NEWBUILD: 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.
NEWBUILD
Largest movements
- Cash +€9,106
up €9,106 (+117.7%), from €7,738 to €16,845
mainly Other debts (+€12,322) and Receivables within one year (+€6,508)
- Receivables within one year -€6,508
down €6,508 (-11.4%), from €57,040 to €50,532
of which Trade receivables: -€7,260
- Other debts +€12,322
up €12,322 (+98.2%), from €12,551 to €24,873
- Reserves -€7,800
down €7,800 (-23.2%), from €33,590 to €25,790
- Tax, wage and social debts -€1,768
down €1,768 (-100.0%), from €1,768 to €0
of which Taxes: -€1,768
- Gross operating margin +€6,606
up €6,606 (+48.1%), from -€13,730 to -€7,124
- Financial charges -€1,267
down €1,267 (-63.9%), from €1,985 to €717
- Other operating charges -€158
down €158 (-25.4%), from €619 to €462
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 | €69,063 | €71,653 | +€2,589 | +3.7% |
| Fixed assets | 21/28 | €3,773 | €3,773 | = | 0.0% |
| Financial fixed assets | 28 | €3,773 | €3,773 | = | 0.0% |
| Current assets | 29/58 | €65,290 | €67,879 | +€2,589 | +4.0% |
| Amounts receivable within one year | 40/41 | €57,040 | €50,532 | -€6,508 | -11.4% |
| Trade receivables | 40 | €7,260 | €0 | -€7,260 | -100.0% |
| Other amounts receivable | 41 | €49,780 | €50,532 | +€752 | +1.5% |
| Cash at bank and in hand | 54/58 | €7,738 | €16,845 | +€9,106 | +117.7% |
| Deferred charges and accrued income | 490/1 | €512 | €503 | -€9 | -1.7% |
| Total equity and liabilities | 10/49 | €69,063 | €71,653 | +€2,589 | +3.7% |
| Equity | 10/15 | €52,190 | €44,390 | -€7,800 | -14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,590 | €25,790 | -€7,800 | -23.2% |
| Distributable reserves | 133 | €33,590 | €25,790 | -€7,800 | -23.2% |
| Amounts payable | 17/49 | €16,873 | €27,262 | +€10,389 | +61.6% |
| Amounts payable within one year | 42/48 | €15,507 | €25,773 | +€10,266 | +66.2% |
| Trade debts | 44 | €1,188 | €900 | -€288 | -24.3% |
| Suppliers | 440/4 | €1,188 | €900 | -€288 | -24.3% |
| Taxes, remuneration and social security | 45 | €1,768 | €0 | -€1,768 | -100.0% |
| Taxes | 450/3 | €1,768 | €0 | -€1,768 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,551 | €24,873 | +€12,322 | +98.2% |
| Accrued charges and deferred income | 492/3 | €1,366 | €1,489 | +€123 | +9.0% |
| Other operating charges | 640/8 | €619 | €462 | -€158 | -25.4% |
| Gross operating margin | 9900 | -€13,730 | -€7,124 | +€6,606 | +48.1% |
| Operating profit (loss) | 9901 | -€14,349 | -€7,585 | +€6,764 | +47.1% |
| Financial income | 75/76B | €512 | €503 | -€9 | -1.7% |
| Recurring financial income | 75 | €512 | €503 | -€9 | -1.7% |
| Financial charges | 65/66B | €1,985 | €717 | -€1,267 | -63.9% |
| Recurring financial charges | 65 | €1,985 | €717 | -€1,267 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,822 | -€7,800 | +€8,023 | +50.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€15,822 | -€7,800 | +€8,023 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,822 | -€7,800 | +€8,023 | +50.7% |
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 9 October 2026 via checked.be.