NEWTON HILL: 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.
NEWTON HILL
Largest movements
- Receivables within one year -€27,681
down €27,681 (-50.7%), from €54,650 to €26,969
of which Trade receivables: -€37,039
- Financial fixed assets +€20,000
new in 2025: €20,000
- Cash +€17,115
up €17,115 (+51.9%), from €32,981 to €50,097
mainly Receivables within one year (+€27,681) and Net result for the year (+€3,192)
- Tax, wage and social debts +€3,006
up €3,006 (+1,444%), from €208 to €3,214
- Reserves +€3,000
up €3,000 (+4.2%), from €71,084 to €74,084
- Other debts +€2,599
up €2,599 (+291%), from €893 to €3,492
- Gross operating margin -€63,560
down €63,560 (-87.5%), from €72,669 to €9,109
- Write-downs -€19,769
no longer reported in 2025 (was €19,769)
- Taxes -€12,064
down €12,064 (-81.3%), from €14,838 to €2,774
- Depreciation +€1,101
up €1,101 (+74.0%), from €1,487 to €2,589
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 | €98,409 | €107,227 | +€8,817 | +9.0% |
| Fixed assets | 21/28 | €8,369 | €27,966 | +€19,597 | +234% |
| Tangible fixed assets | 22/27 | €8,369 | €7,966 | -€403 | -4.8% |
| Furniture and vehicles | 24 | €8,369 | €7,966 | -€403 | -4.8% |
| Financial fixed assets | 28 | - | €20,000 | +€20,000 | |
| Current assets | 29/58 | €90,041 | €79,261 | -€10,780 | -12.0% |
| Amounts receivable within one year | 40/41 | €54,650 | €26,969 | -€27,681 | -50.7% |
| Trade receivables | 40 | €51,620 | €14,581 | -€37,039 | -71.8% |
| Other amounts receivable | 41 | €3,030 | €12,389 | +€9,358 | +309% |
| Cash at bank and in hand | 54/58 | €32,981 | €50,097 | +€17,115 | +51.9% |
| Deferred charges and accrued income | 490/1 | €2,409 | €2,195 | -€214 | -8.9% |
| Total equity and liabilities | 10/49 | €98,409 | €107,227 | +€8,817 | +9.0% |
| Equity | 10/15 | €90,433 | €93,625 | +€3,192 | +3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,084 | €74,084 | +€3,000 | +4.2% |
| Distributable reserves | 133 | €71,084 | €74,084 | +€3,000 | +4.2% |
| Profit (loss) carried forward | 14 | €13,150 | €13,341 | +€192 | +1.5% |
| Amounts payable | 17/49 | €7,976 | €13,602 | +€5,626 | +70.5% |
| Amounts payable within one year | 42/48 | €7,976 | €13,602 | +€5,626 | +70.5% |
| Financial debts | 43 | €1,300 | €1,280 | -€21 | -1.6% |
| Credit institutions | 430/8 | €1,300 | €1,280 | -€21 | -1.6% |
| Trade debts | 44 | €5,574 | €5,616 | +€42 | +0.7% |
| Suppliers | 440/4 | €5,574 | €5,616 | +€42 | +0.7% |
| Taxes, remuneration and social security | 45 | €208 | €3,214 | +€3,006 | +1,444% |
| Taxes | 450/3 | €208 | €3,214 | +€3,006 | +1,444% |
| Other amounts payable | 47/48 | €893 | €3,492 | +€2,599 | +291% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,487 | €2,589 | +€1,101 | +74.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,769 | - | -€19,769 | |
| Other operating charges | 640/8 | €83 | - | -€83 | |
| Gross operating margin | 9900 | €72,669 | €9,109 | -€63,560 | -87.5% |
| Operating profit (loss) | 9901 | €51,330 | €6,520 | -€44,810 | -87.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €739 | €555 | -€184 | -24.9% |
| Recurring financial charges | 65 | €739 | €555 | -€184 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €50,590 | €5,966 | -€44,625 | -88.2% |
| Income taxes | 67/77 | €14,838 | €2,774 | -€12,064 | -81.3% |
| Profit (loss) for the period | 9904 | €35,753 | €3,192 | -€32,561 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,753 | €3,192 | -€32,561 | -91.1% |
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 31 October 2026 via checked.be.