CNET: what changed
Two fiscal 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.
CNET
Largest movements
- Receivables within one year +€17,851
up €17,851 (+47.7%), from €37,425 to €55,276
of which Trade receivables: +€14,101
- Cash -€5,451
down €5,451 (-83.2%), from €6,552 to €1,102
mainly Receivables within one year (-€17,851) and Net result for the year (-€5,213)
- Tax, wage and social debts +€8,720
up €8,720 (+68.4%), from €12,756 to €21,476
of which Remuneration and social security: +€5,401
- Trade debts +€8,691
up €8,691 (+231.1%), from €3,761 to €12,452
- Profit (loss) carried forward -€5,213
down €5,213 (-45.5%), from €11,463 to €6,249
- Gross operating margin -€18,854
down €18,854 (-19.7%), from €95,823 to €76,969
- Staff costs -€2,881
down €2,881 (-3.4%), from €84,573 to €81,692
- Taxes -€2,711
no longer reported in 2025 (was €2,711)
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.
Cash bridge derived
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 | €44,179 | €56,377 | +€12,198 | +27.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €44,179 | €56,377 | +€12,198 | +27.6% |
| Amounts receivable within one year | 40/41 | €37,425 | €55,276 | +€17,851 | +47.7% |
| Trade receivables | 40 | €31,290 | €45,391 | +€14,101 | +45.1% |
| Other amounts receivable | 41 | €6,135 | €9,885 | +€3,750 | +61.1% |
| Cash at bank and in hand | 54/58 | €6,552 | €1,102 | -€5,451 | -83.2% |
| Deferred charges and accrued income | 490/1 | €202 | - | -€202 | |
| Total equity and liabilities | 10/49 | €44,179 | €56,377 | +€12,198 | +27.6% |
| Equity | 10/15 | €27,663 | €22,449 | -€5,213 | -18.8% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,463 | €6,249 | -€5,213 | -45.5% |
| Amounts payable | 17/49 | €16,517 | €33,928 | +€17,411 | +105.4% |
| Amounts payable within one year | 42/48 | €16,517 | €33,928 | +€17,411 | +105.4% |
| Trade debts | 44 | €3,761 | €12,452 | +€8,691 | +231.1% |
| Suppliers | 440/4 | €3,761 | €12,452 | +€8,691 | +231.1% |
| Taxes, remuneration and social security | 45 | €12,756 | €21,476 | +€8,720 | +68.4% |
| Taxes | 450/3 | €3,688 | €7,007 | +€3,320 | +90.0% |
| Remuneration and social security | 454/9 | €9,068 | €14,469 | +€5,401 | +59.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €84,573 | €81,692 | -€2,881 | -3.4% |
| Other operating charges | 640/8 | €735 | €186 | -€550 | -74.7% |
| Gross operating margin | 9900 | €95,823 | €76,969 | -€18,854 | -19.7% |
| Operating profit (loss) | 9901 | €10,515 | -€4,908 | -€15,423 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €550 | €305 | -€245 | -44.6% |
| Recurring financial charges | 65 | €550 | €305 | -€245 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €9,964 | -€5,213 | -€15,178 | |
| Income taxes | 67/77 | €2,711 | - | -€2,711 | |
| Profit (loss) for the period | 9904 | €7,254 | -€5,213 | -€12,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,254 | -€5,213 | -€12,467 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.