COMPUTER 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.
COMPUTER SOLUTION
Largest movements
- Tangible fixed assets +€101,978
up €101,978 (+54.0%), from €188,691 to €290,669
of which Furniture and vehicles: +€111,482
- Cash -€53,160
down €53,160 (-50.9%), from €104,379 to €51,219
mainly Investment in fixed assets (net) (-€127,189) and Receivables within one year (-€38,871)
- Receivables within one year +€38,871
up €38,871 (+247.6%), from €15,696 to €54,567
of which Trade receivables: +€29,521
- Reserves +€51,866
up €51,866 (+21.3%), from €244,068 to €295,933
- Trade debts +€25,354
up €25,354 (+1236.5%), from €2,050 to €27,405
- Debts after one year +€8,644
up €8,644 (+30.6%), from €28,274 to €36,918
- Other debts -€7,271
down €7,271 (-100.0%), from €7,271 to €0
- Gross operating margin +€45,664
up €45,664 (+73.6%), from €62,074 to €107,738
- Depreciation +€12,957
up €12,957 (+105.7%), from €12,254 to €25,211
- Taxes +€9,086
up €9,086 (+73.2%), from €12,412 to €21,498
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 | €324,544 | €410,310 | +€85,766 | +26.4% |
| Fixed assets | 21/28 | €188,691 | €290,669 | +€101,978 | +54.0% |
| Tangible fixed assets | 22/27 | €188,691 | €290,669 | +€101,978 | +54.0% |
| Land and buildings | 22 | €174,335 | €166,542 | -€7,793 | -4.5% |
| Plant, machinery and equipment | 23 | €2,004 | €1,613 | -€392 | -19.5% |
| Furniture and vehicles | 24 | €7,750 | €119,233 | +€111,482 | +1438.4% |
| Other tangible fixed assets | 26 | €4,602 | €3,282 | -€1,319 | -28.7% |
| Current assets | 29/58 | €135,853 | €119,641 | -€16,212 | -11.9% |
| Stocks and contracts in progress | 3 | €157 | €1,084 | +€927 | +590.7% |
| Stocks | 30/36 | €157 | €1,084 | +€927 | +590.7% |
| Amounts receivable within one year | 40/41 | €15,696 | €54,567 | +€38,871 | +247.6% |
| Trade receivables | 40 | €15,495 | €45,016 | +€29,521 | +190.5% |
| Other amounts receivable | 41 | €201 | €9,551 | +€9,350 | +4643.5% |
| Cash at bank and in hand | 54/58 | €104,379 | €51,219 | -€53,160 | -50.9% |
| Deferred charges and accrued income | 490/1 | €15,621 | €12,771 | -€2,850 | -18.2% |
| Total equity and liabilities | 10/49 | €324,544 | €410,310 | +€85,766 | +26.4% |
| Equity | 10/15 | €256,668 | €308,533 | +€51,866 | +20.2% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €244,068 | €295,933 | +€51,866 | +21.3% |
| Distributable reserves | 133 | €244,068 | €295,933 | +€51,866 | +21.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €67,876 | €101,776 | +€33,900 | +49.9% |
| Amounts payable after more than one year | 17 | €28,274 | €36,918 | +€8,644 | +30.6% |
| Financial debts | 170/4 | €28,274 | €36,918 | +€8,644 | +30.6% |
| Amounts payable within one year | 42/48 | €39,476 | €64,786 | +€25,309 | +64.1% |
| Current portion of amounts payable after more than one year | 42 | €23,944 | €27,431 | +€3,487 | +14.6% |
| Financial debts | 43 | €63 | €0 | -€63 | -100.0% |
| Credit institutions | 430/8 | €63 | - | -€63 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €2,050 | €27,405 | +€25,354 | +1236.5% |
| Suppliers | 440/4 | €2,050 | €27,405 | +€25,354 | +1236.5% |
| Taxes, remuneration and social security | 45 | €6,148 | €9,950 | +€3,802 | +61.8% |
| Taxes | 450/3 | €6,148 | €9,950 | +€3,802 | +61.8% |
| Other amounts payable | 47/48 | €7,271 | €0 | -€7,271 | -100.0% |
| Accrued charges and deferred income | 492/3 | €126 | €73 | -€53 | -42.0% |
| Non-recurring operating income | 76A | - | €49,477 | +€49,477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,254 | €25,211 | +€12,957 | +105.7% |
| Other operating charges | 640/8 | €1,050 | €1,358 | +€308 | +29.4% |
| Non-recurring operating charges | 66A | €0 | €352 | +€352 | |
| Gross operating margin | 9900 | €62,074 | €107,738 | +€45,664 | +73.6% |
| Operating profit (loss) | 9901 | €48,771 | €80,817 | +€32,046 | +65.7% |
| Financial income | 75/76B | €724 | €463 | -€261 | -36.1% |
| Recurring financial income | 75 | €724 | €463 | -€261 | -36.1% |
| Financial charges | 65/66B | €8,509 | €7,916 | -€593 | -7.0% |
| Recurring financial charges | 65 | €8,509 | €7,916 | -€593 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €40,986 | €73,364 | +€32,378 | +79.0% |
| Income taxes | 67/77 | €12,412 | €21,498 | +€9,086 | +73.2% |
| Profit (loss) for the period | 9904 | €28,573 | €51,866 | +€23,292 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,573 | €51,866 | +€23,292 | +81.5% |
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 12 October 2026 via checked.be.