NOUVEAU DARING: 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.
NOUVEAU DARING
Largest movements
- Receivables after one year -€47,563
no longer reported in 2025 (was €47,563)
- Receivables within one year +€2,178
up €2,178 (+32.1%), from €6,782 to €8,960
- Cash -€1,092
down €1,092 (-21.4%), from €5,095 to €4,003
mainly Net result for the year (-€28,289) and Tax, wage and social debts (-€17,188)
- Stocks and contracts -€1,000
no longer reported in 2025 (was €1,000)
- Profit (loss) carried forward -€28,289
down €28,289, from €19,556 to -€8,733
- Tax, wage and social debts -€17,188
down €17,188 (-92.4%), from €18,592 to €1,404
of which Taxes: -€9,857
- Trade debts -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin -€4,117
down €4,117 (-71.0%), from -€5,800 to -€9,917
- Staff costs -€2,739
down €2,739 (-13.1%), from €20,944 to €18,205
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 | €60,608 | €13,131 | -€47,477 | -78.3% |
| Fixed assets | 21/28 | €168 | €168 | = | 0.0% |
| Financial fixed assets | 28 | €168 | €168 | = | 0.0% |
| Current assets | 29/58 | €60,440 | €12,963 | -€47,477 | -78.6% |
| Amounts receivable after more than one year | 29 | €47,563 | - | -€47,563 | |
| Other amounts receivable | 291 | €47,563 | - | -€47,563 | |
| Stocks and contracts in progress | 3 | €1,000 | - | -€1,000 | |
| Stocks | 30/36 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €6,782 | €8,960 | +€2,178 | +32.1% |
| Other amounts receivable | 41 | €6,782 | €8,960 | +€2,178 | +32.1% |
| Cash at bank and in hand | 54/58 | €5,095 | €4,003 | -€1,092 | -21.4% |
| Total equity and liabilities | 10/49 | €60,608 | €13,131 | -€47,477 | -78.3% |
| Equity | 10/15 | €40,016 | €11,727 | -€28,289 | -70.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,556 | -€8,733 | -€28,289 | |
| Amounts payable | 17/49 | €20,592 | €1,404 | -€19,188 | -93.2% |
| Amounts payable within one year | 42/48 | €20,592 | €1,404 | -€19,188 | -93.2% |
| Trade debts | 44 | €2,000 | - | -€2,000 | |
| Suppliers | 440/4 | €2,000 | - | -€2,000 | |
| Taxes, remuneration and social security | 45 | €18,592 | €1,404 | -€17,188 | -92.4% |
| Taxes | 450/3 | €9,857 | - | -€9,857 | |
| Remuneration and social security | 454/9 | €8,735 | €1,404 | -€7,331 | -83.9% |
| Non-recurring operating income | 76A | - | €6,476 | +€6,476 | |
| Remuneration, social security and pensions | 62 | €20,944 | €18,205 | -€2,739 | -13.1% |
| Non-recurring operating charges | 66A | €2,192 | - | -€2,192 | |
| Gross operating margin | 9900 | -€5,800 | -€9,917 | -€4,117 | -71.0% |
| Operating profit (loss) | 9901 | -€28,936 | -€28,122 | +€814 | +2.8% |
| Financial charges | 65/66B | €163 | €167 | +€4 | +2.5% |
| Recurring financial charges | 65 | €163 | €167 | +€4 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,099 | -€28,289 | +€810 | +2.8% |
| Profit (loss) for the period | 9904 | -€29,099 | -€28,289 | +€810 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,099 | -€28,289 | +€810 | +2.8% |
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 25 October 2026 via checked.be.