1ST 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.
1ST SOLUTIONS
Largest movements
- Receivables within one year -€20,636
down €20,636 (-91.0%), from €22,680 to €2,045
- Tangible fixed assets +€11,728
up €11,728, from €0 to €11,728
- Cash -€7,425
down €7,425 (-7.3%), from €101,176 to €93,751
mainly Trade debts (-€13,083) and Investment in fixed assets (net) (-€12,522)
- Stocks and contracts +€2,460
new in 2025: €2,460
- Trade debts -€13,083
down €13,083 (-49.8%), from €26,292 to €13,209
- Tax, wage and social debts -€9,568
down €9,568 (-38.6%), from €24,784 to €15,216
of which Remuneration and social security: -€13,500
- Reserves +€8,779
up €8,779 (+13.2%), from €66,580 to €75,359
of which Distributable reserves: +€10,639
- Turnover +€122,357
new in 2025: €122,357
- Purchases and services +€114,961
new in 2025: €114,961
- Gross operating margin +€5,159
up €5,159 (+54.6%), from €9,446 to €14,605
- Financial income -€3,807
no longer reported in 2025 (was €3,807)
of which Non-recurring financial income: -€3,806
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 | €123,856 | €109,984 | -€13,872 | -11.2% |
| Fixed assets | 21/28 | - | €11,728 | +€11,728 | |
| Tangible fixed assets | 22/27 | €0 | €11,728 | +€11,728 | |
| Furniture and vehicles | 24 | - | €11,728 | +€11,728 | |
| Current assets | 29/58 | €123,856 | €98,256 | -€25,600 | -20.7% |
| Stocks and contracts in progress | 3 | - | €2,460 | +€2,460 | |
| Stocks | 30/36 | - | €2,460 | +€2,460 | |
| Amounts receivable within one year | 40/41 | €22,680 | €2,045 | -€20,636 | -91.0% |
| Trade receivables | 40 | €22,680 | €2,045 | -€20,636 | -91.0% |
| Cash at bank and in hand | 54/58 | €101,176 | €93,751 | -€7,425 | -7.3% |
| Total equity and liabilities | 10/49 | €123,856 | €109,984 | -€13,872 | -11.2% |
| Equity | 10/15 | €72,780 | €81,559 | +€8,779 | +12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,580 | €75,359 | +€8,779 | +13.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €64,720 | €75,359 | +€10,639 | +16.4% |
| Amounts payable | 17/49 | €51,076 | €28,425 | -€22,651 | -44.3% |
| Amounts payable within one year | 42/48 | €51,076 | €28,425 | -€22,651 | -44.3% |
| Trade debts | 44 | €26,292 | €13,209 | -€13,083 | -49.8% |
| Suppliers | 440/4 | €26,292 | €13,209 | -€13,083 | -49.8% |
| Taxes, remuneration and social security | 45 | €24,784 | €15,216 | -€9,568 | -38.6% |
| Taxes | 450/3 | €11,284 | €15,216 | +€3,932 | +34.8% |
| Remuneration and social security | 454/9 | €13,500 | - | -€13,500 | |
| Turnover | 70 | - | €122,357 | +€122,357 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €114,961 | +€114,961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285 | €794 | +€509 | +179% |
| Other operating charges | 640/8 | €522 | €416 | -€106 | -20.3% |
| Gross operating margin | 9900 | €9,446 | €14,605 | +€5,159 | +54.6% |
| Operating profit (loss) | 9901 | €8,639 | €13,395 | +€4,756 | +55.1% |
| Financial income | 75/76B | €3,807 | - | -€3,807 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €3,806 | - | -€3,806 | |
| Financial charges | 65/66B | €86 | €84 | -€2 | -1.8% |
| Recurring financial charges | 65 | €86 | €84 | -€2 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €12,360 | €13,311 | +€951 | +7.7% |
| Income taxes | 67/77 | €3,674 | €4,532 | +€858 | +23.3% |
| Profit (loss) for the period | 9904 | €8,685 | €8,779 | +€94 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,685 | €8,779 | +€94 | +1.1% |
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 26 October 2026 via checked.be.