1,881
down €1,881 (-11.4%), from €16,561 to €14,680
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 | €195,153 | €134,121 | -€61,032 | -31.3% |
| Fixed assets | 21/28 | €92,445 | €69,169 | -€23,276 | -25.2% |
| Intangible fixed assets | 21 | €24,996 | €22,603 | -€2,392 | -9.6% |
| Tangible fixed assets | 22/27 | €56,755 | €35,830 | -€20,926 | -36.9% |
| Plant, machinery and equipment | 23 | €5,921 | €5,096 | -€825 | -13.9% |
| Furniture and vehicles | 24 | €49,470 | €754 | -€48,716 | -98.5% |
| Other tangible fixed assets | 26 | €1,364 | €29,980 | +€28,616 | +2,098% |
| Financial fixed assets | 28 | €10,695 | €10,736 | +€41 | +0.4% |
| Current assets | 29/58 | €102,708 | €64,952 | -€37,756 | -36.8% |
| Amounts receivable within one year | 40/41 | €75,467 | €51,538 | -€23,930 | -31.7% |
| Trade receivables | 40 | €75,104 | €25,704 | -€49,400 | -65.8% |
| Other amounts receivable | 41 | €364 | €25,834 | +€25,470 | +7,005% |
| Cash at bank and in hand | 54/58 | €24,786 | €12,031 | -€12,755 | -51.5% |
| Deferred charges and accrued income | 490/1 | €2,455 | €1,384 | -€1,070 | -43.6% |
| Total equity and liabilities | 10/49 | €195,153 | €134,121 | -€61,032 | -31.3% |
| Equity | 10/15 | -€18,210 | -€16,870 | +€1,340 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,810 | -€35,470 | +€1,340 | +3.6% |
| Amounts payable | 17/49 | €213,363 | €150,991 | -€62,372 | -29.2% |
| Amounts payable after more than one year | 17 | €23,070 | €13,419 | -€9,651 | -41.8% |
| Financial debts | 170/4 | €23,070 | €13,419 | -€9,651 | -41.8% |
| Amounts payable within one year | 42/48 | €190,294 | €137,572 | -€52,722 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €14,541 | €12,298 | -€2,243 | -15.4% |
| Trade debts | 44 | €43,664 | €22,585 | -€21,080 | -48.3% |
| Suppliers | 440/4 | €43,664 | €22,585 | -€21,080 | -48.3% |
| Taxes, remuneration and social security | 45 | €27,175 | €26,881 | -€294 | -1.1% |
| Taxes | 450/3 | €21,351 | €21,640 | +€288 | +1.4% |
| Remuneration and social security | 454/9 | €5,823 | €5,241 | -€582 | -10.0% |
| Other amounts payable | 47/48 | €104,914 | €75,809 | -€29,105 | -27.7% |
| Non-recurring operating income | 76A | - | €18,088 | +€18,088 | |
| Remuneration, social security and pensions | 62 | €63,596 | €81,151 | +€17,555 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,561 | €14,680 | -€1,881 | -11.4% |
| Other operating charges | 640/8 | €3,265 | €2,988 | -€277 | -8.5% |
| Gross operating margin | 9900 | €112,657 | €113,019 | +€361 | +0.3% |
| Operating profit (loss) | 9901 | €29,235 | €14,199 | -€15,035 | -51.4% |
| Financial income | 75/76B | €71 | €47 | -€24 | -34.4% |
| Recurring financial income | 75 | €71 | €47 | -€24 | -34.4% |
| Financial charges | 65/66B | €2,146 | €5,031 | +€2,885 | +134% |
| Recurring financial charges | 65 | €2,146 | €5,031 | +€2,885 | +134% |
| Profit (loss) for the period before taxes | 9903 | €27,160 | €9,215 | -€17,945 | -66.1% |
| Income taxes | 67/77 | €2,949 | €7,875 | +€4,925 | +167% |
| Profit (loss) for the period | 9904 | €24,211 | €1,340 | -€22,870 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,211 | €1,340 | -€22,870 | -94.5% |
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 25 October 2026 via checked.be.