Newcon: 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.
Newcon
Largest movements
- Cash +€57,727
up €57,727 (+20.7%), from €279,041 to €336,769
mainly Net result for the year (+€76,861) and Depreciation (+€11,426)
- Receivables within one year +€18,654
up €18,654 (+96.3%), from €19,362 to €38,016
of which Other amounts receivable: +€26,218
- Tangible fixed assets -€5,446
down €5,446 (-21.5%), from €25,319 to €19,873
of which Leasing and similar rights: -€9,026
- Reserves +€76,861
up €76,861 (+27.2%), from €282,954 to €359,815
- Tax, wage and social debts +€10,986
up €10,986 (+112.6%), from €9,753 to €20,738
of which Taxes: +€10,983
- Debts after one year -€7,026
down €7,026 (-78.9%), from €8,906 to €1,879
- Advances received -€7,000
down €7,000 (-100.0%), from €7,000 to €0
- Gross operating margin +€13,050
up €13,050 (+11.6%), from €112,456 to €125,507
- Taxes +€8,687
up €8,687 (+31.5%), from €27,576 to €36,263
- Depreciation +€1,371
up €1,371 (+13.6%), from €10,055 to €11,426
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 | €326,895 | €395,788 | +€68,894 | +21.1% |
| Fixed assets | 21/28 | €25,319 | €19,873 | -€5,446 | -21.5% |
| Tangible fixed assets | 22/27 | €25,319 | €19,873 | -€5,446 | -21.5% |
| Plant, machinery and equipment | 23 | €7,517 | €8,851 | +€1,334 | +17.7% |
| Furniture and vehicles | 24 | €0 | €2,247 | +€2,247 | |
| Leasing and similar rights | 25 | €17,802 | €8,776 | -€9,026 | -50.7% |
| Current assets | 29/58 | €301,576 | €375,915 | +€74,339 | +24.7% |
| Stocks and contracts in progress | 3 | €2,041 | €0 | -€2,041 | -100.0% |
| Contracts in progress | 37 | €2,041 | €0 | -€2,041 | -100.0% |
| Amounts receivable within one year | 40/41 | €19,362 | €38,016 | +€18,654 | +96.3% |
| Trade receivables | 40 | €19,362 | €11,798 | -€7,564 | -39.1% |
| Other amounts receivable | 41 | €0 | €26,218 | +€26,218 | |
| Cash at bank and in hand | 54/58 | €279,041 | €336,769 | +€57,727 | +20.7% |
| Deferred charges and accrued income | 490/1 | €1,132 | €1,131 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €326,895 | €395,788 | +€68,894 | +21.1% |
| Equity | 10/15 | €287,954 | €364,815 | +€76,861 | +26.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €282,954 | €359,815 | +€76,861 | +27.2% |
| Distributable reserves | 133 | €282,954 | €359,815 | +€76,861 | +27.2% |
| Amounts payable | 17/49 | €38,941 | €30,974 | -€7,967 | -20.5% |
| Amounts payable after more than one year | 17 | €8,906 | €1,879 | -€7,026 | -78.9% |
| Financial debts | 170/4 | €8,906 | €1,879 | -€7,026 | -78.9% |
| Amounts payable within one year | 42/48 | €30,035 | €29,094 | -€941 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €9,223 | €7,026 | -€2,196 | -23.8% |
| Trade debts | 44 | €2,820 | €1,329 | -€1,491 | -52.9% |
| Suppliers | 440/4 | €2,820 | €1,329 | -€1,491 | -52.9% |
| Advances received on contracts in progress | 46 | €7,000 | €0 | -€7,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €9,753 | €20,738 | +€10,986 | +112.6% |
| Taxes | 450/3 | €8,499 | €19,482 | +€10,983 | +129.2% |
| Remuneration and social security | 454/9 | €1,254 | €1,257 | +€3 | +0.2% |
| Other amounts payable | 47/48 | €1,239 | €0 | -€1,239 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,055 | €11,426 | +€1,371 | +13.6% |
| Other operating charges | 640/8 | €1,811 | €1,614 | -€197 | -10.9% |
| Gross operating margin | 9900 | €112,456 | €125,507 | +€13,050 | +11.6% |
| Operating profit (loss) | 9901 | €100,591 | €112,467 | +€11,876 | +11.8% |
| Financial income | 75/76B | - | €1,149 | +€1,149 | |
| Recurring financial income | 75 | - | €1,149 | +€1,149 | |
| Financial charges | 65/66B | €484 | €492 | +€7 | +1.5% |
| Recurring financial charges | 65 | €484 | €492 | +€7 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €100,107 | €113,124 | +€13,018 | +13.0% |
| Income taxes | 67/77 | €27,576 | €36,263 | +€8,687 | +31.5% |
| Profit (loss) for the period | 9904 | €72,530 | €76,861 | +€4,331 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,530 | €76,861 | +€4,331 | +6.0% |
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.