NETIKA IT SERVICES: 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.
NETIKA IT SERVICES
Largest movements
- Cash -€146,837
down €146,837 (-36.1%), from €406,361 to €259,524
mainly Contributions, distributions and other (-€245,819) and Receivables within one year (-€140,628)
- Receivables within one year +€140,628
up €140,628 (+20.6%), from €682,499 to €823,127
of which Other amounts receivable: +€163,158
- Tangible fixed assets -€37,967
down €37,967 (-19.6%), from €193,422 to €155,455
of which Furniture and vehicles: -€19,533
- Stocks and contracts -€23,157
down €23,157 (-64.3%), from €36,011 to €12,854
- Tax, wage and social debts +€85,222
up €85,222 (+37.4%), from €227,592 to €312,814
of which Taxes: +€48,780
- Trade debts -€59,186
down €59,186 (-39.8%), from €148,632 to €89,446
- Short-term financial debts -€34,174
no longer reported in 2025 (was €34,174)
- Other debts -€25,587
down €25,587 (-9.4%), from €271,407 to €245,820
- Debts after one year -€20,990
down €20,990 (-49.6%), from €42,277 to €21,287
- Staff costs +€158,737
up €158,737 (+11.6%), from €1.4m to €1.5m
- Financial charges -€28,511
down €28,511 (-42.9%), from €66,536 to €38,025
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 | €1,318,293 | €1,254,000 | -€64,293 | -4.9% |
| Fixed assets | 21/28 | €193,422 | €158,495 | -€34,927 | -18.1% |
| Tangible fixed assets | 22/27 | €193,422 | €155,455 | -€37,967 | -19.6% |
| Land and buildings | 22 | €105,556 | €92,222 | -€13,334 | -12.6% |
| Plant, machinery and equipment | 23 | €59,892 | €54,792 | -€5,100 | -8.5% |
| Furniture and vehicles | 24 | €27,974 | €8,441 | -€19,533 | -69.8% |
| Financial fixed assets | 28 | - | €3,040 | +€3,040 | |
| Current assets | 29/58 | €1,124,871 | €1,095,505 | -€29,366 | -2.6% |
| Stocks and contracts in progress | 3 | €36,011 | €12,854 | -€23,157 | -64.3% |
| Stocks | 30/36 | €36,011 | €12,854 | -€23,157 | -64.3% |
| Amounts receivable within one year | 40/41 | €682,499 | €823,127 | +€140,628 | +20.6% |
| Trade receivables | 40 | €308,989 | €286,459 | -€22,530 | -7.3% |
| Other amounts receivable | 41 | €373,510 | €536,668 | +€163,158 | +43.7% |
| Cash at bank and in hand | 54/58 | €406,361 | €259,524 | -€146,837 | -36.1% |
| Total equity and liabilities | 10/49 | €1,318,293 | €1,254,000 | -€64,293 | -4.9% |
| Equity | 10/15 | €301,414 | €284,693 | -€16,721 | -5.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €201,414 | €184,693 | -€16,721 | -8.3% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €731 | €731 | = | 0.0% |
| Distributable reserves | 133 | €190,683 | €173,962 | -€16,721 | -8.8% |
| Amounts payable | 17/49 | €1,016,879 | €969,307 | -€47,572 | -4.7% |
| Amounts payable after more than one year | 17 | €42,277 | €21,287 | -€20,990 | -49.6% |
| Financial debts | 170/4 | €42,277 | €21,287 | -€20,990 | -49.6% |
| Amounts payable within one year | 42/48 | €702,503 | €668,598 | -€33,905 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €20,698 | €20,518 | -€180 | -0.9% |
| Financial debts | 43 | €34,174 | - | -€34,174 | |
| Credit institutions | 430/8 | €34,174 | - | -€34,174 | |
| Trade debts | 44 | €148,632 | €89,446 | -€59,186 | -39.8% |
| Suppliers | 440/4 | €148,632 | €89,446 | -€59,186 | -39.8% |
| Taxes, remuneration and social security | 45 | €227,592 | €312,814 | +€85,222 | +37.4% |
| Taxes | 450/3 | €86,655 | €135,435 | +€48,780 | +56.3% |
| Remuneration and social security | 454/9 | €140,937 | €177,379 | +€36,442 | +25.9% |
| Other amounts payable | 47/48 | €271,407 | €245,820 | -€25,587 | -9.4% |
| Accrued charges and deferred income | 492/3 | €272,099 | €279,422 | +€7,323 | +2.7% |
| Non-recurring operating income | 76A | - | €2,671 | +€2,671 | |
| Remuneration, social security and pensions | 62 | €1,373,575 | €1,532,312 | +€158,737 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,117 | €68,558 | +€5,441 | +8.6% |
| Other operating charges | 640/8 | €2,485 | €7,591 | +€5,106 | +205% |
| Non-recurring operating charges | 66A | €3,707 | €1,185 | -€2,522 | -68.0% |
| Gross operating margin | 9900 | €1,976,857 | €1,991,280 | +€14,423 | +0.7% |
| Operating profit (loss) | 9901 | €533,973 | €381,634 | -€152,339 | -28.5% |
| Financial income | 75/76B | €5,633 | €5,434 | -€199 | -3.5% |
| Recurring financial income | 75 | €5,633 | €5,434 | -€199 | -3.5% |
| Financial charges | 65/66B | €66,536 | €38,025 | -€28,511 | -42.9% |
| Recurring financial charges | 65 | €66,536 | €38,025 | -€28,511 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €473,070 | €349,043 | -€124,027 | -26.2% |
| Income taxes | 67/77 | €116,384 | €119,945 | +€3,561 | +3.1% |
| Profit (loss) for the period | 9904 | €356,686 | €229,098 | -€127,588 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €356,686 | €229,098 | -€127,588 | -35.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.