NeWIN: 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.
What changed
NeWIN
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.8m
2024 · €3.3m-€517,620
Equity
€18.6m
2024 · €18.0m+€631,500
Cash
€309,050
2024 · €304,564+€4,486
Balance sheet total
€34.0m
2024 · €37.4m-€3.4m
Largest movements
Assets
- Receivables within one year -€12.6m
down €12.6m (-45.6%), from €27.6m to €15.0m
of which Other amounts receivable: -€7.5m
- Current investments +€10.0m
new in 2025: €10.0m
- Tangible fixed assets -€759,118
down €759,118 (-24.5%), from €3.1m to €2.3m
of which Plant, machinery and equipment: -€619,208
Equity and liabilities
- Trade debts -€2.4m
down €2.4m (-22.3%), from €10.6m to €8.2m
- Tax, wage and social debts -€838,737
down €838,737 (-16.0%), from €5.2m to €4.4m
of which Remuneration and social security: -€572,523
- Other debts -€756,246
down €756,246 (-26.2%), from €2.9m to €2.1m
Income statement
- Turnover -€5.6m
down €5.6m (-9.6%), from €57.9m to €52.4m
- Goods and materials -€3.5m
down €3.5m (-10.9%), from €32.4m to €28.8m
of which Purchases: -€3.7m
- Staff costs -€1.7m
down €1.7m (-10.9%), from €16.0m to €14.2m
- Services and other goods +€1.2m
up €1.2m (+26.0%), from €4.6m to €5.8m
- Taxes -€890,263
down €890,263 (-60.7%), from €1.5m to €575,435
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
€3.3m
Turnover
-€5.6m
Other operating income
+€45,285
Goods and materials
+€3.5m
Services and other goods
-€1.2m
Staff costs
+€1.7m
Depreciation
+€281,173
Write-downs
+€455,221
Provisions
+€381,716
Other operating charges
-€52,716
Other operating items
-€861,232
Financial income
-€165,408
Financial charges
-€1,718
Taxes
+€890,263
Result 2025
€2.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€13.1m
Investment
-€10.8m
Financing
-€2.3m
Cash 2024
€304,564
From operations (derived)
+€13.1m
Net result for the year
+€2.8m
Depreciation
+€1.6m
Stocks and contracts
+€77,970
Receivables within one year
+€12.6m
Deferred charges and accrued income
-€2,866
Provisions
-€190,858
Trade debts
-€2.4m
Tax, wage and social debts
-€838,737
Other debts
-€756,246
Accrued charges and deferred income
+€272,769
Investment (derived)
-€10.8m
Investment in fixed assets (net)
-€831,128
Current investments
-€10.0m
Financing
-€2.3m
Debts after one year
-€134,018
Current portion of long-term debt
+€3,216
Contributions, distributions and other
-€2.1m
Cash 2025
€309,050
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,393,478 | €34,015,004 | -€3.4m | -9.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €6,342,521 | €5,610,729 | -€731,792 | -11.5% |
| Intangible fixed assets | 21 | €171,186 | €198,512 | +€27,326 | +16.0% |
| Tangible fixed assets | 22/27 | €3,104,680 | €2,345,562 | -€759,118 | -24.5% |
| Plant, machinery and equipment | 23 | €2,755,204 | €2,135,996 | -€619,208 | -22.5% |
| Furniture and vehicles | 24 | €8,245 | €279 | -€7,966 | -96.6% |
| Leasing and similar rights | 25 | €334,697 | €205,137 | -€129,560 | -38.7% |
| Other tangible fixed assets | 26 | €6,534 | €4,150 | -€2,384 | -36.5% |
| Financial fixed assets | 28 | €3,066,655 | €3,066,655 | = | 0.0% |
| Affiliated companies | 280/1 | €3,053,000 | €3,053,000 | = | 0.0% |
| Participating interests | 280 | €3,053,000 | €3,053,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €13,655 | €13,655 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €13,655 | €13,655 | = | 0.0% |
| Current assets | 29/58 | €31,050,957 | €28,404,275 | -€2.6m | -8.5% |
| Stocks and contracts in progress | 3 | €525,493 | €447,523 | -€77,970 | -14.8% |
| Stocks | 30/36 | €319,361 | €207,568 | -€111,793 | -35.0% |
| Raw materials and consumables | 30/31 | €319,361 | €207,568 | -€111,793 | -35.0% |
| Contracts in progress | 37 | €206,132 | €239,955 | +€33,823 | +16.4% |
| Amounts receivable within one year | 40/41 | €27,575,353 | €14,999,289 | -€12.6m | -45.6% |
| Trade receivables | 40 | €14,815,851 | €9,740,075 | -€5.1m | -34.3% |
| Other amounts receivable | 41 | €12,759,502 | €5,259,214 | -€7.5m | -58.8% |
| Current investments | 50/53 | - | €10,000,000 | +€10.0m | |
| Other investments | 51/53 | - | €10,000,000 | +€10.0m | |
| Cash at bank and in hand | 54/58 | €304,564 | €309,050 | +€4,486 | +1.5% |
| Deferred charges and accrued income | 490/1 | €2,645,547 | €2,648,413 | +€2,866 | +0.1% |
| Total equity and liabilities | 10/49 | €37,393,478 | €34,015,004 | -€3.4m | -9.0% |
| Equity | 10/15 | €17,994,815 | €18,626,315 | +€631,500 | +3.5% |
| Contributions | 10/11 | €4,560,000 | €4,560,000 | = | 0.0% |
