NEWCO A.D.P.: 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.
What changed
NEWCO A.D.P.
NACE 87.301, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€146,401
2024 · €25,724+€120,678
Equity
€3.1m
2024 · €2.9m+€146,401
Cash
€3,745
2024 · €39,241-€35,496
Balance sheet total
€6.8m
2024 · €7.1m-€303,487
Largest movements
Assets
- Tangible fixed assets -€267,308
down €267,308 (-4.8%), from €5.5m to €5.2m
of which Assets under construction and advance payments: -€174,974
Equity and liabilities
- Debts after one year -€485,924
down €485,924 (-14.7%), from €3.3m to €2.8m
of which Financial debts: -€449,924
- Profit (loss) carried forward +€153,878
up €153,878 (+32.8%), from €468,905 to €622,783
Income statement
- Other operating charges -€147,357
down €147,357 (-77.0%), from €191,423 to €44,066
- Gross operating margin +€42,353
up €42,353 (+5.8%), from €731,566 to €773,919
- Taxes +€41,382
up €41,382 (+80.7%), from €51,304 to €92,686
- Financial charges +€14,227
up €14,227 (+12.7%), from €112,391 to €126,618
- Depreciation +€12,973
up €12,973 (+3.7%), from €355,052 to €368,025
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.
Result 2024
€25,724
Gross operating margin
+€42,353
Depreciation
-€12,973
Other operating charges
+€147,357
Financial income
-€228
Financial charges
-€14,227
Taxes
-€41,382
Deferred taxes and other
-€224
Result 2025
€146,401
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€550,583
Investment
-€67,949
Financing
-€518,130
Cash 2024
€39,241
From operations (derived)
+€550,583
Net result for the year
+€146,401
Depreciation
+€368,025
Receivables within one year
-€37,225
Deferred charges and accrued income
+€5,141
Provisions
-€3,682
Trade debts
+€21,908
Tax, wage and social debts
+€41,450
Other debts
+€5,662
Accrued charges and deferred income
+€2,904
Investment (derived)
-€67,949
Investment in fixed assets (net)
-€67,949
Financing
-€518,130
Debts after one year
-€485,924
Current portion of long-term debt
+€16,540
Short-term financial debts
-€48,747
Cash 2025
€3,745
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,127,427 | €6,823,940 | -€303,487 | -4.3% |
| Fixed assets | 21/28 | €7,027,850 | €6,727,774 | -€300,077 | -4.3% |
| Intangible fixed assets | 21 | €1,277,973 | €1,245,204 | -€32,769 | -2.6% |
| Tangible fixed assets | 22/27 | €5,514,387 | €5,247,079 | -€267,308 | -4.8% |
| Land and buildings | 22 | €2,869,083 | €2,768,736 | -€100,346 | -3.5% |
| Plant, machinery and equipment | 23 | €4,020 | €12,032 | +€8,013 | +199% |
| Assets under construction and advance payments | 27 | €2,641,285 | €2,466,311 | -€174,974 | -6.6% |
| Financial fixed assets | 28 | €235,490 | €235,490 | = | 0.0% |
| Current assets | 29/58 | €99,577 | €96,166 | -€3,411 | -3.4% |
| Amounts receivable within one year | 40/41 | €55,195 | €92,421 | +€37,225 | +67.4% |
| Trade receivables | 40 | €22,050 | €42,300 | +€20,250 | +91.8% |
| Other amounts receivable | 41 | €33,145 | €50,121 | +€16,975 | +51.2% |
| Cash at bank and in hand | 54/58 | €39,241 | €3,745 | -€35,496 | -90.5% |
| Deferred charges and accrued income | 490/1 | €5,141 | - | -€5,141 | |
| Total equity and liabilities | 10/49 | €7,127,427 | €6,823,940 | -€303,487 | -4.3% |
| Equity | 10/15 | €2,918,960 | €3,065,361 | +€146,401 | +5.0% |
| Contributions | 10/11 | €212,000 | €212,000 | = | 0.0% |
| Capital | 10 | €212,000 | €212,000 | = | 0.0% |
| Issued capital | 100 | €212,000 | €212,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,966,168 | €1,966,168 | = | 0.0% |
| Reserves | 13 | €271,887 | €264,411 | -€7,477 | -2.7% |
| Non-distributable reserves | 130/1 | €18,820 | €18,820 | = | 0.0% |
| Legal reserve | 130 | €18,820 | €18,820 | = | 0.0% |
| Tax-exempt reserves | 132 | €112,138 | €104,661 | -€7,477 | -6.7% |
| Distributable reserves | 133 | €140,930 | €140,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €468,905 | €622,783 | +€153,878 | +32.8% |
| Provisions and deferred taxes | 16 | €55,232 | €51,550 | -€3,682 | -6.7% |
| Deferred taxes | 168 | €55,232 | €51,550 | -€3,682 | -6.7% |
| Amounts payable | 17/49 | €4,153,236 | €3,707,029 | -€446,206 | -10.7% |
| Amounts payable after more than one year | 17 | €3,295,178 | €2,809,255 | -€485,924 | -14.7% |
| Financial debts | 170/4 | €2,948,033 | €2,498,110 | -€449,924 | -15.3% |
| Trade debts | 175 | €347,145 | €311,145 | -€36,000 | -10.4% |
| Amounts payable within one year | 42/48 | €856,734 | €893,548 | +€36,814 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €433,384 | €449,924 | +€16,540 | +3.8% |
| Financial debts | 43 | €48,747 | - | -€48,747 | |
| Credit institutions | 430/8 | €48,747 | - | -€48,747 | |
| Trade debts | 44 | €4,864 | €26,772 | +€21,908 | +450% |
| Suppliers | 440/4 | €4,864 | €26,772 | +€21,908 | +450% |
| Taxes, remuneration and social security | 45 | €31,177 | €72,628 | +€41,450 | +133% |
| Taxes | 450/3 | €31,177 | €72,628 | +€41,450 | +133% |
| Other amounts payable | 47/48 | €338,563 | €344,225 | +€5,662 | +1.7% |
| Accrued charges and deferred income | 492/3 | €1,323 | €4,227 | +€2,904 | +219% |
| Non-recurring operating income | 76A | €575 | - | -€575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355,052 | €368,025 | +€12,973 | +3.7% |
| Other operating charges | 640/8 | €191,423 | €44,066 | -€147,357 | -77.0% |
| Gross operating margin | 9900 | €731,566 | €773,919 | +€42,353 | +5.8% |
| Operating profit (loss) | 9901 | €185,090 | €361,828 | +€176,738 | +95.5% |
| Financial income | 75/76B | €422 | €194 | -€228 | -54.0% |
| Recurring financial income | 75 | €422 | €194 | -€228 | -54.0% |
| Financial charges | 65/66B | €112,391 | €126,618 | +€14,227 | +12.7% |
| Recurring financial charges | 65 | €112,391 | €126,618 | +€14,227 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €73,122 | €235,405 | +€162,283 | +222% |
| Transfer from deferred taxes | 780 | €3,907 | €3,682 | -€224 | -5.7% |
| Income taxes | 67/77 | €51,304 | €92,686 | +€41,382 | +80.7% |
| Profit (loss) for the period | 9904 | €25,724 | €146,401 | +€120,678 | +469% |
| Transfer from tax-exempt reserves | 789 | €7,932 | €7,477 | -€455 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,656 | €153,878 | +€120,222 | +357% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.