NETWORK TECHNOLOGY: 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 TECHNOLOGY
Largest movements
- Cash +€7,723
up €7,723 (+16.5%), from €46,704 to €54,427
mainly Net result for the year (+€3,261) and Depreciation (+€2,414)
- Receivables within one year -€1,266
down €1,266 (-9.3%), from €13,647 to €12,381
of which Other amounts receivable: -€2,131
- Tangible fixed assets -€1,258
down €1,258 (-23.0%), from €5,474 to €4,215
- Reserves +€3,261
up €3,261 (+12.1%), from €26,991 to €30,252
of which Distributable reserves: +€3,261
- Tax, wage and social debts +€1,513
up €1,513 (+101%), from €1,495 to €3,008
- Gross operating margin -€1,079
down €1,079 (-8.2%), from €13,233 to €12,154
- Other operating charges +€929
up €929 (+80.8%), from €1,149 to €2,078
- Depreciation -€499
down €499 (-17.1%), from €2,913 to €2,414
- Financial charges -€199
down €199 (-8.7%), from €2,278 to €2,080
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 | €73,088 | €78,286 | +€5,199 | +7.1% |
| Fixed assets | 21/28 | €8,287 | €7,028 | -€1,258 | -15.2% |
| Tangible fixed assets | 22/27 | €5,474 | €4,215 | -€1,258 | -23.0% |
| Furniture and vehicles | 24 | €5,474 | €4,215 | -€1,258 | -23.0% |
| Financial fixed assets | 28 | €2,813 | €2,813 | = | 0.0% |
| Current assets | 29/58 | €64,801 | €71,258 | +€6,457 | +10.0% |
| Amounts receivable after more than one year | 29 | €4,450 | €4,450 | = | 0.0% |
| Other amounts receivable | 291 | €4,450 | €4,450 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,647 | €12,381 | -€1,266 | -9.3% |
| Trade receivables | 40 | €8,236 | €9,102 | +€866 | +10.5% |
| Other amounts receivable | 41 | €5,411 | €3,279 | -€2,131 | -39.4% |
| Cash at bank and in hand | 54/58 | €46,704 | €54,427 | +€7,723 | +16.5% |
| Total equity and liabilities | 10/49 | €73,088 | €78,286 | +€5,199 | +7.1% |
| Equity | 10/15 | €55,159 | €58,420 | +€3,261 | +5.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,991 | €30,252 | +€3,261 | +12.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,440 | €1,440 | = | 0.0% |
| Distributable reserves | 133 | €23,692 | €26,954 | +€3,261 | +13.8% |
| Profit (loss) carried forward | 14 | €9,576 | €9,576 | = | 0.0% |
| Amounts payable | 17/49 | €17,929 | €19,866 | +€1,937 | +10.8% |
| Amounts payable within one year | 42/48 | €17,929 | €19,866 | +€1,937 | +10.8% |
| Financial debts | 43 | €481 | €474 | -€7 | -1.4% |
| Other loans | 439 | €481 | €474 | -€7 | -1.4% |
| Trade debts | 44 | €322 | €753 | +€431 | +134% |
| Suppliers | 440/4 | €322 | €753 | +€431 | +134% |
| Taxes, remuneration and social security | 45 | €1,495 | €3,008 | +€1,513 | +101% |
| Taxes | 450/3 | €1,495 | €3,008 | +€1,513 | +101% |
| Other amounts payable | 47/48 | €15,631 | €15,631 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,913 | €2,414 | -€499 | -17.1% |
| Other operating charges | 640/8 | €1,149 | €2,078 | +€929 | +80.8% |
| Gross operating margin | 9900 | €13,233 | €12,154 | -€1,079 | -8.2% |
| Operating profit (loss) | 9901 | €9,170 | €7,662 | -€1,508 | -16.4% |
| Financial charges | 65/66B | €2,278 | €2,080 | -€199 | -8.7% |
| Recurring financial charges | 65 | €2,278 | €2,080 | -€199 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €6,892 | €5,582 | -€1,310 | -19.0% |
| Income taxes | 67/77 | €2,400 | €2,321 | -€79 | -3.3% |
| Profit (loss) for the period | 9904 | €4,492 | €3,261 | -€1,231 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,492 | €3,261 | -€1,231 | -27.4% |
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 23 October 2026 via checked.be.