NETHEDAL: what changed
What changed
NETHEDAL
NACE 88.993, Social work activities without accommodation
filed annual accounts (NBB)
Net result for the year
€93,467
2024 · -€12,679+€106,146
Equity
€1.1m
2024 · €987,993+€93,467
Cash
€930,881
2024 · €857,396+€73,485
Balance sheet total
€2.8m
2024 · €2.7m+€118,191
Largest movements
Assets
- Cash +€73,485
up €73,485 (+8.6%), from €857,396 to €930,881
mainly Net result for the year (+€93,467) and Depreciation (+€56,570)
- Receivables within one year +€45,267
up €45,267 (+3.4%), from €1.3m to €1.4m
Equity and liabilities
- Profit (loss) carried forward +€93,467
up €93,467 (+11.2%), from €833,625 to €927,092
Income statement
- Gross operating margin +€96,128
up €96,128 (+6.6%), from €1.4m to €1.5m
- Purchases and services +€42,165
up €42,165 (+13.0%), from €323,331 to €365,497
- Staff costs -€32,479
down €32,479 (-2.3%), from €1.4m to €1.4m
- Depreciation +€21,673
up €21,673 (+62.1%), from €34,896 to €56,570
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€12,679
Gross operating margin
+€96,128
Staff costs
+€32,479
Depreciation
-€21,673
Other operating charges
+€1,486
Other operating items
-€1,013
Financial income
-€1,554
Financial charges
+€293
Result 2025
€93,467
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€136,739
Investment
-€63,254
Financing
€0
Cash 2024
€857,396
From operations (derived)
+€136,739
Net result for the year
+€93,467
Depreciation
+€56,570
Receivables within one year
-€45,267
Deferred charges and accrued income
+€7,245
Trade debts
+€25,885
Tax, wage and social debts
+€163
Accrued charges and deferred income
-€1,325
Investment (derived)
-€63,254
Investment in fixed assets (net)
-€63,254
Cash 2025
€930,881
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,703,799 | €2,821,990 | +€118,191 | +4.4% |
| Fixed assets | 21/28 | €492,876 | €499,561 | +€6,684 | +1.4% |
| Tangible fixed assets | 22/27 | €481,845 | €488,529 | +€6,684 | +1.4% |
| Land and buildings | 22 | €391,782 | €368,290 | -€23,493 | -6.0% |
| Plant, machinery and equipment | 23 | €5,207 | €3,583 | -€1,624 | -31.2% |
| Furniture and vehicles | 24 | €84,856 | €116,656 | +€31,801 | +37.5% |
| Financial fixed assets | 28 | €11,031 | €11,031 | = | 0.0% |
| Current assets | 29/58 | €2,210,923 | €2,322,429 | +€111,507 | +5.0% |
| Amounts receivable within one year | 40/41 | €1,344,262 | €1,389,529 | +€45,267 | +3.4% |
| Trade receivables | 40 | €1,344,262 | €1,389,529 | +€45,267 | +3.4% |
| Cash at bank and in hand | 54/58 | €857,396 | €930,881 | +€73,485 | +8.6% |
| Deferred charges and accrued income | 490/1 | €9,264 | €2,019 | -€7,245 | -78.2% |
| Total equity and liabilities | 10/49 | €2,703,799 | €2,821,990 | +€118,191 | +4.4% |
| Equity | 10/15 | €987,993 | €1,081,460 | +€93,467 | +9.5% |
| Profit (loss) carried forward | 14 | €833,625 | €927,092 | +€93,467 | +11.2% |
| Investment grants | 15 | €154,368 | €154,368 | = | 0.0% |
| Amounts payable | 17/49 | €1,715,806 | €1,740,529 | +€24,724 | +1.4% |
| Amounts payable after more than one year | 17 | €97,598 | €97,598 | = | 0.0% |
| Financial debts | 170/4 | €9,916 | €9,916 | = | 0.0% |
| Other amounts payable | 178/9 | €87,682 | €87,682 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,616,883 | €1,642,932 | +€26,049 | +1.6% |
| Trade debts | 44 | €1,453,896 | €1,479,782 | +€25,885 | +1.8% |
| Suppliers | 440/4 | €1,453,896 | €1,479,782 | +€25,885 | +1.8% |
| Taxes, remuneration and social security | 45 | €162,987 | €163,150 | +€163 | +0.1% |
| Remuneration and social security | 454/9 | €162,987 | €163,150 | +€163 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,325 | - | -€1,325 | |
| Turnover | 70 | €266,862 | €275,762 | +€8,900 | +3.3% |
| Membership fees, donations, legacies and grants | 73 | €1,445,702 | €1,545,813 | +€100,111 | +6.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €323,331 | €365,497 | +€42,165 | +13.0% |
| Remuneration, social security and pensions | 62 | €1,420,436 | €1,387,957 | -€32,479 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,896 | €56,570 | +€21,673 | +62.1% |
| Other operating charges | 640/8 | €3,347 | €1,861 | -€1,486 | -44.4% |
| Non-recurring operating charges | 66A | €584 | €1,598 | +€1,013 | +173% |
| Gross operating margin | 9900 | €1,445,703 | €1,541,831 | +€96,128 | +6.6% |
| Operating profit (loss) | 9901 | -€13,561 | €93,845 | +€107,407 | |
| Financial income | 75/76B | €1,559 | €5 | -€1,554 | -99.7% |
| Recurring financial income | 75 | €1,559 | €5 | -€1,554 | -99.7% |
| Financial charges | 65/66B | €676 | €383 | -€293 | -43.4% |
| Recurring financial charges | 65 | €676 | €383 | -€293 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,679 | €93,467 | +€106,146 | |
| Profit (loss) for the period | 9904 | -€12,679 | €93,467 | +€106,146 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,679 | €93,467 | +€106,146 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.