NewGov: 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.
NewGov
Largest movements
- Cash +€5,037
up €5,037 (+107.6%), from €4,682 to €9,719
mainly Depreciation (+€5,599) and Other debts (+€3,910)
- Receivables within one year -€574
down €574 (-85.4%), from €672 to €98
- Other debts +€3,910
up €3,910 (+80.9%), from €4,834 to €8,744
- Tax, wage and social debts -€2,272
down €2,272 (-70.1%), from €3,242 to €970
- Profit (loss) carried forward +€1,907
up €1,907 (+26.2%), from €7,267 to €9,174
- Short-term financial debts +€1,021
up €1,021 (+71.8%), from €1,422 to €2,443
- Gross operating margin +€4,838
up €4,838 (+128.3%), from €3,772 to €8,610
- Depreciation +€606
up €606 (+12.1%), from €4,993 to €5,599
- Other operating charges -€475
down €475 (-32.6%), from €1,456 to €981
- Taxes -€98
down €98 (-76.6%), from €128 to €30
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 | €19,385 | €23,924 | +€4,539 | +23.4% |
| Fixed assets | 21/28 | €13,285 | €13,377 | +€92 | +0.7% |
| Tangible fixed assets | 22/27 | €13,185 | €13,277 | +€92 | +0.7% |
| Plant, machinery and equipment | 23 | €8,832 | €10,139 | +€1,307 | +14.8% |
| Furniture and vehicles | 24 | €4,353 | €3,138 | -€1,215 | -27.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €6,100 | €10,547 | +€4,447 | +72.9% |
| Amounts receivable within one year | 40/41 | €672 | €98 | -€574 | -85.4% |
| Other amounts receivable | 41 | €672 | €98 | -€574 | -85.4% |
| Cash at bank and in hand | 54/58 | €4,682 | €9,719 | +€5,037 | +107.6% |
| Deferred charges and accrued income | 490/1 | €746 | €730 | -€16 | -2.1% |
| Total equity and liabilities | 10/49 | €19,385 | €23,924 | +€4,539 | +23.4% |
| Equity | 10/15 | €9,767 | €11,674 | +€1,907 | +19.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,267 | €9,174 | +€1,907 | +26.2% |
| Amounts payable | 17/49 | €9,618 | €12,250 | +€2,632 | +27.4% |
| Amounts payable within one year | 42/48 | €9,618 | €12,250 | +€2,632 | +27.4% |
| Financial debts | 43 | €1,422 | €2,443 | +€1,021 | +71.8% |
| Credit institutions | 430/8 | €1,422 | €2,443 | +€1,021 | +71.8% |
| Trade debts | 44 | €120 | €93 | -€27 | -22.5% |
| Suppliers | 440/4 | €120 | €93 | -€27 | -22.5% |
| Taxes, remuneration and social security | 45 | €3,242 | €970 | -€2,272 | -70.1% |
| Taxes | 450/3 | €3,242 | €970 | -€2,272 | -70.1% |
| Other amounts payable | 47/48 | €4,834 | €8,744 | +€3,910 | +80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,993 | €5,599 | +€606 | +12.1% |
| Other operating charges | 640/8 | €1,456 | €981 | -€475 | -32.6% |
| Gross operating margin | 9900 | €3,772 | €8,610 | +€4,838 | +128.3% |
| Operating profit (loss) | 9901 | -€2,677 | €2,030 | +€4,707 | |
| Financial charges | 65/66B | €90 | €93 | +€3 | +3.3% |
| Recurring financial charges | 65 | €90 | €93 | +€3 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,767 | €1,937 | +€4,704 | |
| Income taxes | 67/77 | €128 | €30 | -€98 | -76.6% |
| Profit (loss) for the period | 9904 | -€2,895 | €1,907 | +€4,802 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,895 | €1,907 | +€4,802 |
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 6 October 2026 via checked.be.