NetlySoft: 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.
NetlySoft
Largest movements
- Receivables within one year -€23,447
down €23,447 (-52.6%), from €44,575 to €21,128
of which Other amounts receivable: -€32,405
- Cash +€16,464
up €16,464 (+77.0%), from €21,381 to €37,845
mainly Other debts (+€27,920) and Receivables within one year (+€23,447)
- Financial fixed assets +€6,000
new in 2024: €6,000
- Deferred charges and accrued income -€4,083
down €4,083 (-68.1%), from €6,000 to €1,917
- Profit (loss) carried forward -€31,394
new in 2024: -€31,394
- Other debts +€27,920
new in 2024: €27,920
- Trade debts +€18,298
new in 2024: €18,298
- Accrued charges and deferred income -€15,530
no longer reported in 2024 (was €15,530)
- Tax, wage and social debts -€2,357
down €2,357 (-23.8%), from €9,895 to €7,538
of which Taxes: -€3,156
- Gross operating margin -€21,974
down €21,974 (-43.3%), from €50,718 to €28,745
- Staff costs +€20,716
up €20,716 (+247.1%), from €8,383 to €29,099
- Other operating charges +€10,939
up €10,939 (+2845.5%), from €384 to €11,324
- Depreciation +€7,043
up €7,043 (+66.0%), from €10,666 to €17,709
- Taxes -€6,368
down €6,368 (-97.4%), from €6,537 to €169
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 | €123,754 | €118,050 | -€5,704 | -4.6% |
| Fixed assets | 21/28 | €51,798 | €57,160 | +€5,362 | +10.4% |
| Tangible fixed assets | 22/27 | €51,798 | €51,160 | -€638 | -1.2% |
| Land and buildings | 22 | €23,727 | €20,251 | -€3,476 | -14.7% |
| Plant, machinery and equipment | 23 | €19,290 | €24,536 | +€5,245 | +27.2% |
| Furniture and vehicles | 24 | €3,164 | €6,373 | +€3,209 | +101.5% |
| Leasing and similar rights | 25 | €5,617 | €0 | -€5,617 | -100.0% |
| Financial fixed assets | 28 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €71,956 | €60,890 | -€11,066 | -15.4% |
| Amounts receivable within one year | 40/41 | €44,575 | €21,128 | -€23,447 | -52.6% |
| Trade receivables | 40 | €12,169 | €21,128 | +€8,959 | +73.6% |
| Other amounts receivable | 41 | €32,405 | - | -€32,405 | |
| Cash at bank and in hand | 54/58 | €21,381 | €37,845 | +€16,464 | +77.0% |
| Deferred charges and accrued income | 490/1 | €6,000 | €1,917 | -€4,083 | -68.1% |
| Total equity and liabilities | 10/49 | €123,754 | €118,050 | -€5,704 | -4.6% |
| Equity | 10/15 | €77,779 | €46,385 | -€31,394 | -40.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €72,779 | €72,779 | = | 0.0% |
| Distributable reserves | 133 | €72,779 | €72,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€31,394 | -€31,394 | |
| Amounts payable | 17/49 | €45,975 | €71,665 | +€25,690 | +55.9% |
| Amounts payable after more than one year | 17 | €12,789 | €12,470 | -€319 | -2.5% |
| Financial debts | 170/4 | €12,789 | €12,470 | -€319 | -2.5% |
| Amounts payable within one year | 42/48 | €17,656 | €59,194 | +€41,538 | +235.3% |
| Current portion of amounts payable after more than one year | 42 | €7,761 | €5,439 | -€2,322 | -29.9% |
| Trade debts | 44 | - | €18,298 | +€18,298 | |
| Suppliers | 440/4 | - | €18,298 | +€18,298 | |
| Taxes, remuneration and social security | 45 | €9,895 | €7,538 | -€2,357 | -23.8% |
| Taxes | 450/3 | €9,895 | €6,739 | -€3,156 | -31.9% |
| Remuneration and social security | 454/9 | - | €799 | +€799 | |
| Other amounts payable | 47/48 | - | €27,920 | +€27,920 | |
| Accrued charges and deferred income | 492/3 | €15,530 | - | -€15,530 | |
| Remuneration, social security and pensions | 62 | €8,383 | €29,099 | +€20,716 | +247.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,666 | €17,709 | +€7,043 | +66.0% |
| Other operating charges | 640/8 | €384 | €11,324 | +€10,939 | +2845.5% |
| Gross operating margin | 9900 | €50,718 | €28,745 | -€21,974 | -43.3% |
| Operating profit (loss) | 9901 | €31,285 | -€29,387 | -€60,672 | |
| Financial charges | 65/66B | €1,000 | €1,838 | +€838 | +83.8% |
| Recurring financial charges | 65 | €1,000 | €1,838 | +€838 | +83.8% |
| Profit (loss) for the period before taxes | 9903 | €30,285 | -€31,225 | -€61,510 | |
| Income taxes | 67/77 | €6,537 | €169 | -€6,368 | -97.4% |
| Profit (loss) for the period | 9904 | €23,748 | -€31,394 | -€55,142 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,748 | -€31,394 | -€55,142 |
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.