Netaldiam: 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.
Netaldiam
Largest movements
- Receivables within one year -€686,776
down €686,776 (-33.4%), from €2.1m to €1.4m
of which Trade receivables: -€691,425
- Cash +€353,079
up €353,079 (+738%), from €47,815 to €400,894
mainly Receivables within one year (+€686,776) and Stocks and contracts (+€89,859)
- Stocks and contracts -€89,859
down €89,859 (-15.9%), from €566,672 to €476,813
- Reserves -€248,148
down €248,148 (-18.9%), from €1.3m to €1.1m
of which Distributable reserves: -€248,148
- Debts after one year -€105,207
down €105,207 (-11.3%), from €928,339 to €823,132
- Short-term financial debts -€87,145
no longer reported in 2025 (was €87,145)
- Purchases and services +€3.6m
new in 2025: €3.6m
- Turnover +€3.6m
new in 2025: €3.6m
- Gross operating margin -€167,810
down €167,810, from €157,678 to -€10,132
- Financial income -€72,422
down €72,422 (-100%), from €72,422 to €0
- Financial charges +€44,376
up €44,376 (+28.4%), from €156,066 to €200,442
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.
Derived cash bridge
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 | €3,222,811 | €2,771,815 | -€450,996 | -14.0% |
| Fixed assets | 21/28 | €546,200 | €518,988 | -€27,212 | -5.0% |
| Tangible fixed assets | 22/27 | €546,200 | €518,988 | -€27,212 | -5.0% |
| Land and buildings | 22 | €544,610 | €518,028 | -€26,582 | -4.9% |
| Plant, machinery and equipment | 23 | €1,590 | €960 | -€630 | -39.6% |
| Current assets | 29/58 | €2,676,611 | €2,252,827 | -€423,784 | -15.8% |
| Stocks and contracts in progress | 3 | €566,672 | €476,813 | -€89,859 | -15.9% |
| Stocks | 30/36 | €566,672 | €476,813 | -€89,859 | -15.9% |
| Amounts receivable within one year | 40/41 | €2,059,073 | €1,372,298 | -€686,776 | -33.4% |
| Trade receivables | 40 | €2,057,932 | €1,366,508 | -€691,425 | -33.6% |
| Other amounts receivable | 41 | €1,141 | €5,790 | +€4,649 | +407% |
| Cash at bank and in hand | 54/58 | €47,815 | €400,894 | +€353,079 | +738% |
| Deferred charges and accrued income | 490/1 | €3,051 | €2,823 | -€228 | -7.5% |
| Total equity and liabilities | 10/49 | €3,222,811 | €2,771,815 | -€450,996 | -14.0% |
| Equity | 10/15 | €2,145,837 | €1,897,689 | -€248,148 | -11.6% |
| Contributions | 10/11 | €830,000 | €830,000 | = | 0.0% |
| Reserves | 13 | €1,315,837 | €1,067,689 | -€248,148 | -18.9% |
| Non-distributable reserves | 130/1 | €83,000 | €83,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €83,000 | €83,000 | = | 0.0% |
| Distributable reserves | 133 | €1,232,837 | €984,689 | -€248,148 | -20.1% |
| Amounts payable | 17/49 | €1,076,974 | €874,126 | -€202,848 | -18.8% |
| Amounts payable after more than one year | 17 | €928,339 | €823,132 | -€105,207 | -11.3% |
| Financial debts | 170/4 | €928,339 | €823,132 | -€105,207 | -11.3% |
| Amounts payable within one year | 42/48 | €148,635 | €50,994 | -€97,641 | -65.7% |
| Current portion of amounts payable after more than one year | 42 | €35,813 | €38,056 | +€2,243 | +6.3% |
| Financial debts | 43 | €87,145 | - | -€87,145 | |
| Credit institutions | 430/8 | €87,145 | - | -€87,145 | |
| Trade debts | 44 | €9,972 | €5,399 | -€4,573 | -45.9% |
| Suppliers | 440/4 | €9,972 | €5,399 | -€4,573 | -45.9% |
| Taxes, remuneration and social security | 45 | €12,629 | €7,539 | -€5,090 | -40.3% |
| Taxes | 450/3 | €12,629 | €7,539 | -€5,090 | -40.3% |
| Other amounts payable | 47/48 | €3,076 | €0 | -€3,076 | -100% |
| Turnover | 70 | - | €3,602,843 | +€3.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,625,475 | +€3.6m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,418 | €27,212 | -€206 | -0.8% |
| Other operating charges | 640/8 | €5,997 | €5,719 | -€278 | -4.6% |
| Gross operating margin | 9900 | €157,678 | -€10,132 | -€167,810 | |
| Operating profit (loss) | 9901 | €124,263 | -€43,063 | -€167,326 | |
| Financial income | 75/76B | €72,422 | €0 | -€72,422 | -100% |
| Recurring financial income | 75 | €72,422 | €0 | -€72,422 | -100% |
| Financial charges | 65/66B | €156,066 | €200,442 | +€44,376 | +28.4% |
| Recurring financial charges | 65 | €156,066 | €200,442 | +€44,376 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €40,619 | -€243,505 | -€284,124 | |
| Income taxes | 67/77 | €8,935 | €4,643 | -€4,292 | -48.0% |
| Profit (loss) for the period | 9904 | €31,684 | -€248,148 | -€279,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,684 | -€248,148 | -€279,832 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.