NewCo: 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.
NewCo
Largest movements
- Cash +€55,648
up €55,648 (+147.6%), from €37,706 to €93,354
mainly Receivables within one year (+€42,706) and Accrued charges and deferred income (+€31,430)
- Receivables within one year -€42,706
down €42,706 (-51.8%), from €82,380 to €39,674
of which Trade receivables: -€46,708
- Deferred charges and accrued income +€16,096
up €16,096 (+502.1%), from €3,205 to €19,301
- Tangible fixed assets -€10,381
down €10,381 (-12.2%), from €85,247 to €74,866
of which Other tangible fixed assets: -€8,481
- Accrued charges and deferred income +€31,430
up €31,430 (+83836.1%), from €37 to €31,468
- Profit (loss) carried forward +€17,138
up €17,138 (+27.0%), from -€63,398 to -€46,259
- Debts after one year -€14,736
down €14,736 (-23.6%), from €62,478 to €47,742
of which Financial debts: -€14,736
- Tax, wage and social debts -€14,683
down €14,683 (-34.0%), from €43,177 to €28,495
of which Remuneration and social security: -€14,874
- Trade debts -€9,647
down €9,647 (-9.1%), from €106,508 to €96,861
- Gross operating margin +€62,966
up €62,966 (+24.0%), from €262,719 to €325,684
- Financial charges +€5,098
up €5,098 (+94.1%), from €5,419 to €10,517
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,977 | €240,202 | +€19,225 | +8.7% |
| Fixed assets | 21/28 | €93,412 | €81,401 | -€12,011 | -12.9% |
| Intangible fixed assets | 21 | €1,630 | - | -€1,630 | |
| Tangible fixed assets | 22/27 | €85,247 | €74,866 | -€10,381 | -12.2% |
| Plant, machinery and equipment | 23 | €6,109 | €4,522 | -€1,587 | -26.0% |
| Furniture and vehicles | 24 | €1,188 | €874 | -€314 | -26.4% |
| Other tangible fixed assets | 26 | €77,950 | €69,470 | -€8,481 | -10.9% |
| Financial fixed assets | 28 | €6,535 | €6,535 | = | 0.0% |
| Current assets | 29/58 | €127,565 | €158,801 | +€31,236 | +24.5% |
| Stocks and contracts in progress | 3 | €4,274 | €6,472 | +€2,198 | +51.4% |
| Stocks | 30/36 | €4,274 | €6,472 | +€2,198 | +51.4% |
| Amounts receivable within one year | 40/41 | €82,380 | €39,674 | -€42,706 | -51.8% |
| Trade receivables | 40 | €77,337 | €30,629 | -€46,708 | -60.4% |
| Other amounts receivable | 41 | €5,043 | €9,044 | +€4,002 | +79.4% |
| Cash at bank and in hand | 54/58 | €37,706 | €93,354 | +€55,648 | +147.6% |
| Deferred charges and accrued income | 490/1 | €3,205 | €19,301 | +€16,096 | +502.1% |
| Total equity and liabilities | 10/49 | €220,977 | €240,202 | +€19,225 | +8.7% |
| Equity | 10/15 | -€41,398 | -€24,259 | +€17,138 | +41.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,398 | -€46,259 | +€17,138 | +27.0% |
| Amounts payable | 17/49 | €262,375 | €264,461 | +€2,087 | +0.8% |
| Amounts payable after more than one year | 17 | €62,478 | €47,742 | -€14,736 | -23.6% |
| Financial debts | 170/4 | €50,926 | €36,190 | -€14,736 | -28.9% |
| Other amounts payable | 178/9 | €11,552 | €11,552 | = | 0.0% |
| Amounts payable within one year | 42/48 | €199,859 | €185,251 | -€14,607 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €14,084 | €20,733 | +€6,649 | +47.2% |
| Trade debts | 44 | €106,508 | €96,861 | -€9,647 | -9.1% |
| Suppliers | 440/4 | €106,508 | €96,861 | -€9,647 | -9.1% |
| Taxes, remuneration and social security | 45 | €43,177 | €28,495 | -€14,683 | -34.0% |
| Taxes | 450/3 | €259 | €450 | +€191 | +73.8% |
| Remuneration and social security | 454/9 | €42,918 | €28,044 | -€14,874 | -34.7% |
| Other amounts payable | 47/48 | €36,090 | €39,163 | +€3,073 | +8.5% |
| Accrued charges and deferred income | 492/3 | €37 | €31,468 | +€31,430 | +83836.1% |
| Non-recurring operating income | 76A | €8,525 | €11,515 | +€2,990 | +35.1% |
| Remuneration, social security and pensions | 62 | €279,594 | €280,489 | +€895 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,932 | €12,011 | +€2,079 | +20.9% |
| Other operating charges | 640/8 | €5,330 | €5,454 | +€125 | +2.3% |
| Non-recurring operating charges | 66A | €21,260 | €89 | -€21,171 | -99.6% |
| Gross operating margin | 9900 | €262,719 | €325,684 | +€62,966 | +24.0% |
| Operating profit (loss) | 9901 | -€53,397 | €27,641 | +€81,038 | |
| Financial income | 75/76B | €0 | €15 | +€14 | +4134.3% |
| Recurring financial income | 75 | €0 | €15 | +€14 | +4134.3% |
| Financial charges | 65/66B | €5,419 | €10,517 | +€5,098 | +94.1% |
| Recurring financial charges | 65 | €5,419 | €10,517 | +€5,098 | +94.1% |
| Profit (loss) for the period before taxes | 9903 | -€58,816 | €17,138 | +€75,954 | |
| Profit (loss) for the period | 9904 | -€58,816 | €17,138 | +€75,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,816 | €17,138 | +€75,954 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.