Cover Two 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.
Cover Two Solutions
Largest movements
- Cash +€5,048
up €5,048 (+147.7%), from €3,417 to €8,465
mainly Other debts (+€4,066) and Tax, wage and social debts (+€1,819)
- Receivables within one year -€1,132
down €1,132 (-14.1%), from €8,032 to €6,900
of which Other amounts receivable: -€5,708
- Tangible fixed assets +€1,022
up €1,022 (+89.2%), from €1,145 to €2,167
- Deferred charges and accrued income -€387
down €387 (-58.5%), from €662 to €274
- Other debts +€4,066
new in 2025: €4,066
- Profit (loss) carried forward -€2,792
down €2,792 (-42.7%), from €6,543 to €3,751
- Tax, wage and social debts +€1,819
up €1,819 (+73.5%), from €2,473 to €4,293
- Trade debts +€1,456
up €1,456 (+117.5%), from €1,240 to €2,696
- Gross operating margin -€13,229
down €13,229, from €12,898 to -€331
- Taxes -€2,095
down €2,095 (-93.9%), from €2,231 to €136
- Financial charges -€386
down €386 (-18.1%), from €2,129 to €1,742
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 | €13,256 | €17,806 | +€4,550 | +34.3% |
| Fixed assets | 21/28 | €1,145 | €2,167 | +€1,022 | +89.2% |
| Tangible fixed assets | 22/27 | €1,145 | €2,167 | +€1,022 | +89.2% |
| Plant, machinery and equipment | 23 | €1,145 | €2,167 | +€1,022 | +89.2% |
| Current assets | 29/58 | €12,111 | €15,639 | +€3,528 | +29.1% |
| Amounts receivable within one year | 40/41 | €8,032 | €6,900 | -€1,132 | -14.1% |
| Trade receivables | 40 | €2,325 | €6,900 | +€4,576 | +196.8% |
| Other amounts receivable | 41 | €5,708 | - | -€5,708 | |
| Cash at bank and in hand | 54/58 | €3,417 | €8,465 | +€5,048 | +147.7% |
| Deferred charges and accrued income | 490/1 | €662 | €274 | -€387 | -58.5% |
| Total equity and liabilities | 10/49 | €13,256 | €17,806 | +€4,550 | +34.3% |
| Equity | 10/15 | €9,543 | €6,751 | -€2,792 | -29.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,543 | €3,751 | -€2,792 | -42.7% |
| Amounts payable | 17/49 | €3,714 | €11,056 | +€7,342 | +197.7% |
| Amounts payable within one year | 42/48 | €3,714 | €11,056 | +€7,342 | +197.7% |
| Trade debts | 44 | €1,240 | €2,696 | +€1,456 | +117.5% |
| Suppliers | 440/4 | €1,240 | €2,696 | +€1,456 | +117.5% |
| Taxes, remuneration and social security | 45 | €2,473 | €4,293 | +€1,819 | +73.5% |
| Taxes | 450/3 | €2,473 | €4,293 | +€1,819 | +73.5% |
| Other amounts payable | 47/48 | - | €4,066 | +€4,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592 | €465 | -€127 | -21.5% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €12,898 | -€331 | -€13,229 | |
| Operating profit (loss) | 9901 | €12,188 | -€916 | -€13,104 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,129 | €1,742 | -€386 | -18.1% |
| Recurring financial charges | 65 | €2,129 | €1,742 | -€386 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €10,059 | -€2,656 | -€12,716 | |
| Income taxes | 67/77 | €2,231 | €136 | -€2,095 | -93.9% |
| Profit (loss) for the period | 9904 | €7,829 | -€2,792 | -€10,621 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,829 | -€2,792 | -€10,621 |
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.