NECTEB COMPANY: 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.
NECTEB COMPANY
Largest movements
- Receivables within one year -€15,182
down €15,182 (-41.1%), from €36,904 to €21,722
of which Trade receivables: -€16,849
- Tangible fixed assets +€12,925
up €12,925 (+139%), from €9,300 to €22,225
of which Furniture and vehicles: +€14,840
- Cash -€1,297
down €1,297 (-53.6%), from €2,421 to €1,124
mainly Advances received (-€23,075) and Investment in fixed assets (net) (-€19,474)
- Advances received -€23,075
no longer reported in 2025 (was €23,075)
- Profit (loss) carried forward +€16,283
up €16,283 (+181%), from €8,987 to €25,270
- Tax, wage and social debts +€3,740
up €3,740 (+345%), from €1,083 to €4,823
of which Remuneration and social security: +€2,454
- Trade debts -€503
down €503 (-8.6%), from €5,850 to €5,347
- Gross operating margin +€37,722
up €37,722, from -€8,304 to €29,418
- Depreciation +€3,230
up €3,230 (+97.3%), from €3,319 to €6,549
- Taxes +€2,291
new in 2025: €2,291
- Other operating charges +€970
up €970 (+191%), from €507 to €1,477
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 | €48,995 | €45,441 | -€3,555 | -7.3% |
| Fixed assets | 21/28 | €9,300 | €22,225 | +€12,925 | +139% |
| Tangible fixed assets | 22/27 | €9,300 | €22,225 | +€12,925 | +139% |
| Plant, machinery and equipment | 23 | €6,423 | €4,508 | -€1,915 | -29.8% |
| Furniture and vehicles | 24 | €2,877 | €17,717 | +€14,840 | +516% |
| Current assets | 29/58 | €39,695 | €23,216 | -€16,480 | -41.5% |
| Amounts receivable within one year | 40/41 | €36,904 | €21,722 | -€15,182 | -41.1% |
| Trade receivables | 40 | €29,615 | €12,767 | -€16,849 | -56.9% |
| Other amounts receivable | 41 | €7,288 | €8,955 | +€1,667 | +22.9% |
| Cash at bank and in hand | 54/58 | €2,421 | €1,124 | -€1,297 | -53.6% |
| Deferred charges and accrued income | 490/1 | €371 | €369 | -€1 | -0.4% |
| Total equity and liabilities | 10/49 | €48,995 | €45,441 | -€3,555 | -7.3% |
| Equity | 10/15 | €18,987 | €35,270 | +€16,283 | +85.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,987 | €25,270 | +€16,283 | +181% |
| Amounts payable | 17/49 | €30,008 | €10,171 | -€19,838 | -66.1% |
| Amounts payable within one year | 42/48 | €30,008 | €10,171 | -€19,838 | -66.1% |
| Trade debts | 44 | €5,850 | €5,347 | -€503 | -8.6% |
| Suppliers | 440/4 | €5,850 | €5,347 | -€503 | -8.6% |
| Advances received on contracts in progress | 46 | €23,075 | - | -€23,075 | |
| Taxes, remuneration and social security | 45 | €1,083 | €4,823 | +€3,740 | +345% |
| Taxes | 450/3 | €1,004 | €2,291 | +€1,286 | +128% |
| Remuneration and social security | 454/9 | €79 | €2,533 | +€2,454 | +3,120% |
| Non-recurring operating income | 76A | - | €453 | +€453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,319 | €6,549 | +€3,230 | +97.3% |
| Other operating charges | 640/8 | €507 | €1,477 | +€970 | +191% |
| Non-recurring operating charges | 66A | - | €2,794 | +€2,794 | |
| Gross operating margin | 9900 | -€8,304 | €29,418 | +€37,722 | |
| Operating profit (loss) | 9901 | -€12,129 | €18,598 | +€30,727 | |
| Financial income | 75/76B | €91 | €152 | +€62 | +67.7% |
| Recurring financial income | 75 | €91 | €152 | +€62 | +67.7% |
| Financial charges | 65/66B | €83 | €177 | +€93 | +112% |
| Recurring financial charges | 65 | €83 | €177 | +€93 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€12,122 | €18,574 | +€30,695 | |
| Income taxes | 67/77 | - | €2,291 | +€2,291 | |
| Profit (loss) for the period | 9904 | -€12,122 | €16,283 | +€28,405 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,122 | €16,283 | +€28,405 |
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 19 October 2026 via checked.be.