CUTESOLUTIONS: 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.
CUTESOLUTIONS
Largest movements
- Cash -€115,181
down €115,181 (-39.3%), from €293,355 to €178,174
mainly Net result for the year (-€78,365) and Receivables within one year (-€73,013)
- Receivables within one year +€73,013
up €73,013 (+37.0%), from €197,170 to €270,183
of which Trade receivables: +€65,097
- Tangible fixed assets -€29,820
down €29,820 (-20.8%), from €143,028 to €113,209
of which Furniture and vehicles: -€15,473
- Intangible fixed assets -€22,966
down €22,966 (-28.7%), from €79,999 to €57,033
- Profit (loss) carried forward -€78,365
down €78,365 (-97.1%), from €80,723 to €2,358
- Reserves -€56,443
down €56,443 (-46.4%), from €121,630 to €65,186
- Other debts +€56,443
new in 2025: €56,443
- Debts after one year -€13,854
down €13,854 (-30.2%), from €45,900 to €32,046
- Gross operating margin -€111,216
down €111,216 (-57.0%), from €195,047 to €83,831
- Staff costs -€41,333
down €41,333 (-31.6%), from €130,728 to €89,395
- Financial charges -€34,940
down €34,940 (-90.3%), from €38,711 to €3,771
- Other operating charges +€10,043
up €10,043 (+624.0%), from €1,609 to €11,653
- Taxes -€5,422
no longer reported in 2025 (was €5,422)
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 | €719,712 | €624,357 | -€95,354 | -13.2% |
| Fixed assets | 21/28 | €228,787 | €176,001 | -€52,786 | -23.1% |
| Intangible fixed assets | 21 | €79,999 | €57,033 | -€22,966 | -28.7% |
| Tangible fixed assets | 22/27 | €143,028 | €113,209 | -€29,820 | -20.8% |
| Plant, machinery and equipment | 23 | €32,032 | €24,016 | -€8,016 | -25.0% |
| Furniture and vehicles | 24 | €64,826 | €49,353 | -€15,473 | -23.9% |
| Other tangible fixed assets | 26 | €46,170 | €39,839 | -€6,331 | -13.7% |
| Financial fixed assets | 28 | €5,760 | €5,760 | = | 0.0% |
| Current assets | 29/58 | €490,925 | €448,356 | -€42,568 | -8.7% |
| Amounts receivable within one year | 40/41 | €197,170 | €270,183 | +€73,013 | +37.0% |
| Trade receivables | 40 | €142,154 | €207,252 | +€65,097 | +45.8% |
| Other amounts receivable | 41 | €55,016 | €62,931 | +€7,915 | +14.4% |
| Cash at bank and in hand | 54/58 | €293,355 | €178,174 | -€115,181 | -39.3% |
| Deferred charges and accrued income | 490/1 | €400 | - | -€400 | |
| Total equity and liabilities | 10/49 | €719,712 | €624,357 | -€95,354 | -13.2% |
| Equity | 10/15 | €208,553 | €73,744 | -€134,809 | -64.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €121,630 | €65,186 | -€56,443 | -46.4% |
| Distributable reserves | 133 | €121,630 | €65,186 | -€56,443 | -46.4% |
| Profit (loss) carried forward | 14 | €80,723 | €2,358 | -€78,365 | -97.1% |
| Amounts payable | 17/49 | €511,159 | €550,613 | +€39,454 | +7.7% |
| Amounts payable after more than one year | 17 | €45,900 | €32,046 | -€13,854 | -30.2% |
| Financial debts | 170/4 | €45,900 | €32,046 | -€13,854 | -30.2% |
| Amounts payable within one year | 42/48 | €465,259 | €518,568 | +€53,309 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €13,296 | €13,854 | +€558 | +4.2% |
| Trade debts | 44 | €451,290 | €448,139 | -€3,151 | -0.7% |
| Suppliers | 440/4 | €451,290 | €448,139 | -€3,151 | -0.7% |
| Taxes, remuneration and social security | 45 | €673 | €131 | -€542 | -80.6% |
| Taxes | 450/3 | €673 | €131 | -€542 | -80.6% |
| Other amounts payable | 47/48 | - | €56,443 | +€56,443 | |
| Non-recurring operating income | 76A | €4,166 | - | -€4,166 | |
| Remuneration, social security and pensions | 62 | €130,728 | €89,395 | -€41,333 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,686 | €57,451 | +€4,765 | +9.0% |
| Other operating charges | 640/8 | €1,609 | €11,653 | +€10,043 | +624.0% |
| Gross operating margin | 9900 | €195,047 | €83,831 | -€111,216 | -57.0% |
| Operating profit (loss) | 9901 | €10,024 | -€74,668 | -€84,691 | |
| Financial income | 75/76B | €32 | €74 | +€42 | +129.9% |
| Recurring financial income | 75 | €32 | €74 | +€42 | +129.9% |
| Financial charges | 65/66B | €38,711 | €3,771 | -€34,940 | -90.3% |
| Recurring financial charges | 65 | €38,711 | €3,771 | -€34,940 | -90.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,655 | -€78,365 | -€49,710 | -173.5% |
| Income taxes | 67/77 | €5,422 | - | -€5,422 | |
| Profit (loss) for the period | 9904 | -€34,078 | -€78,365 | -€44,287 | -130.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,078 | -€78,365 | -€44,287 | -130.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.