NETSOFT: 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.
NETSOFT
Largest movements
- Tangible fixed assets -€27,649
down €27,649 (-5.0%), from €557,619 to €529,971
of which Land and buildings: -€19,391
- Cash +€8,168
up €8,168 (+3558.1%), from €230 to €8,398
mainly Depreciation (+€36,013) and Net result for the year (+€8,362)
- Debts after one year -€27,586
down €27,586 (-10.9%), from €253,298 to €225,711
- Reserves +€8,362
up €8,362 (+48.0%), from €17,406 to €25,768
- Current portion of long-term debt -€6,107
down €6,107 (-17.0%), from €35,957 to €29,849
- Depreciation -€4,449
down €4,449 (-11.0%), from €40,461 to €36,013
- Other operating charges -€3,817
down €3,817 (-23.4%), from €16,280 to €12,464
- Taxes +€3,149
up €3,149 (+161.2%), from €1,953 to €5,102
- Gross operating margin +€2,488
up €2,488 (+3.7%), from €66,447 to €68,935
- Financial charges -€1,129
down €1,129 (-13.0%), from €8,701 to €7,572
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 | €571,624 | €545,241 | -€26,384 | -4.6% |
| Fixed assets | 21/28 | €561,680 | €534,031 | -€27,649 | -4.9% |
| Tangible fixed assets | 22/27 | €557,619 | €529,971 | -€27,649 | -5.0% |
| Land and buildings | 22 | €541,524 | €522,132 | -€19,391 | -3.6% |
| Plant, machinery and equipment | 23 | €4,772 | €4,623 | -€148 | -3.1% |
| Furniture and vehicles | 24 | €11,324 | €3,215 | -€8,109 | -71.6% |
| Financial fixed assets | 28 | €4,060 | €4,060 | = | 0.0% |
| Current assets | 29/58 | €9,945 | €11,210 | +€1,265 | +12.7% |
| Amounts receivable within one year | 40/41 | €8,014 | €2,585 | -€5,429 | -67.7% |
| Trade receivables | 40 | €987 | €2,585 | +€1,598 | +162.0% |
| Other amounts receivable | 41 | €7,027 | €0 | -€7,027 | -100.0% |
| Cash at bank and in hand | 54/58 | €230 | €8,398 | +€8,168 | +3558.1% |
| Deferred charges and accrued income | 490/1 | €1,701 | €227 | -€1,474 | -86.6% |
| Total equity and liabilities | 10/49 | €571,624 | €545,241 | -€26,384 | -4.6% |
| Equity | 10/15 | €136,483 | €144,845 | +€8,362 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,406 | €25,768 | +€8,362 | +48.0% |
| Distributable reserves | 133 | €17,406 | €25,768 | +€8,362 | +48.0% |
| Profit (loss) carried forward | 14 | €112,877 | €112,877 | = | 0.0% |
| Amounts payable | 17/49 | €435,141 | €400,396 | -€34,745 | -8.0% |
| Amounts payable after more than one year | 17 | €253,298 | €225,711 | -€27,586 | -10.9% |
| Financial debts | 170/4 | €253,298 | €225,711 | -€27,586 | -10.9% |
| Amounts payable within one year | 42/48 | €179,023 | €171,674 | -€7,349 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €35,957 | €29,849 | -€6,107 | -17.0% |
| Trade debts | 44 | €4,800 | €3,545 | -€1,255 | -26.1% |
| Suppliers | 440/4 | €4,800 | €3,545 | -€1,255 | -26.1% |
| Taxes, remuneration and social security | 45 | €1,565 | €1,606 | +€42 | +2.7% |
| Taxes | 450/3 | €1,565 | €1,606 | +€42 | +2.7% |
| Other amounts payable | 47/48 | €136,702 | €136,674 | -€29 | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,820 | €3,010 | +€190 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,461 | €36,013 | -€4,449 | -11.0% |
| Other operating charges | 640/8 | €16,280 | €12,464 | -€3,817 | -23.4% |
| Gross operating margin | 9900 | €66,447 | €68,935 | +€2,488 | +3.7% |
| Operating profit (loss) | 9901 | €9,706 | €20,459 | +€10,753 | +110.8% |
| Financial income | 75/76B | €0 | €577 | +€577 | |
| Recurring financial income | 75 | €0 | €577 | +€577 | |
| Financial charges | 65/66B | €8,701 | €7,572 | -€1,129 | -13.0% |
| Recurring financial charges | 65 | €8,701 | €7,572 | -€1,129 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €1,004 | €13,463 | +€12,459 | +1240.7% |
| Income taxes | 67/77 | €1,953 | €5,102 | +€3,149 | +161.2% |
| Profit (loss) for the period | 9904 | -€949 | €8,362 | +€9,310 | |
| Profit (loss) for the period to be appropriated | 9905 | -€949 | €8,362 | +€9,310 |
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 8 October 2026 via checked.be.