Newcore: 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.
Newcore
Largest movements
- Current investments +€49,847
new in 2025: €49,847
- Cash -€40,365
no longer reported in 2025 (was €40,365)
mainly Current investments (-€49,847)
- Receivables within one year -€1,907
down €1,907 (-52.1%), from €3,663 to €1,756
of which Trade receivables: -€1,500
- Profit (loss) carried forward +€6,062
up €6,062 (+8.0%), from -€76,021 to -€69,959
- Trade debts +€1,513
up €1,513 (+3087.8%), from €49 to €1,562
- Gross operating margin -€1,939
down €1,939 (-21.9%), from €8,874 to €6,935
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 | €44,028 | €51,603 | +€7,575 | +17.2% |
| Current assets | 29/58 | €44,028 | €51,603 | +€7,575 | +17.2% |
| Amounts receivable within one year | 40/41 | €3,663 | €1,756 | -€1,907 | -52.1% |
| Trade receivables | 40 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Other amounts receivable | 41 | €663 | €256 | -€407 | -61.4% |
| Current investments | 50/53 | - | €49,847 | +€49,847 | |
| Cash at bank and in hand | 54/58 | €40,365 | - | -€40,365 | |
| Total equity and liabilities | 10/49 | €44,028 | €51,603 | +€7,575 | +17.2% |
| Equity | 10/15 | €43,979 | €50,041 | +€6,062 | +13.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,021 | -€69,959 | +€6,062 | +8.0% |
| Amounts payable | 17/49 | €49 | €1,562 | +€1,513 | +3087.8% |
| Amounts payable within one year | 42/48 | €49 | €1,562 | +€1,513 | +3087.8% |
| Trade debts | 44 | €49 | €1,562 | +€1,513 | +3087.8% |
| Suppliers | 440/4 | €49 | €1,562 | +€1,513 | +3087.8% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €8,874 | €6,935 | -€1,939 | -21.9% |
| Operating profit (loss) | 9901 | €8,346 | €6,391 | -€1,955 | -23.4% |
| Financial charges | 65/66B | €348 | €329 | -€19 | -5.5% |
| Recurring financial charges | 65 | €348 | €329 | -€19 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €7,998 | €6,062 | -€1,936 | -24.2% |
| Profit (loss) for the period | 9904 | €7,998 | €6,062 | -€1,936 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,998 | €6,062 | -€1,936 | -24.2% |
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 29 September 2026 via checked.be.