NetPlus: 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.
NetPlus
Largest movements
- Cash +€94,024
up €94,024 (+77.5%), from €121,321 to €215,344
mainly Trade debts (+€80,595) and Receivables within one year (+€31,980)
- Receivables within one year -€31,980
down €31,980 (-33.9%), from €94,378 to €62,398
of which Trade receivables: -€37,984
- Tangible fixed assets -€11,182
down €11,182 (-23.2%), from €48,107 to €36,924
of which Land and buildings: -€42,511
- Trade debts +€80,595
up €80,595 (+412%), from €19,562 to €100,158
- Current portion of long-term debt -€15,329
down €15,329 (-100%), from €15,329 to €0
- Tax, wage and social debts -€10,821
down €10,821 (-100%), from €10,821 to €0
of which Remuneration and social security: -€10,821
- Profit (loss) carried forward -€4,439
down €4,439, from €1,512 to -€2,927
- Gross operating margin -€51,427
down €51,427 (-42.5%), from €121,050 to €69,624
- Staff costs -€30,143
down €30,143 (-33.3%), from €90,431 to €60,287
- Depreciation -€14,037
down €14,037 (-55.7%), from €25,220 to €11,182
- Financial income -€2,099
down €2,099 (-56.3%), from €3,730 to €1,631
- Financial charges -€1,355
down €1,355 (-46.9%), from €2,888 to €1,533
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 | €368,167 | €418,173 | +€50,006 | +13.6% |
| Fixed assets | 21/28 | €48,256 | €37,073 | -€11,182 | -23.2% |
| Tangible fixed assets | 22/27 | €48,107 | €36,924 | -€11,182 | -23.2% |
| Land and buildings | 22 | €42,511 | €0 | -€42,511 | -100% |
| Furniture and vehicles | 24 | €5,596 | €1,417 | -€4,179 | -74.7% |
| Other tangible fixed assets | 26 | - | €35,507 | +€35,507 | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €319,912 | €381,100 | +€61,189 | +19.1% |
| Amounts receivable within one year | 40/41 | €94,378 | €62,398 | -€31,980 | -33.9% |
| Trade receivables | 40 | €85,004 | €47,020 | -€37,984 | -44.7% |
| Other amounts receivable | 41 | €9,373 | €15,378 | +€6,005 | +64.1% |
| Current investments | 50/53 | €101,297 | €102,310 | +€1,013 | +1.0% |
| Cash at bank and in hand | 54/58 | €121,321 | €215,344 | +€94,024 | +77.5% |
| Deferred charges and accrued income | 490/1 | €2,916 | €1,047 | -€1,869 | -64.1% |
| Total equity and liabilities | 10/49 | €368,167 | €418,173 | +€50,006 | +13.6% |
| Equity | 10/15 | €23,512 | €19,073 | -€4,439 | -18.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,512 | -€2,927 | -€4,439 | |
| Provisions and deferred taxes | 16 | €298,943 | €298,943 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €298,943 | €298,943 | = | 0.0% |
| Other liabilities and charges | 164/5 | €298,943 | €298,943 | = | 0.0% |
| Amounts payable | 17/49 | €45,712 | €100,158 | +€54,445 | +119% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €45,712 | €100,158 | +€54,445 | +119% |
| Current portion of amounts payable after more than one year | 42 | €15,329 | €0 | -€15,329 | -100% |
| Trade debts | 44 | €19,562 | €100,158 | +€80,595 | +412% |
| Suppliers | 440/4 | €19,562 | €100,158 | +€80,595 | +412% |
| Taxes, remuneration and social security | 45 | €10,821 | €0 | -€10,821 | -100% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €10,821 | €0 | -€10,821 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €90,431 | €60,287 | -€30,143 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,220 | €11,182 | -€14,037 | -55.7% |
| Other operating charges | 640/8 | €3,746 | €2,741 | -€1,005 | -26.8% |
| Gross operating margin | 9900 | €121,050 | €69,624 | -€51,427 | -42.5% |
| Operating profit (loss) | 9901 | €1,654 | -€4,587 | -€6,241 | |
| Financial income | 75/76B | €3,730 | €1,631 | -€2,099 | -56.3% |
| Recurring financial income | 75 | €3,730 | €1,631 | -€2,099 | -56.3% |
| Financial charges | 65/66B | €2,888 | €1,533 | -€1,355 | -46.9% |
| Recurring financial charges | 65 | €2,888 | €1,533 | -€1,355 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €2,496 | -€4,489 | -€6,984 | |
| Income taxes | 67/77 | €984 | -€50 | -€1,034 | |
| Profit (loss) for the period | 9904 | €1,512 | -€4,439 | -€5,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,512 | -€4,439 | -€5,951 |
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 15 October 2026 via checked.be.