NETIM Benelux: 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.
NETIM Benelux
Largest movements
- Cash -€56,704
down €56,704 (-25.1%), from €226,065 to €169,360
mainly Investment in fixed assets (net) (-€74,343) and Tax, wage and social debts (-€67,147)
- Tangible fixed assets +€44,499
up €44,499 (+46.1%), from €96,610 to €141,109
of which Furniture and vehicles: +€44,729
- Receivables within one year +€10,474
up €10,474 (+5.9%), from €177,689 to €188,163
of which Other amounts receivable: +€24,871
- Tax, wage and social debts -€67,147
down €67,147 (-50.1%), from €134,132 to €66,985
of which Taxes: -€66,412
- Trade debts +€63,035
up €63,035 (+179%), from €35,292 to €98,327
- Gross operating margin -€154,772
down €154,772 (-24.1%), from €642,434 to €487,662
- Taxes -€45,371
down €45,371 (-86.0%), from €52,765 to €7,393
- Staff costs +€33,686
up €33,686 (+8.1%), from €416,091 to €449,777
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 | €578,976 | €571,623 | -€7,353 | -1.3% |
| Fixed assets | 21/28 | €96,710 | €141,209 | +€44,499 | +46.0% |
| Tangible fixed assets | 22/27 | €96,610 | €141,109 | +€44,499 | +46.1% |
| Plant, machinery and equipment | 23 | €5,063 | €4,833 | -€230 | -4.5% |
| Furniture and vehicles | 24 | €91,547 | €136,276 | +€44,729 | +48.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €482,266 | €430,414 | -€51,852 | -10.8% |
| Stocks and contracts in progress | 3 | €78,512 | €72,891 | -€5,622 | -7.2% |
| Stocks | 30/36 | €78,512 | €72,891 | -€5,622 | -7.2% |
| Amounts receivable within one year | 40/41 | €177,689 | €188,163 | +€10,474 | +5.9% |
| Trade receivables | 40 | €154,008 | €139,611 | -€14,397 | -9.3% |
| Other amounts receivable | 41 | €23,681 | €48,552 | +€24,871 | +105% |
| Cash at bank and in hand | 54/58 | €226,065 | €169,360 | -€56,704 | -25.1% |
| Total equity and liabilities | 10/49 | €578,976 | €571,623 | -€7,353 | -1.3% |
| Equity | 10/15 | €407,152 | €406,311 | -€841 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,900 | €2,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,900 | €2,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,900 | €2,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €385,652 | €384,811 | -€841 | -0.2% |
| Amounts payable | 17/49 | €171,824 | €165,312 | -€6,512 | -3.8% |
| Amounts payable within one year | 42/48 | €171,824 | €165,312 | -€6,512 | -3.8% |
| Trade debts | 44 | €35,292 | €98,327 | +€63,035 | +179% |
| Suppliers | 440/4 | €35,292 | €98,327 | +€63,035 | +179% |
| Taxes, remuneration and social security | 45 | €134,132 | €66,985 | -€67,147 | -50.1% |
| Taxes | 450/3 | €79,637 | €13,225 | -€66,412 | -83.4% |
| Remuneration and social security | 454/9 | €54,495 | €53,760 | -€735 | -1.3% |
| Other amounts payable | 47/48 | €2,400 | - | -€2,400 | |
| Remuneration, social security and pensions | 62 | €416,091 | €449,777 | +€33,686 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,777 | €29,844 | -€3,933 | -11.6% |
| Other operating charges | 640/8 | €7,465 | €5,975 | -€1,490 | -20.0% |
| Gross operating margin | 9900 | €642,434 | €487,662 | -€154,772 | -24.1% |
| Operating profit (loss) | 9901 | €185,101 | €2,065 | -€183,036 | -98.9% |
| Financial income | 75/76B | €18,145 | €21,785 | +€3,641 | +20.1% |
| Recurring financial income | 75 | €21 | €21,785 | +€21,765 | +104,236% |
| Non-recurring financial income | 76B | €18,124 | €21,785 | +€3,662 | +20.2% |
| Financial charges | 65/66B | €17,117 | €17,298 | +€181 | +1.1% |
| Recurring financial charges | 65 | €17,117 | €17,298 | +€181 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €186,128 | €6,552 | -€179,576 | -96.5% |
| Income taxes | 67/77 | €52,765 | €7,393 | -€45,371 | -86.0% |
| Profit (loss) for the period | 9904 | €133,364 | -€841 | -€134,205 | |
| Profit (loss) for the period to be appropriated | 9905 | €133,364 | -€841 | -€134,205 |
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 26 October 2026 via checked.be.