Checkout Solutions: 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.
Checkout Solutions
Largest movements
- Receivables within one year -€284,043
down €284,043 (-51.4%), from €552,950 to €268,907
of which Trade receivables: -€203,384
- Cash +€238,997
up €238,997 (+114.8%), from €208,259 to €447,257
mainly Receivables within one year (+€284,043) and Depreciation (+€91,639)
- Tangible fixed assets -€90,659
down €90,659 (-10.2%), from €888,881 to €798,222
of which Land and buildings: -€48,840
- Stocks and contracts -€46,472
down €46,472 (-14.3%), from €324,504 to €278,032
- Trade debts -€162,317
down €162,317 (-41.8%), from €388,601 to €226,284
- Debts after one year -€67,828
down €67,828 (-12.3%), from €553,025 to €485,198
- Profit (loss) carried forward +€40,555
up €40,555 (+25.3%), from €160,166 to €200,721
- Gross operating margin +€101,316
up €101,316 (+28.9%), from €350,799 to €452,115
- Financial charges +€43,848
up €43,848 (+87.9%), from €49,890 to €93,738
of which Financial charges: +€43,848
- Taxes +€8,528
up €8,528 (+52.2%), from €16,331 to €24,859
- Staff costs +€8,161
up €8,161 (+4.3%), from €191,603 to €199,764
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 | €2,021,086 | €1,819,120 | -€201,966 | -10.0% |
| Fixed assets | 21/28 | €918,956 | €808,297 | -€110,659 | -12.0% |
| Tangible fixed assets | 22/27 | €888,881 | €798,222 | -€90,659 | -10.2% |
| Land and buildings | 22 | €777,334 | €728,494 | -€48,840 | -6.3% |
| Plant, machinery and equipment | 23 | - | €956 | +€956 | |
| Furniture and vehicles | 24 | €43,582 | €15,952 | -€27,630 | -63.4% |
| Leasing and similar rights | 25 | €67,965 | €52,819 | -€15,145 | -22.3% |
| Financial fixed assets | 28 | €30,075 | €10,075 | -€20,000 | -66.5% |
| Current assets | 29/58 | €1,102,130 | €1,010,823 | -€91,307 | -8.3% |
| Stocks and contracts in progress | 3 | €324,504 | €278,032 | -€46,472 | -14.3% |
| Stocks | 30/36 | €324,504 | €278,032 | -€46,472 | -14.3% |
| Amounts receivable within one year | 40/41 | €552,950 | €268,907 | -€284,043 | -51.4% |
| Trade receivables | 40 | €460,603 | €257,219 | -€203,384 | -44.2% |
| Other amounts receivable | 41 | €92,347 | €11,688 | -€80,660 | -87.3% |
| Cash at bank and in hand | 54/58 | €208,259 | €447,257 | +€238,997 | +114.8% |
| Deferred charges and accrued income | 490/1 | €16,417 | €16,628 | +€211 | +1.3% |
| Total equity and liabilities | 10/49 | €2,021,086 | €1,819,120 | -€201,966 | -10.0% |
| Equity | 10/15 | €447,805 | €472,614 | +€24,810 | +5.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €5,708 | €5,708 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,708 | - | -€5,708 | |
| Reserves not available under the articles | 1311 | €5,708 | - | -€5,708 | |
| Distributable reserves | 133 | - | €5,708 | +€5,708 | |
| Profit (loss) carried forward | 14 | €160,166 | €200,721 | +€40,555 | +25.3% |
| Investment grants | 15 | €251,930 | €236,185 | -€15,746 | -6.3% |
| Amounts payable | 17/49 | €1,573,281 | €1,346,505 | -€226,776 | -14.4% |
| Amounts payable after more than one year | 17 | €553,025 | €485,198 | -€67,828 | -12.3% |
| Financial debts | 170/4 | €553,025 | €485,198 | -€67,828 | -12.3% |
| Amounts payable within one year | 42/48 | €1,020,256 | €853,059 | -€167,197 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €70,630 | €67,730 | -€2,900 | -4.1% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €388,601 | €226,284 | -€162,317 | -41.8% |
| Suppliers | 440/4 | €388,601 | €226,284 | -€162,317 | -41.8% |
| Taxes, remuneration and social security | 45 | €44,689 | €59,045 | +€14,357 | +32.1% |
| Taxes | 450/3 | €16,622 | €31,145 | +€14,523 | +87.4% |
| Remuneration and social security | 454/9 | €28,067 | €27,901 | -€166 | -0.6% |
| Other amounts payable | 47/48 | €16,336 | - | -€16,336 | |
| Accrued charges and deferred income | 492/3 | - | €8,249 | +€8,249 | |
| Remuneration, social security and pensions | 62 | €191,603 | €199,764 | +€8,161 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,085 | €91,639 | -€446 | -0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €821 | - | -€821 | |
| Other operating charges | 640/8 | €15,574 | €19,416 | +€3,842 | +24.7% |
| Gross operating margin | 9900 | €350,799 | €452,115 | +€101,316 | +28.9% |
| Operating profit (loss) | 9901 | €50,717 | €141,296 | +€90,580 | +178.6% |
| Financial income | 75/76B | €21,660 | €17,856 | -€3,804 | -17.6% |
| Recurring financial income | 75 | €21,660 | €17,856 | -€3,804 | -17.6% |
| Financial charges | 65/66B | €49,890 | €93,738 | +€43,848 | +87.9% |
| Recurring financial charges | 65 | €29,890 | €73,738 | +€43,848 | +146.7% |
| Non-recurring financial charges | 66B | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €22,487 | €65,414 | +€42,927 | +190.9% |
| Income taxes | 67/77 | €16,331 | €24,859 | +€8,528 | +52.2% |
| Profit (loss) for the period | 9904 | €6,156 | €40,555 | +€34,399 | +558.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,156 | €40,555 | +€34,399 | +558.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.