NETVISIE: 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.
NETVISIE
Largest movements
- Cash +€100,565
up €100,565 (+524.4%), from €19,178 to €119,743
mainly Net result for the year (+€61,698) and Receivables within one year (+€48,647)
- Receivables within one year -€48,647
down €48,647 (-55.9%), from €87,080 to €38,433
of which Other amounts receivable: -€50,644
- Deferred charges and accrued income -€1,726
down €1,726 (-93.6%), from €1,844 to €119
- Reserves +€48,927
up €48,927 (+60.6%), from €80,731 to €129,658
of which Distributable reserves: +€48,927
- Trade debts -€2,780
no longer reported in 2025 (was €2,780)
- Tax, wage and social debts +€2,742
up €2,742 (+24.3%), from €11,263 to €14,005
- Gross operating margin +€61,618
up €61,618 (+173.1%), from €35,588 to €97,205
- Taxes +€19,157
up €19,157 (+164.5%), from €11,648 to €30,805
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 | €115,573 | €164,462 | +€48,889 | +42.3% |
| Fixed assets | 21/28 | €7,471 | €6,168 | -€1,303 | -17.4% |
| Tangible fixed assets | 22/27 | €7,471 | €6,168 | -€1,303 | -17.4% |
| Furniture and vehicles | 24 | €7,471 | €6,168 | -€1,303 | -17.4% |
| Current assets | 29/58 | €108,102 | €158,294 | +€50,192 | +46.4% |
| Amounts receivable within one year | 40/41 | €87,080 | €38,433 | -€48,647 | -55.9% |
| Trade receivables | 40 | €12,328 | €14,324 | +€1,996 | +16.2% |
| Other amounts receivable | 41 | €74,752 | €24,108 | -€50,644 | -67.7% |
| Cash at bank and in hand | 54/58 | €19,178 | €119,743 | +€100,565 | +524.4% |
| Deferred charges and accrued income | 490/1 | €1,844 | €119 | -€1,726 | -93.6% |
| Total equity and liabilities | 10/49 | €115,573 | €164,462 | +€48,889 | +42.3% |
| Equity | 10/15 | €101,530 | €150,457 | +€48,927 | +48.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,731 | €129,658 | +€48,927 | +60.6% |
| 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 | €78,871 | €127,798 | +€48,927 | +62.0% |
| Profit (loss) carried forward | 14 | €2,199 | €2,199 | = | 0.0% |
| Amounts payable | 17/49 | €14,043 | €14,005 | -€38 | -0.3% |
| Amounts payable within one year | 42/48 | €14,043 | €14,005 | -€38 | -0.3% |
| Trade debts | 44 | €2,780 | - | -€2,780 | |
| Suppliers | 440/4 | €2,780 | - | -€2,780 | |
| Taxes, remuneration and social security | 45 | €11,263 | €14,005 | +€2,742 | +24.3% |
| Taxes | 450/3 | €11,263 | €14,005 | +€2,742 | +24.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,378 | €68,929 | +€551 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,116 | €3,699 | +€583 | +18.7% |
| Other operating charges | 640/8 | €721 | €509 | -€212 | -29.4% |
| Gross operating margin | 9900 | €35,588 | €97,205 | +€61,618 | +173.1% |
| Operating profit (loss) | 9901 | €31,751 | €92,997 | +€61,246 | +192.9% |
| Financial income | 75/76B | €786 | €302 | -€484 | -61.6% |
| Recurring financial income | 75 | €786 | €302 | -€484 | -61.6% |
| Financial charges | 65/66B | €1,186 | €796 | -€390 | -32.9% |
| Recurring financial charges | 65 | €1,186 | €796 | -€390 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €31,352 | €92,503 | +€61,152 | +195.1% |
| Income taxes | 67/77 | €11,648 | €30,805 | +€19,157 | +164.5% |
| Profit (loss) for the period | 9904 | €19,704 | €61,698 | +€41,994 | +213.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,704 | €61,698 | +€41,994 | +213.1% |
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 7 October 2026 via checked.be.