NETSPIC: 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.
NETSPIC
Largest movements
- Cash +€178,941
up €178,941 (+53.6%), from €333,882 to €512,823
mainly Net result for the year (+€127,698) and Tax, wage and social debts (+€61,420)
- Receivables within one year +€17,409
up €17,409 (+489.8%), from €3,554 to €20,964
of which Trade receivables: +€17,000
- Profit (loss) carried forward +€127,698
up €127,698 (+243.5%), from €52,444 to €180,141
- Tax, wage and social debts +€61,420
up €61,420 (+329.7%), from €18,630 to €80,050
of which Remuneration and social security: +€32,760
- Accrued charges and deferred income +€20,946
up €20,946 (+16.1%), from €130,000 to €150,946
- Trade debts -€13,205
down €13,205 (-11.1%), from €118,753 to €105,548
- Gross operating margin +€189,053
up €189,053 (+116.3%), from €162,487 to €351,539
- Staff costs +€76,462
up €76,462 (+73.4%), from €104,138 to €180,600
- Taxes +€28,476
up €28,476 (+200.4%), from €14,208 to €42,684
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 | €339,527 | €536,567 | +€197,041 | +58.0% |
| Current assets | 29/58 | €339,527 | €536,567 | +€197,041 | +58.0% |
| Amounts receivable within one year | 40/41 | €3,554 | €20,964 | +€17,409 | +489.8% |
| Trade receivables | 40 | €2,485 | €19,485 | +€17,000 | +684.1% |
| Other amounts receivable | 41 | €1,069 | €1,479 | +€409 | +38.3% |
| Cash at bank and in hand | 54/58 | €333,882 | €512,823 | +€178,941 | +53.6% |
| Deferred charges and accrued income | 490/1 | €2,090 | €2,780 | +€690 | +33.0% |
| Total equity and liabilities | 10/49 | €339,527 | €536,567 | +€197,041 | +58.0% |
| Equity | 10/15 | €62,444 | €190,141 | +€127,698 | +204.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,444 | €180,141 | +€127,698 | +243.5% |
| Amounts payable | 17/49 | €277,083 | €346,426 | +€69,343 | +25.0% |
| Amounts payable within one year | 42/48 | €147,083 | €195,480 | +€48,397 | +32.9% |
| Trade debts | 44 | €118,753 | €105,548 | -€13,205 | -11.1% |
| Suppliers | 440/4 | €118,753 | €105,548 | -€13,205 | -11.1% |
| Taxes, remuneration and social security | 45 | €18,630 | €80,050 | +€61,420 | +329.7% |
| Taxes | 450/3 | €17,200 | €45,860 | +€28,660 | +166.6% |
| Remuneration and social security | 454/9 | €1,430 | €34,190 | +€32,760 | +2291.1% |
| Other amounts payable | 47/48 | €9,700 | €9,881 | +€181 | +1.9% |
| Accrued charges and deferred income | 492/3 | €130,000 | €150,946 | +€20,946 | +16.1% |
| Remuneration, social security and pensions | 62 | €104,138 | €180,600 | +€76,462 | +73.4% |
| Other operating charges | 640/8 | €1,265 | €506 | -€759 | -60.0% |
| Gross operating margin | 9900 | €162,487 | €351,539 | +€189,053 | +116.3% |
| Operating profit (loss) | 9901 | €57,083 | €170,434 | +€113,351 | +198.6% |
| Financial income | 75/76B | €13 | €14 | +€1 | +5.9% |
| Recurring financial income | 75 | €13 | €14 | +€1 | +5.9% |
| Financial charges | 65/66B | €339 | €66 | -€273 | -80.5% |
| Recurring financial charges | 65 | €339 | €66 | -€273 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €56,757 | €170,381 | +€113,625 | +200.2% |
| Income taxes | 67/77 | €14,208 | €42,684 | +€28,476 | +200.4% |
| Profit (loss) for the period | 9904 | €42,549 | €127,698 | +€85,149 | +200.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,549 | €127,698 | +€85,149 | +200.1% |
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 28 September 2026 via checked.be.