b9 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.
b9 SolutionS
Largest movements
- Cash +€132,394
new in 2025: €132,394
mainly Current investments (+€97,898) and Net result for the year (+€66,305)
- Current investments -€97,898
no longer reported in 2025 (was €97,898)
- Receivables within one year +€17,756
up €17,756 (+112%), from €15,921 to €33,677
- Tangible fixed assets -€10,433
down €10,433 (-25.5%), from €40,864 to €30,431
of which Leasing and similar rights: -€11,427
- Reserves +€46,182
new in 2025: €46,182
- Debts after one year -€15,552
no longer reported in 2025 (was €15,552)
- Tax, wage and social debts +€11,696
up €11,696 (+39.4%), from €29,681 to €41,377
of which Taxes: +€11,696
- Profit (loss) carried forward -€4,267
down €4,267 (-6.6%), from €64,826 to €60,558
- Current portion of long-term debt +€3,910
up €3,910 (+33.6%), from €11,642 to €15,552
- Gross operating margin +€32,305
up €32,305 (+44.3%), from €72,998 to €105,303
- Taxes +€9,444
up €9,444 (+78.7%), from €12,000 to €21,444
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 | €158,205 | €199,430 | +€41,225 | +26.1% |
| Formation expenses | 20 | €163 | €0 | -€163 | -100% |
| Fixed assets | 21/28 | €40,864 | €30,431 | -€10,433 | -25.5% |
| Tangible fixed assets | 22/27 | €40,864 | €30,431 | -€10,433 | -25.5% |
| Plant, machinery and equipment | 23 | €4,199 | €4,812 | +€613 | +14.6% |
| Furniture and vehicles | 24 | €4,670 | €5,050 | +€381 | +8.1% |
| Leasing and similar rights | 25 | €31,995 | €20,568 | -€11,427 | -35.7% |
| Current assets | 29/58 | €117,179 | €169,000 | +€51,821 | +44.2% |
| Amounts receivable within one year | 40/41 | €15,921 | €33,677 | +€17,756 | +112% |
| Trade receivables | 40 | €15,921 | €33,677 | +€17,756 | +112% |
| Current investments | 50/53 | €97,898 | - | -€97,898 | |
| Cash at bank and in hand | 54/58 | - | €132,394 | +€132,394 | |
| Deferred charges and accrued income | 490/1 | €3,360 | €2,929 | -€431 | -12.8% |
| Total equity and liabilities | 10/49 | €158,205 | €199,430 | +€41,225 | +26.1% |
| Equity | 10/15 | €69,826 | €111,740 | +€41,914 | +60.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €46,182 | +€46,182 | |
| Distributable reserves | 133 | - | €46,182 | +€46,182 | |
| Profit (loss) carried forward | 14 | €64,826 | €60,558 | -€4,267 | -6.6% |
| Amounts payable | 17/49 | €88,379 | €87,690 | -€689 | -0.8% |
| Amounts payable after more than one year | 17 | €15,552 | - | -€15,552 | |
| Financial debts | 170/4 | €15,552 | - | -€15,552 | |
| Amounts payable within one year | 42/48 | €72,828 | €87,690 | +€14,863 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €11,642 | €15,552 | +€3,910 | +33.6% |
| Trade debts | 44 | €6,356 | €3,502 | -€2,854 | -44.9% |
| Suppliers | 440/4 | €6,356 | €3,502 | -€2,854 | -44.9% |
| Taxes, remuneration and social security | 45 | €29,681 | €41,377 | +€11,696 | +39.4% |
| Taxes | 450/3 | €27,014 | €38,710 | +€11,696 | +43.3% |
| Remuneration and social security | 454/9 | €2,667 | €2,667 | = | 0.0% |
| Other amounts payable | 47/48 | €25,149 | €27,259 | +€2,110 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,594 | €15,294 | -€300 | -1.9% |
| Other operating charges | 640/8 | €99 | €501 | +€403 | +409% |
| Gross operating margin | 9900 | €72,998 | €105,303 | +€32,305 | +44.3% |
| Operating profit (loss) | 9901 | €57,305 | €89,508 | +€32,202 | +56.2% |
| Financial charges | 65/66B | €2,596 | €1,759 | -€837 | -32.2% |
| Recurring financial charges | 65 | €2,596 | €1,759 | -€837 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €54,709 | €87,748 | +€33,040 | +60.4% |
| Income taxes | 67/77 | €12,000 | €21,444 | +€9,444 | +78.7% |
| Profit (loss) for the period | 9904 | €42,709 | €66,305 | +€23,596 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,709 | €66,305 | +€23,596 | +55.2% |
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 16 October 2026 via checked.be.