NETSTORE: 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.
NETSTORE
Largest movements
- Cash +€113,412
up €113,412 (+33.9%), from €334,533 to €447,945
mainly Net result for the year (+€104,296) and Depreciation (+€20,331)
- Tangible fixed assets -€16,725
down €16,725 (-14.2%), from €118,069 to €101,344
of which Land and buildings: -€9,595
- Receivables within one year -€10,580
down €10,580 (-9.2%), from €114,400 to €103,820
of which Trade receivables: -€5,810
- Reserves +€104,296
up €104,296 (+19.4%), from €536,791 to €641,087
- Tax, wage and social debts -€11,573
down €11,573 (-44.6%), from €25,965 to €14,392
- Gross operating margin -€20,479
down €20,479 (-10.8%), from €190,056 to €169,577
- Taxes -€6,248
down €6,248 (-12.7%), from €49,377 to €43,130
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 | €650,482 | €735,064 | +€84,581 | +13.0% |
| Fixed assets | 21/28 | €118,069 | €101,344 | -€16,725 | -14.2% |
| Tangible fixed assets | 22/27 | €118,069 | €101,344 | -€16,725 | -14.2% |
| Land and buildings | 22 | €43,235 | €33,640 | -€9,595 | -22.2% |
| Furniture and vehicles | 24 | €1,544 | €521 | -€1,023 | -66.3% |
| Other tangible fixed assets | 26 | €73,290 | €67,182 | -€6,107 | -8.3% |
| Current assets | 29/58 | €532,414 | €633,720 | +€101,306 | +19.0% |
| Stocks and contracts in progress | 3 | €23,491 | €23,016 | -€475 | -2.0% |
| Contracts in progress | 37 | €23,491 | €23,016 | -€475 | -2.0% |
| Amounts receivable within one year | 40/41 | €114,400 | €103,820 | -€10,580 | -9.2% |
| Trade receivables | 40 | €105,760 | €99,950 | -€5,810 | -5.5% |
| Other amounts receivable | 41 | €8,640 | €3,870 | -€4,769 | -55.2% |
| Current investments | 50/53 | €58,350 | €58,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €334,533 | €447,945 | +€113,412 | +33.9% |
| Deferred charges and accrued income | 490/1 | €1,639 | €589 | -€1,050 | -64.1% |
| Total equity and liabilities | 10/49 | €650,482 | €735,064 | +€84,581 | +13.0% |
| Equity | 10/15 | €549,191 | €653,487 | +€104,296 | +19.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €536,791 | €641,087 | +€104,296 | +19.4% |
| Distributable reserves | 133 | €536,791 | €641,087 | +€104,296 | +19.4% |
| Amounts payable | 17/49 | €101,291 | €81,577 | -€19,715 | -19.5% |
| Amounts payable within one year | 42/48 | €30,452 | €16,640 | -€13,811 | -45.4% |
| Trade debts | 44 | €868 | €401 | -€467 | -53.8% |
| Suppliers | 440/4 | €868 | €401 | -€467 | -53.8% |
| Taxes, remuneration and social security | 45 | €25,965 | €14,392 | -€11,573 | -44.6% |
| Taxes | 450/3 | €25,965 | €14,392 | -€11,573 | -44.6% |
| Other amounts payable | 47/48 | €3,619 | €1,847 | -€1,772 | -49.0% |
| Accrued charges and deferred income | 492/3 | €70,840 | €64,936 | -€5,903 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,724 | €20,331 | -€393 | -1.9% |
| Other operating charges | 640/8 | €1,664 | €1,714 | +€50 | +3.0% |
| Gross operating margin | 9900 | €190,056 | €169,577 | -€20,479 | -10.8% |
| Operating profit (loss) | 9901 | €167,669 | €147,532 | -€20,137 | -12.0% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €122 | €160 | +€38 | +31.5% |
| Recurring financial charges | 65 | €122 | €160 | +€38 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €167,547 | €147,426 | -€20,121 | -12.0% |
| Income taxes | 67/77 | €49,377 | €43,130 | -€6,248 | -12.7% |
| Profit (loss) for the period | 9904 | €118,169 | €104,296 | -€13,873 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €118,169 | €104,296 | -€13,873 | -11.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.