COURANT & SOLUTIONS: 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.
COURANT & SOLUTIONS
Largest movements
- Cash +€89,512
up €89,512 (+1,071%), from €8,357 to €97,869
mainly Depreciation (+€48,278) and Receivables within one year (+€45,590)
- Receivables within one year -€45,590
down €45,590 (-33.2%), from €137,155 to €91,565
of which Trade receivables: -€40,444
- Tangible fixed assets -€44,420
down €44,420 (-35.2%), from €126,234 to €81,814
of which Furniture and vehicles: -€42,979
- Stocks and contracts +€13,800
up €13,800 (+460%), from €3,000 to €16,800
- Reserves +€39,200
new in 2025: €39,200
- Profit (loss) carried forward -€20,998
down €20,998 (-16.7%), from €125,679 to €104,681
- Staff costs +€100,474
up €100,474 (+42.0%), from €239,217 to €339,691
- Taxes -€23,002
down €23,002 (-48.9%), from €47,004 to €24,002
- Depreciation +€11,543
up €11,543 (+31.4%), from €36,735 to €48,278
- Gross operating margin +€11,504
up €11,504 (+2.6%), from €441,518 to €453,022
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 | €277,333 | €292,413 | +€15,080 | +5.4% |
| Fixed assets | 21/28 | €126,803 | €82,383 | -€44,420 | -35.0% |
| Tangible fixed assets | 22/27 | €126,234 | €81,814 | -€44,420 | -35.2% |
| Plant, machinery and equipment | 23 | €10,245 | €8,805 | -€1,440 | -14.1% |
| Furniture and vehicles | 24 | €115,989 | €73,010 | -€42,979 | -37.1% |
| Financial fixed assets | 28 | €569 | €569 | -€0 | 0.0% |
| Current assets | 29/58 | €150,530 | €210,030 | +€59,500 | +39.5% |
| Stocks and contracts in progress | 3 | €3,000 | €16,800 | +€13,800 | +460% |
| Stocks | 30/36 | €3,000 | €16,800 | +€13,800 | +460% |
| Amounts receivable within one year | 40/41 | €137,155 | €91,565 | -€45,590 | -33.2% |
| Trade receivables | 40 | €121,246 | €80,802 | -€40,444 | -33.4% |
| Other amounts receivable | 41 | €15,909 | €10,763 | -€5,146 | -32.3% |
| Cash at bank and in hand | 54/58 | €8,357 | €97,869 | +€89,512 | +1,071% |
| Deferred charges and accrued income | 490/1 | €2,018 | €3,796 | +€1,778 | +88.1% |
| Total equity and liabilities | 10/49 | €277,333 | €292,413 | +€15,080 | +5.4% |
| Equity | 10/15 | €146,139 | €164,341 | +€18,202 | +12.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | - | €39,200 | +€39,200 | |
| Distributable reserves | 133 | - | €39,200 | +€39,200 | |
| Profit (loss) carried forward | 14 | €125,679 | €104,681 | -€20,998 | -16.7% |
| Amounts payable | 17/49 | €131,194 | €128,071 | -€3,123 | -2.4% |
| Amounts payable within one year | 42/48 | €131,194 | €128,071 | -€3,123 | -2.4% |
| Trade debts | 44 | €36,620 | €35,021 | -€1,599 | -4.4% |
| Suppliers | 440/4 | €36,620 | €35,021 | -€1,599 | -4.4% |
| Taxes, remuneration and social security | 45 | €94,574 | €93,050 | -€1,524 | -1.6% |
| Taxes | 450/3 | €74,575 | €71,006 | -€3,569 | -4.8% |
| Remuneration and social security | 454/9 | €19,999 | €22,044 | +€2,045 | +10.2% |
| Remuneration, social security and pensions | 62 | €239,217 | €339,691 | +€100,474 | +42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,735 | €48,278 | +€11,543 | +31.4% |
| Other operating charges | 640/8 | €4,233 | €2,504 | -€1,729 | -40.9% |
| Gross operating margin | 9900 | €441,518 | €453,022 | +€11,504 | +2.6% |
| Operating profit (loss) | 9901 | €161,333 | €62,549 | -€98,784 | -61.2% |
| Financial income | 75/76B | €1 | €5 | +€4 | +428% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +428% |
| Financial charges | 65/66B | €3,383 | €3,208 | -€175 | -5.2% |
| Recurring financial charges | 65 | €3,383 | €3,208 | -€175 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €157,951 | €59,347 | -€98,604 | -62.4% |
| Income taxes | 67/77 | €47,004 | €24,002 | -€23,002 | -48.9% |
| Profit (loss) for the period | 9904 | €110,947 | €35,345 | -€75,602 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,947 | €35,345 | -€75,602 | -68.1% |
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 15 October 2026 via checked.be.