NetOn.Live: 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.
NetOn.Live
Largest movements
- Cash +€194,630
up €194,630 (+60.8%), from €320,262 to €514,891
mainly Debts after one year (+€500,000) and Depreciation (+€84,735)
- Receivables within one year +€88,103
up €88,103 (+110.3%), from €79,896 to €167,999
of which Trade receivables: +€67,895
- Tangible fixed assets -€40,317
down €40,317 (-25.6%), from €157,765 to €117,448
of which Furniture and vehicles: -€72,268
- Stocks and contracts +€36,072
up €36,072 (+20.6%), from €174,786 to €210,859
- Debts after one year +€500,000
new in 2025: €500,000
- Profit (loss) carried forward -€352,359
down €352,359 (-9.3%), from -€3.8m to -€4.1m
- Trade debts +€65,642
up €65,642 (+61.9%), from €106,086 to €171,728
- Tax, wage and social debts +€65,294
up €65,294 (+56.5%), from €115,660 to €180,954
of which Remuneration and social security: +€63,012
- Gross operating margin +€152,564
up €152,564 (+38.5%), from €395,762 to €548,326
- Staff costs +€143,125
up €143,125 (+21.7%), from €658,286 to €801,411
- Depreciation -€7,935
down €7,935 (-8.6%), from €92,670 to €84,735
- Financial income -€6,413
down €6,413 (-74.5%), from €8,606 to €2,193
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 | €744,581 | €1,014,504 | +€269,923 | +36.3% |
| Fixed assets | 21/28 | €161,073 | €120,756 | -€40,317 | -25.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €157,765 | €117,448 | -€40,317 | -25.6% |
| Plant, machinery and equipment | 23 | €18,946 | €50,898 | +€31,951 | +168.6% |
| Furniture and vehicles | 24 | €138,819 | €66,550 | -€72,268 | -52.1% |
| Financial fixed assets | 28 | €3,308 | €3,308 | = | 0.0% |
| Current assets | 29/58 | €583,508 | €893,748 | +€310,240 | +53.2% |
| Stocks and contracts in progress | 3 | €174,786 | €210,859 | +€36,072 | +20.6% |
| Stocks | 30/36 | €174,786 | €210,859 | +€36,072 | +20.6% |
| Amounts receivable within one year | 40/41 | €79,896 | €167,999 | +€88,103 | +110.3% |
| Trade receivables | 40 | €79,896 | €147,791 | +€67,895 | +85.0% |
| Other amounts receivable | 41 | - | €20,208 | +€20,208 | |
| Cash at bank and in hand | 54/58 | €320,262 | €514,891 | +€194,630 | +60.8% |
| Deferred charges and accrued income | 490/1 | €8,564 | - | -€8,564 | |
| Total equity and liabilities | 10/49 | €744,581 | €1,014,504 | +€269,923 | +36.3% |
| Equity | 10/15 | €492,368 | €140,010 | -€352,359 | -71.6% |
| Contributions | 10/11 | €4,283,550 | €4,283,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,791,182 | -€4,143,540 | -€352,359 | -9.3% |
| Amounts payable | 17/49 | €252,213 | €874,495 | +€622,282 | +246.7% |
| Amounts payable after more than one year | 17 | - | €500,000 | +€500,000 | |
| Financial debts | 170/4 | - | €500,000 | +€500,000 | |
| Amounts payable within one year | 42/48 | €221,845 | €352,695 | +€130,850 | +59.0% |
| Trade debts | 44 | €106,086 | €171,728 | +€65,642 | +61.9% |
| Suppliers | 440/4 | €106,086 | €171,728 | +€65,642 | +61.9% |
| Taxes, remuneration and social security | 45 | €115,660 | €180,954 | +€65,294 | +56.5% |
| Taxes | 450/3 | €21,718 | €24,000 | +€2,282 | +10.5% |
| Remuneration and social security | 454/9 | €93,941 | €156,954 | +€63,012 | +67.1% |
| Other amounts payable | 47/48 | €99 | €13 | -€87 | -87.3% |
| Accrued charges and deferred income | 492/3 | €30,368 | €21,800 | -€8,568 | -28.2% |
| Remuneration, social security and pensions | 62 | €658,286 | €801,411 | +€143,125 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,670 | €84,735 | -€7,935 | -8.6% |
| Other operating charges | 640/8 | €1,792 | €998 | -€794 | -44.3% |
| Non-recurring operating charges | 66A | €73,058 | - | -€73,058 | |
| Gross operating margin | 9900 | €395,762 | €548,326 | +€152,564 | +38.5% |
| Operating profit (loss) | 9901 | -€430,045 | -€338,819 | +€91,226 | +21.2% |
| Financial income | 75/76B | €8,606 | €2,193 | -€6,413 | -74.5% |
| Recurring financial income | 75 | €8,606 | €2,193 | -€6,413 | -74.5% |
| Financial charges | 65/66B | €13,656 | €17,036 | +€3,380 | +24.7% |
| Recurring financial charges | 65 | €13,656 | €17,036 | +€3,380 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | -€435,095 | -€353,661 | +€81,433 | +18.7% |
| Income taxes | 67/77 | €3,687 | -€1,303 | -€4,990 | |
| Profit (loss) for the period | 9904 | -€438,782 | -€352,359 | +€86,424 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€438,782 | -€352,359 | +€86,424 | +19.7% |
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 11 October 2026 via checked.be.