Skip to content

NETCAB SOLUTIONS: 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.

What changed

NETCAB SOLUTIONS

BE 0743.916.655
NACE 42.220, Construction of utility projects for electricity and telecommunications
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€25,606
2024 · €14,900-€40,505
Equity
€10,505
2024 · €36,111-€25,606
Cash
€7,486
2024 · €15,107-€7,620
Balance sheet total
€23,726
2024 · €51,413-€27,687

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€18,502

    down €18,502 (-61.8%), from €29,944 to €11,441

    of which Trade receivables: -€20,367

  • Cash -€7,620

    down €7,620 (-50.4%), from €15,107 to €7,486

    mainly Net result for the year (-€25,606) and Trade debts (-€4,640)

  • Tangible fixed assets -€874

    down €874 (-20.1%), from €4,348 to €3,474

    of which Furniture and vehicles: -€1,322

  • Stocks and contracts -€546

    down €546 (-100%), from €546 to €0

Equity and liabilities
  • Profit (loss) carried forward -€25,606

    down €25,606 (-77.3%), from €33,111 to €7,505

  • Trade debts -€4,640

    down €4,640 (-56.8%), from €8,174 to €3,534

  • Tax, wage and social debts +€2,558

    up €2,558 (+35.9%), from €7,129 to €9,687

    of which Remuneration and social security: +€3,048

Income statement
  • Gross operating margin -€26,000

    down €26,000 (-93.2%), from €27,887 to €1,887

  • Staff costs +€20,530

    up €20,530 (+514%), from €3,996 to €24,525

  • Taxes -€5,853

    down €5,853 (-97.6%), from €5,994 to €141

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €14,900
Gross operating margin -€26,000
Staff costs -€20,530
Depreciation -€227
Other operating charges +€263
Financial income -€23
Financial charges +€159
Taxes +€5,853
Result 2025 -€25,606
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€6,709
Investment -€911
Financing €0
Cash 2024 €15,107
Net result for the year -€25,606
Depreciation +€1,904
Stocks and contracts +€546
Receivables within one year +€18,502
Deferred charges and accrued income +€25
Trade debts -€4,640
Tax, wage and social debts +€2,558
Investment in fixed assets (net) -€911
Cash 2025 €7,486
brings cash intakes cash out
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €51,413 €23,726 -€27,687 -53.9%
Formation expenses 20 - €0 =
Fixed assets 21/28 €5,090 €4,096 -€994 -19.5%
Intangible fixed assets 21 €444 €324 -€120 -27.0%
Tangible fixed assets 22/27 €4,348 €3,474 -€874 -20.1%
Land and buildings 22 €750 €613 -€137 -18.2%
Plant, machinery and equipment 23 €267 €851 +€585 +219%
Furniture and vehicles 24 €3,331 €2,009 -€1,322 -39.7%
Financial fixed assets 28 €298 €298 = 0.0%
Current assets 29/58 €46,323 €19,630 -€26,694 -57.6%
Stocks and contracts in progress 3 €546 €0 -€546 -100%
Stocks 30/36 €546 €0 -€546 -100%
Amounts receivable within one year 40/41 €29,944 €11,441 -€18,502 -61.8%
Trade receivables 40 €23,767 €3,400 -€20,367 -85.7%
Other amounts receivable 41 €6,177 €8,041 +€1,864 +30.2%
Cash at bank and in hand 54/58 €15,107 €7,486 -€7,620 -50.4%
Deferred charges and accrued income 490/1 €727 €702 -€25 -3.5%
Total equity and liabilities 10/49 €51,413 €23,726 -€27,687 -53.9%
Equity 10/15 €36,111 €10,505 -€25,606 -70.9%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €33,111 €7,505 -€25,606 -77.3%
Amounts payable 17/49 €15,302 €13,221 -€2,082 -13.6%
Amounts payable within one year 42/48 €15,302 €13,221 -€2,082 -13.6%
Trade debts 44 €8,174 €3,534 -€4,640 -56.8%
Suppliers 440/4 €8,174 €3,534 -€4,640 -56.8%
Taxes, remuneration and social security 45 €7,129 €9,687 +€2,558 +35.9%
Taxes 450/3 €6,115 €5,625 -€490 -8.0%
Remuneration and social security 454/9 €1,014 €4,062 +€3,048 +301%
Remuneration, social security and pensions 62 €3,996 €24,525 +€20,530 +514%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,677 €1,904 +€227 +13.5%
Other operating charges 640/8 €1,280 €1,017 -€263 -20.6%
Gross operating margin 9900 €27,887 €1,887 -€26,000 -93.2%
Operating profit (loss) 9901 €20,935 -€25,559 -€46,494
Financial income 75/76B €441 €418 -€23 -5.2%
Recurring financial income 75 €441 €418 -€23 -5.2%
Financial charges 65/66B €482 €323 -€159 -32.9%
Recurring financial charges 65 €482 €323 -€159 -32.9%
Profit (loss) for the period before taxes 9903 €20,894 -€25,465 -€46,358
Income taxes 67/77 €5,994 €141 -€5,853 -97.6%
Profit (loss) for the period 9904 €14,900 -€25,606 -€40,505
Profit (loss) for the period to be appropriated 9905 €14,900 -€25,606 -€40,505

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 18 October 2026 via checked.be.