NEWDEN: 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.
NEWDEN
Largest movements
- Receivables within one year +€23,888
up €23,888 (+149.6%), from €15,967 to €39,854
of which Trade receivables: +€12,805
- Cash +€23,577
up €23,577 (+1486.2%), from €1,586 to €25,164
mainly Net result for the year (+€41,555) and Other debts (+€24,152)
- Other debts +€24,152
up €24,152 (+180.9%), from €13,348 to €37,500
- Tax, wage and social debts +€15,466
up €15,466 (+3580.2%), from €432 to €15,898
- Profit (loss) carried forward +€4,055
up €4,055 (+869.9%), from €466 to €4,521
- Trade debts +€3,103
up €3,103 (+1354.8%), from €229 to €3,332
- Gross operating margin +€50,535
up €50,535 (+1220.5%), from €4,141 to €54,675
- Taxes +€11,694
up €11,694 (+4082.9%), from €286 to €11,980
- Depreciation -€1,540
down €1,540 (-74.8%), from €2,058 to €518
- Financial charges -€1,112
down €1,112 (-92.2%), from €1,206 to €94
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 | €19,475 | €66,250 | +€46,776 | +240.2% |
| Fixed assets | 21/28 | €1,683 | €1,165 | -€518 | -30.8% |
| Tangible fixed assets | 22/27 | €1,683 | €1,165 | -€518 | -30.8% |
| Furniture and vehicles | 24 | €305 | €0 | -€305 | -100.0% |
| Other tangible fixed assets | 26 | €1,378 | €1,165 | -€213 | -15.5% |
| Current assets | 29/58 | €17,792 | €65,086 | +€47,293 | +265.8% |
| Amounts receivable within one year | 40/41 | €15,967 | €39,854 | +€23,888 | +149.6% |
| Trade receivables | 40 | €15,759 | €28,565 | +€12,805 | +81.3% |
| Other amounts receivable | 41 | €207 | €11,290 | +€11,083 | +5343.3% |
| Cash at bank and in hand | 54/58 | €1,586 | €25,164 | +€23,577 | +1486.2% |
| Deferred charges and accrued income | 490/1 | €239 | €68 | -€171 | -71.7% |
| Total equity and liabilities | 10/49 | €19,475 | €66,250 | +€46,776 | +240.2% |
| Equity | 10/15 | €5,466 | €9,521 | +€4,055 | +74.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €466 | €4,521 | +€4,055 | +869.9% |
| Amounts payable | 17/49 | €14,009 | €56,729 | +€42,721 | +305.0% |
| Amounts payable within one year | 42/48 | €14,009 | €56,729 | +€42,721 | +305.0% |
| Trade debts | 44 | €229 | €3,332 | +€3,103 | +1354.8% |
| Suppliers | 440/4 | €229 | €3,332 | +€3,103 | +1354.8% |
| Taxes, remuneration and social security | 45 | €432 | €15,898 | +€15,466 | +3580.2% |
| Taxes | 450/3 | €432 | €15,898 | +€15,466 | +3580.2% |
| Other amounts payable | 47/48 | €13,348 | €37,500 | +€24,152 | +180.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,058 | €518 | -€1,540 | -74.8% |
| Other operating charges | 640/8 | €387 | €547 | +€159 | +41.1% |
| Gross operating margin | 9900 | €4,141 | €54,675 | +€50,535 | +1220.5% |
| Operating profit (loss) | 9901 | €1,695 | €53,611 | +€51,915 | +3062.0% |
| Financial income | 75/76B | €1 | €19 | +€18 | +1784.0% |
| Recurring financial income | 75 | €1 | €19 | +€18 | +1784.0% |
| Financial charges | 65/66B | €1,206 | €94 | -€1,112 | -92.2% |
| Recurring financial charges | 65 | €1,206 | €94 | -€1,112 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | €490 | €53,535 | +€53,045 | +10818.9% |
| Income taxes | 67/77 | €286 | €11,980 | +€11,694 | +4082.9% |
| Profit (loss) for the period | 9904 | €204 | €41,555 | +€41,351 | +20281.0% |
| Profit (loss) for the period to be appropriated | 9905 | €204 | €41,555 | +€41,351 | +20281.0% |
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 7 October 2026 via checked.be.