DEDICATED SOLUTIONS: 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.
DEDICATED SOLUTIONS
Largest movements
- Receivables within one year +€122,277
up €122,277 (+339.5%), from €36,012 to €158,289
of which Other amounts receivable: +€124,088
- Cash -€49,365
down €49,365 (-46.7%), from €105,644 to €56,279
mainly Receivables within one year (-€122,277) and Contributions, distributions and other (-€25,728)
- Tangible fixed assets -€4,407
down €4,407 (-3.9%), from €111,873 to €107,466
of which Furniture and vehicles: -€3,226
- Reserves +€46,197
up €46,197 (+19.5%), from €236,396 to €282,594
- Trade debts +€19,095
up €19,095 (+2548.9%), from €749 to €19,845
- Tax, wage and social debts +€5,039
up €5,039 (+28.4%), from €17,730 to €22,769
- Gross operating margin +€22,267
up €22,267 (+23.5%), from €94,933 to €117,200
- Taxes +€6,339
up €6,339 (+27.9%), from €22,691 to €29,029
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 | €303,795 | €371,316 | +€67,521 | +22.2% |
| Fixed assets | 21/28 | €112,587 | €107,825 | -€4,762 | -4.2% |
| Intangible fixed assets | 21 | €499 | €359 | -€140 | -28.0% |
| Tangible fixed assets | 22/27 | €111,873 | €107,466 | -€4,407 | -3.9% |
| Land and buildings | 22 | €89,392 | €91,362 | +€1,969 | +2.2% |
| Plant, machinery and equipment | 23 | €8,478 | €5,755 | -€2,722 | -32.1% |
| Furniture and vehicles | 24 | €11,178 | €7,952 | -€3,226 | -28.9% |
| Other tangible fixed assets | 26 | €2,826 | €2,397 | -€429 | -15.2% |
| Financial fixed assets | 28 | €215 | - | -€215 | |
| Current assets | 29/58 | €191,208 | €263,491 | +€72,283 | +37.8% |
| Amounts receivable within one year | 40/41 | €36,012 | €158,289 | +€122,277 | +339.5% |
| Trade receivables | 40 | €35,939 | €34,128 | -€1,811 | -5.0% |
| Other amounts receivable | 41 | €74 | €124,162 | +€124,088 | +168827.6% |
| Current investments | 50/53 | €49,491 | €48,573 | -€918 | -1.9% |
| Cash at bank and in hand | 54/58 | €105,644 | €56,279 | -€49,365 | -46.7% |
| Deferred charges and accrued income | 490/1 | €61 | €350 | +€289 | +474.4% |
| Total equity and liabilities | 10/49 | €303,795 | €371,316 | +€67,521 | +22.2% |
| Equity | 10/15 | €282,505 | €328,702 | +€46,197 | +16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,396 | €282,594 | +€46,197 | +19.5% |
| Distributable reserves | 133 | €236,396 | €282,594 | +€46,197 | +19.5% |
| Profit (loss) carried forward | 14 | €27,509 | €27,509 | = | 0.0% |
| Amounts payable | 17/49 | €21,290 | €42,614 | +€21,324 | +100.2% |
| Amounts payable within one year | 42/48 | €21,139 | €42,614 | +€21,475 | +101.6% |
| Trade debts | 44 | €749 | €19,845 | +€19,095 | +2548.9% |
| Suppliers | 440/4 | €749 | €19,845 | +€19,095 | +2548.9% |
| Taxes, remuneration and social security | 45 | €17,730 | €22,769 | +€5,039 | +28.4% |
| Taxes | 450/3 | €17,730 | €22,769 | +€5,039 | +28.4% |
| Other amounts payable | 47/48 | €2,660 | - | -€2,660 | |
| Accrued charges and deferred income | 492/3 | €151 | - | -€151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,215 | €14,224 | +€1,009 | +7.6% |
| Other operating charges | 640/8 | €1,271 | €1,640 | +€369 | +29.0% |
| Gross operating margin | 9900 | €94,933 | €117,200 | +€22,267 | +23.5% |
| Operating profit (loss) | 9901 | €80,447 | €101,336 | +€20,890 | +26.0% |
| Financial income | 75/76B | €827 | €1,106 | +€279 | +33.7% |
| Recurring financial income | 75 | €827 | €1,106 | +€279 | +33.7% |
| Financial charges | 65/66B | €356 | €1,488 | +€1,132 | +317.9% |
| Recurring financial charges | 65 | €356 | €1,488 | +€1,132 | +317.9% |
| Profit (loss) for the period before taxes | 9903 | €80,918 | €100,954 | +€20,036 | +24.8% |
| Income taxes | 67/77 | €22,691 | €29,029 | +€6,339 | +27.9% |
| Profit (loss) for the period | 9904 | €58,227 | €71,925 | +€13,698 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,227 | €71,925 | +€13,698 | +23.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.