NEWROZ: 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.
NEWROZ
Largest movements
- Cash +€43,697
up €43,697 (+48.4%), from €90,370 to €134,067
mainly Other debts (+€23,303) and Net result for the year (+€11,187)
- Tangible fixed assets -€4,306
down €4,306 (-12.4%), from €34,723 to €30,417
- Other debts +€23,303
up €23,303 (+127%), from €18,358 to €41,661
- Reserves +€11,187
up €11,187 (+13.1%), from €85,519 to €96,706
of which Distributable reserves: +€11,187
- Tax, wage and social debts +€4,349
up €4,349 (+77.7%), from €5,594 to €9,943
of which Taxes: +€4,337
- Trade debts +€3,109
up €3,109 (+96.5%), from €3,221 to €6,330
- Staff costs -€6,360
down €6,360 (-47.6%), from €13,363 to €7,003
- Taxes +€6,087
up €6,087 (+264%), from €2,302 to €8,389
- Gross operating margin +€5,978
up €5,978 (+21.5%), from €27,842 to €33,820
- Depreciation -€486
down €486 (-7.6%), from €6,358 to €5,872
- Financial income +€391
new in 2025: €391
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
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,093 | €167,040 | +€41,947 | +33.5% |
| Fixed assets | 21/28 | €34,723 | €30,417 | -€4,306 | -12.4% |
| Tangible fixed assets | 22/27 | €34,723 | €30,417 | -€4,306 | -12.4% |
| Land and buildings | 22 | €16,427 | €14,437 | -€1,991 | -12.1% |
| Plant, machinery and equipment | 23 | €11,941 | €11,452 | -€489 | -4.1% |
| Furniture and vehicles | 24 | €6,355 | €4,529 | -€1,826 | -28.7% |
| Current assets | 29/58 | €90,370 | €136,623 | +€46,253 | +51.2% |
| Amounts receivable within one year | 40/41 | - | €1,325 | +€1,325 | |
| Other amounts receivable | 41 | - | €1,325 | +€1,325 | |
| Cash at bank and in hand | 54/58 | €90,370 | €134,067 | +€43,697 | +48.4% |
| Deferred charges and accrued income | 490/1 | - | €1,231 | +€1,231 | |
| Total equity and liabilities | 10/49 | €125,093 | €167,040 | +€41,947 | +33.5% |
| Equity | 10/15 | €97,919 | €109,106 | +€11,187 | +11.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,519 | €96,706 | +€11,187 | +13.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,659 | €94,846 | +€11,187 | +13.4% |
| Amounts payable | 17/49 | €27,173 | €57,934 | +€30,760 | +113% |
| Amounts payable within one year | 42/48 | €27,173 | €57,934 | +€30,760 | +113% |
| Trade debts | 44 | €3,221 | €6,330 | +€3,109 | +96.5% |
| Suppliers | 440/4 | €3,221 | €6,330 | +€3,109 | +96.5% |
| Taxes, remuneration and social security | 45 | €5,594 | €9,943 | +€4,349 | +77.7% |
| Taxes | 450/3 | €4,052 | €8,389 | +€4,337 | +107% |
| Remuneration and social security | 454/9 | €1,542 | €1,554 | +€11 | +0.7% |
| Other amounts payable | 47/48 | €18,358 | €41,661 | +€23,303 | +127% |
| Remuneration, social security and pensions | 62 | €13,363 | €7,003 | -€6,360 | -47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,358 | €5,872 | -€486 | -7.6% |
| Other operating charges | 640/8 | €1,827 | €1,564 | -€263 | -14.4% |
| Gross operating margin | 9900 | €27,842 | €33,820 | +€5,978 | +21.5% |
| Operating profit (loss) | 9901 | €6,295 | €19,381 | +€13,087 | +208% |
| Financial income | 75/76B | - | €391 | +€391 | |
| Recurring financial income | 75 | - | €391 | +€391 | |
| Financial charges | 65/66B | €113 | €195 | +€83 | +73.7% |
| Recurring financial charges | 65 | €113 | €195 | +€83 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | €6,182 | €19,576 | +€13,394 | +217% |
| Income taxes | 67/77 | €2,302 | €8,389 | +€6,087 | +264% |
| Profit (loss) for the period | 9904 | €3,880 | €11,187 | +€7,307 | +188% |
| Profit (loss) for the period to be appropriated | 9905 | €3,880 | €11,187 | +€7,307 | +188% |
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 17 October 2026 via checked.be.