Necrete: 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.
Necrete
Largest movements
- Cash -€7,863
down €7,863 (-69.8%), from €11,266 to €3,403
mainly Net result for the year (-€11,968) and Receivables within one year (-€5,071)
- Receivables within one year +€5,071
up €5,071 (+175.5%), from €2,889 to €7,961
of which Trade receivables: +€6,821
- Tangible fixed assets -€2,355
down €2,355 (-24.7%), from €9,516 to €7,161
of which Plant, machinery and equipment: -€2,185
- Profit (loss) carried forward -€11,968
down €11,968 (-163.8%), from -€7,305 to -€19,272
- Trade debts +€6,925
up €6,925 (+203.8%), from €3,398 to €10,323
- Gross operating margin +€3,685
up €3,685 (+32.6%), from -€11,300 to -€7,615
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 | €23,672 | €18,525 | -€5,147 | -21.7% |
| Fixed assets | 21/28 | €9,516 | €7,161 | -€2,355 | -24.7% |
| Tangible fixed assets | 22/27 | €9,516 | €7,161 | -€2,355 | -24.7% |
| Plant, machinery and equipment | 23 | €9,097 | €6,912 | -€2,185 | -24.0% |
| Furniture and vehicles | 24 | €419 | €249 | -€170 | -40.6% |
| Current assets | 29/58 | €14,155 | €11,364 | -€2,791 | -19.7% |
| Amounts receivable within one year | 40/41 | €2,889 | €7,961 | +€5,071 | +175.5% |
| Trade receivables | 40 | €0 | €6,821 | +€6,821 | |
| Other amounts receivable | 41 | €2,889 | €1,140 | -€1,749 | -60.5% |
| Cash at bank and in hand | 54/58 | €11,266 | €3,403 | -€7,863 | -69.8% |
| Total equity and liabilities | 10/49 | €23,672 | €18,525 | -€5,147 | -21.7% |
| Equity | 10/15 | €12,695 | €728 | -€11,968 | -94.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,305 | -€19,272 | -€11,968 | -163.8% |
| Amounts payable | 17/49 | €10,977 | €17,798 | +€6,821 | +62.1% |
| Amounts payable within one year | 42/48 | €10,977 | €17,798 | +€6,821 | +62.1% |
| Trade debts | 44 | €3,398 | €10,323 | +€6,925 | +203.8% |
| Suppliers | 440/4 | €3,398 | €10,323 | +€6,925 | +203.8% |
| Taxes, remuneration and social security | 45 | €57 | €0 | -€57 | -100.0% |
| Taxes | 450/3 | €57 | €0 | -€57 | -100.0% |
| Other amounts payable | 47/48 | €7,522 | €7,475 | -€48 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,088 | €3,130 | +€42 | +1.4% |
| Other operating charges | 640/8 | €978 | €1,043 | +€65 | +6.7% |
| Gross operating margin | 9900 | -€11,300 | -€7,615 | +€3,685 | +32.6% |
| Operating profit (loss) | 9901 | -€15,366 | -€11,788 | +€3,578 | +23.3% |
| Financial income | 75/76B | €1 | €17 | +€16 | +1295.8% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +1295.8% |
| Financial charges | 65/66B | €181 | €196 | +€15 | +8.4% |
| Recurring financial charges | 65 | €181 | €196 | +€15 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,546 | -€11,968 | +€3,578 | +23.0% |
| Profit (loss) for the period | 9904 | -€15,546 | -€11,968 | +€3,578 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,546 | -€11,968 | +€3,578 | +23.0% |
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 12 October 2026 via checked.be.