NEWCOM GROUP: 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.
NEWCOM GROUP
Largest movements
- Cash -€37,821
down €37,821 (-86.5%), from €43,730 to €5,909
mainly Net result for the year (-€28,204) and Tax, wage and social debts (-€13,325)
- Tangible fixed assets -€6,534
down €6,534 (-70.4%), from €9,286 to €2,752
- Receivables after one year -€4,000
down €4,000 (-14.3%), from €28,000 to €24,000
- Receivables within one year -€3,529
down €3,529 (-41.4%), from €8,524 to €4,996
of which Trade receivables: -€3,114
- Profit (loss) carried forward -€28,204
down €28,204 (-67.9%), from €41,513 to €13,309
- Tax, wage and social debts -€13,325
down €13,325 (-62.9%), from €21,200 to €7,874
- Debts after one year -€7,225
down €7,225 (-85.6%), from €8,436 to €1,211
- Trade debts -€1,607
down €1,607 (-23.9%), from €6,730 to €5,122
- Accrued charges and deferred income -€1,406
no longer reported in 2025 (was €1,406)
- Gross operating margin -€51,661
down €51,661, from €31,927 to -€19,734
- Depreciation -€11,432
down €11,432 (-63.2%), from €18,091 to €6,660
- Taxes -€4,609
down €4,609 (-93.5%), from €4,929 to €320
- Write-downs -€4,000
down €4,000, from €2,000 to -€2,000
- Other operating charges +€2,471
up €2,471 (+454.9%), from €543 to €3,014
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 | €92,170 | €39,849 | -€52,321 | -56.8% |
| Formation expenses | 20 | €126 | - | -€126 | |
| Fixed assets | 21/28 | €9,786 | €3,252 | -€6,534 | -66.8% |
| Tangible fixed assets | 22/27 | €9,286 | €2,752 | -€6,534 | -70.4% |
| Furniture and vehicles | 24 | €9,286 | €2,752 | -€6,534 | -70.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €82,258 | €36,597 | -€45,661 | -55.5% |
| Amounts receivable after more than one year | 29 | €28,000 | €24,000 | -€4,000 | -14.3% |
| Other amounts receivable | 291 | €28,000 | €24,000 | -€4,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €8,524 | €4,996 | -€3,529 | -41.4% |
| Trade receivables | 40 | €7,050 | €3,936 | -€3,114 | -44.2% |
| Other amounts receivable | 41 | €1,474 | €1,060 | -€415 | -28.1% |
| Cash at bank and in hand | 54/58 | €43,730 | €5,909 | -€37,821 | -86.5% |
| Deferred charges and accrued income | 490/1 | €2,003 | €1,692 | -€312 | -15.6% |
| Total equity and liabilities | 10/49 | €92,170 | €39,849 | -€52,321 | -56.8% |
| Equity | 10/15 | €46,513 | €18,309 | -€28,204 | -60.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,513 | €13,309 | -€28,204 | -67.9% |
| Amounts payable | 17/49 | €45,657 | €21,540 | -€24,117 | -52.8% |
| Amounts payable after more than one year | 17 | €8,436 | €1,211 | -€7,225 | -85.6% |
| Financial debts | 170/4 | €8,436 | €1,211 | -€7,225 | -85.6% |
| Amounts payable within one year | 42/48 | €35,815 | €20,329 | -€15,486 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €7,156 | €7,225 | +€69 | +1.0% |
| Trade debts | 44 | €6,730 | €5,122 | -€1,607 | -23.9% |
| Suppliers | 440/4 | €6,730 | €5,122 | -€1,607 | -23.9% |
| Taxes, remuneration and social security | 45 | €21,200 | €7,874 | -€13,325 | -62.9% |
| Taxes | 450/3 | €21,200 | €7,874 | -€13,325 | -62.9% |
| Other amounts payable | 47/48 | €730 | €107 | -€623 | -85.3% |
| Accrued charges and deferred income | 492/3 | €1,406 | - | -€1,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,091 | €6,660 | -€11,432 | -63.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,000 | -€2,000 | -€4,000 | |
| Other operating charges | 640/8 | €543 | €3,014 | +€2,471 | +454.9% |
| Gross operating margin | 9900 | €31,927 | -€19,734 | -€51,661 | |
| Operating profit (loss) | 9901 | €11,293 | -€27,407 | -€38,700 | |
| Financial charges | 65/66B | €860 | €477 | -€383 | -44.6% |
| Recurring financial charges | 65 | €860 | €477 | -€383 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €10,433 | -€27,884 | -€38,317 | |
| Income taxes | 67/77 | €4,929 | €320 | -€4,609 | -93.5% |
| Profit (loss) for the period | 9904 | €5,504 | -€28,204 | -€33,708 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,504 | -€28,204 | -€33,708 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.