NETPOOL: 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.
NETPOOL
Largest movements
- Tangible fixed assets +€21,617
up €21,617, from €0 to €21,617
- Receivables within one year +€3,802
up €3,802 (+430%), from €884 to €4,686
of which Trade receivables: +€3,341
- Cash +€1,849
up €1,849 (+52.6%), from €3,512 to €5,361
mainly Other debts (+€40,811) and Depreciation (+€1,147)
- Deferred charges and accrued income +€1,067
new in 2025: €1,067
- Other debts +€40,811
up €40,811 (+968%), from €4,215 to €45,027
- Profit (loss) carried forward -€8,064
down €8,064 (-67.5%), from -€11,941 to -€20,005
- Tax, wage and social debts -€5,264
down €5,264 (-95.3%), from €5,524 to €260
- Trade debts +€644
up €644 (+19.3%), from €3,334 to €3,978
- Gross operating margin -€8,616
down €8,616, from €2,200 to -€6,416
- Depreciation -€3,801
down €3,801 (-76.8%), from €4,948 to €1,147
- Financial charges -€637
down €637 (-68.1%), from €936 to €299
- Taxes -€260
no longer reported in 2025 (was €260)
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 | €11,133 | €39,260 | +€28,127 | +253% |
| Formation expenses | 20 | €265 | €57 | -€208 | -78.6% |
| Fixed assets | 21/28 | €0 | €21,617 | +€21,617 | |
| Tangible fixed assets | 22/27 | €0 | €21,617 | +€21,617 | |
| Furniture and vehicles | 24 | €0 | €21,617 | +€21,617 | |
| Current assets | 29/58 | €10,868 | €17,586 | +€6,718 | +61.8% |
| Stocks and contracts in progress | 3 | €6,472 | €6,472 | = | 0.0% |
| Stocks | 30/36 | €6,472 | €6,472 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €884 | €4,686 | +€3,802 | +430% |
| Trade receivables | 40 | €884 | €4,225 | +€3,341 | +378% |
| Other amounts receivable | 41 | - | €461 | +€461 | |
| Cash at bank and in hand | 54/58 | €3,512 | €5,361 | +€1,849 | +52.6% |
| Deferred charges and accrued income | 490/1 | - | €1,067 | +€1,067 | |
| Total equity and liabilities | 10/49 | €11,133 | €39,260 | +€28,127 | +253% |
| Equity | 10/15 | -€1,941 | -€10,005 | -€8,064 | -415% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,941 | -€20,005 | -€8,064 | -67.5% |
| Amounts payable | 17/49 | €13,074 | €49,265 | +€36,191 | +277% |
| Amounts payable within one year | 42/48 | €13,074 | €49,265 | +€36,191 | +277% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,334 | €3,978 | +€644 | +19.3% |
| Suppliers | 440/4 | €3,334 | €3,978 | +€644 | +19.3% |
| Taxes, remuneration and social security | 45 | €5,524 | €260 | -€5,264 | -95.3% |
| Taxes | 450/3 | €5,524 | €260 | -€5,264 | -95.3% |
| Other amounts payable | 47/48 | €4,215 | €45,027 | +€40,811 | +968% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,948 | €1,147 | -€3,801 | -76.8% |
| Other operating charges | 640/8 | €249 | €202 | -€46 | -18.6% |
| Gross operating margin | 9900 | €2,200 | -€6,416 | -€8,616 | |
| Operating profit (loss) | 9901 | -€2,997 | -€7,766 | -€4,768 | -159% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €936 | €299 | -€637 | -68.1% |
| Recurring financial charges | 65 | €936 | €299 | -€637 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,933 | -€8,064 | -€4,131 | -105% |
| Income taxes | 67/77 | €260 | - | -€260 | |
| Profit (loss) for the period | 9904 | -€4,193 | -€8,064 | -€3,871 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,193 | -€8,064 | -€3,871 | -92.3% |
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.