New Sources Energy N.V. announces the adoption of the 2024 annual accounts and the publication of the interim report for first half of 2025

01 Aug 2025 08:00 CEST

Amsterdam, 1 August 2025. At the Annual General Meeting (AGM) of New Sources Energy N.V (NSE or the Company) on 30 July 2025, all concerned agenda items, including the adoption of the audited 2024 financial statements, the discharge of the board, the extension of the terms of appointment of the board members, and the appointment of KPMG Accountants N.V. as external auditors were approved. The board explained its strategic ambitions, continues on its chosen path and instructed the civil law notary to execute all the suggested amendments to the articles of association. After the AGM, NSE signed KPMG Accountants N.V.’s engagement letter for the 2025 audit.

In the first half of 2025, NSE continued its organisational restructuring efforts, as reflected in the 2025 interim financial report. This led to the successful removal of its shares from the penalty bench of the Euronext Amsterdam on 2 June 2025. The Company did not generate any revenue during the period. One convertible loan of €100 thousand was provided to NSE by Mr. L.A. Vereecken. Operating expenses amounted to €441 thousand, of which the majority were director and management fees. This resulted in a total comprehensive loss of €441 thousand. In 2024 NSE reported a total comprehensive loss of €904 thousand. 

For more information, visit New Sources’ website at: www.newsources.energy.

About New Sources 

New Sources is a publicly listed impact company, with a mission to accelerate the energy transition towards net-zero through investing in key energy transition companies and projects. In the shift to a world with net-zero CO₂ emissions, New Sources focuses on developing, operating and growing renewable energy production and technology companies that generate competitive financial returns. 

For further information:

New Sources Energy N.V.

Apollolaan 151

1077AR Amsterdam

the Netherlands

T: +31 (0)20 239 0299

E: info@newsources.energy

W: www.newsources.energy

Amsterdam Euronext ticker: NSE.AMS

Media contact:

Mrs. Marie-Claire van Hessen

T: +31 (0)6 4121 3908

E: marie-claire@mcpr.nl

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