NETIXIS: 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.
NETIXIS
Largest movements
- Receivables within one year +€9,674
up €9,674 (+21.1%), from €45,924 to €55,598
of which Other amounts receivable: +€9,799
- Deferred charges and accrued income +€8,187
new in 2025: €8,187
- Cash +€7,533
up €7,533 (+8.6%), from €87,611 to €95,144
mainly Net result for the year (+€74,098) and Depreciation (+€12,789)
- Tangible fixed assets -€3,326
down €3,326 (-21.9%), from €15,154 to €11,828
- Financial fixed assets +€2,104
new in 2025: €2,104
- Reserves +€44,098
up €44,098 (+67.9%), from €64,967 to €109,065
- Trade debts -€10,138
down €10,138 (-60.9%), from €16,659 to €6,521
- Current portion of long-term debt -€7,199
no longer reported in 2025 (was €7,199)
- Tax, wage and social debts -€2,403
down €2,403 (-23.7%), from €10,138 to €7,735
of which Taxes: -€4,297
- Staff costs +€31,703
up €31,703 (+176%), from €18,041 to €49,744
- Taxes -€10,294
down €10,294 (-28.1%), from €36,640 to €26,346
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 | €150,829 | €176,835 | +€26,007 | +17.2% |
| Fixed assets | 21/28 | €15,154 | €13,931 | -€1,223 | -8.1% |
| Tangible fixed assets | 22/27 | €15,154 | €11,828 | -€3,326 | -21.9% |
| Furniture and vehicles | 24 | €15,154 | €11,828 | -€3,326 | -21.9% |
| Financial fixed assets | 28 | - | €2,104 | +€2,104 | |
| Current assets | 29/58 | €135,675 | €162,904 | +€27,229 | +20.1% |
| Stocks and contracts in progress | 3 | €2,139 | €3,974 | +€1,835 | +85.8% |
| Stocks | 30/36 | €2,139 | €3,974 | +€1,835 | +85.8% |
| Amounts receivable within one year | 40/41 | €45,924 | €55,598 | +€9,674 | +21.1% |
| Trade receivables | 40 | €40,606 | €40,480 | -€125 | -0.3% |
| Other amounts receivable | 41 | €5,319 | €15,118 | +€9,799 | +184% |
| Cash at bank and in hand | 54/58 | €87,611 | €95,144 | +€7,533 | +8.6% |
| Deferred charges and accrued income | 490/1 | - | €8,187 | +€8,187 | |
| Total equity and liabilities | 10/49 | €150,829 | €176,835 | +€26,007 | +17.2% |
| Equity | 10/15 | €86,967 | €131,065 | +€44,098 | +50.7% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €64,967 | €109,065 | +€44,098 | +67.9% |
| Distributable reserves | 133 | €64,967 | €109,065 | +€44,098 | +67.9% |
| Amounts payable | 17/49 | €63,862 | €45,770 | -€18,092 | -28.3% |
| Amounts payable after more than one year | 17 | - | €390 | +€390 | |
| Other amounts payable | 178/9 | - | €390 | +€390 | |
| Amounts payable within one year | 42/48 | €63,862 | €45,380 | -€18,482 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €7,199 | - | -€7,199 | |
| Trade debts | 44 | €16,659 | €6,521 | -€10,138 | -60.9% |
| Suppliers | 440/4 | €16,659 | €6,521 | -€10,138 | -60.9% |
| Taxes, remuneration and social security | 45 | €10,138 | €7,735 | -€2,403 | -23.7% |
| Taxes | 450/3 | €8,645 | €4,349 | -€4,297 | -49.7% |
| Remuneration and social security | 454/9 | €1,493 | €3,386 | +€1,893 | +127% |
| Other amounts payable | 47/48 | €29,866 | €31,125 | +€1,259 | +4.2% |
| Remuneration, social security and pensions | 62 | €18,041 | €49,744 | +€31,703 | +176% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,236 | €12,789 | -€447 | -3.4% |
| Other operating charges | 640/8 | €644 | €746 | +€102 | +15.8% |
| Gross operating margin | 9900 | €163,025 | €163,880 | +€855 | +0.5% |
| Operating profit (loss) | 9901 | €131,105 | €100,602 | -€30,503 | -23.3% |
| Financial income | 75/76B | €1,050 | €0 | -€1,050 | -100.0% |
| Recurring financial income | 75 | €1,050 | €0 | -€1,050 | -100.0% |
| Financial charges | 65/66B | €548 | €157 | -€391 | -71.3% |
| Recurring financial charges | 65 | €548 | €157 | -€391 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | €131,607 | €100,445 | -€31,162 | -23.7% |
| Income taxes | 67/77 | €36,640 | €26,346 | -€10,294 | -28.1% |
| Profit (loss) for the period | 9904 | €94,967 | €74,098 | -€20,868 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,967 | €74,098 | -€20,868 | -22.0% |
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.