NEWICON: 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.
What changed
NEWICON
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€146,731
2024 · €4.5m-€4.4m
Equity
€317,979
2024 · €171,248+€146,731
Cash
€1,791
2024 · €23,949-€22,158
Balance sheet total
€2.1m
2024 · €4.0m-€1.8m
Largest movements
Assets
- Receivables within one year -€1.9m
down €1.9m (-49.8%), from €3.8m to €1.9m
of which Other amounts receivable: -€1.4m
- Deferred charges and accrued income +€93,011
up €93,011 (+66.3%), from €140,300 to €233,312
Equity and liabilities
- Trade debts -€2.0m
down €2.0m (-96.6%), from €2.1m to €69,080
- Profit (loss) carried forward +€146,731
up €146,731 (+141.6%), from €103,598 to €250,329
Income statement
- Turnover -€17.8m
down €17.8m (-100.0%), from €17.8m to €0
- Goods and materials -€5.7m
down €5.7m (-100.0%), from €5.7m to €0
- Taxes -€1.6m
down €1.6m (-96.9%), from €1.7m to €53,424
- Services and other goods -€654,321
down €654,321 (-96.0%), from €681,528 to €27,207
- Other operating income +€339,121
up €339,121, from €0 to €339,121
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.
Result 2024
€4.5m
Turnover
-€17.8m
Other operating income
+€339,121
Goods and materials
+€5.7m
Services and other goods
+€654,321
Other operating charges
-€202,596
Other operating items
+€5.3m
Financial income
-€47,293
Financial charges
+€5,183
Taxes
+€1.6m
Result 2025
€146,731
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.
From operations
-€22,158
Investment
€0
Financing
€0
Cash 2024
€23,949
From operations (derived)
-€22,158
Net result for the year
+€146,731
Receivables within one year
+€1.9m
Deferred charges and accrued income
-€93,011
Trade debts
-€2.0m
Tax, wage and social debts
+€19,139
Cash 2025
€1,791
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,958,237 | €2,141,439 | -€1.8m | -45.9% |
| Current assets | 29/58 | €3,958,237 | €2,141,439 | -€1.8m | -45.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | - | = | |
| Property held for sale | 35 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,793,988 | €1,906,337 | -€1.9m | -49.8% |
| Trade receivables | 40 | €449,413 | €3,337 | -€446,076 | -99.3% |
| Other amounts receivable | 41 | €3,344,575 | €1,903,000 | -€1.4m | -43.1% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €23,949 | €1,791 | -€22,158 | -92.5% |
| Deferred charges and accrued income | 490/1 | €140,300 | €233,312 | +€93,011 | +66.3% |
| Total equity and liabilities | 10/49 | €3,958,237 | €2,141,439 | -€1.8m | -45.9% |
| Equity | 10/15 | €171,248 | €317,979 | +€146,731 | +85.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,598 | €250,329 | +€146,731 | +141.6% |
| Amounts payable | 17/49 | €3,786,989 | €1,823,460 | -€2.0m | -51.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other loans | 174 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,786,989 | €1,823,460 | -€2.0m | -51.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,051,747 | €69,080 | -€2.0m | -96.6% |
| Suppliers | 440/4 | €2,051,747 | €69,080 | -€2.0m | -96.6% |
| Taxes, remuneration and social security | 45 | €1,735,242 | €1,754,381 | +€19,139 | +1.1% |
| Taxes | 450/3 | €1,735,242 | €1,754,381 | +€19,139 | +1.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €12,468,168 | €339,121 | -€12.1m | -97.3% |
| Turnover | 70 | €17,773,455 | €0 | -€17.8m | -100.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€5,305,287 | €0 | +€5.3m | |
| Other operating income | 74 | €0 | €339,121 | +€339,121 | |
| Operating charges | 60/66A | €6,359,862 | €230,973 | -€6.1m | -96.4% |
| Goods for resale, raw materials and consumables | 60 | €5,677,165 | €0 | -€5.7m | -100.0% |
| Purchases | 600/8 | €5,677,165 | €0 | -€5.7m | -100.0% |
| Services and other goods | 61 | €681,528 | €27,207 | -€654,321 | -96.0% |
| Other operating charges | 640/8 | €1,169 | €203,766 | +€202,596 | +17325.4% |
| Operating profit (loss) | 9901 | €6,108,306 | €108,148 | -€6.0m | -98.2% |
| Financial income | 75/76B | €140,304 | €93,011 | -€47,293 | -33.7% |
| Recurring financial income | 75 | €140,304 | €93,011 | -€47,293 | -33.7% |
| Income from current assets | 751 | €140,300 | €93,011 | -€47,289 | -33.7% |
| Other financial income | 752/9 | €4 | €0 | -€4 | -100.0% |
| Financial charges | 65/66B | €6,187 | €1,005 | -€5,183 | -83.8% |
| Recurring financial charges | 65 | €6,187 | €1,005 | -€5,183 | -83.8% |
| Debt charges | 650 | €5,500 | €435 | -€5,065 | -92.1% |
| Other financial charges | 652/9 | €688 | €570 | -€118 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €6,242,422 | €200,155 | -€6.0m | -96.8% |
| Income taxes | 67/77 | €1,700,101 | €53,424 | -€1.6m | -96.9% |
| Taxes | 670/3 | €1,700,101 | €53,424 | -€1.6m | -96.9% |
| Profit (loss) for the period | 9904 | €4,542,321 | €146,731 | -€4.4m | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,542,321 | €146,731 | -€4.4m | -96.8% |
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.