NEWFINCO: 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.
NEWFINCO
Largest movements
- Current investments +€41,667
new in 2025: €41,667
- Cash -€38,885
down €38,885 (-5.0%), from €781,870 to €742,985
mainly Current investments (-€41,667) and Receivables within one year (-€22,917)
- Receivables within one year +€22,917
up €22,917 (+159%), from €14,428 to €37,345
of which Trade receivables: +€23,030
- Reserves +€25,454
up €25,454 (+16.8%), from €151,767 to €177,221
of which Tax-exempt reserves: +€175,361
- Gross operating margin -€23,848
down €23,848 (-14.9%), from €160,326 to €136,478
- Financial income +€15,230
up €15,230 (+2,391%), from €637 to €15,867
of which Financial income: +€15,230
- Taxes -€4,673
down €4,673 (-23.1%), from €20,191 to €15,518
- Staff costs +€3,250
up €3,250 (+3.3%), from €98,710 to €101,960
- Depreciation -€2,693
down €2,693 (-58.9%), from €4,571 to €1,878
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.
Derived cash bridge
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 | €799,288 | €828,866 | +€29,578 | +3.7% |
| Fixed assets | 21/28 | €2,990 | €6,869 | +€3,879 | +130% |
| Tangible fixed assets | 22/27 | €2,990 | €6,869 | +€3,879 | +130% |
| Plant, machinery and equipment | 23 | €236 | €55 | -€181 | -76.7% |
| Furniture and vehicles | 24 | €2,754 | €6,814 | +€4,060 | +147% |
| Current assets | 29/58 | €796,298 | €821,997 | +€25,699 | +3.2% |
| Amounts receivable within one year | 40/41 | €14,428 | €37,345 | +€22,917 | +159% |
| Trade receivables | 40 | €10,147 | €33,177 | +€23,030 | +227% |
| Other amounts receivable | 41 | €4,281 | €4,168 | -€113 | -2.6% |
| Current investments | 50/53 | - | €41,667 | +€41,667 | |
| Cash at bank and in hand | 54/58 | €781,870 | €742,985 | -€38,885 | -5.0% |
| Total equity and liabilities | 10/49 | €799,288 | €828,866 | +€29,578 | +3.7% |
| Equity | 10/15 | €760,964 | €792,468 | +€31,504 | +4.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,767 | €177,221 | +€25,454 | +16.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €175,361 | +€175,361 | |
| Distributable reserves | 133 | €149,907 | - | -€149,907 | |
| Profit (loss) carried forward | 14 | €596,797 | €602,847 | +€6,050 | +1.0% |
| Amounts payable | 17/49 | €38,324 | €36,398 | -€1,926 | -5.0% |
| Amounts payable within one year | 42/48 | €37,560 | €33,757 | -€3,803 | -10.1% |
| Trade debts | 44 | €9,195 | €7,209 | -€1,986 | -21.6% |
| Suppliers | 440/4 | €9,195 | €7,209 | -€1,986 | -21.6% |
| Taxes, remuneration and social security | 45 | €28,365 | €26,548 | -€1,817 | -6.4% |
| Taxes | 450/3 | €17,581 | €15,322 | -€2,259 | -12.8% |
| Remuneration and social security | 454/9 | €10,784 | €11,226 | +€442 | +4.1% |
| Accrued charges and deferred income | 492/3 | €764 | €2,641 | +€1,877 | +246% |
| Remuneration, social security and pensions | 62 | €98,710 | €101,960 | +€3,250 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,571 | €1,878 | -€2,693 | -58.9% |
| Gross operating margin | 9900 | €160,326 | €136,478 | -€23,848 | -14.9% |
| Operating profit (loss) | 9901 | €57,045 | €32,640 | -€24,405 | -42.8% |
| Financial income | 75/76B | €637 | €15,867 | +€15,230 | +2,391% |
| Recurring financial income | 75 | €637 | €15,867 | +€15,230 | +2,391% |
| Non-recurring financial income | 76B | €637 | €15,867 | +€15,230 | +2,391% |
| Financial charges | 65/66B | €692 | €1,485 | +€793 | +115% |
| Recurring financial charges | 65 | €692 | €1,485 | +€793 | +115% |
| Non-recurring financial charges | 66B | - | €1,485 | +€1,485 | |
| Profit (loss) for the period before taxes | 9903 | €56,990 | €47,022 | -€9,968 | -17.5% |
| Income taxes | 67/77 | €20,191 | €15,518 | -€4,673 | -23.1% |
| Profit (loss) for the period | 9904 | €36,799 | €31,504 | -€5,295 | -14.4% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €36,799 | €31,504 | -€5,295 | -14.4% |
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 28 October 2026 via checked.be.