NETMIND: 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.
NETMIND
Largest movements
- Cash +€187,325
up €187,325 (+12.1%), from €1.6m to €1.7m
mainly Net result for the year (+€149,879) and Receivables within one year (+€17,690)
- Reserves +€149,879
up €149,879 (+10.4%), from €1.4m to €1.6m
of which Distributable reserves: +€149,879
- Gross operating margin -€13,315
down €13,315 (-6.5%), from €203,395 to €190,081
- Financial income +€7,764
up €7,764 (+49.0%), from €15,858 to €23,622
- Taxes -€4,666
down €4,666 (-7.7%), from €60,520 to €55,853
- Financial charges +€2,733
up €2,733 (+57.6%), from €4,747 to €7,480
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.
Cash bridge derived
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 | €1,727,398 | €1,896,542 | +€169,144 | +9.8% |
| Fixed assets | 21/28 | €635 | €144 | -€491 | -77.3% |
| Tangible fixed assets | 22/27 | €635 | €144 | -€491 | -77.3% |
| Furniture and vehicles | 24 | €635 | €144 | -€491 | -77.3% |
| Current assets | 29/58 | €1,726,763 | €1,896,398 | +€169,635 | +9.8% |
| Amounts receivable within one year | 40/41 | €175,029 | €157,339 | -€17,690 | -10.1% |
| Trade receivables | 40 | €175,029 | €157,339 | -€17,690 | -10.1% |
| Cash at bank and in hand | 54/58 | €1,551,735 | €1,739,059 | +€187,325 | +12.1% |
| Total equity and liabilities | 10/49 | €1,727,398 | €1,896,542 | +€169,144 | +9.8% |
| Equity | 10/15 | €1,680,389 | €1,830,268 | +€149,879 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,435,914 | €1,585,793 | +€149,879 | +10.4% |
| Non-distributable reserves | 130/1 | €27,260 | €27,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,260 | €27,260 | = | 0.0% |
| Distributable reserves | 133 | €1,408,654 | €1,558,533 | +€149,879 | +10.6% |
| Profit (loss) carried forward | 14 | €225,875 | €225,875 | = | 0.0% |
| Amounts payable | 17/49 | €47,009 | €66,274 | +€19,265 | +41.0% |
| Amounts payable within one year | 42/48 | €47,009 | €66,274 | +€19,265 | +41.0% |
| Trade debts | 44 | €2,542 | €8,216 | +€5,674 | +223.2% |
| Suppliers | 440/4 | €2,542 | €8,216 | +€5,674 | +223.2% |
| Taxes, remuneration and social security | 45 | €42,142 | €55,331 | +€13,189 | +31.3% |
| Taxes | 450/3 | €42,142 | €49,440 | +€7,299 | +17.3% |
| Remuneration and social security | 454/9 | - | €5,890 | +€5,890 | |
| Other amounts payable | 47/48 | €2,325 | €2,728 | +€403 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €562 | €491 | -€71 | -12.6% |
| Gross operating margin | 9900 | €203,395 | €190,081 | -€13,315 | -6.5% |
| Operating profit (loss) | 9901 | €202,833 | €189,589 | -€13,244 | -6.5% |
| Financial income | 75/76B | €15,858 | €23,622 | +€7,764 | +49.0% |
| Recurring financial income | 75 | €15,858 | €23,622 | +€7,764 | +49.0% |
| Financial charges | 65/66B | €4,747 | €7,480 | +€2,733 | +57.6% |
| Recurring financial charges | 65 | €4,747 | €7,480 | +€2,733 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €213,945 | €205,732 | -€8,213 | -3.8% |
| Income taxes | 67/77 | €60,520 | €55,853 | -€4,666 | -7.7% |
| Profit (loss) for the period | 9904 | €153,425 | €149,879 | -€3,547 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €153,425 | €149,879 | -€3,547 | -2.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.