NetB: 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.
NetB
Largest movements
- Current investments -€21,357
down €21,357 (-99.8%), from €21,390 to €33
- Receivables within one year +€17,455
up €17,455 (+91.0%), from €19,173 to €36,628
of which Trade receivables: +€19,031
- Cash +€14,550
up €14,550 (+5.0%), from €290,027 to €304,577
mainly Net result for the year (+€109,831) and Current investments (+€21,357)
- Reserves -€30,702
down €30,702 (-11.7%), from €263,417 to €232,715
of which Distributable reserves: -€30,702
- Short-term financial debts +€12,528
up €12,528 (+494.5%), from €2,533 to €15,062
- Accrued charges and deferred income +€10,882
up €10,882 (+33.4%), from €32,536 to €43,418
- Tax, wage and social debts +€8,214
up €8,214 (+115.1%), from €7,137 to €15,352
- Trade debts +€7,014
up €7,014 (+648.4%), from €1,082 to €8,096
- Gross operating margin +€117,214
up €117,214 (+240.3%), from €48,775 to €165,989
- Taxes +€35,416
up €35,416 (+336.0%), from €10,539 to €45,955
- Depreciation -€7,758
down €7,758 (-100.0%), from €7,758 to €0
- Financial charges +€4,649
up €4,649 (+92.7%), from €5,018 to €9,666
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,768 | €341,483 | +€10,716 | +3.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €330,768 | €341,483 | +€10,716 | +3.2% |
| Amounts receivable within one year | 40/41 | €19,173 | €36,628 | +€17,455 | +91.0% |
| Trade receivables | 40 | €13,688 | €32,718 | +€19,031 | +139.0% |
| Other amounts receivable | 41 | €5,485 | €3,909 | -€1,576 | -28.7% |
| Current investments | 50/53 | €21,390 | €33 | -€21,357 | -99.8% |
| Cash at bank and in hand | 54/58 | €290,027 | €304,577 | +€14,550 | +5.0% |
| Deferred charges and accrued income | 490/1 | €177 | €246 | +€68 | +38.6% |
| Total equity and liabilities | 10/49 | €330,768 | €341,483 | +€10,716 | +3.2% |
| Equity | 10/15 | €282,017 | €251,315 | -€30,702 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €263,417 | €232,715 | -€30,702 | -11.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €263,417 | €232,715 | -€30,702 | -11.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,750 | €90,168 | +€41,418 | +85.0% |
| Amounts payable within one year | 42/48 | €16,214 | €46,750 | +€30,536 | +188.3% |
| Financial debts | 43 | €2,533 | €15,062 | +€12,528 | +494.5% |
| Credit institutions | 430/8 | €2,533 | €15,062 | +€12,528 | +494.5% |
| Trade debts | 44 | €1,082 | €8,096 | +€7,014 | +648.4% |
| Suppliers | 440/4 | €1,082 | €8,096 | +€7,014 | +648.4% |
| Taxes, remuneration and social security | 45 | €7,137 | €15,352 | +€8,214 | +115.1% |
| Taxes | 450/3 | €7,137 | €15,352 | +€8,214 | +115.1% |
| Other amounts payable | 47/48 | €5,462 | €8,241 | +€2,779 | +50.9% |
| Accrued charges and deferred income | 492/3 | €32,536 | €43,418 | +€10,882 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,758 | €0 | -€7,758 | -100.0% |
| Other operating charges | 640/8 | €1,757 | €1,140 | -€618 | -35.1% |
| Gross operating margin | 9900 | €48,775 | €165,989 | +€117,214 | +240.3% |
| Operating profit (loss) | 9901 | €39,260 | €164,850 | +€125,590 | +319.9% |
| Financial income | 75/76B | €401 | €602 | +€201 | +50.2% |
| Recurring financial income | 75 | €401 | €602 | +€201 | +50.2% |
| Financial charges | 65/66B | €5,018 | €9,666 | +€4,649 | +92.7% |
| Recurring financial charges | 65 | €5,018 | €9,666 | +€4,649 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | €34,643 | €155,786 | +€121,143 | +349.7% |
| Income taxes | 67/77 | €10,539 | €45,955 | +€35,416 | +336.0% |
| Profit (loss) for the period | 9904 | €24,104 | €109,831 | +€85,727 | +355.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,104 | €109,831 | +€85,727 | +355.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.