NETWORCKX: 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.
NETWORCKX
Largest movements
- Tangible fixed assets +€79,472
up €79,472 (+7,471%), from €1,064 to €80,535
of which Furniture and vehicles: +€77,663
- Cash +€60,772
up €60,772 (+158%), from €38,369 to €99,141
mainly Net result for the year (+€43,828) and Debts after one year (+€43,772)
- Receivables within one year -€21,159
down €21,159 (-79.1%), from €26,741 to €5,581
of which Trade receivables: -€21,000
- Deferred charges and accrued income -€7,859
down €7,859 (-79.0%), from €9,945 to €2,086
- Profit (loss) carried forward +€43,828
up €43,828 (+100%), from €43,779 to €87,608
- Debts after one year +€43,772
new in 2025: €43,772
- Current portion of long-term debt +€17,139
new in 2025: €17,139
- Trade debts +€8,212
up €8,212 (+121%), from €6,782 to €14,994
- Other debts -€2,023
down €2,023 (-20.9%), from €9,693 to €7,670
- Gross operating margin +€25,699
up €25,699 (+44.9%), from €57,230 to €82,929
- Write-downs +€12,600
new in 2025: €12,600
- Depreciation +€12,293
up €12,293 (+17,125%), from €72 to €12,364
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 | €76,118 | €187,344 | +€111,226 | +146% |
| Fixed assets | 21/28 | €1,064 | €80,535 | +€79,472 | +7,471% |
| Tangible fixed assets | 22/27 | €1,064 | €80,535 | +€79,472 | +7,471% |
| Furniture and vehicles | 24 | €1,064 | €78,727 | +€77,663 | +7,301% |
| Other tangible fixed assets | 26 | - | €1,808 | +€1,808 | |
| Current assets | 29/58 | €75,055 | €106,809 | +€31,754 | +42.3% |
| Amounts receivable within one year | 40/41 | €26,741 | €5,581 | -€21,159 | -79.1% |
| Trade receivables | 40 | €25,846 | €4,846 | -€21,000 | -81.3% |
| Other amounts receivable | 41 | €895 | €736 | -€159 | -17.8% |
| Cash at bank and in hand | 54/58 | €38,369 | €99,141 | +€60,772 | +158% |
| Deferred charges and accrued income | 490/1 | €9,945 | €2,086 | -€7,859 | -79.0% |
| Total equity and liabilities | 10/49 | €76,118 | €187,344 | +€111,226 | +146% |
| Equity | 10/15 | €44,779 | €88,608 | +€43,828 | +97.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,779 | €87,608 | +€43,828 | +100% |
| Amounts payable | 17/49 | €31,339 | €98,736 | +€67,397 | +215% |
| Amounts payable after more than one year | 17 | - | €43,772 | +€43,772 | |
| Financial debts | 170/4 | - | €43,772 | +€43,772 | |
| Amounts payable within one year | 42/48 | €31,339 | €54,964 | +€23,625 | +75.4% |
| Current portion of amounts payable after more than one year | 42 | - | €17,139 | +€17,139 | |
| Trade debts | 44 | €6,782 | €14,994 | +€8,212 | +121% |
| Suppliers | 440/4 | €6,782 | €14,994 | +€8,212 | +121% |
| Taxes, remuneration and social security | 45 | €14,863 | €15,161 | +€298 | +2.0% |
| Taxes | 450/3 | €14,863 | €15,161 | +€298 | +2.0% |
| Other amounts payable | 47/48 | €9,693 | €7,670 | -€2,023 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72 | €12,364 | +€12,293 | +17,125% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,600 | +€12,600 | |
| Other operating charges | 640/8 | €375 | €244 | -€131 | -34.9% |
| Gross operating margin | 9900 | €57,230 | €82,929 | +€25,699 | +44.9% |
| Operating profit (loss) | 9901 | €56,784 | €57,721 | +€937 | +1.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,651 | €2,242 | +€591 | +35.8% |
| Recurring financial charges | 65 | €1,651 | €2,242 | +€591 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €55,133 | €55,479 | +€346 | +0.6% |
| Income taxes | 67/77 | €11,353 | €11,651 | +€298 | +2.6% |
| Profit (loss) for the period | 9904 | €43,779 | €43,828 | +€49 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,779 | €43,828 | +€49 | +0.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.