Netadvise: 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.
Netadvise
Largest movements
- Cash -€90,610
down €90,610 (-63.7%), from €142,217 to €51,607
mainly Contributions, distributions and other (-€245,170) and Tax, wage and social debts (-€6,023)
- Deferred charges and accrued income -€4,122
down €4,122 (-88.5%), from €4,655 to €534
- Receivables within one year +€3,502
up €3,502 (+9.6%), from €36,582 to €40,084
of which Trade receivables: +€2,293
- Profit (loss) carried forward -€165,578
down €165,578 (-100.0%), from €165,578 to €0
- Other debts +€79,592
up €79,592 (+86843.5%), from €92 to €79,684
- Tax, wage and social debts -€6,023
down €6,023 (-34.6%), from €17,405 to €11,382
- Gross operating margin +€2,918
up €2,918 (+2.9%), from €101,434 to €104,352
- Financial income -€1,280
down €1,280 (-99.8%), from €1,283 to €2
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 | €188,200 | €96,654 | -€91,546 | -48.6% |
| Fixed assets | 21/28 | €4,746 | €4,430 | -€316 | -6.7% |
| Intangible fixed assets | 21 | €437 | €287 | -€150 | -34.3% |
| Tangible fixed assets | 22/27 | €4,309 | €4,143 | -€166 | -3.8% |
| Plant, machinery and equipment | 23 | €1,077 | €2,077 | +€1,000 | +92.9% |
| Furniture and vehicles | 24 | €3,232 | €2,066 | -€1,166 | -36.1% |
| Current assets | 29/58 | €183,454 | €92,224 | -€91,230 | -49.7% |
| Amounts receivable within one year | 40/41 | €36,582 | €40,084 | +€3,502 | +9.6% |
| Trade receivables | 40 | €36,137 | €38,429 | +€2,293 | +6.3% |
| Other amounts receivable | 41 | €446 | €1,654 | +€1,209 | +271.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €142,217 | €51,607 | -€90,610 | -63.7% |
| Deferred charges and accrued income | 490/1 | €4,655 | €534 | -€4,122 | -88.5% |
| Total equity and liabilities | 10/49 | €188,200 | €96,654 | -€91,546 | -48.6% |
| Equity | 10/15 | €170,578 | €5,000 | -€165,578 | -97.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,578 | €0 | -€165,578 | -100.0% |
| Amounts payable | 17/49 | €17,622 | €91,654 | +€74,032 | +420.1% |
| Amounts payable within one year | 42/48 | €17,619 | €91,654 | +€74,035 | +420.2% |
| Trade debts | 44 | €122 | €588 | +€466 | +380.5% |
| Suppliers | 440/4 | €122 | €588 | +€466 | +380.5% |
| Taxes, remuneration and social security | 45 | €17,405 | €11,382 | -€6,023 | -34.6% |
| Taxes | 450/3 | €17,405 | €11,382 | -€6,023 | -34.6% |
| Other amounts payable | 47/48 | €92 | €79,684 | +€79,592 | +86843.5% |
| Accrued charges and deferred income | 492/3 | €3 | €0 | -€3 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,136 | €1,753 | +€617 | +54.3% |
| Other operating charges | 640/8 | €453 | €859 | +€406 | +89.7% |
| Gross operating margin | 9900 | €101,434 | €104,352 | +€2,918 | +2.9% |
| Operating profit (loss) | 9901 | €99,846 | €101,741 | +€1,895 | +1.9% |
| Financial income | 75/76B | €1,283 | €2 | -€1,280 | -99.8% |
| Recurring financial income | 75 | €1,283 | €2 | -€1,280 | -99.8% |
| Financial charges | 65/66B | €1,804 | €1,806 | +€2 | +0.1% |
| Recurring financial charges | 65 | €1,804 | €1,806 | +€2 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €99,325 | €99,938 | +€613 | +0.6% |
| Income taxes | 67/77 | €20,127 | €20,346 | +€219 | +1.1% |
| Profit (loss) for the period | 9904 | €79,198 | €79,592 | +€394 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,198 | €79,592 | +€394 | +0.5% |
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 7 October 2026 via checked.be.