Belgium Solution Services: what changed
Two fiscal 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.
Belgium Solution Services
Largest movements
- Receivables within one year +€174,620
up €174,620 (+62.8%), from €278,242 to €452,862
of which Trade receivables: +€195,053
- Cash -€29,115
down €29,115 (-89.4%), from €32,580 to €3,465
mainly Receivables within one year (-€174,620) and Deferred charges and accrued income (-€14,032)
- Deferred charges and accrued income +€14,032
new in 2024: €14,032
- Tangible fixed assets -€10,983
down €10,983 (-32.7%), from €33,551 to €22,568
- Tax, wage and social debts +€95,957
up €95,957 (+190.5%), from €50,363 to €146,320
of which Remuneration and social security: +€64,191
- Trade debts +€40,647
up €40,647 (+17.3%), from €234,927 to €275,574
- Profit (loss) carried forward +€17,315
up €17,315 (+85.5%), from €20,262 to €37,578
- Debts after one year -€6,867
down €6,867 (-26.4%), from €26,048 to €19,182
- Turnover -€1.0m
no longer reported in 2024 (was €1.0m)
- Purchases and services -€757,359
no longer reported in 2024 (was €757,359)
- Staff costs +€109,670
up €109,670 (+56.9%), from €192,882 to €302,553
- Gross operating margin +€91,834
up €91,834 (+37.2%), from €246,629 to €338,464
- Taxes -€11,621
down €11,621 (-68.4%), from €16,996 to €5,376
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,374 | €492,928 | +€148,554 | +43.1% |
| Fixed assets | 21/28 | €33,551 | €22,568 | -€10,983 | -32.7% |
| Tangible fixed assets | 22/27 | €33,551 | €22,568 | -€10,983 | -32.7% |
| Leasing and similar rights | 25 | €33,551 | €22,568 | -€10,983 | -32.7% |
| Current assets | 29/58 | €310,823 | €470,360 | +€159,537 | +51.3% |
| Amounts receivable within one year | 40/41 | €278,242 | €452,862 | +€174,620 | +62.8% |
| Trade receivables | 40 | €133,396 | €328,449 | +€195,053 | +146.2% |
| Other amounts receivable | 41 | €144,846 | €124,413 | -€20,433 | -14.1% |
| Cash at bank and in hand | 54/58 | €32,580 | €3,465 | -€29,115 | -89.4% |
| Deferred charges and accrued income | 490/1 | - | €14,032 | +€14,032 | |
| Total equity and liabilities | 10/49 | €344,374 | €492,928 | +€148,554 | +43.1% |
| Equity | 10/15 | €31,262 | €48,578 | +€17,315 | +55.4% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,262 | €37,578 | +€17,315 | +85.5% |
| Amounts payable | 17/49 | €313,111 | €444,350 | +€131,239 | +41.9% |
| Amounts payable after more than one year | 17 | €26,048 | €19,182 | -€6,867 | -26.4% |
| Financial debts | 170/4 | €26,048 | €19,182 | -€6,867 | -26.4% |
| Amounts payable within one year | 42/48 | €287,063 | €425,169 | +€138,106 | +48.1% |
| Financial debts | 43 | €1,774 | €3,275 | +€1,501 | +84.6% |
| Credit institutions | 430/8 | €1,774 | €3,275 | +€1,501 | +84.6% |
| Trade debts | 44 | €234,927 | €275,574 | +€40,647 | +17.3% |
| Suppliers | 440/4 | €234,927 | €275,574 | +€40,647 | +17.3% |
| Taxes, remuneration and social security | 45 | €50,363 | €146,320 | +€95,957 | +190.5% |
| Taxes | 450/3 | €23,058 | €54,823 | +€31,766 | +137.8% |
| Remuneration and social security | 454/9 | €27,305 | €91,496 | +€64,191 | +235.1% |
| Turnover | 70 | €1,003,988 | - | -€1.0m | |
| Non-recurring operating income | 76A | - | €560 | +€560 | |
| Goods, raw materials, services and sundry goods | 60/61 | €757,359 | - | -€757,359 | |
| Remuneration, social security and pensions | 62 | €192,882 | €302,553 | +€109,670 | +56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,983 | €10,983 | = | 0.0% |
| Other operating charges | 640/8 | - | €847 | +€847 | |
| Non-recurring operating charges | 66A | €3,013 | €1,165 | -€1,847 | -61.3% |
| Gross operating margin | 9900 | €246,629 | €338,464 | +€91,834 | +37.2% |
| Operating profit (loss) | 9901 | €39,751 | €22,916 | -€16,835 | -42.4% |
| Financial income | 75/76B | €246 | €3,445 | +€3,199 | +1300.8% |
| Recurring financial income | 75 | €246 | €3,445 | +€3,199 | +1300.8% |
| Financial charges | 65/66B | €3,297 | €3,670 | +€373 | +11.3% |
| Recurring financial charges | 65 | €3,297 | €3,670 | +€373 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €36,700 | €22,691 | -€14,009 | -38.2% |
| Income taxes | 67/77 | €16,996 | €5,376 | -€11,621 | -68.4% |
| Profit (loss) for the period | 9904 | €19,704 | €17,315 | -€2,389 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,704 | €17,315 | -€2,389 | -12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.