NET's DO IT: what changed
Two fiscal 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's DO IT
Largest movements
- Cash +€18,102
up €18,102 (+41.4%), from €43,733 to €61,835
mainly Net result for the year (+€34,598) and Receivables within one year (+€13,407)
- Receivables within one year -€13,407
no longer reported in 2025 (was €13,407)
of which Trade receivables: -€11,366
- Tangible fixed assets -€5,600
down €5,600 (-3.7%), from €152,128 to €146,528
of which Plant, machinery and equipment: -€7,197
- Profit (loss) carried forward +€14,598
up €14,598 (+22.4%), from €65,265 to €79,863
- Other debts -€10,281
down €10,281 (-32.1%), from €32,000 to €21,719
- Debts after one year -€6,772
down €6,772 (-8.5%), from €79,816 to €73,044
- Tax, wage and social debts +€2,295
up €2,295 (+48.1%), from €4,769 to €7,064
of which Taxes: +€3,514
- Financial income -€8,218
down €8,218 (-97.3%), from €8,450 to €232
of which Non-recurring financial income: -€8,300
- Gross operating margin +€6,635
up €6,635 (+13.3%), from €49,853 to €56,488
- Taxes +€2,509
up €2,509 (+23.8%), from €10,563 to €13,071
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 | €210,398 | €210,705 | +€307 | +0.1% |
| Fixed assets | 21/28 | €152,318 | €146,718 | -€5,600 | -3.7% |
| Tangible fixed assets | 22/27 | €152,128 | €146,528 | -€5,600 | -3.7% |
| Land and buildings | 22 | €141,596 | €143,876 | +€2,280 | +1.6% |
| Plant, machinery and equipment | 23 | €7,197 | - | -€7,197 | |
| Furniture and vehicles | 24 | €557 | €157 | -€400 | -71.8% |
| Other tangible fixed assets | 26 | €2,779 | €2,495 | -€283 | -10.2% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €58,079 | €63,987 | +€5,907 | +10.2% |
| Amounts receivable within one year | 40/41 | €13,407 | - | -€13,407 | |
| Trade receivables | 40 | €11,366 | - | -€11,366 | |
| Other amounts receivable | 41 | €2,041 | - | -€2,041 | |
| Cash at bank and in hand | 54/58 | €43,733 | €61,835 | +€18,102 | +41.4% |
| Deferred charges and accrued income | 490/1 | €940 | €2,151 | +€1,212 | +129.0% |
| Total equity and liabilities | 10/49 | €210,398 | €210,705 | +€307 | +0.1% |
| Equity | 10/15 | €85,725 | €100,323 | +€14,598 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,265 | €79,863 | +€14,598 | +22.4% |
| Amounts payable | 17/49 | €124,673 | €110,382 | -€14,290 | -11.5% |
| Amounts payable after more than one year | 17 | €79,816 | €73,044 | -€6,772 | -8.5% |
| Financial debts | 170/4 | €79,816 | €73,044 | -€6,772 | -8.5% |
| Amounts payable within one year | 42/48 | €44,835 | €37,321 | -€7,514 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €6,680 | €6,772 | +€92 | +1.4% |
| Trade debts | 44 | €1,385 | €1,766 | +€381 | +27.5% |
| Suppliers | 440/4 | €1,385 | €1,766 | +€381 | +27.5% |
| Taxes, remuneration and social security | 45 | €4,769 | €7,064 | +€2,295 | +48.1% |
| Taxes | 450/3 | €3,550 | €7,064 | +€3,514 | +99.0% |
| Remuneration and social security | 454/9 | €1,219 | - | -€1,219 | |
| Other amounts payable | 47/48 | €32,000 | €21,719 | -€10,281 | -32.1% |
| Accrued charges and deferred income | 492/3 | €22 | €18 | -€4 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,250 | €5,600 | +€350 | +6.7% |
| Other operating charges | 640/8 | €973 | €1,000 | +€27 | +2.7% |
| Gross operating margin | 9900 | €49,853 | €56,488 | +€6,635 | +13.3% |
| Operating profit (loss) | 9901 | €43,630 | €49,888 | +€6,258 | +14.3% |
| Financial income | 75/76B | €8,450 | €232 | -€8,218 | -97.3% |
| Recurring financial income | 75 | €150 | €232 | +€82 | +54.6% |
| Non-recurring financial income | 76B | €8,300 | - | -€8,300 | |
| Financial charges | 65/66B | €2,087 | €2,451 | +€363 | +17.4% |
| Recurring financial charges | 65 | €2,087 | €2,451 | +€363 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €49,993 | €47,669 | -€2,324 | -4.6% |
| Income taxes | 67/77 | €10,563 | €13,071 | +€2,509 | +23.8% |
| Profit (loss) for the period | 9904 | €39,430 | €34,598 | -€4,833 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,430 | €34,598 | -€4,833 | -12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.