NEWCO COMMUNICATIONS: 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 COMMUNICATIONS
NACE 82.200, Office administrative, office support and other business support activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€447,649
2024 · €408,403+€39,246
Equity
€3.4m
2024 · €2.9m+€447,649
Cash
€224,995
2024 · €31,959+€193,036
Balance sheet total
€5.4m
2024 · €6.5m-€1.1m
Largest movements
Assets
- Receivables within one year -€1.4m
down €1.4m (-25.9%), from €5.4m to €4.0m
of which Trade receivables: -€1.5m
- Cash +€193,036
up €193,036 (+604.0%), from €31,959 to €224,995
mainly Receivables within one year (+€1.4m) and Net result for the year (+€447,649)
Equity and liabilities
- Trade debts -€1.5m
down €1.5m (-62.5%), from €2.4m to €889,588
- Reserves +€447,649
up €447,649 (+16.9%), from €2.6m to €3.1m
of which Distributable reserves: +€447,649
- Other debts -€73,433
down €73,433 (-46.3%), from €158,659 to €85,226
Income statement
- Gross operating margin -€821,744
down €821,744 (-75.5%), from €1.1m to €266,197
- Purchases and services +€756,350
up €756,350 (+2.7%), from €27.9m to €28.6m
- Provisions -€562,764
down €562,764, from €248,869 to -€313,895
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
€408,403
Gross operating margin
-€821,744
Staff costs
-€5,425
Depreciation
-€10,181
Provisions
+€562,764
Other operating charges
+€26,592
Financial income
+€262,946
Financial charges
+€64,629
Taxes
-€40,335
Result 2025
€447,649
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.
From operations
+€286,647
Investment
-€93,610
Financing
€0
Cash 2024
€31,959
From operations (derived)
+€286,647
Net result for the year
+€447,649
Depreciation
+€16,209
Receivables within one year
+€1.4m
Deferred charges and accrued income
-€4,101
Trade debts
-€1.5m
Tax, wage and social debts
-€8,228
Other debts
-€73,433
Investment (derived)
-€93,610
Investment in fixed assets (net)
-€93,610
Cash 2025
€224,995
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,496,169 | €5,378,970 | -€1.1m | -17.2% |
| Fixed assets | 21/28 | €767,037 | €844,438 | +€77,401 | +10.1% |
| Intangible fixed assets | 21 | €78 | €0 | -€78 | -100.0% |
| Tangible fixed assets | 22/27 | €12,846 | €72,325 | +€59,479 | +463.0% |
| Plant, machinery and equipment | 23 | €49 | €0 | -€49 | -100.0% |
| Furniture and vehicles | 24 | €12,797 | €67,608 | +€54,812 | +428.3% |
| Other tangible fixed assets | 26 | - | €4,716 | +€4,716 | |
| Financial fixed assets | 28 | €754,113 | €772,113 | +€18,000 | +2.4% |
| Current assets | 29/58 | €5,729,132 | €4,534,533 | -€1.2m | -20.9% |
| Amounts receivable after more than one year | 29 | €315,000 | €315,000 | = | 0.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €315,000 | €315,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,371,094 | €3,979,357 | -€1.4m | -25.9% |
| Trade receivables | 40 | €5,006,404 | €3,463,703 | -€1.5m | -30.8% |
| Other amounts receivable | 41 | €364,690 | €515,654 | +€150,964 | +41.4% |
| Cash at bank and in hand | 54/58 | €31,959 | €224,995 | +€193,036 | +604.0% |
| Deferred charges and accrued income | 490/1 | €11,079 | €15,180 | +€4,101 | +37.0% |
| Total equity and liabilities | 10/49 | €6,496,169 | €5,378,970 | -€1.1m | -17.2% |
| Equity | 10/15 | €2,925,054 | €3,372,703 | +€447,649 | +15.3% |
| Contributions | 10/11 | €278,600 | €278,600 | = | 0.0% |
| Reserves | 13 | €2,646,454 | €3,094,103 | +€447,649 | +16.9% |
| Non-distributable reserves | 130/1 | €27,860 | €27,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,860 | €27,860 | = | 0.0% |
| Distributable reserves | 133 | €2,618,594 | €3,066,243 | +€447,649 | +17.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €55,000 | €55,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €55,000 | €55,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €55,000 | €55,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,516,115 | €1,951,267 | -€1.6m | -44.5% |
| Amounts payable within one year | 42/48 | €3,516,115 | €1,951,267 | -€1.6m | -44.5% |
| Financial debts | 43 | €325,000 | €325,000 | = | 0.0% |
| Credit institutions | 430/8 | €325,000 | €325,000 | = | 0.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,372,774 | €889,588 | -€1.5m | -62.5% |
| Suppliers | 440/4 | €2,372,774 | €889,588 | -€1.5m | -62.5% |
| Taxes, remuneration and social security | 45 | €659,681 | €651,453 | -€8,228 | -1.2% |
| Taxes | 450/3 | €659,681 | €651,453 | -€8,228 | -1.2% |
| Other amounts payable | 47/48 | €158,659 | €85,226 | -€73,433 | -46.3% |
| Turnover | 70 | €28,943,851 | €28,868,962 | -€74,888 | -0.3% |
| Non-recurring operating income | 76A | - | €11,002 | +€11,002 | |
| Goods, raw materials, services and sundry goods | 60/61 | €27,874,984 | €28,631,335 | +€756,350 | +2.7% |
| Remuneration, social security and pensions | 62 | €12,343 | €17,768 | +€5,425 | +43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,028 | €16,209 | +€10,181 | +168.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €248,869 | -€313,895 | -€562,764 | |
| Other operating charges | 640/8 | €41,518 | €14,926 | -€26,592 | -64.1% |
| Gross operating margin | 9900 | €1,087,941 | €266,197 | -€821,744 | -75.5% |
| Operating profit (loss) | 9901 | €779,183 | €531,189 | -€247,994 | -31.8% |
| Financial income | 75/76B | €28,017 | €290,963 | +€262,946 | +938.5% |
| Recurring financial income | 75 | €28,017 | €290,963 | +€262,946 | +938.5% |
| Financial charges | 65/66B | €179,434 | €114,806 | -€64,629 | -36.0% |
| Recurring financial charges | 65 | €179,434 | €114,806 | -€64,629 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €627,766 | €707,347 | +€79,581 | +12.7% |
| Income taxes | 67/77 | €219,363 | €259,698 | +€40,335 | +18.4% |
| Profit (loss) for the period | 9904 | €408,403 | €447,649 | +€39,246 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €408,403 | €447,649 | +€39,246 | +9.6% |
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 11 October 2026 via checked.be.