THE NEW PLAYGROUND: what changed
What changed
THE NEW PLAYGROUND
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€121,103
2024 · -€26,894-€94,208
Equity
-€128,665
2024 · -€7,562-€121,103
Cash
€4,345
2024 · -+€4,345
Balance sheet total
€1.3m
2024 · €1.7m-€461,794
Largest movements
Assets
- Receivables within one year -€222,970
down €222,970 (-90.1%), from €247,532 to €24,562
of which Other amounts receivable: -€164,928
- Financial fixed assets -€200,000
down €200,000 (-95.7%), from €209,000 to €9,000
- Tangible fixed assets -€43,044
down €43,044 (-3.4%), from €1.3m to €1.2m
of which Land and buildings: -€35,007
Equity and liabilities
- Other debts -€293,286
down €293,286 (-34.5%), from €849,696 to €556,410
- Profit (loss) carried forward -€121,103
down €121,103 (-76.9%), from -€157,562 to -€278,665
- Debts after one year -€58,826
down €58,826 (-7.4%), from €793,245 to €734,419
Income statement
- Financial charges +€93,074
up €93,074 (+480%), from €19,382 to €112,455
- Depreciation +€946
up €946 (+2.2%), from €42,278 to €43,224
- Gross operating margin +€740
up €740 (+1.9%), from €39,063 to €39,803
- Other operating charges +€721
up €721 (+16.0%), from €4,505 to €5,226
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€26,894
Gross operating margin
+€740
Depreciation
-€946
Other operating charges
-€721
Financial income
-€208
Financial charges
-€93,074
Result 2025
-€121,103
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€137,532
Investment
+€200,000
Financing
-€58,124
Cash 2024
€0
From operations (derived)
-€137,532
Net result for the year
-€121,103
Depreciation
+€43,224
Receivables within one year
+€222,970
Deferred charges and accrued income
-€55
Trade debts
+€1,364
Tax, wage and social debts
+€2,154
Other debts
-€293,286
Accrued charges and deferred income
+€7,200
Investment (derived)
+€200,000
Investment in fixed assets (net)
+€200,000
Financing
-€58,124
Debts after one year
-€58,826
Current portion of long-term debt
+€715
Short-term financial debts
-€12
Cash 2025
€4,345
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,713,365 | €1,251,571 | -€461,794 | -27.0% |
| Fixed assets | 21/28 | €1,465,833 | €1,222,609 | -€243,224 | -16.6% |
| Intangible fixed assets | 21 | €310 | €130 | -€180 | -58.0% |
| Tangible fixed assets | 22/27 | €1,256,523 | €1,213,479 | -€43,044 | -3.4% |
| Land and buildings | 22 | €1,213,656 | €1,178,649 | -€35,007 | -2.9% |
| Plant, machinery and equipment | 23 | €25,020 | €22,210 | -€2,810 | -11.2% |
| Furniture and vehicles | 24 | €17,847 | €12,620 | -€5,227 | -29.3% |
| Financial fixed assets | 28 | €209,000 | €9,000 | -€200,000 | -95.7% |
| Current assets | 29/58 | €247,532 | €28,962 | -€218,570 | -88.3% |
| Amounts receivable within one year | 40/41 | €247,532 | €24,562 | -€222,970 | -90.1% |
| Trade receivables | 40 | €75,860 | €17,817 | -€58,042 | -76.5% |
| Other amounts receivable | 41 | €171,672 | €6,745 | -€164,928 | -96.1% |
| Cash at bank and in hand | 54/58 | - | €4,345 | +€4,345 | |
| Deferred charges and accrued income | 490/1 | - | €55 | +€55 | |
| Total equity and liabilities | 10/49 | €1,713,365 | €1,251,571 | -€461,794 | -27.0% |
| Equity | 10/15 | -€7,562 | -€128,665 | -€121,103 | -1,602% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€157,562 | -€278,665 | -€121,103 | -76.9% |
| Amounts payable | 17/49 | €1,720,927 | €1,380,236 | -€340,691 | -19.8% |
| Amounts payable after more than one year | 17 | €793,245 | €734,419 | -€58,826 | -7.4% |
| Financial debts | 170/4 | €793,245 | €734,419 | -€58,826 | -7.4% |
| Amounts payable within one year | 42/48 | €927,682 | €638,616 | -€289,065 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €58,112 | €58,826 | +€715 | +1.2% |
| Financial debts | 43 | €284 | €272 | -€12 | -4.2% |
| Credit institutions | 430/8 | €284 | €272 | -€12 | -4.2% |
| Trade debts | 44 | €19,590 | €20,955 | +€1,364 | +7.0% |
| Suppliers | 440/4 | €19,590 | €20,955 | +€1,364 | +7.0% |
| Taxes, remuneration and social security | 45 | - | €2,154 | +€2,154 | |
| Taxes | 450/3 | - | €2,154 | +€2,154 | |
| Other amounts payable | 47/48 | €849,696 | €556,410 | -€293,286 | -34.5% |
| Accrued charges and deferred income | 492/3 | - | €7,200 | +€7,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,278 | €43,224 | +€946 | +2.2% |
| Other operating charges | 640/8 | €4,505 | €5,226 | +€721 | +16.0% |
| Gross operating margin | 9900 | €39,063 | €39,803 | +€740 | +1.9% |
| Operating profit (loss) | 9901 | -€7,721 | -€8,648 | -€927 | -12.0% |
| Financial income | 75/76B | €208 | - | -€208 | |
| Recurring financial income | 75 | €208 | - | -€208 | |
| Financial charges | 65/66B | €19,382 | €112,455 | +€93,074 | +480% |
| Recurring financial charges | 65 | €19,382 | €112,455 | +€93,074 | +480% |
| Profit (loss) for the period before taxes | 9903 | -€26,894 | -€121,103 | -€94,208 | -350% |
| Profit (loss) for the period | 9904 | -€26,894 | -€121,103 | -€94,208 | -350% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,894 | -€121,103 | -€94,208 | -350% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.