DE NETHE: 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.
DE NETHE
Largest movements
- Tangible fixed assets -€26,881
down €26,881 (-4.1%), from €649,968 to €623,087
- Cash +€8,041
up €8,041 (+93.9%), from €8,560 to €16,601
mainly Depreciation (+€26,881) and Other debts (+€4,013)
- Profit (loss) carried forward -€17,025
down €17,025 (-7.0%), from -€242,546 to -€259,571
- Debts after one year -€8,320
down €8,320 (-1.7%), from €484,040 to €475,720
- Gross operating margin -€439
down €439 (-2.9%), from €15,127 to €14,688
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 | €800,362 | €778,520 | -€21,842 | -2.7% |
| Fixed assets | 21/28 | €649,968 | €623,087 | -€26,881 | -4.1% |
| Tangible fixed assets | 22/27 | €649,968 | €623,087 | -€26,881 | -4.1% |
| Land and buildings | 22 | €649,968 | €623,087 | -€26,881 | -4.1% |
| Current assets | 29/58 | €150,394 | €155,433 | +€5,039 | +3.4% |
| Stocks and contracts in progress | 3 | €130,125 | €130,550 | +€425 | +0.3% |
| Stocks | 30/36 | €130,125 | €130,550 | +€425 | +0.3% |
| Amounts receivable within one year | 40/41 | €4,274 | €737 | -€3,537 | -82.8% |
| Trade receivables | 40 | €3,025 | - | -€3,025 | |
| Other amounts receivable | 41 | €1,249 | €737 | -€512 | -41.0% |
| Cash at bank and in hand | 54/58 | €8,560 | €16,601 | +€8,041 | +93.9% |
| Deferred charges and accrued income | 490/1 | €7,434 | €7,544 | +€110 | +1.5% |
| Total equity and liabilities | 10/49 | €800,362 | €778,520 | -€21,842 | -2.7% |
| Equity | 10/15 | €303,454 | €286,429 | -€17,025 | -5.6% |
| Contributions | 10/11 | €546,000 | €546,000 | = | 0.0% |
| Capital | 10 | €546,000 | €546,000 | = | 0.0% |
| Issued capital | 100 | €546,000 | €546,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,546 | -€259,571 | -€17,025 | -7.0% |
| Amounts payable | 17/49 | €496,908 | €492,091 | -€4,817 | -1.0% |
| Amounts payable after more than one year | 17 | €484,040 | €475,720 | -€8,320 | -1.7% |
| Financial debts | 170/4 | €484,040 | €475,720 | -€8,320 | -1.7% |
| Amounts payable within one year | 42/48 | €12,869 | €16,371 | +€3,502 | +27.2% |
| Trade debts | 44 | €1,613 | €854 | -€760 | -47.1% |
| Suppliers | 440/4 | €1,613 | €854 | -€760 | -47.1% |
| Taxes, remuneration and social security | 45 | €348 | €597 | +€249 | +71.6% |
| Taxes | 450/3 | €348 | €597 | +€249 | +71.6% |
| Other amounts payable | 47/48 | €10,907 | €14,921 | +€4,013 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,871 | €26,881 | +€10 | 0.0% |
| Other operating charges | 640/8 | €4,477 | €4,614 | +€138 | +3.1% |
| Gross operating margin | 9900 | €15,127 | €14,688 | -€439 | -2.9% |
| Operating profit (loss) | 9901 | -€16,221 | -€16,807 | -€587 | -3.6% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,264 | -€16,852 | -€588 | -3.6% |
| Income taxes | 67/77 | €176 | €172 | -€4 | -2.1% |
| Profit (loss) for the period | 9904 | -€16,440 | -€17,025 | -€585 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,440 | -€17,025 | -€585 | -3.6% |
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 16 October 2026 via checked.be.