Netclass: 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.
Netclass
Largest movements
- Tangible fixed assets +€62,909
up €62,909 (+411.8%), from €15,277 to €78,186
of which Furniture and vehicles: +€61,522
- Receivables within one year -€14,131
down €14,131 (-11.9%), from €119,064 to €104,933
of which Trade receivables: -€23,662
- Debts after one year +€55,245
up €55,245 (+870.7%), from €6,345 to €61,590
- Trade debts -€8,027
down €8,027 (-81.3%), from €9,876 to €1,848
- Tax, wage and social debts -€7,547
down €7,547 (-27.1%), from €27,832 to €20,285
of which Taxes: -€8,903
- Profit (loss) carried forward +€6,144
up €6,144 (+7.2%), from €84,846 to €90,990
- Staff costs +€17,441
up €17,441 (+36.3%), from €48,031 to €65,472
- Gross operating margin +€11,867
up €11,867 (+13.4%), from €88,315 to €100,182
- Depreciation +€11,248
up €11,248 (+126.0%), from €8,928 to €20,177
- Financial charges +€3,301
up €3,301 (+429.7%), from €768 to €4,069
- Taxes -€1,562
down €1,562 (-18.8%), from €8,317 to €6,755
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 | €140,228 | €187,655 | +€47,427 | +33.8% |
| Fixed assets | 21/28 | €15,277 | €78,186 | +€62,909 | +411.8% |
| Tangible fixed assets | 22/27 | €15,277 | €78,186 | +€62,909 | +411.8% |
| Plant, machinery and equipment | 23 | €0 | €1,387 | +€1,387 | |
| Furniture and vehicles | 24 | €15,277 | €76,798 | +€61,522 | +402.7% |
| Current assets | 29/58 | €124,951 | €109,469 | -€15,482 | -12.4% |
| Amounts receivable within one year | 40/41 | €119,064 | €104,933 | -€14,131 | -11.9% |
| Trade receivables | 40 | €23,884 | €222 | -€23,662 | -99.1% |
| Other amounts receivable | 41 | €95,180 | €104,711 | +€9,531 | +10.0% |
| Cash at bank and in hand | 54/58 | €5,362 | €3,986 | -€1,376 | -25.7% |
| Deferred charges and accrued income | 490/1 | €525 | €550 | +€26 | +4.9% |
| Total equity and liabilities | 10/49 | €140,228 | €187,655 | +€47,427 | +33.8% |
| Equity | 10/15 | €88,846 | €94,990 | +€6,144 | +6.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,846 | €90,990 | +€6,144 | +7.2% |
| Amounts payable | 17/49 | €51,381 | €92,665 | +€41,284 | +80.3% |
| Amounts payable after more than one year | 17 | €6,345 | €61,590 | +€55,245 | +870.7% |
| Financial debts | 170/4 | €6,345 | €61,590 | +€55,245 | +870.7% |
| Amounts payable within one year | 42/48 | €45,037 | €31,075 | -€13,961 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €7,329 | €8,942 | +€1,613 | +22.0% |
| Trade debts | 44 | €9,876 | €1,848 | -€8,027 | -81.3% |
| Suppliers | 440/4 | €9,876 | €1,848 | -€8,027 | -81.3% |
| Taxes, remuneration and social security | 45 | €27,832 | €20,285 | -€7,547 | -27.1% |
| Taxes | 450/3 | €24,488 | €15,585 | -€8,903 | -36.4% |
| Remuneration and social security | 454/9 | €3,344 | €4,700 | +€1,356 | +40.5% |
| Remuneration, social security and pensions | 62 | €48,031 | €65,472 | +€17,441 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,928 | €20,177 | +€11,248 | +126.0% |
| Other operating charges | 640/8 | €4,515 | €3,346 | -€1,169 | -25.9% |
| Gross operating margin | 9900 | €88,315 | €100,182 | +€11,867 | +13.4% |
| Operating profit (loss) | 9901 | €26,841 | €11,187 | -€15,653 | -58.3% |
| Financial income | 75/76B | €4,394 | €5,780 | +€1,386 | +31.5% |
| Recurring financial income | 75 | €4,394 | €5,780 | +€1,386 | +31.5% |
| Financial charges | 65/66B | €768 | €4,069 | +€3,301 | +429.7% |
| Recurring financial charges | 65 | €768 | €4,069 | +€3,301 | +429.7% |
| Profit (loss) for the period before taxes | 9903 | €30,467 | €12,898 | -€17,569 | -57.7% |
| Income taxes | 67/77 | €8,317 | €6,755 | -€1,562 | -18.8% |
| Profit (loss) for the period | 9904 | €22,150 | €6,144 | -€16,006 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,150 | €6,144 | -€16,006 | -72.3% |
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 7 October 2026 via checked.be.