NETTUR: what changed
Two financial 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.
NETTUR
Largest movements
- Tangible fixed assets -€116,566
down €116,566 (-4.7%), from €2.5m to €2.4m
of which Land and buildings: -€89,803
- Receivables within one year +€75,006
up €75,006 (+750%), from €10,000 to €85,006
of which Other amounts receivable: +€75,006
- Debts after one year -€206,723
down €206,723 (-15.8%), from €1.3m to €1.1m
of which Financial debts: -€208,123
- Other debts +€128,272
up €128,272 (+19.8%), from €648,931 to €777,203
- Reserves +€52,108
up €52,108 (+26.8%), from €194,474 to €246,582
of which Distributable reserves: +€57,000
- Financial charges -€5,758
down €5,758 (-19.0%), from €30,255 to €24,497
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.
Derived cash bridge
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 | €2,558,655 | €2,533,501 | -€25,154 | -1.0% |
| Fixed assets | 21/28 | €2,494,376 | €2,377,810 | -€116,566 | -4.7% |
| Tangible fixed assets | 22/27 | €2,494,376 | €2,377,810 | -€116,566 | -4.7% |
| Land and buildings | 22 | €2,320,198 | €2,230,395 | -€89,803 | -3.9% |
| Furniture and vehicles | 24 | €21,250 | €18,750 | -€2,500 | -11.8% |
| Other tangible fixed assets | 26 | €152,928 | €128,665 | -€24,263 | -15.9% |
| Current assets | 29/58 | €64,279 | €155,691 | +€91,412 | +142% |
| Amounts receivable within one year | 40/41 | €10,000 | €85,006 | +€75,006 | +750% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | - | €75,006 | +€75,006 | |
| Cash at bank and in hand | 54/58 | €52,009 | €70,685 | +€18,676 | +35.9% |
| Deferred charges and accrued income | 490/1 | €2,270 | - | -€2,270 | |
| Total equity and liabilities | 10/49 | €2,558,655 | €2,533,501 | -€25,154 | -1.0% |
| Equity | 10/15 | €333,104 | €385,251 | +€52,147 | +15.7% |
| Contributions | 10/11 | €138,550 | €138,550 | = | 0.0% |
| Reserves | 13 | €194,474 | €246,582 | +€52,108 | +26.8% |
| Tax-exempt reserves | 132 | €107,614 | €102,722 | -€4,892 | -4.5% |
| Distributable reserves | 133 | €86,860 | €143,860 | +€57,000 | +65.6% |
| Profit (loss) carried forward | 14 | €80 | €118 | +€38 | +48.0% |
| Provisions and deferred taxes | 16 | €55,413 | €52,894 | -€2,519 | -4.5% |
| Deferred taxes | 168 | €55,413 | €52,894 | -€2,519 | -4.5% |
| Amounts payable | 17/49 | €2,170,138 | €2,095,356 | -€74,782 | -3.4% |
| Amounts payable after more than one year | 17 | €1,311,819 | €1,105,096 | -€206,723 | -15.8% |
| Financial debts | 170/4 | €1,311,819 | €1,103,696 | -€208,123 | -15.9% |
| Other amounts payable | 178/9 | - | €1,400 | +€1,400 | |
| Amounts payable within one year | 42/48 | €858,319 | €990,261 | +€131,941 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €204,745 | €206,723 | +€1,979 | +1.0% |
| Trade debts | 44 | €4,643 | €2,554 | -€2,089 | -45.0% |
| Suppliers | 440/4 | €4,643 | €2,554 | -€2,089 | -45.0% |
| Taxes, remuneration and social security | 45 | - | €3,780 | +€3,780 | |
| Remuneration and social security | 454/9 | - | €3,780 | +€3,780 | |
| Other amounts payable | 47/48 | €648,931 | €777,203 | +€128,272 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,563 | €116,566 | -€1,997 | -1.7% |
| Other operating charges | 640/8 | €16,493 | €17,130 | +€637 | +3.9% |
| Gross operating margin | 9900 | €207,070 | €207,822 | +€751 | +0.4% |
| Operating profit (loss) | 9901 | €72,014 | €74,125 | +€2,111 | +2.9% |
| Financial charges | 65/66B | €30,255 | €24,497 | -€5,758 | -19.0% |
| Recurring financial charges | 65 | €30,255 | €24,497 | -€5,758 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €41,759 | €49,628 | +€7,869 | +18.8% |
| Transfer from deferred taxes | 780 | €2,519 | €2,519 | = | 0.0% |
| Income taxes | 67/77 | €1,630 | - | -€1,630 | |
| Profit (loss) for the period | 9904 | €42,648 | €52,147 | +€9,499 | +22.3% |
| Transfer from tax-exempt reserves | 789 | €4,892 | €4,892 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,540 | €57,038 | +€9,499 | +20.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.