21 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.
21 SOLUTIONS
Largest movements
- Cash -€212,279
down €212,279 (-45.8%), from €463,873 to €251,594
mainly Receivables within one year (-€192,167) and Advances received (-€82,357)
- Receivables within one year +€192,167
up €192,167 (+88.4%), from €217,397 to €409,564
of which Trade receivables: +€202,417
- Advances received -€82,357
down €82,357 (-35.3%), from €233,091 to €150,733
- Trade debts +€50,393
up €50,393 (+60.8%), from €82,899 to €133,292
- Tax, wage and social debts -€19,174
down €19,174 (-10.6%), from €180,328 to €161,154
of which Taxes: -€24,532
- Reserves +€12,993
up €12,993 (+10.0%), from €129,561 to €142,554
- Profit (loss) carried forward +€10,000
up €10,000 (+100%), from €10,000 to €20,000
- Gross operating margin +€20,514
up €20,514 (+2.8%), from €742,536 to €763,050
- Staff costs +€8,858
up €8,858 (+1.4%), from €626,713 to €635,571
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 | €710,066 | €691,263 | -€18,802 | -2.6% |
| Fixed assets | 21/28 | €17,253 | €14,999 | -€2,254 | -13.1% |
| Tangible fixed assets | 22/27 | €17,253 | €14,999 | -€2,254 | -13.1% |
| Plant, machinery and equipment | 23 | - | €2,530 | +€2,530 | |
| Furniture and vehicles | 24 | €15,486 | €12,019 | -€3,467 | -22.4% |
| Other tangible fixed assets | 26 | €1,767 | €450 | -€1,317 | -74.5% |
| Current assets | 29/58 | €692,813 | €676,265 | -€16,548 | -2.4% |
| Amounts receivable within one year | 40/41 | €217,397 | €409,564 | +€192,167 | +88.4% |
| Trade receivables | 40 | €155,941 | €358,358 | +€202,417 | +130% |
| Other amounts receivable | 41 | €61,456 | €51,206 | -€10,250 | -16.7% |
| Cash at bank and in hand | 54/58 | €463,873 | €251,594 | -€212,279 | -45.8% |
| Deferred charges and accrued income | 490/1 | €11,542 | €15,106 | +€3,564 | +30.9% |
| Total equity and liabilities | 10/49 | €710,066 | €691,263 | -€18,802 | -2.6% |
| Equity | 10/15 | €158,561 | €181,554 | +€22,993 | +14.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €129,561 | €142,554 | +€12,993 | +10.0% |
| Distributable reserves | 133 | €129,561 | €142,554 | +€12,993 | +10.0% |
| Profit (loss) carried forward | 14 | €10,000 | €20,000 | +€10,000 | +100% |
| Amounts payable | 17/49 | €551,504 | €509,709 | -€41,796 | -7.6% |
| Amounts payable within one year | 42/48 | €551,504 | €509,709 | -€41,796 | -7.6% |
| Trade debts | 44 | €82,899 | €133,292 | +€50,393 | +60.8% |
| Suppliers | 440/4 | €82,899 | €133,292 | +€50,393 | +60.8% |
| Advances received on contracts in progress | 46 | €233,091 | €150,733 | -€82,357 | -35.3% |
| Taxes, remuneration and social security | 45 | €180,328 | €161,154 | -€19,174 | -10.6% |
| Taxes | 450/3 | €111,737 | €87,205 | -€24,532 | -22.0% |
| Remuneration and social security | 454/9 | €68,591 | €73,949 | +€5,358 | +7.8% |
| Other amounts payable | 47/48 | €55,187 | €64,529 | +€9,342 | +16.9% |
| Remuneration, social security and pensions | 62 | €626,713 | €635,571 | +€8,858 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,770 | €4,713 | +€944 | +25.0% |
| Other operating charges | 640/8 | €772 | €417 | -€355 | -46.0% |
| Gross operating margin | 9900 | €742,536 | €763,050 | +€20,514 | +2.8% |
| Operating profit (loss) | 9901 | €111,281 | €122,349 | +€11,067 | +9.9% |
| Financial income | 75/76B | €402 | €1,608 | +€1,206 | +300% |
| Recurring financial income | 75 | €402 | €1,608 | +€1,206 | +300% |
| Financial charges | 65/66B | €1,681 | €1,243 | -€438 | -26.1% |
| Recurring financial charges | 65 | €1,681 | €1,243 | -€438 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €110,003 | €122,714 | +€12,711 | +11.6% |
| Income taxes | 67/77 | €31,662 | €35,399 | +€3,737 | +11.8% |
| Profit (loss) for the period | 9904 | €78,341 | €87,315 | +€8,974 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,341 | €87,315 | +€8,974 | +11.5% |
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.