NETDAYS: 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.
NETDAYS
Largest movements
- Receivables within one year +€160,298
up €160,298 (+15.8%), from €1.0m to €1.2m
of which Other amounts receivable: +€257,399
- Current investments +€115,547
up €115,547 (+11.0%), from €1.0m to €1.2m
- Tangible fixed assets -€76,683
down €76,683 (-18.6%), from €411,358 to €334,674
of which Land and buildings: -€67,090
- Cash +€39,491
up €39,491 (+19.3%), from €204,194 to €243,685
mainly Net result for the year (+€378,758) and Depreciation (+€104,050)
- Reserves +€378,758
up €378,758 (+18.4%), from €2.1m to €2.4m
- Other debts -€96,393
down €96,393 (-98.2%), from €98,111 to €1,718
- Tax, wage and social debts -€43,007
down €43,007 (-28.9%), from €149,051 to €106,045
- Gross operating margin -€438,615
down €438,615 (-45.5%), from €964,948 to €526,333
- Taxes -€139,989
down €139,989 (-41.4%), from €338,272 to €198,283
- Financial charges +€109,631
up €109,631, from -€10,947 to €98,684
- Financial income +€59,865
up €59,865 (+28.5%), from €209,751 to €269,617
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 | €2,687,640 | €2,927,334 | +€239,694 | +8.9% |
| Fixed assets | 21/28 | €411,358 | €334,674 | -€76,683 | -18.6% |
| Tangible fixed assets | 22/27 | €411,358 | €334,674 | -€76,683 | -18.6% |
| Land and buildings | 22 | €393,579 | €326,489 | -€67,090 | -17.0% |
| Plant, machinery and equipment | 23 | €1,531 | €2,486 | +€955 | +62.4% |
| Furniture and vehicles | 24 | €16,248 | €5,699 | -€10,549 | -64.9% |
| Current assets | 29/58 | €2,276,282 | €2,592,660 | +€316,378 | +13.9% |
| Stocks and contracts in progress | 3 | €892 | €872 | -€20 | -2.2% |
| Stocks | 30/36 | €892 | €872 | -€20 | -2.2% |
| Amounts receivable within one year | 40/41 | €1,016,684 | €1,176,982 | +€160,298 | +15.8% |
| Trade receivables | 40 | €140,022 | €42,921 | -€97,101 | -69.3% |
| Other amounts receivable | 41 | €876,662 | €1,134,061 | +€257,399 | +29.4% |
| Current investments | 50/53 | €1,047,725 | €1,163,272 | +€115,547 | +11.0% |
| Cash at bank and in hand | 54/58 | €204,194 | €243,685 | +€39,491 | +19.3% |
| Deferred charges and accrued income | 490/1 | €6,787 | €7,849 | +€1,062 | +15.6% |
| Total equity and liabilities | 10/49 | €2,687,640 | €2,927,334 | +€239,694 | +8.9% |
| Equity | 10/15 | €2,421,760 | €2,798,800 | +€377,040 | +15.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,053,144 | €2,431,902 | +€378,758 | +18.4% |
| Distributable reserves | 133 | €2,053,144 | €2,431,902 | +€378,758 | +18.4% |
| Profit (loss) carried forward | 14 | €343,616 | €341,898 | -€1,718 | -0.5% |
| Amounts payable | 17/49 | €265,880 | €128,534 | -€137,346 | -51.7% |
| Amounts payable within one year | 42/48 | €263,262 | €125,697 | -€137,565 | -52.3% |
| Financial debts | 43 | €9,346 | €5,103 | -€4,243 | -45.4% |
| Credit institutions | 430/8 | €9,346 | €5,103 | -€4,243 | -45.4% |
| Trade debts | 44 | €6,755 | €12,832 | +€6,077 | +90.0% |
| Suppliers | 440/4 | €6,755 | €12,832 | +€6,077 | +90.0% |
| Taxes, remuneration and social security | 45 | €149,051 | €106,045 | -€43,007 | -28.9% |
| Taxes | 450/3 | €149,051 | €106,045 | -€43,007 | -28.9% |
| Other amounts payable | 47/48 | €98,111 | €1,718 | -€96,393 | -98.2% |
| Accrued charges and deferred income | 492/3 | €2,618 | €2,837 | +€219 | +8.4% |
| Non-recurring operating income | 76A | €9,255 | €21,762 | +€12,506 | +135.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,221 | €104,050 | +€3,829 | +3.8% |
| Other operating charges | 640/8 | €14,330 | €16,175 | +€1,845 | +12.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €964,948 | €526,333 | -€438,615 | -45.5% |
| Operating profit (loss) | 9901 | €850,397 | €406,109 | -€444,289 | -52.2% |
| Financial income | 75/76B | €209,751 | €269,617 | +€59,865 | +28.5% |
| Recurring financial income | 75 | €209,751 | €269,617 | +€59,865 | +28.5% |
| Financial charges | 65/66B | -€10,947 | €98,684 | +€109,631 | |
| Recurring financial charges | 65 | -€10,947 | €98,684 | +€109,631 | |
| Profit (loss) for the period before taxes | 9903 | €1,071,096 | €577,041 | -€494,054 | -46.1% |
| Income taxes | 67/77 | €338,272 | €198,283 | -€139,989 | -41.4% |
| Profit (loss) for the period | 9904 | €732,824 | €378,758 | -€354,066 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €732,824 | €378,758 | -€354,066 | -48.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.