BE-SOLVED: 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-SOLVED
Largest movements
- Tangible fixed assets -€8,442
down €8,442 (-26.1%), from €32,302 to €23,860
- Receivables within one year -€4,093
down €4,093 (-18.6%), from €21,990 to €17,897
of which Other amounts receivable: -€2,649
- Cash +€1,411
up €1,411 (+1.7%), from €82,662 to €84,073
mainly Depreciation (+€9,725) and Net result for the year (+€5,431)
- Tax, wage and social debts -€8,204
down €8,204 (-74.3%), from €11,046 to €2,842
- Reserves -€4,569
down €4,569 (-4.6%), from €99,699 to €95,130
of which Distributable reserves: -€4,569
- Other debts +€2,303
up €2,303 (+166.0%), from €1,387 to €3,690
- Gross operating margin +€8,739
up €8,739 (+75.4%), from €11,587 to €20,326
- Taxes +€1,956
up €1,956 (+387.9%), from €504 to €2,461
- Depreciation -€1,086
down €1,086 (-10.0%), from €10,811 to €9,725
- Financial charges +€847
up €847 (+24.0%), from €3,533 to €4,381
- Other operating charges +€760
up €760 (+6611.1%), from €12 to €772
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 | €139,637 | €129,753 | -€9,885 | -7.1% |
| Fixed assets | 21/28 | €32,892 | €24,450 | -€8,442 | -25.7% |
| Tangible fixed assets | 22/27 | €32,302 | €23,860 | -€8,442 | -26.1% |
| Plant, machinery and equipment | 23 | €15,477 | €11,344 | -€4,133 | -26.7% |
| Furniture and vehicles | 24 | €6,470 | €4,715 | -€1,755 | -27.1% |
| Other tangible fixed assets | 26 | €10,355 | €7,801 | -€2,554 | -24.7% |
| Financial fixed assets | 28 | €590 | €590 | = | 0.0% |
| Current assets | 29/58 | €106,746 | €105,303 | -€1,442 | -1.4% |
| Amounts receivable within one year | 40/41 | €21,990 | €17,897 | -€4,093 | -18.6% |
| Trade receivables | 40 | €11,791 | €10,347 | -€1,445 | -12.3% |
| Other amounts receivable | 41 | €10,199 | €7,551 | -€2,649 | -26.0% |
| Cash at bank and in hand | 54/58 | €82,662 | €84,073 | +€1,411 | +1.7% |
| Deferred charges and accrued income | 490/1 | €2,093 | €3,333 | +€1,240 | +59.2% |
| Total equity and liabilities | 10/49 | €139,637 | €129,753 | -€9,885 | -7.1% |
| Equity | 10/15 | €118,299 | €113,730 | -€4,569 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,699 | €95,130 | -€4,569 | -4.6% |
| Tax-exempt reserves | 132 | €7,036 | €7,036 | = | 0.0% |
| Distributable reserves | 133 | €92,663 | €88,094 | -€4,569 | -4.9% |
| Amounts payable | 17/49 | €21,339 | €16,023 | -€5,316 | -24.9% |
| Amounts payable within one year | 42/48 | €21,339 | €16,023 | -€5,316 | -24.9% |
| Trade debts | 44 | €8,906 | €9,492 | +€586 | +6.6% |
| Suppliers | 440/4 | €8,906 | €9,492 | +€586 | +6.6% |
| Taxes, remuneration and social security | 45 | €11,046 | €2,842 | -€8,204 | -74.3% |
| Taxes | 450/3 | €11,046 | €2,842 | -€8,204 | -74.3% |
| Other amounts payable | 47/48 | €1,387 | €3,690 | +€2,303 | +166.0% |
| Non-recurring operating income | 76A | €24,059 | €384 | -€23,675 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,811 | €9,725 | -€1,086 | -10.0% |
| Other operating charges | 640/8 | €12 | €772 | +€760 | +6611.1% |
| Gross operating margin | 9900 | €11,587 | €20,326 | +€8,739 | +75.4% |
| Operating profit (loss) | 9901 | €765 | €9,830 | +€9,065 | +1184.4% |
| Financial income | 75/76B | €1,820 | €2,443 | +€623 | +34.2% |
| Recurring financial income | 75 | €1,820 | €2,443 | +€623 | +34.2% |
| Financial charges | 65/66B | €3,533 | €4,381 | +€847 | +24.0% |
| Recurring financial charges | 65 | €3,533 | €4,381 | +€847 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | -€948 | €7,892 | +€8,840 | |
| Income taxes | 67/77 | €504 | €2,461 | +€1,956 | +387.9% |
| Profit (loss) for the period | 9904 | -€1,453 | €5,431 | +€6,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,453 | €5,431 | +€6,884 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.