NETWORK CABLING SOLUTIONS: 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 CABLING SOLUTIONS
Largest movements
- Receivables within one year -€145,123
down €145,123 (-55.1%), from €263,354 to €118,231
of which Trade receivables: -€96,661
- Cash +€127,144
up €127,144 (+112.0%), from €113,541 to €240,686
mainly Net result for the year (+€166,766) and Receivables within one year (+€145,123)
- Current investments +€50,000
up €50,000 (+5.2%), from €952,750 to €1.0m
- Tangible fixed assets +€23,013
up €23,013 (+29.3%), from €78,553 to €101,567
of which Plant, machinery and equipment: +€29,470
- Reserves +€166,766
up €166,766 (+15.8%), from €1.1m to €1.2m
- Accrued charges and deferred income -€110,999
down €110,999 (-99.4%), from €111,656 to €657
- Debts after one year +€21,114
up €21,114 (+60.0%), from €35,169 to €56,283
- Gross operating margin +€201,056
up €201,056 (+63.8%), from €315,379 to €516,435
- Taxes +€55,213
up €55,213 (+360.0%), from €15,339 to €70,551
- Staff costs +€8,990
up €8,990 (+3.7%), from €246,082 to €255,072
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 | €1,424,396 | €1,490,565 | +€66,169 | +4.6% |
| Fixed assets | 21/28 | €78,553 | €101,567 | +€23,013 | +29.3% |
| Tangible fixed assets | 22/27 | €78,553 | €101,567 | +€23,013 | +29.3% |
| Land and buildings | 22 | €48,792 | €42,571 | -€6,221 | -12.8% |
| Plant, machinery and equipment | 23 | €29,245 | €58,716 | +€29,470 | +100.8% |
| Furniture and vehicles | 24 | €516 | €280 | -€236 | -45.7% |
| Current assets | 29/58 | €1,345,843 | €1,388,999 | +€43,156 | +3.2% |
| Stocks and contracts in progress | 3 | €11,429 | €19,069 | +€7,640 | +66.8% |
| Stocks | 30/36 | €11,429 | €19,069 | +€7,640 | +66.8% |
| Amounts receivable within one year | 40/41 | €263,354 | €118,231 | -€145,123 | -55.1% |
| Trade receivables | 40 | €204,181 | €107,520 | -€96,661 | -47.3% |
| Other amounts receivable | 41 | €59,173 | €10,711 | -€48,461 | -81.9% |
| Current investments | 50/53 | €952,750 | €1,002,750 | +€50,000 | +5.2% |
| Cash at bank and in hand | 54/58 | €113,541 | €240,686 | +€127,144 | +112.0% |
| Deferred charges and accrued income | 490/1 | €4,769 | €8,263 | +€3,494 | +73.3% |
| Total equity and liabilities | 10/49 | €1,424,396 | €1,490,565 | +€66,169 | +4.6% |
| Equity | 10/15 | €1,081,882 | €1,248,647 | +€166,766 | +15.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €1,057,092 | €1,223,858 | +€166,766 | +15.8% |
| Distributable reserves | 133 | €1,057,092 | €1,223,858 | +€166,766 | +15.8% |
| Amounts payable | 17/49 | €342,515 | €241,918 | -€100,597 | -29.4% |
| Amounts payable after more than one year | 17 | €35,169 | €56,283 | +€21,114 | +60.0% |
| Financial debts | 170/4 | €35,169 | €56,283 | +€21,114 | +60.0% |
| Amounts payable within one year | 42/48 | €195,690 | €184,978 | -€10,712 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €11,678 | €14,886 | +€3,208 | +27.5% |
| Trade debts | 44 | €36,349 | €21,905 | -€14,444 | -39.7% |
| Suppliers | 440/4 | €36,349 | €21,905 | -€14,444 | -39.7% |
| Taxes, remuneration and social security | 45 | €25,090 | €25,615 | +€524 | +2.1% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €25,090 | €25,615 | +€524 | +2.1% |
| Other amounts payable | 47/48 | €122,572 | €122,572 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €111,656 | €657 | -€110,999 | -99.4% |
| Remuneration, social security and pensions | 62 | €246,082 | €255,072 | +€8,990 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,290 | €13,436 | +€146 | +1.1% |
| Other operating charges | 640/8 | €6,163 | €5,497 | -€665 | -10.8% |
| Non-recurring operating charges | 66A | €0 | €878 | +€878 | |
| Gross operating margin | 9900 | €315,379 | €516,435 | +€201,056 | +63.8% |
| Operating profit (loss) | 9901 | €49,845 | €241,553 | +€191,708 | +384.6% |
| Financial income | 75/76B | €1,163 | €41 | -€1,122 | -96.5% |
| Recurring financial income | 75 | €1,163 | €41 | -€1,122 | -96.5% |
| Financial charges | 65/66B | €4,143 | €4,276 | +€133 | +3.2% |
| Recurring financial charges | 65 | €4,143 | €4,276 | +€133 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €46,864 | €237,317 | +€190,453 | +406.4% |
| Income taxes | 67/77 | €15,339 | €70,551 | +€55,213 | +360.0% |
| Profit (loss) for the period | 9904 | €31,526 | €166,766 | +€135,240 | +429.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,526 | €166,766 | +€135,240 | +429.0% |
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.