ALTERNATIVE 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.
ALTERNATIVE SOLUTIONS
Largest movements
- Current investments +€36,000
up €36,000 (+26.9%), from €134,000 to €170,000
- Receivables within one year -€22,045
down €22,045 (-46.8%), from €47,148 to €25,103
of which Other amounts receivable: -€18,927
- Reserves +€25,961
up €25,961 (+19.0%), from €136,414 to €162,376
of which Distributable reserves: +€25,961
- Tax, wage and social debts -€6,578
down €6,578 (-31.9%), from €20,648 to €14,070
- Other debts -€5,507
down €5,507 (-27.2%), from €20,276 to €14,770
- Gross operating margin +€11,968
up €11,968 (+26.2%), from €45,764 to €57,733
- Taxes +€3,341
up €3,341 (+25.4%), from €13,177 to €16,518
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 | €184,426 | €198,523 | +€14,097 | +7.6% |
| Fixed assets | 21/28 | - | €520 | +€520 | |
| Tangible fixed assets | 22/27 | - | €520 | +€520 | |
| Furniture and vehicles | 24 | - | €520 | +€520 | |
| Current assets | 29/58 | €184,426 | €198,003 | +€13,577 | +7.4% |
| Amounts receivable within one year | 40/41 | €47,148 | €25,103 | -€22,045 | -46.8% |
| Trade receivables | 40 | €13,552 | €10,434 | -€3,118 | -23.0% |
| Other amounts receivable | 41 | €33,596 | €14,668 | -€18,927 | -56.3% |
| Current investments | 50/53 | €134,000 | €170,000 | +€36,000 | +26.9% |
| Cash at bank and in hand | 54/58 | €2,087 | €2,103 | +€16 | +0.8% |
| Deferred charges and accrued income | 490/1 | €1,191 | €797 | -€394 | -33.1% |
| Total equity and liabilities | 10/49 | €184,426 | €198,523 | +€14,097 | +7.6% |
| Equity | 10/15 | €143,105 | €169,067 | +€25,961 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €136,414 | €162,376 | +€25,961 | +19.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €134,554 | €160,516 | +€25,961 | +19.3% |
| Profit (loss) carried forward | 14 | €491 | €491 | = | 0.0% |
| Amounts payable | 17/49 | €41,321 | €29,456 | -€11,864 | -28.7% |
| Amounts payable within one year | 42/48 | €41,321 | €29,456 | -€11,864 | -28.7% |
| Financial debts | 43 | - | €102 | +€102 | |
| Credit institutions | 430/8 | - | €102 | +€102 | |
| Trade debts | 44 | €396 | €514 | +€118 | +29.9% |
| Suppliers | 440/4 | €396 | €514 | +€118 | +29.9% |
| Taxes, remuneration and social security | 45 | €20,648 | €14,070 | -€6,578 | -31.9% |
| Taxes | 450/3 | €20,648 | €14,070 | -€6,578 | -31.9% |
| Other amounts payable | 47/48 | €20,276 | €14,770 | -€5,507 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €90 | +€90 | |
| Other operating charges | 640/8 | €720 | €804 | +€84 | +11.7% |
| Gross operating margin | 9900 | €45,764 | €57,733 | +€11,968 | +26.2% |
| Operating profit (loss) | 9901 | €45,044 | €56,838 | +€11,794 | +26.2% |
| Financial income | 75/76B | €213 | €602 | +€390 | +183.1% |
| Recurring financial income | 75 | €213 | €602 | +€390 | +183.1% |
| Financial charges | 65/66B | €169 | €191 | +€22 | +13.1% |
| Recurring financial charges | 65 | €169 | €191 | +€22 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €45,088 | €57,249 | +€12,161 | +27.0% |
| Income taxes | 67/77 | €13,177 | €16,518 | +€3,341 | +25.4% |
| Profit (loss) for the period | 9904 | €31,911 | €40,731 | +€8,820 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,911 | €40,731 | +€8,820 | +27.6% |
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 12 October 2026 via checked.be.