NETIS: 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.
NETIS
Largest movements
- Cash +€20,218
up €20,218 (+31.8%), from €63,626 to €83,844
mainly Net result for the year (+€24,682) and Depreciation (+€12,145)
- Tangible fixed assets -€11,064
down €11,064 (-5.1%), from €217,779 to €206,716
of which Land and buildings: -€6,608
- Receivables within one year +€7,331
up €7,331 (+35.3%), from €20,739 to €28,070
of which Trade receivables: +€6,776
- Reserves +€24,682
up €24,682 (+31.3%), from €78,806 to €103,488
- Debts after one year -€8,608
down €8,608 (-6.1%), from €141,006 to €132,398
- Short-term financial debts +€8,030
up €8,030 (+728%), from €1,103 to €9,133
- Tax, wage and social debts -€3,365
down €3,365 (-14.2%), from €23,706 to €20,341
of which Taxes: -€2,304
- Gross operating margin -€15,700
down €15,700 (-13.2%), from €118,713 to €103,013
- Taxes -€5,349
down €5,349 (-26.7%), from €20,066 to €14,717
- Staff costs +€2,093
up €2,093 (+5.0%), from €42,247 to €44,340
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 | €305,357 | €324,482 | +€19,124 | +6.3% |
| Fixed assets | 21/28 | €217,929 | €206,866 | -€11,064 | -5.1% |
| Tangible fixed assets | 22/27 | €217,779 | €206,716 | -€11,064 | -5.1% |
| Land and buildings | 22 | €205,676 | €199,068 | -€6,608 | -3.2% |
| Furniture and vehicles | 24 | €12,103 | €7,647 | -€4,456 | -36.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €87,428 | €117,616 | +€30,188 | +34.5% |
| Amounts receivable within one year | 40/41 | €20,739 | €28,070 | +€7,331 | +35.3% |
| Trade receivables | 40 | €14,520 | €21,296 | +€6,776 | +46.7% |
| Other amounts receivable | 41 | €6,219 | €6,774 | +€555 | +8.9% |
| Cash at bank and in hand | 54/58 | €63,626 | €83,844 | +€20,218 | +31.8% |
| Deferred charges and accrued income | 490/1 | €3,063 | €5,703 | +€2,639 | +86.2% |
| Total equity and liabilities | 10/49 | €305,357 | €324,482 | +€19,124 | +6.3% |
| Equity | 10/15 | €86,861 | €111,543 | +€24,682 | +28.4% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €78,806 | €103,488 | +€24,682 | +31.3% |
| Distributable reserves | 133 | €78,806 | €103,488 | +€24,682 | +31.3% |
| Amounts payable | 17/49 | €218,497 | €212,939 | -€5,558 | -2.5% |
| Amounts payable after more than one year | 17 | €141,006 | €132,398 | -€8,608 | -6.1% |
| Financial debts | 170/4 | €141,006 | €132,398 | -€8,608 | -6.1% |
| Amounts payable within one year | 42/48 | €77,490 | €80,534 | +€3,044 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €9,595 | €8,608 | -€987 | -10.3% |
| Financial debts | 43 | €1,103 | €9,133 | +€8,030 | +728% |
| Credit institutions | 430/8 | €1,103 | €9,133 | +€8,030 | +728% |
| Trade debts | 44 | €2,939 | €5,280 | +€2,341 | +79.6% |
| Suppliers | 440/4 | €2,939 | €5,280 | +€2,341 | +79.6% |
| Taxes, remuneration and social security | 45 | €23,706 | €20,341 | -€3,365 | -14.2% |
| Taxes | 450/3 | €16,215 | €13,911 | -€2,304 | -14.2% |
| Remuneration and social security | 454/9 | €7,491 | €6,429 | -€1,061 | -14.2% |
| Other amounts payable | 47/48 | €40,147 | €37,172 | -€2,975 | -7.4% |
| Accrued charges and deferred income | 492/3 | €0 | €6 | +€6 | |
| Remuneration, social security and pensions | 62 | €42,247 | €44,340 | +€2,093 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,437 | €12,145 | +€708 | +6.2% |
| Other operating charges | 640/8 | €2,657 | €2,060 | -€597 | -22.5% |
| Gross operating margin | 9900 | €118,713 | €103,013 | -€15,700 | -13.2% |
| Operating profit (loss) | 9901 | €62,372 | €44,469 | -€17,903 | -28.7% |
| Financial income | 75/76B | €55 | €215 | +€159 | +288% |
| Recurring financial income | 75 | €55 | €215 | +€159 | +288% |
| Financial charges | 65/66B | €4,678 | €5,285 | +€606 | +13.0% |
| Recurring financial charges | 65 | €4,678 | €5,285 | +€606 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €57,749 | €39,399 | -€18,350 | -31.8% |
| Income taxes | 67/77 | €20,066 | €14,717 | -€5,349 | -26.7% |
| Profit (loss) for the period | 9904 | €37,683 | €24,682 | -€13,001 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,683 | €24,682 | -€13,001 | -34.5% |
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 24 October 2026 via checked.be.