NEWMO: 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
NEWMO
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€71,164
2024 · €305,824-€376,988
Equity
€2.8m
2024 · €2.9m-€71,164
Cash
-
not filed
Balance sheet total
€12.7m
2024 · €13.2m-€574,268
Largest movements
Assets
- Tangible fixed assets -€641,236
down €641,236 (-4.9%), from €13.0m to €12.3m
of which Land and buildings: -€796,470
Equity and liabilities
- Debts after one year -€533,335
down €533,335 (-11.9%), from €4.5m to €3.9m
Income statement
- Gross operating margin -€535,736
down €535,736 (-32.8%), from €1.6m to €1.1m
- Financial charges -€129,297
down €129,297 (-33.5%), from €386,397 to €257,100
- Taxes -€105,837
down €105,837 (-70.9%), from €149,320 to €43,483
- Other operating charges -€72,958
down €72,958 (-49.2%), from €148,323 to €75,365
- Depreciation +€61,239
up €61,239 (+9.2%), from €664,033 to €725,272
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
€305,824
Gross operating margin
-€535,736
Depreciation
-€61,239
Other operating charges
+€72,958
Other operating items
-€91,271
Financial income
-€236
Financial charges
+€129,297
Taxes
+€105,837
Deferred taxes and other
+€3,402
Result 2025
-€71,164
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,233,663 | €12,659,396 | -€574,268 | -4.3% |
| Fixed assets | 21/28 | €13,062,828 | €12,421,592 | -€641,236 | -4.9% |
| Tangible fixed assets | 22/27 | €12,984,733 | €12,343,497 | -€641,236 | -4.9% |
| Land and buildings | 22 | €11,339,335 | €10,542,865 | -€796,470 | -7.0% |
| Plant, machinery and equipment | 23 | €394,427 | €349,625 | -€44,802 | -11.4% |
| Other tangible fixed assets | 26 | €843,027 | €842,300 | -€727 | -0.1% |
| Assets under construction and advance payments | 27 | €407,943 | €608,706 | +€200,763 | +49.2% |
| Financial fixed assets | 28 | €78,095 | €78,095 | = | 0.0% |
| Current assets | 29/58 | €170,836 | €237,804 | +€66,968 | +39.2% |
| Amounts receivable within one year | 40/41 | €167,833 | €237,804 | +€69,971 | +41.7% |
| Trade receivables | 40 | €154,167 | €206,200 | +€52,033 | +33.8% |
| Other amounts receivable | 41 | €13,666 | €31,604 | +€17,938 | +131.3% |
| Deferred charges and accrued income | 490/1 | €3,003 | - | -€3,003 | |
| Total equity and liabilities | 10/49 | €13,233,663 | €12,659,396 | -€574,268 | -4.3% |
| Equity | 10/15 | €2,857,862 | €2,786,698 | -€71,164 | -2.5% |
| Contributions | 10/11 | €122,601 | €122,601 | = | 0.0% |
| Capital | 10 | €122,601 | €122,601 | = | 0.0% |
| Issued capital | 100 | €122,601 | €122,601 | = | 0.0% |
| Outside capital | 11 | €0 | - | = | |
| Other | 1109/19 | €0 | - | = | |
| Reserves | 13 | €2,735,261 | €2,664,097 | -€71,164 | -2.6% |
| Non-distributable reserves | 130/1 | €16,818 | €16,818 | = | 0.0% |
| Legal reserve | 130 | €12,260 | €12,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,558 | €4,558 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,902,349 | €1,829,743 | -€72,606 | -3.8% |
| Distributable reserves | 133 | €816,094 | €817,536 | +€1,442 | +0.2% |
| Provisions and deferred taxes | 16 | €590,505 | €566,303 | -€24,202 | -4.1% |
| Deferred taxes | 168 | €590,505 | €566,303 | -€24,202 | -4.1% |
| Amounts payable | 17/49 | €9,785,296 | €9,306,394 | -€478,902 | -4.9% |
| Amounts payable after more than one year | 17 | €4,467,971 | €3,934,636 | -€533,335 | -11.9% |
| Financial debts | 170/4 | €4,467,971 | €3,934,636 | -€533,335 | -11.9% |
| Amounts payable within one year | 42/48 | €5,296,840 | €5,352,193 | +€55,353 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €530,332 | €533,335 | +€3,003 | +0.6% |
| Financial debts | 43 | €4,488,126 | €4,619,631 | +€131,505 | +2.9% |
| Other loans | 439 | €4,488,126 | €4,619,631 | +€131,505 | +2.9% |
| Trade debts | 44 | €252,872 | €199,227 | -€53,645 | -21.2% |
| Suppliers | 440/4 | €252,872 | €199,227 | -€53,645 | -21.2% |
| Taxes, remuneration and social security | 45 | €25,510 | - | -€25,510 | |
| Taxes | 450/3 | €25,510 | - | -€25,510 | |
| Accrued charges and deferred income | 492/3 | €20,485 | €19,565 | -€920 | -4.5% |
| Non-recurring operating income | 76A | €102,494 | €73,266 | -€29,227 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664,033 | €725,272 | +€61,239 | +9.2% |
| Other operating charges | 640/8 | €148,323 | €75,365 | -€72,958 | -49.2% |
| Non-recurring operating charges | 66A | - | €91,271 | +€91,271 | |
| Gross operating margin | 9900 | €1,632,862 | €1,097,126 | -€535,736 | -32.8% |
| Operating profit (loss) | 9901 | €820,506 | €205,217 | -€615,289 | -75.0% |
| Financial income | 75/76B | €236 | - | -€236 | |
| Recurring financial income | 75 | €236 | - | -€236 | |
| Financial charges | 65/66B | €386,397 | €257,100 | -€129,297 | -33.5% |
| Recurring financial charges | 65 | €386,397 | €257,100 | -€129,297 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €434,345 | -€51,882 | -€486,227 | |
| Transfer from deferred taxes | 780 | €20,800 | €24,202 | +€3,402 | +16.4% |
| Income taxes | 67/77 | €149,320 | €43,483 | -€105,837 | -70.9% |
| Profit (loss) for the period | 9904 | €305,824 | -€71,164 | -€376,988 | |
| Transfer from tax-exempt reserves | 789 | €62,399 | €72,606 | +€10,207 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €368,223 | €1,442 | -€366,782 | -99.6% |
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 3 October 2026 via checked.be.