NEWPORT PROJECTS: 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.
NEWPORT PROJECTS
Largest movements
- Tangible fixed assets -€298,604
down €298,604 (-39.1%), from €763,637 to €465,034
- Receivables within one year +€98,429
up €98,429 (+224.3%), from €43,874 to €142,303
- Short-term financial debts -€271,856
down €271,856 (-44.6%), from €608,929 to €337,073
- Profit (loss) carried forward +€52,509
no longer reported in 2024 (was -€52,509)
- Reserves +€26,633
new in 2024: €26,633
- Trade debts -€14,249
down €14,249 (-77.3%), from €18,429 to €4,180
- Gross operating margin +€107,852
up €107,852 (+592.2%), from €18,211 to €126,063
- Depreciation -€4,578
down €4,578 (-27.0%), from €16,987 to €12,408
- Other operating charges -€2,624
down €2,624 (-41.2%), from €6,369 to €3,745
- Taxes +€2,597
new in 2024: €2,597
- Financial charges -€1,350
down €1,350 (-4.5%), from €29,785 to €28,435
From the 2023 result to the 2024 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.
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €816,933 | €616,766 | -€200,167 | -24.5% |
| Fixed assets | 21/28 | €763,637 | €465,034 | -€298,604 | -39.1% |
| Tangible fixed assets | 22/27 | €763,637 | €465,034 | -€298,604 | -39.1% |
| Land and buildings | 22 | €763,637 | €465,034 | -€298,604 | -39.1% |
| Current assets | 29/58 | €53,295 | €151,732 | +€98,437 | +184.7% |
| Stocks and contracts in progress | 3 | €9,286 | €9,286 | = | 0.0% |
| Stocks | 30/36 | €9,286 | €9,286 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,874 | €142,303 | +€98,429 | +224.3% |
| Other amounts receivable | 41 | €43,874 | €142,303 | +€98,429 | +224.3% |
| Deferred charges and accrued income | 490/1 | €136 | €144 | +€8 | +5.9% |
| Total equity and liabilities | 10/49 | €816,933 | €616,766 | -€200,167 | -24.5% |
| Equity | 10/15 | -€32,509 | €46,633 | +€79,142 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €26,633 | +€26,633 | |
| Distributable reserves | 133 | - | €26,633 | +€26,633 | |
| Profit (loss) carried forward | 14 | -€52,509 | - | +€52,509 | |
| Amounts payable | 17/49 | €849,442 | €570,134 | -€279,308 | -32.9% |
| Amounts payable within one year | 42/48 | €849,442 | €570,134 | -€279,308 | -32.9% |
| Financial debts | 43 | €608,929 | €337,073 | -€271,856 | -44.6% |
| Credit institutions | 430/8 | €608,929 | €337,073 | -€271,856 | -44.6% |
| Trade debts | 44 | €18,429 | €4,180 | -€14,249 | -77.3% |
| Suppliers | 440/4 | €18,429 | €4,180 | -€14,249 | -77.3% |
| Taxes, remuneration and social security | 45 | - | €2,597 | +€2,597 | |
| Taxes | 450/3 | - | €2,597 | +€2,597 | |
| Other amounts payable | 47/48 | €222,084 | €226,284 | +€4,200 | +1.9% |
| Non-recurring operating income | 76A | - | €115,169 | +€115,169 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,987 | €12,408 | -€4,578 | -27.0% |
| Other operating charges | 640/8 | €6,369 | €3,745 | -€2,624 | -41.2% |
| Gross operating margin | 9900 | €18,211 | €126,063 | +€107,852 | +592.2% |
| Operating profit (loss) | 9901 | -€5,145 | €109,910 | +€115,054 | |
| Financial income | 75/76B | - | €264 | +€264 | |
| Recurring financial income | 75 | - | €264 | +€264 | |
| Financial charges | 65/66B | €29,785 | €28,435 | -€1,350 | -4.5% |
| Recurring financial charges | 65 | €29,785 | €28,435 | -€1,350 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,929 | €81,739 | +€116,668 | |
| Income taxes | 67/77 | - | €2,597 | +€2,597 | |
| Profit (loss) for the period | 9904 | -€34,929 | €79,142 | +€114,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,929 | €79,142 | +€114,071 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.