NETIC-C: 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.
NETIC-C
Largest movements
- Cash +€84,575
up €84,575 (+13.9%), from €607,627 to €692,201
mainly Net result for the year (+€73,831) and Deferred charges and accrued income (+€12,533)
- Receivables within one year +€13,811
up €13,811 (+2784.2%), from €496 to €14,307
of which Trade receivables: +€14,076
- Deferred charges and accrued income -€12,533
down €12,533 (-91.5%), from €13,703 to €1,170
- Reserves +€73,831
up €73,831 (+13.5%), from €546,441 to €620,273
of which Distributable reserves: +€73,831
- Gross operating margin +€12,992
up €12,992 (+14.5%), from €89,467 to €102,459
- Financial income +€8,082
up €8,082 (+406.8%), from €1,987 to €10,069
- Taxes +€5,236
up €5,236 (+22.6%), from €23,123 to €28,359
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 | €632,152 | €713,091 | +€80,939 | +12.8% |
| Fixed assets | 21/28 | €10,326 | €5,412 | -€4,913 | -47.6% |
| Tangible fixed assets | 22/27 | €10,326 | €5,412 | -€4,913 | -47.6% |
| Furniture and vehicles | 24 | €10,326 | €5,412 | -€4,913 | -47.6% |
| Current assets | 29/58 | €621,826 | €707,678 | +€85,852 | +13.8% |
| Amounts receivable within one year | 40/41 | €496 | €14,307 | +€13,811 | +2784.2% |
| Trade receivables | 40 | €169 | €14,245 | +€14,076 | +8329.3% |
| Other amounts receivable | 41 | €327 | €62 | -€265 | -81.1% |
| Cash at bank and in hand | 54/58 | €607,627 | €692,201 | +€84,575 | +13.9% |
| Deferred charges and accrued income | 490/1 | €13,703 | €1,170 | -€12,533 | -91.5% |
| Total equity and liabilities | 10/49 | €632,152 | €713,091 | +€80,939 | +12.8% |
| Equity | 10/15 | €558,841 | €632,673 | +€73,831 | +13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €546,441 | €620,273 | +€73,831 | +13.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €544,581 | €618,413 | +€73,831 | +13.6% |
| Amounts payable | 17/49 | €73,310 | €80,418 | +€7,108 | +9.7% |
| Amounts payable within one year | 42/48 | €73,310 | €80,418 | +€7,108 | +9.7% |
| Trade debts | 44 | €1,973 | €2,080 | +€107 | +5.4% |
| Suppliers | 440/4 | €1,973 | €2,080 | +€107 | +5.4% |
| Taxes, remuneration and social security | 45 | €9,624 | €14,052 | +€4,428 | +46.0% |
| Taxes | 450/3 | €9,624 | €14,052 | +€4,428 | +46.0% |
| Other amounts payable | 47/48 | €61,713 | €64,286 | +€2,573 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,794 | €4,913 | +€119 | +2.5% |
| Other operating charges | 640/8 | €1,208 | €1,241 | +€33 | +2.7% |
| Gross operating margin | 9900 | €89,467 | €102,459 | +€12,992 | +14.5% |
| Operating profit (loss) | 9901 | €83,466 | €96,305 | +€12,839 | +15.4% |
| Financial income | 75/76B | €1,987 | €10,069 | +€8,082 | +406.8% |
| Recurring financial income | 75 | €1,987 | €10,069 | +€8,082 | +406.8% |
| Financial charges | 65/66B | €4,499 | €4,183 | -€316 | -7.0% |
| Recurring financial charges | 65 | €4,499 | €4,183 | -€316 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €80,953 | €102,191 | +€21,237 | +26.2% |
| Income taxes | 67/77 | €23,123 | €28,359 | +€5,236 | +22.6% |
| Profit (loss) for the period | 9904 | €57,830 | €73,831 | +€16,001 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,830 | €73,831 | +€16,001 | +27.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.