NETSIDE: what changed
Two fiscal 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.
NETSIDE
Largest movements
- Cash -€15,669
down €15,669 (-45.4%), from €34,519 to €18,850
mainly Net result for the year (-€16,076) and Trade debts (-€1,805)
- Receivables within one year -€1,582
down €1,582 (-59.1%), from €2,678 to €1,096
of which Trade receivables: -€2,221
- Tangible fixed assets -€577
down €577 (-29.3%), from €1,970 to €1,392
- Profit (loss) carried forward -€16,076
down €16,076, from €3,926 to -€12,150
- Trade debts -€1,805
down €1,805 (-73.9%), from €2,441 to €636
- Gross operating margin -€14,624
down €14,624 (-3564.3%), from -€410 to -€15,034
- Other operating charges -€208
down €208 (-34.2%), from €607 to €400
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 | €39,281 | €21,400 | -€17,881 | -45.5% |
| Fixed assets | 21/28 | €2,031 | €1,454 | -€577 | -28.4% |
| Tangible fixed assets | 22/27 | €1,970 | €1,392 | -€577 | -29.3% |
| Furniture and vehicles | 24 | €1,970 | €1,392 | -€577 | -29.3% |
| Financial fixed assets | 28 | €61 | €61 | = | 0.0% |
| Current assets | 29/58 | €37,250 | €19,946 | -€17,303 | -46.5% |
| Amounts receivable within one year | 40/41 | €2,678 | €1,096 | -€1,582 | -59.1% |
| Trade receivables | 40 | €2,594 | €374 | -€2,221 | -85.6% |
| Other amounts receivable | 41 | €84 | €723 | +€638 | +758.8% |
| Cash at bank and in hand | 54/58 | €34,519 | €18,850 | -€15,669 | -45.4% |
| Deferred charges and accrued income | 490/1 | €53 | €0 | -€53 | -100.0% |
| Total equity and liabilities | 10/49 | €39,281 | €21,400 | -€17,881 | -45.5% |
| Equity | 10/15 | €34,586 | €18,510 | -€16,076 | -46.5% |
| Contributions | 10/11 | €16,800 | €16,800 | = | 0.0% |
| Reserves | 13 | €13,860 | €13,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,926 | -€12,150 | -€16,076 | |
| Amounts payable | 17/49 | €4,695 | €2,890 | -€1,805 | -38.4% |
| Amounts payable within one year | 42/48 | €4,695 | €2,890 | -€1,805 | -38.4% |
| Trade debts | 44 | €2,441 | €636 | -€1,805 | -73.9% |
| Suppliers | 440/4 | €2,441 | €636 | -€1,805 | -73.9% |
| Taxes, remuneration and social security | 45 | €2,254 | €2,254 | = | 0.0% |
| Taxes | 450/3 | €754 | €754 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €677 | €577 | -€99 | -14.6% |
| Other operating charges | 640/8 | €607 | €400 | -€208 | -34.2% |
| Gross operating margin | 9900 | -€410 | -€15,034 | -€14,624 | -3564.3% |
| Operating profit (loss) | 9901 | -€1,694 | -€16,012 | -€14,318 | -845.1% |
| Financial income | 75/76B | €1 | €11 | +€10 | +974.7% |
| Recurring financial income | 75 | €1 | €11 | +€10 | +974.7% |
| Financial charges | 65/66B | €122 | €75 | -€47 | -38.6% |
| Recurring financial charges | 65 | €122 | €75 | -€47 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,815 | -€16,076 | -€14,261 | -785.7% |
| Profit (loss) for the period | 9904 | -€1,815 | -€16,076 | -€14,261 | -785.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,815 | -€16,076 | -€14,261 | -785.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.