NET-MEASURE: 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-MEASURE
Largest movements
- Receivables within one year -€486,394
down €486,394 (-84.2%), from €577,474 to €91,080
of which Trade receivables: -€510,671
- Current investments +€127,463
up €127,463 (+51.9%), from €245,392 to €372,854
- Tangible fixed assets +€106,997
up €106,997 (+660.8%), from €16,192 to €123,189
of which Plant, machinery and equipment: +€120,006
- Cash +€17,414
up €17,414 (+41.0%), from €42,425 to €59,839
mainly Receivables within one year (+€486,394) and Depreciation (+€40,263)
- Trade debts -€147,053
down €147,053 (-88.6%), from €166,026 to €18,973
- Tax, wage and social debts -€94,947
down €94,947 (-94.2%), from €100,792 to €5,845
of which Taxes: -€98,947
- Gross operating margin -€383,370
down €383,370 (-97.2%), from €394,534 to €11,164
- Taxes -€109,472
down €109,472 (-94.6%), from €115,669 to €6,197
- Financial income +€28,129
up €28,129 (+105.1%), from €26,753 to €54,882
- Depreciation +€25,957
up €25,957 (+181.5%), from €14,306 to €40,263
- Financial charges -€18,087
down €18,087 (-63.1%), from €28,660 to €10,573
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 | €1,024,277 | €789,022 | -€235,255 | -23.0% |
| Fixed assets | 21/28 | €157,752 | €264,749 | +€106,997 | +67.8% |
| Tangible fixed assets | 22/27 | €16,192 | €123,189 | +€106,997 | +660.8% |
| Plant, machinery and equipment | 23 | €1,034 | €121,040 | +€120,006 | +11607.6% |
| Furniture and vehicles | 24 | €15,159 | €2,149 | -€13,009 | -85.8% |
| Financial fixed assets | 28 | €141,559 | €141,559 | = | 0.0% |
| Current assets | 29/58 | €866,525 | €524,273 | -€342,251 | -39.5% |
| Amounts receivable within one year | 40/41 | €577,474 | €91,080 | -€486,394 | -84.2% |
| Trade receivables | 40 | €522,085 | €11,414 | -€510,671 | -97.8% |
| Other amounts receivable | 41 | €55,389 | €79,666 | +€24,277 | +43.8% |
| Current investments | 50/53 | €245,392 | €372,854 | +€127,463 | +51.9% |
| Cash at bank and in hand | 54/58 | €42,425 | €59,839 | +€17,414 | +41.0% |
| Deferred charges and accrued income | 490/1 | €1,235 | €500 | -€735 | -59.5% |
| Total equity and liabilities | 10/49 | €1,024,277 | €789,022 | -€235,255 | -23.0% |
| Equity | 10/15 | €757,459 | €764,204 | +€6,745 | +0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €735,558 | €735,558 | = | 0.0% |
| Distributable reserves | 133 | €735,558 | €735,558 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,501 | €16,246 | +€6,745 | +71.0% |
| Amounts payable | 17/49 | €266,818 | €24,818 | -€242,000 | -90.7% |
| Amounts payable within one year | 42/48 | €266,818 | €24,818 | -€242,000 | -90.7% |
| Trade debts | 44 | €166,026 | €18,973 | -€147,053 | -88.6% |
| Suppliers | 440/4 | €166,026 | €18,973 | -€147,053 | -88.6% |
| Taxes, remuneration and social security | 45 | €100,792 | €5,845 | -€94,947 | -94.2% |
| Taxes | 450/3 | €100,792 | €1,845 | -€98,947 | -98.2% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,306 | €40,263 | +€25,957 | +181.5% |
| Other operating charges | 640/8 | €11,501 | €2,267 | -€9,234 | -80.3% |
| Gross operating margin | 9900 | €394,534 | €11,164 | -€383,370 | -97.2% |
| Operating profit (loss) | 9901 | €368,727 | -€31,366 | -€400,093 | |
| Financial income | 75/76B | €26,753 | €54,882 | +€28,129 | +105.1% |
| Recurring financial income | 75 | €26,753 | €54,882 | +€28,129 | +105.1% |
| Financial charges | 65/66B | €28,660 | €10,573 | -€18,087 | -63.1% |
| Recurring financial charges | 65 | €28,660 | €10,573 | -€18,087 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €366,820 | €12,943 | -€353,877 | -96.5% |
| Income taxes | 67/77 | €115,669 | €6,197 | -€109,472 | -94.6% |
| Profit (loss) for the period | 9904 | €251,150 | €6,745 | -€244,405 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €251,150 | €6,745 | -€244,405 | -97.3% |
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 9 October 2026 via checked.be.