NETQ: 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.
NETQ
Largest movements
- Cash +€33,024
new in 2025: €33,024
mainly Net result for the year (+€14,359) and Receivables within one year (+€11,426)
- Receivables within one year -€11,426
down €11,426 (-15.8%), from €72,200 to €60,774
of which Trade receivables: -€11,426
- Profit (loss) carried forward +€14,359
up €14,359 (+47.0%), from -€30,549 to -€16,191
- Short-term financial debts -€7,506
no longer reported in 2025 (was €7,506)
- Trade debts +€7,389
up €7,389 (+21.4%), from €34,570 to €41,959
- Tax, wage and social debts +€6,361
up €6,361 (+92.9%), from €6,844 to €13,206
- Gross operating margin +€29,492
up €29,492, from -€12,102 to €17,390
- Taxes +€1,201
up €1,201, from -€1 to €1,200
- Financial charges -€313
down €313 (-15.6%), from €2,014 to €1,700
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 | €79,114 | €99,717 | +€20,603 | +26.0% |
| Current assets | 29/58 | €79,114 | €99,717 | +€20,603 | +26.0% |
| Stocks and contracts in progress | 3 | €3,222 | €2,627 | -€595 | -18.5% |
| Stocks | 30/36 | €3,222 | €2,627 | -€595 | -18.5% |
| Amounts receivable within one year | 40/41 | €72,200 | €60,774 | -€11,426 | -15.8% |
| Trade receivables | 40 | €50,715 | €39,289 | -€11,426 | -22.5% |
| Other amounts receivable | 41 | €21,486 | €21,486 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €33,024 | +€33,024 | |
| Deferred charges and accrued income | 490/1 | €3,692 | €3,292 | -€400 | -10.8% |
| Total equity and liabilities | 10/49 | €79,114 | €99,717 | +€20,603 | +26.0% |
| Equity | 10/15 | €19,902 | €34,261 | +€14,359 | +72.1% |
| Contributions | 10/11 | €48,592 | €48,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,549 | -€16,191 | +€14,359 | +47.0% |
| Amounts payable | 17/49 | €59,212 | €65,457 | +€6,244 | +10.5% |
| Amounts payable within one year | 42/48 | €58,920 | €65,165 | +€6,244 | +10.6% |
| Financial debts | 43 | €7,506 | - | -€7,506 | |
| Credit institutions | 430/8 | €7,506 | - | -€7,506 | |
| Trade debts | 44 | €34,570 | €41,959 | +€7,389 | +21.4% |
| Suppliers | 440/4 | €34,570 | €41,959 | +€7,389 | +21.4% |
| Taxes, remuneration and social security | 45 | €6,844 | €13,206 | +€6,361 | +92.9% |
| Taxes | 450/3 | €6,844 | €13,206 | +€6,361 | +92.9% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €292 | €292 | = | 0.0% |
| Other operating charges | 640/8 | €535 | €633 | +€97 | +18.2% |
| Gross operating margin | 9900 | -€12,102 | €17,390 | +€29,492 | |
| Operating profit (loss) | 9901 | -€12,637 | €16,757 | +€29,394 | |
| Financial income | 75/76B | €530 | €502 | -€28 | -5.3% |
| Recurring financial income | 75 | €530 | €502 | -€28 | -5.3% |
| Financial charges | 65/66B | €2,014 | €1,700 | -€313 | -15.6% |
| Recurring financial charges | 65 | €2,014 | €1,700 | -€313 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,121 | €15,559 | +€29,679 | |
| Income taxes | 67/77 | -€1 | €1,200 | +€1,201 | |
| Profit (loss) for the period | 9904 | -€14,120 | €14,359 | +€28,479 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,120 | €14,359 | +€28,479 |
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.