NET FACTORY: 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 FACTORY
Largest movements
- Cash +€59,223
up €59,223 (+184%), from €32,114 to €91,338
mainly Trade debts (+€26,597) and Receivables within one year (+€24,026)
- Receivables within one year -€24,026
down €24,026 (-12.2%), from €196,327 to €172,301
of which Trade receivables: -€26,682
- Trade debts +€26,597
up €26,597 (+61.9%), from €42,949 to €69,546
- Profit (loss) carried forward +€5,549
up €5,549 (+3.4%), from €161,994 to €167,543
- Tax, wage and social debts +€2,879
up €2,879 (+99.1%), from €2,905 to €5,784
- Gross operating margin -€2,090
down €2,090 (-19.8%), from €10,559 to €8,469
- Other operating charges +€392
up €392 (+52.7%), from €744 to €1,136
- Financial income +€371
up €371 (+17.4%), from €2,140 to €2,512
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 | €228,748 | €263,773 | +€35,025 | +15.3% |
| Fixed assets | 21/28 | €306 | €134 | -€173 | -56.3% |
| Tangible fixed assets | 22/27 | €306 | €134 | -€173 | -56.3% |
| Furniture and vehicles | 24 | €306 | €134 | -€173 | -56.3% |
| Current assets | 29/58 | €228,441 | €263,639 | +€35,197 | +15.4% |
| Amounts receivable within one year | 40/41 | €196,327 | €172,301 | -€24,026 | -12.2% |
| Trade receivables | 40 | €73,022 | €46,340 | -€26,682 | -36.5% |
| Other amounts receivable | 41 | €123,305 | €125,962 | +€2,656 | +2.2% |
| Cash at bank and in hand | 54/58 | €32,114 | €91,338 | +€59,223 | +184% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €228,748 | €263,773 | +€35,025 | +15.3% |
| Equity | 10/15 | €182,894 | €188,443 | +€5,549 | +3.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,994 | €167,543 | +€5,549 | +3.4% |
| Amounts payable | 17/49 | €45,854 | €75,330 | +€29,476 | +64.3% |
| Amounts payable within one year | 42/48 | €45,854 | €75,330 | +€29,476 | +64.3% |
| Trade debts | 44 | €42,949 | €69,546 | +€26,597 | +61.9% |
| Suppliers | 440/4 | €42,949 | €69,546 | +€26,597 | +61.9% |
| Taxes, remuneration and social security | 45 | €2,905 | €5,784 | +€2,879 | +99.1% |
| Taxes | 450/3 | €2,905 | €5,784 | +€2,879 | +99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173 | €173 | = | 0.0% |
| Other operating charges | 640/8 | €744 | €1,136 | +€392 | +52.7% |
| Gross operating margin | 9900 | €10,559 | €8,469 | -€2,090 | -19.8% |
| Operating profit (loss) | 9901 | €9,642 | €7,161 | -€2,481 | -25.7% |
| Financial income | 75/76B | €2,140 | €2,512 | +€371 | +17.4% |
| Recurring financial income | 75 | €2,140 | €2,512 | +€371 | +17.4% |
| Financial charges | 65/66B | €1,338 | €1,245 | -€93 | -7.0% |
| Recurring financial charges | 65 | €1,338 | €1,245 | -€93 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €10,444 | €8,428 | -€2,017 | -19.3% |
| Income taxes | 67/77 | €2,905 | €2,879 | -€26 | -0.9% |
| Profit (loss) for the period | 9904 | €7,539 | €5,549 | -€1,990 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,539 | €5,549 | -€1,990 | -26.4% |
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 23 October 2026 via checked.be.