Network-IT: 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-IT
Largest movements
- Receivables within one year +€72,147
up €72,147 (+83.1%), from €86,852 to €158,999
of which Trade receivables: +€57,587
- Tangible fixed assets +€48,249
up €48,249 (+30.9%), from €155,935 to €204,184
of which Land and buildings: +€61,204
- Cash -€11,699
down €11,699 (-11.8%), from €99,105 to €87,406
mainly Receivables within one year (-€72,147) and Investment in fixed assets (net) (-€63,597)
- Trade debts +€47,450
up €47,450 (+406%), from €11,686 to €59,136
- Reserves +€46,568
up €46,568 (+27.4%), from €170,213 to €216,781
of which Distributable reserves: +€46,568
- Tax, wage and social debts +€17,439
up €17,439 (+102%), from €17,115 to €34,554
- Debts after one year -€11,072
down €11,072 (-11.0%), from €100,534 to €89,462
- Other debts +€8,487
up €8,487 (+45.4%), from €18,705 to €27,192
- Other operating charges -€2,126
down €2,126 (-56.1%), from €3,790 to €1,664
- Gross operating margin +€2,036
up €2,036 (+1.7%), from €119,337 to €121,374
- Financial charges -€1,875
down €1,875 (-41.2%), from €4,548 to €2,672
- Depreciation +€1,462
up €1,462 (+10.8%), from €13,511 to €14,974
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 | €342,369 | €451,431 | +€109,062 | +31.9% |
| Fixed assets | 21/28 | €155,935 | €204,559 | +€48,624 | +31.2% |
| Tangible fixed assets | 22/27 | €155,935 | €204,184 | +€48,249 | +30.9% |
| Land and buildings | 22 | - | €61,204 | +€61,204 | |
| Furniture and vehicles | 24 | €2,124 | €647 | -€1,477 | -69.5% |
| Other tangible fixed assets | 26 | €153,811 | €142,333 | -€11,479 | -7.5% |
| Financial fixed assets | 28 | - | €375 | +€375 | |
| Current assets | 29/58 | €186,434 | €246,872 | +€60,439 | +32.4% |
| Amounts receivable within one year | 40/41 | €86,852 | €158,999 | +€72,147 | +83.1% |
| Trade receivables | 40 | €79,530 | €137,117 | +€57,587 | +72.4% |
| Other amounts receivable | 41 | €7,323 | €21,883 | +€14,560 | +199% |
| Cash at bank and in hand | 54/58 | €99,105 | €87,406 | -€11,699 | -11.8% |
| Deferred charges and accrued income | 490/1 | €477 | €467 | -€10 | -2.0% |
| Total equity and liabilities | 10/49 | €342,369 | €451,431 | +€109,062 | +31.9% |
| Equity | 10/15 | €182,613 | €229,181 | +€46,568 | +25.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €170,213 | €216,781 | +€46,568 | +27.4% |
| 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 | €168,353 | €214,921 | +€46,568 | +27.7% |
| Amounts payable | 17/49 | €159,755 | €222,250 | +€62,494 | +39.1% |
| Amounts payable after more than one year | 17 | €100,534 | €89,462 | -€11,072 | -11.0% |
| Financial debts | 170/4 | €100,534 | €89,462 | -€11,072 | -11.0% |
| Amounts payable within one year | 42/48 | €59,221 | €132,787 | +€73,566 | +124% |
| Current portion of amounts payable after more than one year | 42 | €11,715 | €11,905 | +€191 | +1.6% |
| Trade debts | 44 | €11,686 | €59,136 | +€47,450 | +406% |
| Suppliers | 440/4 | €11,686 | €59,136 | +€47,450 | +406% |
| Taxes, remuneration and social security | 45 | €17,115 | €34,554 | +€17,439 | +102% |
| Taxes | 450/3 | €17,115 | €34,554 | +€17,439 | +102% |
| Other amounts payable | 47/48 | €18,705 | €27,192 | +€8,487 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,511 | €14,974 | +€1,462 | +10.8% |
| Other operating charges | 640/8 | €3,790 | €1,664 | -€2,126 | -56.1% |
| Gross operating margin | 9900 | €119,337 | €121,374 | +€2,036 | +1.7% |
| Operating profit (loss) | 9901 | €102,036 | €104,736 | +€2,700 | +2.6% |
| Financial income | 75/76B | €476 | €171 | -€304 | -64.0% |
| Recurring financial income | 75 | €476 | €171 | -€304 | -64.0% |
| Financial charges | 65/66B | €4,548 | €2,672 | -€1,875 | -41.2% |
| Recurring financial charges | 65 | €4,548 | €2,672 | -€1,875 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €97,964 | €102,234 | +€4,271 | +4.4% |
| Income taxes | 67/77 | €25,894 | €26,824 | +€930 | +3.6% |
| Profit (loss) for the period | 9904 | €72,070 | €75,410 | +€3,341 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,070 | €75,410 | +€3,341 | +4.6% |
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 17 October 2026 via checked.be.