Skip to content

NEWOFFICE CONSTRUCT: 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

NEWOFFICE CONSTRUCT

BE 0745.728.575
NACE 43.320, Joinery installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€40,296
2024 · €52,072-€11,777
Equity
€220,924
2024 · €180,628+€40,296
Cash
€143,697
2024 · €104,387+€39,311
Balance sheet total
€268,641
2024 · €230,374+€38,267

Largest movements

2024 to 2025
Assets
  • Cash +€39,311

    up €39,311 (+37.7%), from €104,387 to €143,697

    mainly Net result for the year (+€40,296) and Depreciation (+€10,545)

  • Tangible fixed assets -€5,575

    down €5,575 (-37.7%), from €14,776 to €9,201

    of which Furniture and vehicles: -€5,280

  • Deferred charges and accrued income +€3,839

    up €3,839 (+52.6%), from €7,304 to €11,143

Equity and liabilities
  • Reserves +€40,000

    up €40,000 (+27.8%), from €144,000 to €184,000

  • Debts after one year -€8,184

    down €8,184 (-69.5%), from €11,771 to €3,587

  • Tax, wage and social debts +€3,778

    up €3,778 (+14.3%), from €26,419 to €30,197

    of which Remuneration and social security: +€5,393

Income statement
  • Gross operating margin -€12,047

    down €12,047 (-9.9%), from €122,019 to €109,972

  • Taxes -€4,290

    down €4,290 (-18.7%), from €22,974 to €18,684

  • Financial charges +€2,279

    up €2,279 (+85.5%), from €2,666 to €4,945

From the 2024 result to the 2025 result

effect on the 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 €52,072
Gross operating margin -€12,047
Staff costs -€1,191
Depreciation +€307
Other operating charges -€476
Other operating items -€537
Financial income +€156
Financial charges -€2,279
Taxes +€4,290
Result 2025 €40,296

Cash bridge derived

cash 2024 to 2025

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 +€52,613
Investment -€4,971
Financing -€8,331
Cash 2024 €104,387
Net result for the year +€40,296
Depreciation +€10,545
Receivables within one year -€693
Deferred charges and accrued income -€3,839
Trade debts +€383
Tax, wage and social debts +€3,778
Accrued charges and deferred income +€2,142
Investment in fixed assets (net) -€4,971
Debts after one year -€8,184
Current portion of long-term debt -€155
Short-term financial debts +€8
Cash 2025 €143,697
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €230,374 €268,641 +€38,267 +16.6%
Fixed assets 21/28 €17,776 €12,201 -€5,575 -31.4%
Tangible fixed assets 22/27 €14,776 €9,201 -€5,575 -37.7%
Plant, machinery and equipment 23 €321 €27 -€295 -91.7%
Furniture and vehicles 24 €14,454 €9,174 -€5,280 -36.5%
Financial fixed assets 28 €3,000 €3,000 = 0.0%
Current assets 29/58 €212,598 €256,440 +€43,842 +20.6%
Amounts receivable within one year 40/41 €100,907 €101,600 +€693 +0.7%
Trade receivables 40 €80,019 €78,301 -€1,719 -2.1%
Other amounts receivable 41 €20,888 €23,300 +€2,411 +11.5%
Cash at bank and in hand 54/58 €104,387 €143,697 +€39,311 +37.7%
Deferred charges and accrued income 490/1 €7,304 €11,143 +€3,839 +52.6%
Total equity and liabilities 10/49 €230,374 €268,641 +€38,267 +16.6%
Equity 10/15 €180,628 €220,924 +€40,296 +22.3%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €144,000 €184,000 +€40,000 +27.8%
Distributable reserves 133 €144,000 €184,000 +€40,000 +27.8%
Profit (loss) carried forward 14 €33,628 €33,924 +€296 +0.9%
Amounts payable 17/49 €49,746 €47,718 -€2,028 -4.1%
Amounts payable after more than one year 17 €11,771 €3,587 -€8,184 -69.5%
Financial debts 170/4 €11,771 €3,587 -€8,184 -69.5%
Amounts payable within one year 42/48 €37,975 €41,989 +€4,014 +10.6%
Current portion of amounts payable after more than one year 42 €8,339 €8,184 -€155 -1.9%
Financial debts 43 €1,792 €1,800 +€8 +0.4%
Credit institutions 430/8 €0 - =
Other loans 439 €1,792 €1,800 +€8 +0.4%
Trade debts 44 €1,424 €1,807 +€383 +26.9%
Suppliers 440/4 €1,424 €1,807 +€383 +26.9%
Taxes, remuneration and social security 45 €26,419 €30,197 +€3,778 +14.3%
Taxes 450/3 €9,630 €8,014 -€1,615 -16.8%
Remuneration and social security 454/9 €16,790 €22,183 +€5,393 +32.1%
Accrued charges and deferred income 492/3 - €2,142 +€2,142
Remuneration, social security and pensions 62 €33,037 €34,227 +€1,191 +3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,852 €10,545 -€307 -2.8%
Other operating charges 640/8 €1,168 €1,643 +€476 +40.8%
Non-recurring operating charges 66A - €537 +€537
Gross operating margin 9900 €122,019 €109,972 -€12,047 -9.9%
Operating profit (loss) 9901 €76,962 €63,019 -€13,943 -18.1%
Financial income 75/76B €750 €906 +€156 +20.8%
Recurring financial income 75 €750 €906 +€156 +20.8%
Financial charges 65/66B €2,666 €4,945 +€2,279 +85.5%
Recurring financial charges 65 €2,666 €4,945 +€2,279 +85.5%
Profit (loss) for the period before taxes 9903 €75,046 €58,979 -€16,067 -21.4%
Income taxes 67/77 €22,974 €18,684 -€4,290 -18.7%
Profit (loss) for the period 9904 €52,072 €40,296 -€11,777 -22.6%
Profit (loss) for the period to be appropriated 9905 €52,072 €40,296 -€11,777 -22.6%

Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.