FH Solution: 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.
FH Solution
Largest movements
- Cash +€20,486
up €20,486 (+291.5%), from €7,027 to €27,514
mainly Net result for the year (+€30,856) and Depreciation (+€989)
- Receivables within one year +€8,890
up €8,890 (+14.5%), from €61,506 to €70,395
of which Other amounts receivable: +€14,925
- Reserves +€20,000
new in 2025: €20,000
- Profit (loss) carried forward +€10,856
up €10,856 (+18.1%), from €60,038 to €70,894
- Tax, wage and social debts -€1,552
down €1,552 (-20.4%), from €7,623 to €6,071
- Financial charges +€33,416
up €33,416 (+2462.5%), from €1,357 to €34,773
- Gross operating margin +€30,760
up €30,760 (+71.7%), from €42,907 to €73,668
- Financial income +€1,830
up €1,830 (+112.7%), from €1,624 to €3,455
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 | €72,233 | €100,697 | +€28,463 | +39.4% |
| Formation expenses | 20 | €722 | €499 | -€222 | -30.8% |
| Fixed assets | 21/28 | €1,720 | €954 | -€766 | -44.6% |
| Tangible fixed assets | 22/27 | €1,720 | €954 | -€766 | -44.6% |
| Furniture and vehicles | 24 | €1,720 | €954 | -€766 | -44.6% |
| Current assets | 29/58 | €69,792 | €99,244 | +€29,452 | +42.2% |
| Amounts receivable within one year | 40/41 | €61,506 | €70,395 | +€8,890 | +14.5% |
| Trade receivables | 40 | €18,147 | €12,111 | -€6,035 | -33.3% |
| Other amounts receivable | 41 | €43,359 | €58,284 | +€14,925 | +34.4% |
| Cash at bank and in hand | 54/58 | €7,027 | €27,514 | +€20,486 | +291.5% |
| Deferred charges and accrued income | 490/1 | €1,258 | €1,335 | +€76 | +6.0% |
| Total equity and liabilities | 10/49 | €72,233 | €100,697 | +€28,463 | +39.4% |
| Equity | 10/15 | €62,038 | €92,894 | +€30,856 | +49.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €60,038 | €70,894 | +€10,856 | +18.1% |
| Amounts payable | 17/49 | €10,196 | €7,803 | -€2,393 | -23.5% |
| Amounts payable within one year | 42/48 | €10,130 | €7,803 | -€2,327 | -23.0% |
| Trade debts | 44 | €1,674 | €1,732 | +€58 | +3.5% |
| Suppliers | 440/4 | €1,674 | €1,732 | +€58 | +3.5% |
| Taxes, remuneration and social security | 45 | €7,623 | €6,071 | -€1,552 | -20.4% |
| Taxes | 450/3 | €7,623 | €6,071 | -€1,552 | -20.4% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €802 | €989 | +€187 | +23.3% |
| Other operating charges | 640/8 | €151 | €151 | = | 0.0% |
| Gross operating margin | 9900 | €42,907 | €73,668 | +€30,760 | +71.7% |
| Operating profit (loss) | 9901 | €41,955 | €72,528 | +€30,573 | +72.9% |
| Financial income | 75/76B | €1,624 | €3,455 | +€1,830 | +112.7% |
| Recurring financial income | 75 | €1,624 | €3,455 | +€1,830 | +112.7% |
| Financial charges | 65/66B | €1,357 | €34,773 | +€33,416 | +2462.5% |
| Recurring financial charges | 65 | €1,357 | €34,773 | +€33,416 | +2462.5% |
| Profit (loss) for the period before taxes | 9903 | €42,222 | €41,209 | -€1,012 | -2.4% |
| Income taxes | 67/77 | €10,430 | €10,353 | -€76 | -0.7% |
| Profit (loss) for the period | 9904 | €31,792 | €30,856 | -€936 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,792 | €30,856 | -€936 | -2.9% |
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 6 October 2026 via checked.be.