NIEUWW: 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.
NIEUWW
Largest movements
- Stocks and contracts -€110,000
no longer reported in 2025 (was €110,000)
- Cash +€84,703
up €84,703 (+284%), from €29,850 to €114,553
mainly Stocks and contracts (+€110,000) and Net result for the year (+€37,447)
- Receivables within one year +€14,471
up €14,471 (+241%), from €5,997 to €20,468
- Tangible fixed assets -€10,188
down €10,188 (-33.8%), from €30,182 to €19,994
of which Furniture and vehicles: -€8,197
- Other debts -€28,548
down €28,548 (-20.9%), from €136,560 to €108,012
- Tax, wage and social debts +€16,150
up €16,150 (+408%), from €3,963 to €20,112
- Debts after one year -€10,802
no longer reported in 2025 (was €10,802)
- Current portion of long-term debt -€6,868
down €6,868 (-40.3%), from €17,047 to €10,179
- Profit (loss) carried forward +€5,773
no longer reported in 2025 (was -€5,773)
- Other operating charges -€67,898
down €67,898 (-96.8%), from €70,118 to €2,220
- Taxes +€17,000
new in 2025: €17,000
- Gross operating margin -€14,390
down €14,390 (-16.9%), from €85,301 to €70,910
- Staff costs +€2,966
new in 2025: €2,966
- Financial charges -€1,442
down €1,442 (-56.8%), from €2,538 to €1,096
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 | €176,029 | €155,015 | -€21,014 | -11.9% |
| Fixed assets | 21/28 | €30,182 | €19,994 | -€10,188 | -33.8% |
| Tangible fixed assets | 22/27 | €30,182 | €19,994 | -€10,188 | -33.8% |
| Land and buildings | 22 | €10,551 | €9,253 | -€1,298 | -12.3% |
| Plant, machinery and equipment | 23 | €2,216 | €1,523 | -€693 | -31.3% |
| Furniture and vehicles | 24 | €17,415 | €9,218 | -€8,197 | -47.1% |
| Current assets | 29/58 | €145,847 | €135,021 | -€10,826 | -7.4% |
| Stocks and contracts in progress | 3 | €110,000 | - | -€110,000 | |
| Contracts in progress | 37 | €110,000 | - | -€110,000 | |
| Amounts receivable within one year | 40/41 | €5,997 | €20,468 | +€14,471 | +241% |
| Trade receivables | 40 | €5,997 | €20,468 | +€14,471 | +241% |
| Cash at bank and in hand | 54/58 | €29,850 | €114,553 | +€84,703 | +284% |
| Total equity and liabilities | 10/49 | €176,029 | €155,015 | -€21,014 | -11.9% |
| Equity | 10/15 | €4,227 | €11,675 | +€7,447 | +176% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €1,675 | +€1,675 | |
| Distributable reserves | 133 | - | €1,675 | +€1,675 | |
| Profit (loss) carried forward | 14 | -€5,773 | - | +€5,773 | |
| Amounts payable | 17/49 | €171,801 | €143,340 | -€28,461 | -16.6% |
| Amounts payable after more than one year | 17 | €10,802 | - | -€10,802 | |
| Financial debts | 170/4 | €10,802 | - | -€10,802 | |
| Amounts payable within one year | 42/48 | €160,999 | €143,340 | -€17,659 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €17,047 | €10,179 | -€6,868 | -40.3% |
| Trade debts | 44 | €3,430 | €5,037 | +€1,608 | +46.9% |
| Suppliers | 440/4 | €3,430 | €5,037 | +€1,608 | +46.9% |
| Taxes, remuneration and social security | 45 | €3,963 | €20,112 | +€16,150 | +408% |
| Taxes | 450/3 | €3,963 | €20,112 | +€16,150 | +408% |
| Other amounts payable | 47/48 | €136,560 | €108,012 | -€28,548 | -20.9% |
| Remuneration, social security and pensions | 62 | - | €2,966 | +€2,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,188 | €10,188 | = | 0.0% |
| Other operating charges | 640/8 | €70,118 | €2,220 | -€67,898 | -96.8% |
| Gross operating margin | 9900 | €85,301 | €70,910 | -€14,390 | -16.9% |
| Operating profit (loss) | 9901 | €4,995 | €55,536 | +€50,541 | +1,012% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €2,538 | €1,096 | -€1,442 | -56.8% |
| Recurring financial charges | 65 | €2,538 | €1,096 | -€1,442 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | €2,457 | €54,447 | +€51,990 | +2,116% |
| Income taxes | 67/77 | - | €17,000 | +€17,000 | |
| Profit (loss) for the period | 9904 | €2,457 | €37,447 | +€34,990 | +1,424% |
| Profit (loss) for the period to be appropriated | 9905 | €2,457 | €37,447 | +€34,990 | +1,424% |
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 28 October 2026 via checked.be.