CoreSolutions: 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.
CoreSolutions
Largest movements
- Cash +€41,145
up €41,145 (+16.7%), from €246,577 to €287,722
mainly Net result for the year (+€84,355) and Receivables within one year (+€30,873)
- Receivables within one year -€30,873
down €30,873 (-29.7%), from €104,031 to €73,158
of which Trade receivables: -€32,528
- Intangible fixed assets -€25,000
down €25,000 (-34.1%), from €73,396 to €48,396
- Reserves +€25,531
up €25,531 (+10.3%), from €248,925 to €274,456
- Debts after one year -€21,835
down €21,835 (-47.7%), from €45,734 to €23,899
- Tax, wage and social debts -€13,852
down €13,852 (-20.6%), from €67,168 to €53,316
of which Taxes: -€15,556
- Trade debts -€4,674
down €4,674 (-14.9%), from €31,299 to €26,625
- Gross operating margin +€22,725
up €22,725 (+10.6%), from €214,267 to €236,992
- Staff costs +€7,280
up €7,280 (+8.3%), from €87,880 to €95,160
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.
Derived cash bridge
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 | €434,350 | €420,225 | -€14,124 | -3.3% |
| Fixed assets | 21/28 | €78,009 | €53,095 | -€24,913 | -31.9% |
| Intangible fixed assets | 21 | €73,396 | €48,396 | -€25,000 | -34.1% |
| Tangible fixed assets | 22/27 | €2,002 | €2,089 | +€87 | +4.3% |
| Plant, machinery and equipment | 23 | €829 | €541 | -€288 | -34.7% |
| Furniture and vehicles | 24 | - | €578 | +€578 | |
| Other tangible fixed assets | 26 | €1,174 | €971 | -€203 | -17.3% |
| Financial fixed assets | 28 | €2,610 | €2,610 | = | 0.0% |
| Current assets | 29/58 | €356,341 | €367,130 | +€10,789 | +3.0% |
| Amounts receivable within one year | 40/41 | €104,031 | €73,158 | -€30,873 | -29.7% |
| Trade receivables | 40 | €104,031 | €71,503 | -€32,528 | -31.3% |
| Other amounts receivable | 41 | - | €1,655 | +€1,655 | |
| Cash at bank and in hand | 54/58 | €246,577 | €287,722 | +€41,145 | +16.7% |
| Deferred charges and accrued income | 490/1 | €5,732 | €6,249 | +€517 | +9.0% |
| Total equity and liabilities | 10/49 | €434,350 | €420,225 | -€14,124 | -3.3% |
| Equity | 10/15 | €267,525 | €293,056 | +€25,531 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €248,925 | €274,456 | +€25,531 | +10.3% |
| Distributable reserves | 133 | €248,925 | €274,456 | +€25,531 | +10.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €166,825 | €127,169 | -€39,656 | -23.8% |
| Amounts payable after more than one year | 17 | €45,734 | €23,899 | -€21,835 | -47.7% |
| Financial debts | 170/4 | €45,734 | €23,899 | -€21,835 | -47.7% |
| Amounts payable within one year | 42/48 | €120,087 | €101,776 | -€18,311 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €21,620 | €21,835 | +€215 | +1.0% |
| Trade debts | 44 | €31,299 | €26,625 | -€4,674 | -14.9% |
| Suppliers | 440/4 | €31,299 | €26,625 | -€4,674 | -14.9% |
| Taxes, remuneration and social security | 45 | €67,168 | €53,316 | -€13,852 | -20.6% |
| Taxes | 450/3 | €48,743 | €33,187 | -€15,556 | -31.9% |
| Remuneration and social security | 454/9 | €18,425 | €20,129 | +€1,704 | +9.2% |
| Accrued charges and deferred income | 492/3 | €1,004 | €1,494 | +€490 | +48.8% |
| Remuneration, social security and pensions | 62 | €87,880 | €95,160 | +€7,280 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,491 | €25,615 | +€124 | +0.5% |
| Other operating charges | 640/8 | €1,552 | €1,562 | +€10 | +0.7% |
| Gross operating margin | 9900 | €214,267 | €236,992 | +€22,725 | +10.6% |
| Operating profit (loss) | 9901 | €99,344 | €114,655 | +€15,311 | +15.4% |
| Financial income | 75/76B | €35 | €1,100 | +€1,065 | +3,041% |
| Recurring financial income | 75 | €35 | €1,100 | +€1,065 | +3,041% |
| Financial charges | 65/66B | €3,421 | €4,470 | +€1,049 | +30.7% |
| Recurring financial charges | 65 | €3,421 | €4,470 | +€1,049 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €95,958 | €111,285 | +€15,326 | +16.0% |
| Income taxes | 67/77 | €26,862 | €26,930 | +€67 | +0.3% |
| Profit (loss) for the period | 9904 | €69,096 | €84,355 | +€15,259 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,096 | €84,355 | +€15,259 | +22.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.