NEWQUAY PROPERTIES: 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.
What changed
NEWQUAY PROPERTIES
NACE 55.100, Hotels and similar accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€43,698
2024 · -€145,340+€189,038
Equity
€4.4m
2024 · €4.5m-€88,573
Cash
€151,915
2024 · €291,201-€139,286
Balance sheet total
€10.2m
2024 · €10.2m-€85,287
Largest movements
Assets
- Cash -€139,286
down €139,286 (-47.8%), from €291,201 to €151,915
mainly Investment in fixed assets (net) (-€444,444) and Contributions, distributions and other (-€132,272)
Equity and liabilities
- Revaluation surpluses -€132,272
down €132,272 (-1.6%), from €8.1m to €7.9m
Income statement
- Gross operating margin +€647,242
up €647,242 (+86.2%), from €750,678 to €1.4m
- Financial charges +€253,961
up €253,961 (+132%), from €192,180 to €446,140
- Depreciation +€190,093
up €190,093 (+91.7%), from €207,325 to €397,418
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
-€145,340
Gross operating margin
+€647,242
Staff costs
-€6,847
Depreciation
-€190,093
Other operating charges
-€7,010
Financial income
-€293
Financial charges
-€253,961
Result 2025
€43,698
raises the resultlowers the result
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.
From operations
+€355,892
Investment
-€444,444
Financing
-€50,733
Cash 2024
€291,201
From operations (derived)
+€355,892
Net result for the year
+€43,698
Depreciation
+€397,418
Receivables within one year
-€1,843
Deferred charges and accrued income
-€5,129
Trade debts
+€2,589
Tax, wage and social debts
-€18,955
Other debts
-€61,886
Investment (derived)
-€444,444
Investment in fixed assets (net)
-€444,444
Financing
-€50,733
Debts after one year
+€37,067
Current portion of long-term debt
+€44,472
Contributions, distributions and other
-€132,272
Cash 2025
€151,915
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,243,877 | €10,158,589 | -€85,287 | -0.8% |
| Fixed assets | 21/28 | €9,931,016 | €9,978,042 | +€47,026 | +0.5% |
| Intangible fixed assets | 21 | €18,137 | €13,353 | -€4,784 | -26.4% |
| Tangible fixed assets | 22/27 | €9,911,764 | €9,963,574 | +€51,810 | +0.5% |
| Land and buildings | 22 | €9,799,463 | €9,864,152 | +€64,689 | +0.7% |
| Plant, machinery and equipment | 23 | €242 | €136 | -€106 | -43.8% |
| Furniture and vehicles | 24 | €112,058 | €99,286 | -€12,773 | -11.4% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €312,861 | €180,547 | -€132,314 | -42.3% |
| Amounts receivable within one year | 40/41 | €20,761 | €22,605 | +€1,843 | +8.9% |
| Trade receivables | 40 | €17,824 | €19,891 | +€2,067 | +11.6% |
| Other amounts receivable | 41 | €2,937 | €2,714 | -€224 | -7.6% |
| Cash at bank and in hand | 54/58 | €291,201 | €151,915 | -€139,286 | -47.8% |
| Deferred charges and accrued income | 490/1 | €898 | €6,027 | +€5,129 | +571% |
| Total equity and liabilities | 10/49 | €10,243,877 | €10,158,589 | -€85,287 | -0.8% |
| Equity | 10/15 | €4,450,644 | €4,362,070 | -€88,573 | -2.0% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €8,080,521 | €7,948,249 | -€132,272 | -1.6% |
| Profit (loss) carried forward | 14 | -€5,629,877 | -€5,586,179 | +€43,698 | +0.8% |
| Amounts payable | 17/49 | €5,793,233 | €5,796,519 | +€3,286 | +0.1% |
| Amounts payable after more than one year | 17 | €4,885,299 | €4,922,366 | +€37,067 | +0.8% |
| Financial debts | 170/4 | €4,885,299 | €4,922,366 | +€37,067 | +0.8% |
| Amounts payable within one year | 42/48 | €907,934 | €874,154 | -€33,780 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €244,701 | €289,173 | +€44,472 | +18.2% |
| Trade debts | 44 | €107,527 | €110,116 | +€2,589 | +2.4% |
| Suppliers | 440/4 | €107,527 | €110,116 | +€2,589 | +2.4% |
| Taxes, remuneration and social security | 45 | €93,706 | €74,751 | -€18,955 | -20.2% |
| Taxes | 450/3 | €3,022 | €2,353 | -€668 | -22.1% |
| Remuneration and social security | 454/9 | €90,684 | €72,398 | -€18,286 | -20.2% |
| Other amounts payable | 47/48 | €462,000 | €400,114 | -€61,886 | -13.4% |
| Remuneration, social security and pensions | 62 | €351,106 | €357,953 | +€6,847 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,325 | €397,418 | +€190,093 | +91.7% |
| Other operating charges | 640/8 | €145,770 | €152,780 | +€7,010 | +4.8% |
| Gross operating margin | 9900 | €750,678 | €1,397,920 | +€647,242 | +86.2% |
| Operating profit (loss) | 9901 | €46,478 | €489,769 | +€443,291 | +954% |
| Financial income | 75/76B | €362 | €69 | -€293 | -80.9% |
| Recurring financial income | 75 | €362 | €69 | -€293 | -80.9% |
| Financial charges | 65/66B | €192,180 | €446,140 | +€253,961 | +132% |
| Recurring financial charges | 65 | €192,180 | €446,140 | +€253,961 | +132% |
| Profit (loss) for the period before taxes | 9903 | -€145,340 | €43,698 | +€189,038 | |
| Profit (loss) for the period | 9904 | -€145,340 | €43,698 | +€189,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€145,340 | €43,698 | +€189,038 |
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 29 October 2026 via checked.be.