NETSEARCH CONSULTING: 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.
NETSEARCH CONSULTING
Largest movements
- Cash +€66,943
up €66,943 (+122%), from €54,766 to €121,709
mainly Other debts (+€163,096) and Net result for the year (+€62,810)
- Tangible fixed assets -€23,205
down €23,205 (-14.9%), from €155,860 to €132,656
of which Furniture and vehicles: -€30,868
- Deferred charges and accrued income -€8,776
down €8,776 (-28.5%), from €30,774 to €21,998
- Receivables within one year -€8,209
down €8,209 (-2.5%), from €333,932 to €325,723
of which Other amounts receivable: -€16,743
- Other debts +€163,096
up €163,096 (+534%), from €30,548 to €193,644
- Reserves -€121,896
down €121,896 (-26.0%), from €468,433 to €346,537
of which Distributable reserves: -€121,896
- Debts after one year -€23,298
no longer reported in 2025 (was €23,298)
- Tax, wage and social debts +€11,873
new in 2025: €11,873
- Current portion of long-term debt -€10,228
down €10,228 (-30.5%), from €33,525 to €23,298
- Gross operating margin +€31,680
up €31,680 (+36.0%), from €87,996 to €119,676
- Depreciation +€20,915
up €20,915 (+149%), from €14,038 to €34,952
- Taxes +€7,450
up €7,450 (+37.4%), from €19,900 to €27,350
- Financial income +€4,717
up €4,717 (+138%), from €3,428 to €8,145
- Other operating charges -€4,309
down €4,309 (-84.2%), from €5,119 to €810
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 | €576,711 | €602,086 | +€25,375 | +4.4% |
| Fixed assets | 21/28 | €155,860 | €132,656 | -€23,205 | -14.9% |
| Tangible fixed assets | 22/27 | €155,860 | €132,656 | -€23,205 | -14.9% |
| Plant, machinery and equipment | 23 | €13,001 | €20,665 | +€7,664 | +58.9% |
| Furniture and vehicles | 24 | €142,859 | €111,990 | -€30,868 | -21.6% |
| Current assets | 29/58 | €420,850 | €469,430 | +€48,580 | +11.5% |
| Amounts receivable within one year | 40/41 | €333,932 | €325,723 | -€8,209 | -2.5% |
| Trade receivables | 40 | €42,177 | €50,711 | +€8,534 | +20.2% |
| Other amounts receivable | 41 | €291,756 | €275,012 | -€16,743 | -5.7% |
| Current investments | 50/53 | €1,378 | - | -€1,378 | |
| Cash at bank and in hand | 54/58 | €54,766 | €121,709 | +€66,943 | +122% |
| Deferred charges and accrued income | 490/1 | €30,774 | €21,998 | -€8,776 | -28.5% |
| Total equity and liabilities | 10/49 | €576,711 | €602,086 | +€25,375 | +4.4% |
| Equity | 10/15 | €486,983 | €365,087 | -€121,896 | -25.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €468,433 | €346,537 | -€121,896 | -26.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €466,578 | €344,682 | -€121,896 | -26.1% |
| Amounts payable | 17/49 | €89,727 | €236,999 | +€147,271 | +164% |
| Amounts payable after more than one year | 17 | €23,298 | - | -€23,298 | |
| Financial debts | 170/4 | €23,298 | - | -€23,298 | |
| Amounts payable within one year | 42/48 | €66,430 | €236,999 | +€170,569 | +257% |
| Current portion of amounts payable after more than one year | 42 | €33,525 | €23,298 | -€10,228 | -30.5% |
| Trade debts | 44 | €2,356 | €8,184 | +€5,827 | +247% |
| Suppliers | 440/4 | €2,356 | €8,184 | +€5,827 | +247% |
| Taxes, remuneration and social security | 45 | - | €11,873 | +€11,873 | |
| Taxes | 450/3 | - | €11,873 | +€11,873 | |
| Other amounts payable | 47/48 | €30,548 | €193,644 | +€163,096 | +534% |
| Remuneration, social security and pensions | 62 | €941 | - | -€941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,038 | €34,952 | +€20,915 | +149% |
| Other operating charges | 640/8 | €5,119 | €810 | -€4,309 | -84.2% |
| Non-recurring operating charges | 66A | - | €491 | +€491 | |
| Gross operating margin | 9900 | €87,996 | €119,676 | +€31,680 | +36.0% |
| Operating profit (loss) | 9901 | €67,899 | €83,423 | +€15,524 | +22.9% |
| Financial income | 75/76B | €3,428 | €8,145 | +€4,717 | +138% |
| Recurring financial income | 75 | €3,428 | €8,145 | +€4,717 | +138% |
| Financial charges | 65/66B | €3,313 | €1,409 | -€1,905 | -57.5% |
| Recurring financial charges | 65 | €3,313 | €1,409 | -€1,905 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €68,013 | €90,160 | +€22,146 | +32.6% |
| Income taxes | 67/77 | €19,900 | €27,350 | +€7,450 | +37.4% |
| Profit (loss) for the period | 9904 | €48,114 | €62,810 | +€14,696 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,114 | €62,810 | +€14,696 | +30.5% |
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 25 October 2026 via checked.be.