| Capital | 10 | €4,560,000 | €4,560,000 | = | 0.0% |
| Issued capital | 100 | €4,560,000 | €4,560,000 | = | 0.0% |
| Reserves | 13 | €1,508,970 | €1,824,720 | +€315,750 | +20.9% |
| Non-distributable reserves | 130/1 | €456,000 | €456,000 | = | 0.0% |
| Legal reserve | 130 | €456,000 | €456,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €126,300 | €442,050 | +€315,750 | +250% |
| Distributable reserves | 133 | €926,670 | €926,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,925,845 | €12,241,595 | +€315,750 | +2.6% |
| Provisions and deferred taxes | 16 | €190,858 | €0 | -€190,858 | -100% |
| Provisions for liabilities and charges | 160/5 | €190,858 | €0 | -€190,858 | -100% |
| Other liabilities and charges | 164/5 | €190,858 | €0 | -€190,858 | -100% |
| Amounts payable | 17/49 | €19,207,805 | €15,388,689 | -€3.8m | -19.9% |
| Amounts payable after more than one year | 17 | €213,711 | €79,693 | -€134,018 | -62.7% |
| Financial debts | 170/4 | €213,711 | €79,693 | -€134,018 | -62.7% |
| Leasing and similar obligations | 172 | €213,711 | €79,693 | -€134,018 | -62.7% |
| Amounts payable within one year | 42/48 | €18,829,313 | €14,871,446 | -€4.0m | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €130,801 | €134,017 | +€3,216 | +2.5% |
| Trade debts | 44 | €10,589,448 | €8,223,348 | -€2.4m | -22.3% |
| Suppliers | 440/4 | €10,589,448 | €8,223,348 | -€2.4m | -22.3% |
| Taxes, remuneration and social security | 45 | €5,227,025 | €4,388,288 | -€838,737 | -16.0% |
| Taxes | 450/3 | €1,025,600 | €759,386 | -€266,214 | -26.0% |
| Remuneration and social security | 454/9 | €4,201,425 | €3,628,902 | -€572,523 | -13.6% |
| Other amounts payable | 47/48 | €2,882,039 | €2,125,793 | -€756,246 | -26.2% |
| Accrued charges and deferred income | 492/3 | €164,781 | €437,550 | +€272,769 | +166% |
| Operating income | 70/76A | €60,288,995 | €53,746,690 | -€6.5m | -10.9% |
| Turnover | 70 | €57,942,033 | €52,353,960 | -€5.6m | -9.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€56,175 | €33,501 | +€89,676 | |
| Other operating income | 74 | €1,210,925 | €1,256,210 | +€45,285 | +3.7% |
| Non-recurring operating income | 76A | €1,192,212 | €103,019 | -€1.1m | -91.4% |
| Operating charges | 60/66A | €55,828,289 | €50,526,741 | -€5.3m | -9.5% |
| Goods for resale, raw materials and consumables | 60 | €32,388,154 | €28,842,640 | -€3.5m | -10.9% |
| Purchases | 600/8 | €32,393,473 | €28,676,444 | -€3.7m | -11.5% |
| Change in stocks: decrease (increase) | 609 | -€5,319 | €166,196 | +€171,515 | |
| Services and other goods | 61 | €4,564,147 | €5,750,193 | +€1.2m | +26.0% |
| Remuneration, social security and pensions | 62 | €15,965,455 | €14,227,054 | -€1.7m | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,844,093 | €1,562,920 | -€281,173 | -15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €644,861 | €189,640 | -€455,221 | -70.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €190,858 | -€190,858 | -€381,716 | |
| Other operating charges | 640/8 | €92,436 | €145,152 | +€52,716 | +57.0% |
| Non-recurring operating charges | 66A | €138,285 | €0 | -€138,285 | -100% |
| Operating profit (loss) | 9901 | €4,460,706 | €3,219,949 | -€1.2m | -27.8% |
| Financial income | 75/76B | €475,265 | €309,857 | -€165,408 | -34.8% |
| Recurring financial income | 75 | €475,265 | €309,857 | -€165,408 | -34.8% |
| Income from current assets | 751 | €435,953 | €308,036 | -€127,917 | -29.3% |
| Other financial income | 752/9 | €39,312 | €1,821 | -€37,491 | -95.4% |
| Financial charges | 65/66B | €197,605 | €199,323 | +€1,718 | +0.9% |
| Recurring financial charges | 65 | €197,605 | €199,323 | +€1,718 | +0.9% |
| Debt charges | 650 | €9,739 | €7,236 | -€2,503 | -25.7% |
| Other financial charges | 652/9 | €187,866 | €192,087 | +€4,221 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €4,738,366 | €3,330,483 | -€1.4m | -29.7% |
| Income taxes | 67/77 | €1,465,698 | €575,435 | -€890,263 | -60.7% |
| Taxes | 670/3 | €1,467,726 | €1,121,251 | -€346,475 | -23.6% |
| Tax adjustments and reversals of tax provisions | 77 | €2,028 | €545,816 | +€543,788 | +26,814% |
| Profit (loss) for the period | 9904 | €3,272,668 | €2,755,048 | -€517,620 | -15.8% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €315,750 | +€189,450 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €3,146,368 | €2,439,298 | -€707,070 | -22.5% |
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 19 October 2026 via checked.be.