NetworKing: 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.
NetworKing
Largest movements
- Cash -€3,461
down €3,461 (-13.4%), from €25,748 to €22,287
mainly Investment in fixed assets (net) (-€4,672) and Advances received (-€1,936)
- Receivables within one year -€1,318
down €1,318 (-2.4%), from €55,436 to €54,118
of which Trade receivables: -€11,247
- Advances received -€1,936
down €1,936 (-100%), from €1,936 to €0
- Debts after one year -€1,800
down €1,800 (-100%), from €1,800 to €0
- Staff costs +€17,851
up €17,851 (+68.5%), from €26,044 to €43,895
- Gross operating margin -€7,201
down €7,201 (-11.3%), from €63,580 to €56,379
- Taxes -€5,470
down €5,470 (-71.0%), from €7,703 to €2,233
- Other operating charges +€2,633
up €2,633 (+152%), from €1,731 to €4,364
- Financial charges +€1,254
up €1,254 (+77.0%), from €1,629 to €2,883
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 | €91,107 | €86,871 | -€4,237 | -4.7% |
| Fixed assets | 21/28 | €8,070 | €8,004 | -€67 | -0.8% |
| Tangible fixed assets | 22/27 | €8,070 | €8,004 | -€67 | -0.8% |
| Plant, machinery and equipment | 23 | €1,208 | €508 | -€699 | -57.9% |
| Furniture and vehicles | 24 | €5,735 | €7,495 | +€1,760 | +30.7% |
| Leasing and similar rights | 25 | €1,128 | €0 | -€1,128 | -100% |
| Current assets | 29/58 | €83,037 | €78,867 | -€4,170 | -5.0% |
| Amounts receivable within one year | 40/41 | €55,436 | €54,118 | -€1,318 | -2.4% |
| Trade receivables | 40 | €27,449 | €16,203 | -€11,247 | -41.0% |
| Other amounts receivable | 41 | €27,986 | €37,915 | +€9,929 | +35.5% |
| Cash at bank and in hand | 54/58 | €25,748 | €22,287 | -€3,461 | -13.4% |
| Deferred charges and accrued income | 490/1 | €1,853 | €2,462 | +€609 | +32.9% |
| Total equity and liabilities | 10/49 | €91,107 | €86,871 | -€4,237 | -4.7% |
| Equity | 10/15 | €66,454 | €66,216 | -€239 | -0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €61,454 | €61,454 | = | 0.0% |
| Distributable reserves | 133 | €61,454 | €61,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€239 | -€239 | |
| Amounts payable | 17/49 | €24,653 | €20,655 | -€3,998 | -16.2% |
| Amounts payable after more than one year | 17 | €1,800 | €0 | -€1,800 | -100% |
| Financial debts | 170/4 | €1,800 | €0 | -€1,800 | -100% |
| Amounts payable within one year | 42/48 | €22,853 | €20,305 | -€2,548 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €334 | €0 | -€334 | -100% |
| Trade debts | 44 | €753 | €779 | +€26 | +3.5% |
| Suppliers | 440/4 | €753 | €779 | +€26 | +3.5% |
| Advances received on contracts in progress | 46 | €1,936 | €0 | -€1,936 | -100% |
| Taxes, remuneration and social security | 45 | €19,830 | €19,526 | -€304 | -1.5% |
| Taxes | 450/3 | €14,497 | €10,222 | -€4,275 | -29.5% |
| Remuneration and social security | 454/9 | €5,333 | €9,304 | +€3,971 | +74.5% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Remuneration, social security and pensions | 62 | €26,044 | €43,895 | +€17,851 | +68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,918 | €4,739 | -€1,178 | -19.9% |
| Other operating charges | 640/8 | €1,731 | €4,364 | +€2,633 | +152% |
| Gross operating margin | 9900 | €63,580 | €56,379 | -€7,201 | -11.3% |
| Operating profit (loss) | 9901 | €29,888 | €3,381 | -€26,507 | -88.7% |
| Financial income | 75/76B | €968 | €1,496 | +€528 | +54.6% |
| Recurring financial income | 75 | €968 | €1,496 | +€528 | +54.6% |
| Financial charges | 65/66B | €1,629 | €2,883 | +€1,254 | +77.0% |
| Recurring financial charges | 65 | €1,629 | €2,883 | +€1,254 | +77.0% |
| Profit (loss) for the period before taxes | 9903 | €29,227 | €1,994 | -€27,233 | -93.2% |
| Income taxes | 67/77 | €7,703 | €2,233 | -€5,470 | -71.0% |
| Profit (loss) for the period | 9904 | €21,523 | -€239 | -€21,762 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,523 | -€239 | -€21,762 |
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 13 October 2026 via checked.be.