NETINTELLECT: 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.
NETINTELLECT
Largest movements
- Cash +€25,703
up €25,703 (+18.4%), from €139,927 to €165,630
mainly Net result for the year (+€43,897) and Depreciation (+€12,124)
- Receivables within one year -€8,938
down €8,938 (-51.8%), from €17,243 to €8,305
of which Trade receivables: -€8,966
- Tangible fixed assets -€5,010
down €5,010 (-11.6%), from €43,246 to €38,236
of which Furniture and vehicles: -€6,361
- Reserves +€16,447
up €16,447 (+10.3%), from €159,679 to €176,126
of which Distributable reserves: +€16,447
- Debts after one year -€6,460
down €6,460 (-27.1%), from €23,860 to €17,399
- Short-term financial debts -€3,381
no longer reported in 2025 (was €3,381)
- Tax, wage and social debts +€2,810
up €2,810 (+55.2%), from €5,096 to €7,906
- Gross operating margin +€19,155
up €19,155 (+34.5%), from €55,518 to €74,672
- Financial income -€2,849
down €2,849 (-99.0%), from €2,878 to €29
- Taxes +€2,519
up €2,519 (+18.8%), from €13,422 to €15,941
- Depreciation +€1,808
up €1,808 (+17.5%), from €10,317 to €12,124
- Other operating charges +€1,050
up €1,050 (+313%), from €335 to €1,385
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 | €201,579 | €213,542 | +€11,963 | +5.9% |
| Fixed assets | 21/28 | €43,246 | €38,236 | -€5,010 | -11.6% |
| Tangible fixed assets | 22/27 | €43,246 | €38,236 | -€5,010 | -11.6% |
| Land and buildings | 22 | €4,056 | €3,239 | -€817 | -20.1% |
| Furniture and vehicles | 24 | €36,587 | €30,226 | -€6,361 | -17.4% |
| Other tangible fixed assets | 26 | €2,603 | €4,771 | +€2,168 | +83.3% |
| Current assets | 29/58 | €158,333 | €175,305 | +€16,973 | +10.7% |
| Amounts receivable within one year | 40/41 | €17,243 | €8,305 | -€8,938 | -51.8% |
| Trade receivables | 40 | €17,243 | €8,276 | -€8,966 | -52.0% |
| Other amounts receivable | 41 | - | €29 | +€29 | |
| Cash at bank and in hand | 54/58 | €139,927 | €165,630 | +€25,703 | +18.4% |
| Deferred charges and accrued income | 490/1 | €1,163 | €1,370 | +€207 | +17.8% |
| Total equity and liabilities | 10/49 | €201,579 | €213,542 | +€11,963 | +5.9% |
| Equity | 10/15 | €159,679 | €176,126 | +€16,447 | +10.3% |
| Reserves | 13 | €159,679 | €176,126 | +€16,447 | +10.3% |
| Tax-exempt reserves | 132 | €243 | €243 | = | 0.0% |
| Distributable reserves | 133 | €159,436 | €175,883 | +€16,447 | +10.3% |
| Amounts payable | 17/49 | €41,900 | €37,416 | -€4,484 | -10.7% |
| Amounts payable after more than one year | 17 | €23,860 | €17,399 | -€6,460 | -27.1% |
| Financial debts | 170/4 | €23,860 | €17,399 | -€6,460 | -27.1% |
| Amounts payable within one year | 42/48 | €17,806 | €20,017 | +€2,211 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €6,193 | €6,460 | +€268 | +4.3% |
| Financial debts | 43 | €3,381 | - | -€3,381 | |
| Other loans | 439 | €3,381 | - | -€3,381 | |
| Trade debts | 44 | €944 | €1,941 | +€997 | +106% |
| Suppliers | 440/4 | €944 | €1,941 | +€997 | +106% |
| Taxes, remuneration and social security | 45 | €5,096 | €7,906 | +€2,810 | +55.2% |
| Taxes | 450/3 | €5,096 | €7,906 | +€2,810 | +55.2% |
| Other amounts payable | 47/48 | €2,193 | €3,710 | +€1,516 | +69.1% |
| Accrued charges and deferred income | 492/3 | €235 | - | -€235 | |
| Non-recurring operating income | 76A | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,317 | €12,124 | +€1,808 | +17.5% |
| Other operating charges | 640/8 | €335 | €1,385 | +€1,050 | +313% |
| Gross operating margin | 9900 | €55,518 | €74,672 | +€19,155 | +34.5% |
| Operating profit (loss) | 9901 | €44,866 | €61,163 | +€16,297 | +36.3% |
| Financial income | 75/76B | €2,878 | €29 | -€2,849 | -99.0% |
| Recurring financial income | 75 | €2,878 | €29 | -€2,849 | -99.0% |
| Financial charges | 65/66B | €1,005 | €1,354 | +€349 | +34.7% |
| Recurring financial charges | 65 | €1,005 | €1,354 | +€349 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €46,739 | €59,838 | +€13,099 | +28.0% |
| Income taxes | 67/77 | €13,422 | €15,941 | +€2,519 | +18.8% |
| Profit (loss) for the period | 9904 | €33,317 | €43,897 | +€10,581 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,317 | €43,897 | +€10,581 | +31.8% |
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 27 October 2026 via checked.be.