Network Architect: 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.
Network Architect
Largest movements
- Tangible fixed assets +€106,199
up €106,199 (+2901.3%), from €3,660 to €109,859
of which Leasing and similar rights: +€106,186
- Cash -€7,852
down €7,852 (-16.1%), from €48,735 to €40,882
mainly Investment in fixed assets (net) (-€108,495) and Tax, wage and social debts (-€12,804)
- Debts after one year +€87,288
new in 2025: €87,288
- Reserves +€17,014
up €17,014 (+35.7%), from €47,703 to €64,717
- Tax, wage and social debts -€12,804
down €12,804 (-47.0%), from €27,265 to €14,460
- Trade debts +€3,584
up €3,584 (+197.6%), from €1,814 to €5,397
- Current portion of long-term debt +€2,712
new in 2025: €2,712
- Gross operating margin -€31,909
down €31,909 (-42.1%), from €75,765 to €43,856
- Other operating charges +€12,837
up €12,837 (+1935.0%), from €663 to €13,500
- Taxes -€12,033
down €12,033 (-62.2%), from €19,334 to €7,301
- Financial charges -€1,621
down €1,621 (-53.4%), from €3,033 to €1,412
- Staff costs -€1,041
down €1,041 (-30.0%), from €3,470 to €2,430
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 | €82,693 | €179,575 | +€96,882 | +117.2% |
| Fixed assets | 21/28 | €3,660 | €109,859 | +€106,199 | +2901.3% |
| Tangible fixed assets | 22/27 | €3,660 | €109,859 | +€106,199 | +2901.3% |
| Plant, machinery and equipment | 23 | €422 | €377 | -€45 | -10.8% |
| Furniture and vehicles | 24 | €3,238 | €3,296 | +€58 | +1.8% |
| Leasing and similar rights | 25 | - | €106,186 | +€106,186 | |
| Current assets | 29/58 | €79,033 | €69,716 | -€9,317 | -11.8% |
| Amounts receivable within one year | 40/41 | €30,010 | €28,546 | -€1,465 | -4.9% |
| Trade receivables | 40 | €29,989 | €24,869 | -€5,120 | -17.1% |
| Other amounts receivable | 41 | €21 | €3,676 | +€3,655 | +17168.2% |
| Cash at bank and in hand | 54/58 | €48,735 | €40,882 | -€7,852 | -16.1% |
| Deferred charges and accrued income | 490/1 | €288 | €288 | = | 0.0% |
| Total equity and liabilities | 10/49 | €82,693 | €179,575 | +€96,882 | +117.2% |
| Equity | 10/15 | €52,703 | €69,717 | +€17,014 | +32.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,703 | €64,717 | +€17,014 | +35.7% |
| Distributable reserves | 133 | €47,703 | €64,717 | +€17,014 | +35.7% |
| Amounts payable | 17/49 | €29,990 | €109,858 | +€79,868 | +266.3% |
| Amounts payable after more than one year | 17 | - | €87,288 | +€87,288 | |
| Financial debts | 170/4 | - | €87,288 | +€87,288 | |
| Amounts payable within one year | 42/48 | €29,990 | €22,569 | -€7,420 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | - | €2,712 | +€2,712 | |
| Trade debts | 44 | €1,814 | €5,397 | +€3,584 | +197.6% |
| Suppliers | 440/4 | €1,814 | €5,397 | +€3,584 | +197.6% |
| Taxes, remuneration and social security | 45 | €27,265 | €14,460 | -€12,804 | -47.0% |
| Taxes | 450/3 | €27,265 | €14,460 | -€12,804 | -47.0% |
| Other amounts payable | 47/48 | €911 | - | -€911 | |
| Remuneration, social security and pensions | 62 | €3,470 | €2,430 | -€1,041 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,576 | €2,296 | +€720 | +45.7% |
| Other operating charges | 640/8 | €663 | €13,500 | +€12,837 | +1935.0% |
| Gross operating margin | 9900 | €75,765 | €43,856 | -€31,909 | -42.1% |
| Operating profit (loss) | 9901 | €70,055 | €25,629 | -€44,425 | -63.4% |
| Financial income | 75/76B | €15 | €97 | +€82 | +547.6% |
| Recurring financial income | 75 | €15 | €97 | +€82 | +547.6% |
| Financial charges | 65/66B | €3,033 | €1,412 | -€1,621 | -53.4% |
| Recurring financial charges | 65 | €3,033 | €1,412 | -€1,621 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €67,037 | €24,314 | -€42,723 | -63.7% |
| Income taxes | 67/77 | €19,334 | €7,301 | -€12,033 | -62.2% |
| Profit (loss) for the period | 9904 | €47,703 | €17,014 | -€30,689 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,703 | €17,014 | -€30,689 | -64.3% |
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 1 October 2026 via checked.be.