Newton Force: 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
Newton Force
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6.9m
2024 · €4.3m+€2.6m
Equity
€17.8m
2024 · €10.9m+€6.9m
Cash
€1,497
2024 · €337+€1,160
Balance sheet total
€29.2m
2024 · €40.2m-€11.0m
Largest movements
Assets
- Financial fixed assets -€11.0m
down €11.0m (-28.8%), from €38.1m to €27.1m
Equity and liabilities
- Other debts -€16.4m
down €16.4m (-73.1%), from €22.4m to €6.0m
- Reserves +€6.9m
up €6.9m (+149%), from €4.6m to €11.5m
- Debts after one year -€1.6m
down €1.6m (-29.4%), from €5.3m to €3.7m
Income statement
- Financial income +€1.8m
up €1.8m (+40.4%), from €4.5m to €6.3m
- Gross operating margin +€572,306
up €572,306 (+118%), from €486,429 to €1.1m
- Financial charges -€184,722
down €184,722 (-29.9%), from €617,532 to €432,811
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
€4.3m
Gross operating margin
+€572,306
Depreciation
-€5,661
Other operating charges
-€299
Financial income
+€1.8m
Financial charges
+€184,722
Taxes
-€20
Result 2025
€6.9m
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
-€9.4m
Investment
+€10.9m
Financing
-€1.5m
Cash 2024
€337
From operations (derived)
-€9.4m
Net result for the year
+€6.9m
Depreciation
+€21,741
Smaller working-capital items
+€46,863
Other debts
-€16.4m
Investment (derived)
+€10.9m
Investment in fixed assets (net)
+€10.9m
Financing
-€1.5m
Debts after one year
-€1.6m
Current portion of long-term debt
+€1,273
Cash 2025
€1,497
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,202,498 | €29,184,402 | -€11.0m | -27.4% |
| Fixed assets | 21/28 | €38,179,579 | €27,209,277 | -€11.0m | -28.7% |
| Intangible fixed assets | 21 | €23,849 | €31,437 | +€7,587 | +31.8% |
| Tangible fixed assets | 22/27 | €52,933 | €39,043 | -€13,890 | -26.2% |
| Furniture and vehicles | 24 | €52,933 | €39,043 | -€13,890 | -26.2% |
| Financial fixed assets | 28 | €38,102,797 | €27,138,797 | -€11.0m | -28.8% |
| Current assets | 29/58 | €2,022,919 | €1,975,125 | -€47,794 | -2.4% |
| Amounts receivable after more than one year | 29 | €249,412 | €209,591 | -€39,820 | -16.0% |
| Trade receivables | 290 | €249,412 | €209,591 | -€39,820 | -16.0% |
| Amounts receivable within one year | 40/41 | €1,773,170 | €1,764,037 | -€9,134 | -0.5% |
| Other amounts receivable | 41 | €1,773,170 | €1,764,037 | -€9,134 | -0.5% |
| Cash at bank and in hand | 54/58 | €337 | €1,497 | +€1,160 | +344% |
| Total equity and liabilities | 10/49 | €40,202,498 | €29,184,402 | -€11.0m | -27.4% |
| Equity | 10/15 | €10,863,131 | €17,768,863 | +€6.9m | +63.6% |
| Contributions | 10/11 | €6,233,700 | €6,233,700 | = | 0.0% |
| Reserves | 13 | €4,629,431 | €11,535,163 | +€6.9m | +149% |
| Distributable reserves | 133 | €4,629,431 | €11,535,163 | +€6.9m | +149% |
| Amounts payable | 17/49 | €29,339,367 | €11,415,538 | -€17.9m | -61.1% |
| Amounts payable after more than one year | 17 | €5,279,041 | €3,727,797 | -€1.6m | -29.4% |
| Financial debts | 170/4 | €5,279,041 | €3,727,797 | -€1.6m | -29.4% |
| Amounts payable within one year | 42/48 | €23,977,621 | €7,587,062 | -€16.4m | -68.4% |
| Current portion of amounts payable after more than one year | 42 | €1,549,971 | €1,551,244 | +€1,273 | +0.1% |
| Trade debts | 44 | €24,383 | €440 | -€23,943 | -98.2% |
| Suppliers | 440/4 | €24,383 | €440 | -€23,943 | -98.2% |
| Taxes, remuneration and social security | 45 | €272 | €4,150 | +€3,878 | +1,424% |
| Taxes | 450/3 | €272 | €4,150 | +€3,878 | +1,424% |
| Other amounts payable | 47/48 | €22,402,995 | €6,031,228 | -€16.4m | -73.1% |
| Accrued charges and deferred income | 492/3 | €82,705 | €100,679 | +€17,974 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,080 | €21,741 | +€5,661 | +35.2% |
| Other operating charges | 640/8 | €1,345 | €1,643 | +€299 | +22.2% |
| Gross operating margin | 9900 | €486,429 | €1,058,736 | +€572,306 | +118% |
| Operating profit (loss) | 9901 | €469,004 | €1,035,352 | +€566,347 | +121% |
| Financial income | 75/76B | €4,490,212 | €6,303,552 | +€1.8m | +40.4% |
| Recurring financial income | 75 | €4,490,212 | €6,303,552 | +€1.8m | +40.4% |
| Financial charges | 65/66B | €617,532 | €432,811 | -€184,722 | -29.9% |
| Recurring financial charges | 65 | €617,532 | €432,811 | -€184,722 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €4,341,684 | €6,906,093 | +€2.6m | +59.1% |
| Income taxes | 67/77 | €341 | €361 | +€20 | +6.0% |
| Profit (loss) for the period | 9904 | €4,341,343 | €6,905,732 | +€2.6m | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,341,343 | €6,905,732 | +€2.6m | +59.1% |
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 18 October 2026 via checked.be.