NETCONFIG: 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.
NETCONFIG
Largest movements
- Tangible fixed assets +€41,511
up €41,511 (+144.0%), from €28,822 to €70,333
of which Furniture and vehicles: +€45,871
- Cash -€24,827
down €24,827 (-41.4%), from €60,003 to €35,176
mainly Contributions, distributions and other (-€132,850) and Investment in fixed assets (net) (-€52,592)
- Receivables within one year -€8,654
down €8,654 (-22.6%), from €38,229 to €29,575
of which Other amounts receivable: -€5,422
- Reserves -€114,797
down €114,797 (-88.6%), from €129,564 to €14,766
- Other debts +€83,553
up €83,553 (+128.5%), from €65,000 to €148,553
- Debts after one year +€30,406
new in 2025: €30,406
- Current portion of long-term debt +€10,510
new in 2025: €10,510
- Trade debts +€3,123
up €3,123 (+157.4%), from €1,984 to €5,107
- Staff costs +€33,766
up €33,766 (+155.1%), from €21,773 to €55,540
- Gross operating margin +€24,555
up €24,555 (+37.2%), from €66,094 to €90,650
- Financial income +€2,992
up €2,992 (+293364.7%), from €1 to €2,993
- Depreciation +€2,287
up €2,287 (+26.0%), from €8,794 to €11,081
- Taxes -€1,281
down €1,281 (-15.2%), from €8,417 to €7,137
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 | €229,725 | €239,489 | +€9,764 | +4.3% |
| Fixed assets | 21/28 | €28,822 | €70,333 | +€41,511 | +144.0% |
| Tangible fixed assets | 22/27 | €28,822 | €70,333 | +€41,511 | +144.0% |
| Land and buildings | 22 | €21,681 | €17,710 | -€3,971 | -18.3% |
| Plant, machinery and equipment | 23 | €1,821 | €1,433 | -€388 | -21.3% |
| Furniture and vehicles | 24 | €5,319 | €51,190 | +€45,871 | +862.4% |
| Current assets | 29/58 | €200,904 | €169,156 | -€31,748 | -15.8% |
| Amounts receivable after more than one year | 29 | €99,500 | €99,500 | = | 0.0% |
| Other amounts receivable | 291 | €99,500 | €99,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,229 | €29,575 | -€8,654 | -22.6% |
| Trade receivables | 40 | €27,632 | €24,400 | -€3,232 | -11.7% |
| Other amounts receivable | 41 | €10,597 | €5,175 | -€5,422 | -51.2% |
| Current investments | 50/53 | €980 | €980 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,003 | €35,176 | -€24,827 | -41.4% |
| Deferred charges and accrued income | 490/1 | €2,191 | €3,925 | +€1,733 | +79.1% |
| Total equity and liabilities | 10/49 | €229,725 | €239,489 | +€9,764 | +4.3% |
| Equity | 10/15 | €148,164 | €33,366 | -€114,797 | -77.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,564 | €14,766 | -€114,797 | -88.6% |
| Distributable reserves | 133 | €129,564 | €14,766 | -€114,797 | -88.6% |
| Amounts payable | 17/49 | €81,562 | €206,123 | +€124,561 | +152.7% |
| Amounts payable after more than one year | 17 | - | €30,406 | +€30,406 | |
| Financial debts | 170/4 | - | €30,406 | +€30,406 | |
| Amounts payable within one year | 42/48 | €81,562 | €175,717 | +€94,155 | +115.4% |
| Current portion of amounts payable after more than one year | 42 | - | €10,510 | +€10,510 | |
| Trade debts | 44 | €1,984 | €5,107 | +€3,123 | +157.4% |
| Suppliers | 440/4 | €1,984 | €5,107 | +€3,123 | +157.4% |
| Taxes, remuneration and social security | 45 | €14,578 | €11,546 | -€3,031 | -20.8% |
| Taxes | 450/3 | €12,067 | €4,814 | -€7,253 | -60.1% |
| Remuneration and social security | 454/9 | €2,510 | €6,732 | +€4,222 | +168.2% |
| Other amounts payable | 47/48 | €65,000 | €148,553 | +€83,553 | +128.5% |
| Remuneration, social security and pensions | 62 | €21,773 | €55,540 | +€33,766 | +155.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,794 | €11,081 | +€2,287 | +26.0% |
| Other operating charges | 640/8 | €759 | €966 | +€207 | +27.3% |
| Gross operating margin | 9900 | €66,094 | €90,650 | +€24,555 | +37.2% |
| Operating profit (loss) | 9901 | €34,768 | €23,063 | -€11,705 | -33.7% |
| Financial income | 75/76B | €1 | €2,993 | +€2,992 | +293364.7% |
| Recurring financial income | 75 | €1 | €2,993 | +€2,992 | +293364.7% |
| Financial charges | 65/66B | €624 | €867 | +€243 | +39.0% |
| Recurring financial charges | 65 | €624 | €867 | +€243 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €34,146 | €25,189 | -€8,956 | -26.2% |
| Income taxes | 67/77 | €8,417 | €7,137 | -€1,281 | -15.2% |
| Profit (loss) for the period | 9904 | €25,728 | €18,053 | -€7,675 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,728 | €18,053 | -€7,675 | -29.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.