NEWSPACE: 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.
NEWSPACE
Largest movements
- Receivables within one year -€10,589
down €10,589 (-32.8%), from €32,314 to €21,724
of which Trade receivables: -€12,463
- Cash +€5,236
up €5,236 (+18.7%), from €27,973 to €33,209
mainly Other debts (+€18,346) and Receivables within one year (+€10,589)
- Tangible fixed assets +€2,024
up €2,024 (+16.7%), from €12,124 to €14,148
of which Other tangible fixed assets: +€1,663
- Other debts +€18,346
up €18,346 (+433.7%), from €4,230 to €22,577
- Profit (loss) carried forward -€9,018
down €9,018 (-17.6%), from -€51,176 to -€60,194
- Trade debts -€6,872
down €6,872 (-14.1%), from €48,722 to €41,850
- Tax, wage and social debts -€5,783
down €5,783 (-61.6%), from €9,383 to €3,600
of which Taxes: -€5,783
- Gross operating margin +€45,214
up €45,214 (+90.6%), from -€49,893 to -€4,680
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.
Cash bridge derived
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 | €72,577 | €69,249 | -€3,328 | -4.6% |
| Fixed assets | 21/28 | €12,273 | €14,297 | +€2,024 | +16.5% |
| Tangible fixed assets | 22/27 | €12,124 | €14,148 | +€2,024 | +16.7% |
| Land and buildings | 22 | €1,687 | €1,516 | -€171 | -10.1% |
| Plant, machinery and equipment | 23 | €892 | €297 | -€595 | -66.7% |
| Furniture and vehicles | 24 | €9,545 | €10,673 | +€1,128 | +11.8% |
| Other tangible fixed assets | 26 | - | €1,663 | +€1,663 | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €60,304 | €54,952 | -€5,352 | -8.9% |
| Amounts receivable within one year | 40/41 | €32,314 | €21,724 | -€10,589 | -32.8% |
| Trade receivables | 40 | €31,492 | €19,029 | -€12,463 | -39.6% |
| Other amounts receivable | 41 | €822 | €2,695 | +€1,874 | +228.0% |
| Cash at bank and in hand | 54/58 | €27,973 | €33,209 | +€5,236 | +18.7% |
| Deferred charges and accrued income | 490/1 | €17 | €18 | +€1 | +3.5% |
| Total equity and liabilities | 10/49 | €72,577 | €69,249 | -€3,328 | -4.6% |
| Equity | 10/15 | €10,241 | €1,223 | -€9,018 | -88.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,817 | €42,817 | = | 0.0% |
| Distributable reserves | 133 | €42,817 | €42,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,176 | -€60,194 | -€9,018 | -17.6% |
| Amounts payable | 17/49 | €62,336 | €68,026 | +€5,690 | +9.1% |
| Amounts payable within one year | 42/48 | €62,336 | €68,026 | +€5,690 | +9.1% |
| Trade debts | 44 | €48,722 | €41,850 | -€6,872 | -14.1% |
| Suppliers | 440/4 | €48,722 | €41,850 | -€6,872 | -14.1% |
| Taxes, remuneration and social security | 45 | €9,383 | €3,600 | -€5,783 | -61.6% |
| Taxes | 450/3 | €5,783 | - | -€5,783 | |
| Remuneration and social security | 454/9 | €3,600 | €3,600 | = | 0.0% |
| Other amounts payable | 47/48 | €4,230 | €22,577 | +€18,346 | +433.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,161 | €3,529 | +€368 | +11.6% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€49,893 | -€4,680 | +€45,214 | +90.6% |
| Operating profit (loss) | 9901 | -€53,439 | -€8,596 | +€44,843 | +83.9% |
| Financial income | 75/76B | €133 | €0 | -€133 | -99.9% |
| Recurring financial income | 75 | €133 | €0 | -€133 | -99.9% |
| Financial charges | 65/66B | €217 | €422 | +€205 | +94.1% |
| Recurring financial charges | 65 | €217 | €422 | +€205 | +94.1% |
| Profit (loss) for the period before taxes | 9903 | -€53,523 | -€9,018 | +€44,505 | +83.2% |
| Profit (loss) for the period | 9904 | -€53,523 | -€9,018 | +€44,505 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,523 | -€9,018 | +€44,505 | +83.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.