NETWORLD-S³: 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.
NETWORLD-S³
Largest movements
- Tangible fixed assets -€4,530
down €4,530 (-22.6%), from €20,053 to €15,523
of which Plant, machinery and equipment: -€2,728
- Receivables after one year -€3,030
down €3,030 (-46.6%), from €6,500 to €3,470
- Cash -€688
down €688 (-96.1%), from €716 to €28
mainly Net result for the year (-€17,538) and Other debts (-€5,129)
- Receivables within one year +€581
up €581 (+14.4%), from €4,030 to €4,610
of which Other amounts receivable: +€361
- Profit (loss) carried forward -€17,538
down €17,538 (-4.8%), from -€361,687 to -€379,225
- Debts after one year +€15,000
up €15,000 (+4.2%), from €360,000 to €375,000
- Other debts -€5,129
down €5,129 (-37.3%), from €13,752 to €8,623
- Gross operating margin -€2,395
down €2,395 (-3719.1%), from -€64 to -€2,460
- Staff costs -€78
down €78 (-16.3%), from €478 to €400
- Depreciation +€31
up €31 (+0.7%), from €4,498 to €4,530
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 | €31,298 | €23,631 | -€7,667 | -24.5% |
| Fixed assets | 21/28 | €20,053 | €15,523 | -€4,530 | -22.6% |
| Tangible fixed assets | 22/27 | €20,053 | €15,523 | -€4,530 | -22.6% |
| Land and buildings | 22 | €12,163 | €10,668 | -€1,495 | -12.3% |
| Plant, machinery and equipment | 23 | €7,149 | €4,421 | -€2,728 | -38.2% |
| Furniture and vehicles | 24 | €740 | €433 | -€307 | -41.5% |
| Current assets | 29/58 | €11,245 | €8,108 | -€3,137 | -27.9% |
| Amounts receivable after more than one year | 29 | €6,500 | €3,470 | -€3,030 | -46.6% |
| Other amounts receivable | 291 | €6,500 | €3,470 | -€3,030 | -46.6% |
| Amounts receivable within one year | 40/41 | €4,030 | €4,610 | +€581 | +14.4% |
| Trade receivables | 40 | €2,629 | €2,849 | +€220 | +8.4% |
| Other amounts receivable | 41 | €1,401 | €1,762 | +€361 | +25.7% |
| Cash at bank and in hand | 54/58 | €716 | €28 | -€688 | -96.1% |
| Total equity and liabilities | 10/49 | €31,298 | €23,631 | -€7,667 | -24.5% |
| Equity | 10/15 | -€342,987 | -€360,525 | -€17,538 | -5.1% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€361,687 | -€379,225 | -€17,538 | -4.8% |
| Amounts payable | 17/49 | €374,285 | €384,156 | +€9,871 | +2.6% |
| Amounts payable after more than one year | 17 | €360,000 | €375,000 | +€15,000 | +4.2% |
| Financial debts | 170/4 | €360,000 | €375,000 | +€15,000 | +4.2% |
| Amounts payable within one year | 42/48 | €14,285 | €9,156 | -€5,129 | -35.9% |
| Taxes, remuneration and social security | 45 | €533 | €533 | = | 0.0% |
| Taxes | 450/3 | €533 | €533 | = | 0.0% |
| Other amounts payable | 47/48 | €13,752 | €8,623 | -€5,129 | -37.3% |
| Remuneration, social security and pensions | 62 | €478 | €400 | -€78 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,498 | €4,530 | +€31 | +0.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Non-recurring operating charges | 66A | - | €9,999 | +€9,999 | |
| Gross operating margin | 9900 | -€64 | -€2,460 | -€2,395 | -3719.1% |
| Operating profit (loss) | 9901 | -€5,158 | -€17,508 | -€12,350 | -239.4% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,188 | -€17,538 | -€12,350 | -238.0% |
| Profit (loss) for the period | 9904 | -€5,188 | -€17,538 | -€12,350 | -238.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,188 | -€17,538 | -€12,350 | -238.0% |
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 6 October 2026 via checked.be.