NEWTOWN: 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
NEWTOWN
NACE 47.791, Retail sale of antiques
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€11,986
2024 · €97,444-€109,430
Equity
€1.3m
2024 · €1.3m-€11,986
Cash
€17,477
2024 · €26,065-€8,588
Balance sheet total
€2.2m
2024 · €2.2m+€76,831
Largest movements
Assets
- Stocks and contracts +€66,294
up €66,294 (+3.5%), from €1.9m to €2.0m
- Tangible fixed assets +€34,682
up €34,682 (+18.5%), from €187,856 to €222,538
of which Furniture and vehicles: +€44,412
Equity and liabilities
- Short-term financial debts +€150,000
up €150,000 (+115%), from €130,000 to €280,000
- Accrued charges and deferred income -€34,367
down €34,367 (-85.2%), from €40,353 to €5,986
- Trade debts -€24,704
down €24,704 (-74.2%), from €33,288 to €8,584
Income statement
- Gross operating margin -€119,468
down €119,468 (-78.1%), from €152,877 to €33,408
- Financial charges -€31,213
down €31,213 (-67.9%), from €45,986 to €14,773
- Taxes +€13,231
up €13,231 (+777%), from €1,703 to €14,935
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
€97,444
Gross operating margin
-€119,468
Depreciation
-€1,073
Other operating charges
+€971
Other operating items
-€6
Financial income
-€1,338
Financial charges
+€31,213
Taxes
-€13,231
Deferred taxes and other
-€6,499
Result 2025
-€11,986
raises the resultlowers the resultnot broken down further in the accounts
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
-€100,366
Investment
-€45,323
Financing
+€137,100
Cash 2024
€26,065
From operations (derived)
-€100,366
Net result for the year
-€11,986
Depreciation
+€10,640
Stocks and contracts
-€66,294
Receivables within one year
+€13,786
Deferred charges and accrued income
+€1,771
Trade debts
-€24,704
Tax, wage and social debts
+€913
Other debts
+€9,875
Accrued charges and deferred income
-€34,367
Investment (derived)
-€45,323
Investment in fixed assets (net)
-€45,323
Financing
+€137,100
Debts after one year
-€12,900
Short-term financial debts
+€150,000
Cash 2025
€17,477
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,151,622 | €2,228,452 | +€76,831 | +3.6% |
| Fixed assets | 21/28 | €190,854 | €225,537 | +€34,682 | +18.2% |
| Tangible fixed assets | 22/27 | €187,856 | €222,538 | +€34,682 | +18.5% |
| Land and buildings | 22 | €181,037 | €173,232 | -€7,805 | -4.3% |
| Plant, machinery and equipment | 23 | €2,213 | €961 | -€1,252 | -56.6% |
| Furniture and vehicles | 24 | - | €44,412 | +€44,412 | |
| Other tangible fixed assets | 26 | €4,606 | €3,933 | -€673 | -14.6% |
| Financial fixed assets | 28 | €2,999 | €2,999 | = | 0.0% |
| Current assets | 29/58 | €1,960,767 | €2,002,915 | +€42,148 | +2.1% |
| Stocks and contracts in progress | 3 | €1,912,949 | €1,979,243 | +€66,294 | +3.5% |
| Stocks | 30/36 | €1,912,949 | €1,979,243 | +€66,294 | +3.5% |
| Amounts receivable within one year | 40/41 | €14,921 | €1,135 | -€13,786 | -92.4% |
| Trade receivables | 40 | €6,624 | - | -€6,624 | |
| Other amounts receivable | 41 | €8,297 | €1,135 | -€7,162 | -86.3% |
| Cash at bank and in hand | 54/58 | €26,065 | €17,477 | -€8,588 | -32.9% |
| Deferred charges and accrued income | 490/1 | €6,832 | €5,061 | -€1,771 | -25.9% |
| Total equity and liabilities | 10/49 | €2,151,622 | €2,228,452 | +€76,831 | +3.6% |
| Equity | 10/15 | €1,276,720 | €1,264,734 | -€11,986 | -0.9% |
| Contributions | 10/11 | €475,000 | €475,000 | = | 0.0% |
| Revaluation surpluses | 12 | €4,008 | €4,008 | = | 0.0% |
| Reserves | 13 | €796,780 | €796,780 | = | 0.0% |
| Tax-exempt reserves | 132 | €78,780 | €78,780 | = | 0.0% |
| Distributable reserves | 133 | €718,000 | €718,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €932 | -€11,054 | -€11,986 | |
| Provisions and deferred taxes | 16 | €25,521 | €25,521 | = | 0.0% |
| Deferred taxes | 168 | €25,521 | €25,521 | = | 0.0% |
| Amounts payable | 17/49 | €849,381 | €938,197 | +€88,817 | +10.5% |
| Amounts payable after more than one year | 17 | €582,674 | €569,774 | -€12,900 | -2.2% |
| Financial debts | 170/4 | €582,674 | €569,774 | -€12,900 | -2.2% |
| Amounts payable within one year | 42/48 | €226,354 | €362,438 | +€136,084 | +60.1% |
| Current portion of amounts payable after more than one year | 42 | €11,000 | €11,000 | = | 0.0% |
| Financial debts | 43 | €130,000 | €280,000 | +€150,000 | +115% |
| Credit institutions | 430/8 | €130,000 | €280,000 | +€150,000 | +115% |
| Trade debts | 44 | €33,288 | €8,584 | -€24,704 | -74.2% |
| Suppliers | 440/4 | €33,288 | €8,584 | -€24,704 | -74.2% |
| Taxes, remuneration and social security | 45 | €14,021 | €14,935 | +€913 | +6.5% |
| Taxes | 450/3 | €14,021 | €14,935 | +€913 | +6.5% |
| Other amounts payable | 47/48 | €38,044 | €47,919 | +€9,875 | +26.0% |
| Accrued charges and deferred income | 492/3 | €40,353 | €5,986 | -€34,367 | -85.2% |
| Non-recurring operating income | 76A | €41,949 | €10,000 | -€31,949 | -76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,568 | €10,640 | +€1,073 | +11.2% |
| Other operating charges | 640/8 | €6,055 | €5,085 | -€971 | -16.0% |
| Non-recurring operating charges | 66A | - | €6 | +€6 | |
| Gross operating margin | 9900 | €152,877 | €33,408 | -€119,468 | -78.1% |
| Operating profit (loss) | 9901 | €137,254 | €17,678 | -€119,576 | -87.1% |
| Financial income | 75/76B | €1,381 | €44 | -€1,338 | -96.8% |
| Recurring financial income | 75 | €1,381 | €44 | -€1,338 | -96.8% |
| Financial charges | 65/66B | €45,986 | €14,773 | -€31,213 | -67.9% |
| Recurring financial charges | 65 | €45,986 | €14,773 | -€31,213 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | €92,649 | €2,949 | -€89,700 | -96.8% |
| Transfer from deferred taxes | 780 | €6,499 | - | -€6,499 | |
| Income taxes | 67/77 | €1,703 | €14,935 | +€13,231 | +777% |
| Profit (loss) for the period | 9904 | €97,444 | -€11,986 | -€109,430 | |
| Transfer from tax-exempt reserves | 789 | €19,497 | - | -€19,497 | |
| Profit (loss) for the period to be appropriated | 9905 | €116,941 | -€11,986 | -€128,927 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.