NETSENSE: what changed
What changed
NETSENSE
NACE 47.279, Other retail sale of food
filed annual accounts (NBB)
Net result for the year
€53,609
2024 · €16,343+€37,266
Equity
€106,513
2024 · €297,639-€191,126
Cash
€17,834
2024 · €25,988-€8,154
Balance sheet total
€219,107
2024 · €358,994-€139,886
Largest movements
Assets
- Current investments -€135,564
down €135,564 (-61.3%), from €221,137 to €85,573
- Tangible fixed assets +€19,207
up €19,207 (+140%), from €13,724 to €32,931
of which Furniture and vehicles: +€22,829
- Stocks and contracts -€15,893
down €15,893 (-17.3%), from €91,921 to €76,028
- Cash -€8,154
down €8,154 (-31.4%), from €25,988 to €17,834
mainly Contributions, distributions and other (-€244,735) and Investment in fixed assets (net) (-€23,578)
Equity and liabilities
- Reserves -€222,033
down €222,033 (-70.2%), from €316,146 to €94,113
- Other debts +€52,442
up €52,442 (+2,476%), from €2,118 to €54,560
- Profit (loss) carried forward +€30,907
up €30,907, from -€30,907 to €0
- Current portion of long-term debt -€19,794
down €19,794 (-85.3%), from €23,206 to €3,413
- Debts after one year +€14,887
new in 2025: €14,887
Income statement
- Gross operating margin +€53,471
up €53,471 (+187%), from €28,615 to €82,085
- Taxes +€11,179
up €11,179 (+5,685%), from €197 to €11,375
- Financial charges +€4,842
up €4,842 (+70.6%), from €6,858 to €11,700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€16,343
Gross operating margin
+€53,471
Depreciation
+€148
Other operating charges
-€333
Financial income
+€0
Financial charges
-€4,842
Taxes
-€11,179
Result 2025
€53,609
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€129,502
Investment
+€111,985
Financing
-€249,641
Cash 2024
€25,988
From operations (derived)
+€129,502
Net result for the year
+€53,609
Depreciation
+€4,372
Stocks and contracts
+€15,893
Receivables within one year
+€656
Deferred charges and accrued income
-€1,174
Trade debts
-€106
Tax, wage and social debts
+€5,317
Other debts
+€52,442
Accrued charges and deferred income
-€1,507
Investment (derived)
+€111,985
Investment in fixed assets (net)
-€23,578
Current investments
+€135,564
Financing
-€249,641
Debts after one year
+€14,887
Current portion of long-term debt
-€19,794
Contributions, distributions and other
-€244,735
Cash 2025
€17,834
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,994 | €219,107 | -€139,886 | -39.0% |
| Fixed assets | 21/28 | €13,724 | €32,931 | +€19,207 | +140% |
| Tangible fixed assets | 22/27 | €13,724 | €32,931 | +€19,207 | +140% |
| Furniture and vehicles | 24 | €0 | €22,829 | +€22,829 | |
| Other tangible fixed assets | 26 | €13,724 | €10,102 | -€3,623 | -26.4% |
| Current assets | 29/58 | €345,270 | €186,177 | -€159,093 | -46.1% |
| Stocks and contracts in progress | 3 | €91,921 | €76,028 | -€15,893 | -17.3% |
| Stocks | 30/36 | €91,921 | €76,028 | -€15,893 | -17.3% |
| Amounts receivable within one year | 40/41 | €4,280 | €3,625 | -€656 | -15.3% |
| Trade receivables | 40 | €1,739 | €147 | -€1,591 | -91.5% |
| Other amounts receivable | 41 | €2,542 | €3,478 | +€936 | +36.8% |
| Current investments | 50/53 | €221,137 | €85,573 | -€135,564 | -61.3% |
| Cash at bank and in hand | 54/58 | €25,988 | €17,834 | -€8,154 | -31.4% |
| Deferred charges and accrued income | 490/1 | €1,943 | €3,117 | +€1,174 | +60.4% |
| Total equity and liabilities | 10/49 | €358,994 | €219,107 | -€139,886 | -39.0% |
| Equity | 10/15 | €297,639 | €106,513 | -€191,126 | -64.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €316,146 | €94,113 | -€222,033 | -70.2% |
| Distributable reserves | 133 | €316,146 | €94,113 | -€222,033 | -70.2% |
| Profit (loss) carried forward | 14 | -€30,907 | €0 | +€30,907 | |
| Amounts payable | 17/49 | €61,355 | €112,595 | +€51,240 | +83.5% |
| Amounts payable after more than one year | 17 | - | €14,887 | +€14,887 | |
| Financial debts | 170/4 | - | €14,887 | +€14,887 | |
| Amounts payable within one year | 42/48 | €59,848 | €97,707 | +€37,859 | +63.3% |
| Current portion of amounts payable after more than one year | 42 | €23,206 | €3,413 | -€19,794 | -85.3% |
| Trade debts | 44 | €29,834 | €29,728 | -€106 | -0.4% |
| Suppliers | 440/4 | €29,834 | €29,728 | -€106 | -0.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,689 | €10,007 | +€5,317 | +113% |
| Taxes | 450/3 | €4,689 | €8,267 | +€3,578 | +76.3% |
| Remuneration and social security | 454/9 | - | €1,739 | +€1,739 | |
| Other amounts payable | 47/48 | €2,118 | €54,560 | +€52,442 | +2,476% |
| Accrued charges and deferred income | 492/3 | €1,507 | €0 | -€1,507 | -100% |
| Non-recurring operating income | 76A | - | €57,416 | +€57,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,520 | €4,372 | -€148 | -3.3% |
| Other operating charges | 640/8 | €696 | €1,029 | +€333 | +47.8% |
| Gross operating margin | 9900 | €28,615 | €82,085 | +€53,471 | +187% |
| Operating profit (loss) | 9901 | €23,398 | €76,685 | +€53,287 | +228% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,858 | €11,700 | +€4,842 | +70.6% |
| Recurring financial charges | 65 | €6,858 | €11,700 | +€4,842 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €16,540 | €64,985 | +€48,445 | +293% |
| Income taxes | 67/77 | €197 | €11,375 | +€11,179 | +5,685% |
| Profit (loss) for the period | 9904 | €16,343 | €53,609 | +€37,266 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €16,343 | €53,609 | +€37,266 | +228% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.