BE SOLUTION: 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.
BE SOLUTION
Largest movements
- Tangible fixed assets +€185,586
up €185,586 (+415%), from €44,763 to €230,349
of which Other tangible fixed assets: +€131,390
- Receivables within one year -€19,180
down €19,180 (-42.0%), from €45,704 to €26,524
of which Trade receivables: -€31,432
- Cash +€13,761
up €13,761 (+9.1%), from €151,987 to €165,748
mainly Trade debts (+€96,812) and Debts after one year (+€72,083)
- Stocks and contracts +€11,334
up €11,334 (+28.2%), from €40,244 to €51,579
- Trade debts +€96,812
up €96,812 (+1,044%), from €9,273 to €106,086
- Debts after one year +€72,083
new in 2025: €72,083
- Current portion of long-term debt +€16,723
new in 2025: €16,723
- Profit (loss) carried forward +€8,504
up €8,504 (+17.0%), from €50,000 to €58,504
- Staff costs +€33,011
up €33,011 (+65.3%), from €50,536 to €83,547
- Gross operating margin -€25,483
down €25,483 (-14.1%), from €180,736 to €155,253
- Taxes -€15,733
down €15,733 (-60.0%), from €26,209 to €10,475
- Depreciation +€15,727
up €15,727 (+84.1%), from €18,707 to €34,433
- Other operating charges +€6,020
up €6,020 (+108%), from €5,578 to €11,598
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 | €296,334 | €487,212 | +€190,879 | +64.4% |
| Fixed assets | 21/28 | €55,135 | €239,471 | +€184,336 | +334% |
| Intangible fixed assets | 21 | €4,063 | €2,813 | -€1,250 | -30.8% |
| Tangible fixed assets | 22/27 | €44,763 | €230,349 | +€185,586 | +415% |
| Plant, machinery and equipment | 23 | - | €3,234 | +€3,234 | |
| Furniture and vehicles | 24 | €43,394 | €94,356 | +€50,962 | +117% |
| Other tangible fixed assets | 26 | €1,369 | €132,759 | +€131,390 | +9,595% |
| Financial fixed assets | 28 | €6,310 | €6,310 | = | 0.0% |
| Current assets | 29/58 | €241,198 | €247,741 | +€6,543 | +2.7% |
| Stocks and contracts in progress | 3 | €40,244 | €51,579 | +€11,334 | +28.2% |
| Stocks | 30/36 | €40,244 | €51,579 | +€11,334 | +28.2% |
| Amounts receivable within one year | 40/41 | €45,704 | €26,524 | -€19,180 | -42.0% |
| Trade receivables | 40 | €43,275 | €11,844 | -€31,432 | -72.6% |
| Other amounts receivable | 41 | €2,428 | €14,680 | +€12,252 | +504% |
| Cash at bank and in hand | 54/58 | €151,987 | €165,748 | +€13,761 | +9.1% |
| Deferred charges and accrued income | 490/1 | €3,263 | €3,891 | +€628 | +19.2% |
| Total equity and liabilities | 10/49 | €296,334 | €487,212 | +€190,879 | +64.4% |
| Equity | 10/15 | €186,673 | €195,177 | +€8,504 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,073 | €118,073 | = | 0.0% |
| 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 | €116,213 | €116,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,000 | €58,504 | +€8,504 | +17.0% |
| Amounts payable | 17/49 | €109,660 | €292,035 | +€182,375 | +166% |
| Amounts payable after more than one year | 17 | - | €72,083 | +€72,083 | |
| Financial debts | 170/4 | - | €72,083 | +€72,083 | |
| Amounts payable within one year | 42/48 | €108,549 | €219,644 | +€111,095 | +102% |
| Current portion of amounts payable after more than one year | 42 | - | €16,723 | +€16,723 | |
| Trade debts | 44 | €9,273 | €106,086 | +€96,812 | +1,044% |
| Suppliers | 440/4 | €9,273 | €106,086 | +€96,812 | +1,044% |
| Advances received on contracts in progress | 46 | €48,940 | €48,660 | -€280 | -0.6% |
| Taxes, remuneration and social security | 45 | €33,319 | €32,050 | -€1,269 | -3.8% |
| Taxes | 450/3 | €22,187 | €14,937 | -€7,250 | -32.7% |
| Remuneration and social security | 454/9 | €11,132 | €17,113 | +€5,981 | +53.7% |
| Other amounts payable | 47/48 | €17,017 | €16,125 | -€892 | -5.2% |
| Accrued charges and deferred income | 492/3 | €1,111 | €308 | -€803 | -72.2% |
| Remuneration, social security and pensions | 62 | €50,536 | €83,547 | +€33,011 | +65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,707 | €34,433 | +€15,727 | +84.1% |
| Other operating charges | 640/8 | €5,578 | €11,598 | +€6,020 | +108% |
| Gross operating margin | 9900 | €180,736 | €155,253 | -€25,483 | -14.1% |
| Operating profit (loss) | 9901 | €105,915 | €25,675 | -€80,240 | -75.8% |
| Financial income | 75/76B | - | €1,789 | +€1,789 | |
| Recurring financial income | 75 | - | €1,789 | +€1,789 | |
| Financial charges | 65/66B | €6,339 | €8,484 | +€2,145 | +33.8% |
| Recurring financial charges | 65 | €6,339 | €8,484 | +€2,145 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €99,576 | €18,980 | -€80,597 | -80.9% |
| Income taxes | 67/77 | €26,209 | €10,475 | -€15,733 | -60.0% |
| Profit (loss) for the period | 9904 | €73,368 | €8,504 | -€64,863 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,368 | €8,504 | -€64,863 | -88.4% |
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 14 October 2026 via checked.be.