NET SERVE: 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 SERVE
Largest movements
- Cash +€10,713
up €10,713 (+2.6%), from €404,772 to €415,485
mainly Other debts (+€96,802) and Net result for the year (+€28,269)
- Tangible fixed assets -€8,851
down €8,851 (-26.4%), from €33,569 to €24,718
of which Furniture and vehicles: -€7,600
- Other debts +€96,802
up €96,802 (+39.9%), from €242,802 to €339,604
- Reserves -€87,313
down €87,313 (-49.7%), from €175,773 to €88,460
- Accrued charges and deferred income -€13,305
down €13,305 (-100.0%), from €13,305 to €0
- Tax, wage and social debts +€6,475
up €6,475 (+215.0%), from €3,011 to €9,487
of which Taxes: +€6,475
- Financial charges -€13,307
down €13,307 (-99.5%), from €13,377 to €69
- Gross operating margin -€3,993
down €3,993 (-6.1%), from €65,290 to €61,297
- Taxes +€1,970
up €1,970 (+19.8%), from €9,936 to €11,905
- Financial income -€1,759
down €1,759 (-99.8%), from €1,763 to €4
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 | €453,637 | €456,257 | +€2,620 | +0.6% |
| Fixed assets | 21/28 | €33,569 | €24,718 | -€8,851 | -26.4% |
| Tangible fixed assets | 22/27 | €33,569 | €24,718 | -€8,851 | -26.4% |
| Furniture and vehicles | 24 | €25,034 | €17,435 | -€7,600 | -30.4% |
| Other tangible fixed assets | 26 | €8,535 | €7,284 | -€1,251 | -14.7% |
| Current assets | 29/58 | €420,068 | €431,539 | +€11,471 | +2.7% |
| Amounts receivable within one year | 40/41 | €15,296 | €16,054 | +€758 | +5.0% |
| Trade receivables | 40 | €15,231 | €14,944 | -€288 | -1.9% |
| Other amounts receivable | 41 | €64 | €1,110 | +€1,046 | +1629.9% |
| Cash at bank and in hand | 54/58 | €404,772 | €415,485 | +€10,713 | +2.6% |
| Total equity and liabilities | 10/49 | €453,637 | €456,257 | +€2,620 | +0.6% |
| Equity | 10/15 | €194,373 | €107,060 | -€87,313 | -44.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175,773 | €88,460 | -€87,313 | -49.7% |
| Distributable reserves | 133 | €175,773 | €88,460 | -€87,313 | -49.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €259,264 | €349,197 | +€89,933 | +34.7% |
| Amounts payable within one year | 42/48 | €245,959 | €349,197 | +€103,238 | +42.0% |
| Trade debts | 44 | €146 | €106 | -€39 | -27.0% |
| Suppliers | 440/4 | €146 | €106 | -€39 | -27.0% |
| Taxes, remuneration and social security | 45 | €3,011 | €9,487 | +€6,475 | +215.0% |
| Taxes | 450/3 | €3,011 | €9,487 | +€6,475 | +215.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €242,802 | €339,604 | +€96,802 | +39.9% |
| Accrued charges and deferred income | 492/3 | €13,305 | €0 | -€13,305 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,202 | €19,424 | +€222 | +1.2% |
| Other operating charges | 640/8 | €1,430 | €1,634 | +€204 | +14.3% |
| Gross operating margin | 9900 | €65,290 | €61,297 | -€3,993 | -6.1% |
| Operating profit (loss) | 9901 | €44,659 | €40,239 | -€4,420 | -9.9% |
| Financial income | 75/76B | €1,763 | €4 | -€1,759 | -99.8% |
| Recurring financial income | 75 | €1,763 | €4 | -€1,759 | -99.8% |
| Financial charges | 65/66B | €13,377 | €69 | -€13,307 | -99.5% |
| Recurring financial charges | 65 | €13,377 | €69 | -€13,307 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €33,045 | €40,174 | +€7,129 | +21.6% |
| Income taxes | 67/77 | €9,936 | €11,905 | +€1,970 | +19.8% |
| Profit (loss) for the period | 9904 | €23,109 | €28,269 | +€5,159 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,109 | €28,269 | +€5,159 | +22.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.