C:SOLUTIO: 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.
C:SOLUTIO
Largest movements
- Cash -€130,124
down €130,124 (-66.5%), from €195,784 to €65,659
mainly Contributions, distributions and other (-€460,000) and Tax, wage and social debts (-€18,117)
- Receivables within one year -€67,806
down €67,806 (-66.9%), from €101,321 to €33,515
of which Trade receivables: -€68,671
- Tangible fixed assets -€25,000
down €25,000 (-22.8%), from €109,597 to €84,597
of which Furniture and vehicles: -€24,751
- Reserves -€202,000
down €202,000 (-56.0%), from €361,000 to €159,000
- Tax, wage and social debts -€18,117
down €18,117 (-52.6%), from €34,417 to €16,300
- Gross operating margin -€123,827
down €123,827 (-25.0%), from €495,734 to €371,907
- Taxes -€27,997
down €27,997 (-24.3%), from €115,059 to €87,062
- Depreciation +€5,132
up €5,132 (+24.6%), from €20,825 to €25,956
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 | €406,702 | €184,553 | -€222,149 | -54.6% |
| Fixed assets | 21/28 | €109,597 | €84,597 | -€25,000 | -22.8% |
| Tangible fixed assets | 22/27 | €109,597 | €84,597 | -€25,000 | -22.8% |
| Plant, machinery and equipment | 23 | €511 | €457 | -€53 | -10.4% |
| Furniture and vehicles | 24 | €107,644 | €82,893 | -€24,751 | -23.0% |
| Other tangible fixed assets | 26 | €1,443 | €1,247 | -€196 | -13.6% |
| Current assets | 29/58 | €297,104 | €99,956 | -€197,149 | -66.4% |
| Amounts receivable within one year | 40/41 | €101,321 | €33,515 | -€67,806 | -66.9% |
| Trade receivables | 40 | €95,291 | €26,620 | -€68,671 | -72.1% |
| Other amounts receivable | 41 | €6,029 | €6,895 | +€866 | +14.4% |
| Cash at bank and in hand | 54/58 | €195,784 | €65,659 | -€130,124 | -66.5% |
| Deferred charges and accrued income | 490/1 | - | €781 | +€781 | |
| Total equity and liabilities | 10/49 | €406,702 | €184,553 | -€222,149 | -54.6% |
| Equity | 10/15 | €366,686 | €164,860 | -€201,825 | -55.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €361,000 | €159,000 | -€202,000 | -56.0% |
| Distributable reserves | 133 | €361,000 | €159,000 | -€202,000 | -56.0% |
| Profit (loss) carried forward | 14 | €686 | €860 | +€175 | +25.5% |
| Amounts payable | 17/49 | €40,016 | €19,693 | -€20,323 | -50.8% |
| Amounts payable within one year | 42/48 | €40,016 | €19,693 | -€20,323 | -50.8% |
| Trade debts | 44 | €172 | €81 | -€91 | -53.0% |
| Suppliers | 440/4 | €172 | €81 | -€91 | -53.0% |
| Taxes, remuneration and social security | 45 | €34,417 | €16,300 | -€18,117 | -52.6% |
| Taxes | 450/3 | €34,417 | €16,300 | -€18,117 | -52.6% |
| Other amounts payable | 47/48 | €5,428 | €3,312 | -€2,116 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,825 | €25,956 | +€5,132 | +24.6% |
| Other operating charges | 640/8 | €135 | €644 | +€509 | +375.8% |
| Gross operating margin | 9900 | €495,734 | €371,907 | -€123,827 | -25.0% |
| Operating profit (loss) | 9901 | €474,774 | €345,307 | -€129,467 | -27.3% |
| Financial charges | 65/66B | €74 | €70 | -€3 | -4.2% |
| Recurring financial charges | 65 | €74 | €70 | -€3 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €474,701 | €345,237 | -€129,464 | -27.3% |
| Income taxes | 67/77 | €115,059 | €87,062 | -€27,997 | -24.3% |
| Profit (loss) for the period | 9904 | €359,642 | €258,175 | -€101,467 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €359,642 | €258,175 | -€101,467 | -28.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.