NET 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.
NET COMPANY
Largest movements
- Cash +€61,157
up €61,157 (+73.2%), from €83,536 to €144,693
mainly Other debts (+€100,300) and Net result for the year (+€49,842)
- Tangible fixed assets -€14,822
down €14,822 (-21.3%), from €69,601 to €54,779
- Receivables within one year -€11,507
down €11,507 (-10.0%), from €115,344 to €103,836
of which Other amounts receivable: -€8,756
- Other debts +€100,300
new in 2025: €100,300
- Profit (loss) carried forward -€68,158
down €68,158 (-28.4%), from €239,800 to €171,642
- Tax, wage and social debts +€17,700
new in 2025: €17,700
- Current portion of long-term debt -€9,934
down €9,934 (-65.8%), from €15,091 to €5,157
- Debts after one year -€5,157
no longer reported in 2025 (was €5,157)
- Staff costs +€44,812
up €44,812 (+50.1%), from €89,407 to €134,219
- Gross operating margin +€20,461
up €20,461 (+9.2%), from €221,212 to €241,673
- Taxes +€8,165
up €8,165 (+31.4%), from €26,035 to €34,200
- Other operating charges -€3,085
down €3,085 (-75.1%), from €4,106 to €1,021
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 | €268,481 | €303,309 | +€34,827 | +13.0% |
| Fixed assets | 21/28 | €69,601 | €54,779 | -€14,822 | -21.3% |
| Tangible fixed assets | 22/27 | €69,601 | €54,779 | -€14,822 | -21.3% |
| Furniture and vehicles | 24 | €69,601 | €54,779 | -€14,822 | -21.3% |
| Current assets | 29/58 | €198,880 | €248,530 | +€49,650 | +25.0% |
| Amounts receivable within one year | 40/41 | €115,344 | €103,836 | -€11,507 | -10.0% |
| Trade receivables | 40 | €88,806 | €86,055 | -€2,751 | -3.1% |
| Other amounts receivable | 41 | €26,538 | €17,782 | -€8,756 | -33.0% |
| Cash at bank and in hand | 54/58 | €83,536 | €144,693 | +€61,157 | +73.2% |
| Total equity and liabilities | 10/49 | €268,481 | €303,309 | +€34,827 | +13.0% |
| Equity | 10/15 | €247,860 | €179,702 | -€68,158 | -27.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Capital | 10 | €8,060 | €8,060 | = | 0.0% |
| Issued capital | 100 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,800 | €171,642 | -€68,158 | -28.4% |
| Amounts payable | 17/49 | €20,621 | €123,606 | +€102,985 | +499% |
| Amounts payable after more than one year | 17 | €5,157 | - | -€5,157 | |
| Financial debts | 170/4 | €5,157 | - | -€5,157 | |
| Amounts payable within one year | 42/48 | €15,464 | €123,606 | +€108,142 | +699% |
| Current portion of amounts payable after more than one year | 42 | €15,091 | €5,157 | -€9,934 | -65.8% |
| Financial debts | 43 | €35 | €35 | = | 0.0% |
| Credit institutions | 430/8 | €35 | €35 | = | 0.0% |
| Trade debts | 44 | €338 | €414 | +€77 | +22.7% |
| Suppliers | 440/4 | €338 | €414 | +€77 | +22.7% |
| Taxes, remuneration and social security | 45 | - | €17,700 | +€17,700 | |
| Taxes | 450/3 | - | €17,700 | +€17,700 | |
| Other amounts payable | 47/48 | - | €100,300 | +€100,300 | |
| Remuneration, social security and pensions | 62 | €89,407 | €134,219 | +€44,812 | +50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,672 | €21,372 | +€1,701 | +8.6% |
| Other operating charges | 640/8 | €4,106 | €1,021 | -€3,085 | -75.1% |
| Gross operating margin | 9900 | €221,212 | €241,673 | +€20,461 | +9.2% |
| Operating profit (loss) | 9901 | €108,028 | €85,061 | -€22,967 | -21.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,237 | €1,019 | -€218 | -17.6% |
| Recurring financial charges | 65 | €1,237 | €1,019 | -€218 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €106,791 | €84,042 | -€22,749 | -21.3% |
| Income taxes | 67/77 | €26,035 | €34,200 | +€8,165 | +31.4% |
| Profit (loss) for the period | 9904 | €80,756 | €49,842 | -€30,914 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €80,756 | €49,842 | -€30,914 | -38.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.