Netbound: 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.
Netbound
Largest movements
- Cash +€46,523
up €46,523 (+100%), from €46,404 to €92,927
mainly Net result for the year (+€56,090) and Tax, wage and social debts (+€8,282)
- Tangible fixed assets +€1,641
up €1,641 (+63.9%), from €2,568 to €4,209
- Reserves +€49,190
up €49,190 (+166%), from €29,570 to €78,760
- Other debts -€8,915
down €8,915 (-97.8%), from €9,114 to €199
- Tax, wage and social debts +€8,282
up €8,282 (+113%), from €7,351 to €15,633
- Trade debts -€1,008
down €1,008 (-86.4%), from €1,166 to €158
- Gross operating margin +€34,215
up €34,215 (+91.2%), from €37,520 to €71,735
- Taxes +€6,902
up €6,902 (+93.9%), from €7,351 to €14,253
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 | €49,701 | €97,250 | +€47,548 | +95.7% |
| Fixed assets | 21/28 | €2,568 | €4,209 | +€1,641 | +63.9% |
| Tangible fixed assets | 22/27 | €2,568 | €4,209 | +€1,641 | +63.9% |
| Plant, machinery and equipment | 23 | €2,568 | €4,209 | +€1,641 | +63.9% |
| Current assets | 29/58 | €47,133 | €93,041 | +€45,908 | +97.4% |
| Amounts receivable within one year | 40/41 | €729 | €114 | -€615 | -84.3% |
| Other amounts receivable | 41 | €729 | €114 | -€615 | -84.3% |
| Cash at bank and in hand | 54/58 | €46,404 | €92,927 | +€46,523 | +100% |
| Total equity and liabilities | 10/49 | €49,701 | €97,250 | +€47,548 | +95.7% |
| Equity | 10/15 | €30,570 | €79,760 | +€49,190 | +161% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,570 | €78,760 | +€49,190 | +166% |
| Distributable reserves | 133 | €29,570 | €78,760 | +€49,190 | +166% |
| Amounts payable | 17/49 | €19,131 | €17,490 | -€1,642 | -8.6% |
| Amounts payable within one year | 42/48 | €17,631 | €15,990 | -€1,642 | -9.3% |
| Trade debts | 44 | €1,166 | €158 | -€1,008 | -86.4% |
| Suppliers | 440/4 | €1,166 | €158 | -€1,008 | -86.4% |
| Taxes, remuneration and social security | 45 | €7,351 | €15,633 | +€8,282 | +113% |
| Taxes | 450/3 | €7,351 | €15,633 | +€8,282 | +113% |
| Other amounts payable | 47/48 | €9,114 | €199 | -€8,915 | -97.8% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €641 | +€609 | +1,862% |
| Other operating charges | 640/8 | €311 | €664 | +€353 | +113% |
| Gross operating margin | 9900 | €37,520 | €71,735 | +€34,215 | +91.2% |
| Operating profit (loss) | 9901 | €37,176 | €70,430 | +€33,254 | +89.4% |
| Financial charges | 65/66B | €255 | €87 | -€168 | -65.9% |
| Recurring financial charges | 65 | €255 | €87 | -€168 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €36,921 | €70,343 | +€33,422 | +90.5% |
| Income taxes | 67/77 | €7,351 | €14,253 | +€6,902 | +93.9% |
| Profit (loss) for the period | 9904 | €29,570 | €56,090 | +€26,520 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,570 | €56,090 | +€26,520 | +89.7% |
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 31 October 2026 via checked.be.