NETAICO: 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.
NETAICO
Largest movements
- Current investments -€175,000
down €175,000 (-100.0%), from €175,000 to €0
- Cash +€67,971
up €67,971 (+49.4%), from €137,538 to €205,509
mainly Net result for the year (+€212,139) and Current investments (+€175,000)
- Tangible fixed assets -€10,396
down €10,396 (-4.6%), from €223,634 to €213,238
- Reserves -€97,861
down €97,861 (-31.5%), from €310,566 to €212,705
- Debts after one year -€16,850
down €16,850 (-8.9%), from €190,229 to €173,379
- Financial income -€8,116
down €8,116 (-85.5%), from €9,487 to €1,371
- Gross operating margin +€3,196
up €3,196 (+1.1%), from €286,942 to €290,137
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 | €538,288 | €422,762 | -€115,526 | -21.5% |
| Fixed assets | 21/28 | €223,634 | €213,238 | -€10,396 | -4.6% |
| Tangible fixed assets | 22/27 | €223,634 | €213,238 | -€10,396 | -4.6% |
| Land and buildings | 22 | €223,634 | €213,238 | -€10,396 | -4.6% |
| Current assets | 29/58 | €314,655 | €209,524 | -€105,131 | -33.4% |
| Amounts receivable within one year | 40/41 | €1,386 | €3,251 | +€1,865 | +134.6% |
| Trade receivables | 40 | €1,386 | €2,815 | +€1,429 | +103.1% |
| Other amounts receivable | 41 | - | €436 | +€436 | |
| Current investments | 50/53 | €175,000 | €0 | -€175,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €137,538 | €205,509 | +€67,971 | +49.4% |
| Deferred charges and accrued income | 490/1 | €730 | €764 | +€34 | +4.6% |
| Total equity and liabilities | 10/49 | €538,288 | €422,762 | -€115,526 | -21.5% |
| Equity | 10/15 | €311,566 | €213,705 | -€97,861 | -31.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €310,566 | €212,705 | -€97,861 | -31.5% |
| Distributable reserves | 133 | €310,566 | €212,705 | -€97,861 | -31.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €226,722 | €209,057 | -€17,665 | -7.8% |
| Amounts payable after more than one year | 17 | €190,229 | €173,379 | -€16,850 | -8.9% |
| Financial debts | 170/4 | €190,229 | €173,379 | -€16,850 | -8.9% |
| Amounts payable within one year | 42/48 | €36,492 | €35,678 | -€815 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €16,683 | €16,850 | +€167 | +1.0% |
| Trade debts | 44 | €2,612 | €3,783 | +€1,170 | +44.8% |
| Suppliers | 440/4 | €2,612 | €3,783 | +€1,170 | +44.8% |
| Taxes, remuneration and social security | 45 | €12,992 | €12,515 | -€477 | -3.7% |
| Taxes | 450/3 | €12,992 | €12,515 | -€477 | -3.7% |
| Other amounts payable | 47/48 | €4,205 | €2,530 | -€1,675 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,396 | €10,396 | = | 0.0% |
| Other operating charges | 640/8 | €1,885 | €1,973 | +€87 | +4.6% |
| Gross operating margin | 9900 | €286,942 | €290,137 | +€3,196 | +1.1% |
| Operating profit (loss) | 9901 | €274,661 | €277,769 | +€3,108 | +1.1% |
| Financial income | 75/76B | €9,487 | €1,371 | -€8,116 | -85.5% |
| Recurring financial income | 75 | €9,487 | €1,371 | -€8,116 | -85.5% |
| Financial charges | 65/66B | €27 | €2,026 | +€1,999 | +7425.4% |
| Recurring financial charges | 65 | €27 | €2,026 | +€1,999 | +7425.4% |
| Profit (loss) for the period before taxes | 9903 | €284,121 | €277,115 | -€7,007 | -2.5% |
| Income taxes | 67/77 | €66,410 | €64,976 | -€1,434 | -2.2% |
| Profit (loss) for the period | 9904 | €217,711 | €212,139 | -€5,573 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €217,711 | €212,139 | -€5,573 | -2.6% |
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.