B Solutions Management: 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.
B Solutions Management
Largest movements
- Receivables after one year -€442,748
no longer reported in 2025 (was €442,748)
- Receivables within one year +€163,464
up €163,464 (+20.8%), from €784,842 to €948,306
of which Other amounts receivable: +€245,899
- Cash -€124,325
down €124,325 (-37.7%), from €329,532 to €205,207
mainly Other debts (-€1.1m) and Contributions, distributions and other (-€190,064)
- Tangible fixed assets -€117,620
down €117,620 (-7.6%), from €1.5m to €1.4m
of which Land and buildings: -€73,216
- Formation expenses +€48,927
new in 2025: €48,927
- Other debts -€1.1m
down €1.1m (-85.2%), from €1.3m to €185,000
- Debts after one year +€645,729
up €645,729 (+57.3%), from €1.1m to €1.8m
- Trade debts -€89,521
down €89,521 (-37.4%), from €239,593 to €150,072
- Profit (loss) carried forward +€39,675
up €39,675 (+35.6%), from €111,397 to €151,072
- Purchases and services -€1.5m
no longer reported in 2025 (was €1.5m)
- Gross operating margin -€185,136
down €185,136 (-14.3%), from €1.3m to €1.1m
- Taxes -€158,786
down €158,786, from €158,208 to -€578
- Depreciation +€33,852
up €33,852 (+17.3%), from €195,503 to €229,355
- Staff costs -€16,812
down €16,812 (-2.9%), from €576,815 to €560,003
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 | €3,507,253 | €3,052,223 | -€455,030 | -13.0% |
| Formation expenses | 20 | - | €48,927 | +€48,927 | |
| Fixed assets | 21/28 | €1,910,717 | €1,784,991 | -€125,726 | -6.6% |
| Intangible fixed assets | 21 | €45,217 | €36,879 | -€8,338 | -18.4% |
| Tangible fixed assets | 22/27 | €1,544,318 | €1,426,698 | -€117,620 | -7.6% |
| Land and buildings | 22 | €1,342,715 | €1,269,499 | -€73,216 | -5.5% |
| Plant, machinery and equipment | 23 | €29,568 | €22,049 | -€7,519 | -25.4% |
| Furniture and vehicles | 24 | €172,035 | €135,150 | -€36,885 | -21.4% |
| Financial fixed assets | 28 | €321,182 | €321,414 | +€232 | +0.1% |
| Current assets | 29/58 | €1,596,536 | €1,218,305 | -€378,231 | -23.7% |
| Amounts receivable after more than one year | 29 | €442,748 | - | -€442,748 | |
| Other amounts receivable | 291 | €442,748 | - | -€442,748 | |
| Amounts receivable within one year | 40/41 | €784,842 | €948,306 | +€163,464 | +20.8% |
| Trade receivables | 40 | €141,180 | €58,745 | -€82,435 | -58.4% |
| Other amounts receivable | 41 | €643,662 | €889,561 | +€245,899 | +38.2% |
| Cash at bank and in hand | 54/58 | €329,532 | €205,207 | -€124,325 | -37.7% |
| Deferred charges and accrued income | 490/1 | €39,414 | €64,792 | +€25,378 | +64.4% |
| Total equity and liabilities | 10/49 | €3,507,253 | €3,052,223 | -€455,030 | -13.0% |
| Equity | 10/15 | €441,495 | €476,106 | +€34,611 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,860 | €241,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €240,000 | €240,000 | = | 0.0% |
| Financial assistance | 1313 | €240,000 | €240,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,397 | €151,072 | +€39,675 | +35.6% |
| Investment grants | 15 | €69,638 | €64,574 | -€5,064 | -7.3% |
| Amounts payable | 17/49 | €3,065,758 | €2,576,117 | -€489,641 | -16.0% |
| Amounts payable after more than one year | 17 | €1,127,771 | €1,773,500 | +€645,729 | +57.3% |
| Financial debts | 170/4 | €1,127,771 | €1,773,500 | +€645,729 | +57.3% |
| Amounts payable within one year | 42/48 | €1,933,415 | €801,516 | -€1.1m | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €230,329 | €226,476 | -€3,853 | -1.7% |
| Trade debts | 44 | €239,593 | €150,072 | -€89,521 | -37.4% |
| Suppliers | 440/4 | €239,593 | €150,072 | -€89,521 | -37.4% |
| Taxes, remuneration and social security | 45 | €210,613 | €239,968 | +€29,355 | +13.9% |
| Taxes | 450/3 | €135,692 | €155,292 | +€19,600 | +14.4% |
| Remuneration and social security | 454/9 | €74,921 | €84,676 | +€9,755 | +13.0% |
| Other amounts payable | 47/48 | €1,252,880 | €185,000 | -€1.1m | -85.2% |
| Accrued charges and deferred income | 492/3 | €4,572 | €1,101 | -€3,471 | -75.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,491,204 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | €576,815 | €560,003 | -€16,812 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,503 | €229,355 | +€33,852 | +17.3% |
| Other operating charges | 640/8 | €16,677 | €18,866 | +€2,189 | +13.1% |
| Gross operating margin | 9900 | €1,295,731 | €1,110,595 | -€185,136 | -14.3% |
| Operating profit (loss) | 9901 | €506,736 | €302,371 | -€204,365 | -40.3% |
| Financial income | 75/76B | €5,066 | €5,065 | -€1 | 0.0% |
| Recurring financial income | 75 | €5,066 | €5,065 | -€1 | 0.0% |
| Financial charges | 65/66B | €74,564 | €83,339 | +€8,775 | +11.8% |
| Recurring financial charges | 65 | €74,564 | €83,339 | +€8,775 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €437,238 | €224,097 | -€213,141 | -48.7% |
| Income taxes | 67/77 | €158,208 | -€578 | -€158,786 | |
| Profit (loss) for the period | 9904 | €279,030 | €224,675 | -€54,355 | -19.5% |
| Transfer from tax-exempt reserves | 789 | €106,800 | - | -€106,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €385,830 | €224,675 | -€161,155 | -41.8% |
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.