Newmo Westerlo: 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.
Newmo Westerlo
Largest movements
- Tangible fixed assets -€72,839
down €72,839 (-4.0%), from €1.8m to €1.8m
of which Land and buildings: -€72,839
- Receivables within one year -€47,918
down €47,918 (-54.1%), from €88,500 to €40,582
of which Trade receivables: -€50,550
- Profit (loss) carried forward -€153,787
down €153,787 (-22.6%), from -€679,963 to -€833,749
- Short-term financial debts +€122,685
up €122,685 (+12.5%), from €981,585 to €1.1m
- Debts after one year -€97,025
down €97,025 (-23.9%), from €405,975 to €308,950
- Gross operating margin -€229,157
down €229,157, from €224,488 to -€4,670
- Financial charges -€12,010
down €12,010 (-16.6%), from €72,315 to €60,304
- Other operating charges +€10,406
up €10,406 (+187%), from €5,568 to €15,974
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
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 | €1,917,304 | €1,796,548 | -€120,756 | -6.3% |
| Fixed assets | 21/28 | €1,828,804 | €1,755,966 | -€72,839 | -4.0% |
| Tangible fixed assets | 22/27 | €1,828,804 | €1,755,966 | -€72,839 | -4.0% |
| Land and buildings | 22 | €1,828,804 | €1,755,966 | -€72,839 | -4.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €88,500 | €40,582 | -€47,918 | -54.1% |
| Amounts receivable within one year | 40/41 | €88,500 | €40,582 | -€47,918 | -54.1% |
| Trade receivables | 40 | €88,500 | €37,950 | -€50,550 | -57.1% |
| Other amounts receivable | 41 | - | €2,632 | +€2,632 | |
| Total equity and liabilities | 10/49 | €1,917,304 | €1,796,548 | -€120,756 | -6.3% |
| Equity | 10/15 | €418,650 | €264,863 | -€153,787 | -36.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Revaluation surpluses | 12 | €363,710 | €363,710 | = | 0.0% |
| Reserves | 13 | €234,903 | €234,903 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,611 | €1,611 | = | 0.0% |
| Legal reserve | 130 | €1,611 | €1,611 | = | 0.0% |
| Tax-exempt reserves | 132 | €233,292 | €233,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€679,963 | -€833,749 | -€153,787 | -22.6% |
| Amounts payable | 17/49 | €1,498,654 | €1,531,684 | +€33,030 | +2.2% |
| Amounts payable after more than one year | 17 | €405,975 | €308,950 | -€97,025 | -23.9% |
| Financial debts | 170/4 | €405,975 | €308,950 | -€97,025 | -23.9% |
| Amounts payable within one year | 42/48 | €1,092,679 | €1,216,823 | +€124,145 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €92,469 | €97,025 | +€4,556 | +4.9% |
| Financial debts | 43 | €981,585 | €1,104,269 | +€122,685 | +12.5% |
| Other loans | 439 | €981,585 | €1,104,269 | +€122,685 | +12.5% |
| Trade debts | 44 | €6,616 | €15,529 | +€8,913 | +135% |
| Suppliers | 440/4 | €6,616 | €15,529 | +€8,913 | +135% |
| Taxes, remuneration and social security | 45 | €12,009 | €0 | -€12,009 | -100% |
| Taxes | 450/3 | €12,009 | €0 | -€12,009 | -100% |
| Accrued charges and deferred income | 492/3 | - | €5,911 | +€5,911 | |
| Non-recurring operating income | 76A | €121 | €0 | -€121 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,953 | €72,839 | -€114 | -0.2% |
| Other operating charges | 640/8 | €5,568 | €15,974 | +€10,406 | +187% |
| Gross operating margin | 9900 | €224,488 | -€4,670 | -€229,157 | |
| Operating profit (loss) | 9901 | €145,967 | -€93,482 | -€239,449 | |
| Financial income | 75/76B | €555 | €0 | -€555 | -100% |
| Recurring financial income | 75 | €555 | €0 | -€555 | -100% |
| Financial charges | 65/66B | €72,315 | €60,304 | -€12,010 | -16.6% |
| Recurring financial charges | 65 | €72,315 | €60,304 | -€12,010 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €74,207 | -€153,787 | -€227,993 | |
| Profit (loss) for the period | 9904 | €74,207 | -€153,787 | -€227,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,207 | -€153,787 | -€227,993 |
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 15 October 2026 via checked.be.