NetXpress: 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.
NetXpress
Largest movements
- Receivables within one year -€16,487
down €16,487 (-46.2%), from €35,693 to €19,206
of which Other amounts receivable: -€20,158
- Tangible fixed assets -€10,208
down €10,208 (-31.6%), from €32,272 to €22,064
of which Leasing and similar rights: -€8,514
- Stocks and contracts +€8,586
up €8,586 (+190.4%), from €4,509 to €13,095
- Cash +€8,501
up €8,501 (+570.5%), from €1,490 to €9,992
mainly Receivables within one year (+€16,487) and Depreciation (+€10,208)
- Debts after one year -€7,740
down €7,740 (-49.1%), from €15,770 to €8,030
- Profit (loss) carried forward +€5,432
up €5,432 (+13.7%), from -€39,616 to -€34,185
- Other debts -€5,000
down €5,000 (-7.2%), from €69,689 to €64,689
- Trade debts -€2,141
down €2,141 (-97.0%), from €2,208 to €66
- Gross operating margin +€21,647
up €21,647, from -€4,496 to €17,151
- Taxes -€11,211
down €11,211 (-100.0%), from €11,211 to €0
- Depreciation +€8,469
up €8,469 (+487.0%), from €1,739 to €10,208
- Financial charges +€416
up €416 (+51.9%), from €803 to €1,219
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 | €75,042 | €65,592 | -€9,451 | -12.6% |
| Fixed assets | 21/28 | €32,272 | €22,064 | -€10,208 | -31.6% |
| Tangible fixed assets | 22/27 | €32,272 | €22,064 | -€10,208 | -31.6% |
| Plant, machinery and equipment | 23 | €7,660 | €5,966 | -€1,694 | -22.1% |
| Leasing and similar rights | 25 | €24,611 | €16,098 | -€8,514 | -34.6% |
| Current assets | 29/58 | €42,771 | €43,528 | +€757 | +1.8% |
| Stocks and contracts in progress | 3 | €4,509 | €13,095 | +€8,586 | +190.4% |
| Stocks | 30/36 | €4,509 | €13,095 | +€8,586 | +190.4% |
| Amounts receivable within one year | 40/41 | €35,693 | €19,206 | -€16,487 | -46.2% |
| Trade receivables | 40 | €2,022 | €5,693 | +€3,671 | +181.5% |
| Other amounts receivable | 41 | €33,671 | €13,513 | -€20,158 | -59.9% |
| Cash at bank and in hand | 54/58 | €1,490 | €9,992 | +€8,501 | +570.5% |
| Deferred charges and accrued income | 490/1 | €1,078 | €1,234 | +€156 | +14.5% |
| Total equity and liabilities | 10/49 | €75,042 | €65,592 | -€9,451 | -12.6% |
| Equity | 10/15 | -€23,316 | -€17,885 | +€5,432 | +23.3% |
| Contributions | 10/11 | €16,300 | €16,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,616 | -€34,185 | +€5,432 | +13.7% |
| Amounts payable | 17/49 | €98,359 | €83,476 | -€14,883 | -15.1% |
| Amounts payable after more than one year | 17 | €15,770 | €8,030 | -€7,740 | -49.1% |
| Financial debts | 170/4 | €15,770 | €8,030 | -€7,740 | -49.1% |
| Amounts payable within one year | 42/48 | €82,075 | €74,919 | -€7,157 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €8,514 | €8,514 | = | 0.0% |
| Trade debts | 44 | €2,208 | €66 | -€2,141 | -97.0% |
| Suppliers | 440/4 | €2,208 | €66 | -€2,141 | -97.0% |
| Taxes, remuneration and social security | 45 | €1,665 | €1,650 | -€15 | -0.9% |
| Taxes | 450/3 | €1,665 | €610 | -€1,055 | -63.4% |
| Remuneration and social security | 454/9 | - | €1,040 | +€1,040 | |
| Other amounts payable | 47/48 | €69,689 | €64,689 | -€5,000 | -7.2% |
| Accrued charges and deferred income | 492/3 | €513 | €528 | +€14 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,739 | €10,208 | +€8,469 | +487.0% |
| Other operating charges | 640/8 | €278 | €293 | +€15 | +5.5% |
| Gross operating margin | 9900 | -€4,496 | €17,151 | +€21,647 | |
| Operating profit (loss) | 9901 | -€6,513 | €6,651 | +€13,163 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €803 | €1,219 | +€416 | +51.9% |
| Recurring financial charges | 65 | €803 | €1,219 | +€416 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,315 | €5,432 | +€12,747 | |
| Income taxes | 67/77 | €11,211 | €0 | -€11,211 | -100.0% |
| Profit (loss) for the period | 9904 | -€18,526 | €5,432 | +€23,958 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,526 | €5,432 | +€23,958 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.