ENTERPRISE 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.
ENTERPRISE SOLUTIONS
Largest movements
- Tangible fixed assets -€56,127
down €56,127 (-30.0%), from €186,886 to €130,759
- Receivables within one year +€24,745
up €24,745 (+12.1%), from €204,624 to €229,368
of which Other amounts receivable: +€33,252
- Deferred charges and accrued income -€22,650
down €22,650 (-72.7%), from €31,174 to €8,524
- Cash -€9,835
down €9,835 (-52.8%), from €18,610 to €8,775
mainly Current portion of long-term debt (-€53,846) and Debts after one year (-€40,255)
- Current investments -€7,318
down €7,318 (-51.8%), from €14,124 to €6,805
- Current portion of long-term debt -€53,846
down €53,846 (-54.8%), from €98,241 to €44,395
- Debts after one year -€40,255
down €40,255 (-66.1%), from €60,919 to €20,664
- Tax, wage and social debts +€27,002
up €27,002 (+214.8%), from €12,571 to €39,573
- Trade debts -€17,126
down €17,126 (-75.0%), from €22,849 to €5,723
- Reserves +€8,000
up €8,000 (+9.1%), from €88,361 to €96,361
of which Distributable reserves: +€8,000
- Gross operating margin -€48,385
down €48,385 (-29.4%), from €164,805 to €116,421
- Turnover -€25,591
down €25,591 (-8.7%), from €293,063 to €267,472
- Other operating charges -€18,298
down €18,298 (-80.7%), from €22,682 to €4,385
- Taxes +€12,240
up €12,240 (+82.8%), from €14,783 to €27,023
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 | €496,905 | €425,719 | -€71,185 | -14.3% |
| Fixed assets | 21/28 | €188,373 | €132,246 | -€56,127 | -29.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €186,886 | €130,759 | -€56,127 | -30.0% |
| Land and buildings | 22 | €35,451 | €28,459 | -€6,992 | -19.7% |
| Plant, machinery and equipment | 23 | €17,985 | €11,317 | -€6,668 | -37.1% |
| Furniture and vehicles | 24 | €66,606 | €50,260 | -€16,346 | -24.5% |
| Leasing and similar rights | 25 | €59,711 | €34,979 | -€24,732 | -41.4% |
| Other tangible fixed assets | 26 | €7,133 | €5,744 | -€1,388 | -19.5% |
| Financial fixed assets | 28 | €1,487 | €1,487 | = | 0.0% |
| Current assets | 29/58 | €308,532 | €293,473 | -€15,059 | -4.9% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €204,624 | €229,368 | +€24,745 | +12.1% |
| Trade receivables | 40 | €32,980 | €24,472 | -€8,508 | -25.8% |
| Other amounts receivable | 41 | €171,644 | €204,896 | +€33,252 | +19.4% |
| Current investments | 50/53 | €14,124 | €6,805 | -€7,318 | -51.8% |
| Cash at bank and in hand | 54/58 | €18,610 | €8,775 | -€9,835 | -52.8% |
| Deferred charges and accrued income | 490/1 | €31,174 | €8,524 | -€22,650 | -72.7% |
| Total equity and liabilities | 10/49 | €496,905 | €425,719 | -€71,185 | -14.3% |
| Equity | 10/15 | €295,424 | €305,863 | +€10,438 | +3.5% |
| Reserves | 13 | €88,361 | €96,361 | +€8,000 | +9.1% |
| Non-distributable reserves | 130/1 | €20,451 | €20,451 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,451 | €20,451 | = | 0.0% |
| Distributable reserves | 133 | €67,910 | €75,910 | +€8,000 | +11.8% |
| Profit (loss) carried forward | 14 | €207,063 | €209,502 | +€2,438 | +1.2% |
| Amounts payable | 17/49 | €201,480 | €119,857 | -€81,624 | -40.5% |
| Amounts payable after more than one year | 17 | €60,919 | €20,664 | -€40,255 | -66.1% |
| Financial debts | 170/4 | €60,919 | €20,664 | -€40,255 | -66.1% |
| Amounts payable within one year | 42/48 | €140,561 | €96,591 | -€43,970 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €98,241 | €44,395 | -€53,846 | -54.8% |
| Trade debts | 44 | €22,849 | €5,723 | -€17,126 | -75.0% |
| Suppliers | 440/4 | €22,849 | €5,723 | -€17,126 | -75.0% |
| Taxes, remuneration and social security | 45 | €12,571 | €39,573 | +€27,002 | +214.8% |
| Taxes | 450/3 | €12,571 | €39,573 | +€27,002 | +214.8% |
| Other amounts payable | 47/48 | €6,900 | €6,900 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €2,601 | +€2,601 | |
| Turnover | 70 | €293,063 | €267,472 | -€25,591 | -8.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €225,005 | €223,872 | -€1,133 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,997 | €56,127 | -€1,870 | -3.2% |
| Other operating charges | 640/8 | €22,682 | €4,385 | -€18,298 | -80.7% |
| Gross operating margin | 9900 | €164,805 | €116,421 | -€48,385 | -29.4% |
| Operating profit (loss) | 9901 | €84,126 | €55,909 | -€28,217 | -33.5% |
| Financial income | 75/76B | €1,733 | €363 | -€1,369 | -79.0% |
| Recurring financial income | 75 | €1,733 | €363 | -€1,369 | -79.0% |
| Financial charges | 65/66B | €8,604 | €6,811 | -€1,793 | -20.8% |
| Recurring financial charges | 65 | €8,604 | €6,811 | -€1,793 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €77,254 | €49,462 | -€27,792 | -36.0% |
| Income taxes | 67/77 | €14,783 | €27,023 | +€12,240 | +82.8% |
| Profit (loss) for the period | 9904 | €62,470 | €22,438 | -€40,032 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,470 | €22,438 | -€40,032 | -64.1% |
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 3 October 2026 via checked.be.