Network Engineering Construction: 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.
Network Engineering Construction
Largest movements
- Cash -€3,208
down €3,208 (-91.7%), from €3,500 to €292
mainly Contributions, distributions and other (-€8,500) and Investment in fixed assets (net) (-€3,336)
- Receivables within one year -€1,692
down €1,692 (-23.1%), from €7,324 to €5,632
of which Trade receivables: -€2,299
- Tangible fixed assets -€886
down €886 (-8.9%), from €9,903 to €9,017
of which Furniture and vehicles: -€740
- Reserves -€8,500
down €8,500 (-17.8%), from €47,648 to €39,148
of which Distributable reserves: -€8,500
- Trade debts +€2,812
up €2,812 (+515.0%), from €546 to €3,358
- Gross operating margin -€9,965
down €9,965 (-71.7%), from €13,901 to €3,936
- Taxes +€1,055
up €1,055 (+722.6%), from €146 to €1,201
- Depreciation +€244
up €244 (+6.1%), from €3,978 to €4,222
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 | €83,551 | €77,092 | -€6,459 | -7.7% |
| Fixed assets | 21/28 | €9,989 | €9,103 | -€886 | -8.9% |
| Tangible fixed assets | 22/27 | €9,903 | €9,017 | -€886 | -8.9% |
| Plant, machinery and equipment | 23 | €5,852 | €5,706 | -€146 | -2.5% |
| Furniture and vehicles | 24 | €4,051 | €3,311 | -€740 | -18.3% |
| Financial fixed assets | 28 | €86 | €86 | = | 0.0% |
| Current assets | 29/58 | €73,562 | €67,989 | -€5,573 | -7.6% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,210 | €2,065 | -€145 | -6.6% |
| Stocks | 30/36 | €2,210 | €2,065 | -€145 | -6.6% |
| Amounts receivable within one year | 40/41 | €7,324 | €5,632 | -€1,692 | -23.1% |
| Trade receivables | 40 | €3,872 | €1,573 | -€2,299 | -59.4% |
| Other amounts receivable | 41 | €3,452 | €4,059 | +€607 | +17.6% |
| Cash at bank and in hand | 54/58 | €3,500 | €292 | -€3,208 | -91.7% |
| Deferred charges and accrued income | 490/1 | €528 | - | -€528 | |
| Total equity and liabilities | 10/49 | €83,551 | €77,092 | -€6,459 | -7.7% |
| Equity | 10/15 | €80,492 | €71,420 | -€9,072 | -11.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,648 | €39,148 | -€8,500 | -17.8% |
| Tax-exempt reserves | 132 | €26,788 | €26,788 | = | 0.0% |
| Distributable reserves | 133 | €20,860 | €12,360 | -€8,500 | -40.7% |
| Profit (loss) carried forward | 14 | €26,644 | €26,072 | -€572 | -2.1% |
| Amounts payable | 17/49 | €3,059 | €5,672 | +€2,613 | +85.4% |
| Amounts payable within one year | 42/48 | €3,059 | €5,672 | +€2,613 | +85.4% |
| Trade debts | 44 | €546 | €3,358 | +€2,812 | +515.0% |
| Suppliers | 440/4 | €546 | €3,358 | +€2,812 | +515.0% |
| Taxes, remuneration and social security | 45 | €2,513 | €2,314 | -€199 | -7.9% |
| Taxes | 450/3 | €2,513 | €2,314 | -€199 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,978 | €4,222 | +€244 | +6.1% |
| Other operating charges | 640/8 | €949 | €1,009 | +€60 | +6.3% |
| Gross operating margin | 9900 | €13,901 | €3,936 | -€9,965 | -71.7% |
| Operating profit (loss) | 9901 | €8,974 | -€1,295 | -€10,269 | |
| Financial income | 75/76B | €2,101 | €2,107 | +€6 | +0.3% |
| Recurring financial income | 75 | €2,101 | €2,107 | +€6 | +0.3% |
| Financial charges | 65/66B | €161 | €183 | +€22 | +13.7% |
| Recurring financial charges | 65 | €161 | €183 | +€22 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €10,914 | €629 | -€10,285 | -94.2% |
| Income taxes | 67/77 | €146 | €1,201 | +€1,055 | +722.6% |
| Profit (loss) for the period | 9904 | €10,768 | -€572 | -€11,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,768 | -€572 | -€11,340 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.