5D 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.
5D Solutions
Largest movements
- Receivables within one year +€451,044
up €451,044 (+3,388%), from €13,315 to €464,359
of which Other amounts receivable: +€444,847
- Financial fixed assets -€440,000
no longer reported in 2025 (was €440,000)
- Stocks and contracts -€116,527
no longer reported in 2025 (was €116,527)
- Tangible fixed assets -€11,564
down €11,564 (-3.5%), from €332,037 to €320,473
of which Land and buildings: -€7,818
- Short-term financial debts +€500,000
up €500,000 (+222%), from €225,000 to €725,000
- Debts after one year -€259,286
no longer reported in 2025 (was €259,286)
- Reserves -€199,501
down €199,501 (-94.9%), from €210,123 to €10,622
- Other debts -€109,738
down €109,738 (-71.7%), from €153,155 to €43,417
- Tax, wage and social debts -€28,630
down €28,630 (-60.3%), from €47,504 to €18,874
- Gross operating margin -€126,675
down €126,675, from €125,339 to -€1,335
- Financial income +€43,009
up €43,009 (+333,148%), from €13 to €43,022
- Taxes -€14,525
down €14,525 (-98.6%), from €14,727 to €201
- Other operating charges -€9,030
down €9,030 (-90.3%), from €9,997 to €967
- Financial charges -€8,252
down €8,252 (-29.6%), from €27,858 to €19,606
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 | €917,338 | €807,171 | -€110,167 | -12.0% |
| Fixed assets | 21/28 | €772,037 | €320,473 | -€451,564 | -58.5% |
| Tangible fixed assets | 22/27 | €332,037 | €320,473 | -€11,564 | -3.5% |
| Land and buildings | 22 | €312,682 | €304,864 | -€7,818 | -2.5% |
| Furniture and vehicles | 24 | €19,355 | €15,609 | -€3,746 | -19.4% |
| Financial fixed assets | 28 | €440,000 | - | -€440,000 | |
| Current assets | 29/58 | €145,301 | €486,698 | +€341,397 | +235% |
| Stocks and contracts in progress | 3 | €116,527 | - | -€116,527 | |
| Stocks | 30/36 | €116,527 | - | -€116,527 | |
| Amounts receivable within one year | 40/41 | €13,315 | €464,359 | +€451,044 | +3,388% |
| Trade receivables | 40 | €13,315 | €19,512 | +€6,197 | +46.5% |
| Other amounts receivable | 41 | - | €444,847 | +€444,847 | |
| Cash at bank and in hand | 54/58 | €15,459 | €22,339 | +€6,880 | +44.5% |
| Total equity and liabilities | 10/49 | €917,338 | €807,171 | -€110,167 | -12.0% |
| Equity | 10/15 | €212,623 | €13,122 | -€199,501 | -93.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €210,123 | €10,622 | -€199,501 | -94.9% |
| Distributable reserves | 133 | €210,123 | €10,622 | -€199,501 | -94.9% |
| Amounts payable | 17/49 | €704,715 | €794,048 | +€89,334 | +12.7% |
| Amounts payable after more than one year | 17 | €259,286 | - | -€259,286 | |
| Financial debts | 170/4 | €259,286 | - | -€259,286 | |
| Amounts payable within one year | 42/48 | €443,008 | €793,133 | +€350,124 | +79.0% |
| Financial debts | 43 | €225,000 | €725,000 | +€500,000 | +222% |
| Credit institutions | 430/8 | €225,000 | €725,000 | +€500,000 | +222% |
| Trade debts | 44 | €17,349 | €3,341 | -€14,008 | -80.7% |
| Suppliers | 440/4 | €17,349 | €3,341 | -€14,008 | -80.7% |
| Advances received on contracts in progress | 46 | - | €2,500 | +€2,500 | |
| Taxes, remuneration and social security | 45 | €47,504 | €18,874 | -€28,630 | -60.3% |
| Taxes | 450/3 | €47,504 | €18,874 | -€28,630 | -60.3% |
| Other amounts payable | 47/48 | €153,155 | €43,417 | -€109,738 | -71.7% |
| Accrued charges and deferred income | 492/3 | €2,421 | €916 | -€1,505 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,694 | €20,414 | +€719 | +3.7% |
| Other operating charges | 640/8 | €9,997 | €967 | -€9,030 | -90.3% |
| Gross operating margin | 9900 | €125,339 | -€1,335 | -€126,675 | |
| Operating profit (loss) | 9901 | €95,648 | -€22,716 | -€118,364 | |
| Financial income | 75/76B | €13 | €43,022 | +€43,009 | +333,148% |
| Recurring financial income | 75 | €13 | €43,022 | +€43,009 | +333,148% |
| Financial charges | 65/66B | €27,858 | €19,606 | -€8,252 | -29.6% |
| Recurring financial charges | 65 | €27,858 | €19,606 | -€8,252 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €67,803 | €701 | -€67,103 | -99.0% |
| Income taxes | 67/77 | €14,727 | €201 | -€14,525 | -98.6% |
| Profit (loss) for the period | 9904 | €53,076 | €499 | -€52,577 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,076 | €499 | -€52,577 | -99.1% |
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 31 October 2026 via checked.be.