NEWMARCO: 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.
NEWMARCO
Largest movements
- Receivables within one year -€55,006
down €55,006 (-81.6%), from €67,433 to €12,427
of which Trade receivables: -€54,706
- Cash +€14,009
up €14,009 (+691%), from €2,027 to €16,037
mainly Other debts (+€75,607) and Receivables within one year (+€55,006)
- Tangible fixed assets -€4,680
down €4,680 (-25.2%), from €18,544 to €13,865
of which Furniture and vehicles: -€3,843
- Profit (loss) carried forward -€114,939
down €114,939 (-38.5%), from -€298,194 to -€413,133
- Other debts +€75,607
up €75,607 (+55.7%), from €135,828 to €211,435
- Trade debts -€59,541
down €59,541 (-46.4%), from €128,318 to €68,777
- Tax, wage and social debts +€30,321
up €30,321 (+25.6%), from €118,301 to €148,622
of which Remuneration and social security: +€17,734
- Debts after one year +€15,000
new in 2025: €15,000
- Gross operating margin +€54,846
up €54,846 (+21.3%), from €257,042 to €311,888
- Staff costs +€42,049
up €42,049 (+12.1%), from €347,785 to €389,834
- Other operating charges +€10,313
up €10,313 (+131%), from €7,890 to €18,203
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 | €111,532 | €65,862 | -€45,670 | -40.9% |
| Formation expenses | 20 | €1,076 | €659 | -€417 | -38.7% |
| Fixed assets | 21/28 | €18,544 | €13,865 | -€4,680 | -25.2% |
| Tangible fixed assets | 22/27 | €18,544 | €13,865 | -€4,680 | -25.2% |
| Furniture and vehicles | 24 | €11,157 | €7,315 | -€3,843 | -34.4% |
| Other tangible fixed assets | 26 | €7,387 | €6,550 | -€837 | -11.3% |
| Current assets | 29/58 | €91,912 | €51,338 | -€40,573 | -44.1% |
| Stocks and contracts in progress | 3 | €22,185 | €21,977 | -€208 | -0.9% |
| Stocks | 30/36 | €22,185 | €21,977 | -€208 | -0.9% |
| Amounts receivable within one year | 40/41 | €67,433 | €12,427 | -€55,006 | -81.6% |
| Trade receivables | 40 | €66,460 | €11,754 | -€54,706 | -82.3% |
| Other amounts receivable | 41 | €973 | €672 | -€300 | -30.9% |
| Cash at bank and in hand | 54/58 | €2,027 | €16,037 | +€14,009 | +691% |
| Deferred charges and accrued income | 490/1 | €267 | €898 | +€631 | +237% |
| Total equity and liabilities | 10/49 | €111,532 | €65,862 | -€45,670 | -40.9% |
| Equity | 10/15 | -€292,194 | -€407,133 | -€114,939 | -39.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€298,194 | -€413,133 | -€114,939 | -38.5% |
| Amounts payable | 17/49 | €403,726 | €472,995 | +€69,269 | +17.2% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Financial debts | 170/4 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €382,447 | €428,834 | +€46,387 | +12.1% |
| Trade debts | 44 | €128,318 | €68,777 | -€59,541 | -46.4% |
| Suppliers | 440/4 | €128,318 | €68,777 | -€59,541 | -46.4% |
| Taxes, remuneration and social security | 45 | €118,301 | €148,622 | +€30,321 | +25.6% |
| Taxes | 450/3 | €31,447 | €44,034 | +€12,587 | +40.0% |
| Remuneration and social security | 454/9 | €86,854 | €104,588 | +€17,734 | +20.4% |
| Other amounts payable | 47/48 | €135,828 | €211,435 | +€75,607 | +55.7% |
| Accrued charges and deferred income | 492/3 | €21,279 | €29,162 | +€7,882 | +37.0% |
| Remuneration, social security and pensions | 62 | €347,785 | €389,834 | +€42,049 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,843 | €5,675 | -€168 | -2.9% |
| Other operating charges | 640/8 | €7,890 | €18,203 | +€10,313 | +131% |
| Gross operating margin | 9900 | €257,042 | €311,888 | +€54,846 | +21.3% |
| Operating profit (loss) | 9901 | -€104,476 | -€101,823 | +€2,653 | +2.5% |
| Financial income | 75/76B | €36 | €542 | +€505 | +1,391% |
| Recurring financial income | 75 | €36 | €542 | +€505 | +1,391% |
| Financial charges | 65/66B | €10,332 | €13,144 | +€2,811 | +27.2% |
| Recurring financial charges | 65 | €10,332 | €13,144 | +€2,811 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€114,772 | -€114,425 | +€347 | +0.3% |
| Income taxes | 67/77 | €516 | €515 | -€1 | -0.2% |
| Profit (loss) for the period | 9904 | -€115,287 | -€114,939 | +€348 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€115,287 | -€114,939 | +€348 | +0.3% |
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 14 October 2026 via checked.be.