NETITBE: 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.
NETITBE
Largest movements
- Receivables within one year -€11,121
down €11,121 (-54.5%), from €20,422 to €9,301
of which Trade receivables: -€8,535
- Cash -€8,372
down €8,372 (-58.7%), from €14,266 to €5,894
mainly Net result for the year (-€10,018) and Tax, wage and social debts (-€7,716)
- Tangible fixed assets -€1,625
down €1,625 (-13.2%), from €12,319 to €10,694
of which Furniture and vehicles: -€4,341
- Profit (loss) carried forward -€10,018
down €10,018 (-39.2%), from €25,574 to €15,555
- Tax, wage and social debts -€7,716
down €7,716 (-41.8%), from €18,438 to €10,722
- Trade debts -€2,609
down €2,609 (-85.3%), from €3,058 to €450
- Gross operating margin -€11,596
down €11,596, from €8,127 to -€3,469
- Taxes -€1,040
down €1,040 (-46.4%), from €2,240 to €1,200
- Other operating charges +€606
up €606 (+637.9%), from €95 to €701
- Financial income -€499
down €499 (-39.0%), from €1,278 to €779
- Depreciation +€440
up €440 (+10.1%), from €4,341 to €4,780
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,306 | €60,187 | -€21,118 | -26.0% |
| Fixed assets | 21/28 | €12,724 | €11,099 | -€1,625 | -12.8% |
| Tangible fixed assets | 22/27 | €12,319 | €10,694 | -€1,625 | -13.2% |
| Plant, machinery and equipment | 23 | - | €2,716 | +€2,716 | |
| Furniture and vehicles | 24 | €12,319 | €7,978 | -€4,341 | -35.2% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €68,582 | €49,089 | -€19,493 | -28.4% |
| Amounts receivable after more than one year | 29 | €33,894 | €33,894 | = | 0.0% |
| Other amounts receivable | 291 | €33,894 | €33,894 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,422 | €9,301 | -€11,121 | -54.5% |
| Trade receivables | 40 | €12,428 | €3,893 | -€8,535 | -68.7% |
| Other amounts receivable | 41 | €7,994 | €5,408 | -€2,586 | -32.3% |
| Cash at bank and in hand | 54/58 | €14,266 | €5,894 | -€8,372 | -58.7% |
| Total equity and liabilities | 10/49 | €81,306 | €60,187 | -€21,118 | -26.0% |
| Equity | 10/15 | €59,034 | €49,015 | -€10,018 | -17.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,260 | €27,260 | = | 0.0% |
| Distributable reserves | 133 | €27,260 | €27,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,574 | €15,555 | -€10,018 | -39.2% |
| Amounts payable | 17/49 | €22,272 | €11,172 | -€11,100 | -49.8% |
| Amounts payable within one year | 42/48 | €22,272 | €11,172 | -€11,100 | -49.8% |
| Trade debts | 44 | €3,058 | €450 | -€2,609 | -85.3% |
| Suppliers | 440/4 | €3,058 | €450 | -€2,609 | -85.3% |
| Taxes, remuneration and social security | 45 | €18,438 | €10,722 | -€7,716 | -41.8% |
| Taxes | 450/3 | €18,438 | €10,722 | -€7,716 | -41.8% |
| Other amounts payable | 47/48 | €776 | - | -€776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,341 | €4,780 | +€440 | +10.1% |
| Other operating charges | 640/8 | €95 | €701 | +€606 | +637.9% |
| Gross operating margin | 9900 | €8,127 | -€3,469 | -€11,596 | |
| Operating profit (loss) | 9901 | €3,691 | -€8,951 | -€12,642 | |
| Financial income | 75/76B | €1,278 | €779 | -€499 | -39.0% |
| Recurring financial income | 75 | €1,278 | €779 | -€499 | -39.0% |
| Financial charges | 65/66B | €247 | €646 | +€399 | +161.6% |
| Recurring financial charges | 65 | €247 | €646 | +€399 | +161.6% |
| Profit (loss) for the period before taxes | 9903 | €4,722 | -€8,818 | -€13,540 | |
| Income taxes | 67/77 | €2,240 | €1,200 | -€1,040 | -46.4% |
| Profit (loss) for the period | 9904 | €2,482 | -€10,018 | -€12,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,482 | -€10,018 | -€12,500 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.