Netflex: 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.
Netflex
Largest movements
- Tangible fixed assets -€41,026
no longer reported in 2025 (was €41,026)
- Cash +€12,356
up €12,356 (+95.6%), from €12,925 to €25,281
mainly Investment in fixed assets (net) (+€41,026) and Receivables within one year (+€505)
- Reserves -€29,422
down €29,422 (-98.8%), from €29,775 to €353
- Depreciation -€9,778
no longer reported in 2025 (was €9,778)
- Gross operating margin +€225
up €225 (+11.1%), from -€2,026 to -€1,800
- Financial charges -€22
down €22 (-10.9%), from €206 to €183
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 | €56,902 | €27,729 | -€29,173 | -51.3% |
| Fixed assets | 21/28 | €41,026 | - | -€41,026 | |
| Tangible fixed assets | 22/27 | €41,026 | - | -€41,026 | |
| Plant, machinery and equipment | 23 | €41,026 | - | -€41,026 | |
| Current assets | 29/58 | €15,876 | €27,729 | +€11,853 | +74.7% |
| Amounts receivable within one year | 40/41 | €2,905 | €2,400 | -€505 | -17.4% |
| Other amounts receivable | 41 | €2,905 | €2,400 | -€505 | -17.4% |
| Cash at bank and in hand | 54/58 | €12,925 | €25,281 | +€12,356 | +95.6% |
| Deferred charges and accrued income | 490/1 | €47 | €48 | +€1 | +2.9% |
| Total equity and liabilities | 10/49 | €56,902 | €27,729 | -€29,173 | -51.3% |
| Equity | 10/15 | €55,275 | €25,853 | -€29,422 | -53.2% |
| Contributions | 10/11 | €25,500 | €25,500 | = | 0.0% |
| Reserves | 13 | €29,775 | €353 | -€29,422 | -98.8% |
| Distributable reserves | 133 | €29,775 | €353 | -€29,422 | -98.8% |
| Amounts payable | 17/49 | €1,627 | €1,876 | +€249 | +15.3% |
| Amounts payable within one year | 42/48 | €427 | €676 | +€249 | +58.2% |
| Trade debts | 44 | €427 | €676 | +€249 | +58.2% |
| Suppliers | 440/4 | €427 | €676 | +€249 | +58.2% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,778 | - | -€9,778 | |
| Other operating charges | 640/8 | €599 | €613 | +€14 | +2.3% |
| Non-recurring operating charges | 66A | - | €26,826 | +€26,826 | |
| Gross operating margin | 9900 | -€2,026 | -€1,800 | +€225 | +11.1% |
| Operating profit (loss) | 9901 | -€12,403 | -€29,239 | -€16,837 | -136% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €206 | €183 | -€22 | -10.9% |
| Recurring financial charges | 65 | €206 | €183 | -€22 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,591 | -€29,422 | -€16,832 | -134% |
| Profit (loss) for the period | 9904 | -€12,591 | -€29,422 | -€16,832 | -134% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,591 | -€29,422 | -€16,832 | -134% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.