ALL SYSTEM SOLUTION: 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.
ALL SYSTEM SOLUTION
Largest movements
- Cash +€16,341
up €16,341 (+94.9%), from €17,223 to €33,564
mainly Receivables within one year (+€10,116) and Net result for the year (+€5,765)
- Receivables within one year -€10,116
down €10,116 (-37.6%), from €26,893 to €16,777
of which Trade receivables: -€11,284
- Tangible fixed assets -€810
down €810 (-32.6%), from €2,483 to €1,673
- Deferred charges and accrued income -€718
no longer reported in 2025 (was €718)
- Profit (loss) carried forward +€5,765
up €5,765 (+16.8%), from €34,314 to €40,080
- Current portion of long-term debt -€3,960
no longer reported in 2025 (was €3,960)
- Tax, wage and social debts +€2,860
up €2,860 (+51.0%), from €5,605 to €8,465
- Gross operating margin -€20,453
down €20,453 (-66.2%), from €30,881 to €10,428
- Depreciation -€4,214
down €4,214 (-83.9%), from €5,024 to €810
- Taxes -€3,184
down €3,184 (-56.8%), from €5,605 to €2,421
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 | €47,318 | €52,015 | +€4,697 | +9.9% |
| Fixed assets | 21/28 | €2,483 | €1,673 | -€810 | -32.6% |
| Tangible fixed assets | 22/27 | €2,483 | €1,673 | -€810 | -32.6% |
| Plant, machinery and equipment | 23 | €2,483 | €1,673 | -€810 | -32.6% |
| Current assets | 29/58 | €44,834 | €50,341 | +€5,507 | +12.3% |
| Amounts receivable within one year | 40/41 | €26,893 | €16,777 | -€10,116 | -37.6% |
| Trade receivables | 40 | €22,780 | €11,496 | -€11,284 | -49.5% |
| Other amounts receivable | 41 | €4,113 | €5,282 | +€1,169 | +28.4% |
| Cash at bank and in hand | 54/58 | €17,223 | €33,564 | +€16,341 | +94.9% |
| Deferred charges and accrued income | 490/1 | €718 | - | -€718 | |
| Total equity and liabilities | 10/49 | €47,318 | €52,015 | +€4,697 | +9.9% |
| Equity | 10/15 | €35,314 | €41,080 | +€5,765 | +16.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,314 | €40,080 | +€5,765 | +16.8% |
| Amounts payable | 17/49 | €12,003 | €10,935 | -€1,068 | -8.9% |
| Amounts payable within one year | 42/48 | €12,003 | €10,935 | -€1,068 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €3,960 | - | -€3,960 | |
| Trade debts | 44 | €2,439 | €2,470 | +€31 | +1.3% |
| Suppliers | 440/4 | €2,439 | €2,470 | +€31 | +1.3% |
| Taxes, remuneration and social security | 45 | €5,605 | €8,465 | +€2,860 | +51.0% |
| Taxes | 450/3 | €5,605 | €8,465 | +€2,860 | +51.0% |
| Remuneration, social security and pensions | 62 | €260 | €343 | +€83 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,024 | €810 | -€4,214 | -83.9% |
| Other operating charges | 640/8 | €687 | €759 | +€72 | +10.5% |
| Non-recurring operating charges | 66A | €126 | €261 | +€135 | +106.7% |
| Gross operating margin | 9900 | €30,881 | €10,428 | -€20,453 | -66.2% |
| Operating profit (loss) | 9901 | €24,784 | €8,255 | -€16,529 | -66.7% |
| Financial income | 75/76B | €221 | €253 | +€32 | +14.6% |
| Recurring financial income | 75 | €221 | €253 | +€32 | +14.6% |
| Financial charges | 65/66B | €410 | €322 | -€88 | -21.5% |
| Recurring financial charges | 65 | €410 | €322 | -€88 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €24,594 | €8,186 | -€16,408 | -66.7% |
| Income taxes | 67/77 | €5,605 | €2,421 | -€3,184 | -56.8% |
| Profit (loss) for the period | 9904 | €18,990 | €5,765 | -€13,225 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,990 | €5,765 | -€13,225 | -69.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.