NetworTH: 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.
NetworTH
Largest movements
- Cash +€162,404
up €162,404 (+268.7%), from €60,431 to €222,835
mainly Net result for the year (+€85,204) and Current investments (+€50,624)
- Current investments -€50,624
down €50,624 (-52.9%), from €95,667 to €45,043
- Tangible fixed assets -€4,592
down €4,592 (-54.9%), from €8,369 to €3,777
- Profit (loss) carried forward +€85,204
up €85,204 (+65.2%), from €130,672 to €215,876
- Tax, wage and social debts +€21,055
up €21,055 (+73.1%), from €28,819 to €49,874
- Other debts +€3,265
up €3,265 (+21.1%), from €15,500 to €18,765
- Gross operating margin +€29,951
up €29,951 (+35.9%), from €83,498 to €113,448
- Taxes +€5,911
up €5,911 (+35.2%), from €16,773 to €22,684
- Depreciation +€3,777
up €3,777 (+463.1%), from €816 to €4,592
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 | €181,963 | €289,976 | +€108,012 | +59.4% |
| Fixed assets | 21/28 | €8,389 | €3,797 | -€4,592 | -54.7% |
| Tangible fixed assets | 22/27 | €8,369 | €3,777 | -€4,592 | -54.9% |
| Furniture and vehicles | 24 | €8,369 | €3,777 | -€4,592 | -54.9% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €173,574 | €286,179 | +€112,605 | +64.9% |
| Amounts receivable within one year | 40/41 | €15,125 | €15,881 | +€756 | +5.0% |
| Trade receivables | 40 | €15,125 | €15,881 | +€756 | +5.0% |
| Current investments | 50/53 | €95,667 | €45,043 | -€50,624 | -52.9% |
| Cash at bank and in hand | 54/58 | €60,431 | €222,835 | +€162,404 | +268.7% |
| Deferred charges and accrued income | 490/1 | €2,352 | €2,420 | +€68 | +2.9% |
| Total equity and liabilities | 10/49 | €181,963 | €289,976 | +€108,012 | +59.4% |
| Equity | 10/15 | €135,672 | €220,876 | +€85,204 | +62.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,672 | €215,876 | +€85,204 | +65.2% |
| Amounts payable | 17/49 | €46,291 | €69,099 | +€22,808 | +49.3% |
| Amounts payable within one year | 42/48 | €46,291 | €69,099 | +€22,808 | +49.3% |
| Trade debts | 44 | €1,972 | €461 | -€1,511 | -76.6% |
| Suppliers | 440/4 | €1,972 | €461 | -€1,511 | -76.6% |
| Taxes, remuneration and social security | 45 | €28,819 | €49,874 | +€21,055 | +73.1% |
| Taxes | 450/3 | €28,819 | €49,874 | +€21,055 | +73.1% |
| Other amounts payable | 47/48 | €15,500 | €18,765 | +€3,265 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €816 | €4,592 | +€3,777 | +463.1% |
| Other operating charges | 640/8 | €702 | €894 | +€192 | +27.3% |
| Gross operating margin | 9900 | €83,498 | €113,448 | +€29,951 | +35.9% |
| Operating profit (loss) | 9901 | €81,980 | €107,962 | +€25,982 | +31.7% |
| Financial income | 75/76B | €768 | €1,673 | +€904 | +117.7% |
| Recurring financial income | 75 | €768 | €1,673 | +€904 | +117.7% |
| Financial charges | 65/66B | €1,399 | €1,747 | +€348 | +24.9% |
| Recurring financial charges | 65 | €1,399 | €1,747 | +€348 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €81,350 | €107,888 | +€26,538 | +32.6% |
| Income taxes | 67/77 | €16,773 | €22,684 | +€5,911 | +35.2% |
| Profit (loss) for the period | 9904 | €64,577 | €85,204 | +€20,628 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,577 | €85,204 | +€20,628 | +31.9% |
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 5 October 2026 via checked.be.